"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Maharashtra Congress leader Naseem Khan met with the representative of Iran's Supreme Leader in India to express condolences for the deaths of Ayatollah Khamenei, soldiers, and civilians in the West Asia conflict.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
Kuwait's air defence systems engaged 'hostile aerial targets', Jordan intercepted four missiles, and Bahrain sounded warning sirens after Iran launched retaliatory strikes targeting US military installations in the region.
The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.
As Sonam Wangchuk's hunger strike enters its 19th day, critics question why the government has remained silent despite mounting concerns over student welfare, observes Harishchandra.
India commenced its U-19 Asian Boxing Championships campaign with impressive victories from Chandrika Pujari and Joyshree Devi. Chandrika secured a unanimous 5-0 win, while Joyshree forced an RSC. The campaign continues with U-23 men's boxers entering the ring, highlighting India's strong contingent and the championships' role in developing young talent.
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.
Ayush Shetty won a silver medal at the Badminton Asia Championships, losing to Shi Yu Qi in the final. Despite the loss, it was a remarkable achievement for the unseeded player.
Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.
The Prime Volleyball League (PVL) has been officially recognised by the FIVB as India's first division professional volleyball league, marking a significant milestone for the sport in the country. This recognition allows PVL clubs to compete in international tournaments and aligns the league with global standards. The fifth season of PVL is scheduled to begin on November 30, with a players' auction on August 17 in Goa. This development is expected to further strengthen Indian volleyball's performance on the international stage.
Prime Minister Narendra Modi has welcomed the understanding between the United States and Iran to end the conflict in West Asia, expressing hope that the pact will restore peace, stability, and ensure freedom of navigation in the region. The deal, aimed at ending a 107-day war that caused a global energy crisis, is set for signing on June 19.
Indian benchmark indices, Sensex and Nifty, staged a moderate rebound after a significant correction in the previous session, driven by foreign fund inflows and a largely positive trend in global markets, though geopolitical tensions between the US and Iran continued to foster caution.
The parents of Jerin George, a native of Haripad in Kerala, have appealed to authorities to help bring their son home after he became stranded on an Iranian ship due to the conflict in West Asia.
The Indian women's cricket team has secured a spot in the 2028 Los Angeles Olympic Games as the top-ranked Asian team in the ongoing T20 World Cup. The men's team will need to be the continental leaders in world rankings by the end of 2026 to qualify directly. Cricket is making its return to the Olympics after a century, featuring six teams in both men's and women's competitions, with qualification criteria unveiled by the ICC.
Top commanders of the Indian Navy will discuss the implications of the West Asia crisis on India's energy security and review operational readiness at a three-day conference.
Indian women's assistant volleyball coach Radhika Paruchuri believes that franchise-based leagues, like the upcoming Volleyball Champions League, are crucial for transforming Indian volleyball. She highlights their potential to provide much-needed match exposure for young players, strengthen the talent pipeline, and help identify and nurture new talent, ultimately raising the standard of the sport in India. Paruchuri also notes the decline in Indian women's volleyball due to a lack of international exposure and domestic competition, which these leagues aim to address.
90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.
State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.
India's retail inflation rose to 4.38 per cent in June, driven primarily by costlier food items, pushing it above the Reserve Bank of India's median target of 4 per cent for the first time under the new series.
Young Indian shuttler Ayush Shetty progressed to the men's singles quarterfinals of the Badminton Asia Championships, while PV Sindhu was eliminated in the women's event.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.
It, however, conceded that 20 per cent blending of ethanol with petrol leads to 3-5 per cent lower mileage in vehicles than conventional petrol, but said the blend offers a significantly higher octane rating, superior anti-knock properties, faster combustion, better pickup, smoother acceleration, and cleaner engine operation.
Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.
Harjai Milkha Singh and Krish Chawla led India to victory in the boy's team event at the APGC Junior Golf Championship in Colombo, finishing one shot ahead of South Korea and Thailand. Harjai also secured a runner-up finish in the individual category.
'Our leaders, including Mallikarjun Kharge and Rahul Gandhi, are in touch with all Opposition parties, including the DMK and the AAP.'
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
India's Ayush Shetty defeated world number four Jonathan Christie to reach the men's singles semifinals of the Badminton Asia Championships.
India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
Brazilian aerospace company Embraer has secured type certification from India's aviation regulator, DGCA, for three of its commercial jets (E195-E2, E190, and E195). This approval, alongside an existing certification for its E175 jet, paves the way for Embraer to expand its presence in India's regional aviation market, supported by a strategic MoU with Adani Defence & Aerospace for a Final Assembly Line in Dholera, Gujarat.
India is set to host the Asian Senior Fencing Championships for the first time from June 19-24 in New Delhi, featuring athletes from 34 countries, including Olympic medallists. The event is a direct qualifier for the Asian Games and offers ranking points for the 2028 Los Angeles Olympics, with Indian Olympian Bhavani Devi leading the home challenge.
The government will lift restrictions on the sale of petrol and diesel to commercial and industrial consumers from July 1, easing emergency measures imposed to manage fuel supplies.
An Indian national was killed in a missile attack on Riyadh, bringing the total number of Indian fatalities in the West Asia conflict to six. The Indian embassy in Riyadh has expressed condolences and is providing assistance to the family.
India's Ayush Shetty defeated world number 7 Lin Shi Feng of China in straight games at the Badminton Asia Championships, advancing to the second round.
The Centre for Studies of International Relations (CSIR) has established the International Centre for Civilizational Studies "Manas and Mahabharata" in Bishkek, Kyrgyzstan, in collaboration with the Manas National Academy. The inauguration also saw the release of the first Hindi translation of the Kyrgyz epic "Manas," aiming to foster scientific, educational, and cultural cooperation between India and Kyrgyzstan.
India's Ayush Shetty secured a spot in the Badminton Asia Championships final after defeating top seed Kunlavut Vitidsarn in a thrilling three-game match.
