'This festival season, advance airfares for major metros are up 20 to 25 per cent from last year.'
India's economic growth is expected to be lower at 6.3 per cent this fiscal compared to the RBI's projection of 6.5 per cent, a SBI Research Report said on Thursday. The report pegged the first quarter GDP estimate at around 6.8-7 per cent, mainly due to muted private capex.
HAL aims to raise output from the current ceiling of 24 aircraft a year to 30 by the end of 2027
Like the dinosaurs, vultures face extinction. From 40 million 33 years ago, only 35,000 to 45,000 vultures remain in India.
The Parliament House Complex in New Delhi is set to undergo a comprehensive security upgrade, including an electric power fence, a fiber optic-based Perimeter Intrusion Detection System (PIDS), and an integrated CCTV surveillance network.
Labour markets showed positive momentum in August as the unemployment rate fell for the second consecutive month to a four-month low of 5.1 per cent from 5.2 per cent in July. It was on account of the start of the sowing season.
The country's largest carmaker Maruti Suzuki India expects auto sales to bounce back to the glory days of 7 per cent growth by FY 27, helped by the proposed GST rate cut which is expected to bring down car prices by 3.5 to 8.5 per cent.
New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.
After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.
This festive season, silver is being reinvented from gemstone accents and heirloom-inspired decor to luxury gifts, blending tradition with modern design.
The Enforcement Directorate has summoned Shikhar Dhawan on Thursday for questioning in an alleged illegal betting app-linked money laundering case.
These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
The Social and Educational Survey, popularly known as the 'caste census' in Karnataka, commenced on Monday, with enumerators going door-to-door to collect data.
After the disappointment of War 2, there was some respite this weekend as Param Sundari managed to have a decent opening at the box office.
Apple's iPhone Pro Max 17 in cosmic orange has witnessed a considerable surge in demand, and it has gone out of stock within three days after pre-booking went live for pick up of the devices at the company's official stores in the US and India, as per information shared by company staff.
With the rise in elderly population and increasing interest around the segment by developers, the senior living industry is poised to reach a market size of $8 billion by 2030 from the current $1.8 to $2 billion, according to a report by Association of Senior Living in India (ASLI) and JLL.
'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
'Stage five of this catastrophe has begun: Starvation.'
Daily essentials and food products will be cheaper from Monday, as leading FMCG companies have slashed prices, extending GST cut benefits to consumers.
'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'
'Vijay should have stayed there for the night and in the morning he should have met the people.'
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Prime Minister Narendra Modi is scheduled to visit Mizoram, Manipur, Assam, West Bengal, and Bihar to launch infrastructure projects, participate in Bhupen Hazarika's birth centenary, and attend the Combined Commanders' Conference.
A 48-year-old cab driver has been arrested in Delhi for allegedly masturbating in front of a young woman during a ride. The woman reported the incident to the police, leading to the driver's arrest and vehicle seizure.
The latest decision of the Organisation of Petroleum Exporting Countries and its allies, commonly known as Opec+, to boost output is being seen as an attempt to regain market share lost to the US, Brazil, and other oil producers, who have been increasing production recently.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis points, according to various economists. One basis point (bp) is equal to 0.01 per cent.
India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.
Notably, Siachen is the highest battlefield of the world, which sits on the nuclear tri-junction of India, Pakistan and China.
The government's capital expenditure in the April-November period of financial year 2024-25 (FY25) continued to contract with a 12.3 per cent decline year-on-year (Y-o-Y), according to data released by the Controller General of Accounts on Tuesday.
The Supreme Court told actor and BJP MP Kangana Ranaut that she had "added spice" to a retweet during the 2020-21 farmers' protest, leading her to withdraw her plea for quashing a defamation complaint.
Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms entered the 2025-26 fiscal year with healthier balance sheets, higher cash buffer, improved profitability, and greater access to diversified funding sources, said the article 'Private Corporate Investment: Growth in 2024-25 and Outlook for 2025-26' published in the Reserve Bank of India's (RBI's) August bulletin.
"Commonwealth Games in India would leave lasting impact by boosting tourism, and creating jobs, the Government said in a statement.
India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.
Thousands of Maratha community members have turned the area surrounding Azad Maidan in Mumbai into a camp during their agitation for quota, disrupting traffic and daily life.
For the time being, the RBI is done with the cuts. A cut in October, which many are still predicting, is not certain. Of course, if growth nosedives, the script will be different, expects Tamal Bandyopadhyay.
'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'
Mahavatar Narsimha emerges as big a blockbuster as 1975's Jai Santoshi Maa.
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