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News of the day: India fastest growing major economy in the world, President addresses joint sitting of Parliament and more

Here are the latest developments from India and abroad


India's economy is projected to slow to 6.5 per cent in the fiscal year starting April but will remain the fastest growing major economy in the world as it fared better in dealing with the extraordinary set of challenges the globe has faced, the Economic Survey 2022-23 said on Tuesday.

India's gross domestic product (GDP) growth of 6.5 per cent in 2023-24 compares with an estimated 7 per cent expansion in current fiscal year (April 2022 to March 2023) and 8.7 per cent in the previous year.


In her first address to the joint sitting of Parliament as the Budget session began, she said 'Amrit Kaal', described by the government as the 25-year period culminating in the centenary of India's independence, is the time to build an India which is 'aatmanirbhar' (self reliant) and also fulfils its humanitarian obligations.

The President also talked on the topic of poverty, terrorism, corruption eradication and women empowerment.  


Billionaire Gautam Adani out of world's top 10 richest list as Adani Group stocks extend decline as per Bloomberg billionaires index. 

Shares of most of the Adani Group firms were trading in the negative territory on Tuesday morning, falling for the fourth day running, amid concerns over US-based short seller Hindenburg Research's report.

Gautam Adani's crucial $2.5 billion share sale achieved a full subscription on Tuesday as investors pumped funds into his flagship Adani Enterprises, despite a scathing short-seller's report which had pummelled the Indian billionaire's stocks. 

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Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Tuesday said the state capital will be shifted to Visakhapatnam.

Speaking at the preparatory meeting for the Global Investors Summit to be held in Visakhapatnam in March, he said he also would be shifting his office to the port city in the months to come.

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A court in Gandhinagar on Tuesday sentenced self-styled godman Asaram Bapu, convicted in a rape case filed by a former woman disciple in 2013, to life imprisonment.

The 81-year-old is currently lodged in a Jodhpur jail, where he is serving life sentence in another case of raping a minor girl at his ashram in Rajasthan in 2013.


Air traffic to Kashmir was restored on Tuesday, a day after snowfall snapped connectivity to the Valley, officials said.

Air connectivity to and from the Valley was restored on Tuesday morning after the weather improved. Flight operations resumed as the weather stayed dry and the visibility improved, they said. Passenger train moves on snow covered Srinagar-Qazigund railway track after train services resumed a day after fresh heavy snowfall, in Srinagar. 


West Bengal Chief Minister Mamata Banerjee on Tuesday alleged that the BJP-led central government is “confusing people” in the name of implementing the Citizenship (Amendment) Act.

Banerjee also claimed that she and her party Trinamool Congress have been taking care of the Matua community people, whose roots are in Bangladesh, and blamed the BJP for trying to approach them as a “friend” in the name of the CAA.


The death toll from a powerful suicide bombing at a crowded Peshawar mosque in northwestern Pakistan rose to 93 on Tuesday after rescue teams retrieved more bodies from the debris, police said.

The outlawed Tehreek-e-Taliban Pakistan (TTP) has taken responsibility for the attack which took place inside the mosque in the high-security Police Lines area on Monday.  Rescue officials on Tuesday recovered the severed head of the suspected suicide bomber who they believe blew himself up inside a mosque packed with worshippers during the afternoon prayers on Monday in the high-security zone in Pakistan's restive northwestern Peshawar city.


A Delhi court on Tuesday granted bail to Shankar Mishra, accused of urinating on a woman co-passenger on an Air India flight from New York to Delhi.

Additional Sessions Judge Harjyot Singh Bhalla granted the relief on a personal bond of Rs 1 lakh.


Oreva Group Managing Director Jaysukh Patel on Tuesday surrendered before a court in Morbi in connection with last year's suspension bridge collapse tragedy in which 135 people were killed.

Patel was named as an accused in the chargesheet filed by police on January 27. He surrendered before the court of chief judicial magistrate which had issued an arrest warrant against him.

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