Author: Team Admin

MUMBAI: Leading global financial firm Goldman Sachs has revised its forecast for India’s GDP growth by 10 basis points to 6.7 per cent as it expects the government’s heavy investments in big-ticket infrastructure projects to continue with the huge dividend coming in from the RBI. “Going forward, we expect investment growth momentum to sustain with extra fiscal space for infrastructure spending given a higher than expected dividend transfer by the RBI. As a result, we recently revised our growth forecasts for 2024 slightly higher by 10 bps to 6.7 per cent,” Andrew Tilton, head of emerging markets economic research at…

MUMBAI: The BCCI’s deadline for applications for the position of Indian men’s cricket team head coach expired on Monday. The Indian Cricket Board and their rumored top candidate, Gautam Gambhir, remained silent on the matter. Gautam Gambhir’s name has gained significant momentum after he led Kolkata Knight Riders to their third IPL championship on Sunday. Though neither Gambhir nor the BCCI have made any official comments, the cricket board wants to hire one of the Indian players. According to BCCI secretary Jay Shah, the Board is seeking a candidate who has worked their way up through the organization and is…

MUMBAI: Rohit Sharma-led India have arrived in the United States to take part in the 2024 T20 World Cup, which begins on June 2. Ahead of the marquee event, former England captain Eoin Morgan has backed the Men in Blue to end their decade-long ICC trophy drought by winning the T20 World Cup next month. Morgan in a recent interaction on Sky Sports called India the ‘strongest team’ in T20 World Cup. He said, “The strongest side even with injuries throughout the tournament is India without a doubt. Their strength and depth are absolutely incredible at the moment… We are…

NEW DELHI: The India Meteorological Department (IMD) on Monday stuck to its first forecast and reiterated that this year’s Southwest monsoon would see “above normal” rainfall, but warned that it will be a hot and humid June in northwest India (including Delhi), with the humidity making it worse than the ongoing heatwave in the region. But overall, monsoon rainfall is expected to be “above normal” at 106% of long period average with a model error of +/-4%, the weather office said in its second Long Range Forecast of the Southwest monsoon. It said the same in its first LRF on…

NEW DELHI: A bomb threat was reported on a Delhi-Varanasi IndiGo flight, which was scheduled to take off at 5.35 am on Monday. A total of 176 passengers on the flight were safely evacuated onto the tarmac through emergency exits, while a quick response team reached the site and began a search, said the Delhi Fire Service. Airport officials said the flight (6E2211) received a specific bomb threat at the Delhi airport following which, as per protocol, the aircraft was taken to an isolation bay. The flight is being inspected by a bomb disposal squad, they said. After all security…

NEW DELHI: A vacation bench of the Supreme Court on Tuesday rejected the urgent hearing for an extension of the bail plea of Delhi Chief Minister Arvind Kejriwal in the LiquorGate scandal case. After hearing the plea seeking a seven-day extension of interim bail on medical grounds, the bench stressed that the case had already been deliberated upon, with the verdict currently reserved. It said the CJI would determine the final course of action for the case’s listing. A vacation bench comprising Justices JK Maheshwari and KV Viswanathan took note of the submissions of senior advocate Abhishek Singhvi, appearing for…

New Delhi: With just days to go before the election process for the Lok Sabha ends, Prime Minister Narendra Modi has expressed confidence that the BJP will emerge as the biggest gainer in West Bengal. He said the Lok Sabha election in the state “is one-sided” and Trinamool Congress leaders are “frustrated”. In an exclusive interview with ANI, PM Modi spoke about his party’s performance in West Bengal in the 2024 Lok Sabha elections and said the party will get maximum success in the state. “In Bengal elections, TMC party is fighting for existence. You must have seen it in…