Author: Indmedia
Private economists raise FY27 GDP growth projections to 7-7.3% after strong Q1 data, marking fourth straight year above 7%. NEW DELHI: Within hours of govt estimating strong growth during April-June quarter, private sector economists started raising projections for the full year, reflecting the sustained strong growth momentum in the economy.According to estimates from various economists, the Indian economy is expected to expand by 7- 7.3% during 2026-27 financial year, marking it the fourth successive year when growth will breach the 7% mark. This is higher than RBI’s 6.7% projection in its latest monetary policy review, although it had subsequently indicated…
“The flood in the Bhote Koshi River in Rasuwa was not an ordinary flood,” Prime Minister Balendra Shah said in a social media post late on Monday.“It was one of the region’s major disasters, triggered by an avalanche of snow and ice in the Himalayan region,” he said.“This incident indicates that the risks we face in the Himalayan region are increasing alongside climate change,” Mr. Shah added.“Therefore, this region must remain vigilant.”Mr. Shah said Nepal should press its case internationally.“It is now time for us to strongly raise with the international community the issue of the disasters we are experiencing…
Crude prices continue to jump as Middle East tensions intensify Oil prices inched higher on Tuesday after renewed tensions between the US and Iran brought the risk of supply disruptions in the Middle East back to the forefront.Brent crude rose 55 cents, or 0.61%, to $91.04 while WTI crude was up 79 cents, or 0.92%, at $86.55 a barrel, around 7:30 am IST.The latest rise came after a sharp jump in the previous session. Brent ended Monday 2.7% higher, having earlier touched its strongest level since August 25. WTI settled 2.8% higher after reaching its highest since August 21.The renewed…
Mumbai: The Brihanmumbai Municipal Corporation (BMC) will carry out a revamp of Raosaheb Patwardhan Park in Bandra (West) at a cost of Rs 4.23 crore. A proposal regarding the same will be presented before the Standing Committee for approval on Wednesday. Public representatives have earlier complained about the condition of the park.The work includes construction of the main entrance, removal of the existing dilapidated RCC bridge, repair of the protective wall at necessary places, maintenance of the yoga shed, repair of the toilet and stairs, installation of children’s play equipment and information boards, benches, and landscaping works.The plan also proposes…
The accused conductor Sandeep, later abandoned the girl near Kashmere Gate, thinking it was far enough from the crime spot for them to escape being linked to the crime. NEW DELHI: A 17-year-old girl who had left home after a fight with her parents was allegedly gang-raped in a moving sleeper bus she boarded in Greater Noida’s Pari Chowk on Aug 4. The accused – the driver and conductor – were nabbed within three hours of the crime. They were resting in the bus in Timarpur.Police said the assault took place between Pari Chowk and Noida Sector 63 – around…
The sharp remarks came Monday while hearing a petition filed by Nanjamma and her two daughters Bengaluru: Karnataka high court has once again pulled up Whitefield police for interfering in a civil dispute, with Justice Suraj Govindaraj warning the station against repeating such conduct. The judge observed that the police station has acquired a “nefarious reputation” in matters coming before the court.The sharp remarks came Monday while hearing a petition filed by Nanjamma and her two daughters, who questioned the alleged demolition of a compound wall by Whitefield police at the instance of one Poornima, despite civil court proceedings pending…
Following the retaliatory violence, police deployed additional personnel at both the minister’s camp office and the BJP district office to prevent any further escalation. HYDERABAD: Political tensions escalated in Nalgonda after a group of Congress workers allegedly attacked the residence of BJP district president Nagam Varsith Reddy and vandalised property, triggering a clash between workers of the two parties.According to news agency ANI, the attack on the BJP leader’s residence came after BJP workers allegedly targeted the Congress party office of Telangana minister Komatireddy Venkat Reddy on Monday.Following the retaliatory violence, police deployed additional personnel at both the minister’s camp…
Chennai: For the second time in a month, the state govt hiked the procurement price of milk. Chief minister C Joseph Vijay on Monday announced an increase of ₹3 a litre in Tamil Nadu’s milk procurement price, from ₹41 to 44, benefiting more than 3.16 lakh producers supplying primary dairy cooperative societies.Announcing the decision under Rule 110 in the assembly, Vijay said rising cattle feed and other input costs had prompted the revision. Govt will fully compensate Aavin for the additional expenditure of about ₹720 crore annually.The hike comes less than a fortnight after govt announced an increase of milk…
FILE PHOTO:container terminal at Mundra Port Ahmedabad: Around 5,000 containers a day are being held up at Mundra port amid a strike by empty-container yard operators, disrupting import and export movement, according to estimates by Mundra Customs Brokers’ Association (MCBA).The Mundra Empty Container Yards & Allied Services Provider Association (MECYASA) suspended operations from Friday last week, opposing a move by Adani Ports and SEZ (APSEZ) to freeze empty-yard codes located outside the port limits from Sep 1. The move would require shipping lines to nominate empty containers to designated yards within the Mundra SEZ.The disruption has affected the return of…
Bhubaneswar: Water levels in several rivers across north Odisha, including Brahmani, Baitarani, Budhabalanga and Subarnarekha, continued to rise on Monday following two days of intense rainfall under influence of a low-pressure system, prompting authorities to watch the situation closely.Despite the rising trend, officials said there was no immediate threat of flooding as all major rivers were flowing below warning levels. Baitarani at Akhuapada was flowing about half-a-metre below the danger mark, though some low-lying catchment areas experienced inundation.Water resources department engineer-in-chief Dilip Kumar Rout said the river levels were expected to remain below danger or warning marks. “The rising trend…