The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
A police investigation into the Cockroach Janta Party (CJP) protest at Jantar Mantar revealed that over 980 of the 2,873 scrutinised individuals had previous criminal records. These included serious charges such as murder, attempt to murder, robbery, rape, kidnapping, and violations of the Arms Act and NDPS Act. The verification exercise was initiated following clashes during the 'Chalo Sansad' protest on July 20, which left many protestors and police personnel injured.
Jharkhand police arrested two individuals and recovered 20 stolen motorcycles in West Singhbhum district following raids conducted in East and West Singhbhum districts.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
India's exports experienced their steepest fall in five months, declining by 7.44 per cent in March to $38.92 billion, primarily due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by over 50 per cent.
The Maharashtra government has launched an emergency WhatsApp helpline for state residents stranded in the Middle East due to airspace closures amid the US-Israel-Iran conflict. Chief Minister Devendra Fadnavis is monitoring the situation and coordinating with central agencies.
Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
The West Indies and Zimbabwe cricket teams have delayed their return from India after being eliminated from the Twenty20 World Cup due to international airspace closures amid the ongoing conflict in the Middle East.
The West Indies and Zimbabwe cricket teams have delayed their return from India after being eliminated from the Twenty20 World Cup due to international airspace closures amid the ongoing conflict in the Middle East.
Delhi Police has registered an FIR against unidentified individuals following violence, stone-pelting, and vandalism of police vehicles during a protest near Regal Cinema in Connaught Place. The incident occurred a day after clashes during the "Sansad Chalo" march injured over 118 police personnel. Security has been heightened across the national capital, and efforts are underway to identify those involved using CCTV footage.
Mumbai experienced over 100 mm of rainfall in 24 hours, leading to significant waterlogging in areas like the Andheri subway and causing traffic diversions. Suburban train services faced delays, and a snapped overhead wire disrupted Harbour line operations. Various parts of the city, including eastern and western suburbs and the island city, recorded heavy downpours.
The boundary mess between India and Nepal needs a solution in a manner as mentioned by Nepal's Foreign Minister Shishir Khanal: 'On evidence not emotions', counsels Lieutenant General Shakti Gurung (retd).
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
Based on figures currently listed on the ministry of external affairs web site, a large number of Indians reside across West Asia.
Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.
The monthly average rainfall over India is expected to be below normal during July, the India Meteorological Department said on Tuesday in its monthly forecast.
Pakistan's Foreign Minister Ishaq Dar has called for dialogue to address the ongoing conflict in West Asia, emphasising the importance of diplomatic engagement and sustained efforts to promote peace and stability in the region.
This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.
The United States on Saturday (local time) launched a third round of strikes against Iran after alleging that Iran's Islamic Revolutionary Guard Corps (IRGC) attacked the Cyprus-flagged container vessel M/V GFS Galaxy in the Strait of Hormuz.
Sri Lanka has established emergency hotlines and is closely monitoring the situation in West Asia following escalating tensions, urging restraint and de-escalation from all parties involved.
Russian President Vladimir Putin has offered his support to help bring peace to West Asia, praising the Iranian people for their resilience. This comes as Iran seeks to resolve the conflict with the US, following discussions with Pakistani and Omani leadership.
Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.
National Disaster Response Force (NDRF) and Fire and Rescue teams on Saturday intensified search operations along the Meenachipuzha river to trace the lone missing person, Vikram Rana, as rescue efforts entered the fifth day following the Wayanad landslide.
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
Amid escalating tensions in West Asia, the Indian government has established a control room to provide crucial support and assistance to the nearly one crore Indian citizens residing in the region.
The Islamic Revolutionary Guard Corps (IRGC) on Sunday issued a stark warning that American and Israeli universities in West Asia could be treated as 'legitimate targets' in retaliation for alleged United States and Israeli strikes on Iranian academic institutions and cultural infrastructure.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.
India's wholesale price inflation (WPI) increased to 9.87 per cent in June, up from 9.68 per cent in May, primarily due to significant price increases in non-food and food products, with food inflation alone rising to 5.49 per cent.
Heavy rainfall in Mumbai on Sunday led to significant disruptions, including a one-hour suspension of flight operations at Chhatrapati Shivaji Maharaj International Airport, widespread waterlogging, and multiple treefall incidents. One person died in Kurla due to a tree collapse, marking the second such fatality in a week. The India Meteorological Department had issued a 'red' alert, with several areas recording over 200 mm of rain.
The West Indies and South Africa cricket teams are scheduled to leave India after being stranded due to travel restrictions caused by the Middle East conflict following their T20 World Cup campaigns.
'After that the burdens of an ageing population will be upon us, and the share of working age population will shrink.'
Pakistan's Prime Minister Shehbaz Sharif has engaged in extensive diplomatic efforts to de-escalate the conflict in West Asia, offering to host talks between the US and Iran and engaging with leaders from Saudi Arabia, Qatar, Malaysia, the UK, China, and the European Union.
Sonia Gandhi criticised PM Modi's Israel visit, calling it a "bewildering strategic decision" amid the regional conflict.
Pakistan is hosting a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the conflict in West Asia and explore avenues for peace. The summit includes discussions on regional developments and meetings with Prime Minister Shehbaz Sharif.
Over 93,000 individuals in Delhi have participated in the self-enumeration exercise for Census 2027, with North East, South West, and North West Delhi districts leading in registrations. The initiative, part of a broader census effort, allows residents to submit household details online, contributing to the overall data collection process.
Fans heading to watch Portugal play Croatia in the World Cup round of 32 in Toronto on Thursday are being warned to keep hydrated and limit their alcohol intake after a heat warning issued by Environment Canada.
