Officials, now brimming with optimism over the shift in the foreign investors’ outlook for the country, have indicated announcement of steps soon after the close of the ongoing Parliament session — in the government’s efforts to boost foreign investment in the country.
|INDIA’S REPORT CARD What rating agencies say about the nation|
|Foreign currency long-term debt||Local currency long-term debt|
|DBRS||BBB (low) stable||BBB (low) stable|
|Moody’s||Baa3 (investment grade)||Baa3 (investment grade)|
|Fitch||BBB- (stable outlook)||BBB- (stable outlook)|
|S&P||BBB- (stable)||BBB- (stable)|
|Source: Rating agencies|