S&P closely watching Covid-19 spike, reimposition of restrictions in India

Noting that similar situations in other markets have resulted in their economies going ‘back on ice’, the developments in India were especially important considering S&P has flagged the recovery and economic growth as key components to the trajectory of its sovereign credit rating profile over the next one-two years, Wood said.

from Economy-News-Economic Times https://ift.tt/3raBFc6