Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.
What began with an apparently chance encounter between rebel TMC MLA Ritabrata Banerjee and Chief Minister Suvendu Adhikari at Banga Bhavan on May 22 ended on Wednesday with 58 MLAs wresting control of the party's legislature wing, electing Ritabrata as their leader and securing recognition from the assembly Speaker.
The appointment of Kerala's Chief Electoral Officer as the Chief Minister's secretary has ignited a political firestorm, raising questions about election credibility and sparking accusations of hypocrisy among political parties.
The absence of many TMC legislators from a major protest programme has triggered political chatter, raising questions about the party's unity and ability to transition into an effective opposition after its recent electoral defeat in West Bengal.
Union Minister J P Nadda criticised the Trinamool Congress (TMC) government in West Bengal, accusing it of disregarding democratic procedures, the judiciary, and the Election Commission of India. He alleged that the rule of law has been compromised in the state, particularly concerning the special intensive revision of electoral rolls.
Anil Kumble has expressed his admiration for Vaibhav Sooryavanshi's consistent power-hitting in the ongoing IPL season. Kumble highlighted Sooryavanshi's record-breaking sixes and overall performance, noting the pressure it places on his opening partner, Yashasvi Jaiswal.
Lok Sabha MP Kakoli Ghosh Dastidar has resigned from all organisational posts of the Trinamool Congress, following public expressions of disappointment with the party leadership and attending a meeting against party instructions.
The Indian central government has reduced its total expenditure by approximately 60,000 crore in FY26, below its revised estimate, to successfully achieve the fiscal deficit target of 4.4 per cent of gross domestic product (GDP), according to the latest data from the Controller General of Accounts (CGA).
Punjab AAP president Aman Arora criticised Union Minister Ravneet Singh Bittu for alleged misconduct and objectionable behaviour towards police personnel in Dhuri, following an incident where Bittu intervened in the detention of a BJP leader during the election silent period.
The United States and Iran could be set to announce an agreement soon to achieve a complete solution to the hostilities in West Asia, as reported by Saudi state media Al Arabiya on Wednesday, citing sources familiar with the ongoing negotiations.
The National Payments Corporation of India (NPCI) is set to consider linking the ATM interchange fee to the Wholesale Price Index (WPI), alongside a potential hike from the current 19 to 21-22, which could impact customer charges for transactions beyond the free limit.
A truck driver was killed and a police constable injured in Manipur's Ukhrul district when suspected militants attacked a convoy of goods vehicles. The Chief Minister condemned the attack and vowed to restore peace.
Prime Minister Narendra Modi addresses the Rajya Sabha, detailing India's strategies to navigate the global energy crisis sparked by the West Asia conflict, including securing diverse energy sources and expanding strategic oil reserves.
The 87th Inter-State Sub-Junior and Cadet National Table Tennis Championships begin in Gandhidham, with 32 teams competing for the boys U-15 title. West Bengal enters as the favourite, while other states like Tamil Nadu and Maharashtra are expected to challenge.
Former India all-rounder Vijay Shankar joined the marquee player pool ahead of the Lanka Premier League Season 6 draft, alongside stars like Moeen Ali, Wanindu Hasaranga and Angelo Mathews.
'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'
Sunrisers Hyderabad assistant coach James Franklin called Vaibhav Sooryavanshi a "freakish" generational talent after the 15-year-old smashed 97 off 29 balls and broke Chris Gayle's IPL six-hitting record.
West Bengal Chief Minister Suvendu Adhikari announced that Bangladeshi infiltrators detained in the state will be handed over to the BSF instead of being produced in courts, following a new rule. Instructions have been issued to the police and RPF to directly transfer detainees to the BSF at the Bangladesh border, with weekly reports submitted to the CMO.
Amid rising tensions in West Asia, China is urging all parties to cease military operations, following Trump's appeal for help in securing the Strait of Hormuz.
A 40-year-old pedestrian was killed after being hit by a speeding car on Ring Road in Rajouri Garden, Delhi. Police have identified and apprehended the 19-year-old driver and are investigating the incident.
Manipur Police arrested four members of the proscribed UNLF (Pambei) and recovered a large cache of weapons, including assault rifles and an RPG launcher, in Imphal West district.
The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.
Mamata Banerjee has expressed shock over the attack on her nephew and party MP Abhishek Banerjee, raising questions about security arrangements and his subsequent treatment at a hospital. She alleged that there was pressure on doctors regarding his treatment and that the incident could have had fatal consequences.
India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.
Thane police have solved the murder of a Mumbai-based tailor within 48 hours, arresting two men after discovering the victim was killed over an unpaid loan of Rs 3 lakh. The method of tying the victim provided a crucial clue to investigators.
Pakistan's Interior Minister Mohsin Naqvi has been in Tehran meeting with Iranian officials in an attempt to mediate and resolve the ongoing conflict between the US and Iran. This marks Naqvi's second visit in less than a week as Pakistan seeks to bridge the differences between the two nations and establish long-term stability in the region.
A young boy was killed and another person critically injured in an LPG cylinder explosion at a garage in Budge Budge, South 24 Parganas district, West Bengal.
Former footballer Aditi Chauhan and ex-hockey captain M M Somaiya will observe Vinesh Phogat's Asian Games trial, representing the IOA and Sports Ministry.
Pakistan is set to host a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the ongoing conflict in West Asia and explore avenues for peace negotiations.
Rajasthan Royals' Vaibhav Sooryavanshi narrowly missed the fastest IPL century but broke Chris Gayle's record for most sixes in an edition during the Eliminator clash against Sunrisers Hyderabad.
Suzuki Motorcycle India Ltd (SMIPL) has revised its domestic two-wheeler sales growth estimate for FY27 downwards from 7-8 per cent, citing rising commodity costs due to the ongoing West Asia conflict and its impact on consumer affordability.
'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'
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.
The Delhi Police have appealed to the Delhi High Court to cancel the bail granted to a teacher in a case involving the alleged rape of a three-year-old girl at a private school in Janakpuri, west Delhi. The court has also granted time for the main accused to respond to the police's plea against his bail.
Deportations of Indians have increased in recent years from several countries like the UAE, USA, Malaysia, Myanmar.
India addresses the escalating conflict in West Asia, outlining its diplomatic efforts to ensure energy security, the safety of its citizens, and advocating for a peaceful resolution through dialogue.
West Bengal Chief Minister Mamata Banerjee has declared that the TMC will proceed with its planned sit-in protest against alleged attacks on party leaders and workers, as well as the Railways' hawker eviction drive, despite the police denying permission for the event.
In a lengthy post on Truth Social, Trump said negotiations with Iran were 'proceeding nicely' and argued that several Muslim and Arab nations should formally recognise Israel and join the Abraham Accords once a deal is reached.
Police and eyewitnesses have revealed that the car used in the murder of Chandranath Rath, an aide to West Bengal Chief Minister Suvendu Adhikari, was purchased in Ballia. The CBI and Uttar Pradesh STF are intensifying raids to locate Gyanendra Pratap Singh, a key figure in the case.
Delhi Police have arrested three individuals, including a history-sheeter, in connection with the snatching of Rs 5 lakh from a man in Punjabi Bagh earlier this month. Police recovered Rs 2.15 lakh and the motorcycle used in the crime. Investigations are ongoing to apprehend the remaining suspects and recover the remaining amount.
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