Chinese President Xi Jinping has arrived in Pyongyang for his first official visit in seven years, meeting with North Korean leader Kim Jong-un to reaffirm their long-standing friendship and pledge further development of bilateral relations amidst Pyongyang's deepening military ties with Moscow and China's assertions against Japan's 'new militarism'.
Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
Iran's Foreign Ministry spokesperson Esmaeil Baghaei has accused the United States of frequently changing its positions and complicating efforts to reach an understanding, stating that these shifts disrupt diplomatic processes and prolong negotiations. He also linked any potential agreement with the US to an immediate ceasefire in Lebanon, accusing Israel of escalating conflict to derail diplomatic efforts.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Foreign investors have withdrawn a record Rs 1.14 lakh crore from Indian equities in March, driven by geopolitical tensions, a weakening rupee, and concerns about crude oil prices.
Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.
Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.
US Secretary of State Marco Rubio will visit India for four days to strengthen bilateral relations, holding talks with Indian leaders and attending the Quad foreign ministers' meeting.
US President Donald Trump has unveiled a newly refurbished Boeing 747-8i, previously owned by Qatar, which will serve as the new Air Force One. This luxury jet, featuring a red, white, and navy blue livery, replaces the older aircraft and will act as a "bridge" until new planes from Boeing are delivered by 2028. The aircraft underwent significant security modifications and is set to begin commissioning flights soon.
'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'
Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.
US Secretary of State Marco Rubio arrived in Kolkata for a four-day diplomatic tour to India, marking the first visit by a US secretary of state to the city in 14 years. His itinerary includes meetings with Indian officials, energy talks, and a Quad Foreign Ministers Meeting.
Pakistan's Interior Minister Mohsin Naqvi visited Tehran for the third time recently to mediate peace amidst rising tensions between the US and Iran. Pakistan is actively leading diplomatic efforts to de-escalate the conflict in West Asia, which has impacted global energy markets and trade.
'It shows that access to these technologies cannot be taken for granted.'
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
Anthropic has labelled the US government's directive to suspend its Fable 5 and Mythos 5 AI models as a "misunderstanding" and is actively working to restore access, warning that the current standard for narrow jailbreak findings could "essentially halt all new model deployments for all frontier model providers."
Iranian Foreign Ministry spokesperson Esmail Baghaei stated that Iran is instead working with Oman to establish a mechanism for the safe passage of ships through the Strait.
Trump further alleged that Iran was behind the attacks on three vessels carrying Indian seafarers near the Hormuz Strait, which resulted in the deaths of three, despite the US Central Command having confirmed that the strikes were carried out by American naval forces, calling the incident "totally unacceptable."
Myanmar President U Min Aung Hlaing assured Prime Minister Narendra Modi that Myanmarese territory would not be allowed to be used against India's security interests, as the two leaders held wide-ranging talks to boost bilateral ties in trade, defence, and energy.
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
Mizoram has long maintained one of the country's strictest prohibition regimes.
A devastating fire at a bed and breakfast hotel in Malviya Nagar, South Delhi, has claimed 21 lives, including foreign nationals. The incident has brought intense scrutiny to the densely packed area, a popular hub for patients seeking affordable accommodation near Max Hospital, raising serious concerns about fire safety compliance and building norms in such establishments.
A grenade attack at a private hospital in Punjab's Gurdaspur district resulted in damage to the emergency ward, but no injuries. Police swiftly arrested a suspect with links to a foreign-based handler, and an investigation is underway to uncover the entire network behind the attack.
Under the proposal, if a foreign carrier does not operate flights to a particular Indian airport for 'four consecutive IATA seasons', the regulator may suspend that airport authorisation.
The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.
United States President Donald Trump and Iranian President Masoud Pezeshkian have virtually signed a 14-point memorandum of understanding (MoU) to end hostilities, reopen the Strait of Hormuz, and begin a 60-day negotiation process on sanctions and Iran's nuclear programme.
Top leaders from the US, Iran, and Pakistan, along with other nations, have gathered in Switzerland for high-level talks aimed at restoring peace in West Asia. These negotiations follow a recently signed Memorandum of Understanding between the US and Iran, initiating a 60-day window for a deal. Discussions focus on Iran's nuclear programme and the fragile interim peace deal, amidst renewed tensions and the fluctuating status of the Strait of Hormuz.
The US and Iran have agreed on a roadmap aimed at reaching a final agreement within 60 days after hours-long talks at the Swiss resort of Burgenstock, mediators Qatar and Pakistan said on Monday, describing the progress as "encouraging."
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
Army, Navy and Air Force commanders received enhanced powers to address urgent operational requirements quickly.
Students and families must stress test repayment capacity based on Indian salary standards.
The Indian government has officially refuted social media claims regarding a leak of the UPSC Civil Services Preliminary Examination question paper. The Press Information Bureau's Fact Check wing labelled these allegations as "fake," clarifying that an institute's backdated answer key explanations were misinterpreted, not indicative of a leak.
US Secretary of State Marco Rubio says relations between India and the US have not lost momentum and are set to strengthen, with hopes for a trade deal soon.
Delhi Police are investigating a deadly hotel fire in Malviya Nagar that killed 21 people, arresting the owner and probing alleged violations of building norms, fire safety lapses, and illegal construction. The hotel reportedly operated more rooms than permitted and lacked a fire NOC.
The Delhi High Court has quashed cases registered by the Delhi Police and the Enforcement Directorate against news portal NewsClick and its editor-in-chief Prabir Purkayastha, citing that the continuation of the FIR was 'a gross abuse of the process of law' and the investment was an economic decision that 'did not spell out any criminal offence'.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Salaried taxpayers should not use these forms blindly to file their income-tax returns.
IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.
