7.8% slam dunk! 'Dead' economy proved to be quite alive and kicking

Delhi's Cabinet has approved a revised solar policy for residents. Consumers using up to 400 units monthly will get free 3 KW solar panels. The government plans to install these panels for 2.30 lakh consumers. This initiative aims to boost solar energy adoption across the city. The free installation program will be completed by March 2027.

The CEO of Ujjivan Small Finance Bank, Sanjeev Nautiyal, has resigned due to health issues. Carol Furtado will step in as the interim CEO until a new permanent leader is appointed.

India's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt its distribution and product mix for a digital market. The company is enhancing its product portfolio and improving technology for better customer experience. LIC also focuses on asset management to provide competitive returns amid economic volatility. The corporation is prepared to script a more glorious chapter in service to the nation.

United Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and over twenty percent for premium brands. A new canning line at Ellora Brewery will enhance production capacity for various beer segments. Policy reforms in states like Karnataka are driving significant category growth. Cost pressures from ongoing disruptions are estimated at Rs 300-350 crore this fiscal.

India’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumption at state-run retailers rose 9.1% year-on-year, while diesel sales jumped 10.2%. LPG demand, however, fell 16.1%.

India's power capacity is projected to surpass 2,000 gigawatts by 2047, with solar significantly leading this clean energy expansion, reaching over 1,100 gigawatts. Grid-scale storage must increase forty-fold to meet future renewable energy integration needs.

Reliance Consumer Products Limited has launched its new ice cream brand, Bombay Creamery. This brand is positioned as India's first accessible premium dairy ice cream. Bombay Creamery uses authentic dairy ingredients and offers global quality at affordable prices. The new ice cream range is available across various formats and starts at ten rupees. The company plans a nationwide rollout after its initial launch in western India.