ADB too had projected Indian's economic growth for current fiscal at 7.6 per cent
According to the proposed legislation, 'the central government may, by notification, empower any officer to intercept, open or detain any item in the interest of the security of the state, friendly relations with foreign states, public order, emergency or public safety, or upon the occurrence of any contravention of any of the provisions of any law for the time being in force'.
This could have huge implications for agriculture, food prices, supply and overall economic growth of the country
Many parts of the country have received good rainfall and others, including the capital where the monsoon has not moved in so far, woke up to pre-monsoon showers on Wednesday.
This is the first cyclone in the Bay of Bengal this pre-monsoon season.
The action took place on the high seas at the peak of the Monsoon season in the first half of July when Pakistan Navy Ship Alamgir moved from its side to Indian waters across the maritime boundary line between the two countries, Government sources told ANI.
A deep depression over the Bay of Bengal intensified into a cyclonic storm, named Remal, on Saturday evening and is likely to turn severe before making landfall between the coasts of West Bengal and Bangladesh on Sunday midnight, the India Meteorological Department (IMD) said.
A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.
After missing its deadline, the monsoon is likely to hit the national capital and parts of north India by the end of the week, a private forecasting agency said on Monday.
The Supreme Court on Thursday directed the Himachal Pradesh government to release 137 cusecs of surplus water available with it for Delhi, which is grappling with water crisis.
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.
Climate change has hampered the ability of the forecasting agencies to accurately predict severe events and weather bureaus across the world are focusing on augmenting the observational network density and the weather prediction modelling to improve predictability, India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra has said.
Timely onset of south-west monsoon is crucial for kharif (summer) crops.
'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.
The IMD DG said there should not be an impression that climate change leads to rise in the temperature, but on the contrary, it leads to erratic weather.
'The Budget will be positive, continuing on the path of growth taken so far.'
Map showing how much rainfall various districts of India received.
The IMD has fancy weather-monitoring radars in the name of providing better forecasts.
The government has readied a big legislative agenda for the Monsoon Session of Parliament beginning Monday even as the Opposition is raring to corner the ruling dispensation over a host of issues, including handling of the second wave of COVID-19, rise in fuel prices and farmers' stir.
"In the UK, every judge delivers a judgments in maximum of three to four cases in a day. But in Indian courts, every judge on an average presides over 40 to 50 cases every day. Now I realise that they sit extra time...people expect quality judgment. Judges are also human beings," Rijiju said.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
A below-normal monsoon is likely to drag down the food output with India's agricultural GDP growth likely to slump to 0.8 pc in the current fiscal, says a report by the Japanese brokerage firm Nomura.
A parliamentary committee scrutinising three bills to replace existing criminal laws did not adopt its draft report as scheduled on Friday, taking into account the submission of some opposition members that they needed more time to study it.
But the IMD said the heat wave will continue till then in parts of the country.
Monsoon rains are expected on time this year, hitting Kerala on June 1.
The three new laws -- the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act -- will replace the colonial era Indian Penal Code, the Code of Criminal Procedure and the Indian Evidence Act of 1872.
The agency filed the charge sheet against six people and a report against one child in conflict with the law before a special CBI court in Guwahati, nearly three months Manipur Police made arrests in the case.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
For the second successive year, Monsoon is likely to be below normal with parts of north-west and central India to be the most affected.
The Indian Meteorological Department announced that conditions are favourable for further advancement of monsoon to some parts of southwest Bay of Bengal
With conditions not favouring its progress, southwest monsoon is expected to hit the Kerala coast by June 4, three days after its normal onset date, the MET department has said.
Analysts remain bullish on the road ahead for the equity markets, but warn against volatility on account of domestic and global cues. The upcoming Lok Sabha elections back home and the interest rate trajectory of the US Federal Reserve, they said, will be the two most important factors that the markets will keep a tab on. That apart, the valuation of the Indian markets, they feel, will also be eyed in context of how global peers are performing.
Both Houses of Parliament were adjourned sine die on Wednesday, bringing the Monsoon Session of Parliament to an end eight days ahead of schedule.
Congress general secretary Jairam Ramesh said the opposition parties are only reflecting the sentiments of the people of Manipur and of the country.
The colour of joy -- bright, bouncy and jolly yellow.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
Since the onset of the monsoon on June 24, 217 persons have died in rain-related incidents in Himachal Pradesh.
'We are not saying we are going to face a drought... We are a doing and performing government. A contingency plan is being prepared,' Science Minister Dr Harsh Vardhan tells Rediff.com
An official said that a South African delegation will visit India in February for an assessment of the preparations at the Gandhi Sagar Wildlife Sanctuary.
Let's pack for a day out at the beach with the Oru Adaar Love actress.
