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The Asian Development Bank (ADB) on Tuesday lowered its growth forecast for the current financial year by 20 basis points (bps) to 6.5 per cent, citing steep tariff hikes by the US that are expected to come into effect in the second half of FY26, thus affecting exports and manufacturing growth. "India faces the steepest tariff hikes among developing Asian economies, prompting a downgrade in its growth outlook. For FY2025 [ending on 31 March of the next year], growth is now projected at 6.5 per ...Read More >
New Delhi, Sep 30 (SocialNews.XYZ) The Asian Development Bank (ADB) on Tuesday projected India's growth at 6.5 per cent for 2025 (FY26) and 2026 (FY27), as it trimmed its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, respectively, amid the emergence of a new global trade environment shaped by tariffs and updated trade agreements. India's GDP grew 7.6 per cent in H1 2025, as higher investment from strong public capital spending, offse ...Read More >
Thiruvananthapuram, Sep 28 (PTI) Senior Congress leader Ramesh Chennithala on Sunday said the Nair Service Society (NSS) is a "secular organisation that has always upheld secular values", and its stance on the Sabarimala issue "should not be misinterpreted as a political alignment with the Left." According to Chennithala, the recent statement by NSS General Secretary Sukumaran Nair, that they trust the state government, represents NSS's stand on the Sabarimala issue. "We accept that. They have ...Read More >
Hyderabad, Sep 28 (PTI) Telangana Chief Minister A Revanth Reddy on Sunday said his government aims to attract the world's Fortune 500 companies to Bharat Future City over the next decade. Speaking after performing the Bhumi Puja for the construction of the Future City Development Authority (FCDA) building here, he said the proposed city will be a destination for investments and a world of opportunities. "Currently there are 85 Fortune 500 companies in Hyderabad. The government aims to attract ...Read More >
Thiruvananthapuram, Sep 28 (PTI) Kerala Pradesh Congress Committee (KPCC) Chief Sunny Joseph on Sunday said the stampede tragedy in the political rally organised by TVK chief Vijay in Karur is a lesson to both people and politicians. As many as 40 people including women and children had been killed in the fatal rally organised by the actor-turned-politician in Karur in neighbouring Tamil Nadu on Saturday night. When reporters asked about the shocking incident, Joseph said it was an incident wh ...Read More >
Bengaluru: The cabinet approved the Karnataka State Skill Development Policy-2025-32 aiming to position the state as a premier hub for skilled talent and drive its vision of becoming a $1 trillion economy within seven years. The policy, estimated to cost of Rs 4,432 crore, will draw Rs 1,386 crore from external aid, including the Asian Development Bank, and Rs 410 crore through public-private partnerships. Law and parliamentary affairs HK Patil, who briefed reporters on discussions at the cabine ...Read More >
The company that won the contract to operate the tourism facility argued that equating an investor's 'passive' shareholding with collusion was misleading. Balkrishna, the co-founder and managing director of Patanjali Ayurved, was a shareholder in all three companies that bid to operate a tourism project in Uttarakhand, The Indian Express reported on Friday. One of the firms was awarded the tender. The firm that won the contract denied allegations of wrongdoing, arguing that equating an investo ...Read More >
Dehradun, Sep 14 (PTI) The Congress on Sunday accused the Uttarakhand government of giving 142 acres of 'heritage' land of George Everest Estate in Mussoorie, worth more than Rs 30,000 crore, to a company linked to yoga guru Ramdev's aide Acharya Balkrishna on an annual rent of just Rs one crore. The party demanded a CBI probe into the matter under the supervision of the high court. Uttarakhand Pradesh Congress Committee president Karan Mahara called it the "biggest scam in the state so far". ...Read More >
Chennai, Sep 14 (PTI) Tamilaga Vettri Kazhagam chief Vijay on Sunday claimed that the huge turnout and people's love for him witnessed at the start of his maiden state-wide political tour in Tiruchirappalli in central Tamil Nadu will rattle his political rivals. Referring to Chief Minister MK Stalin's veiled attack on him, he asked if it was not the tradition of Tamils to welcome the new. Recalling criticism of several parties against him by stating that, "Vijay will not venture out and he wil ...Read More >
Bengaluru, Sep 14 (PTI) A simple ride home turned into a 90-minute adventure for Palak Malhotra, a Bengaluru-based marketer, after she accidentally dropped her AirPods in an autorickshaw. Malhotra realised the AirPods were missing only after reaching home a few days ago. She first called her gym and checked with the auto driver through Rapido's platform, but he said he couldn't find anything. Using Apple's 'Find My' feature, she saw the AirPods were moving across HSR Layout. "I booked another ...Read More >
