Day: August 28, 2025

Fitch Ratings has affirmed India’s sovereign credit rating at ‘BBB-’ with a stable outlook. This is the lowest investment-grade rating. The agency’s decision is underpinned by India’s robust economic growth and solid external finances. Fitch’s forecast for India’s GDP growth is 6.5% for the fiscal year ending March 2026 (FY26), which is unchanged from FY25. This figure is significantly higher than the median of 2.5% … Read more

The Pradhan Mantri Jan Dhan Yojana (PMJDY), India’s flagship financial inclusion programme launched on 28th August 2014 by Prime Minister Narendra Modi, has completed 11 successful years. Marking this occasion, Union Finance Minister Nirmala Sitharaman announced that over 560 million (56 crore) Jan Dhan accounts have been opened, transforming the lives of millions by giving … Read more