The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.
The US-China rapprochement, however tenuous, is not without implications for India. Both China and Pakistan have become closer to the US, notes Ambassador T P Sreenivasan.
A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.
India's eight core infrastructure sectors recorded a two-month high growth of 1.7 per cent in April, primarily boosted by strong performances in steel, cement, and electricity production, according to government data.
The new Index of Industrial Production (IIP) series, which shifts the base year from 2011-12 to 2022-23 and is scheduled for release on June 1, will, for the first time, track rare earths and minor minerals, piped natural gas (PNG), and water supply, sewerage and waste management.
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.
Faridabad police have arrested a husband and wife from Mumbai for allegedly defrauding people of approximately Rs 31 crore through fraudulent investment schemes in forex trading and film production.
Around 80 lakh women in Maharashtra have been disqualified from the Mukhyamantri Majhi Ladki Bahin scheme after failing to meet the e-KYC deadline, leading to accusations from opposition parties that the state government is reducing beneficiaries due to financial constraints.
A state-level 'Temple Land Protection Conference' was held in Mumbai on Monday, during which participants passed a resolution demanding immediate and unconditional withdrawal of the proposed legislation, the Maharashtra Mandir Mahasangh state in a release.
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
Made in India: A Titan Story chronicles the history of the homegrown watch brand Titan, highlighting its journey from challenging a conservative market to becoming a successful consumer brand, driven by the vision of Xerxes Desai and the mentorship of J R D Tata.
Delhi Police have arrested a man from Madhya Pradesh in connection with a multi-crore bank fraud case involving forged cheques and fraudulent withdrawal of funds from an Amity University account.
'In the (election) affidavit, he had declared Rs 1,400 crores as his assets. He has educational institutions, real estate, malls, etc.'
Overseas travel spending by Indians, including holiday trips, decreased by $212.43 million to $1.09 billion in March compared to February, according to the Reserve Bank of India's latest data.
India would confront a more entrenched China, a less dependable United States, and a regional order increasingly shaped by great-power bargaining over which it exercises limited influence, notes Amberish K Diwanji.
HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.
Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.
US President Donald Trump reiterated his strong support for India and Prime Minister Narendra Modi, declaring that 'India can count on me 100 per cent' during a celebratory event marking the 250th anniversary of American independence in New Delhi.
Nearly 150 Indian Super League players, including national team members, face an uncertain future as their contracts expire amid ongoing disputes between the AIFF and clubs over the league's structure.
India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.
TMC leader Derek O'Brien highlights the Tata Group's presence and expansion in West Bengal, countering BJP claims about bringing Tata back to the state. Investments and expansions span IT, manufacturing, hospitality, and retail sectors.
Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.
Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
'We won not (only) because we were able to carry out long-range precision strikes.' 'That is, of course, one of the reasons but we had better situational awareness about what's happening than Pakistan.'
Following the deaths of 15-18 people in Pune and Pimpri Chinchwad due to spurious liquor, the Maharashtra government has suspended 22 police and excise department personnel for failing to act against the illegal liquor trade. Financial assistance has been announced for the victims' families, and a statewide crackdown on illicit liquor is underway.
Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.
Amid calls from sections of the Muslim community that cow should be declared a national animal, a look at the Constituent Assembly debates shows that two Muslim members had sought an unambiguous spelling out of the state's stance on cow slaughter, with one of them even calling for prohibiting it as part of fundamental rights.
Bajaj Finserv announced a strategic initiative to invest up to Rs 2,000 crore in artificial intelligence and technology-led startups over the next five years, along with a collaboration with IIT-Bombay for joint research.
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
A report indicates that mid-tier banking, financial services, and insurance (BFSI) entities in India are highly exposed to cyberattacks due to aggressive digitisation coupled with insufficient cybersecurity investments.
This could come as a setback to thousands of Indian engineers who have waited for years for their work visas to pave the way for the coveted Green Card.
A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and others in connection with a Rs 200-crore money laundering case. The court also ordered charges against Chandrashekhar and others for offences including those under MCOCA in a separate case.
Tamil Nadu Chief Minister C Joseph Vijay concluded his first official visit to Delhi, meeting with Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman to discuss key state issues.
India has rejected allegations of declining media freedom and erosion of religious and minority rights, asserting that the country is a vibrant democracy that guarantees free speech to all.
The All India Football Federation (AIFF) will hold a Special General Body Meeting to amend its constitution in line with the National Sports Governance Act and discuss the new commercial partner for the Indian Super League.
'Shivakumar's relationship with the BJP and the RSS is not adversarial in the way Siddaramaiah's has been.' 'Siddaramaiah has publicly attacked the RSS on record; Shivakumar has made no such statement at any point.' 'He vociferously defended the Karnataka government's celebration of Ram temple consecration with RSS-ish arguments.'
A potential agreement between the United States and Iran, including a comprehensive ceasefire and gradual lifting of US sanctions, may be announced soon, according to reports. The agreement aims to de-escalate tensions and establish a framework for resolving disputes.
