India’s economic growth forecast for 2025 has been revised downward to 6.3% by the United Nations, citing ongoing trade tensions and policy uncertainties. Additionally, the Indian rupee has experienced depreciation due to capital outflows and a strengthening U.S. dollar. Investors are advised to exercise caution and stay informed about global economic developments.
🌱 Major Investment in Renewable Projects
ReNew Energy Global has announced a $2.57 billion investment to establish a hybrid renewable energy project in Andhra Pradesh. The project aims to generate 2.8 gigawatts of energy, contributing significantly to India’s clean energy goals. This move underscores the nation’s commitment to sustainable development and reducing carbon emissions.
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