India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
Speculation about a possible rapprochement or merger between the Congress and the Trinamool Congress (TMC) has exposed deep divisions within the Congress's West Bengal unit, with senior state leaders vocally opposing any alliance with Mamata Banerjee.
The government is considering using the Indian Air Force to transport NEET-UG papers to ensure a secure retest on June 21, following allegations of malpractices in the original exam.
Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.
Indian benchmark indices Sensex and Nifty experienced a decline in early trade, mirroring weak global market trends and persistent outflows from foreign institutional investors (FIIs), exacerbated by ongoing geopolitical uncertainties in West Asia.
Maharashtra's Chief Minister inaugurated the 'Missing Link' project on the Mumbai-Pune Expressway, designed to bypass a steep mountain pass, reduce travel time, and boost economic activity.
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.
Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
The Indian trio of Deepika Kumari, Ankita Bhakat, and Kumkum Mohod secured the women's recurve team gold medal at the Archery World Cup Stage 2 in Shanghai, defeating China in a tense shoot-off. India finished the campaign with two medals, including a bronze in the men's individual compound section.
Mamata Banerjee alleges BJP rigged the West Bengal elections and announces plans for a nationwide anti-BJP alliance. She also protests against post-poll violence and arrests of TMC workers.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
The Bihar government has suspended two senior IAS officers, Yogesh Kumar Sagar and Abhilasha Kumari Sharma, following corruption charges based on findings shared by the Enforcement Directorate (ED) and the Special Vigilance Unit (SVU). The officers are accused of obtaining undue monetary benefits through bribery and commissions.
SKY didn't realise that a non-performing captain starts losing respect of the dressing room. If someone fails to score consistently for more than a year, he would find it extremely difficult to actually instruct his teammates to execute his plans.
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
Citizens and residents across the Gulf region are preparing for Eid amidst regional conflict, impacting festivities and daily life.
Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.
Frankly, was it really necessary in the middle of a fratricidal war for External Affairs Minister S Jaishankar to travel to Abu Dhabi for a one-on-one with the sheikh on April 12?Or, for National Security Advisor Ajit Doval to follow up on April 26? Or, for PM Narendra Modi to follow through today? There are no easy answers, notes Ambassador M K Bhadrakumar.
The National Testing Agency (NTA) has strongly refuted social media claims regarding an alleged leak or sale of the NEET-UG 2026 re-examination question paper, labelling them as 'false, fraudulent, and intended to mislead' by 'organised cheating rackets'.
'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'
Experts' worries intensified after Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, last month.
The Indian women's recurve team, consisting of Deepika Kumari, Ankita Bhakat, and Kumkum Mohod, secured a gold medal at the Archery World Cup Stage 2 in Shanghai, defeating China in a tense shoot-off. This victory marks India's first World Cup women's team gold since 2021 and follows a stunning semi-final win against South Korea.
India has expressed condolences over the death of Iran's Supreme Leader Ayatollah Ali Khamenei following a joint US-Israel strike, amidst rising tensions in West Asia and criticism over the sinking of an Iranian warship.
An expert from the ICMR's National Institute of Virology addresses concerns about hantavirus cases detected on a cruise ship, stating there is no immediate public health threat to India and that the cases appear isolated.
An Indian national was killed in an attack on Kuwait International Airport, prompting the Indian Embassy to offer condolences and assistance. The attack, attributed to Iranian strikes, led to the suspension of air traffic and caused casualties and damage.
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.
An Indian national was killed and several others injured in a drone attack on Kuwait International Airport, leading to the suspension of air traffic and significant damage. This incident marks the tenth Indian fatality since hostilities between the US and Iran began in February, with other Indians also affected by regional conflicts in UAE, Saudi Arabia, and Oman.
The Ministry of External Affairs (MEA) reports that over 1,150 Indian nationals have been evacuated from Iran through land borders into Armenia and Azerbaijan since the start of the West Asia conflict. The MEA also confirmed that three Indians were injured in attacks in the UAE.
'Something could happen to me... I understood that day itself that what they had sent me was a final warning.'
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
Airtel, which upgraded all postpaid customers to priority plans, argued that the service did not throttle or degrade the experience for its prepaid customers, forming the majority of its 368 million customers in the country.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
India's manufacturing sector experienced a mild recovery in April, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 54.7 from 53.9 in March. However, inflationary pressures intensified, with input costs increasing at the fastest pace since August 2022, largely attributed to the Middle East conflict.
India's defence expenditure surged to $92.1 billion in 2025, making it the world's fifth-largest military spender, according to SIPRI data. This 8.9 per cent year-on-year rise was primarily driven by operational and procurement needs following heightened regional tensions with Pakistan in May 2025.
Pakistan is reportedly pursuing Chinese J-35 stealth fighters while China already operates hundreds of J-20 stealth aircraft.
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
