Crude oil prices surged over 3% in futures trade after US President Donald Trump expressed doubts about the Iran ceasefire, reigniting fears of supply disruptions from West Asia and pushing Brent crude above USD 107 per barrel.
Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, driven by strong performance in banking shares and positive sentiment from Asian markets, alongside optimism surrounding the ongoing US-China Summit.
The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.
V D Satheesan was sworn in as Kerala's Chief Minister, with Governor Rajendra Vishwanath Arlekar administering the oath of office. The swearing-in ceremony was attended by prominent political figures, including Congress leaders and Chief Ministers of Congress-ruled states.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
Most defections originated from three major parties -- the Congress, BJP and BSP.
The country's billionaire count rose 58 per cent over the past five years to 207 in 2026.
Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.
Market maven Andrew Holland on why India missed the AI wave, why FIIs are leaving, why he personally invests in cryptocurrencies and why he's still betting big on the country.
The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.
Chinese President Xi Jinping warned that the Taiwan issue could lead to clashes and even conflicts between China and the United States if not handled properly. He emphasised the importance of safeguarding peace and stability across the Taiwan Strait for stable relations.
Ludhiana Police have busted a large cyber fraud racket, arresting 132 people involved in running fake call centres that targeted foreign nationals through various online scams.
Apple CEO Tim Cook expresses strong optimism about the Indian market, citing its potential for growth and the company's recent successes in the region.
Jammu and Kashmir Police chief Nalin Prabhat issued a stern warning to Pakistan-based gangster Shahzad Bhatti for 'pumping narcotics' into India, vowing to dismantle his network.
Tamilaga Vettri Kazhagam (TVK) chief Vijay is unlikely to take oath on Thursday as chief minister as the actor-turned politician firms up support to cross the majority mark in the Tamil Nadu assembly, sources said on Wednesday.
'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'
India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.
'Looking at the situation purely on its Constitutional merits, the governor's conduct is defensible.' 'He is saying: You do not have a majority, so prove it. That is not an unreasonable position even if the timing and the political context make it deeply controversial.'
Donald Trump says several issues were settled during the final day of talks with Xi Jinping covering trade, tariffs, and diplomacy.
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
Gautam Adani emphasised the importance of energy security and digital infrastructure in shaping geopolitical power, urging India to develop sovereign capabilities across the AI value chain.
'Leadership is about understanding how a business works, how it is shaped, built, and expanded.'
Sun Pharmaceutical Industries' acquisition of US-based Organon & Co. for $11.75 billion, the largest overseas acquisition by an Indian pharma company, has been met with mixed reactions from brokerages, who see strategic entry into women's health and biosimilars but also flag potential integration challenges and debt concerns.
A joint study by IBM and IndiaAI, a MeiTY initiative, indicates that Artificial Intelligence (AI) has the potential to contribute over USD 500 billion to India's economy by 2030. The report highlights the need for improved AI literacy, infrastructure, and data quality to fully realise this potential.
Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.
Jharkhand Police seized narcotics and illicit liquor worth over Rs 2.54 crore and arrested seven persons in separate operations across five districts.
By asking Vijay to produce letters of majority support before inviting him to form the government, the governor risks overstepping established Constitutional principles, notes Harishchandra.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
Tamilaga Vettri Kazhagam chief Vijay is scheduled to take the oath of office as the state's new Chief Minister on May 7. The swearing-in ceremony is expected to take place at the Jawaharlal Nehru Indoor stadium in Chennai.
The Jammu and Kashmir government has achieved significant progress in digitising revenue records, reaching 93.39 per cent completion with over 64 lakh records approved across the Union Territory.
'At the first sign of real trouble, that money will move. There will be a run.'
An explainer on the 'Thucydides Trap' and its relevance to current tensions between the United States and China, as discussed by President Xi Jinping.
Police in Anantnag district attached properties worth over Rs 6.5 crore, allegedly acquired through illicit drug trafficking, marking the single largest attachment under the NDPS Act in Jammu and Kashmir.
Senior DMK leader KR Periakaruppan lost the Tiruppattur assembly seat by one vote to Tamilaga Vettri Kazhagam's Seenivasa Sethupathy R in the Tamil Nadu elections. The defeat highlights the impact of individual ballots and the rise of actor Vijay's TVK.
US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
The combined market valuation of four of India's top-10 most valued firms, including State Bank of India, Bharti Airtel, Tata Consultancy Services, and Larsen & Toubro, eroded by Rs 1 lakh crore last week amidst a volatile and range-bound equity market.
The Tamil Nadu Congress Committee (TNCC) president K Selvaperunthagai announced that the Congress will be part of the new government in Tamil Nadu led by Vijay's TVK, with discussions underway for ministerial posts and a Rajya Sabha seat.
Delhi reported a staggering 1,80,973 theft cases in 2024, resulting in almost 3,480 cases per week, and roughly 497 cases per day, which is 73.3 per cent of the national total - a major lead over other metropolitan centres.
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