Raidurg land auction fetches record ₹269 crore per acre
Hyderabad's Raidurg area sets a new land auction record at ₹269 crore per acre, with TGIIC earning ₹1,447.22 crore from a 5.38-acre plot.
Economy
Indian Railways to four-lane 11,000 km high-density network
Indian Railways plans to four-lane 11,000 km of high-density routes to expand capacity and reduce congestion on key corridors.
BoE's Bailey: No Serious Long-Term Inflation Pressures Yet
BoE Governor Andrew Bailey says UK inflation pressures remain subdued, citing a soft labour market, despite energy price spikes.
Rostov Declares Emergency as Grain Shipments Stall in Azov-Black Sea Basin
Rostov region declares emergency over port closures and navigation disruptions that have left grain stocks stranded at farms.
ECB's Schnabel urges central banks to 'go on-chain' to stay relevant
ECB's Isabel Schnabel says central banks must adopt blockchain to maintain relevance, citing benefits for liquidity and policy tools.
NPCIL to set up design vertical to support private nuclear entrants
NPCIL plans a new design vertical to support private players and states adopting indigenous PHWR technology, as India opens its nuclear sector.
South Africa secures $405 million NDB loan for hospital and water projects
South Africa signed two NDB loans totaling $405 million for a 488-bed hospital and a water supply scheme in Limpopo and North West.
Fed Chair Warsh Signals Hawkish Stance, Puts Inflation Fight at Forefront
Fed Chair Kevin Warsh says inflation remains the central focus, warning that further policy action may be needed if price pressures don't convincingly move toward the 2% target.
US Treasury Used Reserve Assets for Yen Intervention, Bessent Tells Warren
US Treasury Secretary Scott Bessent confirmed the department exchanged foreign-currency reserves for yen, responding sharply to Senator Elizabeth Warren's demand for details.
Drought in South Africa's Wheat Belt Threatens Harvest, Farmers Seek State Aid
South Africa's wheat harvest faces severe losses due to drought in the Swartland region, with farmers reporting up to 30% crop damage.
Telangana to merge 96 approvals into single TG-iPASS 2.0 window
Telangana is integrating 96 approvals into TG-iPASS 2.0 with deemed approval and statutory backing for faster clearances.
MP school education dept tops list in Rs 648-crore payment probe
Madhya Pradesh's SFIC probe into irregular government payments has flagged 187 DDOs, with the school education department accounting for the highest number at 45.
US-Canada Trade Tensions Ripple Through Businesses on Both Sides of the Border
The escalating US-Canada trade conflict is straining businesses in both countries as tariffs and countermeasures disrupt cross-border commerce.
1991 reforms could have started a decade earlier, says Chidambaram
Chidambaram says India's 1991 economic reforms could have been launched in 1981, but global conditions weren't ready.
US moves to cut Banque Misr's UAE branches from dollar system over Iran ties
The US Treasury proposed cutting Banque Misr's UAE branches from the US financial system, accusing the bank of supporting Iran.
12 Years of Jan-Dhan: 59 Crore Accounts, 56% Held by Women, Says Minister
Union Minister Annpurna Devi marks 12 years of PMJDY, noting 59 crore accounts, 56% women account holders, and Rs 53 lakh crore transferred via JAM trinity.
Parivartan vehicle scrappage scheme crosses 1,300 registrations in Delhi-NCR
Over 1,300 registrations under the Parivartan vehicle renewal scheme in Delhi-NCR; 42 banks and 15 OEMs onboarded.
Kerala to intensify market intervention to check price spikes during festivals
Kerala's Agriculture department will strengthen market intervention during festivals and Sabarimala season to prevent artificial price rise and protect farmers and consumers from middlemen.
Russian Gasoline Output Slips to 70% of Demand After Refinery Strikes
Russian gasoline output fell to about 70% of domestic demand in late August after drone strikes halted work at major refineries, reigniting regional fuel shortages.
Telangana Deputy CM Pitches Singareni-Hutti JV to Boost Domestic Gold Output
Deputy CM Bhatti Vikramarka proposes a Singareni-Hutti Gold Mines JV to scale up domestic gold production, citing Hutti's expertise and SCCL's mining capabilities.