Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that the rains have laid the foundation of an even better GVA performance in subsequent quarters. GVA growth in the first quarter of FY25 was 2.0 per cent.
The BJP flayed Gandhi for "echoing" Trump's "dead economy" jibe at India, calling it a "shameful" insult to the aspirations, achievements, and well-being of the people of the country.
'There is no retrospective changing of the law, only its simplification.'
The IMD said India did not experience any "break monsoon" conditions this year because of the large number of low-pressure systems.
The meteorological centre in Shimla issued a 'red' alert on Sunday for very heavy downpour in 10 districts of Himachal Pradesh, while services on the Shimla-Kalka rail line were suspended for hours till the debris and trees fallen on the tracks following overnight rains were removed.
64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.
Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.
Sudha, who is staying at Tamil Nadu Bhavan in the area, was out on a routine morning walk when the unidentified persons snatched her gold chain and fled the spot, police said.
Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.
With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.
Glimpses from around the world that will make you smile and cry.
India's industrial production growth slowed to a nine-month low of 1.2 per cent in May 2025 due to poor performance of manufacturing, mining and power sectors caused by the early onset of monsoon, according to official data released on mMonday. The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 6.3 per cent in May 2024.
Maharashtra Chief Minister Devendra Fadnavis on Friday sought to make light of his meeting with Shiv Sena-Uddhav Balasaheb Thackeray head and political rival Uddhav Thackeray a day ago and noted his government was stable with support from deputy CMs Eknath Shinde and Ajit Pawar.
The Congress party has voiced its opposition to the Special Intensive Revision (SIR) of electoral rolls in Bihar, calling it a 'Tughlaqi process'. The party stated that all options are open for the INDIA bloc to collectively decide on the issue.
The ruling NDA is expected to win the upcoming election for the post of Vice President of India, following the resignation of Jagdeep Dhankhar.
The Rajya Sabha session was marred by heated exchanges between the opposition and treasury benches regarding the deployment of security personnel in the House. The session was adjourned amidst protests and accusations of undemocratic conduct.
TMC accepts Kalyan Banerjee's resignation and appoints new leaders, signaling a crackdown on dissent within the party.
The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.
Throughout my life at every stage God has blessed me with friends and family that have loved me without reason, declares A Ganesh Nadar on Friendship Day.
The India meteorological department said heatwave conditions will persist for at least two more days.
The Jain community, for whom feeding pigeons is a sacred tradition, have fiercely opposed the closure, with demonstrations in Mumbai highlighting the cultural significance and the distress of pigeons dying on streets.
The government rejected the Opposition's demand for a discussion on electoral roll revision in Bihar, citing that the matter is sub judice and pending before the judiciary.
The delayed timing of J&K Lieutenant Governor Manoj Sinha's admission has more to do with deflecting the thrust of the Opposition attack on the prime minister and Union home minister during the monsoon session of Parliament, points out Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon.
Manufacturers of passenger vehicles (PVs) in the first half of the calendar year (2025) reported a modest 0.5 per cent year-on-year increase in wholesale dispatches, while retail sales grew 2.5 per cent for the same period, reflecting a calibrated approach by automakers amid elevated dealership inventories and cautious consumer sentiment. According to the Society of Indian Automobile Manufacturers (Siam), dispatches rose marginally to 2.16 million units, up from 2.15 million units a year earlier.
Three gates of the Middle Vaitarna Dam in Palghar district were opened on Monday afternoon following a sharp rise in water levels due to continuous rainfall in the catchment area.
Vice President Jagdeep Dhankhar's resignation has triggered the search for his successor. The BJP-led NDA is expected to consider probable candidates soon.
Parliament is expected to discuss the Pahalgam terror attack and Operation Sindoor next week, with both Lok Sabha and Rajya Sabha planning debates.
Aviation watchdog Directorate General of Civil Aviation has revised its operational guidelines for operators during adverse weather conditions, emphasising that safety should take precedence over 'schedule adherence' and encouraged pilots to divert flights in unpredictable conditions.
The government stated that Operation Sindoor was launched in response to a 'barbaric' attack by 'Pakistan-sponsored terrorists,' focusing on dismantling terror infrastructure and neutralizing terrorists likely to be sent across to India.
In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
Maharashtra Agriculture Minister Manikrao Kokate is under fire after a video surfaced allegedly showing him playing rummy on his phone during a legislative session. The opposition accuses the government of being insensitive to farmers' issues.
One of Debashish Bhattacharya's most remarkable contributions is that he has taken the scope and foundation of the slide guitar, improvised it again and again, thereby designing and creating four entirely new guitars.
Former Jharkhand Chief Minister Shibu Soren, a towering figure in the state's tribal movement, was cremated with full state honors in his native village of Nemra. Thousands gathered to pay their respects to the 'Dishom Guru,' including political leaders and villagers.
External Affairs Minister S Jaishankar discusses India's approach to cross-border terrorism following the Pahalgam attack, emphasizing a firm response and no compromise on nuclear blackmail.
Glimpses from around the world that will make you smile and cry.
Glimpses from around the world that will make you smile and cry.
Stepping up the heat on Justice Yashwant Varma, parliamentarians on Monday submitted notices to the presiding officers of the Lok Sabha and the Rajya Sabha for the removal of the Allahabad high court judge from whose residence in New Delhi burnt wads of currency notes were found.
India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.
India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.
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