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At 7%, mfg expected to stay robust


At 7%, mfg expected to stay robust

The manufacturing sector remained robust and is estimated to grow by 7% in 2025-26 as opposed to 4.5% last fiscal while construction continued to be healthy at a growth rate of 7%, compared with an increase of 9.4% in 2024-25. Nominal GDP, which accounts for inflation, is estimated to grow by 8% in 2025-26.The crucial farm sector is estimated to grow by 3.1% in 2025-26, slower than the 4.6% registered last year but still robust. The mining sector is seen contracting by 0.7% in 2025-26 compared with a growth of 2.7% last year.

At 7%, manufacturing is  expected to stay robust

“The first advance estimates of the GDP in general show a flat aggregate demand in FY26. The heads that have positively contributed include govt consumption with a growth of 5.2% in real terms. Exports have also held the forte with positive growth of 6.4%. Private consumption growth was tad lower at 7.0%, possibly due to slowdown in the agriculture sector. Per capita consumption registered a growth of 6.1%,” said Soumya Kanti Ghosh, group chief economic adviser at State Bank of India.“Uptick in govt consumption, traction in services has held up the demand in FY26, cushioning the impact of external headwinds,” Ghosh said in a note.



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Auto players seek EV protection in EU pact


Auto players seek EV protection in EU pact

NEW DELHI: As Indian and European negotiators enter what is seen to be the final rounds of talks for a free trade agreement (FTA), the local auto companies are wary of Chinese electric vehicles using European Union as a gateway to enter the domestic market at lower duty.As a result, auto players have demanded that govt negotiate the agreement in such as way that if needed, only high-end EVs are allowed into the country — with a high price threshold and in limited numbers — while also insisting on a high level of value addition, which could be 50% or more, people familiar with the deliberations told TOI.In the trade deal with the UK, which was signed last year, govt had protected EVs but the auto industry also realises that there are trade-offs to be made for a successful outcome.

Auto players seek EV protection in EU pact

Industry Wary Of Chinese Cos Bringing Electrics Through Europe At A Lower Duty

The worry, however, is bigger in the case of the European Union, given that some of the Chinese companies could use member nations of the trading bloc to locate assembly units and ship goods to India, taking advantage of the duty benefit. Some of the Chinese companies that have been hovering around have not been able to set up shop in the country due to checks on FDI and have been relying on imports to sell in the Indian market. “We are seeing Indian companies work hard on EVs and also move up the value chain. It is important to protect them at this time so that we have a strong eco-system for green vehicles before it is opened up to competition,” said an industry executive.Several global majors, including the likes of Tesla, Mercedes and BMW, are expected to use their European facilities to export EVs to India, a large and growing market where govt is also keen on a transition to green fuel. While Tesla is currently importing its vehicles from its Chinese facilities, lower tariffs are expected to result in shipments from the company’s German plant.The Centre’s scheme to allow lower duty import of electric cars for a limited period in return for investment in three years saw no response as some of the auto makers are waiting for the trade deals to be finalised before taking a call on their plans.

Goyal seeks investment from Liechtenstein

Commerce and industry minister Piyush Goyal on Wednesday invited companies from Liechtenstein to invest in India and leverage the India-EFTA trade pact to expand their presence. India and the four-nation European bloc EFTA implemented a free trade agreement last year. Goyal was in Liechtenstein for an official visit.



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GDP data shows govt set to meet fiscal deficit target


GDP data shows govt set to meet fiscal deficit target

NEW DELHI: The latest GDP numbers at current prices will provide cheer to the Centre’s budget team as it works out the final set of numbers for the current fiscal year.Although the nominal GDP growth was estimated at 8%, slower than the 10.1% assumed at the time of presenting the budget, the latest data released by the National Statistics Office on Wednesday estimated full year GDP at Rs 3,57,13,886 crore, marginally higher than the Centre’s projection of Rs 3,56,97,923 crore.

