'India's medium-term growth prospects remain strong': Morningstar DBRS upgrades sovereign rating to 'BBB'
Friday, 9 May 2025 Morningstar DBRS has upgraded India's sovereign credit rating to 'BBB' with a stable trend, citing structural reforms, improved fiscal metrics, and macroeconomic resilience. The upgrade reflects India's strengthened economic fundamentals, supported by infrastructure investment, digital transformation, and a robust banking sector. Further upgrades are possible if India maintains reform momentum and reduces its debt-to-GDP ratio.
The UK and India have agreed a trade deal that will make it easier for UK firms to export products to India and cut taxes on India's clothing and footwear exports. Prime Minister Sir Keir Starmer described it as a "landmark deal" which will "boost growth and deliver for British people and business"....
In response to the brutal Pahalgam attack that claimed 26 innocent lives, India launched Operation Sindoor, targeting key terror locations deep inside Pakistan and Pakistan-occupied Kashmir. Families..
A Turkish warship, TCG Büyükada, has docked in Karachi just days after the deadly Pahalgam attack, which India blamed on Pakistan. Pakistan’s navy celebrated the arrival, marking a significant step..
The United Nations Security Council will convene an emergency closed-door session today to discuss escalating tensions between India and Pakistan following the April 22 Pahalgam terror attack. Pakistan..
Friday, 9 May 2025
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