1.07 to the power of 1 is 1.07, as any value to the power of 1 is itself.
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For lack of support for multiple levels of exponentiation, I'll use "^" as an additional symbof for exponentiation. 1 crore is 10 million, or 107. Therefore, crorecrore = (107)10^7 = 107x10^7. The expression in the exponent (7 x 107) is the number of zeroes.
Two raised to the power of zero is 1
e raised to the 0 power is 1
Any number raised to the power of 1 is equal to itself.
It is the positive form of the number raised to that power, multpilied by -1 raised to that power.