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India's current account deficit expected at 1.1% of GDP in FY25, says ICICI bank
ICICI Bank reports India's Current Account Deficit (CAD) may stay at 1.1% of GDP in FY25, influenced by a record trade deficit and FPI outflows
Published on Dec 30, 2024 09:17 AM IST
ANI |
City records light rain, strong showers likely over next 2 days
According to Dr Sompal Singh, Department of Agricultural Meteorology, Punjab Agricultural University (PAU), the light showers were a result of decreased air pressure.
Updated on Jul 29, 2024 05:02 AM IST
HT Correspondent, Ludhiana
Rajasthan received 51% less rain compared to last year: IMD
IMD chief Radhe Shyam Sharma said there is only 3% deficit in the rainfall in Rajasthan this year compared to the normal average, which should be fulfilled by next one month
Updated on Jul 22, 2024 04:34 PM IST
Himachal saw 49% rain deficit this June
Himachal received only 51 mm rainfall between June 1 and 30, compared to the average of 101.5 mm expected during this period
India's current account deficit dips to $10.5 bn in Oct-Dec: RBI
Net FDI inflow at USD 8.5 billion during April-December 2023 was lower than USD 21.6 billion during April-December 2022, it said.
Updated on Mar 26, 2024 07:30 PM IST
PTI |
Explained: Avalanches, landslides, and shooting stones in the northern states
This past winter, India’s hilly states recorded the lowest-ever snowpack since October 2000. This could decrease the water supply to rivers in the months ahead
Updated on Mar 06, 2024 09:54 PM IST
Tripura government presented ₹27,804 crore with focus on education, infra
Tripura govt presents tax-free budget of Rs. 27,804.67 cr for 2024-25 with deficit of Rs. 410.69 cr, focusing on education, skill development, and infrastructure.
Updated on Mar 01, 2024 06:26 PM IST
Priyanka Deb Barman
‘Budget 2024-25 is an exercise in camouflage and jugglery’
Mumbai's budget 2024-25 shows discrepancies in revenue generation and expenditure, with officials and analysts pointing to inflated figures and hidden deficits.
Updated on Mar 01, 2024 06:52 AM IST
Budget 2024 | 10 announcements for common man in Nirmala Sitharaman's speech
Interim Budget 2024: Nirmala Sitharaman proposed no changes in income tax rates for individuals and corporates, as well as customs duty.
Updated on Feb 01, 2024 08:29 PM IST
Yellen visits Midwest to showcase improving consumer sentiment, take aim at Trump tax cuts
Yellen visits Midwest to showcase improving consumer sentiment, take aim at Trump tax cuts
Updated on Jan 26, 2024 09:24 AM IST
AP |
Centre to lower fiscal deficit despite capex boost in Budget 2024: Survey
Union Budget 2024 expected to strike balance between populism and fiscal prudence, finds the survey.
Published on Jan 20, 2024 02:34 PM IST
Address the disquiet among the states
The 16th Finance Commission needs to look at inequalities across states and provide fiscal solutions
Published on Nov 27, 2023 11:14 AM IST
Watch out for global headwinds
Indian economy relies on domestic drivers for growth amidst the global economic slowdown.
Published on Oct 16, 2023 10:18 PM IST
HT Editorial
Pune district witnesses normal rainfall this season
The southwest monsoon has ended in Maharashtra and Pune district with normal rainfall and deficits ranging from 3% to 6%, according to the India Meteorological Department (IMD). The monsoon season had a delayed and weak start but improved in July and September. The Konkan and Goa subdivisions received excess rainfall, while other subdivisions experienced deficits. The overall rainfall in September was 32% higher than normal, benefiting agriculture and water storage in reservoirs. Light to moderate rainfall is expected to continue in the coming days. The monsoon withdrawal is set to begin on October 4.
Updated on Oct 01, 2023 11:01 PM IST
Gayatri Vajpeyee
Despite flood fury, Punjab’s monsoon deficit stands at 11%
As per the Indian Meteorological Department (IMD), till September 16, the state has received 11% less rainfall when compared to the Long Period Average (LPA) during the monsoon season this year. The data shows that the state has received 368 mm of rainfall against the LPA of 413.3 mm this year.
Published on Sep 17, 2023 12:47 AM IST
Karam Prakash, Patiala
Rainfall activities to be subdued in Pune till Sept 13
Pune and other areas in the state of Maharashtra will experience reduced rainfall in the coming days due to unfavorable weather conditions, according to the India Meteorological Department. Pune currently has a 12% rainfall deficit, but experienced a short-term revival of active monsoon conditions that helped cover a 5% rainfall deficit in the last 48 hours. However, the absence of strong rainfall is creating a deficit between actual and normal rainfall. The reduction in rainfall activities is expected to continue until September 13.
