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ICAI CA Intermediate Result 2026 Date & Time: How to download your scorecard at icai.org
The Institute of Chartered Accountants of India will release CA Intermediate May 2026 results on June 24, 2026. Students can check their scores online at caresults.icai.org using their registration and roll numbers. The merit list and pass percentages will also be published. Meanwhile, CA Final May 2026 results are expected on June 18, 2026.
US military to build war-ready stockpile in Australia: documents
The US military is planning a permanent war-ready stockpile of weapons for its Marine Corps on Australia's southeast coast, tender documents show and officials confirmed to AFP. Documents published by the US Navy this month show plans for $30 million allocated to build warehouses and offices in southeastern Victoria state for critical forward provisioning, including crew served weapons. The development of the stockpile, a first for the Marine Corps in Australia, comes as the United States is keen to leverage the continent's strategic location in the South Pacific to counter China's rapid military build-up, analysts said.
Global commodity prices will stay high in coming months. Geopolitical tensions in West Asia and bad weather affecting crops are the main reasons. Supply chains will take time to recover even after conflicts end. This will impact energy, metals, fertilizers, and food prices. India's inflation is expected to average 7-8 percent in FY27.
West Bengal CM Suvendu Adhikari unveils North Bengal roadmap on first Darjeeling hills visit
West Bengal Chief Minister Suvendu Adhikari has unveiled a comprehensive development plan for North Bengal. He assured residents of the Darjeeling hills that all central government welfare and development schemes will be delivered effectively. Adhikari stated his government's commitment to transparency in recruitment and inclusive growth across the region. Infrastructure, jobs, and public services will be strengthened.
Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES Bank
India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee offer potential relief. This could allow the Reserve Bank of India to postpone interest rate increases. The central bank is monitoring weather-related food inflation risks. A new Producer Price Index framework is also being introduced.
Industrialist Harsh Goenka shared a motivational message on managing anger, emphasizing that holding onto it punishes oneself. The American Psychological Association explains anger as a normal emotion that can become destructive if excessive, offering strategies like relaxation and cognitive reframing for constructive management.
Indian soybean acreage expected to rise on higher prices, weak monsoon outlook
Indian farmers are planting more soybeans this year. Higher prices for soybeans are making them more profitable than corn. Forecasts of less rain also favor soybeans, which need less water than sugarcane and corn. This shift could boost India's soybean production and reduce the need for imported edible oils. Farmers are anticipating a good season for the oilseed crop.
An Assam family's act of kindness in rescuing and raising an orphaned civet cub, Bhakat, in 2009 has unexpectedly found its way into an NCERT Class X English textbook. The cub was breastfed by Anjali Saikia alongside her infant son, becoming a beloved family member.
Vigilance conducts statewide inspections of ration shops, NFSA godowns in Kerala
Kerala Vigilance and Anti-Corruption Bureau launched 'Operation Bhakshya Suraksha'. Surprise inspections targeted NFSA godowns and ration shops statewide. The drive aimed to uncover corruption and irregularities in the Public Distribution System. Allegations included food grain diversion, stock manipulation, and illegal sales. The inspections sought to verify these serious claims and ensure fair distribution.
Iran FM says ending war including in Lebanon 'most important issue' in US deal
Iran's Foreign Minister Abbas Araghchi said on Tuesday that ending the war on all fronts, including Lebanon, was he most important issue in the peace deal with the United States announced the day before. This is perhaps the most important issue in the memorandum -- the declaration of an immediate and permanent end to the war on all fronts, including in Lebanon, he said, adding that ending the war in Lebanon is an inseparable part of the complete end of the war.
CM DK Shivakumar hails Karnataka's dynamic economy; state registers 9.5% export growth in FY 2025-26
Karnataka's economy is booming. Exports grew by 9.5 percent in the financial year 2025-26, reaching almost 19.7 lakh crore. The state leads in software and services exports. Chief Minister DK Shivakumar also assured that welfare schemes will continue with enhanced verification to prevent misuse. These benefits are exclusively for Karnataka residents.
