BCCI, NCA left red-faced as Mayank''s back injury resurfaces thrice in one year
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
'Militarily, it risks escalating tensions with Pakistan, potentially triggering conflict due to Pakistan's heavy reliance on the Indus.'
The incident caused burns to Mark Shankar's hands and legs, while smoke inhalation also affected his lungs and he is currently receiving treatment in a hospital there, Janasena Party said in a press release.
More than 58% of individual housing loans disbursed in 2023-2024 were more than 25 lakh in size.
Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.
Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.
'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.'
World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.
Escalating trade tensions amid a tariff war after Donald Trump took over as President of the United States (US) could adversely impact global growth and fuel inflation, an article on the "State of the Economy" in the Reserve Bank of India (RBI) monthly bulletin said.
The Bombay high court has permitted the Adani group to cut 209 mangroves for the construction of a high voltage transmission line proposed to increase electricity supply in Mumbai and suburbs, noting it was a project of public importance.
In Rajasthan's Karauli district, a decade ago, rampant drought and dwindling water sources forced many men into a life of dacoity, leaving their families in fear. However, the women of Karauli, tired of the despair, took matters into their own hands. They persuaded their husbands to give up their lives of crime and together they began reviving old water bodies and constructing new ones with the help of a local NGO. This community-led effort, which included building pokhars (water bodies) and reviving the Serni River, resulted in a remarkable transformation, bringing stability and hope to the region, and turning former dacoits into thriving farmers.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.
After declining to a three-year low in FY24, the private sector investment is expected to fall further in the current financial year, India Ratings said in a research note.. The investments in the private sector are likely to plummet to below 11 per cent of the GDP in FY25, based on the trends from the latest national accounts data and company fillings, it noted.
The USTR report, released just ahead of the US' April 2 deadline for implementing reciprocal tariffs, has also cited high tariffs and price caps, which have not increased in line with inflation, as key obstacles for US businesses.
The pani puri vendor is drawing attention with exclusive deals, including a lifetime unlimited pani puri offer for Rs 99,000 and a Rs 21,000 reward for anyone who can eat 151 pani puris in one sitting.
The wall collapsed on the Rs 300 ticket queue line near the shopping complex on the ghat road from Simhagiri Bus Stand at around 3 am. Heavy overnight rains and strong winds are suspected to have loosened the soil, causing the structure to fall, Anitha told reporters.
Edtech major Byju's is growing slowly but sustainably and is close to achieving profitability at the group level, the company's CEO Byju Raveendran said on Thursday. The company organised a town hall with Raveendran to allay apprehensions about the uncertainty around the company's growth and its future. According to sources, who attended the town hall, Raveendran said that issues with $1.2 billion Term Loan B lenders are being resolved through discussion and hopeful of a positive outcome in the next few weeks without the court's intervention.
One of the 22 Indian crew manning a crippled cargo ship which collided against a bridge in Baltimore has suffered a 'minor injury' while the rest are all safe aboard the vessel, owners of the Singapore-flagged ship said on Wednesday.
'Granting the country's highest civilian honour to Prime Minister Modi was surprising as it indicated the government was going out of its way to have India as a close partner.'
Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. Realtors' body CREDAI, real estate consultant Colliers India, and data analytic firm Liases Foras on Tuesday released their joint report, which showed that Delhi-NCR saw a maximum appreciation of 31 pc annually during the October-December period of 2024.
'My life has been quite difficult. I felt I could see it in words. I thought if everyone else can write, then I can too.'
China has delivered a second advanced submarine to Pakistan, part of a larger deal to bolster the South Asian nation's naval capabilities in the Indian Ocean. The move underscores China's growing influence in the region and its strategic partnership with Pakistan.
Uttar Pradesh Chief Minister Yogi Adityanath defended the Maha Kumbh, claiming it generated Rs 3 lakh crore in business and provided significant economic benefits to the region. He also highlighted the "flawless" law-and-order management during the event, citing no crime reports despite the participation of 66 crore devotees and tourists. Adityanath countered opposition criticism of the event, stating that a family with 130 boats made a profit of Rs 30 crore during the 45-day congregation.
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Organisations that reward constant optimism and penalise negativity create environments where employees feel pressured to hide their struggles, notes Sonica Aron, founder of HR consultancy firm Marching Sheep.
Buoyancy in the real estate sector along with improved construction activities created jobs and facilitated the return of migrant workers to cities, the Economic Survey for 2022-23 tabled in Parliament on Tuesday said. This assumes significance in view of loss of jobs due to lockdown restrictions imposed in various parts of the country from time to time amid different waves of pandemic since March 2020. The survey points towards sustained recovery in the economic activities during 2022-23 fiscal year.
The Jammu Development Authority (JDA) demolished a dozen shops belonging to displaced Kashmiri Pandits in Jammu city, allegedly without issuing notices, sparking protests from various sections demanding action against the officials. The shops were located on JDA land and had been built by displaced Kashmiri Pandits near the Muthi camp three decades ago. The demolition drive sparked outrage from political parties, including the BJP, PDP and Apni Party, and several Kashmir Pandit organisations, who condemned the JDA's action and called for the construction of new shops to help the displaced community sustain their livelihood.
The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.
Fitch Ratings on Monday said India's steady GDP growth outlook, improved banking sector's financial health and expected interest-rate cuts in 2025 will support credit access for corporates in FY26.
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
Foreign Secretary Vikram Misri arrived in Dhaka on Monday on a day-long visit to hold talks with his Bangladeshi counterpart, amid strained bilateral ties since August following the ouster of prime minister Sheikh Hasina.
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.
In recent years, the twin demands of both religion and defence have been added to the development argument to sweep aside environmental and terrain considerations while undertaking infrastructure development in the Himalayan zone, points out former foreign secretary Shyam Saran.
The Prayagraj airport in India is experiencing a surge in air traffic due to the Maha Kumbh, a major religious festival. The airport is handling an average of 40 non-scheduled charters and private jets daily, with figures reaching 70 on weekends. This is in addition to the average 148 scheduled commercial passenger aircraft operating daily. The airport recently received a contingent of about 180 politicians from Rajasthan and has seen corporate bigwigs like the Ambani brothers, Gautam Adani, and Pawan Munjal pass through. The airport has also hosted four international flights since the beginning of the Maha Kumbh, including a flight carrying Laurene Powell Jobs, the wife of Apple co-founder Steve Jobs. The airport is currently undergoing an upgrade and expansion, and officials are looking forward to the government's plans to integrate Prayagraj with the airports at Kashi and Ayodhya to promote tourism in the region.
A seemingly invincible India will be eager to sharpen their game against spin and give a run to second-line players ahead of the semi-final when they take on New Zealand in their last group match of the Champions Trophy in Dubai on Sunday.
If the DMK is able to sustain the momentum until the assembly polls, the AIADMK especially and the PMK and possibly the infant TVK too would find it hard to sign up with the BJP, explains N Sathiya Moorthy.
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