Deloitte on Thursday projected economic growth at 6.5-6.7 per cent for the current fiscal, as tax incentives provided in the Budget are expected to push domestic demand amid an uncertain global trade environment. Deloitte estimated India's GDP growth at 6.3-6.5 per cent for FY25 and said that the economic outlook for FY26 hinges on a delicate balance between evolving trade relations and government efforts to boost domestic consumer demand.
'Josh is such a key figure for us -- not just with his bowling, because we know it's world-class and what he does time and again -- but also as part of the bowling unit, that sort of calm head out there for everybody else to lean on.'
Maharashtra Navnirman Sena (MNS) president Raj Thackeray has slammed the state government's decision to make Hindi a mandatory third language in schools from Classes 1 to 5, calling it an attempt to "Hindi-fy" the state. Thackeray has vowed to oppose the decision vehemently and ensure it is not implemented. The move is part of the new curriculum implementation under the National Education Policy (NEP) 2020, which mandates a three-language formula for classes 1 to 5. Thackeray argues that Hindi is not a national language but a state language and its imposition undermines the principle of linguistic regionalization. He also questioned why Hindi is being forced on Maharashtra but not in southern states. The Opposition Congress has also criticized the move, calling it an imposition of Hindi and a threat to Marathi sentiment. The state government, however, defended its decision, stating that Hindi is a means of communication in the entire country and that Marathi is already compulsory.
Fadnavis on Thursday asserted that Marathi is the language of Mumbai and Maharashtra and anyone who lives here should learn and speak it, after a Shiv Sena-UBT MLA pointed to comments of a Rashtriya Swayamsevak Sangh leader.
A case has been registered against Maharashtra BJP minister Radhakrishna Vikhe Patil and 53 others, including directors of a sugar mill, for allegedly obtaining loans of nearly Rs 9 crore in the names of farmers using forged documents. The complaint was filed by a sugarcane cultivator and member of the cooperative sugar mill, alleging that the loan amounts were never credited to the farmers' accounts and were instead siphoned off by sugar mill officials and bank staff. The case was registered based on a court directive following a complaint alleging irregularities that occurred in 2004.
Maharashtra Chief Minister Eknath Shinde on Friday declined NCP (Sharadchandra Pawar) president Sharad Pawar's invite for a meal at his residence in Baramati in Pune district on Saturday, citing a hectic schedule.
Actor and BJP MP Kangana Ranaut has criticized comedian Kunal Kamra for his recent remarks about Maharashtra Deputy Chief Minister Eknath Shinde, calling them "disrespectful" and "in bad taste." Ranaut, who was speaking to reporters outside Parliament, said that Kamra's comedy was "disgracing" and that Shinde had earned his position through hard work. She also echoed Maharashtra Chief Minister Devendra Fadnavis' call for Kamra to apologize for his "low level comedy." The controversy comes after Shiv Sena members damaged the comedy club where Kamra's show took place, in response to his jokes about Shinde's political career and recent developments in Maharashtra.
'The message is loud and clear: "If you're not falling in line, we will open a line of understanding with the MNS, and then the Shiv Sena will be in trouble".'
Today's scenes from the Maha Kumbh Mela 2025 in Prayagraj...
In an unexpected move, the government has terminated services of K V Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure. The move comes days before the IMF executive board is to consider financial aid for debt-ridden Pakistan.
Markets regulator Sebi on Wednesday barred former CEO of IndusInd Bank, Sumant Kathpalia, and four other senior officials from accessing the securities markets in connection with an alleged insider trading in the bank's shares. In addition to the market ban, Sebi has impounded Rs 19.78 crore collectively from the five individuals, according to an interim order passed by the regulator.
Shiv Sena leader Sanjay Nirupam has alleged the involvement of individuals with links to Bangladesh in the recent violence in Nagpur. Nirupam also claimed the violence was "pre-meditated" and was part of a larger conspiracy. He further expressed concerns about the broader implications of the stance of the Shiv Sena (UBT), suggesting the Uddhav Thackeray-led party has shifted to an "anti-Hindu" position. Chief Minister Devendra Fadnavis, however, said it was too early to comment on a foreign or Bangladeshi link to the Nagpur violence.
Before the violence and rioting that erupted in Nagpur on Monday, March 17, over Mughal emperor Aurangzeb's tomb came provocative statements from various political leaders.
Maharashtra Minister Nitesh Rane has sparked outrage with his controversial remarks calling for Hindus to ask the religion of shopkeepers before buying from them, following the Pahalgam terror attack. Rane's comments, delivered at a gathering in Dapoli town, have been widely condemned as divisive and inflammatory. His call for Hindu organizations to demand such a practice has raised concerns about potential communal tensions and prejudice. Rane's remarks also referenced Mughal emperor Aurangzeb and urged Hindus to only buy from other Hindus, further fueling anxieties about communal harmony.
The committee includes secretaries of the women and child welfare, minority affairs, law and judiciary, social justice and special assistance departments, and deputy secretaries of the home department.
Global Rating agency Moody's on Wednesday said it was reviewing IndusInd Bank's risk management capabilities, and its leadership transition, with the private sector lender grappling with accounting lapses pertaining to its derivatives transactions. "The financial impact of the derivatives losses is quite manageable considering IndusInd Bank's strong capital.
Fadnavis said the talks between Shah and Raj Thackeray were positive, and the picture would be clear in the next few days.
