Elevated global crude oil and natural gas prices, driven by geopolitical developments in West Asia, could significantly influence the Government of India's fiscal position for 2026-27, according to a report by ratings agency Icra.
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.
Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.
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.
India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.
Benchmark indices Sensex and Nifty ended lower on Thursday, snapping a three-day rally, amid a weak trend in global stock markets.
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.
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.
The local administration in Jammu has demolished the residential property of a drug peddler as part of its ongoing crackdown on narcotics.
External Affairs Minister S Jaishankar discussed the West Asia conflict and its impact on energy supplies with his Russian counterpart Sergey Lavrov and EU's Foreign Policy chief Kaja Kallas.
From 2022 to 2024, X, Facebook, and WhatsApp emerged as the primary platforms associated with the spread of fake news in India.
Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.
Vikram Doraiswami, a seasoned diplomat, has been appointed as India's new ambassador to China, succeeding Pradeep Kumar Rawat. This decision comes as both countries attempt to improve bilateral relations following a period of strain.
India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.
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.
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.
A Gujarati play about Nathuram Godse, Mahatma Gandhi's assassin, was cancelled in Ahmedabad after protests by Youth Congress and NSUI activists who claimed it glorified Godse. The play had previously faced disruptions in other Gujarat cities.
Eid al-Fitr was celebrated across India with prayers for peace and brotherhood, alongside protests condemning US-Israel actions in West Asia.
The ministry of external affairs on Monday said that a joint statement could not be issued following the BRICS deputy foreign ministers and special envoys on the Middle East and North Africa (MENA) meeting, which took place on April 24 in the national capital, as member countries were unable to reach a general consensus concerning the conflict in West Asia.
Fleur Hassan-Nahoum, special envoy, foreign ministry of Israel, has asserted that the situation has effectively been a "multi-front regional conflict" since its inception, while claiming significant military and strategic gains against adversarial forces.
Gurugram Police have launched an enquiry after a video surfaced on social media showing a man physically assaulting a woman near Bristol Chowk. Bystanders did not intervene. Police are working to identify the man despite no formal complaint being filed.
As he settled down to his job as army chief, General Qamar Javed Bajwa -- who died last week; his passing did not merit even an obituary in major print or electronic media in Pakistan! -- developed a vision of reducing his country's and his institution, the army's traditional hostility toward India, points out Rana Banerji, who headed the Pakistan desk at RA&W.
Former Central Command chief David H Petraeus suggests the US and Iran are likely to extend their ceasefire beyond the initial two-week period, citing willingness from both sides to continue negotiations.
Tensions escalate between Iran and the US following an attack on an Iranian commercial vessel in the Sea of Oman, with both sides trading accusations over maritime security and ceasefire violations.
China has initiated screening procedures for travelers arriving from regions affected by the Nipah virus, including India. While no cases have been detected in China, health authorities are taking precautionary measures due to the ongoing outbreak in India.
Beijing has been wary of Sanae Takaichi's efforts to boost Japan's military profile since taking office six months ago, points out Dr Rajaram Panda.
When asked about Bessent's announcement allowing certain Russian oil sales to India and whether the US is considering any other moves, including tapping the Strategic Petroleum Reserve (SPR), Trump said, "If there were some, I would do it just to take a little of the pressure off."
The first phase of the West Bengal assembly elections saw a high voter turnout across 152 constituencies, with nearly 90 per cent of electors participating till 5 pm. Polling was conducted amid tight security, with reports of clashes and intimidation in some areas.
India's electric vehicle (EV) market experienced a significant surge in financial year 2025-26 (FY26), with e4W registrations nearly doubling and e2Ws growing by over 20%, propelled by expanding charging infrastructure, diverse model launches, and accessible financing.
India's market landscape is undergoing significant shifts, with bank-backed brokerages potentially regaining dominance over discount platforms due to regulatory changes and increased taxes, while the IPO pipeline faces a slowdown amid heightened global volatility.
India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.
Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.
BJP's Panihati candidate Ratna Debnath faced protests by TMC workers when she visited a booth in the assembly constituency in West Bengal's North 24 Parganas district where polling was underway. She also accused the ruling party activists of preventing her from leaving the booth premises, following an altercation with them over an allegation of influencing voters.
The ministry of petroleum and natural gas on Friday reiterated that India has sufficient stock of crude oil, petrol and diesel, while ensuring an uninterrupted supply of LNG and LPG despite disruptions caused by the ongoing West Asia conflict.
Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.
Indian companies, however, are now paying a premium of $6-$7 a barrel for Russian oil, compared with discounts of $8-$10 a barrel before the start of the conflict.
Mumbai Indians, struggling in the current IPL season, will face Lucknow Super Giants, hoping for key players like Hardik Pandya and Suryakumar Yadav to perform well. Both teams are grappling with batting failures, impacting their chances of reaching the playoffs.
The escalating conflict in West Asia has resulted in 19 ships carrying essential energy resources for India being stranded in the Strait of Hormuz, raising concerns about potential disruptions to the country's energy supply.
The Reserve Bank of India (RBI) net-bought $7.4 billion from the spot foreign exchange market in February, its highest buy since March 2025, before heavily intervening by selling dollars in March as the rupee declined over 4 per cent following a spike in crude oil prices.
The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.
