Global slowdown could last several years, its average impact may be more than global financial crisis of 2008: CEA V Anantha Nageswaran

Jun 18, 2025

India has maintained a good growth rate despite difficult and unfavourable political and economic conditions noted Chief Economic Adviser V Anantha Nageswaran on Wednesday.

Surge in crude prices poses risk to India's current account deficit as every $10 rise in oil prices widens CAD by $15 Bn: UBI Report

Jun 18, 2025

Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).

Humanity First: KP Group and PP Savani Group arrange Char Dham pilgrimage and Umrah for daughters

Jun 18, 2025

Surat (Gujarat) [India], June 18: Two renowned philanthropists from Surat have once again set a shining example of humanity. While most people donate or serve within their own religious or community circles, KP Group Chairman and MD Dr. Faruk Patel and PP Savani Group's Mahesh Savani have always operated beyond such boundaries. This time, both groups have jointly organised a Char Dham pilgrimage for around 300 women, including the mothers and mothers-in-law of underprivileged, orphaned girls who were married through PP Savani's mass marriage initiative. They have also arranged an Umrah pilgrimage to Mecca-Medina in Saudi Arabia for not only those16 Muslim daughters and their husbands who got married this year, but also all Muslim daughters without father who married earlier. Notably, Dr. Faruk Patel will accompany these daughters to Umrah, personally ensuring their comfort and well-being.