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India's forex reserves had been under pressure since the West Asia conflict began earlier this year. The rupee came under sustained pressure during the period, prompting the RBI to intervene in the foreign exchange market through dollar sales.
The Road Transport and Highways Minister said the government plans to make all toll booths on national highways barrier-free by March 2027. FASTag adoption has already increased toll collections by 10%, or around Rs 7,000 crore, taking total toll booth revenue to more than Rs 82,000 crore, according to Gadkari.
The Rishikesh Project Implementation Unit of RVNL achieved the breakthrough on Friday after completing the full 10.847-km length of Escape Tunnel 1. The tunnel is the second-longest on the project.
India is actively seeking critical mineral supplies through international partnerships and domestic initiatives. Discussions are underway with Argentina, Australia, and Chile for lithium acquisition. The government launched a mission to boost exploration, processing, and overseas asset acquisition. Strategic collaborations with the US and Australia aim to secure supply chains. Domestic parks will develop processing capabilities for essential minerals.
India's retail inflation rose to 4.82% in August, while wholesale inflation neared double digits. Food inflation increased to 5.95% at the consumer level and 7.05% wholesale. Fuel and power inflation surged sharply to over 22% on the wholesale price index. Economists anticipate continued upward pressure on prices due to global factors. The Reserve Bank of India's monetary policy outlook remains a key focus.
The EPFO, in a social media post on X (formerly Twitter), said that members who join the WhatsApp channel can stay informed about the organisation’s latest updates. In its post on X, the EPFO said, “Join EPFO's official WhatsApp Channel to get important updates and useful information. Click on the link to join.”