The Indian economy is likely to post better than anticipated growth in the second quarter (July-September) owing to robust urban consumption and expansion in services, a Business Standard analysis of high-frequency indicators showed. While gross domestic product growth in the September quarter is expected to come below the 7.8 per cent print in the June quarter due to a favourable base fading, analysts say the print will be much closer to 7 per cent than the 6.5 per cent anticipated earlier. While the Reserve Bank of India (RBI) had estimated 6.5 per cent growth for July-September, last month Governor Shaktikanta Das said the growth figure would surprise on the upside.
Thousands of people had gathered at the rathotsava that saw Lord Chennakeshava, one of the incarnations of Lord Vishnu, being carried out in a chariot after Basha read out the verses from the Islamic scripture.
The maiden voyage has 32 tourists from Switzerland signing up for the entire length of the journey.
613 candidates are in the fray on 54 seats, including those falling in Prime Minister Narendra Modi's parliamentary segment Varanasi.
'The party is breaking stereotypes by not inviting senior leaders to become chief ministers.' 'No other party has had the guts to do this.'
Modi was on his first visit to Ayodhya after he laid the foundation stone of a Ram temple at the once disputed Ram Janmabhoomi site on August 5, 2020.
Defending the abrogation of Article 370 of the Constitution, the Centre on Monday told the Supreme Court that the entire region of Jammu and Kashmir has witnessed an "unprecedented" era of peace, progress and prosperity, with street violence, orchestrated by terrorists and secessionist networks, becoming "a thing of the past."
No fresh Nipah positive cases were reported in the state since September 16 with 218 samples of persons who were in the high-risk contact list turning up negative for the virus till date, the Kerala government said on Monday.
On being asked if the ongoing spat between the two countries is going to have an impact on the India-Maldives ties, as well the revenue that Indian tourists have generated for the island nation over the years, the Maldivian leader, who was also the former Minister of Economic Development of Maldives, asserted that it is much more than economics or revenue.
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
With the Bharatiya Janata Party governments in both states, Uttarakhand and Uttar Pradesh on Thursday reached an agreement on the division of their assets and liabilities, pending since their partition 21 years ago.
'The cracks I saw yesterday were the largest I have seen in my life. We are scared.'
The domestic hospitality industry is looking to 'fly' in 2023 cashing in on India's G20 presidency, having received the 'oxygen' to run in 2022 after being crippled in the past two years by the pandemic. Domestic travel, especially the leisure segment, gave wind to the industry this year and is expected to continue into the next. Industry players believe that as international arrivals are also likely to pick up even further, the outlook for 2023 is buoyant.
India and Saudi Arabia on Monday decided to expedite implementation of the $50 billion West Coast refinery project, and identified energy, defence, semiconductor and space as areas for intensified cooperation during talks between Prime Minister Narendra Modi and Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud.
The earnestness of the actors keep Kaala Paani from drowning, observes Deepa Gahlot.
Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.
'By calling names and using unparliamentary language, they are trying to divert people's attention from the issues of electricity, water, and income.'
Deepa Gahlot lists some 2023 movies that you need to watch if you haven't already.
In reflection of their growing congruence in areas of defence and security, the two sides, following the Modi-Mitsotakis talks, agreed to set up an institutional dialogue at the level of national security advisors, and boost defence industrial cooperation.
Outward remittances under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS) surged by 50.64 per cent to $9.1 billion in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), driven by healthy growth across segments due to a revision in the timeline of tax collected at source under the LRS scheme and normalisation in international travel. Major drivers include equity and debt investments, deposits, and the international travel segment, among others. According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in the same quarter last year.
'Consumers are willing to increase travel spends by 20-30 per cent versus pre-pandemic.'
The first summit in South Asia, it will host the largest delegation of 43 heads of State and government as well as the heads of international organisations.
Bagga said that Kejriwal is on political tourism to the poll-bound states of Gujarat and Himachal Pradesh while the "people of Delhi are dying".
After years of being sequestered by the pandemic, some intrepid travellers are planning to settle their score with the novel coronavirus. With fewer or no travel curbs, they are eager to get back on the road, again. Hotels and tour operators, too, are eager to shed excess Covid baggage. And this year's Diwali promises to add that extra layer sparkle with the introduction of new flights.
Mamallapuram's Group of Monuments -- a collection of 7th- and 8th-century religious structures -- attracted 46 per cent of the total foreign tourists who visited India compared to 12 per cent by the Taj.
Akbar said the next general election "will be won on the basis of governance and not on journeys".
The BJP launched an all-out and aggressive personalised campaign led by Prime Minister Narendra Modi himself, but voters went by local rather than national issues.
Nationalist Congress Party leader Ajit Pawar was given the finance and planning portfolio on Friday, nearly two weeks after he broke away from the original party and took oath as Maharashtra's deputy chief minister.
Enchanting glimpses from the Shikara Festival on Dal Lake in Srinagar.
Over 14,000 policemen were deployed across the city for the security of Adityanath.
The NCMC facilitates convenient travel while integrating last-mile connectivity, a must in India's extensive landscape. It enables travellers to pay for a cross-section of needs, including toll tax, retail shopping, and withdrawing money.
The ministers who failed to find places in the second term of the BJP government in the state included Dinesh Sharma, Satish Mahana, Ashutosh Tandon, Shrikant Sharma, Siddharth Nath Singh, and others.
With clean blue waters and golden-white sands, these super beaches have a magic that is hard to keep away from.
Brahma, Vishnu, Shiva, Ram, Laxmi, stories from the Hindu epics are seen in carvings, paintings and murals, as well as recognisable figures from mythology, like Garuda, Sheshnag, Nandi and Apsaras, notes Deepa Gahlot, savouring the beauty of Cambodia.
The Supreme Court on Monday mooted constituting an expert committee for conducting a "complete and comprehensive" study on the carrying capacity of the Himalayan region in the country, where unplanned development has caused devastation in recent times, terming it a "very important issue".
Over 56 per cent turnout was recorded on Monday in 54 assembly seats, including in Varanasi, in the seventh and last phase of Uttar Pradesh polls, marking the end of the voting process spread over two months in the crucial state.
A station house officer was arrested for allegedly sexually assaulting a 13-year-old girl who was left outside his police station in Uttar Pradesh's Lalitpur by four men after they raped her for three days, officials said on Wednesday.
'The Mumbai-Goa highway touches 66 tourism spots in Maharashtra's Konkan. It will give development a high boost. It will also ensure quick transportation of fruits and other produce the region is famous for.'
The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.