America, Israel never fulfilled commitments honestly: Iran's Esmail Baghaei
Stoic Quote of the Day: Ancient philosopher Epicurus reminds us that true wealth comes not from having more, but from needing less. According to him, our natural needs are limited and relatively easy to satisfy, while desires driven by vanity, status and material excess have no end. This timeless wisdom remains highly relevant today, encouraging us to appreciate what we already have rather than constantly chasing more.
Iran's Araqchi says talks with US to finalise agreement will start on Friday
Iran and the United States are set to begin crucial negotiations in Switzerland this Friday. The talks aim to finalise a comprehensive agreement following the commencement of an interim deal. Iran's Foreign Minister also issued a stern warning regarding any Israeli actions against Lebanon. He emphasised that such moves would breach the interim accord.
Tamil Nadu CM announces full waiver of coop crop loans up to Rs 75,000
Tamil Nadu Chief Minister C Joseph Vijay has announced a significant crop loan waiver. Farmers can receive a full waiver for loans up to Rs 75,000 availed from cooperative banks between May 1, 2025, and February 28, 2026. This move will benefit over 14 lakh farmers. Those with loans exceeding Rs 75,000 will get a waiver of Rs 35,000.
7 best superfoods for hair growth
Hair growth starts with what you eat. From curry leaves and black sesame seeds to eggs, amla and almonds, these seven nutrient-rich superfoods can help support stronger, healthier hair. Here are some of the best foods Indian readers can add to their daily diet to naturally support hair growth and reduce hair concerns.
Cape Verde's Vozinha delivered a career-defining performance against Spain, making seven saves to secure a historic 0-0 draw. Despite global acclaim and a surge in followers, the veteran goalkeeper was overcome with emotion, crying for his deceased grandparents and his mother, who couldn't attend due to visa and financial issues.
Inpex shuts one LNG train at Australian Ichthys plant due to strike
Japan's Inpex has halted one of two liquefied natural gas production trains at its Ichthys plant in Australia. This closure follows a strike by workers. The disruption is expected to affect exports. Global LNG supplies are already constrained. Japanese utilities are major buyers from the Ichthys project.
A Virginia mother gave her six children unique names inspired by US states. Nevada, Montana, Indiana, Arizona, Missouri, and Dakota were chosen to represent hope and togetherness. The mother wanted her children to believe in a future beyond their immediate surroundings. The siblings have grown up close, with each pursuing different paths.
India's fiscal policy is evolving to support domestic growth: S&P Global
India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long-term strategies. Measures are in place to manage rising energy and food costs. This shift aims to protect growth and reduce vulnerabilities in an uncertain world. India is balancing growth support with long-term stability.
BJP Kurukshetra MP Naveen Jindal on Tuesday congratulated Prime Minister Narendra Modi on being conferred with Slovakia's 'Order of the White Double Cross (1st Class),' describing the honour as a testament to India's growing stature and influence on the global stage.
'Janta murkh thodi hai, baar baar khade ho jao': Union Min Shivraj Singh Chouhan fumes mid-event
A global survey spanning 142 countries found that nearly one in four people reported feeling very or fairly lonely. But the most unexpected finding was not the overall number. Young adults aged 19 to 29 reported the highest levels of loneliness, while older adults were the least likely to say they felt lonely.
From Oman to Tanzania: How the Iran war is redrawing Indias trade map
India's trade is changing due to the West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also key import sources. Singapore has become India's third-largest export destination. Tanzania and South Africa are seeing increased Indian exports. These shifts highlight new trade routes and partnerships.
'Markets will hit all-time highs': Kotak Mahindras Nilesh Shah sees strong growth
Instagram followers from 50,000 to 5 million in few hours: How to do it, Vozinha style
Cape Verde goalkeeper Vozinha became a global star after an incredible World Cup performance against Spain. He made numerous saves, frustrating the Spanish team. His Instagram followers surged from thousands to millions. Vozinha's journey from a small island nation to football's biggest stage is a remarkable underdog story. This event brought immense pride to Cape Verde.
