Today in News History

On June 29, several notable moments in the history of News stand out. In 1575, Baba Nobuharu, Japanese samurai (born 1515) passed away. In 1873, Michael Madhusudan Dutt, Indian poet and playwright (born 1824) passed away. In 1893, Prasanta Chandra Mahalanobis, Indian economist and statistician (died 1972) was born. In 1935, Katsuya Nomura, Japanese baseball player and manager (died 2020) was born. In 1945, Chandrika Kumaratunga, Sri Lankan journalist and politician, 5th President of Sri Lanka was born. In 1991, Kawhi Leonard, American basketball player was born. In 2011, K. D. Sethna, Indian poet, scholar, writer, philosopher, and cultural critic (born 1904) passed away. In 2012, Yong Nyuk Lin, Singaporean politician, Singaporean Minister of Health (born 1918) passed away. In 2014, Damian D'Oliveira, South African cricketer (born 1960) passed away. In 2020, Stepa J. Groggs, American rap artist (born 1988) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.

Moody’s Says India Rating Safe Despite Potential Deficit Gap

Bloomberg

June 29, 2026

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Moody’s Says India Rating Safe Despite Potential Deficit Gap

India can withstand a potentially wider-than-forecast fiscal deficit this year without jeopardizing its investment-grade rating, according to Moody’s Ratings, as higher energy prices are expected to pose only temporary budget pressures.

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