- India’s Sovereign Rating Reaffirmed at ‘BBB/A-2’ — S&P highlighted fiscal discipline and growth resilience, noting the effective corporate tax rate has fallen to 25% from 50% in August 2025.
- RBI Expected to Hold Rates Amid Inflation Watch — Markets anticipate the central bank will keep the repo rate unchanged next week, balancing food-price pressures against growth support.
- India-Indonesia Defence & Trade Package Worth $630M+ — Beyond missiles, agreements cover critical minerals, wheat-seed supply, sustainable farming tech and joint R&D in space and health.
- Canada-India Finance Dialogue Launched — Focus on energy security (Canadian LNG, potash), food security (pulses, grains) and fintech interoperability to reduce transaction costs.
- Sugar Stock Limits Imposed to Curb Festive Price Rise — Dealers capped at 400 tonnes; bulk consumers limited to 15 days’ stock from September 1. Ethanol blending targets remain intact.
- MMDR Amendment Curbs State Mineral Levies — New central framework bars states from imposing fresh taxes/cesses on mineral rights without Union approval, aiming for uniform fiscal terms.
- Nuclear Liability Draft May Dilute 2010 Reform — Experts warn added approval layers for foreign reactors could steer utilities toward domestic tech, slowing capital inflows.
- India’s Trade Push in Tokyo: “Double Your Presence” — Japanese firms urged to expand manufacturing, semiconductors and green-tech investments; new incentives for SMEs announced.
- Eight AP Pilgrims Missing in Nepal Floods — MEA confirms 288 Indians uncontactable; rescue helicopters and NDRF teams deployed along the Koshi basin.
- Road Accident in Andhra Kills Seven — A private bus collided with an auto-rickshaw in Chilakaluripet (Palnadu district); police registered a case against the bus driver.
- Defence Deals: $630M+ Indonesia missile sale; deeper maritime security cooperation in Indo-Pacific.
- Energy & Food Security: Canada-India dialogue on LNG, potash, pulses; sugar stock limits to stabilize domestic prices.
- Fiscal Health: S&P reaffirms ‘BBB/A-2’; cites lower effective tax rate and controlled deficits.
- Disaster Response: NDRF/MEA coordinating Nepal flood rescue; 288 Indians uncontactable, including AP pilgrims.