The Maharashtra government has declared 265 out of 358 talukas as drought-affected, covering 74% of the state, due to significant rainfall deficit. This declaration activates 'Trigger-1' of the state's drought management framework, leading to the announcement of various relief measures for farmers and residents, including loan restructuring, revenue concessions, and provisions for water and fodder.
Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.
The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.
Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).
Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.
Six villagers in Fatehpur district were arrested after allegedly tying a telecom technician to a mobile tower. The incident occurred following prolonged 5G network outages, with residents demanding resolution to connectivity issues. Police rescued the technician and subsequently arrested six individuals who were later released on bail.
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
Cash remains dominant for many transactions despite continued expansion in digital payments across the country.
Union Minister Ramdas Athawale stated that opposing reservation is unconstitutional and that the policy would be given up if casteism is eliminated. He highlighted the historical context of reservations for SC/ST and OBCs, and the Modi government's EWS quota. Athawale also criticised the opposition, praised government achievements, and discussed various welfare schemes and infrastructure projects in Chhattisgarh.
Veteran social activist Anna Hazare has been admitted to Bombay Hospital in Mumbai after blood reports indicated a renal infection. The 89-year-old anti-graft crusader was transferred from his native Ralegan Siddhi village for further assessment.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
Odisha Police's STF and the Wildlife Crime Control Bureau are investigating the rescue of five baby orangutans in Balasore, suspecting an international wildlife trafficking network. The probe focuses on a black SUV seen near the rescue site and potential routes from West Bengal, with officials believing the animals were trafficked from Southeast Asia. Chief Minister Mohan Charan Majhi has called for stringent action against those involved.
The Indian government has announced the replacement of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB-G RAM G Act, 2025, effective July 1. The new scheme aims to expand guaranteed wage employment and link it more closely with infrastructure development and climate resilience, but faces concerns from opposition parties and labour rights activists.
For the second time in two years, Karnataka minister B Nagendra resigned from the state Cabinet on Friday amid the Opposition heat over his alleged involvement in the Rs 89 crore Valmiki Corporation scam.
Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.
Dorothy is an audacious exploration of masculinity and gender identity that becomes increasingly muddled just when its ideas matter most.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
Of the 37,448 candidates registered for the Foreign Medical Graduate Examination (FMGE) in June, 36,288 appeared and 4,635 qualified.
'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'
JLKM leader Devendra Mahto, who ended his 16-day hunger strike after the Jharkhand government cancelled job exams over alleged irregularities, announced a second phase of protests for corruption-free recruitment by JPSC and JSSC, demanding government guarantees against future paper leaks and irregularities.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
India's banking system liquidity has fallen into a deficit for the first time in nearly three months, prompting the Reserve Bank of India (RBI) to inject 1.41 trillion through a seven-day variable rate repo (VRR) auction to ease the temporary tightness.
Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
Eleven days after devastating floods triggered by an ice-rock avalanche, Nepal continues to grapple with a rising death toll of 1,344 and nearly 5,000 missing. Authorities face significant challenges in identifying the deceased, with many bodies severely damaged. DNA samples are being collected from relatives to aid identification, while the government mobilises relief and rehabilitation efforts. A fresh flood incident in Gorkha district also caused damage.
'Improved law and order and transparent governance have helped change UP's investment image.'
Following Jharkhand Chief Minister Hemant Soren's decision to cancel the JSSC-CGL exam and other recruitment tests due to alleged irregularities, approximately 2,000 successful candidates now fear losing their jobs, demanding a CBI probe and a fair opportunity to defend themselves.
A muted revenue performance in the September quarter and weak management commentary weighed on the stock of consumer major Marico which shed 8.5 per cent to Rs 542 from its intraday highs on Tuesday. The company indicated that demand trends were similar to that of the June quarter with instances of increasing food prices and below-normal rainfall distribution in some regions impeding the anticipated recovery in rural demand.
TMC national general secretary Abhishek Banerjee has accused armed BJP men of vandalising the party's Camac Street office in Kolkata, damaging property and stealing items. The BJP has denied the allegations, calling them staged. The incident further intensifies the political confrontation between the two parties in West Bengal, following a recent dispute over a billboard at the same premises.
As MGNREGA comes to a close, both critics and supporters keenly eye VB G RAM G's performance.
Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.
IIT Madras has launched "Phiball," a new three-team basketball game designed to be faster, more accessible, and tactically demanding. Inspired by Omegaball, Phiball is played on a circular court, forcing players to adapt to new strategies and constant defense, making it an intense experience with low setup costs.
IIT Madras has launched "Phiball," a new three-team basketball game designed to be faster, more accessible, and tactically demanding. Inspired by Omegaball, Phiball is played on a circular court, forcing players to adapt to new strategies and constant defense, making it an intense experience with low setup costs.
The Maharashtra Association of Resident Doctors (MARD) has launched an indefinite statewide strike, protesting the government's decision to allow homoeopaths to register under the Maharashtra Medical Council (MMC) and prescribe allopathic medicines after a six-month course.
Sumit Sarkar was never intellectually dismissive of the Hindutva project. He took it with deadly seriousness for he grasped the challenge it posed to the aspirations and ideals of the anti-imperialist movement that generated multiple imaginings of freedom and ways to attain it, recalls Pradeep Kumar Dutta.