GDP data shows govt set to meet fiscal deficit target

Sticking To Receipts, Spending Projections Seen Holding Key

The Centre had budgeted for a fiscal deficit of Rs 5,23,846 crore, or 4.4% of GDP. Based on the NSO’s first advance estimate, it will be marginally lower, provided govt is able to stick to its receipts and expenditure projections.While the tax revenue growth has been weak, there is support from higher dividend transfer by RBI to govt. Moreover, in the fiscal year so far, govt has gone slow on revenue expenditure, while strongly pushing capital expenditure.What complicates matters is the slower growth in nominal GDP due to low inflation that will have a bearing on taxes.“While the tax revenue growth has been weak, there is support from higher dividend transfer by RBI to govt. Moreover, in the fiscal year so far, govt has gone slow on revenue expenditure, even while strongly pushing the capital expenditure,” added Rajni Sinha, chief economist at CareEdge.In the last budget, finance minister Nirmala Sitharaman had announced direct tax cuts and yet budgeted to stick to the deficit reduction plan. But the move to reduce GST rates on 375 items is expected to impact collections, both for the Centre and the states.Sitharaman has, however, stuck to her deficit targets in the post-Covid period, giving analysts hope that this year’s revised estimates will be no different.“Nominal growth, on the other hand, will be softer at 8% this fiscal compared with 9.8% in fiscal 2025. The gap between real and nominal GDP growth estimates, at 0.6 percentage point, is at its lowest level in the 2011-12 series. The lower nominal GDP growth puts some pressure on deficit targets as these are measured as a percentage of nominal GDP,” ratings agency Crisil said in a note.



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Denver Nuggets vs Boston Celtics regular season game: Full injury report, who’s out, where to watch, nd more (January 7, 2026) | NBA News


Denver Nuggets vs Boston Celtics regular season game: Full injury report, who's out, where to watch, nd more (January 7, 2026)
Denver Nuggets’ Nikola Jokic and Boston Celtics’ Jayson Tatum (Image via Getty)

The Denver Nuggets play the Boston Celtics on January 7, 2026, at TD Garden. Both teams are near the top of the standings, with Denver at 24-12 and Boston at 23-12. On paper, this looks like a marquee matchup. In reality, it will be shaped by who is not on the floor.Denver will be without Nikola Jokic, and Boston will not have Jayson Tatum. With both stars out, this game shifts away from star power and toward rotations, matchups, and execution. It becomes a test of depth rather than a showcase of MVPs.

Denver Nuggets vs Boston Celtics Injury report and roster impact (January 7, 2026)

Jokic is sidelined with a left knee bone bruise. Denver Nuggets are also missing Cam Johnson (right knee bone bruise), Jonas Valanciunas (right calf strain), and Tamar Bates (left foot surgery). The Nuggets’ availability is further clouded by several questionable tags: Jamal Murray (left ankle sprain), Aaron Gordon (right hamstring strain), Christian Braun (left ankle), and Tim Hardaway Jr. (illness).Boston Celtics’ list is shorter but still significant. Tatum is out with an Achilles issue, and Josh Minott is sidelined with an ankle injury. That leaves Boston leaning heavily on its remaining starters and guard rotation.

Denver Nuggets vs Boston Celtics Broadcast and viewing details (January 7, 2026)

Tip-off is set for 7 p.m. ET. The game will air nationally on ESPN. Local coverage is available on NBC Sports Boston and ALT/KTVD. Streaming options include Fubo and other NBA-approved platforms.

Team stats snapshot

Stat Nuggets (Rank) Celtics (Rank)
Points Per Game 124.4 (1st) 117.8 (12th)
Points Allowed 118.3 (22nd) 110.5 (2nd)
Field Goal % 50.8% 47.4%
Rebounds Per Game 43.3 44.1 (17th)
Assists Per Game 29.1 (5th) 24.0 (29th)
Record (Home/Road) 10-8 / 14-4 11-5 home

Denver scores more than anyone in the league but allows points at a high rate. Boston scores less but defends at an elite level.

