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New Delhi, Apr 9 (PTI) India still has the largest number of poor people in the world and four out of five Indians earn less than Rs 171 per day, Trinamool Congress Rajya Sabha Leader Derek O'Brien said on Thursday as he shared a "fact-check" on claims made in Prime Minister Narendra Modi's speech at a poll rally. Taking to X, the TMC leader hit back at Modi over his speech in West Bengal's Haldia, issuing a detailed "fact check" of what he termed as seven claims made by the prime minister. "L ...Read More >
Panaji, Apr 9 (PTI) Coastal states have turned their challenges into opportunities and Prime Minister Narendra Modi demonstrated this while serving as the chief minister of Gujarat, Lok Sabha Speaker Om Birla said on Thursday. Delivering the inaugural address at the Commonwealth Parliamentary Association (CPA) India Region Zone VII conference here, Birla also said that legislative institutions will play a crucial role in building a developed India and young legislators have a greater responsibi ...Read More >
New Delhi, Apr 9 (PTI) India has been able to navigate the current global situation due to a matured democracy, diplomacy, diversification and decisive action, Union Minister Jyotiraditya Scindia said on Thursday. Speaking at an AIMA event, Scindia said Indian vessels have been moving through Strait of Hormuz to reach Indian shores. "...the current instability has sent shockwaves through the global system. Shockwaves that have disrupted supply chains, erupted geopolitical tensions. At the sam ...Read More >
New Delhi, Apr 9 (PTI) India has been able to navigate the current global situation due to a matured democracy, diplomacy, diversification and decisive action, Union Minister Jyotiraditya Scindia said on Thursday. Speaking at an AIMA event, Scindia said Indian vessels have been moving through Strait of Hormuz to reach Indian shores. "...the current instability has sent shockwaves through the global system. Shockwaves that have disrupted supply chains, erupted geopolitical tensions. At the sam ...Read More >
New Delhi, April 9: Railways are set to play a key role in driving India's economic growth as the country targets a freight capacity of 3,000 million tonnes by 2030, a report has said. As per the ASSOCHAM-AESCLA report, railways currently account for up to 30 per cent of freight movement, indicating substantial growth potential. It highlighted that the sector is undergoing rapid transformation, driven by initiatives such as Dedicated Freight Corridors and near-complete electrification, which ar ...Read More >
New Delhi: India's scorching summers are getting hotter, and people are feeling the heat in more ways than one. Climate stress, driven by rising temperatures and extreme weather, is quietly changing lives across the country. From bustling cities to quiet villages, the changing weather brings worries about health and daily routines. A new report shines a light on this growing problem, showing how India's health risks are climbing due to climate change. As heatwaves become more common, families fa ...Read More >
Kolkata, Apr 8 (PTI) Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that Indian Rupee is expected to stabilise at the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. Dev said the currency had faced pressure due to global uncertainties, including the recent conflict between the United States ...Read More >
Countering the points raised by Vijayan's letter to him earlier in the day, Revanth Reddy dashed off a reply, raising questions over Kerala's claims on poverty eradication and governance. "You tweeted that by late 2025, Kerala is set to become the first state to completely eradicate extreme poverty. We are in April 2026. In your letter, you speak of 64,006 families still receiving micro-plans. I ask plainly: has extreme poverty been eradicated? Was the November 1, 2025 declaration independently ...Read More >
Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. Moody' ...Read More >
New Delhi: India has withdrawn its offer to host the 33rd session of the UN climate conference (COP33) in 2028. The country has communicated its decision, expressing inability to host the conference "following a review of its commitments for the year 2028".Though India has so far not formally announced its decision, officials in the environment ministry confirmed communication of withdrawal to the concerned body without extending any further explanation.India's proposal to host COP33 was first m ...Read More >
Bhubaneswar: Odisha government has set another milestone, highlighting the state's strong commitment to industrial growth and timely implementation as Chief Minister Mohan Charan Majhi today laid the foundation stone and launched a total of 36 industrial projects at an investment of Rs 40,811 crore at Bhuinpur in Khurda district. Out of these, 25 projects have been launched and the foundation stone of 11 projects has been laid. On this occasion, the Chief Minister said that Odisha is no longer ...Read More >
Kolkata, Apr 8 (PTI) The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that the Indian Rupee is expected to stabilise around the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. He also said that India must sustain 7-8 per cent growth and reforms to achieve developed nation status by 2047, ...Read More >
New Delhi: The Reserve Bank of India's (RBI) decision to hold rates today was widely expected, but beneath that calm surface, experts warn that monetary policy is running out of runway. With Financial Year 27 growth forecast trimmed to 6.9 per cent, and crude prices still volatile, the central bank isn't in a hurry to reverse the rate cycle. Especially when growth risks are lingering. Yet the real challenge experts argue is no longer just about rates. After 125 basis points of easing, further c ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. Also Read | 8th Pay Commission News: Consultation Process Begins, Salary Hike Expected in FY 2026-27. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates u ...Read More >
New Delhi [India], April 8 (ANI): The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in the range of USD 85-90 per barrel, Rajani Sinha, Chief Economist, CareEdge Ratings, has said. In an exclusive conversation with ANI on Wednesday, she also termed the Reserve Bank of India's (RBI) decision to keep rates unchanged as appropriate amid global uncertainty. She stated, "As per our analysis, if crude oil prices ...Read More >
