Overview

Resilient India to see 6.5 pc in fiscal 2026 despite challenges: Crisil

Resilient India to see 6.5 pc in fiscal 2026 despite challenges: Crisil

India's real gross domestic product (GDP) growth would be steady at 6.5 per cent in fiscal 2026, despite uncertainties stemming from geopolitical turns and trade-related issues led by US tariff actions, a Crisil report said on Thursday.

The forecast is based on two assumptions. These include another spell of normal monsoon and commodity prices continuing to remain soft.

Cooling food inflation, the tax benefits announced in the Union Budget 2025-2026, and lower borrowing costs are expected to drive discretionary consumption, the report mentioned.

Growth is now returning to pre-pandemic rates as fiscal impulse normalises and the high-base effect wears off.

Woman's body with 10 nails hammered into feet found in Bihar's Nalanda

Woman's body with 10 nails hammered into feet found in Bihar's Nalanda

The body of a woman with 10 nails hammered into her feet was found in Bihar's Nalanda district on Thursday.

The incident occurred at Bahadurpur village under the jurisdiction of Chandi Police Station in the district on Wednesday evening.

The body was spotted by the local villagers who alerted the police authorities.

Acting on the information, Chandi Police reached the spot, recovered the body and sent it to Biharsharif Sadar Hospital for post-mortem.

Pilot error blamed for mistaken South Korean fighter jet bombing over Pocheon

Pilot error blamed for mistaken South Korean fighter jet bombing over Pocheon

Pilot error is suspected to have caused an accidental fighter jet bombing of a civilian area in a border city Thursday in an unprecedented accident that left at least 15 people injured in South Korea, military officials said.

Two KF-16 fighter jets 'abnormally' dropped four MK-82 air-to-surface bombs each outside a training ground in Pocheon, some 40 kilometers north of Seoul, at 10:04 a.m., while taking part in joint live-fire drills with US troops, according to the officials.

An Air Force official told reporters an initial investigation found that one of the pilots of the single-seat jets wrongly entered the coordinates for the strike target prior to take-off, leading to the accidental bombing.

Due to the apparent mistake, the bombs were dropped over a village about 8 kilometres away from the target at the training ground, leaving two with serious injuries and damaging eight buildings.

Spend Rs 8.7 crore for 99 sq m prime residence in Mumbai, 208 sq m in Delhi: Report

Spend Rs 8.7 crore for 99 sq m prime residence in Mumbai, 208 sq m in Delhi: Report

With $1 million (nearly Rs 8.7 crore) in hand, one can purchase just 99 square metre of prime residential property in Mumbai nowadays, followed by 208 square metre in Delhi and 370 square metre in Bengaluru, a report showed on Thursday.

Monaco continues its reign as the world’s most expensive city where $1 million can get you 19 square metres of space, followed by Hong Kong (22 sq m) and Singapore (32 sq m).

The value of prime international residential index (PIRI 100) has increased by 3.6 per cent in 2024, according to Knight Frank’s flagship The Wealth Report 2025.

Of the 100 luxury residential markets tracked, 80 recorded positive or same annual price growth.

South Korea: 15 injured after KF-16 fighter jets mistakenly drop bombs outside training range

South Korea: 15 injured after KF-16 fighter jets mistakenly drop bombs outside training range

Fifteen people in South Korea were injured on Thursday after two Air Force KF-16 fighter jets mistakenly dropped eight air-to-surface bombs outside a training range during live-fire drills, military officials and fire authorities said, in an unprecedented mistaken bombing on a civilian town.

Authorities said the bombing took place over a village in Pocheon, some 40 kilometres north of Seoul, at around 10 a.m., leaving 15 people, including two soldiers and two foreigners, with minor to serious injuries and damaging a church and seven other buildings.

Fire authorities said two male civilians have been seriously injured and taken to the hospital but noted their injuries to the face and shoulder are not life-threatening. Eight others with minor injuries have also been moved to hospitals for treatment.