Players who matter most

If he plays, Murray carries Denver Nuggets’ offense. He averages 25.4 points and 7.2 assists and shoots 44.7 percent from three. Gordon adds 18.9 points and 5.9 rebounds, while Peyton Watson has averaged 12.2 points with an expanded role.For Boston Celtics, Jaylen Brown leads the way at 29.6 points and 6.3 rebounds. Derrick White and Payton Pritchard provide steady scoring and spacing from the backcourt.

Denver Nuggets vs Boston Celtics Matchup history and outlook

The teams have split their last four meetings, though Boston won both games in 2025. Denver games have often gone over the 233.5 total, and the combined scoring averages sit well above that line. Boston is favored at home, but Denver’s 14-7 road record suggests a close game. A narrow Celtics win, around 120-115, fits the matchup without either team’s top star.



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How Maduro’s ‘guru’ Sri Sathya Sai Baba became a household name in Venezuela


When Nicolas Maduro was brought to the court, he invoked God in a New York courtroom this week, which sounded like a familiar political plea. He said, “In the name of God, you will see that I will be free,” and “I am a man of God.Behind the fallen Venezuelan strongman’s courtroom theatrics lies an unlikely spiritual devotion — not to Rome, but to an Indian guru revered by millions as a “man of miracles.”

‘Maduro Gets Up & Imitates My Dance’: Trump Confirms ‘Final Provocation’ For Venezuela Attack

Maduro, who was born Catholic in a Catholic-majority nation, was among prominent Venezuelan politicians described as devotees of the late Indian guru Sri Sathya Sai Baba. Others included Maduro’s wife, Cilia Flores, a former president of the country’s National Assembly, and acting President Delcy Rodriguez.Sai Baba, known as a “man of miracles” with tens of millions of followers worldwide, was believed by devotees to have abilities ranging from healing the sick to materialising objects seemingly out of nowhere. Visitors to Maduro’s private office in Miraflores Palace in Caracas would have seen a large framed portrait of Sai Baba alongside those of former leaders Hugo Chávez and Simón Bolívar.Maduro reportedly became an ardent follower of the fuzzy-haired Sai Baba through his wife Cilia Flores, a lawyer and lawmaker in her own right, who was a devotee long before she married Maduro.It was Flores who brought Maduro to India long before they got married to meet Sai Baba in 2005, when she was a lawyer for former President Hugo Chavez and Maduro was speaker of the Assembly. Flores eventually replaced Maduro as the speaker when he was appointed foreign minister.A 2005 photograph showed Maduro and Flores, who was the first of the duo to follow Sai Baba, kneeling on the floor during a visit with the guru at his Prasanthi Nilayam Ashram in the southern state of Andhra Pradesh, India. Several photos and videos showed Rodriguez at the ashram in 2023 and 2024, bowing in respect to the spiritual leader.When Sai Baba died in 2011 at age 84, Maduro had the Venezuelan government issue an official condolence resolution and declare a national day of mourning. On Sai Baba’s birthday in November 2025, just weeks before the collapse of Maduro’s regime, he issued a public statement, described as one of his last with a nonpolitical message. “I always remember him when we met. … May the wisdom of this great teacher continue to enlighten us,” Maduro said, describing the guru as a “being of light.

How Sathya Sai Baba become household name in Venezuela?

