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Fitch Retains India’s BBB- Rating, Sees Strong Growth but Flags Fiscal Strains

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Fitch Ratings on Monday reaffirmed India’s credit rating at BBB- with a stable outlook, citing strong economic growth and resilient external finances. However, the agency flagged India’s high fiscal deficits, debt, and debt servicing costs as key weaknesses when compared with other countries in the BBB category. It also noted that structural factors such as […]

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India Post to Suspend Most US-Bound Shipments from August 25 as New US Duty Rules Take Effect

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The Department of Posts has announced that it will temporarily suspend most postal consignments to the United States starting August 25, following new US customs duty rules set to take effect later this month. On July 30, the US government withdrew the duty-free exemption for goods valued up to USD 800. From August 29, all

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President Murmu Gives Assent to Online Gaming Bill; Money Gaming Banned, E-Sports to Get Legal Boost

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New Delhi, August 22: President Droupadi Murmu on Friday gave her assent to the Promotion and Regulation of Online Gaming Bill, paving the way for a clear legal framework in India’s online gaming sector. The Bill was passed in the Lok Sabha on Wednesday and cleared by the Rajya Sabha on Thursday, August 21. The

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New Facilities and Equipment Inaugurated at Burnpur SAIL-ISP Operation Garage

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Burnpur, West Bengal: In a major step towards strengthening operational efficiency, safety, and infrastructure, the Burnpur Steel Plant of SAIL-ISP (IISCO Steel Plant) inaugurated four new facilities and equipment at its Operation Garage on Thursday. The inauguration was carried out by Surajit Mishra, Director-in-Charge of ISP, in the presence of Dipendu Ghosh (ED, Works), Arup

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centre to Launch 13th Round of Commercial Coal Mine Auctions on August 21, 2025

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New Delhi, August 20, 2025 – The Union Ministry of Coal is set to inaugurate the 13th round of commercial coal mine auctions on Thursday, August 21, 2025, in New Delhi. The event will be presided over by Union Minister for Coal and Mines G. Kishan Reddy as the Chief Guest, alongside Minister of State

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