Who recently upgraded the credit outlook of Indian industry to Positive?
A. HAL
B. IOCL
C. CRISIL
D. ONGC
Explanation:
Rating agency CRISIL recently upgraded the credit quality outlook of India Inc for FY22 from “cautiously optimistic” to “positive”, predicated on a sustained recovery in demand. This comes after the blip caused by the second wave of Coronavirus (Covid-19) pandemic in Q1FY22.