Sathya Sai Baba, born Sathyanarayana Raju in 1926, was reportedly 14 years old when he announced to his parents that he was the reincarnation of the revered 19th-century Hindu and Muslim saint Shirdi Sai Baba. Often recognised by his curly hair, Sathya Sai Baba preached “love all, serve all,” “help ever, hurt never” and similar messages that pointed to service, or seva, as central to spiritual growth. His message extended beyond religious affiliation, and he was followed by people of all backgrounds who used bhajans, chants and psalms in their weekly worship. The widely used logo for Sai Baba and his organisations contained the symbols of five major religions.Sai Baba was also accused of sexual misconduct by several young male devotees, as reported in a 2006 BBC documentary. In 1993, six young male devotees were allegedly killed by police in Sai Baba’s bedroom, in a highly speculative case where the police claimed they shot in self-defence.The Sri Sathya Sai International Organisation operated several foundations, trusts and charities in more than 120 countries, providing humanitarian relief through free hospitals, schools, ashrams, universities and clean drinking-water projects, according to the organisation’s website. There were almost 2,000 Sathya Sai Centers worldwide. In the Americas, the organisation had an official presence in 22 Latin American countries, and many pointed to Venezuela as having the highest concentration of followers. More than 30 small groups or official centres were located in Venezuela, with devotees from the Andes Mountains to within Amazonian tribes at the southernmost tip. Official organisational talks and meetings were regularly conducted in Spanish, and a devotional song titled “Mi Destino” was introduced by a Sri Sathya youth group in Venezuela in 2016.The first, unofficial Sai Center opened in Caracas in 1974. In 1988, Ana Elena Diaz-Viana was elected the centre’s inaugural president. Diaz-Viana said many devotees, including herself, encountered spiritual miracles that drew them to Sai Baba. She told RNS she saw a man in white robes and a “big afro” in a dream when she was 25 and then recognised him in a documentary called “The Lost Years of Jesus” five years later.In 1988, Diaz-Viana joined a group of 64 Venezuelans to meet Sai Baba at the ashram. She said she wrote a letter asking him to help the poor of the country and watched as a red light gleamed under his hand as he materialised a lingam, or a symbol of divine energy, in the palm of his hand. She said he walked to her and gave her the lingam, telling her to wash it and “give the water to the poor people of Venezuela who do not have money to buy medicines and for those who are going to die.

West inclined towards spiritual Guru

This is not new in Western countries. In West, there are several spiritual Gurus or leaders who have a strong followers list. In the late 1960s and 1970s, a parade of gurus burst on the scene, attracting mainly young seekers. Represent a variety of lineages and emphasizing different aspects of dharmic teachings, they included Swamis Satchidananda, Vishnudevananda, Muktananda and Rama, plus Srila Prabhupada, Bhagwan Sree Rajneesh (aka Osho), B.K.S. Iyengar, Pattabhi Jois and the most famous of all, Maharishi Mahesh Yogi. In addition, certain masters who never came to the West—Ramana Maharshi, Sri Aurobindo and Neem Karoli Baba, to name just three—have nevertheless had a big impact, thanks to individuals who propagated their teachings in America. And gurus continue to come to America, of course; the most popular today being Sri Sri Ravi Shankar and Mata Amritanandamayi (Amma).



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Virat Kohli’s family brutally attacks Sanjay Manjrekar over Test retirement remarks


Following Joe Root‘s promising form in the longest format of the game, former Indian cricketer Sanjay Manjrekar recalled Indian great Virat Kohli and claimed that Kohli should not have given up so quickly on the format he once loved and could have rather staged a fightback.

The Test format has once again gained popularity in recent times, and England’s Joe Root has been the irreplaceable king of the format. He has been the highest run-getter in WTC history and has been unstoppable in every season for England.

Steve Smith from Australia and Kane Williamson from New Zealand have also had their own good seasons, but Virat Kohli has averaged 31 in the last 5 years of his career. Kohli finally announced his retirement from the format in 2025.

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Sanjay Manjrekar brutally attacked Virat Kohli on his Test retirement

Following Kohli’s retirement, former Indian cricketer Sanjay Manjrekar went on to comment that the veteran Indian batter should have attempted a fightback instead of just turning his back on the longest format of the game.

Manjrekar also launched an extensive attack on the Indian batter, claiming that despite his remarkable fitness, he gave up too early on Test cricket, when his peers in England, Australia and New Zealand, who were part of the Fab-4, are still scoring runs with ease.

Manjrekar’s words were not taken lightly by the Indian fans, as they seemed infuriated by the scathing attack on their legend and the player intending to call him a coward, one of the most aggressive stars in the longest format of the game.

Virat Kohli’s brother launches a stinging attack on Sanjay Manjrekar

After the attack on Virat Kohli, Vikas Kohli, the elder brother of the Indian cricketer, has now responded with a tweet against Sanjay Manjrekar’s words. The Indian cricketer’s brother mocked Manjrekar, who has been attacked due to such audacious claims in the past.