He cautioned the party workers and emphasised the importance of management to ensure electors reach polling booths and cast their votes.
The glimpses of the "Maha Kumbh Mela", or the Great Pitcher Festival, in Prayagraj, January 13, 2025.
The Shiv Sena-Uddhav Balasaheb Thackeray and Nationalist Congress Party group under Sharad Pawar on Friday demanded the resignation of Maharashtra Home Minister Devendra Fadnavis over the murder of Sena-UBT leader Abhishek Ghosalkar during a 'Facebook Live'.
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
Maharashtra Deputy Chief Minister Eknath Shinde on Monday said he has followed the principle of '80 per cent social work and 20 per cent politics' of Shiv Sena founder Bal Thackeray in his career and pledged to continue working for the common man. Shinde's remarks came after the state assembly passed a unanimous resolution congratulating him for receiving the 'Adya Jagatguru Shri Sant Tukaram Maharaj Puraskar', a prestigious award from the Warkari (devotees of Lord Vitthal) community, earlier this month. The resolution comes amid a row over stand-up comedian Kunal Kamra's alleged defamatory remarks against Shiv Sena leader Shinde, with Chief Minister Eknath Shinde demanding an apology from Kamra even as the opposition came out in his support.
The Nationalist Congress Party (NCP) has expelled a local leader and his son after they were named in a dowry harassment and abetment to suicide case in Pune, India. The victim, Vaishnavi, allegedly hanged herself on May 16 after facing harassment from her in-laws for dowry. The police have arrested her husband, mother-in-law, and sister-in-law, while the father-in-law and brother-in-law are absconding. The case has garnered attention due to the involvement of Maharashtra Deputy Chief Minister Ajit Pawar, who attended the couple's wedding and gifted them an SUV.
'Like me there are crores of Marathi people in the state hoping for this miracle to work.'
"Who is Aurangzeb? Why should we allow his glorification in our state? He is a blot on our history," the deputy chief minister said in his closing remarks.
Thackeray also drew a comparison between the current regime and Hitler.
'For three months Raj Thackeray becomes a staunch Hindu and for the next three months he becomes anti-Hindu.'
Thackeray said since the SC directed Narwekar in May last year to take a decision on the pleas seeking disqualification of rebel Shiv Sena MLAs, the speaker has met the chief minister twice.
On Thursday, Fadnavis wrote a letter to Ajit Pawar opposing NCP leader Nawab Malik sitting on a treasury bench seat.
The Congress party in India has accused the government of "impropriety" in the sudden termination of KV Subramanian's position as India's executive director at the IMF, alleging it was linked to the Union Bank of India's purchase of two lakh copies of his book. The party also questioned the government's stance on Pakistan's request for a loan from the IMF.
The Maharashtra government, led by a coalition of the BJP and Shiv Sena, has admitted that it cannot increase the monthly financial aid under the Ladki Bahin Yojana to Rs 2,100, as promised during the 2024 assembly polls. The government cites severe financial stress as the reason. Social Justice Minister Sanjay Shirsat, a Shiv Sena leader, has said that the scheme will continue with the existing amount of Rs 1,500, but the increase is not feasible at this time. The minister also accused the Finance Department, led by Ajit Pawar, of diverting funds from his department without his knowledge. He called for a law to ensure that the social justice and tribal affairs departments receive their allocated funds. The statement comes as an embarrassment for the Mahayuti government, which had heavily campaigned on the promise of increasing the Ladki Bahin Yojana aid.
The controversy deepened after a video surfaced showing Deputy Chief Minister Ajit Pawar at the wedding, personally handing over a Fortuner SUV and making a remark widely interpreted as normalising dowry.
IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.
India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
The Maharashtra Navnirman Sena (MNS) has demanded the removal of decorations and installation of CCTV surveillance at the tomb of Mughal emperor Aurangzeb in Chhatrapati Sambhajinagar district, Maharashtra. The party also wants a board to be installed at the site stating that Aurangzeb was buried there after trying to "finish" the Marathas. The demands come amid a push by right-wing outfits to remove the tomb. The MNS's memorandum comes amid demand by right-wing outfits to remove Aurangazeb's tomb. Chief Minister Devendra Fadnavis said whether people like the Mughal emperor or not, his tomb is a protected monument, but his glorification will not be allowed.
The father of Murali Naik, a soldier from Andhra Pradesh who died during cross-border shelling in Jammu and Kashmir's Poonch, said his son joined the Army despite his opposition as he wanted to serve the nation. Naik, a 23-year-old Agniveer, died in the line of duty on Friday. He was the primary breadwinner for his family, which has been living in Mumbai for the past 32 years. Naik's death has been mourned by politicians and officials, including Andhra Pradesh Chief Minister N Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis.
Senior RSS leader Suresh Bhaiyyaji Joshi's call to drop the Aurangzeb tomb controversy challenges decades of communal rhetoric in Maharashtra, igniting hopes for unity and a balanced historical narrative.
If I were to explain stealth to a layperson, I'd ask them to think of the game chupan-chupai (hide and seek) we played as children, explains Air Commodore Nitin Sathe (retd).
The United States on Thursday said it supports India's right to defend itself and its fight against terrorism as US Defence Secretary Pete Hegseth dialled Defence Minister Rajnath Singh amid rising tensions between India and Pakistan over the Pahalgam terror attack.
The luncheon meeting was held at the INS Angre auditorium, a state government official said.
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