
President Droupadi Murmu to visit Vatican City for Pope Francis' State Funeral on April 25–26
By Aditya Bhagchandani Published on April 24, 2025, 23:22 IST
President of India, Smt Droupadi Murmu, will travel to Vatican City on April 25–26, 2025, to attend the State Funeral of His Holiness Pope Francis and offer condolences on behalf of the Government and the people of India.
During the visit, President Murmu will lay a wreath at the Basilica of Saint Peter on April 25 as a mark of homage. On April 26, she will attend the funeral Mass at Saint Peter's Square, joining world leaders and dignitaries in paying their final respects to the late pontiff. India joins global mourning for Pope Francis
Pope Francis passed away on April 21, 2025, triggering an outpouring of grief worldwide. Indian Prime Minister Shri Narendra Modi offered heartfelt condolences, recalling Pope Francis's enduring affection for India and his legacy of compassion and spiritual leadership.
On April 22, Minister of State for External Affairs and Environment, Forest & Climate Change, Shri Kirti Vardhan Singh, visited the Apostolic Nunciature (Embassy of the Holy See) in New Delhi to sign the condolence book.
India has also declared three days of State Mourning in memory of the late Pope. A spiritual legacy remembered
Pope Francis, the first Jesuit and Latin American pope, will be remembered globally as a symbol of humility, compassion, and courage, who worked tirelessly to bridge divides, champion the marginalized, and uphold moral clarity in times of turmoil.
His connection with India was widely recognized through interfaith dialogues, peace-building initiatives, and his inclusive vision for humanity.
President Murmu's participation at the Vatican stands as a testament to India's deep respect for the spiritual legacy of Pope Francis and its solidarity with the Catholic community worldwide.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Exclusive-Shein and Reliance aim to sell India-made clothes abroad within a year, sources say
By Dhwani Pandya and Helen Reid MUMBAI/LONDON (Reuters) -Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months, said two people with knowledge of the matter. The China-founded, Singapore-headquartered e-commerce firm has been discussing plans with the Indian retailer since before the U.S. imposed tariffs on Chinese imports that intensified the need to diversify sourcing, the people said. The aim is to raise Indian suppliers to 1,000 from 150 within a year, they said. In a statement to Reuters, Shein said it licensed its brand for use in India. Reliance did not respond to queries. Shein sells low-priced apparel such as $5 dresses and $10 jeans shipped directly from 7,000 suppliers in China to customers in around 150 countries. Its biggest market is the U.S. where it is adjusting to tariffs on low-value e-commerce packages from China which were previously imported duty free. The retailer launched in India in 2018 but its app was banned in 2020 as part of government action against China-linked firms amid border tension with its northeastern neighbour. It returned in February under a licensing deal with the Reliance Industries unit which launched selling Shein-branded clothes produced in local factories. In contrast, Shein's other websites mainly list goods from China. Reliance, controlled by Asia's richest person, Mukesh Ambani, has contracted 150 garment manufacturers and is in discussion with 400 more, said the two people, declining to be identified due to confidentiality concerns. The goal is 1,000 Indian factories making Shein-branded clothes within a year for both the Indian market and to service some of Shein's global websites, the people said. Shein initially wants to list India-made clothes on its U.S. and British websites, one of the people said. Discussions have been ongoing for months and the launch time of six to 12 months could change depending on supplier numbers, the person said. The scale of supplier expansion and export time frame is reported here for the first time. Shein has licensed its brand for domestic use to Reliance which "is responsible for manufacturing, supply chain, sales and operations in the Indian market," Shein said in a statement. In December, Minister of Commerce and Industry Piyush Goyal told parliament that the Shein-Reliance partnership aimed to create a network of Indian suppliers of Shein-branded clothes for sale "domestically and globally". ON-DEMAND MANUFACTURING Shein is a fast-fashion behemoth earning annual revenue of over $30 billion through low prices and aggressive marketing. Most of its products are from China with some made in countries such as Turkey and Brazil. Its expansion in India mirrors interest in the country from the likes of Walmart and others throughout the global fashion and retail industries, particularly those looking for suppliers outside China due to the Sino-U.S. trade war. The Shein India app has been downloaded 2.7 million times across Apple and Google Play stores, averaging 120% on-month growth, showed data from market intelligence firm Sensor Tower. Offerings during its first four months have reached 12,000 designs, a fraction of the 600,000 products on its U.S. site. In the women's dresses category, its cheapest item is priced 349 Indian rupees ($4) versus $3.39 on the U.S. site as of June 9. Shein's Indian partner Reliance, which operates the app, is working with suppliers to assess whether they can replicate Shein's global best-sellers at lower cost, the two people said. Reliance aims to emulate Shein's on-demand manufacturing model, asking suppliers to make as few as 100 pieces per design before increasing production of those that sell well, they said. Executives from Reliance recently visited China to understand Shein's "innovative" supply chain operations, "data driven" design processes and "disruptive" digital marketing, Manish Aziz, assistant vice president Shein India at Reliance Retail, said in a LinkedIn post in which he called Shein's scale and speed "truly incredible". The partnership is one of dozens Reliance has with fashion brands, such as Brooks Brothers and Marks and Spencer. The firm also runs e-commerce site Ajio and its retail network competes with Amazon and Walmart's Flipkart as well as value retailers such as Tata's Zudio. Reliance plans to work with new suppliers to source fabric - especially fabric made using synthetic fibres where India lacks expertise - and import required machinery, the people said. The firm will invest in suppliers and help them grow which in turn will help the Shein-Reliance partnership go global, they said. Sign in to access your portfolio
Yahoo
14 minutes ago
- Yahoo
India central bank's large rate cut squeezes forward premiums, leaves rupee vulnerable, analysts say