Mocking the former Indian batter, Vikash Kohli wrote, “Seems like Logon ki Daal Roti nahi chalti….Bina Virat Kohli ka naam liye hue.”

His attack seemed a direct attack on the former player, trying to get some attention using Virat Kohli’s name. Virat is such an icon of world cricket that even his name can have a massive impact on viewers.

Virat Kohli is nearing 28000 international runs

Virat Kohli has retired from the Test and T20 formats of the game but continues to feature for India in the 50-over format. A true veteran of the format, Kohli is the second-highest run-scorer in the format and the highest century getter in the history of the format.

Kohli, who is just a few runs away from the 28000 run mark in international cricket, would also be taking the least number of innings to reach the landmark, as he still has 19 innings to spare. Another 42 runs would also take him past Kumar Sangakkara to be the second-highest scorer in international cricket, only behind Sachin Tendulkar.

Kohli would have an opportunity to level the records in the upcoming series against South Africa, where India will play three ODI matches starting from the 11th of January.

ALSO READ: Shreyas Iyer health update: Bombshell report reveals real status ahead of New Zealand ODIs





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Gunfight erupts in J&K’s Kathua after sighting of terror suspects | India News


Gunfight erupts in J&K’s Kathua after sighting of terror suspects
Representative image (PTI Photo)

JAMMU: A gun battle broke out between security forces and terrorists in the forests in the upper reaches of Billawar, in J&K’s Kathua district, on Wednesday, where a group of two-three ultras was suspected to be hiding. Around 4pm that evening, locals had reported spotting a terror suspect in Kamad Nallah area.“On being alerted, a joint team of security forces, including SOG Kathua and CRPF personnel, rushed to the area and launched a massive search operation. Holed-up terrorists opened fire at the search party, triggering an encounter. As the firefight erupted, the ultras ran into the forest,” an official said.IGP (Jammu Zone) Bhim Sen Tuti, in an X post, stated that the troops were relentlessly engaging the terrorists despite “darkness, thick vegetation and treacherous terrain”. Officials said the area had been cordoned off. The operation remained in progress till late Wednesday.Earlier this month, a village defence guard (VDG) fired warning shots in the air on Jan 2, upon observing suspicious movement near his house in Dessa village, Doda district, following which security forces launched an anti-terror operation in the area. On Dec 31, 2025, a similar operation was carried out in Dali village in Rajouri district’s Kalakote area based on a VDG’s report about suspicious movement.A string of counter-terror operations has been underway in the upper reaches of Doda, Kishtwar and Ramban districts in Chenab region, and the border areas along Udhampur and Kathua districts, to track and kill ultras on the move. Such operations were also continuing in the two frontier districts of Rajouri and Poonch, and Reasi district, which shares a border with Rajouri-Ramban in Jammu division and Kulgam in south Kashmir.



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Medical college row: Omar says Jammu’s loss, blames protesters for ‘destroying’ students’ future; BJP & Hindu groups celebrate | India News


Medical college row: Omar says Jammu’s loss, blames protesters for ‘destroying’ students’ future; BJP & Hindu groups celebrate

