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Hydropower generation in Asia has plunged at the fastest rate in decades amid sharp declines in China and India, data shows, forcing power regulators battling volatile electricity demand and erratic weather to rely more on fossil fuels. The two countries, which account for about 3/4 of Asia's power generation and most of its emissions, are also to a lesser extent using renewables to make up for the hydropower shortfall and address rising electricity use. Major Asian economies have faced power shortages in recent years due to extreme weather conditions, including intense heat and lower rainfall over large swathes of northern China and Vietnam, as well as in India's east and the north. Higher use of polluting fuels such as coal to meet electricity demand spikes and supply shortages underscore the challenges of lowering emissions.

economic review for August published on Friday, the Department of Economic Affairs (DEA) said that the prices of selected food items that drove the inflation rate above 7 per cent in July are on the retreat. «The calibrated measures taken by the Government, including adjustments in the duties of many critical inputs and monetary policy tightening, helped to reduce core inflation,» the DEA said in its report. In its report, the department specified that the government's targeted measures for specific crops, including build-up of buffer, procurement from producing centres and subsidized distribution enabled easing of inflation in the country. Amid growing food inflation in major economies inter alia France, Germany, Japan, South Africa, and UK, India on the other hand saw a dip in its retail inflation. As of August, consumer food price inflation eased to 9.9 per cent from 11.5 per cent in July. Vegetable inflation, however, surged in both July and August due to various factors including a sudden price rise in tomatoes and other food items, due to crop specific and weather-related factors like rain deficiency in the country. Nonetheless, the average inflation during April-August 2023, was 5.6 per cent, which is within the RBI tolerance limit of 2-6 per cent. Meanwhile, the economy's outlook report highlighted that the monsoon deficit in August could impact both Kharif and Rabi crops which requires assessment.

Bitcoin advocate Nic Carter has come out to reiterate his support for the theory that the United States National Security Agency (NSA) had something to do with the creation of Bitcoin (BTC).

LONDON (Reuters) — British retail sales were 0.4% higher in August than in rain-hit July, figures from the Office for National Statistics showed on Friday.

Bharat Electronics Ltd. gained 0.4 per cent to Rs 135.75 at 11:21AM (IST) in Friday's trade.

Bajaj Holdings & Investment Ltd. traded 0.11 per cent down at Rs 7338.0 at 11:26AM (IST) on Friday, even as BSE benchmark Sensex gained 34.51 points to 66264.75. The scrip had settled at Rs 7346.35 in the previous session.

In a show of support to Delhi government's ban on use of firecrackers, Supreme Court refused to interfere in to the matter. It also rejected plea seeking the manufacture and use of firecrackers using barium.

Q: At Adobe's Best of SUMMIT event, we discussed how 'Experience Led Growth' is foundational to the success of every business. How does digital transformation fit into your company's growth agenda? Praneeth Obilisetty: As a company, we largely have an offline presence. Anybody who has been through a painting cycle will have an experience of offline collaterals with chip cards and the whole cumbersome process that comes with getting your space repainted.

mental health issues. "The only comfort we have is knowing Angus is now reunited with his dad, who was his best friend," said his family, in a statement sent by Cloud's publicist.

Investing.com-- Most Asian currencies moved little on Friday as markets continued to fret over higher U.S. interest rates, while the yen came close to 10-month lows after the Bank of Japan maintained its ultra-dovish policy.

GAIL (India) Ltd. gained 0.53 per cent to Rs 121.9 at 10:25AM (IST) in Friday's trade.

India's crypto industry may have to wait for up to two years for a more lenient crypto tax regime, as per domestic exchange WazirX's CEO. 

A post shared by Amy Jackson (@iamamyjackson) Jackson has appeared in more than fifteen films and made her US debut in 2017 with Warner Brothers' television production of DC Comics' Supergirl as Imra Ardeen/Saturn Girl, shared a series of photos from a recent outing with her boyfriend Ed Westwick on Instagram. Her altered look, featuring prominent cheekbones and light eyes, prompted many fans to comment on her resemblance to Cillian Murphy.

Noida Traffic alert! Advisory issued for 5 days for UP International Trade Show 2023, MotoGP. See alternate routes here The meeting was called together by the neutral expert, who was appointed at India's request under the framework of the Indus Waters Treaty, the MEA said.

Indian stock market indices are likely to open lower on Friday amid weak sentiment in the global peers. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading at around 19,714 level as compared to the Nifty futures’ previous close of 19,769.

International Trade Show (UP ITS) and the MotoGP race that are taking place in Greater Noida until September 25. Police said violators of this order will be subjected to punishment under Section 32 of the Police Act 1861.

Markets are focusing on comments from Governor Kazuo Ueda's post-meeting briefing for clues on how soon the bank could phase out the massive stimulus programme of his predecessor. As widely expected, the BOJ maintained its short-term interest rate target of -0.1% and that for the 10-year bond yield around 0% at a two-day meeting that ended on Friday. It also left unchanged an allowance band of 50 basis point set either side of the yield target, as well as a new hard cap of 1.0% adopted in July. «Japan's economy is likely to continue recovering moderately,» the BOJ said in a statement announcing the decision, adding that inflation expectations have shown renewed signs of heightening. The BOJ's decision contrasts with those of U.S.

Investing.com-- Most Asian stocks moved in a flat-to-low range on Friday as markets continued to fret over rising interest rates, while Japan’s Nikkei tumbled amid uncertainty before a Bank of Japan meeting. 

Investing.com-- The Bank of Japan held interest rates at negative levels as widely expected on Friday, and said that it will continue with its current pace of asset purchases and yield curve control to stimulate the economy. 

By Leika Kihara

SYDNEY (Reuters) -Australia on Friday recorded a final budget surplus of A$22.1 billion ($14.2 billion) for the year to June 2023, five times earlier estimates, as strong jobs growth and bumper mining profits helped the country post the first surplus in 15 years.