Credit quality of Indian corporate is expected to be stable in the second half of the current financial year (H2FY26), supported by easing monetary cycle, and declining inflation, coupled with income-tax relief and rationalisation of the goods and service tax (GST) rates, among others.
Heavy rains in Maharashtra have caused floods, road blockages, and widespread damage, resulting in casualties and displacement. The state government is monitoring the situation and coordinating rescue efforts.
Strong demand for cultural and spiritual hubs is expected for destinations like Varanasi, Kolkata during Durga Puja, and Pushkar for the camel fair, besides leisure destinations like Goa, Udaipur, Jaipur and Coorg.
The aircraft, later, flew to Guwahati after an improvement in the weather conditions in Guwahati, said KC Meena, the director of the Maharaja Bir Bikram (MBB) Airport at Agartala.
Incessant rainfall in Uttar Pradesh has caused floods in 13 districts, with major rivers like Ganga and Yamuna exceeding danger levels. Varanasi, Prayagraj, and other cities are severely affected, leading to displacement and disruption of daily life.
A bench of Chief Justice B R Gavai and Justice K Vinod Chandran also issued notices to the Union Ministry of Environment, Forest and Climate Change, the National Highway Authorities of India (NHAI) as well as the governments of Himachal Pradesh, Uttarakhand, Jammu and Kashmir and Punjab.
Heavy overnight rainfall caused widespread flooding in Kolkata, disrupting traffic, public transport, and daily life. Train and Metro services were suspended, and many areas experienced significant waterlogging.
Hydrology experts suggest that India cannot be directly blamed for the devastating monsoon flooding in Pakistan this year, citing greater destruction upstream of the border and lack of evidence for intentional action.
India's power sector CO2 emissions fell in H1 2025 for the first time in nearly 50 years (outside the pandemic), thanks to record renewable growth and lower coal use from cooler, wetter weather.
Registration for the Vaishnodevi pilgrimage has resumed after a brief suspension due to inclement weather. Devotees express their happiness as the yatra progresses smoothly.
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.
IMD weather forecast predicted a moderate to intense spell of rain in these areas for the next three to four hours.
A landslide triggered by continuous rainfall has disrupted traffic on National Highway 75 near Kadaba taluk in Dakshina Kannada district, halting vehicular movement between Bengaluru and Mangaluru. Authorities are working to clear the debris and restore traffic flow.
The IMD said that rainfall over India in August and September would be around 106 percent of the long-period average of 422.8 mm.
Flash floods triggered by a cloudburst in Mandi, Himachal Pradesh, resulted in casualties and widespread damage, prompting rescue operations and relief efforts.
Over 5,000 people have been evacuated from flooded areas in the Jammu region following heavy rains and flash floods. Rescue and relief operations are underway to restore essential services and provide assistance to those affected.
Heavy rainfall across North India leads to fatalities, structural damage, travel disruptions, and school closures. Eastern states brace for more rain.
June rainfall accounts for 15 percent of the total precipitation of 87 cm recorded during the four-month monsoon season in the country.
'The lakes up there were already at the brink due to accumulated rainwater, and then snowmelt occurred.' 'When one lake breached, it triggered a cascading effect -- other lakes breached subsequently.'
Referring to Chief Minister Bhagwant Mann's recent letter to the PM demanding Rs 60,000 crore of the state's funds, Arora said it is Punjab's right and it should be released.
The BCCI press conference scheduled at 1.30pm in Mumbai is 'expected to be delayed owing to weather disruptions'.
Continuous rainfall has caused the Godavari river to swell beyond its banks. Several riverside temples are now submerged under water, raising concerns among local communities.
Data since 2005 show that the five years with the highest rainfall saw average market returns of 8.98 per cent, while the five driest years returned 25.7 per cent on average.
Land sinking in a village in Jammu and Kashmir's Poonch district has damaged about 50 structures, mostly residential houses. A minister has assured relief and rehabilitation.
Heavy rain lashed Delhi, leading to waterlogging and traffic disruptions. The IMD issued an 'orange' alert, warning of more rainfall.
The officials identified the deceased as Ashwani Sharma (24), his brother Dwarka Nath (55), niece Virta Devi (26) and their guest Om Raj (38), a resident of Banshara in Rajgarh. The rescuers are searching for Sharma's sister-in-law, Bidya Devi (55).
Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.
Heavy overnight rain in Gurugram caused widespread waterlogging and traffic gridlock, bringing the city to a standstill. Several residential areas and major roads were inundated, leading to commuter chaos.
Heavy rains in Kolkata have disrupted Durga Puja preparations, causing damage to pandals and delaying inaugurations. Organizers are working to restore decorations and ensure the festivities can proceed.
This time, Ranveer Singh's OTT gesture broke the internet.
Seven people died after a wall collapsed near Mohan Baba Mandir in Jaitpur, Delhi, following heavy rainfall. Rescue operations were conducted by police, fire services, and NDRF teams. An investigation is underway to determine the cause of the collapse.
India Test captain Shubman Gill expressed anguish over the large-scale devastation caused by floods in his home state of Punjab due to incessant rainfall.
The India Meteorological Department (IMD) has predicted above-normal rainfall across India in June, with most parts of the country likely to experience normal to below-normal maximum temperatures. The IMD also anticipates above-normal minimum temperatures across most of the country, except for some parts of central India and the adjoining south peninsula. The southwest monsoon reached Kerala on May 24, marking its earliest arrival over the Indian mainland since 2009. The monsoon is crucial for India's agriculture-dependent economy, providing vital water for crops and supporting drinking water and hydropower generation.
Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9 per cent for current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led demand.
The India Meteorological Department (IMD) has forecast cloudy skies with the possibility of heavy rainfall at a few places in the city and suburbs in the next 24 hours.
Glimpses from India and around the world that will make you smile and cry.
Domestic automobile retail sales declined 4 per cent year-on-year in July amid drop in demand for passenger vehicles and two-wheelers, dealers' body FADA said on Thursday. Overall registrations dropped to 19,64,213 units last month, as compared to 20,52,759 units in July 2024.
The last time the southwest monsoon arrived earlier than in 2025 -- that is, back in 2009 -- the rains lost steam after the early onset and ended the season with almost 23 per cent deficient rainfall, which was the lowest recorded average rainfall in several decades over India.
Cloudbursts and heavy rains overnight left a trail of destruction in Uttarakhand's capital Dehradun and its neighbouring areas on Tuesday, sweeping away at least five people and leaving more than 500 stranded in different locations.
Yamuna floodwater caused massive traffic jams in Delhi, disrupting morning rush-hour traffic and leaving commuters stranded for hours. Key stretches like Kashmere Gate, Ring Road, and Kalindi Kunj were heavily congested.
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