NEET retest: High-level military-grade security, adds to balooning exam pressure, says Annamalai
Stringent security measures for the NEET retest on June 21 are drawing criticism. Former BJP leader K Annamalai states these arrangements, including military-grade security and AI face recognition, will add to student pressure. He believes the focus on security overlooks the exam stress reduction goals of NEP 2020. The National Testing Agency is conducting the re-examination.
Durable US-Iran peace deal to provide predictable environment for trade: CRF
A US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, and logistics. It will also create a more predictable trade environment. The agreement is set to be signed soon. This development is crucial for facilitating trade and strengthening initiatives like IMEC. It will positively impact India's trade with West Asia.
Parenting expert Reem Raouda says emotional safety is one of the most important yet often overlooked factors in a child's development. According to her, children thrive when they feel safe expressing their thoughts, feelings and needs without fear of judgment, helping them grow into more confident, resilient and emotionally healthy adults.
Albert Einstein's profound quote suggests the past, present, and future are an illusion, rooted in his Theory of Relativity where time and space are interconnected. This perspective challenges our linear experience, urging us to appreciate the present moment and embrace a broader understanding of reality and our place within it.
Weak monsoon prolongs south Bengal's summer woes
South Bengal will continue to experience sweltering heat. The monsoon is weak in southern districts, bringing little rain. Light showers are expected until June 19, with widespread rain on June 20 and 21. Northern districts will receive heavy rain. State schools have shifted to morning hours due to the oppressive heat.
Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei Sobyanin
A Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency services responded to the incident. This refinery is the largest in the Moscow region. Drone strikes on Russian refineries have increased. This has impacted fuel production across the country. The Moscow region had not previously experienced supply disruptions.
Nagaland State Lottery Sambad Dear Tuesday Weekly draw results for today, 16 June 2026, have been officially declared. The first prize of 1 Crore has been announced. ticket holder of 53H 25510 wins the Rs 1 crore first prize today.
Top Slovakian award to PM honour for all Indians: Adityanath
Prime Minister Narendra Modi received Slovakia's highest national award, The Order of the White Double Cross. This recognition highlights India's growing global respect. Uttar Pradesh Chief Minister Yogi Adityanath and Deputy Chief Ministers Keshav Prasad Maurya and Brajesh Pathak expressed pride. The award marks Modi's 33rd international honour, acknowledging his contributions to global partnerships and India's rising stature.
Telegram banned in India? What you can and cannot do, and when restrictions will end
Telegram ban India: Telegram users in India are facing two temporary restrictions this month. Access to the platform has been restricted until June 22, while Telegram's ability to edit already-posted messages has been disabled until June 30. The measures were introduced in connection with the NEET (UG) 2026 re-examination, but they also affect millions who use Telegram for everyday conversations, study groups, work updates and community discussions. Here's what changes for ordinary users.
Australian weather bureau says El Nino event underway in tropical Pacific
Australia's weather bureau has confirmed an El Nino event is active. Atmospheric signs point to a strong to very strong El Nino. This phenomenon involves warming sea surface temperatures in the Pacific Ocean. A similar event in 2015-2016 caused widespread drought and reduced crop yields in Asia. The current forecast suggests significant impacts.
Ashok Gehlot sparks row with Indira Gandhi would have banned BJP remark
From Rs 75 in cash to the Lok Sabha spotlight: The obscure party at the centre of the TMC rebellion
An unknown political party, the Nationalist Citizens Party of India, is now central to national politics. Twenty Trinamool Congress MPs announced a merger with the NCPI. This move, if approved, would significantly change the Lok Sabha's composition. The NCPI, previously with minimal presence, would become a major force. The development follows internal dissent within the Trinamool Congress.
Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success stories
KPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations. The report, which contained fabricated case studies and AI-generated inaccuracies, was flagged by GPTZero and the Financial Times. An internal investigation is underway as the firm faces scrutiny over its AI usage policies.
