India's economy grew at a faster-than-expected rate, showing resilience against concerns of an economic downturn over the US-Iran war, the latest numbers show.
Wants a minimum gauranteed price of Rs ₹25,000 a tonne for oil palm
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Initiative expected to create greater opportunities for entrepreneurship, investment, value addition and market development in Keralam’s coconut sector, Chief Minister V D Satheesan says
However, mills find few takers for their offers, while prices likely to drop further tomorrow
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Bidding for the land, located in front of and behind Sangarmaal, began at 11am on 25 August and continued into the early hours of 26 August. The highest bid reached ₹421.75 crore on a full-lease basis.
The RBI revised its FY27 GDP growth forecast to 6.7%. PM Modi emphasized India's 7.8% real GDP growth in Q1 FY27, urging for local consumption and to avoid non-essential spending, noting the importance of conserving foreign exchange for continued growth.
A sovereign credit rating is a composite measure of several elements that affect a country’s ability to service its debt obligations. Instead of treating it as a badge of national prestige, it is more useful to engage with its many dimensions.
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The state is also actively engaging other global manufacturing hubs during the same period. A state delegation led by Minister Keerthana will travel to Taiwan on September 4 to participate in the Semicon conference.
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Japan Credit Rating Agency upgraded India’s sovereign credit rating to A- from BBB+ citing strong economic growth, fiscal consolidation, a healthier financial system and resilient external finances. JCR expects India to grow over 6% in FY27 but flagged high government debt as a key risk.
The deal by drug major with the US government to lower prices of its innovative drugs in the US is in line with the lowest prices paid by other developed nations, under the most favoured nation (MFN) pricing framework
Egg prices have risen sharply, with 84 per cent of surveyed households reporting an increase in the past six months. Nearly half have reduced purchases, while over 70 per cent of consumers are concerned about egg adulteration amid rising food inflation.
India’s July economic indicators showed resilience driven by vehicle sales and credit, but persistent inflation, uneven consumption, and monsoon deficits threaten rural demand.
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Fed Governor Michael Barr says the central bank should raise interest rates if inflation fails to cool towards its 2% target.
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