India has improved its ranking in the World Happiness Report 2025, climbing to 118th from 126th last year. However, it still lags behind neighbouring countries like Nepal, Pakistan, and Ukraine. Finland has topped the list for the eighth consecutive year. The report emphasizes the impact of caring and sharing on happiness, highlighting how sharing meals increases happiness. It also notes a decline in wellbeing in the United States, which has dropped to its lowest ever position at 24th.
India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 in February, indicating a sharp rate of expansion.
Cooking gas or Liquified Petroleum Gas (LPG) price has been raised by Rs 50 per cylinder by distribution companies, Union Oil Minister Hardeep Singh Puri said on Monday.
This time, the BJP leaders were claiming that PM Modi's victory margin will create a record.
While Elon Musk's political influence continues to grow, his business empire is witnessing headwinds.
Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.
'We are not asking for incentives, but at least taxation can be aligned such that the rupee tax on consumers remains the same.'
The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 basis points rate cut to 6.25 per cent comes after last rate reduction in May 2020. The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5 per cent.
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023.
Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.
South Africa crushed England by seven wickets in their final group match to storm into the semi-finals of the ICC Champions Trophy.
Climate scientists warn that climate change is intensifying heatwaves in India, with the cooling effects of La Nia potentially becoming less effective in a warmer future. The India Meteorological Department (IMD) predicts an early summer with above-normal temperatures and intense heatwave spells, following an unusually dry winter and the warmest February since 1901. Experts emphasize the role of human-caused climate change, along with natural climate drivers like El Nio and La Nia, in shaping weather patterns. While La Nia typically brings cooler temperatures, scientists suggest that under climate change, its ability to mitigate heatwaves may be diminished.
On paper, the squad may not create too much optimism among fans but it still has a balanced look with a good mix of young players and experienced international names.
Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.
Mumbai recorded its coldest day on Monday since December 24, 2015 with the temperature dipping to 13.7 degrees Celsius, an India Meteorological Department official said.
Ashleigh Gardner led from the front with a blazing 58 off 31 balls as bottom-placed Gujarat Giants snapped their losing streak with a dominant six-wicket win over Royal Challengers Bengaluru
The tournament was decorated with several impactful players and 12 of them have made it to the ICC Champions Trophy Team of the Tournament.
Why has the shift from ICE to electric slowed down despite initial enthusiasm?
Former Pakistan cricket director Muhammad Hafeez has claimed that ex-captain, Babar Azam and foreign coaches Mickey Arthur and Grant Bradburn had given team fitness lowest priority in the lead-up to the ODI World Cup in India.
This is Sri Lanka's biggest victory over Australia in ODIs in terms of runs.
Growth rate in per capita income is projected to fall to the lowest in 21 years this financial year - except for the financial years 2019-20 (FY20) and 2020-21 (FY21) - according to the first advance estimates. During the last 21 years, the two periods - FY20 and FY21 - saw growth rates in per capita income lower than 7.9 per cent, seen during FY24. This was despite the real gross domestic product (GDP) being projected to grow by 7.3 per cent in the current financial year by the first advance estimates.
Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).
Former MLA Harshwardhan Sapkal has been appointed as the new president of the Maharashtra Pradesh Congress Committee (MPCC), tasked with reviving the party in the state after its crushing defeat in the last year's assembly polls. Sapkal, a veteran politician, replaces Nana Patole, who held the position since 2021. The Congress aims to rebuild its base and prepare for upcoming local body polls, including those in Mumbai, Pune, Thane, and Nagpur. The party will also need to work with its allies, the Shiv Sena (UBT) and NCP (SP), to strengthen the opposition against the ruling BJP-led alliance.
Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards. Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.
India has set an ambitious target of textile exports worth $100 billion by 2030, but the recent data released by the Ministry of Textiles pertaining to India's textile and apparel trade puts achievement of the goal in jeopardy.
A sharp correction in stock prices, signs of rural recovery, and lower raw material costs have not been enough to change brokerages' cautious stance on the top-listed paint companies. Concerns over rising competition and weak demand continue to weigh on sentiment.
'Currently, it takes between two and three years to formulate the request for proposal for procuring specific military equipment for the armed forces. It should not be this way.'
The planet experienced its warmest January on record last month despite the development of La Nia, a climate pattern that usually brings cooler global temperatures, the European climate agency said on Thursday. This comes on the heels of the Earth experiencing its hottest year on record in 2024, also the first to see global average temperatures rise 1.5 degrees Celsius above pre-industrial levels. According to the Copernicus Climate Change Service (C3S), January 2025 recorded an average temperature of 13.23 degrees Celsius, 0.09 degrees warmer than the previous hottest January (2024) and 0.79 degrees above the 1991-2020 average. Scientists also found that the Earth's temperature in January was 1.75 degrees Celsius higher than pre-industrial levels. Global temperatures have stayed above the 1.5-degree mark for 18 of the last 19 months.
A group of retired forest officers has written to Prime Minister Narendra Modi demanding the immediate scrapping of the 10,000-acre safari project in Haryana's Aravallis, arguing that it will harm the environment and wildlife. They highlight the "alarming destruction" of the Aravallis due to mining, quarrying, real estate development, and deforestation, and warn that the project could disturb aquifers crucial for water-starved districts. The retired officers also emphasize the importance of protecting the Aravallis, which is the only significant forest cover in Haryana, for its role in restoring humidity and rainfall in the region.
India's share of total global venture capital (VC) funding fell to 2.9 per cent in calendar year 2023 (CY23) - the lowest since CY19 - reaching $7.3 billion as most startups struggled to raise money without compromising on their earlier valuations. Based on global data by CB Insights on VC funding, funding to Indian startups fell by nearly a third compared to CY22 when it hit $20.6 billion and accounted for 4.8 per cent of the global figure. While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22.
S&P Global Ratings on Wednesday said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports. YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.
Himesh Reshammiya does not have the swag or the acting chops to play a loose cannon cop, sighs Deepa Gahlot.
India witnessed a single-day rise of 36 fresh COVID-19 cases, the lowest since March 2020, while the active caseload declined to 1,844, according to Union health ministry data.
Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.
'A crucial role in bolstering the Indian Army's firepower by enabling precise and long-range strikes.'
It will be interesting to see what shifts have been recorded in the last decade-and-a-half -- from the effects of demonetisation and Covid's second wave to the drop in fertility and increase in farm workers -- but we will only know this if and when the Census is conducted, points out Aakar Patel.
India's U19 women's cricket team continued their impressive run at the ICC Women's U19 World Cup, securing an eight-wicket victory over Bangladesh in a Super Six encounter.
Mumbai recorded a minimum temperature of 16.5 degrees Celsius on Friday, the lowest for November in the last eight years, the India Meteorological Department (IMD) said. This temperature was recorded by the Santacruz observatory, which records weather parameters for Mumbai's suburbs. The Colaba observatory, which records weather parameters for the island city, registered a minimum temperature of 21.4 degrees Celsius during the same period. There is no cold wave alert for Maharashtra from November 30 to December 3, and temperature is set to rise.
Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.
The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.
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