The election of Prime Minister Narendra Modi along with the Reserve Bank of India's commitment to contain inflation have sparked the improved confidence.
The aim of the programme is to increase the water table in the stressed areas through dams, ponds, and afforestation. According to a NITI Aayog study, by 2030, the country's water demand is projected to be twice the available supply, implying severe water scarcity for hundreds of millions of people and an eventual 6 per cent loss in the country's GDP.
The mercury breached the 46-degree Celsius mark in several places such as Allahabad (46.8 degrees Celsius) and Jhansi (46.2 degrees Celsius) in Uttar Pradesh; Sports Complex (46.4 degrees Celsius) in Delhi; Ganganagar (46.4 degrees Celsius) in Rajasthan; Nowgong (46.2 degrees Celsius) in Madhya Pradesh; and Maharashtra's Chandrapur (46.4 degrees Celsius).
According to an IMD forecast issued on Thursday, a heatwave spell will persist over northwest and central India during the next five days and over east India during the next three days.
In a statement, the SKM, an umbrella body of 40 farmers' unions, said the struggle will continue to get all demands of the protesting farmers fulfilled and all announced plans are underway.
The prime minister said he was expecting members of the House to show enthusiasm by thumping their desks as a large number of those from the Dalits, Scheduled Tribes and OBC communities as well as sons of farmers and those from economically backward and rural backgrounds have become ministers in the recent rejig.
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Drought looms as large this year as it did in 2009, even as attempts to play down its impact surface.
The Wire has reported that phone numbers of multiple people close to Dubai Princess Sheikha Latifa, who was captured by Indian soldiers in 2018, were added to a list of potential targets for surveillance.
Some states are taking a legal view on the state GST rate and the compensation rules ahead of the Goods and Services Tax (GST) Council meeting, which is likely to be held in mid-June, said people in the know. While the agenda is still being finalised, several states are likely to take up the matter related to GST compensation and may pitch for its continuation beyond the June 30 deadline. States would like to know how they would divide the compensation collected after June 2022 for payment of principal and interest of compensation shortfall borrowing and arrears to states, sources said.
'We don't know how complicated things will get with the onset of the monsoon.'
Congress interim president Sonia Gandhi held a virtual meeting on Friday evening with leaders of 19 Opposition parties, including the chief ministers of some Opposition-ruled states, amid efforts to boost Opposition unity and evolve a common strategy against the National Democratic Alliance government.
'When Covid first struck, the lockdown resulted in clean air in major Indian cities.' 'You were able to see the Himalayan range from Ludhiana.' 'In Delhi, you were seeing deer and stags all over the city because there was no traffic.' 'It was incredible. Nature was waiting to come back.'
Painting a rosy picture, the Asian Development Bank on Tuesday forecast that the Indian economy would grow by 6 % in 2003 and 6.3% in 2004, and said fiscal deficit of the Centre and states would start falling after the elections next year.
In a statement by BCCI secretary Jay Shah, 'the move was made considering the monsoon season in India in the months of September-October this year'.
Rain deficiency in eastern and western Uttar Pradesh, Bihar, Jharkhand, Gangetic West Bengal, Assam and Meghalaya is 20-46 per cent less than normal as of June 17.
A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision, the agency said in a statement. It can be noted that after the 7.3 per cent contraction in 2020-21, there were expectations of a higher growth number in 2021-22.
Congress president Sonia Gandhi on Friday urged top opposition leaders to rise above political compulsions to take on the BJP in the interest of the nation and start planning "systematically" to realise the "ultimate goal" of winning the 2024 Lok Sabha polls
Flood victims have been fighting for survival and living in temporary shelters nearby railway tracks with lack of food items. They are yet to get any help from the government, reports M I Khan.
In 2014, INS Vikrant was dismantled in Mumbai.
The tribal leader, India's youngest president at 64 and the first to be born after Independence, took oath of office in the name of god to 'preserve, protect and defend the Constitution and the law'.
Maintaining a rapid pace of the vaccination drive and quickly bridging healthcare infrastructure gaps across both urban and rural areas would emerge as the most sustainable stimulus for durable recovery of the Indian economy, says a report by the department of economic affairs.
Amid prolonged uncertainty, continued policy support will be crucial for sustained economic recovery from the coronavirus pandemic, Reserve Bank Governor Shaktikanta Das said at the recent meeting of the Monetary Policy Committee. "In this period of prolonged uncertainty, it would be wise to remain agile and respond in a gradual, calibrated and well telegraphed manner to the emerging challenges," opined Das, according to the minutes of the MPC meeting released by the Reserve Bank on Thursday. Observing that economic recovery from the pandemic remains incomplete and uneven, he said, "continued support from various policies remains crucial for a sustained recovery." The governor said the renewed surge in international crude oil prices, however, requires close monitoring.
Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.
During the monsoon session, which began on Monday, the Opposition is seeking to corner the government on its handling of the standoff with China along the Line of Actual Control in Ladakh, the COVID-19 situation, economic downturn and unemployment, and is pressing for discussions on these issues.
Dubey demanded the removal of Tharoor, alleging that he was using his position in a discriminatory manner.
Ravi Singhal, vice chairman, GCL Securities Private Limited, explains why there is no need to worry as stock market indices gain higher levels.
'I want to leave behind the bank stronger and better than when I took over.'
The lockdown in Maharashtra will have a catastrophic impact on April sales, as dealers will not be able to realise the potential of festivities like Ugadi, Gudi Padwa, Baisakhi and Poila Boishakh.
The final report was to be submitted in March but it got an extension till the second week of the monsoon session that began September 14.
BJP members of the panel who were present in the meeting room didn't sign the attendance register in protest leading to a lack of quorum required for holding the meeting.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Rajya Sabha was adjourned sine die on Wednesday evening, two days ahead of the scheduled end of the Monsoon session, after the passage of four bills including on the OBC list and state-run insurance companies.
Indian stock market investors are laughing all the way to the bank with the total market value of domestic listed companies soaring to a record $1.5 trillion on a day when the benchmark BSE Sensex ended at a new closing high of 25,396.46.
Cautioning people that the threat of COVID-19 remains, Prime Minister Narendra Modi on Sunday urged them to shed vaccine hesitancy and get themselves inoculated soon.
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A well-marked low pressure over Bay of Bengal and Indian ocean is likely to concentrate into a depression in the next 24 hours, and bring heavy rainfall to coastal Tamil Nadu and neighbouring Puducherry from December 1, MeT office said on Tuesday.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
Very light rains and thundershowers occurred at isolated places in Uttar Pradesh though, and a fresh warning of heavy showers was issued in Himachal Pradesh as the India Meteorological Department (IMD) said heavy to very heavy rainfall is likely in several parts of the country, including the northern region, over the next six-seven days.
