
Private players seek ‘green energy’ status for N-power to raise funds
10860457 global warming

10860457 global warming
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.

10859672 crude oil imports

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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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10859122 Reserve Bank of India (RBI)
India's current account deficit widened marginally in the April-to-June quarter from a year ago on the back of higher commodity prices and a wider trade gap, the Reserve Bank of India said on Tuesday.
Russia cuts expected 2026 oil output to a 17-year low, while rising crude exports and India's purchases put the spotlight on Moscow's key Asian oil market.
The government wants to ensure adequate domestic supplies of sugar at stable prices ahead of the festive season.
India's resilient economy defies foreign scepticism, with Q1 GDP growth outpacing expectations at 7.8%, driven by strong investment and fiscal improvements. Despite geopolitical tensions and oil price concerns, India's growth fundamentals show promise.