S&P Global Ratings warns that a sustained rise in crude oil prices to $130 per barrel could significantly slow India's economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, potentially reducing growth by up to 80 basis points.
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.
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.
'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'
Exit polls predict a BJP victory in Assam and an edge in West Bengal, a DMK government in Tamil Nadu, and a Congress-led UDF comeback in Kerala.
Mitchell Starc's return to the Delhi Capitals after an injury layoff proved pivotal as he delivered a match-winning performance against Rajasthan Royals in IPL 2026.
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.
The embassy also said that the exit must be undertaken in coordination with the mission.
Exit polls suggest significant shifts in Indian state assembly elections, forecasting BJP gains in West Bengal and Assam, a DMK comeback in Tamil Nadu, and a tight race in Kerala.
Struggling former champions Mumbai Indians and Chennai Super Kings will be eyeing consistency as they await the return of their former captains Rohit Sharma and Mahendra Singh Dhoni.
Mumbai Indians will be looking to turn their fortunes around against Sunrisers Hyderabad in a crucial IPL clash. MI's campaign is at stake after a string of defeats, while SRH are in good form and aiming to continue their winning momentum.
A 21-member Indian athletics team, led by Animesh Kujur, will participate in five events at the World Athletics Relays in Gaborone, Botswana. The team includes eight women and will focus on events including the mixed relays and men's relays.
Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.
Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.
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.
A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).
The Wrestling Federation of India (WFI) barred an under-17 wrestler from the National Championships after her father presented two different birth certificates, highlighting concerns about document verification.
The OECD projects India's GDP to grow at 7.6% in the current fiscal year and 6.1% in 2026-27, despite global economic challenges stemming from the Middle East conflict and energy price volatility.
The Wrestling Federation of India (WFI) barred an under-17 wrestler from the National Championships after her father presented two different birth certificates, highlighting issues in document verification.
India rebounded from a loss to Thailand with a dominant 3-0 victory over New Zealand in the Billie Jean King Cup, showcasing strong performances from Vaishnavi Adkar and Sahaja Yamalapalli.
India is set to compete in the Billie Jean King Cup Asia-Oceania Group I ties, aiming for promotion to the 2026 play-offs. Despite a setback with Shrivalli Bhamidipaty's withdrawal, the team hopes to capitalise on home advantage.
Notorious drug trafficker Mohammad Salim Dola, a close aide of fugitive gangster Dawood Ibrahim, has been remanded in the Narcotics Control Bureau's custody until May 8 in connection with a 2023 drugs seizure case.
India's passenger vehicle (PV) industry is projected to experience moderated growth in FY27, following a strong rebound in H2FY26, primarily due to the high base effect, absorbed pent-up demand, and the lingering impact of geopolitical tensions in West Asia.
Ruling Congress in Karnataka on Monday retained Bagalkot and Davanagere South assembly seats, giving a respite to Chief Minister Siddaramaiah and the party leadership, amid the ongoing power tussle over the leadership issue.
'Among the leaders whose names are going around, V D Satheesan is the leader who will fit this kind of situation.'
Mohammed Shami says he will retire only when "bored", questions India snub and lack of clarity after strong domestic form and return to fitness.
Lucknow Super Giants are set to receive a significant mid-season boost with Australia batter Josh Inglis likely to join the squad ahead of their IPL clash against Mumbai Indians on May 4.
'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'
Leading jewellery companies, Titan Company and Kalyan Jewellers India, have reported better-than-expected top-line growth in Q4 FY26, driven by robust same-store sales growth, higher average ticket sizes, and an improvement in buyer growth, signalling a strong recovery in demand.
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.
As Vijay is set to lead Tamil Nadu after a historic electoral win, we take a look back at films that built his mass appeal while affirming how cinema shaped his larger-than-life public persona.
The Bombay High Court has directed the Union government to decide by May 4 on posthumously conferring the Padma Vibhushan award to wrestler Khashaba Dadasaheb Jadhav, India's first individual Olympic medallist.
The Indian rupee appreciated by 23 paise to settle at 92.91 against the US dollar, driven by a weakening American currency, retreating crude oil prices, and renewed foreign institutional investor (FII) inflows amid increasing hopes of easing geopolitical tensions.
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.
Mumbai Indians face a must-win clash against in-form Sunrisers Hyderabad at Wankhede as Hardik Pandya's struggling side look to revive their IPL 2026 campaign.
US-based Redwood Software has inaugurated its global centre in Hyderabad, designating it as its primary operational location. The centre will focus on AI-powered automation and aims to enhance Redwood's ability to manage operations across hybrid IT environments. Redwood plans to hire over 300 new employees by the end of 2027.
The report said ships must submit full documentation, obtain clearance codes and accept IRGC-escorted passage through a designated corridor.
ICC CEO Sanjog Gupta discusses the globalisation of cricket, highlighting India's crucial role and the impressive performances of Associate nations in the T20 World Cup.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
A new MoU between the Centre for Cellular and Molecular Platforms (C-CAMP) and Imperial College London has paved the way for deepening India-UK ties in the life sciences sector.
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