India's wholesale price inflation, measured by the Wholesale Price Index (WPI), rose to 9.92% in August, pushed up by higher prices of food, fuel and manufactured items. Within the basket, inflation in manufactured items touched a series high of 8.37%, up from 8.29% in July. The sharp reading points to mounting input-cost pressure across the economy.
Retail inflation measured by the Consumer Price Index (CPI) rose to a 20-month high of 4.8% in August, driven mainly by rising food prices. Economists said the print raises the chances that the Reserve Bank of India will opt for a rate hike at its October review, as price pressures build across both retail and wholesale baskets.
The Hindu
José Cruz/Agência Brasil · CC BY 3.0 brUnion Commerce Minister Piyush Goyal, speaking at the inaugural session of the BRICS Business Forum 2026, urged member nations to link their payment systems and trade in local currencies. He said such cooperation would create jobs, wealth and prosperity for a grouping that represents about half of the world's population and 40% of global GDP.
The HinduNASA has discovered a new lunar crater, dubbed 'McGetchin', during a scan of the Moon's surface. The crater measures 730 feet (222 metres) wide and is believed to have formed in the spring of 2024 from a comet or asteroid colliding with the Moon. Scientists described such a fresh, large impact as a 'once in a century' event.
The HinduMoody's raised its GDP growth forecast for India for fiscal 2027 to 7%, citing the economy's resilience amid the West Asia situation. The agency, however, cautioned that elevated energy prices and El Nino-related food-price pressures pose risks to inflation, consumption and growth, keeping the outlook conditional on external and weather-linked factors.
The HinduThe last seven days as one sheet — grouped by syllabus area, every figure worth memorising, and a quiz across the whole week.
Prepared from official releases (PIB) and national dailies. Summaries and insights are AI-generated from those sources, checked against them before publishing, and each item links to its original. Photographs are from Wikimedia Commons and credited where shown. Not affiliated with UPSC, SSC or any examination body — verify against official notifications.
