S&P

S&P Upgrades India's Credit Rating to BBB with Stable Outlook

Official Press

14 Aug 2025

The Ministry of Finance has announced that Standard & Poor’s (S&P) Global Ratings has upgraded India's long-term sovereign credit rating to 'BBB' from 'BBB-' and its short-term rating to 'A-2' from 'A-3', marking the first upgrade in 18 years. This decision reflects India's strong economic growth, commitment to fiscal consolidation, and improved public spending. S&P projects a GDP growth of 6.5% for FY26, highlighting India's resilience amid global challenges and a robust domestic consumption base.

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Foreign Secretary Meets Executive Vice Foreign Minister of China in Diplomatic Talks

The Media Center's recent press releases include significant diplomatic and international events. On February 10, 2026, the Foreign Secretary met with China's Executive Vice Foreign Minister Ma Zhaoxu to discuss important bilateral issues. Additionally, India and the United Kingdom signed an agreement on social security contributions,

IndiaAI Launches 'Kaushal Rath' to Promote AI Literacy Across India

IndiaAI, in collaboration with the Ministry of Electronics & Information Technology and AISECT, has launched the 'Kaushal Rath' initiative to promote AI literacy among students and youth in semi-urban and underserved areas of India. This mobile AI awareness lab aims to deliver AI education by traveling across regions

India and UK Sign Social Security Contributions Agreement

On February 10, 2026, India and the United Kingdom signed a landmark agreement on social security contributions aimed at preventing double contributions for employees on temporary assignments between the two nations, supporting mobility and reinforcing partnerships in the service sector. Source: Original Link

Ministry of Defence Invites Feedback on New Defence Acquisition Procedure 2026

The Ministry of Defence has released the draft of the new Defence Acquisition Procedure (DAP) 2026, aiming to foster jointness, technological advancement, and integration within India's defence sector. The document is pivotal for reducing dependency on imports by boosting homegrown production, aligning defence procurement with modern technological needs,

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Foreign Secretary Meets Executive Vice Foreign Minister of China in Diplomatic Talks

IndiaAI Launches 'Kaushal Rath' to Promote AI Literacy Across India

India and UK Sign Social Security Contributions Agreement

Ministry of Defence Invites Feedback on New Defence Acquisition Procedure 2026