Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.
Australian High Commissioner to India Philip Green has praised Jasprit Bumrah, calling him the best bowler in the world.
An 11-year-old boy's simple act of serving Indian soldiers during Operation Sindoor has become an inspiring story. Shavan Singh voluntarily provided tea, water, and lassi to Army jawans deployed in his village along the Indo-Pak border, earning him national recognition and the title of 'Youngest Civilian Warrior'.
The Indian Olympic Association (IOA) removed Col Ashok Yadav (Retd) from the ad-hoc committee running the affairs of the Equestrian Federation of India (EFI) citing infighting and disagreements within the panel.
The Enforcement Directorate conducted searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering case investigation.
The CBI has arrested five individuals and conducted searches across India in connection with the NEET UG paper leak case. Protests have intensified, and calls for the Education Minister's resignation have grown louder. Political parties are trading blame, and the Supreme Court is considering a plea for an overhaul of the National Testing Agency.
To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.
India should not stay on the margins of this initiative. There should be a serious debate about what would be in India's best interests asserts former foreign secretary Shyam Saran.
Delhi Police have heightened security across the city ahead of Hanuman Jayanti following the arrest of a suspected Lashkar-e-Taiba handler allegedly planning terror strikes. Enhanced surveillance and restrictions are in place to ensure peace during the festival.
Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.
Karnataka Home Minister G Parameshwara stated that the Congress party would welcome Mallikarjun Kharge as the chief minister of the state, amid speculation about leadership change and cabinet reshuffle.
India's two-wheeler market is on the cusp of a significant transformation, with electric scooters projected to surpass motorcycles in volume terms within the next decade, driven by urbanisation, increased female workforce participation, and the accelerating shift towards electrification, according to an Equirus Securities report.
Researchers at CSIR-NCL have developed a technology for producing dimethyl ether (DME) as an alternative to liquefied petroleum gas (LPG), potentially reducing India's reliance on imports and enhancing energy security.
'Mark Mobius's life was dedicated to investing.'
Domestic LPG and commercial cylinder prices in India have seen a significant increase, driven by rising global energy costs linked to the conflict in West Asia. This marks the second price hike in less than a year, impacting households and businesses.
'He worked over time to become the natural claimant,' a senior UDF leader observed. 'Others had organisational stature, but Satheesan had momentum.' For the Congress, it may signal the beginning of a new leadership template -- one where performance, communication and grassroots credibility increasingly outweigh inherited power structures in deciding who leads the party into its next phase.
C Joseph Vijay, leader of the TVK, was sworn in as the Chief Minister of Tamil Nadu, with the oath of office administered by Governor Rajendra Vishwanath in a ceremony held at Nehru Stadium. The event was attended by Congress leader Rahul Gandhi.
Around one full month of supply is firmly arranged with additional procurement being continuously finalised, and oil companies are successfully delivering over 5 million cylinders every day.
Former India captain Sunil Gavaskar said Bumrah is trying too many variations and losing his natural rhythm. Speaking on Star Sports, Gavaskar pointed out that Bumrah has bowled several no-balls this season, something unusual for him, and has also seen a drop in pace.
New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.
Iran has reimposed restrictions on the Strait of Hormuz, with its forces opening fire on a passing tanker and forcing at least two Indian vessels to reverse course, escalating tensions in the region and raising concerns over energy supplies.
Prime Minister Narendra Modi and US President Donald Trump discussed the West Asia crisis and the importance of keeping the Strait of Hormuz open and secure. They also reviewed progress in bilateral ties and anticipated upcoming deals in the energy sector.
"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
Two-time Olympic medallist PV Sindhu is set to miss the All England Championships after being stranded in Dubai due to travel disruptions. Other Indian shuttlers face challenges reaching the tournament.
India's largest private refiner, Reliance Industries Ltd, successfully navigated a volatile energy market in the last quarter of FY26 by diversifying crude sourcing and demonstrating operational agility, particularly in response to geopolitical disruptions and cost fluctuations.
India has refuted claims of payment issues hindering crude oil imports from Iran, clarifying that refiners have the flexibility to source oil from various global suppliers. The Ministry of Petroleum and Natural Gas addressed reports of a tanker rerouting to China, emphasising standard industry practices and secured oil requirements.
Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.
Odisha police and Child Line rescued twelve boys from Bihar who were allegedly being trafficked on a train. The boys were found on the Janshatabdi Express at Bhadrak station and have been sent to a shelter home. An investigation is underway.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
Foreign investors pulled out Rs 21,000 crore (around $2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis.
Mohammad Salim Dola, a close associate of Dawood Ibrahim and a major drug trafficker, has been brought to Mumbai by the Narcotics Control Bureau (NCB) after being arrested in Turkiye and granted transit remand by a Delhi court.
West Bengal Chief Minister Mamata Banerjee has accused the BJP-led central government of attempting to suppress voting rights through voter roll revisions, describing Prime Minister Narendra Modi as the 'biggest infiltrator'. She framed the upcoming assembly elections as a fight for democratic rights and Bengal's social harmony.
Prime Minister Narendra Modi convened a meeting with senior ministers to assess the impact of the evolving situation in West Asia on India's crude oil, gas, petroleum, power, and fertiliser sectors, focusing on ensuring uninterrupted supply and stable logistics.
Sri Lanka Cricket board has called for a special Executive Committee meeting to formally seal the ouster of current chief Shammi Silva on directive from country's president Anura Kumara Dissanayake.
Suvendu Adhikari was sworn in as the first BJP chief minister of West Bengal, marking the end of the Trinamool Congress' 15-year rule in the state.
Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
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