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India predicts slower 5% growth, likely prompting budget stimulus

Annual economic growth slowed to 4.5% in the July-September quarter, the weakest pace since 2013, blamed on weakening demand and private investment, putting pressure on Prime Minister Narendra Modi to speed up reforms as five rate cuts have failed to help. The financial year ends in March.

India just experienced its hottest decade on record

More unpredictable weather — including more frequent droughts and heatwaves — can threaten harvests and food security, especially in developing nations such as India, climate scientists say.

Sensex, Nifty rebound as Middle East tensions appear to ease

The Sensex rose over 500 points to 41,204 while Nifty regained 12,150. Among the Sensex 30 stocks, IndusInd Bank, Bajaj Finance, UltraTech Cement, HDFC Bank, Tata Steel, Asian Paints, RIL, Axis Bank, HDFC and ICICI Bank were up between 1.5% and 2.5%.

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