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Urban consumers turned more pessimistic about the economy, jobs and spending in May, while professional forecasters lowered India’s growth outlook, pointing to emerging signs of softer demand and weakening sentiment, according to Reserve Bank of India (RBI) surveys released on June 05.The RBI’s Urban Consumer Confidence Survey (UCCS) showed consumer confidence for the current period fell for the third consecutive round, with the Current Situation Index (CSI) declining to 90.7 in May from 95.7 in March. The Future Expectations Index (FEI) also dropped to 118.7 from 120.2, its lowest level since September 2023. The survey was conducted between May 2…

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Oil marketing companies (OMCs) continue to incur an under-recovery of nearly ₹700 on every domestic LPG cylinder despite the recent ₹29 increase in cooking gas prices, the government said on Sunday.According to a TOI report by Atul Mathur, the government said the cost of supplying a domestic LPG cylinder has risen to over ₹1,600 due to higher international LPG prices. It attributed the increase to a sharp rise in global energy prices following the West Asia conflict, which disrupted supplies and pushed up benchmark Saudi Contract Prices (CP).Also read: Oil India reports natural gas presence in second Andaman offshore wellAccording…

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India’s inflation likely rose to the Reserve Bank of India’s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher fuel costs following the U.S. and Israel war against Iran, a Reuters poll of economists showed. Inflation has remained below the RBI’s 4% target for 15 consecutive months. But that benign trend is unlikely to continue, with state-owned fuel retailers raising fuel prices four times in May alone, pushing up transport costs, while food ‌inflation continued to ⁠rise from ⁠last year’s low levels.Also Read: Indians are growing more pessimistic about the economy. RBI Survey shows…

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Armenia’s ruling pro-Europe party has won parliamentary elections, confirming the country’s pivot towards Europe and away from its traditional ally, Russia.Final results in the small South Caucasus country showed the prime minister Nikol Pashinyan’s Civil Contract party securing a slim majority, while the Strong Armenia alliance, led by the Russian-Armenian billionaire Samvel Karapetyan, won 25% of the seats in parliament.The result, which will be welcomed in Brussels but viewed with dismay in Moscow, strengthens Pashinyan’s hand as he pursues his signature and politically sensitive goal: a peace agreement with Armenia’s longtime adversary Azerbaijan and the normalisation of relations with Turkey.“The…

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Authorities carry out an anti-encroachment drive at a mosque, in Jaipur. (PTI photo) NEW DELHI: With mobile internet services suspended, additional police forces deployed and social media placed under round-the-clock surveillance, the Jaipur Development Authority (JDA) on Monday launched a major anti-encroachment drive in Jagatpura to clear structures and encroachments standing within the right-of-way of a proposed road expansion project.The demolition drive is aimed at clearing encroachments along a key road corridor near the Nandpuri Underpass to facilitate a long-pending road widening project. Officials said a mosque, two temples, a satsang hall and a mazar that fall within the designated…

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2 min readNew DelhiJun 8, 2026 12:54 PM IST The Department of Technical Education (DTE) has announced the results of the Phase 1 seat allotment for the Telangana Polytechnic Common Entrance Test (TS POLYCET) 2026 counselling session. The allotment offered is for various polytechnic colleges in Telangana for the academic year 2026-27. Candidates who had appeared for the exam can check their TS POLYCET seat tgpolycet.nic.in. Eligible candidates will have to use their ROC form number, TS POLYCET hall ticket number, password and date of birth (DoB) to access and download the seat allotment order. TS POLYCET Seat Allotment 2026:…

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Tennis fans took a jab at Rafael Nadal and Billie Jean King for celebrating Alexander Zverev’s French Open victory despite him having faced domestic abuse allegations. Zverev lifted his first Grand Slam title after defeating Flavio Cabolli on Philippe Chatrier on Sunday. His win drew praise from tennis greats Nadal and King. However, their compliments weren’t positively acknowledged by fans, who slammed the former tennis players for extending their wishes to Zverev, who has faced two major public domestic abuse allegations in the past. The 14-time Grand Slam champion congratulated the German player, stating it was a well-deserved victory. Thanks…

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The 2027 Cadillac Lyriq is slightly more expensive than the outgoing model. Cadillac’s first EV is getting a different charge port. For 2027, the Lyriq is also keeping an infotainment feature that GM eliminated from all other EVs. The Cadillac Lyriq is keeping an important infotainment feature for the 2027 model year, as well as gaining a Tesla-style charge port, which eliminates the need for a charging adapter at Tesla Superchargers and other, non-Tesla stalls equipped with NACS connectors. According to GMAuthority, when production of the 2027 Lyriq starts next month in Tennessee, it will become the last General Motors-made…

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Dr Sivaranjani Santosh. Photo: Special Arrangement Hyderabad-based paediatrician Dr Sivaranjani Santosh has said that her resignation from the Indian Academy of Paediatrics (IAP), which she submitted nearly two months ago, has now been formally accepted by the organisation.In a post on social media platform X, Dr Santosh said that the acceptance of her resignation had freed her from any obligation to remain restrained in criticising the academy’s leadership. “So far, I had to show some restraint before calling the leadership out for their pathetic slavery to pharma. Now, I am under no obligation to show that restraint,” she wrote.The paediatrician…

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