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SRINAGAR: Chief minister Omar Abdullah Monday kicked off a controversy with his comment linking alcohol consumption to religion, while defending J&K’s liquor policy. Liquor shops in the UT are meant for those whose faith allowed them to drink, he said, stressing that not introducing prohibition did not mean govt wanted to encourage alcohol consumption.“First of…
The deaths of four members of a family in south Mumbai last month were caused by zinc phosphide, a chemical commonly used in rat poison, and not by consumption of watermelon as initially suspected, PTI reported on Thursday, citing officials. The chemical was reportedly detected in the viscera samples of all four.The case came to…
NEW DELHI: With consumption at 154 billion units in April, power consumption in India witnessed over 4% year-on-year growth compared to the same period in 2025.Though peak power demand broke the all-time high record, officials said subdued temperatures during the first 10 days of month due to spells of rain in parts of the country…
CORPORATE CHAMPIONS: (Left to right) Bharti Airtel MD and CEO Shashwat Sharma, JSW Group chairman & MD Sajjan Jindal, YouTube India country MD Gunjan Soni, HDFC Life MD & CEO Vibha Padalkar, Andhra Pradesh chief minister N Chandrababu Naidu, RateGain Travel Technologies founder & MD Bhanu Chopra, Serum Institute of India chairman & MD Cyrus…
New Delhi: India’s peak power demand reached an all-time high of 252 GW on April 24, as temperatures soared across the country, pushing electricity consumption to a record level, reports Atul Mathur.According to data from Grid Controller of India, electricity demand touched 252.1 GW at 3.28 pm on Friday, up from 240.1 GW recorded on…
Moody’s Ratings has lowered India’s FY27 growth forecast to 6%, down from an earlier estimate of 6.8%, citing weaker consumer demand and slower industrial performance amid rising energy and input costs linked to the West Asia conflict.For FY26, the agency expects India’s GDP growth to be 7.6%, according to official estimates, as reported by ET.The…
India’s cooking gas consumption saw a sharp decline in March, with LPG usage falling 13 per cent year-on-year due to supply disruptions linked to the ongoing Middle East conflict, according to official data.LPG consumption stood at 2.379 million tonnes in March, down from 2.729 million tonnes in the same month last year. The decline comes…
The twin headwinds of rising oil prices, fuelled by West Asia’s ongoing conflict, and a below-normal monsoon forecast for 2026, are putting India’s consumption-driven growth story under pressure. While sectors hit by the conflict have raised prices to offset costlier raw materials and freight, a below-normal monsoon would squeeze farm incomes and hurt rural demand,…
The US economy grew at a sluggish 0.5% annual pace in the October–December quarter, lower than earlier estimates, as a prolonged government shutdown weighed on activity, AP reported.The Commerce Department revised down its estimate of fourth-quarter GDP growth from 0.7% to 0.5%, marking a sharp slowdown from 4.4% growth in the July–September period and 3.8%…
A month into the Gulf conflict, early economic strain is surfacing in the United Arab Emirates, with companies in hospitality, travel, events and food & beverage beginning to cut costs through layoffs, pay reductions and unpaid leave, according to an ET report.People tracking hiring trends said the adjustment has already started at the firm level…