Hyderabad, Sep 13 (PTI) The Cyberabad Police solved the case of the gruesome murder of a woman here two days ago and arrested three persons, including two domestic helpers in Ranchi, officials said on Saturday. It is found to be a case of murder for gain, police said. The 50-year-old Renuka Agarwal, a homemaker, was tied up, hit with a pressure cooker and stabbed to death, allegedly by the two domestic helpers at her flat in a high-rise apartment complex in Kukatpally here on September 10. A ...Read More >
Dehradun, Sep 13 (PTI) The Leader of Opposition in Uttarakhand Assembly, Yashpal Arya, has accused the state government of giving 142 acres of land in Mussoorie worth "Rs 30,000 crore" to a firm belonging to yoga guru Ramdev's aide Balkrishna on a nominal annual rent of Rs 1 crore, and demanded a probe into the matter by the CBI or a panel headed by a retired judge. In a social media post on Friday, Arya also claimed that the land in George Everest Estate, which has been given to Balkrishna's c ...Read More >
Dehradun: Yashpal Arya, the leader of the Opposition in the Uttarakhand Assembly, said the state government has allotted 762 bighas of the heritage site George Everest Estate in Mussoorie to a company called Aero Sports and Adventure Private Limited, backed by yoga guru Baba Ramdev and his associate Acharya Balkrishna, for a token Rs one crore annually and demanded a CBI enquiry into the matter. He alleged that the company has occupied about 1,000 bighas of land, the estimated value of which is ...Read More >
Hyderabad, Aug 28 (PTI) Goshamahal MLA T Raja Singh objected to installation of a Ganesh idol that was allegedly resembling Telangana Chief Minister A Revanth Reddy, even as it was removed and replaced with Lord Ganesha's idol. On the occasion of Ganesh Chaturthi, which began on Wednesday, the idol was installed by Congress leader Mettu Sai Kumar, Chairman of the Fisheries Federation of Telangana, at a pandal in the city under the limits of Habeebnagar Police Station. Raja Singh, in a letter a ...Read More >
Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chie ...Read More >
Bengaluru, Aug 28 (PTI) Karnataka BJP on Thursday demanded that the SIT probe into allegations of multiple murders, rapes and burials in Dharmasthala over a period of the past two decades should be "time-bound". The party's state President B Y Vijayendra, rejecting allegations that the BJP was trying to politicise the case, questioned the Congress government's inaction against the conspirators and those behind the smear campaign against Dharmasthala. Responding to a question while speaking to ...Read More >
Kochi, Aug 18 (PTI) Kerala Local Self Government Department (LSGD) minister M B Rajesh on Monday visited M A Abdullah Moulavi, a 104-year-old man who achieved digital literacy through a government programme, and said he is the "hero of the real Kerala story". He said Moulavi, a native of Asamannoor panchayat in Ernakulam district, has proved that age is not a barrier for learning. "Maulavi is Kerala's pride. He is the hero of the real Kerala story," he told reporters here. Stating that Kerala ...Read More >
Hyderabad, Aug 18 (PTI) Five people were electrocuted and four others injured when a chariot came in contact with overhead electric wires during the procession organised as part of Sri Krishna Janmashtami celebrations, police said on Monday. The incident occurred around midnight on Sunday in Ramanthapur when the chariot with Lord Krishna's idol was being taken out in a procession, they said. The vehicle, pulling the decorated chariot, ran out of fuel, following which nine people were pushing i ...Read More >
Chennai, Aug 12 (PTI) Private sector Karur Vysya Bank has strengthened its footprint with the inauguration of three new branches in Maharashtra, Andhra Pradesh and Tamil Nadu. The Karur-based bank has opened a new branch in KK Nagar, Udayanpatti, Tiruchirappalli in Tamil Nadu, Thane in Maharashtra, and Kurnool in Andhra Pradesh, the bank's Managing Director and CEO Ramesh Babu said. The new branches, which were inaugurated on Monday, would offer a comprehensive range of banking services includ ...Read More >
Despite US President Trump's "dead economy" remark, international agencies like the IMF project India as the fastest-growing major economy. Experts highlight India's dynamic economy, youthful population, and technological prowess, attracting foreign investment and talent. The IMF commends India's prudent policies and forecasts strong growth for 2025 and 2026, supported by other global institutions. With leading international agencies, including IMF, continuing to project India as the fastest-gr ...Read More >
