BUSINESS
Fitch Maintains India’s ‘BBB-’ Rating with Stable Outlook, Sees Minimal Growth Impact from US Tariffs
"India's economic prospects are still robust compared with peers despite weakening momentum over the last two years," the agency said. "We project GDP growth at 6.5 per cent in the year to March 2026 (FY26), which is the same as FY25, and comfortably above the 'BBB' median of 2.5 per cent," Fitch said in a report issued on Monday.
Top 8 of 10 Most Valuable Companies Boost Market Cap by ₹1.72 Lakh Crore
During the same period, the BSE benchmark index climbed 709.19 points, or 0.87 per cent.
India to buy oil from wherever it gets 'best deal': Indian envoy to Russia
His statement comes just days before new 25 per cent tariff penalty of the Trump administration on Indian oil imports of Russia kicks in on Wednesday.
India's Forex Reserve at Record High, Credit Rating Improved to Stable in Two Decades, says PM Modi
Addressing The Economic Times World Leader Forum in New Delhi, he also highlighted that S&P Global Ratings has upgraded India's long-term sovereign credit rating for the first time in 20 years.
Oil Purchases Serve Both National and Global Interests by Stabilising Prices, says EAM Jaishankar
He argued that India’s crude oil imports from Russia are not only vital for its own economic needs but also play a stabilising role in the global market.
Trade talks on with US but interest of farmers and small producers our priority, says EAM Jaishankar
Speaking at the 'Economic Times World Leaders Forum 2025' here, Jaishankar reaffirmed that the discussions with the US are going on.
India Aims for Defence Export Milestone of ₹50,000 Crore by 2029
Defence Minister Rajnath Singh pointed out that exports of only Rs 686 crore in 2013-14 went up to Rs 23,622 crore in 2024-25, with defence products exporting nearly to 100 nations across the globe.
India-China Trade: Exports Surge 20% in First Quarter of FY26
All four months in the period recorded higher exports outward than the corresponding period last year, reflecting a steady upward trend despite glitches in international trade.
Trump Announces Intel Deal: U.S. to Acquire 10% Equity Stake
The deal includes the U.S. buying a 9.9% stake in Intel for $8.9 billion, or $20.47 per share—about $4 lower than Intel's Friday close of $24.80. The government will buy 433.3 million shares, paid for with $5.7 billion in unspent CHIPS Act grants and $3.2 billion set aside for Intel through the Secure Enclave program.
PM Calls on Private Sector to Foster 5 Unicorns and Achieve 50 Rocket Launches Per Year Over Next 5 Years
During a virtual address on National Space Day; he said private sector players should increase rocket launches from five to 50 a year.
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