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New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indicator because ...Read More >
New Delhi, Jun 8 (PTI) India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indic ...Read More >
Pune: Hospitals in Pune have started reporting an increase in dengue cases among children following recent heavy rainfall and intermittent showers. Conditions are now ripe for mosquito breeding, experts said, as they warned citizens to ensure there's no waterlogging or stagnant pools near homes and offices. "Dengue is typically seen first in children as they often play outside," said Dr Sagar Lad, a senior neonatologist and pediatric intensivist at Jehangir Hospital and Sahyadri Hospital, Shastr ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict b ...Read More >
New Delhi [India], June 7 (ANI): Atishi, senior AAP leader and Leader of Opposition (LoP) in the Delhi Assembly, has written a letter to Education Minister Ashish Sood demanding immediate action to start admissions in three fully constructed Delhi Government schools located in Sector 27 Rohini, Sunder Nagri, and Kirari. Despite being completed between November 2024 and January 2025, the buildings remain locked and non-functional as the new academic session has already begun. Also Read | Kodaik ...Read More >
New Delhi [India], June 7 (ANI): Atishi, senior AAP leader and Leader of Opposition (LoP) in the Delhi Assembly, has written a letter to Education Minister Ashish Sood demanding immediate action to start admissions in three fully constructed Delhi Government schools located in Sector 27 Rohini, Sunder Nagri, and Kirari. Despite being completed between November 2024 and January 2025, the buildings remain locked and non-functional as the new academic session has already begun. Sharing a couple o ...Read More >
Guwahati: Madhya Pradesh Chief Minister Mohan Yadav on Saturday announced that he has requested Union Home Minister Amit Shah to order a Central Bureau of Investigation (CBI) probe into the disappearance of an Indore-based woman in Meghalaya. Chief Minister Mohan Yadav, in a public statement, stated that he has already discussed the grave matter with Meghalaya Chief Minister Conrad Sangma. Ready for a challenge? Click here to take our quiz and show off your knowledge! He added that police off ...Read More >
New Delhi [India], June 7 (ANI): Leader of Opposition in Delhi Assembly, Atishi, on Saturday urged Delhi Education Minister Ashish Sood to open three fully-ready Delhi Government School buildings located in Sector 27 Rohini, Sunder Nagri and Kirari, which have not yet been opened for admissions in the current academic session citing issues like power and water connections. In a post on X, Atishi said, 'Arvind Kejriwal ji built wonderful schools in three densely populated areas of Delhi - Sundar ...Read More >
New Delhi, Jun 7 (PTI) Leader of Opposition in the Delhi Assembly Atishi has raised serious concerns claiming the non-functional status of three newly built government school buildings in the city, alleging that the BJP-led government is deliberately stalling admissions to benefit private schools. There was no immediate response available from the Delhi government or the BJP over the allegations. In a letter to Delhi Education Minister Ashish Sood on Saturday, Atishi said the school buildings ...Read More >
New Delhi, June 7 (SocialNews.XYZ) The Reserve Bank of India (RBI) has chosen to frontload its rate cuts, turning to support growth amid benign inflation prospects, according to a Crisil report, which expects one more repo rate cut this fiscal (FY26), and a pause after that. The global ratings agency also expects India's GDP at 6.5 per cent this fiscal, with risks on the downside due to US tariff hikes. Crisol listed some factors which are expected to help domestic growth hold up against globa ...Read More >
New Delhi: The Reserve Bank of India (RBI) has chosen to frontload its rate cuts, turning to support growth amid benign inflation prospects, according to a Crisil report, which expects one more repo rate cut this fiscal (FY26), and a pause after that. The global ratings agency also expects India's GDP at 6.5 per cent this fiscal, with risks on the downside due to US tariff hikes. Crisol listed some factors which are expected to help domestic growth hold up against global tariff risks. "Positi ...Read More >
Warangal/Karimnagar: Muted salary growth, rising aspirations, higher costs, and financial mismanagement have become a deadly cocktail for the middle class people, especially salaried class, which is getting them sucked into a vortex of indebtedness. According to RBI, nearly a third of credit card users across India have either defaulted or made delayed payments in 2024. The surge in indebtedness is primarily driven by people's indiscriminate use of credit cards, which banks had issued easily to ...Read More >
Jammu, June 6: Prime Minister Narendra Modi has condemned Pakistan, stating it is the enemy of brotherhood, 'Insaniyat (humanity)' and Kashmiriyat, and that by executing the Pahalgam attack, it aimed to incite communal riots in India. PM Modi was in Jammu on Friday, where he inaugurated a slew of projects, including two state-of-the-art bridges and the Vande Bharat train. He addressed a gathering in the Katra town, which he started by offering obeisance to Mata Vaishno Devi in the Dogri language ...Read More >
Katra, June 06: Stating that Kashmir to Kanyakumari is no longer a dream, Prime Minister Narendra Modi on Friday termed completion of Kashmir rail project as "festival of India's unity, strength, and integration." After dedicating the Udhampur-Srinagar-Baramulla Railway Link Project (USBRL) addressed a massive public rally in Katra, marking his first visit to Jammu and Kashmir after the successful "Operation Sindoor" - a counter-terrorism operation launched in the wake of the April 22 Pahalgam ...Read More >
SHILLONG, June 4: The United Democratic Party (UDP) has announced its decision to participate in the all-party committee on railways, with working president Titosstarwell Chyne and MLA Lahkmen Rymbui nominated to represent it. Chyne stated that the party will consult with its MLAs and leaders before presenting its stance in the committee. However, he clarified that the UDP's position remains firm: the party opposes the introduction of railway projects in the region unless the government establi ...Read More >
