Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower following the collapse of US-Iran negotiations, which heightened concerns of a prolonged conflict in West Asia and drove crude oil prices sharply higher.
Indian benchmark indices Sensex and Nifty closed lower for the second consecutive day, driven by investor caution over conflicting geopolitical signals from West Asia and fresh foreign institutional investor (FII) outflows.
Barely days after losing control of its legislature party in the West Bengal assembly, the Trinamool Congress is now staring at an even bigger political nightmare -- the possibility of the rebellion spreading to its parliamentary ranks.
Congress leader Jairam Ramesh said there are some parties that have expressed their inability to attend this particular meeting for their own reasons.
South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.
The Reserve Bank of India (RBI) has debunked reports of gold sales, stating that its physical stock of gold remains unchanged at 880.52 tonnes, countering claims of selling approximately USD 12 billion to protect foreign-currency reserves.
US Secretary of State Marco Rubio met with Pakistan's Foreign Minister Ishaq Dar amid American demand that countries mediating the peace talks with Iran join the Abraham Accords and establish diplomatic and economic ties with Israel.
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.
Police in West Bengal have arrested 17 people, including an Indian Secular Front (ISF) candidate, in connection with the alleged confinement of judicial officials during a protest over voter list deletions in Malda district.
The Sports Ministry has launched a certification system for cycle-friendly institutions and campuses, with several prominent academies and universities set to be felicitated for their sustainable mobility practices during the 'Sundays on Cycle' event.
CID officers visited the residence of Trinamool Congress MLA Nayana Bandyopadhyay to investigate an alleged discrepancy in her signature in the West Bengal Assembly attendance register.
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.
India's toll collection growth is projected to moderate to 5-7 per cent year-on-year in FY27, a 150-200 basis points reduction, primarily due to the economic impact of the West Asia conflict and a slowdown in commercial traffic, according to Crisil Ratings.
India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.
The Rajya Sabha witnessed a heated debate between the opposition and the government regarding a discussion on the West Asia crisis, with accusations of political maneuvering and failure to uphold the dignity of parliamentary positions.
India's procurement of Venezuelan crude oil has picked up momentum since April and the South American nation has already emerged as the third largest oil supplier to the country.
External Affairs Minister S Jaishankar discussed the West Asia conflict's impact on the global economy, particularly energy security, with US Secretary of State Marco Rubio. He also engaged with GCC ambassadors and his Sri Lankan and German counterparts on the same issue.
Union Home Minister Amit Shah addressed rallies in West Bengal, promising to address infiltration issues, resolve the Gorkha issue, and tackle corruption if the BJP wins the upcoming elections.
India and Bangladesh are scheduled to hold bi-annual Director General-level border talks in Delhi next week, focusing on border fencing, attacks on BSF personnel, infiltration, cross-border crimes, and illegal migration.
Pakistan's Punjab government has announced the reopening of all public and private educational institutions after implementing fuel-saving measures due to the conflict in West Asia. The decision comes as fuel supply stabilises and the government secures national fuel stocks.
West Bengal Sports Minister Nisith Pramanik has announced an investigation into Diamond Harbour FC, a football club linked to TMC leader Abhishek Banerjee. The probe will examine complaints regarding the club's formation, funding sources, expenditure, and alleged illegal occupation of training grounds. The Sports department is collaborating with the Indian Football Association on the inquiry.
A Trinamool Congress (TMC) councillor of the Kolkata Municipal Corporation (KMC), Biswajit Mondal, has been arrested on charges of assaulting and molesting a woman. The arrest follows a complaint filed on June 1, detailing an incident from March 2024, and comes amidst a series of arrests of KMC councillors on various charges.
Prime Minister Narendra Modi will hold a video conference with chief ministers of most states to assess their preparedness and strategies in response to the ongoing conflict in West Asia.
Apart from Kakoli Ghosh Dastidar, the Barasat MP, those attending the meeting included TMC MLAs Anisur Rahaman Biswas of Deganga, Bina Mondal of Swarupnagar, Mohammad Abdul Matin of Haroa and three more legislators from the Basirhat subdivision of North 24 Parganas district.
Trinamool Congress leader Mamata Banerjee has declared that removing the BJP from power is her life's mission, alleging election rigging and vowing to support TMC workers. She announced a nationwide anti-BJP programme and protested against post-poll violence and government actions.
A 35-year-old man has been arrested in Uttar Pradesh in connection with the murder of Chandranath Rath, an associate of West Bengal Chief Minister Suvendu Adhikari. The arrest follows inputs from the CBI, which is investigating the murder that occurred in West Bengal on May 6.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
Kerala, Tamil Nadu and West Bengal have been fiscally stressed for a considerable period of time, and there are no easy ways to mobilise revenues to meet the cost of the promised freebies, particularly in the prevailing difficult economic scenario, points out M Govinda Rao.
Pakistan is hosting a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the conflict in West Asia and explore avenues for peace. The summit includes discussions on regional developments and meetings with Prime Minister Shehbaz Sharif.
Gurugram police have arrested five individuals in connection with a Rs 42.92 lakh digital arrest scam. The fraudsters posed as CBI officers, intimidated a victim, and coerced them into transferring a large sum of money. The arrested individuals include account holders and those who withdrew the defrauded cash.
West Bengal Chief Minister Mamata Banerjee has accused the BJP of attempting to illegally include voters from outside the state in West Bengal's electoral rolls, alleging a coordinated effort to interfere with democratic rights.
A month after losing power in West Bengal and facing a rebellion by 58 MLAs, the Trinamool Congress (TMC) confronts an unprecedented challenge to Mamata Banerjee's absolute authority, raising questions about the party's survival and future.
Commerce and Industry Minister Piyush Goyal announced that India expects to operationalise nine free trade agreements (FTAs) within the next 10 months, with plans for an additional three to four significant pacts over the coming year, reinforcing India's ambition to become a global manufacturing and investment hub.
National Security Advisor Ajit Doval called for decisive action against terrorism and said there cannot be 'double standards' in the fight against it, while addressing an international security forum in Russia.
Vaibhav Sooryavanshi made a stunning disclosure about how a bold personal goal powered his record-breaking campaign for Rajasthan Royals.
The Islamic Revolutionary Guard Corps (IRGC) on Sunday issued a stark warning that American and Israeli universities in West Asia could be treated as 'legitimate targets' in retaliation for alleged United States and Israeli strikes on Iranian academic institutions and cultural infrastructure.
West Bengal's Chief Electoral Officer is reviewing CCTV footage following allegations by the Trinamool Congress that a BJP representative improperly submitted voter enrolment forms. The investigation aims to address concerns about potential violations of electoral regulations and ensure the integrity of the voter list.
Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.
The Enforcement Directorate conducted fresh searches at multiple premises in West Bengal as part of a money laundering probe linked to arrested Kolkata Police officer Shantanu Sinha Biswas and an alleged criminal Biswajit Poddar alias Sona Pappu.
The CBI has arrested Naveen Kumar Singh in connection with the murder of Chandranath Rath, an associate of West Bengal Chief Minister Suvendu Adhikari. The arrest was made in Ballia, Uttar Pradesh, and firearms potentially used in the murder have been recovered.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances