Credit rating agency S&P Global has upgraded India’s long-term sovereign rating from BBB- to BBB, marking its first rating boost in 18 years. The outlook remains stable. Why the Upgrade S&P cited India’s strong economic resilience, sustained fiscal consolidation, and improvements in

India’s MiG‑29 fighter jets are not being revamped by the United States, contrary to recent reports circulating online. The Indian Air Force’s MiG‑29 fleet had already undergone a comprehensive upgrade programme nearly two decades ago under a direct contract with Russia. The mid-life upgrade was initiated in 2008 to extend the operational life of the […]