By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) -The Reserve Bank of India's surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by pressuring already depressed foreign exchange forward premiums, several analysts said on Monday. The rupee has underperformed its Asian peers in 2025 amid weak capital flows. A narrowing interest rate differential — with the U.S. Federal Reserve moving slower than the RBI in cutting rates — suggests the Indian currency may continue to lag. MARKET REACTION The 1-month U.S. dollar/rupee forward premium — typically more sensitive to liquidity conditions — fell to 7.5 paisa, its lowest level since November. Meanwhile, the 1-year premium, which is more responsive to rate differential between the U.S. and India, declined to 1.5250 rupees, marking its lowest level in nearly a year. GRAPHIC: WHY IT'S IMPORTANT A drop in dollar/rupee forward premiums makes the rupee less attractive for carry trades, and diminishes the incentive for exporters to hedge future receivables. At the same time, it raises the likelihood that importers—who typically hedge near-term payment obligations—will step up their hedging activity. The decline in premiums - a less favourable rate differential between the U.S. and India - could leave the rupee open to sharper depreciation. CONTEXT Against the backdrop of benign inflation and the need to support growth, the Reserve Bank of India last Friday delivered a larger-than-expected 50 basis point rate (bps) cut, exceeding the 25 bps anticipated by economists. In a further easing move, the central bank slashed the cash reserve ratio for banks. KEY QUOTES "One thing the rupee had going for it is that it offered attractive carry ... with the 50-bps rate cut from the RBI, carry attraction has been reduced," Mitul Kotecha, head of FX and EM macro strategy Asia at Barclays, adding that in an environment where investors are again focussed on carry, the rupee's appeal has been diminished. Falling premiums can be a "mild added headwind" for the rupee amid globally elevated yields, Dhiraj Nim, FX strategist at ANZ Research, said, and pointed out that if India growth data weaken, there could be scope for one more rate cut. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Climate change heightens risk of Indian farmer suicides
On a small farm in India's Maharashtra state, Mirabai Khindkar said the only thing her land grew was debt, after crops failed in drought and her husband killed himself. Farmer suicides have a long history in India, where many are one crop failure away from disaster, but extreme weather caused by climate change is adding fresh pressure. Dwindling yields due to water shortages, floods, rising temperatures and erratic rainfall, coupled with crippling debt, have taken a heavy toll on a sector that employs 45 percent of India's 1.4 billion people. Mirabhai's husband Amol was left with debts to loan sharks worth hundreds of times their farm's annual income, after the three-acre (one-hectare) soybean, millet and cotton plot withered in scorching heat. He swallowed poison last year. "When he was in the hospital, I prayed to all the gods to save him," said 30-year-old Mirabai, her voice breaking. Amol died a week later, leaving behind Mirabai and three children. Her last conversation with him was about debt. Their personal tragedy is replicated daily across Marathwada, a region in Maharashtra of 18 million, once known for fertile farmland. Last year, extreme weather events across India affected 3.2 million hectares (7.9 million acres) of cropland -- an area bigger than Belgium -- according to the New Delhi-based Centre for Science and Environment research group. Over 60 percent of that was in Maharashtra. "Summers are extreme, and even if we do what is necessary, the yield is not enough," said Amol's brother and fellow farmer Balaji Khindkar. "There is not enough water to irrigate the fields. It doesn't rain properly." - 'Increase the risks' - Between 2022 and 2024, 3,090 farmers took their own lives in Marathwada, an average of nearly three a day, according to India's Minister of Agriculture Shivraj Singh Chouhan. Government statistics do not specify what drove the farmers to kill themselves, but analysts point to several likely factors. "Farmer suicides in India are a consequence of the crisis of incomes, investment and productivity that you have in agriculture," said R. Ramakumar, professor of development studies at the Tata Institute of Social Sciences. Farming across many Indian smallholdings is done largely as it has been for centuries, and is highly dependent on the right weather at the correct time. "What climate change and its vulnerabilities and variabilities have done is to increase the risks in farming," Ramakumar said. This "is leading to crop failures, uncertainties... which is further weakening the economics of cultivation for small and marginal farmers." The government could support farmers with better insurance schemes to cope with extreme weather events, as well as investments in agricultural research, Ramakumar said. "Agriculture should not be a gamble with the monsoon." - 'Make ends meet' - Faced with uncertain weather, farmers often look to stem falling yields by investing in fertilisers or irrigation systems. But banks can be reluctant to offer credit to such uncertain borrowers. Some turn to loan sharks offering quick cash at exorbitant interest rates, and risking catastrophe if crops fail. "It is difficult to make ends meet with just farming," Mirabai said, standing outside her home, a tin-roofed hut with patch-cloth walls. Her husband's loans soared to over $8,000, a huge sum in India, where the average monthly income of a farming household is around $120. Mirabai works on other farms as a labourer but could not pay back the debt. "The loan instalments piled up," she said, adding that she wants her children to find jobs outside of farming when they grow up. "Nothing comes out of the farm." The agricultural industry has been in a persistent crisis for decades. And while Maharashtra has some of the highest suicide rates, the problem is nationwide. Thirty people in the farming sector killed themselves every day in 2022, according to national crime records bureau statistics. At another farm in Marathwada, 32-year-old farmer Shaikh Imran took over the running of the family smallholding last year after his brother took his own life. He is already more than $1,100 in debt after borrowing to plant soybean. The crop failed. Meanwhile, the pop of explosives echoes around as farmers blast wells, hoping to hit water. "There's no water to drink," said family matriarch Khatijabi. "Where shall we get water to irrigate the farm?" ash/pjm/sah/cms