Forty-nine per cent of Indians polled for the survey are satisfied with the current state of the economy, a seven percentage point drop from last year, while only 45 per cent of respondents are optimistic of the economy improving over the coming four quarters, 15 percentage points lower than the previous year's poll.
Buoyed by 8.8 per cent growth of the Indian economy in the first quarter this fiscal, industry on Tuesday said the GDP may expand by around 9 per cent during 2010-11, but cautioned against certain weak areas like financial services.
The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.
'What India has done will surely embolden more countries to stand up to Trump.'
Defence Minister Rajnath Singh lauded 'Operation Sindoor' as a prime example of tri-services synergy, emphasizing Pakistan's ongoing recovery from the operation's impact. He highlighted the need for coordinated defense strategies and civil-military fusion to address modern security challenges.
India and the US have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington. Both sides are looking at finalising an interim trade deal before August 1. Issues related to agriculture and automobiles figured during the negotiations.
Senior Congress leader Ashok Gehlot on Wednesday met Rashtriya Janata Dal president Lalu Prasad Yadav, apparently with the mandate to defuse tensions with the ally, which has plunged the Indian National Developmental Inclusive Alliance (INDIA) into turmoil in poll-bound Bihar.
Afghan Foreign Minister Amir Khan Muttaqi addressed the controversy surrounding the absence of women journalists at a recent press interaction in New Delhi, stating there was no intention to exclude them. He also discussed trade and investment opportunities between Afghanistan and India.
Can change happen? Not unless the changemakers themselves want it since they benefit the most from the status quo, warns Biswajit Dasgupta.
The just-concluded Asia Cup was deeply saturated with off-field drama. But even amidst the bedlam, there were sparks of brilliance, emergence of new stars and tears of failure.
Many things could play spoilsport for the Indian economy.
He said companies with a good strategy, technology, capital, liquidity and a motivated team will emerge as winners after the crisis.
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
Private investment will respond only to sustainable reform.
Prime Minister Narendra Modi asserted his commitment to eradicating Maoist terror from India, criticizing the previous Congress regime for allegedly supporting 'urban Naxals' and ignoring the violence they perpetrated. He highlighted the significant reduction in Maoist-affected districts and the surrender of numerous Naxalites as evidence of his government's success in combating the issue.
This marks the strongest DRHP filing tally since 1996, when 428 firms sought to enter India's equity markets.
Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.
The BJP has accused the Congress party of fabricating the theory of 'Hindu terror' to undermine Narendra Modi and appease Muslim voters. This statement follows the acquittal of seven individuals in the Malegaon blast case. The BJP demands compensation for the acquitted and an apology from the prosecution.
S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.
Purnendu Maji and Srinivas Bhogle present Rediff's Most Valuable Player Index of Asia Cup 2025.
.jpg)
The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
Indian economy is expected to grow by 8.1 per cent in the current fiscal on the back of a turn-around in agriculture production and an anticipated good showing by the industry and service sectors, a leading economic think-tank said.
The Indian services sector growth touched a ten-month high in June aided by robust expansion in international sales and job creation, amid positive demand trends and ongoing improvement in sales, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven by sharp upturn in new business orders.
ISRO Chairman V Narayanan announces ambitious space program goals, including landing Indians on the Moon by 2040 and launching the 'Gaganyaan' mission in 2027. The agency is also working on a national space station and uncrewed missions.
Two modules published by the NCERT, Swadeshi: Vocal for Local (for middle stage) and Swadeshi: For a Self-Reliant India (for secondary stage), carry excerpts from the prime minister's Independence Day address in which he stressed that self-reliance would drive India's journey towards a Viksit Bharat.
India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.
'I treat myself as a pure fast bowler and I have taken a lot of pride in that. It's a lot of hard work, a lot of discipline, and it has been a constant which I really enjoy.'
Fast bowler Arundhati Reddy is likely to be fit for India's women's World Cup 2025 opener against Sri Lanka on September 30 after figuring in the second warm-up match against New Zealand and taking two wickets in nine overs on Saturday.
China firmly opposes the Trump administration's 50 percent tariffs on India as it is "unfair and unreasonable" and New Delhi and Beijing should scale up economic ties to jointly counter the challenge, Chinese ambassador Xu Feihong said on Monday.
Former India skipper Anil Kumble has been appointed as the ambassador for wildlife conservation by the Karnataka government on Wednesday.
Abhishek Sharma waged a lone battle with an entertaining 68 from 37 balls in the second T20I against Australia at MCG on Friday.
My sense is that we are in a situation similar to 2011-13, notes Debashis Basu.
Former Indian cricketer Ravichandran Ashwin questioned pacer Harshit Rana's selection across all formats, saying that he is not sure about his batting ability at number eight.
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
The Indian economy grew by 8.9 per cent in the first quarter (April-June)of this fiscal, up by 0.4 per cent compared to the same period last year.
'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'
Indicating a faster-than-expected recovery, remittances from migrant labourers and the number of first-time EPFO registrations have crossed the pre-lockdown levels in September, according to a report. Another silver lining is the massive 60 per cent increase in the number of Jan Dhan accounts to over 41 crore and the balances in them, which also indicate the fall in crimes during the lockdown months, SBI Research said in a report on Tuesday. After a significant reduction in remittances due to the lockdown in April, it improved in June and July, and the numbers in September have crossed the pre-pandemic level in February.
'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
