INDIA bloc parties are set to raise issues such as the Pahalgam attack, US President Trump's claims of brokering a ceasefire, and concerns over electoral roll revisions in Bihar during the Parliament's Monsoon session.
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.
The onset of the southwest monsoon is being keenly watched this year as it may provide an early sign regarding its progress over the Indian subcontinent, particularly when El Nio is expected to rear its head during the latter half of the season.
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.
From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.
On May 15, the weather office had announced the onset of monsoon over Kerala by May 31.
"In 1948, Indian armed forces were in a decisive position to take back Pakistan-occupied Kashmir but then PM Jawaharlal Nehru declared unilateral ceasefire," Amit Shah said. In 1971, Shah said, 93,000 Pakistani soldiers surrendered and India had 15,000 sq km Pakistan territory under control, but still PoK was not taken back. During the 1962 war with China, then PM Nehru bade goodbye to Assam in a speech on Akashvani, he said.
The southwest monsoon season concluded on Saturday with India receiving 'below-average' cumulative rainfall -- 820 mm compared to the long-period average of 868.6 mm -- in an El Nino year.
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.
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.
Defence Minister Rajnath Singh stated India's readiness to assist Pakistan in combating terrorism if it cannot act on its own, highlighting Operation Sindoor as a demonstration of India's capabilities. He also criticized Pakistan's appointment to a UN counter-terrorism committee.
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
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.
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 domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors' sentiment during the week.
The BCCI has also taken the monsoon season into consideration before deciding on the venues.
Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.
'China could intentionally release excess water.' 'The North East is already flood-prone during the monsoon, and even a controlled release from Chinese dams (during the monsoon) could worsen flooding.'
Intense rains lashed Kerala on Sunday, uprooting trees across the state, including one that fell on a moving train in Thrissur and another that caused a fatality in Kozhikode. Houses were damaged, rivers were in spate, and shutters of some dams were raised as the southwest monsoon gained strength. The Indian Meteorological Department (IMD) placed five northern districts - Malappuram, Kozhikode, Wayanad, Kannur, and Kasaragod - under a 'red alert' for the day, predicting extremely heavy rainfall there.
Various parts of Surat were flooded after incessant rainfall in the region. Over 100 mm of rain has blocked roads and led to waterlogging in several low-lying areas.
Parliamentary Affairs Minister Kiren Rijiju feels that the National Sports Governance Bill, which is set to be tabled in the monsoon session beginning on Monday, will usher in a 'new era' for sports in India.
Former Jharkhand chief minister Shibu Soren is on ventilator support in critical condition. Jharkhand Education Minister Ramdas Soren was airlifted to Delhi after suffering a brain stroke.
"This year, the Southwest Monsoon is likely to set over Kerala on May 31 with a model error of four days," the India meteorological department said on Wednesday.
Rahul Gandhi accuses PM Modi of prioritizing his image over national security after the Pahalgam attack, challenging him to refute Trump's claims of brokering a ceasefire between India and Pakistan.
'For 40 years, India valued only technical skills. IITs, coding -- that became everything.' 'Soft skills were sidelined. But those are the skills that will keep you employable now, not technical skills.'
India's last three major commercial aviation accidents --Patna (2000), Mangaluru (2010), and Kozhikode (2020) -- could offer critical safety lessons for the ongoing investigation.
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.
The incumbent BCCI president Roger Binny turned 70 on Saturday but there is no immediate clarity on whether he would be continuing till the AGM in September or demit office with immediate effect with vice-president Rajeev Shukla taking charge as the interim head.
Domestic passenger vehicle wholesales were down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492 units in the same month last year, Society of Indian Automobile Manufacturers said on Monday.
'Mr Modi has the power and pre-eminence in the BJP-RSS to choose how long he wants to serve, and he is definitely going to want to contest in 2029.' 'He will only be 79, as old as Donald Trump now, and fitter,' observes Shekhar Gupta.
The Congress party has launched a scathing attack on Prime Minister Narendra Modi, accusing him of being unable to deny US President Donald Trump's claims of mediating a ceasefire between India and Pakistan due to a 'weak wicket' and potential cover-ups. Congress leaders assert that Modi's silence implies a tacit acceptance of Trump's assertions, potentially driven by pressure for a favorable trade deal.
'When the time comes, we will take a decision following a discussion with the alliance partners.'
India has received 20 per cent less rainfall since the start of the monsoon period on June 1, with the rain-bearing system making no significant progress between June 12 and 18, according to the India Meteorological Department (IMD).
Houses in low lying areas of Kerala were flooded in the heavy rains, while the accompanying strong winds uprooted trees, damaged homes and caused power disruptions, throwing normal way of life into disarray across the state.
The early onset of the southwest monsoon brought continuous rainfall across southern and eastern India, contributing to this record.
Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.
'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
Corn cooked up with colocasia leaves or arbi ka patta is a Maharashtrian special.
External Affairs Minister S Jaishankar addresses Parliament on Operation Sindoor, denying any US trade linkage and highlighting Pakistan's request for a ceasefire through the DGMO channel.
The Maharashtra legislative assembly passed the 'Maharashtra Special Public Security Bill' aimed at preventing unlawful activities of Left Wing Extremist organizations, focusing on urban Naxalism and passive militancy.
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