Hyderabad (Telangana) [India], April 8 (ANI): The Bharat Rashtra Samithi (BRS) leader Ravula Sridhar Reddy on Wednesday accused Telangana Chief Minister A Revanth Reddy of "political convenience" and "contradictory" claims during his election campaign in Kerala, alleging that the CM is taking credit for the economic milestones achieved during K Chandrashekar Rao's decade-long rule. Speaking to ANI, the BRS leader pointed out that Revanth Reddy's statements in the Kerala campaign are contradicto ...Read More >
NEW DELHI : Royal Orchid Hotels Limited (NSE: ROHLTD.NS), today announced the signing of a strategic agreement with Hilton ( NYSE : HYT), to sign and open 125 Hampton by Hilton hotels in India. The partnership accelerates Hilton's upper midscale expansion in India, where rising domestic travel and growing demand from the country's expanding middle class are driving strong opportunities in the mid-market segment. The franchised hotels will primarily be developed across western and southern market ...Read More >
Jaipur (Rajasthan) [India], April 8 (ANI): Rajasthan Minister Jogaram Patel on Wednesday said that the inauguration of Pachpadra Refinery in Balotra, Rajasthan, is a matter of great pride for India, highlighting the Middle East crisis. Speaking to ANI, he said that the inauguration of the refinery on April 21 will bring new opportunities to the unemployed individuals, especially in West Rajasthan. "This is a historic occasion for Rajasthan. On 21st April, PM Modi will inaugurate the refinery w ...Read More >
New Delhi, April 8 (UNI) The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, announced on Wednesday that the Monetary Policy Committee (MPC) has unanimously decided to keep the repo rate unchanged at 5.25%. Speaking about GDP numbers, the Governor said, "As per the new GDP series comes into play, the real GDP growth for last year is estimated at 7.6%. In terms of quarterly GDP growth projection, the growth for Q1 is projected at 6.8%, Q2 at 6.7%, Q3 at 7% and Q4 at 7.2%." In terms of in ...Read More >
Consequently, the standing deposit facility (SDF) rate remains at 5 per cent and the marginal standing facility (MSF) rate and the bank rate remain at 5.5 per cent. The committee, which held its 60th meeting from April 6 to 8 under the chairmanship of RBI governor Sanjay Malhotra, also decided to continue with the neutral stance, the monetary policy statement released after the meeting said. Elevated energy and other commodity prices coupled with supply shock due to disruptions in the Strait o ...Read More >
New Delhi, April 8: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but noted that inflatio ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday estimated India's real GDP growth at 7.6 per cent for FY26 under a new GDP series, while flagging emerging risks from geopolitical disruptions. The FY26 growth reflects resilience supported by strong services activity, manufacturing expansion and robust domestic demand. For FY27, the Central Bank has projected growth at 6.9 per cent, indicating a moderation as external risks and cost pressures begin to build, said ...Read More >
(RTTNews) - The Reserve Bank of India decided to hold its benchmark interest rates on Wednesday as macroeconomic outlook remains resilient despite elevated geopolitical tensions. At the meeting, the Monetary Policy Committee, governed by Sanjay Malhotra, unanimously decided to keep the policy repo rate unchanged at 5.25 percent. "It is prudent to wait and watch the changing circumstances and the evolving growth-inflation outlook," the bank said in a statement. The MPC also decided to continue ...Read More >
New Delhi [India], April 8 (ANI): Real GDP growth for the current year is projected at 6.9 per cent, the Governor of Reserve Bank of India, Sanjay Malhotra, said on Wednesday. The Governor projected that the growth trajectory for the year showed a steady pattern across all four quarters. The central bank estimated first-quarter growth at 6.8 per cent, followed by 6.7 per cent in the second quarter. Projections for the third and fourth quarters stood at 7 per cent and 7.2 per cent, respectively. ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but no ...Read More >
New Delhi [India], April 8 (ANI): The Reserve Bank of India is set to announce its first bi-monthly Monetary Policy Statement for the financial year 2026-27 today. Governor Sanjay Malhotra will deliver the decisions of the six-member Monetary Policy Committee at 10 this morning. The committee deliberated on interest rates, inflation outlook, and growth projections since Monday. Speaking to ANI, experts indicated a strong consensus for a status quo on the current repo rate, with most suggesting ...Read More >
Hyderabad: Telangana Chief Minister A Revanth Reddy and his Kerala counterpart Pinarayi Vijayan are engaged in a sharp 'letter-war' over aspects like governance and their respective development claims, which expose the rising tensions between the two non-BJP ruled states. In a detailed four-page response to Revanth Reddy's earlier remarks, Vijayan strongly criticized what he called "factually unsupported" statements and "personally insulting" language. While acknowledging that political differe ...Read More >
Government faces higher subsidy costs due to rising oil prices India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritise capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and ...Read More >
NEW DELHI: India sees no immediate risks to its fiscal deficit target for the financial year that began on April 1, and will continue to prioritize capital spending, two government sources said, as New Delhi assesses the fallout from the Middle East crisis. Officials are considering austerity measures, including spending curbs in ministries with limited capacity to use allocated funds, but are keen to continue spending on roads, railways and airports, which the government sees as critical to su ...Read More >
NEW DELHI: Telangana chief minister A Revanth Reddy fired back at Kerala counterpart Pinarayi Vijayan with a pointed letter. In his "final response" to Vijayan's poor governance allegations, Reddy listed out fresh data highlighting Telangana's progress.He opened his letter with a sharp criticism of the language used by the Kerala CM, calling it "language of poor taste" and a "dash comment". He wrote, "Thank you for your letter. While I chose to conduct myself respectfully and gracefully in my cr ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.