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India-Pakistan tensions heighten credit risks for both countries, warns S&P Global Ratings

IndiaTimes Thursday, 8 May 2025
S&P Global Ratings warns that the India-Pakistan conflict elevates credit risks for both nations, potentially weakening sovereign credit support if tensions escalate. While maintaining India's 'BBB-' rating with a positive outlook and Pakistan's 'CCC+' with a stable outlook, S&P anticipates continued high tensions.
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