Trading activity of foreign investors and crude oil prices would also remain in the limelight during the week, experts noted. "This week brings a series of important economic data releases from India and the United States, which are likely to influence market sentiment and central bank outlooks.
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.
Rijiju also hit out at Congress leader Rahul Gandhi, saying that his own party MPs "get uncomfortable" when he speaks in Parliament and are apprehensive that he will do "anap-shanap baatein" and the party will have to bear the consequences.
Several deaths were reported across the country due to rain-related incidents like lightning strikes and drowning.
Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.
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.
Glimpses from India and around the world that will make you smile and cry.
Vice President Jagdeep Dhankhar's resignation has triggered the search for his successor. The BJP-led NDA is expected to consider probable candidates soon.
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
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.
Parliament is expected to discuss the Pahalgam terror attack and Operation Sindoor next week, with both Lok Sabha and Rajya Sabha planning debates.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
'There is no retrospective changing of the law, only its simplification.'
Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season.
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 minister Nitesh Rane criticizes Uddhav and Raj Thackeray's joint rally, calling it divisive and anti-Hindu. Senior BJP leader Sudhir Mungantiwar offers a more conciliatory view.
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.
'...than by the calendar.' Indian travellers are no longer restricting their getaways to summer or winter holidays.
India's economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday.
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.
"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.
Heavy monsoon rains battered Karnataka's coastal belt for the third consecutive day on Monday, severely disrupting normal life in Dakshina Kannada district, prompting authorities to issue a red alert and deploy disaster response teams. A red alert indicates extremely heavy rainfall of over 20 cm in 24 hours, and will remain in force for the next five days, according to the India Meteorological Department (IMD). Several parts of Mangaluru city reported waterlogging and traffic snarls, while minor incidents of landslides were reported from hilly regions across the district. The district administration has directed schools and composite colleges to remain shut on 27 and 28 following the IMD issuing a red alert. Instructions were also issued to relocate residents living in vulnerable hillside and riverside areas to safer locations. The authorities have sought prompt action from the National Highways Authority of India (NHAI) following complaints of water intrusion in residential areas due to ongoing highway construction works.
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.
The arrest of two Catholic nuns from Kerala in Chhattisgarh on charges of human trafficking and forced religious conversion has ignited a political controversy, with opposition parties criticizing the arrest and the Chief Minister defending the police action.
The BCCI has also taken the monsoon season into consideration before deciding on the venues.
It is in more than a decade that the IMD has predicted 'above-normal' rains in the country.
The highlight of Tuesday's debate on Operation Sindoor was the speech by Prime Minister Narendra Modi, with the rebuttal by Congress's Wayanad MP Priyanka Gandhi coming a close second.
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.
'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'
'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 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.
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 IMD issued a "Nowcast" warning, forecasting thunderstorms accompanied by lightning and intense spells of rain with gusty winds reaching 50-60 kmph at isolated places in Mumbai in the next three to four hours.
The Supreme Court has agreed to hear petitions challenging the Election Commission's decision to revise electoral rolls in Bihar. The hearing is scheduled for July 10.
'When the time comes, we will take a decision following a discussion with the alliance partners.'
Heavy overnight rains severely affected parts of the city on Monday, leading to water-logged roads, inundated residential areas and traffic pile-up, as the city braces for more spells in the coming days.
Officials aware of the procedure to appoint and remove Supreme Court and high court judges pointed out that while defending his case before lawmakers in any of the House, Justice Varma can announce that he is quitting and his verbal statement will be considered as his resignation.
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.
India is likely to experience below-normal monsoon rainfall this year, with a 20 per cent chance of drought due to the end of La Nina conditions and the potential for El Nino to take hold, private forecasting agency Skymet Weather said on Monday.
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.
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