Bengaluru, Aug 3 (PTI) Ahead of Congress party's planned protest on August 5 over alleged manipulation of electoral rolls in Bengaluru's Mahadevapura constituency, former minister H Nagesh has written to the Chief Electoral Officer, Karnataka seeking copy of a complaint he claims was submitted in April 2023, accusing forged entries in voters' list. However, the CEO's office has denied receiving any such complaint. In a letter dated July 31, Nagesh stated, "We had earlier during April 2023 subm ...Read More >
Chennai, Aug 3 (PTI) Electric vehicle manufacturer VinFast Auto India, a subsidiary of Vietnam-based VinFast, inaugurated its largest retail outlet in Chennai -- its second showroom in India -- a company official said on Sunday. Located in Teynampet in the city, the 4,700 sq ft facility marks the automaker's first showroom in Tamil Nadu, following its debut outlet in Surat, Gujarat. VinFast plans to establish 35 showrooms across 27 cities in India by the end of the year. The Chennai dealershi ...Read More >
Hubballi (Karnataka), Aug 3 (PTI) Union Minister Pralhad Joshi on Sunday said the BJP was never silent on former JD(S) MP Prajwal Revanna, who got life imprisonment in a rape case. The leader said the BJP has always maintained that whoever commits a crime should be punished. "There is a law in the country and whoever has done mistake or has committed crime, the court has examined and court has given the verdict. It has to be accepted by everybody," Joshi told reporters. When he was told that ...Read More >
Moradabad (UP), Aug 1 (PTI) The Moradabad district administration has cancelled the allotment of a government bungalow granted to former Uttar Pradesh chief minister Mulayam Singh Yadav. The Samajwadi Party (SP) has been asked to vacate the premises within 30 days. The bungalow, located in the posh Civil Lines area near the Police Training College (PTC II), was allotted to the SP patriarch 31 years ago. Spread across nearly 1,000 square meters on Nazul land, the property serves as the local S ...Read More >
Thiruvananthapuram, Aug 1 (PTI) Kerala Chief Minister Pinarayi Vijayan on Friday sharply criticised the decision to award national film honours to "The Kerala Story", directed by Sudipto Sen, accusing the jury of betraying the proud tradition of Indian cinema. Leader of the Opposition in the State Assembly, V D Satheesan, also criticised the decision to award national honours to The Kerala Story, alleging that the BJP government is using the National Film Awards as part of its hate campaign. F ...Read More >
Dharmasthala (Karnataka), Aug 1 (PTI) No skeletal remains were found on Friday at two sites in Dharmasthala identified by an anonymous complainant-witness as mass burial sites, police said. A day after skeletal remains were recovered from the sixth of 15 locations marked by the complainant, excavation was carried out under tight security at the seventh and eighth spots, located near the Nethravathi riverbank. However, the forensic and police teams reportedly found no human remains or signs of ...Read More >
Hyderabad, Aug 1 (PTI)) Telangana Chief Minister A Revanth Reddy on Friday directed senior officials to study the judicial commission's report on alleged irregularities in Kaleshwaram project during the previous BRS regime and submit its summary to the state cabinet on August 4. State Chief Secretary K Ramakrishna Rao and other officials presented the commission's report to the Chief Minister in the presence of Deputy CM Mallu Bhatti Vikramarka and other ministers. Reddy instructed that a pane ...Read More >
Bengaluru, Jul 18 (PTI) Nearly 50 schools in Bengaluru on Friday morning received bomb threat, which turned out to be a hoax, police said. A single, identical email with the subject 'Bombs inside the school' was sent to nearly 50 email ids of various schools at 7.24 am from the user, roadkill333@atomicmail.io, they said. The sender claimed to have placed several explosive devices within the classrooms of the respective schools, police said. "Hello. I am writing to let you know that I have pla ...Read More >
Jhargram, Jul 18 (PTI) Three elephants, including two calves, were run over by an express train near Banstala railway station in West Bengal's Paschim Midnapore district, police said on Friday. The incident, which took place on Thursday night, occurred when an elephant herd that probably came from Jharkhand's Dalma forest was traversing, they said. The three pachyderms were mowed on the tracks by a speeding Janshatabdi Express on the Kharagpur-Tatanagar section, a police officer said. It was ...Read More >
Bengaluru, Jul 18 (PTI) At least four private schools in Bengaluru on Friday morning received bomb threat emails, which turned out to be a hoax, police said. An email titled "Bombs inside the school" was received by these schools at 7.24 am. The sender claimed to have placed several explosive devices within the classrooms of the respective schools. "Hello. I am writing to let you know that I have placed several explosive devices (Trinitrotoluene) within school classrooms. The explosives are sk ...Read More >
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