The last upgrade by the US-based agency came in January 2007. This latest revision reflects India’s position as one of the world’s best-performing economies, with real GDP growth between fiscal years 2022 and 2024 averaging 8.8%.
After the White House dubbed Donald Trump the "president for peace", bne IntelliNews contributors assess how much substance there is behind the international diplomatic triumphs claimed by his administration.
India and China are reportedly holding discreet discussions over a possible resumption of border trade, five years after it was suspended.
India’s Nayara Energy, which has ties to Russia’s Rosneft, is shipping diesel to China for the first time in more than four years, as European Union sanctions disrupt its petroleum exports
India’s used-car market is expected to see sales volumes surpass 6mn units in the current fiscal year, according to a recent CRISIL Ratings report.