India's state-run oil marketing companies (OMCs) are projected to incur under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27 if current loss levels persist, according to rating agency Icra.
A US-sanctioned tanker carrying Iranian crude oil is heading to India, marking the resumption of oil imports from Iran after seven years.
Iran's representative in India, Abdul Majeed Hakeem Ilahi, describes the ongoing tensions between Iran and the US-Israel alliance as a state of 'no war, no peace,' calling for an immediate halt to the conflict and questioning the lack of pressure on the US and Israel to cease aggression.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
Prime Minister Narendra Modi will chair a meeting with senior ministers to review the petroleum, power, and fertiliser sectors in light of the evolving situation in West Asia, focusing on ensuring uninterrupted supply and stable logistics.
An India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) successfully crossed the Strait of Hormuz and arrived at Jawaharlal Nehru Port Authority (JNPA), demonstrating the resilience of maritime operations amid geopolitical tensions in West Asia.
Families in Ambari village are anxiously awaiting news of their relatives stranded in Iran amid escalating conflict, with limited communication and growing concerns for their safety.
Kolkata's Brigade Parade Ground, a historic venue for political rallies and demonstrations, is set to host the swearing-in ceremony of Bengal's first BJP government, marking a significant shift in the state's political landscape. The ground has been a stage for political heavyweights and pivotal moments in Bengal's history.
India has strongly advised its nationals to avoid travelling to Iran due to the deteriorating security situation and widespread anti-government protests.
US Central Command (CENTCOM) released footage of a maritime operation where Marines boarded an Iranian-flagged vessel, the Touska, in the Gulf of Oman, leading to heightened tensions and threats of retaliation from Iran.
India's Billie Jean King Cup Asia/Oceania Group I tie against Thailand is hanging in the balance after rain interrupted play. Vaishnavi Adkar lost her debut match, while Sahaja Yamlapalli's match was suspended.
Tamilaga Vettri Kazhagam chief Vijay, buoyed by the support from the Left parties, on Friday called on Governor Rajendra Vishwanath Arlekar at the Lok Bhavan in Chennai in connection with securing an invite from him to form the government.
The Lok Sabha has passed a bill recognising Amaravati as the sole and permanent capital of Andhra Pradesh, solidifying the city's status after years of debate and uncertainty. The bill aims to prevent future changes to the capital and received support from both the ruling NDA and the opposition Congress, while the YSR Congress Party opposed the bill.
The 4th India Sporting Goods Fair (ISGF) is set to take place, showcasing athletic gear and equipment from across the country, as the government pushes to establish India as a global hub for sports goods manufacturing.
The Indian government has addressed Parliament regarding a case of an Indian national seeking repatriation from Russia due to the situation in West Asia and the Gulf region. The government also responded to queries about Indian nationals denied entry to South Korea and seafarers detained in foreign countries.
The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.
Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.
Israeli Ambassador to India, Reuven Azar, has refuted rumours circulating about Prime Minister Benjamin Netanyahu's death, attributing the disinformation to Iran and its allies.
The 4th India Sporting Goods Fair (ISGF) showcases athletic gear and equipment from 75 exhibitors, highlighting the government's commitment to promoting sports goods manufacturing in India.
The embassy also said that the exit must be undertaken in coordination with the mission.
Israel Weapons Industries (IWI) has delivered the first batch of NEGEV 7.62x51 light machine guns to India under the 'Make in India' initiative, marking a significant step in India-Israel defence cooperation and indigenous defence manufacturing.
Key discussions focused on major defence procurements, including India's plan to acquire six additional P-8I aircraft for anti-submarine warfare. The deal, estimated at around Rs 30,000 crore, is under advanced negotiations.
India significantly increased piped natural gas (PNG) connections in March as the government accelerates the expansion of cleaner fuel networks amid global supply disruptions.
JPMorgan has downgraded Indian equities to 'neutral' from 'overweight', citing elevated valuations, rising earnings risks, and limited exposure to next-generation technology like AI. The brokerage believes other emerging markets offer more attractive risk/reward propositions despite India's strong structural growth story.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
Suryakumar Yadav was seen practicing in the nets ahead of Mumbai Indians' IPL match against Sunrisers Hyderabad, while Rohit Sharma's availability remains uncertain due to a hamstring injury.
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.
The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.
Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
India has strongly condemned Pakistan's air strikes within Afghan territory, emphasising the need to respect Afghanistan's sovereignty and territorial integrity following civilian casualties and infrastructure damage.
Ehsan Malinga shines amid a record SRH chase against MI, claiming the Purple Cap with a disciplined spell and continuing his impressive rise in IPL 2026.
Airfares to Ahmedabad have surged as cricket fans travel to the city for the T20 World Cup final. Indian Railways has introduced special trains to manage the increased demand.
Saikia stressed that the Indian cricket board will continue to adhere to the policy formalised by the government.
US Vice President J D Vance is expected to travel to Islamabad for peace talks with Iran to end the seven-week war, amid a fragile ceasefire and ongoing tensions.
Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem, drawing lessons from recent global conflicts and highlighting the importance of self-reliance in drone technology.
Amidst escalating tensions in West Asia, India strongly condemns the recent attacks on energy infrastructure, warning of further destabilisation to the already uncertain global energy market.
India has provided Afghanistan with 2.5 tons of medical supplies to assist those injured in a recent airstrike by Pakistan, which resulted in numerous casualties. This act underscores India's commitment to supporting the Afghan people during a difficult time.
The IMD has issued an orange alert for heatwave conditions in parts of Kerala, prompting authorities to urge caution. Maximum temperatures are expected to reach up to 41 degrees Celsius in some districts. Strict guidelines have been issued, including the suspension of vacation classes and rescheduling of working hours.
Iranian officials allege a US airstrike on Mashhad airport damaged a Mahan Air plane set to collect vital medical aid from India.
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