US Navy showcases advanced sea drones during NATO drill in the Baltic Sea
Ukraine aims to align banks, insurers with EU rules by 2028, central banker says
Ukraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Governor Andriy Pyshnyi stated banking regulations are now 78% EU-compliant, with over 50 new laws planned to attract crucial private investment for reconstruction efforts.
PM Modi and Slovak President Peter Pellegrini click selfie, exchange gifts in Bratislava
US-Iran peace talks: Senior officials link sanctions relief to nuclear compliance guarantees
Senior Trump administration officials revealed a new understanding with Iran, linking sanctions relief and economic reintegration to strict nuclear oversight and regional security commitments. This framework establishes conditional reciprocity, offering Iran gradual integration into global markets if it behaves like a normal country and allows stringent verification of its nuclear program.
Oil is plummeting President Trump discusses global markets after U.S.-Iran peace deal
At 64, Otis DSouza chose to become an intern, not out of financial need, but a desire for purpose and continued learning. He embraced the role without ego, listening and learning from younger colleagues, demonstrating that the pursuit of knowledge and engagement has no age limit.
Suspected Pakistani sighted along LoC in J-K's Rajouri
A suspected Pakistani drone was spotted over a forward village in Rajouri district of Jammu and Kashmir. The drone-like object entered Indian territory from Pakistan-occupied Kashmir late Monday night. It briefly hovered before returning. Security forces conducted a thorough search of the area on Tuesday morning. No objectionable items were found during the operation.
Telegram temporarily blocked in India ahead of NEET re-exam; NTA welcomes Centre's move
Telegram access in India is temporarily restricted until June 22, 2026, following a government crackdown on fake NEET (UG) 2026 re-examination papers and exam fraud. The National Testing Agency welcomed the Ministry of Electronics and Information Technology's action, citing the misuse of Telegram's message-editing feature to fabricate evidence of paper leaks.
Govt says 16 India-bound fertiliser ships are currently in the Strait of Hormuz
Nepal's foreign minister visits China after calling on regional rival India
Nepal's Foreign Minister Shisir Khanal met China's top diplomat following a recent visit to India, presenting a challenge for Beijing's regional diplomacy. Analysts suggest Nepal's ties with India offer leverage, forcing China to prove its value amidst stalled infrastructure projects and corruption concerns surrounding Chinese-funded initiatives.
Santy Sharma Bigg Boss: Rapper Santy Sharma's name has emerged in reports about being one of the Bigg Boss 20 contestants, sparking curiosity about who he is and why he is being linked to the Salman Khan-hosted reality show. From his journey as an independent artist from Madhya Pradesh to the recent controversies and debates that brought him into the spotlight, here's a closer look at the rapper at the centre of the speculation.
European leaders at the G7 summit will urge U.S. President Donald Trump to reconsider his Iran strategy. They fear a preliminary deal could entrench Tehran's nuclear and missile programs. Leaders will also press Trump to rethink his Ukraine approach. They aim to signal willingness for talks with Russia while tightening sanctions and boosting Ukraine's military support.
A Patna educator, Khan Sir, faces accusations from a rival coaching operator, Raushan Anand, who claims Khan orchestrated the death of Anand's brother, Prince Yadav, in Nepal. Yadav, named in an FIR for a coaching center attack, died in Nepal, with circumstances surrounding his demise remaining unclear amid conflicting reports.
What to know about the demining and escort mission that US allies want for the Strait of Hormuz
Allies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves removing mines and providing military escorts. France and Britain are leading these plans. The mission follows a tentative deal to end the Iran war. It seeks to reopen the vital waterway for oil and gas supplies.
FIFA World Cup 2026: Late equaliser from Araujo helps Uruguay play 1-1 draw against Saudi Arabia
In an intense kickoff to the World Cup, Uruguay battled to a 1-1 draw against Saudi Arabia. Maximiliano Araujo struck a crucial equalizer in the 80th minute, rescuing a point for his team. Despite dominating possession and outshooting their opponents, Uruguay found themselves trailing at halftime. Both squads now sit on one point in the competitive Group H.
