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

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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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link