The World Bank has revised India's GDP growth forecast for the current fiscal year to 6.3%, citing weaker exports and slower investment growth. Despite this, India remains the fastest-growing major economy. Global growth projections have also been lowered, with calls for rebuilding trade relations and fiscal consolidation to boost economic activity.
Related news
California Governor Gavin Newsom has accused President Trump of disrespecting National Guard troops deployed to Los Angeles amid immigration protests, citing inadequate conditions and a politically motivated deployment. Newsom filed a lawsuit, alleging Trump exceeded his authority, while Trump suggested Newsom should be arrested for defiance. The Pentagon defended the operation, hinting at future militarized homeland approaches.
Reliance Jio users are facing widespread connectivity issues, including mobile internet access problems and frequent call drops. Downdetector indicates significant disruptions in both fiber and mobile internet services, with a large percentage of users reporting issues. Social media is flooded with complaints, particularly from users in Kerala, highlighting the widespread outage.
Following a massive fire on the Singapore-flagged MV Wan Hai 503 off the Kerala coast, China has expressed gratitude to India for its swift response in rescuing crew members, including Chinese nationals. The Indian Coast Guard deployed ships and aircraft for firefighting and rescue operations after the explosion on June 9.
Israel has claimed responsibility for an airstrike that killed General Amir Ali Hajizadeh, commander of Iran's revolutionary guard aerospace force, accusing him of orchestrating attacks against Israel. The strike, part of a broader offensive targeting Iranian nuclear and military sites, has been met with strong condemnation from Iran. Supreme Leader Khamenei has vowed severe retaliation, raising fears of escalating tensions.
SpaceX has postponed the Axiom-4 mission launch to the International Space Station due to a Liquid Oxygen (LOx) leak discovered during post-static fire booster inspections. The launch, which was scheduled for Wednesday at 5:30 pm IST, was delayed to allow SpaceX teams time for repairs. A new launch date will be announced pending the completion of repairs and range availability.
Amid escalating tensions, the Israeli army issued evacuation warnings for northern Gaza areas following a projectile interception. The military declared it would forcefully respond to any terrorist act, urging immediate evacuation south to Gaza City shelters.
Bangladeshi chess player Rani Hamid, 80, arrived in Delhi for a tournament, but her companion Ashiya Sultana was denied entry and deported due to a previous visa violation. This incident has deeply upset Hamid, impacting her performance in the competition. Despite the emotional distress, she appreciates the support from the Delhi Chess Association.
India head coach Gautam Gambhir returned home on June 12 as his mother suffered a heart attack on June 11. Gambhir is with his mother at the moment who is undergoing treatment in a Delhi hospital but is likely to rejoin the side before the first Test against England which gets underway on June 20.
Lauren Kyle McDavid, the wife of NHL star Connor McDavid, turned heads in a shimmering Cult Mia mini dress during a sun-drenched Mykonos vacation. Her metallic, lace-up outfit quickly captured attention online, sparking fashion buzz and showcasing her rising profile beyond the NHL spotlight with a confident, glamorous appearance that defined summer boldness.
Flight operations at Ahmedabad Airport are suspended after an Air India plane crashed shortly after takeoff on Thursday. IndiGo and SpiceJet have issued travel advisories, offering rebooking or refunds.