Delhi gets light rain, bringing relief from scorching heat
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
Eight years of U.S. tariffs have failed to curb Chinas manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus by redirecting exports away from the U.S. and into Europe and Asia.
China's May retail sales fall for first time in over three years
China's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail sales falling for the first time in over three years. Investment also slumped, deepening concerns about domestic demand. Experts anticipate policy adjustments to boost consumption.
'Bordering on failure': India rejects proposal to expand only non-permanent UNSC membership
Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister Aurangzeb
Pakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict. However, he cautioned that it is too early to revise the budget presented just days ago. The government's immediate focus was managing the conflict's impact on energy and inflation. The FY27 budget projects 4% growth and 8.2% inflation.
US B-52 bomber crashes in California, killing all 8 crew aboard; Aerial visuals
Delhi-NCR weather: Will it rain today in Delhi, Noida, Gurugram and Ghaziabad? Check IMD forecast
Delhi Rain Today: Delhi and the National Capital Region are bracing for a sudden weather change. Light to moderate rainfall and thunderstorms are forecast in the coming days. Strong winds up to 80 kmph are also expected. This pre-monsoon activity, driven by western disturbances and moisture from the Arabian Sea, will bring relief from rising temperatures but may cause traffic disruptions.
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia war
America's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage economic impacts from global conflicts. Officials express concern about operational capacity and vulnerability to weather disruptions. The reserve's current low level raises alarms for future energy security.
PM Modi receives Slovakia's highest honour, Order of the White Double Cross from President Peter
SSC GD Constable Answer Key 2026: The Staff Selection Commission has released the provisional SSC GD Constable Answer Key 2026 for the recruitment of 25,487 vacancies. Candidates who took the exam between April 27 and May 30, 2026, can now download their response sheets and the answer key from ssc.gov.in.
Trump's approval ticks up to 36% as price angst eases: Poll
President Trump's approval rating rose to 36% as public dissatisfaction with the cost of living eased slightly. The poll, conducted before and after Trump announced an Iran ceasefire, showed registered voters favoring Democrats 41% to 38% in upcoming elections. Despite a slight uptick, Trump's overall approval remains low.
Breaking News Live Updates: Thunderstorms, gusty winds likely in Delhi-NCR today
US connected-car rule prompts Ford, other automakers to seek licenses for China-built models
Automakers like Ford are seeking U.S. government authorization to continue selling vehicles with Chinese-linked software, facing a ban set to take effect for model year 2027. This complex process highlights the auto industry's deep ties to China's supply chains, with hardware restrictions expected to pose even greater challenges.
New Zealand's Sarpreet Singh, of Indian heritage, will play in the 2026 FIFA World Cup. He is the first Sikh footballer at the tournament. Singh aims to help New Zealand advance from a tough group. His journey includes playing in Germany and overcoming injury. Many in India will follow his progress closely.
Trump terms $300 billion fund to rebuild Iran as 'fake news'
US President Donald Trump has dismissed claims of Washington paying Iran a massive sum. Reports suggested a $300 billion fund for investment, contingent on Iran's nuclear deal compliance. This fund would be for companies, not direct government payments. Sanctions relief would be phased, linked to Iran's actions. Officials emphasize no money has flowed to Iran yet.
India Inc. is profitable. So why isnt it investing?
Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and increasing inequality. Unlike China, which invests heavily, Indian businesses are hesitant. This trend risks trapping India in scarcity. Leaders must decide on a path towards mass affluence now.
US B-52 bomber crashes in California, killing all 8 crew aboard; aerials show aftermath of crash
U.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, and Advanced Micro Devices rose 7 per cent. Nvidias climb of 3.5 per cent.