Hiring grows 10pc in February, demand surges for freshers, skills-based roles: Report

Hiring grows 10pc in February, demand surges for freshers, skills-based roles: Report

India’s job market continued its upward momentum in February 2025, with hiring growing 10 per cent month-over-month (MoM), according to a report on Thursday.

The report, based on the latest insights from the jobs and talent platform foundit, showed that the trend is particularly evident in fresher hiring, where employers are increasingly prioritising skills, certifications, and industry-specific expertise over formal degrees.

The share of job listings prioritising competencies over qualifications has risen from 4 per cent in 2023 to 14 per cent in 2025, reflecting a shift towards a more skills-driven workforce in line with evolving industry demands.

RBI’s move to inject Rs 1.9 lakh crore liquidity seen as positive for banks

RBI’s move to inject Rs 1.9 lakh crore liquidity seen as positive for banks

The RBI’s move to inject Rs 1.9 lakh crore has come as a big positive for banks, which is reflected in the rise in the stock prices of both private and public sector banks, as well as Non-Banking Financial Companies (NBFCs) on Thursday.

The Nifty PSU Bank index rose 1.46 per cent, or 86.3 points to hit an intraday high of 5,976.75, while the Nifty Bank index increased 0.72 per cent, adding 349.15 points to hit an intraday high of 48,839.10. Similarly, the Nifty Private Bank index recorded a gain of up to 0.67 per cent in morning trade.

As part of the measures to infuse more liquidity in the banking system, the RBI has announced that it will conduct open market operation (OMO) purchases of government securities worth Rs 1 lakh crore in two tranches of Rs 50,000 crore each. The first auction will be held on March 12 and the second by March 18.

Champions Trophy: Miller backs New Zealand to win, admits travel ahead of semi-final wasn’t ideal

Champions Trophy: Miller backs New Zealand to win, admits travel ahead of semi-final wasn’t ideal

South Africa’s veteran batter David Miller said he would back New Zealand to win 2025 Champions Trophy, while admitting that it wasn’t ideal for the Proteas to travel between Lahore and Dubai before their semifinal game happened.

South Africa made a trip to Dubai on Sunday shortly after beating England in Karachi and came back to Pakistan on Monday after their semi-final clash was confirmed to be held in the Gaddafi Stadium against New Zealand, which they lost by 50 runs on Wednesday, despite Miller hitting an unbeaten century off 67 balls.

"It's only an hour-and-40-minute flight, but the fact that we had to do that (was not ideal). It's early morning, it's after a game, and we had to fly. Then we got to Dubai at 4 pm, and at 7.30 in the morning we had to come back.

Six killed in two road accidents in Andhra Pradesh

Six killed in two road accidents in Andhra Pradesh

Six persons were killed and 30 others injured in two separate road accidents in Andhra Pradesh on Thursday.

Four persons were killed and 20 others injured in a collision between a private bus and a truck in Eluru district.

The accident occurred near Chodimella village in the early hours of the day.

Police said a bus belonging to a private travel operator, on its way to Kakinada from Hyderabad, rammed into a cement-laden truck.

Such was the impact of the collision that the bus rolled over several times. Three passengers died on the spot while 20 others were injured. One of the injured later succumbed at the hospital.

Anxiety, depression increased among South Koreans in 2024: Survey

Anxiety, depression increased among South Koreans in 2024: Survey

The number of South Koreans who said they felt anxiety and feelings of depression increased last year, while perceptions of happiness differed by income group, a survey result showed on Thursday.

The respondents who said they felt anxiety recorded 4.1 out of 10 points last year, compared with 3.4 points in 2023, and feelings of depression also ticked up from 2.8 points to 3.5 points in the same period, according to the data by the Korea Institute of Public Administration, news agency reported.

The survey was conducted on 8,251 adults from August to September last year to investigate the level of social integration and public perception. Public perception of happiness recorded an average of 6.8 points, a 0.1-point increase from the previous year.

Back Page 256
 
Download Mobile App
--%>