'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"....
Congress MP Shashi Tharoor recently delivered a pointed speech in Guyana, addressing Pakistan's longstanding claims over Kashmir and India's response to cross-border terrorism. During a media..
In a major escalation of U.S. defense policy, President Donald Trump has ordered a quadrupling of America’s nuclear warhead production, sending a strong and unmistakable signal to rivals like China,..
Delhi: BJP MP Baijayant Panda said, "Under Prime Minister Modi's leadership, India has set a new standard over the past decade by adopting a zero-tolerance policy towards terrorism. This is the new..