SRINAGAR: BJP and Hindu groups on Wednesday celebrated the National Medical Commission’s decision to withdraw permission to Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in Reasi, Jammu, to run an MBBS course from 2025-26 academic session, while J&K chief minister Omar Abdullah reacted sharply, accusing them of playing with the future of students.As activists of Shri Mata Vaishno Devi Sangharsh Samiti — a conglomerate of Hindu social and religious organisations that led an agitation against the admission of non-Hindu students to the shrine board-run medical college — held victory marches in Jammu, burst crackers and danced, Omar on Wednesday evening said it was unfortunate that people were celebrating the “closure of a medical college”. “In other parts of the country people fight to get such institutions,” he said. “If you are happy to destroy the future of our children, then go ahead and burst crackers.”The Sangharsh Samiti had been protesting since Nov against the admission of 42 Muslim students, mostly from Kashmir, in the first batch of 50, with only seven Hindus and one Sikh among the selected candidates. Its contention was that an institution funded by Shri Mata Vaishno Devi Shrine Board should give preference to Hindu students and those who have faith in Mata Vaishno Devi.CM Omar said within two years, the institute’s intake capacity would have risen to 400, of which about 250 would have come from Jammu. “Now, no one will get those seats because the college has been closed in the name of religion,” he said. Students who fail to secure admission in medical colleges in future should remember the role played by the Sangharsh Samiti in closing this institute, he added.On Tuesday, barely an hour before the NMC order, the CM had said the medical college was not worth running given the religious politics played around it, and had suggested shutting it down. “In the given scenario, I don’t feel the students themselves would like to study there. We request GoI and the health ministry to adjust these children in other colleges. Had I been a parent of these students, I wouldn’t send them there,” Omar had said.Although NMC stated that the Letter of Permission was being withdrawn as an inspection found non-compliance with minimum standards, the Sangharsh Samiti claimed it was a result of its prolonged agitation. “This is our first major victory,” its representatives said at a news briefing, adding, “Our current protest has ended but there are more issues, like the Shrine Board Act which needs amendment.”BJP’s J&K president and Rajya Sabha member Sat Sharma, too, welcomed the NMC decision, and thanked LG Manoj Sinha and Union health minister J P Nadda, for withdrawal of permission while safeguarding the interests of selected students.Kashmir-based parties, however, slammed the decision, terming it Jammu’s loss, and blamed BJP. NC minister Javed Rana said admissions in educational institutions shouldn’t be sought on the basis of religion. He accused BJP of “communalising” the issue of admissions in SMVDIME.PDP called it “a ruthless setback” for Jammu region, and blamed BJP. “People of Jammu must wake up to the reality that religious polarisation only sabotages their future. This entire episode was cynically engineered by BJP for narrow political gains in the name of religion, and it is Jammu that has been made to pay the price,” PDP youth wing president Aditya Gupta said.



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World Cup ready! Shadab Khan leads Pakistan to commanding win over Sri Lanka in 1st T20I | Cricket News


World Cup ready! Shadab Khan leads Pakistan to commanding win over Sri Lanka in 1st T20I
Shadab Khan of Pakistan (Photo by Robert Cianflone/Getty Images)

Pakistan flexed their T20 credentials with a commanding six-wicket triumph over Sri Lanka in the opening match of their three-game series in Dambulla on Wednesday, sending a clear warning ahead of the T20 World Cup. The series, seen as a rehearsal for the tournament that Sri Lanka will co-host with India, carries extra weight for Pakistan, who will play all their World Cup matches on the island due to ongoing political tensions with India. Sri Lanka were restricted to a modest 128, thanks largely to a devastating opening spell from Shadab Khan. Making a comeback after shoulder surgery and his first appearance since June last year, the leg-spinner struck twice in his first over, setting the tone for Pakistan’s dominance.

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“When you are coming back from injury it is tough. You have to start from zero but the surface was helping me. We have our eyes on the World Cup. With all our games being played here in Sri Lanka, this is a very good series for us,” said Shadab, who was named player of the match. Abrar Ahmed backed him up with figures of 3-25, while left-arm pacer Salman Mirza mopped up the tail, finishing with 3-18. Chasing the target, Sahibzada Farhan raced to 50 in just 25 balls, putting Sri Lanka under immediate pressure. Farhan anchored the innings with a fluent 51 off 36 balls, including four fours and two sixes, guiding Pakistan home with 20 balls to spare. For Sri Lanka, the loss compounded a difficult run-up to the series, marked by the sacking of captain Charith Asalanka, the removal of chairman of selectors Upul Tharanga, and coaching reshuffles. Captain Dasun Shanaka reflected on the issues: “We didn’t get a good start and lost too many wickets. That is an issue we need to address. We recovered well and should have got over 150, but we lost quick wickets.” Pakistan’s emphatic win showcased their form and depth, while Sri Lanka are left scrambling for answers ahead of Friday’s second T20I.



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