India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
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.
A man was arrested for allegedly planting an improvised explosive device (IED) in a private hospital in Pune to extort money for his medical treatment. Police confirmed there was no terrorism angle to the case.
Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today
India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.
Google's AI Search marks a shift from information discovery to information delivery.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
A man was arrested for planting an improvised explosive device in a private hospital in Pune in an attempt to extort money from the facility, according to police.
India's top track and field athletes will compete in Ranchi for a chance to represent the country at the 2026 Commonwealth Games in Glasgow. The event marks the first time the Athletics Federation of India will conduct SRY Gene Tests at the national level to ensure fair competition in the women's category. The meet will also serve as trials for the inaugural Asian U23 Championships.
Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.
NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.
The Indian National Lok Dal (INLD) staged a protest in Panchkula, alleging that the BJP government in Haryana is unfairly recruiting individuals from outside the state for government jobs, thereby depriving local youth of employment opportunities.
Despite the ongoing West Asia conflict causing global trade route disruptions, Mercedes-Benz India reports resilient customer demand, particularly for its new electric CLA sedan, though it faces challenges with component supply delays and escalating shipping costs.
'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'
Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.
The Supreme Court of India has affirmed that the right to live with dignity includes the right to live without the threat of harm from stray dogs, dismissing petitions seeking to overturn earlier directives on relocation and sterilisation.
Punjab Kings captain Shreyas Iyer admitted that his team's IPL match was lost in the powerplay after an explosive start by Royal Challengers Bengaluru and early setbacks in their chase of 223. RCB secured a 23-run victory, sealing their playoffs berth.
Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.
The family of Harshita Brella, an Indian woman murdered in London, held a prayer meeting and are campaigning for justice in the UK. Her husband, Pankaj Lamba, is charged with her murder and remains on the run.
Gujarat Titans captain Shubman Gill criticised his team's fielding performance after their loss to Kolkata Knight Riders, citing dropped catches as a key factor in the defeat.
Kolkata Knight Riders kept their playoff hopes alive with a commanding 29-run win over Gujarat Titans at Eden Gardens, powered by a blazing batting display from Finn Allen and Angkrish Raghuvanshi, despite strong resistance from GT's top order.
Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
The Delhi government's Health Department has received an audit report highlighting alleged financial and administrative irregularities within the Delhi Medical Council (DMC) between 2019 and 2025.
'This is not the end of your preparation. It is an unexpected extension of the race,' say experts.
Rishabh Pant loses India Test vice-captaincy and is dropped from the ODI squad for the Afghanistan series, while K L Rahul returns as deputy and young players earn maiden call-ups.
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
The National Medical Commission is emphasising the importance of preparing doctors and healthcare systems for the responsible and effective use of artificial intelligence, highlighting the need for ethical and equitable AI adoption in healthcare.
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.
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.
This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.
Rajasthan Royals face Lucknow Super Giants in a crucial IPL match, needing an all-round improvement to keep their playoff hopes alive. The Royals must address batting collapses and fielding errors to secure a vital win.
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.
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.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances