The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
There has been intense speculation on whether Tharoor, who led the delegation to the United States among other countries, will be picked as a speaker by the Congress given that his enthusiastic endorsement of the government's action following the terror attack has soured his ties with tge party.
The government stated that Operation Sindoor was launched in response to a 'barbaric' attack by 'Pakistan-sponsored terrorists,' focusing on dismantling terror infrastructure and neutralizing terrorists likely to be sent across to India.
Corn cooked up with colocasia leaves or arbi ka patta is a Maharashtrian special.
The appliance makers expect a good churn in the festive season, led by the government's proposal to reduce the GST slab on air-conditioners from the current 28 per cent to 18 per cent, which will reduce the price from Rs 1,500 to Rs 2,500 depending on the models.
The southwest monsoon has started on a weak note and this has delayed the sowing of kharif crops. Though a cause for concern, the situation hasn't reached a stage where it warrants any panic response. Moreover, according to meteorologists and industry players, monsoon rains will witness a revival in the coming few weeks.
Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted.
From the Sensex firms, Mahindra & Mahindra, HCL Tech, Tata Motors, Nestle, ITC, Hindustan Unilever, Larsen & Toubro, and Tech Mahindra were the biggest gainers. In contrast, Eternal, UltraTech Cement, Power Grid, Tata Steel and Kotak Mahindra Bank were among the laggards. Eternal dropped 4.51 per cent.
S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.
The opposition has been demanding a debate on Operation Sindoor -- the strike on terror sites in Pakistan by the Indian armed forces in response to the terrorist attack in Pahalgam on April 22.
On the other hand, Bharat Electronics, Kotak Mahindra Bank and Axis Bank were the laggards. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled higher.
Experts question whether a cloudburst caused the recent flash flood in Uttarkashi, India, citing insufficient rainfall and other potential factors like ice chunks, rockfalls, or landslides.
Stepping up the heat on Justice Yashwant Varma, parliamentarians on Monday submitted notices to the presiding officers of the Lok Sabha and the Rajya Sabha for the removal of the Allahabad high court judge from whose residence in New Delhi burnt wads of currency notes were found.
India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.
India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
The country can expect normal rainfall during the southwest monsoon season as a positive Indian Ocean Dipole (IOD) and a lower snow cover over the northern hemisphere are likely to counter the evolving El Nino conditions, the India meteorological department (IMD) said on Tuesday.
The Congress party has voiced its opposition to the Special Intensive Revision (SIR) of electoral rolls in Bihar, calling it a 'Tughlaqi process'. The party stated that all options are open for the INDIA bloc to collectively decide on the issue.
INDIA bloc parties are set to raise issues such as the Pahalgam attack, US President Trump's claims of brokering a ceasefire, and concerns over electoral roll revisions in Bihar during the Parliament's Monsoon session.
Prime Minister Narendra Modi defended India's actions against terrorism, stating no country stopped India and criticizing the Congress party for not supporting the armed forces. He highlighted the success of Operation Sindoor and warned Pakistan against further misadventures.
The BCCI has also taken the monsoon season into consideration before deciding on the venues.
The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.
With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.
The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.
One of Debashish Bhattacharya's most remarkable contributions is that he has taken the scope and foundation of the slide guitar, improvised it again and again, thereby designing and creating four entirely new guitars.
What was the aim of Operation Sindoor? Why was the operation halted so soon? asks Lieutenant General Prakash Katoch (retd).
Intense rains lashed Kerala on Sunday, uprooting trees across the state, including one that fell on a moving train in Thrissur and another that caused a fatality in Kozhikode. Houses were damaged, rivers were in spate, and shutters of some dams were raised as the southwest monsoon gained strength. The Indian Meteorological Department (IMD) placed five northern districts - Malappuram, Kozhikode, Wayanad, Kannur, and Kasaragod - under a 'red alert' for the day, predicting extremely heavy rainfall there.
Rijiju also hit out at Congress leader Rahul Gandhi, saying that his own party MPs "get uncomfortable" when he speaks in Parliament and are apprehensive that he will do "anap-shanap baatein" and the party will have to bear the consequences.
Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.
The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors' sentiment during the week.
'I want to ask the entire nation and the opposition. Can a Chief Minister, Prime Minister, or any leader run the country from jail?'
"In 1948, Indian armed forces were in a decisive position to take back Pakistan-occupied Kashmir but then PM Jawaharlal Nehru declared unilateral ceasefire," Amit Shah said. In 1971, Shah said, 93,000 Pakistani soldiers surrendered and India had 15,000 sq km Pakistan territory under control, but still PoK was not taken back. During the 1962 war with China, then PM Nehru bade goodbye to Assam in a speech on Akashvani, he said.
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
'China could intentionally release excess water.' 'The North East is already flood-prone during the monsoon, and even a controlled release from Chinese dams (during the monsoon) could worsen flooding.'
The disqualification of wrestler Vinesh Phogat in the Olympics after being found overweight before the final bout also saw the government and Opposition come to blows in Parliament.
Various parts of Surat were flooded after incessant rainfall in the region. Over 100 mm of rain has blocked roads and led to waterlogging in several low-lying areas.
External Affairs Minister S Jaishankar discusses India's approach to cross-border terrorism following the Pahalgam attack, emphasizing a firm response and no compromise on nuclear blackmail.
Defence Minister Rajnath Singh stated India's readiness to assist Pakistan in combating terrorism if it cannot act on its own, highlighting Operation Sindoor as a demonstration of India's capabilities. He also criticized Pakistan's appointment to a UN counter-terrorism committee.
The Rajya Sabha session was marred by heated exchanges between the opposition and treasury benches regarding the deployment of security personnel in the House. The session was adjourned amidst protests and accusations of undemocratic conduct.
Manufacturers of passenger vehicles (PVs) in the first half of the calendar year (2025) reported a modest 0.5 per cent year-on-year increase in wholesale dispatches, while retail sales grew 2.5 per cent for the same period, reflecting a calibrated approach by automakers amid elevated dealership inventories and cautious consumer sentiment. According to the Society of Indian Automobile Manufacturers (Siam), dispatches rose marginally to 2.16 million units, up from 2.15 million units a year earlier.
