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Third upgrade in 2025! Japan’s R&I raises India’s sovereign rating to BBB+; cites strong growth outlook and fiscal discipline

Japan’s Rating and Investment Information, Inc. (R&I) has upgraded India’s long-term sovereign credit rating from ‘BBB’ to ‘BBB+’ with a Stable Outlook, marking the country’s third sovereign rating upgrade in 2025. The move emphasizes confidence in India’s domestic demand-driven growth and prudent fiscal management, the Government of India announced on Thursday.“Despite the uncertainties surrounding the…

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Fiscal discipline crucial for growth; states to prioritise quality spending: RBI governor

Emphasising the role of fiscal discipline in fostering economic growth and prosperity, RBI Governor Sanjay Malhotra on Thursday urged states to focus on the quality of expenditure and exercise prudence in off-budget borrowings.Speaking at the 35th Conference of State Finance Secretaries, themed ‘Journey towards Economic Prosperity through the Path of Fiscal Consolidation’, Malhotra highlighted the…

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PepsiCo global CEO in India: Ramon Laguarta meets PM Modi; India set to drive 85% of firm’s future growth

PepsiCo’s global chairman and CEO, Ramon Laguarta, met Prime Minister Narendra Modi in New Delhi on Tuesday evening, as per sources cited by ET. The meeting marks the first time Modi has met a top US CEO in India amid rising trade tensions and new GST taxes. Laguarta was accompanied by PepsiCo’s entire board, representing…

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FOMC meeting: Jerome Powell-led US Fed cuts rate by 25 bps; notes moderation in economic, job growth – two more rate cuts seen

US Federal Reserve Chairman Jerome Powell (File photo) US Fed FOMC Meeting: Led by chairman Jerome Powell, the US Federal Reserve on Wednesday announced a 25 basis points rate cut after the FOMC meeting. “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower…

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Trade outlook: Goyal expects 6% export growth in 2025; ‘from $4 trillion economy to a $30 trillion-plus economy’

Union commerce minister Piyush Goyal on Wednesday said that he expects India’s exports to rise by around 6% this year as compared with 2024.Speaking to reporters, Goyal highlighted India’s strong global trade performance despite challenges and said talks on free trade agreements (FTAs) were progressing with several countries.“India’s exports would grow by around 6% this…

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‘India’s growth resilient’: S&P reaffirms GDP outlook despite global turbulence; why growth story is strong

Global economic shocks have slowed India’s growth in the short term, but its long-term prospects remain strong, according to a report by S&P Global India Research.The report highlighted that reforms, infrastructure development, and process improvements have strengthened India’s position, giving it a competitive edge over developed countries.“Amid global market volatility, India’s growth is resilient and…

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Neuroscientist suggests THIS exercise will give a boost to ‘miracle molecule’ that fuels brain growth, and no, it’s not running

For many, the thought of brain decline is one of life’s deepest fears. Watching loved ones struggle with memory loss can feel like witnessing a part of them slowly fade. Knowing that something as approachable as resistance training might help preserve memory offers both hope and empowerment. It is science reminding us that brain health…

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