The economy is projected to grow at 6.4% this fiscal, impacting growth prospects for FY26 and posing challenges for policymakers preparing for the Union Budget 2025-26 due to private investment demand and subdued government spending. While private consumption is expected to rise by 7.3%, concerns remain regarding slow private sector investment and risks from global uncertainties extending into FY26. Analysts anticipate growth of less than 7% in FY26, emphasizing the need for additional measures to sustain growth momentum and ensure a revival of domestic demand for long-term growth above 7%.
Full Article
Florida truck crash: 2.2 million sign petition for Indian-origin Harjinder Singh leniency
Over 2.2 million people have signed a petition urging Florida Governor Ron DeSantis to show leniency for Harjinder Singh, a 28-year-old Indian-origin man facing vehicular homicide charges after a crash that killed three people. Singh, who entered the US illegally in 2018, is accused of making an illegal U-turn; if convicted, he could face up to 45 years in prison, sparking a divisive debate on social media regarding the severity of his potential sentence. Want...
Read more