CareEdge Global Unveils Third Edition of ``Sovereign Ratings: A Fresh Perspective`` in London
CareEdge Global, the global scale ratings arm of CareEdge Ratings, today announced the launch of the third edition of its flagship report, “Sovereign Ratings: A Fresh Perspective – Volume 3 (2026)”, at a high-profile event in London.
The report was formally launched by Shri Piyush Goyal, Hon’ble Minister of Commerce and Industry, Government of India, in the distinguished presence of H.E. Mr Kumaran Periasamy, High Commissioner of India to the United Kingdom; business leaders from UK and India and
Mehul Pandya, Managing Director and Group CEO, CareEdge .
Speaking at the launch, Shri Piyush Goyal, Hon’ble Minister of Commerce and Industry, Government of India, said, “I congratulate the CareEdge Global team for bringing out this comprehensive and insightful report. Such research-driven publications play an important role in enhancing understanding of sovereign risk dynamics and the evolving global economic landscape. It is important to have a dialogue on the sovereign risk assessment framework of rating agencies.”
The latest edition of the report presents a detailed analysis of 45 sovereign economies, collectively accounting for approximately 85% of global GDP. Built on a rigorous five-pillar analytical framework, covering economic structure, fiscal strength, external position, monetary stability, and governance, the report offers a forward-looking, data-driven assessment of sovereign credit risk across both developed and emerging markets.
“The third edition of the Sovereign Ratings reflects CareEdge Global’s commitment to a rigorous, transparent, and forward-looking approach to sovereign risk assessment. By emphasising key growth enablers such as capital investment, infrastructure development, and the strength of domestic funding ecosystems, we aim to provide a nuanced and accurate assessment of sovereign risk. While our framework maintains global standards, it is also designed to capture the distinct opportunities and challenges that shape the economic trajectories of emerging markets,” said Mehul Pandya, Managing Director and Group CEO, CareEdge, at the event.
The report provides valuable insights into global macroeconomic trends, fiscal dynamics, institutional strength, and external resilience, helping stakeholders navigate an increasingly complex and uncertain global economic landscape.
Revati Kasture, CEO, CareEdge Global, said, “Since its inception, CareEdge Global has remained committed to delivering independent, transparent, and research-led insights across sovereign and corporate credit assessments. Over a relatively short period, we have built significant scale and credibility, with our sovereign coverage expanding to 45 countries, collectively accounting for nearly 85% of global GDP, and our corporate debt portfolio surpassing USD 12 billion,” she said.
The 2026 edition reflects CareEdge Global’s rapid evolution as a credible global ratings player, combining analytical independence, methodological transparency, and emerging-market insight. The report highlights key global themes, including fiscal consolidation challenges, external vulnerabilities, structural reforms, and growth resilience across economies.
With its expanding international footprint and growing recognition among policymakers and investors, CareEdge Global continues to play a pivotal role in shaping discourse around sovereign credit risk and investment opportunities worldwide.
The London launch highlights the firm’s ambitions to deepen engagement with global investors and policymakers, particularly in financial centres such as the UK, as it expands its footprint beyond India.
