Blitz Bureau
NEW DELHI: The Japan Credit Rating Agency has raised India’s long-term foreign-currency and local-currency issuer ratings one notch, from ‘BBB+’ to ‘A−’, and lifted the country ceiling one notch to ‘A’. The outlook stays Stable. JCR cited high growth carried by private consumption and public investment, digital public infrastructure, the Goods and Services Tax, and a shift in the quality of spending towards capital expenditure. It noted the Union fiscal deficit falling from 4.7 per cent in 2024-25 to 4.4 per cent in 2025-26. Three-tenths of a percentage point sounds small; it is a sixth of the way to three per cent. Finance Ministry and JCR statements, 2 September 2026.
External Finance : Swap Window Shuts On About $136 Billion
The Reserve Bank’s special dollar-rupee swap facility, opened on 8 June 2026, closed its deposit leg on 31 August with total inflows of about $136.4 billion on the central bank’s provisional data from authorised dealer banks. Deposits by non-resident Indians under the FCNR(B) route brought in about $127.2 billion of it. The window for external and overseas foreign-currency borrowings stays open until 31 December 2026. The Business edition carries the full account. RBI data of 2 September 2026, as carried by Akashvani.
Space : EOS-05 Lifts Off Early On 4 September
ISRO has set the GSLV-F17 flight carrying the EOS-05 Earth-observation spacecraft for 02:55 IST on 4 September 2026, from the Second Launch Pad at the Satish Dhawan Space Centre, Sriharikota. It is the nineteenth flight of the Geosynchronous Satellite Launch Vehicle. ISRO calls EOS-05 India’s first imaging satellite from geosynchronous orbit. The Research Desk report below explains what that changes. ISRO mission page, 29 August 2026.
Public Finance : August GST Receipts Near Two Lakh Crore
Gross Goods and Services Tax collections for August 2026 stood at ₹1,99,853 crore on the Finance Ministry’s provisional data, against ₹1,74,116 crore in August 2025. That is a rise of 14.78 per cent, recomputed here, and ₹25,737 crore more in the month than a year earlier. A provisional estimate is not a final one, and the figure will be revised. Finance Ministry provisional data, 1 September 2026.
Food Prices : Onion Buffer Moves By Rail From Nashik
The Department of Consumer Affairs has begun a calibrated release of the onion buffer, moving stock out of Nashik by the Kanda Express and by road, to hold down the seasonal rise in price. The Ministry says availability is adequate. What makes this worth watching is the method: a buffer released in measured quantities rather than in one consignment is an attempt to steady a price without collapsing it for the grower. Ministry of Consumer Affairs, Food and Public Distribution, 1 September 2026.
Defence Industry : Aero India Returns To Bengaluru In February
The sixteenth Aero India will be held at Bengaluru from 8 to 12 February 2027, the Ministry of Defence has announced on the Press Information Bureau’s release board of 2 September 2026. This desk could not open the body of that release and therefore carries no figure from it — only the dates, the city and the edition number, which the board itself states. Aero India is where India’s defence-production ambitions meet the world’s buyers and sellers in one hall..