California Gov. Gavin Newsom says Trump's DoJ is investigating him and his wife
California Governor Gavin Newsom accused the Justice Department of a politically motivated investigation targeting him and his wife, alleging Donald Trump is retaliating due to Newsom's presidential aspirations and criticism. Federal agents have reportedly questioned friends and former employees, seeking records related to increasingly personal matters.
Morning Brief Podcast: Killed in Americas War: The Indian Sailors Nobody Apologised For
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stage
Navneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, known for its high-stakes bets on startups like WeWork, undergoes restructuring and shifts its focus towards AI. SoftBank will soon announce transition plans for his responsibilities.
Luis Suarez is an Uruguay legend who has left indleible mark in the FIFA football World Cups throughout his illustrious international soccer career.
Proverb of the Day highlights how past relationships can continue to influence a new marriage. The saying explains emotional baggage, unresolved trauma, subconscious comparison, co-parenting ties, boundary challenges, and the importance of open communication, healing, and creating unique bonds. It offers lessons on leaving the past behind while building trust and understanding in a new relationship.
India will do more to boost inflows: Finance Minister Nirmala Sitharaman
India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if required to boost capital inflows. These actions follow recent tax relief and banking regulator initiatives aimed at strengthening the Indian market. The government is committed to ensuring the necessary investments enter the country.
B52 Bomber Stratofortress crashed at Edwards Air Force Base in California on Monday. The Stratofortress, designed and built by Boeing, is a long-range, subsonic aircraft that has long served as the backbone of the United States' crewed strategic bomber force, according to the U.S. military.
Jewish Proverb of the Day highlights a teaching from the Talmud that compares loving someone who scorns you to licking honey from a thorn. The proverb explains the risks of unrequited love, emotional energy spent on the wrong person, and the importance of self-preservation, mutual respect, reciprocity, boundaries, dignity, and healthy relationships in daily life.
'Feds are knocking on doors: Newsom RIPS Trump after DOJ launches probe into wife |California fraud
Encouraged RACIST, SEXIST behaviour: Randy Fine explodes at Biden-era NLRB in fiery House hearing
A French proverb highlights that true love involves looking together in the same direction, not just at each other. This timeless wisdom suggests strong partnerships are built on shared dreams and common goals. It underscores the importance of mutual support and a unified vision for a lasting connection.
ET Graphics: What the US and Iran say is in the memorandum to end Iran war
The US and Iran, with Pakistan as mediator, have announced a preliminary deal to end the war, with an immediate cessation of military operations and the reopening of the Strait of Hormuz. Negotiations on Iran's nuclear program and US sanctions will follow within 60 days.
SC permits Himachal MLAs to vote in municipal elections
The Supreme Court has allowed Himachal Pradesh MLAs to vote in elections for presidents and vice-presidents of civic bodies. This decision overturns a recent High Court order that had barred these ex-officio members from voting. The top court's intervention came after the state government filed a plea challenging the High Court's interim ruling.
India, UAE step up efforts to expand re-dirham trade
Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both nations are now intensifying efforts to boost adoption, aiming for faster trade and cost reduction, despite industry-cited structural bottlenecks. Authorities are focusing on onboarding more banks and simplifying procedures to enhance cross-border transaction efficiency.
Bangladesh summons Indian envoy over airport incident
Bangladesh has summoned India's deputy high commissioner in Dhaka. This action follows an incident at Delhi airport involving an adviser to the Bangladeshi Prime Minister. Reports indicate the adviser did not cooperate with immigration authorities. He was reportedly traveling on a regular passport, not a diplomatic one. The Bangladeshi government expressed disappointment over the event.
A 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a 70,000 monthly salary. She detailed managing two loans, household expenses, and medical costs, leading to significant stress and sleepless nights. A proposed 5 lakh loan to consolidate debt and invest was met with caution from users.
Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDP
It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy efficiency and greater responsiveness of oil demand to increasing prices.
India's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Price Index series, with a 2022-23 base year, now includes more items. Experts anticipate a slight easing in June due to cooling global energy prices. Retail inflation also saw an increase.
