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India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in

India's economy grew 7.8% in the latest quarter, and Prime Minister Narendra Modi urged citizens to curb gold purchases and foreign travel to strengthen domestic demand. Speaking in a video from the Shanghai Cooperation Organisation (SCO) summit in Bishkek on September 1, he linked such spending choices to India's stated goal of becoming a developed economy by 2047.

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Ank Kumar · CC BY-SA 4.0

Science & Technology

ISRO successfully launches Earth observation satellite EOS-05

ISRO successfully launched EOS-05, described as India's first imaging satellite, aboard the GSLV-F17 rocket. Weighing 2,367 kg, the Earth observation satellite was placed into its intended Sub-Geosynchronous Transfer Orbit (Sub-GTO). As an imaging satellite, EOS-05 is built to capture Earth observation data, adding to India's remote-sensing capability, while the flight demonstrates the operational performance of the GSLV launch vehicle.

The Hindu

Persons in News

Eight High Court judges appointed as Chief Justices

Eight High Court judges were appointed as Chief Justices of various High Courts, filling leadership vacancies at the top of the judiciary. The appointments include a new Chief Justice for the Rajasthan High Court, which had recently seen a controversy involving its Acting Chief Justice. The reshuffle strengthens leadership across several High Courts simultaneously.

The Hindu

Persons in News

BJP MP Dinesh Sharma appointed Lt Governor of Andaman and Nicobar Islands

BJP MP Dinesh Sharma was appointed Lieutenant Governor of the Andaman and Nicobar Islands, a Union Territory administered by a Lieutenant Governor. He succeeds Admiral D.K. Joshi (retired), who had held the post since taking charge on October 8, 2017. The appointment fills the top office of the island territory and gives it a new administrative head.

The Hindu

Reports & Indices

IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption

India's Index of Industrial Production (IIP) grew 6.7% in July 2026, its second-best pace since December last year, even as economists flagged sluggish rural consumption. The expansion was led by the manufacturing sector and the electricity and gas supply segment. The reading points to steady industrial momentum despite persisting demand-side concerns.

The Hindu

Economy

Narendra Modi · CC BY 2.0

Economy

India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in

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Economy

Boost for Indian economy after 7.8% GDP; Japan agency upgrades sovereign rating from BBB+ to A- | Difference explained

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Science & Technology

Ank Kumar · CC BY-SA 4.0

Science & Technology

ISRO successfully launches Earth observation satellite EOS-05

The Hindu

Javed Anees · CC0

Science & Technology

Authorities probing ‘counterfeit’ rabies vaccine, says drug regulator

The Hindu

Persons in News

Eight High Court judges appointed as Chief Justices

The Hindu

Persons in News

BJP MP Dinesh Sharma appointed Lt Governor of Andaman and Nicobar Islands

The Hindu

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Index of Industrial Production (IIP)

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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.

Today

India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in

ISRO successfully launches Earth observation satellite EOS-05

Eight High Court judges appointed as Chief Justices

BJP MP Dinesh Sharma appointed Lt Governor of Andaman and Nicobar Islands

IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption

More stories

Economy

India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in

Boost for Indian economy after 7.8% GDP; Japan agency upgrades sovereign rating from BBB+ to A- | Difference explained

Science & Technology

ISRO successfully launches Earth observation satellite EOS-05

Authorities probing ‘counterfeit’ rabies vaccine, says drug regulator

Persons in News

Eight High Court judges appointed as Chief Justices

BJP MP Dinesh Sharma appointed Lt Governor of Andaman and Nicobar Islands

Practice Tests

Today’s Test

Weekly Test

Monthly Test

Weekly Revision

Concepts

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Today

India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in

ISRO successfully launches Earth observation satellite EOS-05

Eight High Court judges appointed as Chief Justices

BJP MP Dinesh Sharma appointed Lt Governor of Andaman and Nicobar Islands

IIP growth slows to 6.7% in July 2026, economists warn of sluggish rural consumption

More stories

Economy

India GDP grows 7.8%, but PM Modi urges less gold purchase, foreign travel: Does it help the economy? Expert weighs in

Boost for Indian economy after 7.8% GDP; Japan agency upgrades sovereign rating from BBB+ to A- | Difference explained

Science & Technology

ISRO successfully launches Earth observation satellite EOS-05

Authorities probing ‘counterfeit’ rabies vaccine, says drug regulator

Persons in News

Eight High Court judges appointed as Chief Justices

BJP MP Dinesh Sharma appointed Lt Governor of Andaman and Nicobar Islands

Practice Tests

Today’s Test

Weekly Test

Monthly Test

Weekly Revision

Concepts