India Economy Registers 4.1% Growth in Q4 FY23: Resilient Recovery
India’s economy displayed remarkable resilience as it achieved a growth rate of 4.1% in the fourth quarter (Q4) of the financial year 2022-23 (FY23). This encouraging data was released by the National Statistical Office (NSO) on May 26, 2023.
Kerala likely to welcome Monsoon on June 1 : Predicts IMD
The India Meteorological Department (IMD) has forecasted that the eagerly awaited southwest monsoon is likely to make its arrival in Kerala on June 1. This year, the monsoon is expected to follow a normal pattern, bringing much-needed relief to the country.
IPL : Mumbai Indians Beat Lucknow Super Giants by 81 Runs to Reach the Finale
IPL : In a thrilling encounter at the MA Chidambaram Stadium in Chennai, the Mumbai Indians showcased their dominance, securing a resounding victory over the...
Repo Rate hikes by 0.40% – RBI Takes Decisive Action
In a bold move, the Reserve Bank of India (RBI) raised the repo rate by 40 basis points to 4.40 percent on Wednesday, marking the third consecutive increase in as many months. The repo rate serves as the benchmark for short-term funds lent by the RBI to banks.
Electric Vehicle Revolution : How India Can Embrace the Eco-Friendly Future
Electric vehicles (EVs) are becoming more popular around the world, but is India ready to replace petrol cars with EVs without enough charging stations? This is a complex question that requires considering various factors, such as the availability of charging stations, the range of EVs, and the cost of EVs.
Mundka Fire turns deadly ; Claims 27 Lives, CM Kejriwal Announces Compensation : Delhi
A devastating fire erupted in a four-storey building located in Mundka, Delhi, on Friday evening. The fire has tragically resulted in the loss of at least 27 lives, including 12 women and 8 children. Arvind Kejriwal, the Chief Minister of Delhi, has taken swift action by announcing a compensation of Rs 10 lakh to the families of the deceased.
Aaditya Thackeray’s Resignation SHOCKS Shiv-Sena led Government
In a significant development, Aaditya Thackeray, the son of Maharashtra Chief Minister Uddhav Thackeray, has tendered his resignation as a minister in the state government. This move follows the collapse of the Shiv Sena-NCP-Congress coalition government in Maharashtra, triggered by the resignation of Eknath Shinde and other Shiv Sena MLAs.
Kerala Floods Worsen: Death Toll Rises to 26
The death toll in the Kerala floods has tragically climbed to 26, as the state grapples with the devastating impact of heavy rains. Over 10,000 individuals have been evacuated from their homes in an effort to ensure their safety. In response to this dire situation, Chief Minister Pinarayi Vijayan has announced a compensation of Rs 4 lakh for the families of the deceased.
BJP Re-elected in Himachal Pradesh, Uttarakhand on 44 seats: Secures Landslide Victory in Assembly Elections
The Bharatiya Janata Party (BJP) has achieved a remarkable triumph in the recently concluded assembly elections in Himachal Pradesh and Uttarakhand. This significant victory not only establishes their dominance in these states but also provides a substantial boost to Prime Minister Narendra Modi and his party as they set their sights on the crucial 2024 general elections. Meanwhile, the Indian National Congress (Congress) faces a major setback, having lost three consecutive assembly elections in these states.
World Bank Forecasts 7.5% Growth Rate for Indian Economy in Current Fiscal Year
The World Bank has released its latest forecast, projecting a growth rate of 7.5% for the Indian economy in the current financial year (2022-23). While this forecast is slightly lower than the April 2022 estimate of 8.7%, it still exceeds the average growth rate of 7.2% observed over the past five years.