Updated on Sep 09, 2023 10:57 PM IST
Gayatri Vajpeyee
How a dry August turned monsoon surplus to deficit
The rain this August has been far from being the rainiest monsoon month. This has turned the surplus rain India was enjoying at the end of July into a deficit
Published on Aug 28, 2023 12:32 AM IST
With 47% rain deficit, Kerala stares at drought, IMD data shows
The southwest monsoon, responsible for bringing 80% of the rainfall in the country, made its onset in Kerala on June 8 and its period lasts till September end.
Updated on Aug 26, 2023 11:36 AM IST
Vishnu Varma, Kochi
Argentina could get its first libertarian president
Javier Milei, a free-market radical, won the most votes in a primary ahead of general elections
Published on Aug 18, 2023 01:37 AM IST
The Economist
16th finance commission faces an uphill challenge
The 16th FC faces challenges in navigating the difficult fiscal environment of Indian federalism, with tense relationships between the Union and some states
Published on Aug 16, 2023 10:11 PM IST
Central Maha continues to experience 5% rainfall deficit
Despite heavy to very heavy rainfall in the ghat areas, the Satara and Sangli districts continue to be among the worst-performing districts in the state
Updated on Jul 27, 2023 11:46 PM IST
Gayatri Vajpeyee
How is monsoon 2023 faring against all other monsoons?
This year, it has rained a lot in a short time to cover big deficits quickly. How fast did it do so? Here's an HT analysis of IMD's gridded data
Published on Jul 24, 2023 07:48 PM IST
Power demand beats June high, sets new record
Electricity demand in Uttar Pradesh reached a new high of 27,622 MW on Friday night, according to the UP Power Corporation. Despite the historic demand, there was no deficit and the UPPCL successfully met all demand without resorting to load shedding. Prevailing humid conditions are believed to have increased power demand.
Updated on Jul 23, 2023 12:26 AM IST
HT Correspondent, Lucknow
Rain deficit in Pune comes down to 14%, from 28%, in four days
Recent rainfall in Pune district has reduced the overall deficit to 14%, with the district experiencing 'normal' rainfall for the first time this monsoon season. The rainfall activity has improved significantly in Maharashtra, with the entire state experiencing normal rainfall with a 2% deficit. The fear of less rainfall due to El Nino impact has been washed away. Pune is expected to continue experiencing good rainfall for the next three days, followed by a reduction in rainfall activity. An orange alert has been issued for heavy rainfall in ghat areas on July 23.
Updated on Jul 22, 2023 11:19 PM IST
Gayatri Vajpeyee
Rains to intensify in Pune in next 48 hours, Maha now in normal category
After a 10-day gap, rainfall activity is set to intensify in Pune in the next 48 hours, according to India Meteorological Department (IMD) officials
Updated on Jul 17, 2023 12:45 AM IST
Gayatri Vajpeyee
12 states battle rain deficit despite flood fury in north India
Heavy rainfall has made northern India rain-surplus, but 12 central, southern, and northeastern states are still experiencing a deficient monsoon.
Updated on Jul 12, 2023 03:51 AM IST
Tripura government tables ₹27,654 crore tax-free budget; proposes 13 new schemes
In 2022-23, there was a growth of about 8.8% against 7.20% growth at the national level
Updated on Jul 08, 2023 05:00 PM IST
Priyanka Deb Barman
Monsoon in U.P.: Kannauj receives 261% excess rainfall; several other dists record surplus
Kannauj alone has recorded 261% excess rainfall during this monsoon season. The district recorded 312.7 mm rain against the normal 86.7 mm.
Updated on Jul 06, 2023 12:37 AM IST
Rain lash Kashmir, snowfall in Gulmarg
The Gulmarg meadow, famous for its ski trials, pine forests and mountain peaks near the Line of Control (LoC) in north Kashmir, some 50 km from summer capital Srinagar, was covered with a blanket of snow during Thursday
Updated on Apr 28, 2023 10:55 PM IST
Ashiq Hussain, Srinagar
Fiery clash between LeBron and Dillon ignites Grizzlies' victory over Lakers
The Memphis Grizzlies took down the Los Angeles Lakers in Game 2 of the Western Conference first-round but the highlight of the game was a fiery cash
Published on Apr 20, 2023 07:15 PM IST
Paurush Omar
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