'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
Iran on Monday formally rejected a US-proposed ceasefire deal amid the escalating conflict in West Asia, instead unveiling its own 10-point plan aimed at permanently ending the ongoing war, as reported by the Iranian state news agency Islamic Republic News Agency (IRNA).
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
Haryana Chief Minister Nayab Singh Saini reports smooth wheat procurement and record arrivals in the state's 'mandis', dismissing opposition claims of farmer hardship due to new measures.
Uncertainty surrounds the planned second round of peace talks between the US and Iran in Islamabad, as both sides engage in brinkmanship. Despite Pakistan's security preparations, Iran has yet to confirm its attendance, citing a lack of seriousness from the US in pursuing diplomacy and violations of the ceasefire.
Police in Jammu and Kashmir's Shopian district have deployed a canine unit to bolster efforts against drug trafficking and trade under the 'Nasha Mukt Jammu and Kashmir Abhiyan'.
An IED blast in Lakki Marwat district, Khyber Pakhtunkhwa province, Pakistan, injured five police officers. The attack, claimed by Fitna-al-Khawarij (a term used for TTP terrorists), involved an IED planted on a motorcycle. Security measures have been increased in the region following a surge in violence.
Kolkata Police's Special Task Force seized a cache of arms and ammunition near Rajabazar Science College and detained a man days before the two-phase polling in West Bengal.
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.
A stabbing incident near a synagogue in north-west London, which left two Jewish men injured, has been declared a terrorist incident by UK counter-terror police. A 45-year-old man is in custody as authorities investigate whether the Jewish community was deliberately targeted.
India and the US have reported positive progress in recent trade talks in Washington, agreeing to maintain engagement to finalise a bilateral trade agreement, which now requires recalibration following new US tariffs.
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.
Punjab Chief Minister Bhagwant Mann met with President Droupadi Murmu to request the termination of Rajya Sabha MPs from Punjab who defected to the BJP. Mann also advocated for a constitutional provision allowing voters to remove elected officials who fail to perform.
Finance Minister Nirmala Sitharaman convened a high-level meeting with bank heads to assess cybersecurity risks linked to advanced AI models, following concerns over Anthropic's Claude Mythos system and its potential impact on financial data security.
Tamilaga Vettri Kazhagam (TVK) chief Vijay has made a historic debut in the Tamil Nadu assembly polls, securing a landslide victory in the Perambur constituency and leading his party to a strong performance across the state, with congratulatory messages pouring in from fellow film personalities.
The Metropolitan Police in London are increasing patrols and resources following a series of antisemitic attacks, including an incident targeting a Jewish charity. Counter-terrorism officers are investigating the attacks, which are suspected to be linked to an Islamist group with ties to Iran.
The INDIA bloc faces a significant challenge as the Congress and DMK part ways, raising questions about the alliance's future and unity.
Maharashtra minister Pratap Sarnaik announced a special verification drive from May 1 to August 15 to enforce the decision making Marathi mandatory for auto-rickshaw and taxi drivers in the state, during which no punitive action will be taken.
Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.
Suvendu Adhikari's rise within the BJP in West Bengal has been marked by strategic victories and relentless opposition to the TMC, culminating in his leadership role within the party's legislative wing.
Chandrababu Naidu has reorganised the Telugu Desam Party (TDP), appointing his son Nara Lokesh as working president and emphasising a blend of experienced and new leaders to strengthen the party.
'Vijay did not defeat Dravidian politics from outside. He entered the Dravidian field and claimed ownership of it. 'His argument was not that the room should be destroyed. It was that the present occupants no longer deserved to remain in it.'
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
The International Testing Agency (ITA) has voiced concerns regarding the high rate of doping cases in India and the alleged practice of athletes receiving advance notice before testing, potentially jeopardising the nation's bid to host the 2036 Olympic Games.
Mammootty's greatness lies not in hiding his flaws, but in turning them into his most powerful acting tools, observes Sreehari Nair.
A personal assistant to BJP leader Suvendu Adhikari was shot dead in West Bengal's North 24 Parganas district, triggering political tensions and a police investigation.
The Athletics Federation of India (AFI) pledges to collaborate with NADA and the Sports Ministry to address doping concerns after the Athletics Integrity Unit (AIU) categorised India as a high-risk country for doping violations.
The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.
The TMC's defeat in West Bengal signals an institutional breakdown, highlighting the collapse of its organisational core and raising questions about its sustainability beyond its top leadership.
A two-and-a-half-year-old child drowned after allegedly falling into a swimming pool at a farmhouse in south Delhi's Mehrauli area. Police have registered a case against the farmhouse owner and are investigating possible negligence.
A year after the deadly terror attack in Pahalgam, India remembers the victims and reaffirms its commitment to fighting terrorism. Families of the deceased mourn their loss, while political leaders reiterate the nation's resolve to stand united against terror.
The Reserve Bank of India (RBI) has proposed new measures to combat financial fraud in digital payments, including lagged credit for authorised push payments and a 'kill switch' for users to disable all digital transactions.
Iranian Foreign Minister Abbas Araghchi visited Pakistan for the second time in three days amid uncertainty surrounding potential peace talks with the US. The visit follows discussions in Oman regarding regional security and efforts to resolve the Iran-US conflict.
Delhi Police are searching for six suspects involved in a Rs 25 lakh hostage-cum-robbery in Golf Links. The suspects, aided by a domestic worker, are believed to have fled the city in a light grey SUV after detailed planning and recce.
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
Chief Justice of India expresses concern over the increasing number of digital arrest scams, highlighting a recent case where an elderly woman was defrauded of her retirement benefits.
Amidst heightened market volatility and muted investor sentiment, the Securities and Exchange Board of India (Sebi) has announced one-time relaxations for initial public offering (IPO) timelines and minimum public shareholding requirements, providing relief to numerous companies.
A memorial has been erected in Pahalgam to honour the victims of a terror attack last year. Security has been increased across Kashmir ahead of the anniversary.
Following a recent earthquake in Bangladesh that caused casualties and damage, experts are warning the government to take immediate action to prepare for a potentially much larger and more devastating seismic event. They cite the country's vulnerability due to its location on major tectonic plates and the prevalence of unsafe buildings.
