While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
India's manufacturing sector growth moderated in August as output and sales rose at slowest rates since January, while competitive pressures and inflation concerns hampered business confidence, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 57.5 in August, below July's reading of 58.1 but above its long-run average of 54.0, signalling a substantial improvement in operating conditions.
The plea filed by Nalanda resident Akhilesh Kumar submitted that in terms of the constitutional mandate, only the Union government is empowered to conduct a census.
India's Parliament is set to begin its Budget session on Friday, with opposition parties poised to demand a discussion on the alleged mismanagement of the Maha Kumbh festival in Prayagraj, where 30 pilgrims died in a stampede. The opposition also accused the government of politicising parliamentary committees and pushing its agenda through its majority. The session will start with President Droupadi Murmu addressing both houses of Parliament. Finance Minister Nirmala Sitharaman will present the Union Budget on Saturday for the eighth consecutive time.
Rajiv Kumar, the 25th chief election commissioner of India, has demitted office after a nearly three-year tenure marked by both electoral successes and allegations of bias from opposition parties. Kumar oversaw the 2024 Lok Sabha elections and the Jammu and Kashmir assembly polls, among other major elections. During his tenure, he implemented reforms across various aspects of the Election Commission's functioning, including structural, technological, capacity development, communication, international cooperation, and administration. However, he faced criticism from opposition parties and activists on several issues, including the efficacy of Electronic Voting Machines, alleged fudging of voter data, and being "lenient" on the ruling BJP. While the Commission responded to the allegations, Kumar often defended himself and the poll authority through poetry. In his farewell address, Kumar expressed concerns about the timing of petitions raising doubts over poll processes and the impact of freebie promises on the fiscal health of the state. He also criticized the practice of showing early trends on counting day by news channels, calling it "nonsense". Kumar's tenure was marked by numerous controversies, with opposition parties and activists alleging bias and irregularities. While the Election Commission defended its actions, the allegations cast a shadow over his time in office.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
India's manufacturing sector growth climbed to a five-month high in February amid a sharper uptick in factory production and sales, supported by both domestic and external demand, a monthly survey said on Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from 56.5 in January to 56.9 in February, pointing to the strongest improvement in the health of the sector since September 2023. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'
The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.
At 6.23 am on 29.1.2025, the 50.9 metre tall and weighing 420.7 ton Geosynchronous Satellite Launch Vehicle-F15 (GSLV-F15) is slated to blast off from the second launch pad carrying the 2,250 kg NVS-02 navigation satellite.
A body representing the 'Khadims' of the Ajmer dargah has condemned a plea in a local court that seeks to declare the shrine of Khawaja Gharib Nawaz as a temple, saying right-wing forces were trying to "isolate" Muslims and "disrupt" communal harmony in the country.
The Allahabad high court on May 12 ordered determination of the age of the structure claimed to be 'Shivling' using modern technology.
RBI's projection of retail inflation at 6.8 per cent in the current fiscal is neither too high to deter private consumption, nor so low as to weaken inducement to invest, the Economic Survey said on Tuesday. However, entrenched inflation may prolong the tightening cycle and therefore, borrowing costs may stay 'higher for longer', it said. The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman.
In an appeal filed before the top court against the May 4 order of the high court, the state government said the stay will adversely affect the entire exercise.
Jaishankar described as a "reasonable supposition" to expect some improvement in the relations between India and China following the last round of disengagement but hesitated to say that there could be a reset of the ties.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
The surprise action comes weeks after the broadcaster aired a two-part documentary on the 2002 Gujarat riots and India.
Right-wing organizations, including Bajrang Dal and All India Karni Sena, held a 'shuddhikaran' (purification) ceremony and chanted Hanuman chalisa at a long-abandoned Shiva temple in Aligarh, Uttar Pradesh. The temple, located in a Muslim-majority locality, was "reopened" by members of these groups. The ceremony took place on Wednesday night amid tight security measures. Local residents, including a former Aligarh Mayor, have voiced concerns over the state of the temple and called for its restoration.
The Indian Space Research Organisation successfully launched its 100th mission on Wednesday, with a GSLV rocket carrying navigation satellite NVS-02.
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?
Sambhal, Uttar Pradesh, remains on high alert following violence that erupted on November 24 over a court-ordered survey of the Shahi Jama Masjid. Police have deployed heavy security ahead of Friday prayers and a court hearing on the survey, which is expected to be tense. The violence, which left four people dead and several injured, stemmed from claims that a Harihar temple previously stood at the site of the mosque.
Inflation has reappeared as a global issue in both advanced and emerging economies and India needs to be wary of "imported inflation", especially due to high oil prices, according to the Economic Survey 2021-22 released on Monday. "Inflation has reappeared as a global issue in both advanced and emerging economies. "India's Consumer Price Index inflation stood at 5.6 per cent YoY in December 2021 which is within the targeted tolerance band," the survey report presented in the Parliament by Finance Minister Nirmala Sitharaman noted.
'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'
The Income Tax authorities have left the offices of the BBC in New Delhi and Mumbai after three days of lengthy questioning of some of its staff, the United Kingdom-headquartered public broadcaster said on Thursday.
Curbs under Section 163 (power to issue an order in urgent cases of nuisance or apprehended danger) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), which were set to expire on Sunday, have now been extended till December 31 in Sambhal.
The communal violence in Sambhal that claimed four lives and left over 20 people injured has now sparked a debate over a purported rivalry between the Turk and Pathan communities, with political and administrative figures weighing in on the cause of the unrest.
Following are the highlights of the Economic Survey 2022-23 tabled in Parliament on Tuesday
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
Opposition leaders on Tuesday demanded a debate on the Constitution in both Houses of Parliament, stressing it was needed in the light of the recent developments in the country.
Modi also said the grand old party was being run not by its leaders but by some "behind the curtain" elements who are in nexus with anti-national forces.
The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. The ministry in a statement said the report "fails to account for the comprehensive and positive employment data available from official sources such as Periodic Labour Force Survey (PLFS) and the Reserve Bank of India's KLEMS data."
Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.
Uttar Pradesh Chief Minister Yogi Adityanath accused Opposition parties of trying to divide society, drawing a parallel between the violence against religious minorities in Bangladesh and historical events in Ayodhya and Sambhal. He criticized those who indulge in caste-based politics and said they are responsible for the current situation. Adityanath's comments come amid widespread violence against religious minorities in Bangladesh following the toppling of the Sheikh Hasina government.
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be watched. In its review, released on Monday, the ministry also noted the early signs of artificial intelligence displacing workers, as described in anecdotal reports. The commentary from several large consumer goods companies, including Nestl India, Hindustan Unilever, and ITC, in their recent quarterly earnings, has been around a sluggish urban demand. Rural consumption, however, has mostly seen a revival, the companies pointed out.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
India's manufacturing sector growth climbed to a 16-year high in March on the back of the strongest increase in output and new orders since October 2020, amid reports of buoyant demand conditions, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) surged to a 16-year high of 59.1 in March, from 56.9 in February, reflecting stronger growth of new orders, output and input stocks as well as renewed job creation. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat expressed concern over the resurgence of temple-mosque disputes and asserted that certain individuals, after the construction of Ayodhya's Ram Temple, seem to believe they can become "leaders of Hindus" by raking up such issues. He advocated for an inclusive society and said the world needs to be shown that India can live together in harmony.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances