Walmart and USD 1 Trillion Market Capitalisation – Factual Clarification
Walmart has not yet reached a market capitalisation of USD 1 trillion. While Walmart is the world’s largest retailer by revenue and one of the most valuable companies globally, the USD 1 trillion market-value milestone has so far been achieved primarily by technology giants. This distinction is important for exam accuracy, as market capitalisation and annual revenue are often confused.
RBI Monetary Policy – Factual Clarification on Repo Rate and Inflation
The Reserve Bank of India has not declared the repo rate at 5.25 percent, nor is the inflation rate officially pegged at 2.1 percent. In recent monetary policy reviews, the RBI has maintained a tight monetary stance with the repo rate significantly higher than 5 percent, reflecting its focus on controlling inflation and ensuring macroeconomic stability. Exact figures must always be matched with the latest MPC announcement for exam purposes.
MoU Between NTPC and Assago for Indigenous Green Urea Plant
A Memorandum of Understanding has been signed between NTPC and Assago to establish India’s first indigenous green urea plant. The project aims to use green hydrogen produced from renewable energy to manufacture urea, significantly reducing dependence on fossil fuels and cutting carbon emissions. The initiative aligns with India’s goals of sustainable agriculture, green hydrogen adoption, and reduced fertiliser imports.
China’s Space-Based AI Data Centres
China is developing space-based artificial intelligence data centres, marking a major technological advancement. These orbital data centres are designed to process and store data in space, reducing dependence on Earth-based infrastructure and lowering energy and cooling requirements. The initiative reflects China’s growing focus on integrating space technology with AI, cloud computing, and strategic digital infrastructure.