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World Bank retains India’s FY26 growth at 6.3 pc amid global uncertainties

Washington, Jun 10 (PTI) World Bank on Tuesday pegged India’s economic growth projection at a lower level of 6.3 per cent for 2025-26 due to pressure on exports emanating from global uncertainties, though the country will remain the fastest growing major global economy. In April, the World Bank had lowered India’s growth projection for 2025-26 to 6.3 per cent from its January forecast of 6.7 per cent. According to the World Bank’s latest Global Economic Prospects report, heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of

Northern India on the boil with heat waves disrupting normal lives and raising health concerns

NEW DELHI, June 10, 2025 (AP) — A blistering heat wave is sweeping across northern India with temperatures soaring above the normal, disrupting daily life and raising health concerns. The mercury shot up to 47.3 C (117 F) in Sri Ganganagar, a desert city in the northwestern state of Rajasthan on Monday , according to the Indian Meteorological Department. The record for the country is 51 C (124 F), set in May 2016 in Rajasthan’s city of Phalodi. The searing heat is not just a seasonal discomfort but underscores a growing challenge for the country’s overwhelmed health infrastructure. A prolonged

Gold slips Rs 110 to Rs 97,670/10 g; silver plunges Rs 1,000 to Rs 1.07 lakh/kg

New Delhi, Jun 10 (PTI) Gold prices slipped Rs 110 to Rs 97,670 per 10 grams in the national capital on Tuesday due to persistent selling by jewellers and stockists, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity fell Rs 100 to Rs 97,250 per 10 grams (inclusive of all taxes). Snapping a seven-day winning streak, silver prices plunged by Rs 1,000 to Rs 1,07,100 per kilogram (inclusive of all taxes) on Tuesday. The white metal had soared Rs 1,000 to hit a fresh peak of Rs 1,08,100 per kilogram in the local

Sensex snaps 4-day rally, Nifty ends unchanged in volatile trade

Mumbai, Jun 10 (PTI) Benchmark BSE Sensex closed lower by 53 points in a volatile trade on Tuesday, snapping its four-day winning run due to profit-taking in banking and energy shares. The 30-share Sensex declined by 53.49 points or 0.06 per cent to settle at 82,391.72 with 14 of its constituents closing lower, 15 with gains and one remaining unchanged. The index opened higher and climbed further 235.58 points or 0.28 per cent to 82,680.79 in morning trade. However, the barometer pared gains later due to profit-taking in index major Reliance Industries, HDFC Bank and ICICI Bank. It dropped by

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