Raipur/Hyderabad: Barely a fortnight after gunning down CPI(Maoist) general secretary Nambala Keshava Rao alias Basavaraju, security forces shot dead his long-time aide, central committee member Sudhakar alias Tentu Lakshmi Narasimha Chalam -- the banned outfit's ideological chief -- in a forest in Bastar's Bijapur district Thursday morning.Born into a middle class family in Andhra Pradesh's Eluru district, Sudhakar, 67, carried a collective bounty of Rs 85 lakh in Chhattisgarh, Telangana and AP ...Read More >
Chennai, May 22 (UNI) Tamil Nadu Finance Minister Thangam Thennarasu on Thursday said the nine rigid guidelines imposed by RBI on gold loans was deeply insensitive and urged it to withdraw the new restrictions as it would grvely affect the poor nd middle class who depend on such loans during emergencies. These measures amounted to systematic injustice against the vulnerable and said the RBI should adopt compassionate people-centric policies, he said. In a post on X, he said "I urge the RBI ...Read More >
New Delhi: The Delhi Development Authority (DDA) has launched a new housing scheme in the national capital, under which at least 7,500 flats would be up for sale at various locations under various categories. The booking for the scheme 'Apna Ghar Awaas Yojana 2025' will start from May 25, and the flats will be allotted on a first-come, first-served basis. According to the DDA, a detailed notice has been issued under this scheme, in which all the information related to the categories, location, ...Read More >
NEW DELHI: The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday. Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 percent. Luxury and demerit goods are taxed at the highest bracket of 28 percent, while packed food and essential items are in the lowest 5 percent slab. The Council, chaired by Sitharaman and comprising her state counter ...Read More >
New Delhi: The GST Council will soon decide on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman said on Tuesday. Currently, Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at the highest bracket of 28 per cent, while packed food and essential items are in the lowest 5 per cent slab. The Council, chaired by Sitharaman and comprising her state counterparts, ...Read More >
New Delhi: Increasing foreign investment limit in the insurance sector to 100 per cent from 74 per cent is likely to attract more global players in the growing Indian insurance market, Moody's Ratings said on Tuesday. Additionally, strong premium growth is expected to boost profitability of the sector. Currently, many foreign insurers are present in the country through joint ventures and could seek to increase their ownership stakes in their Indian affiliates following this change in regulatio ...Read More >
Mumbai: The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts. The Reserve Bank of Indi ...Read More >
New Delhi, Jan 22 (PTI) BJP's South Delhi MP Ramvir Singh Bidhuri on Wednesday attacked the Aam Aadmi Party over its special manifesto, asking party boss Arvind Kejriwal what he had done for the middle class under his government. He also targeted the city government over several civic issues. "Before presenting the demands of the middle class to the Centre, Kejriwal should explain what he has done for the middle class in Delhi over the past ten years," Bidhuri said. The Aam Aadmi Party on Wed ...Read More >
New Delhi, Jan 22 (PTI) Prime Minister Narendra Modi on Wednesday urged Delhi BJP members to target winning over 50 per cent of votes in every booth in the upcoming assembly polls, and excoriated the AAP for its "unfulfilled" promises, "fake" announcements and "corruption". People are openly expressing anger with the AAP government during the party's campaign, he said, claiming that it is making new announcements every day as it is aware that it is losing ground across the national capital. In ...Read More >
New Delhi, Jan 21 (PTI) Congress leader Rahul Gandhi on Tuesday hit out at the Modi government over its economic policies and asserted that real development is when everyone progresses, there is a fair environment for business, a fair tax system and the income of workers increases. In a post in Hindi on X, Gandhi said, "The truth of Modi Ji's developed India: Your hard work, whose profit? The wheel of the country's economy is turning with your sweat and blood, but are you getting your fair shar ...Read More >
Bhubaneswar, Dec 18 (PTI) Ahead of BJD's 28th foundation day on December 26, its chief Naveen Patnaik on Wednesday urged members to remain dedicated to serving the people of Odisha, while the party announced a mass demonstration in Bhubaneswar on January 6 to highlight the price rise of essential commodities and other issues. Patnaik asked party supporters to "raise voice against the BJP government's 'anti-people' policies" and also highlight the impact of high inflation, which hits the poor an ...Read More >
According to the commerce ministry data, imports rose by 27 per cent year-on-year to a record USD 69.95 billion in November due to high inbound shipments of vegetable oil, fertiliser, and silver. Slamming the Modi government, Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation. ...Read More >
The Indian economy is set for resilient growth in 2025 on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure, S&P Global Ratings has said in its 'India Outlook for 2025' note. For the current financial year, the global ratings agency has retained its growth projection at 6.8%, and for FY26, it has projected growth to rise to 6.9%. S&P Global's FY25 growth forecast is 20 basis points (bps) higher than the Reserve Bank of India's (RBI) pro ...Read More >
NewsVoir Pune (Maharashtra) [India], December 6: Bajaj Finserv AMC has launched its latest offering, the Bajaj Finserv Healthcare Fund, which is available for subscription from 6th to 20th December 2024. This new fund is designed to capture the immense opportunities emerging in India's healthcare space, allowing investors to tap into the evolving megatrends while building wealth over the long term. The health and wealth connection As India's population grows and ages, the demand for healthcar ...Read More >
New Delhi: Bengaluru, Delhi, Mumbai, Hyderabad, and Pune are among the top 15 fastest-growing global urban centers by 2033, according to the Savills Growth Hubs Index. Bengaluru tops the Growth Hubs Index as a global leader, recognized for its thriving tech ecosystem and projected high GDP growth per capita while Delhi, on track to become the world's most populous city by 2050, is a magnet for migration and economic activity. The Index focuses on how cities in Asia, particularly India, are poi ...Read More >
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