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 EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.
India's five publicly listed Real Estate Investment Trusts (REITs) collectively distributed more than Rs 2,566 crore to over 425,000 unitholders in Q4FY26, with a cumulative distribution exceeding Rs 8,900 crore for the full fiscal year.
Police in Jammu seized approximately 3 kilograms of heroin suspected to have been dropped by a drone near the International Border. The recovery followed a week-long surveillance operation based on intelligence inputs about cross-border narcotics smuggling.
The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.
Gen NS Raja Subramani has taken over as India's new Chief of Defence Staff, succeeding Gen Anil Chauhan. His primary focus will be on implementing the military theaterisation plan and enhancing tri-services synergy.
Delhi Police arrested three individuals, including the complainant's brother-in-law, for allegedly planning and executing a knife-point robbery in outer north Delhi. The robbers were dismayed to find the stolen bag was empty.
The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have successfully conducted flight tests of the RudraM-II air-to-surface missile, marking a significant milestone in indigenous defence technology.
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.
The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.
ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.
A woman was arrested in Gurugram for allegedly hurting religious sentiments after uploading a video claiming to have cooked beef for the West Bengal Chief Minister. She was denied bail, and her mobile phone was seized for forensic examination, with the next hearing set for June 8.
Credit card transactions in India have surged over 2.6 times between 2021 and 2025, reaching 570 crore volumes and Rs 23.2 lakh crore in value, with private sector banks significantly increasing their market share, according to a recent RBI report.
Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
Madhya Pradesh Chief Minister Mohan Yadav launched Indore's first district drone unit, equipping the police with advanced aerial systems for law enforcement, crowd management, and surveillance.
Abhijeet Dipke, founder of the Cockroach Janta Party, expresses concerns about potential arrest upon his return to India, but remains committed to protesting against the Union Education Minister over alleged shortcomings in the education system.
Gurugram's municipal corporation headquarters and mayor's office received a bomb threat email, allegedly from a pro-Khalistan group, threatening blasts at government buildings and Hindu temples. Extensive search operations were conducted, leading to the evacuation of around 1,000 staff members, but the threat was later declared a hoax. Police are investigating the sender of the email.
India fast bowler Gurnoor Brar has emerged as one of the country's promising pace prospects after a steady rise through college cricket and domestic performances, earning a call-up to the national setup ahead of India A's upcoming tour.
Union Finance Minister Nirmala Sitharaman has urged an increased focus on '3Fs'-fuel, fertiliser, and forex-to maintain India's economic resilience amidst the West Asia crisis, while also criticising those who spread pessimism.
A 23-year-old criminal, Nitin alias Chhota, wanted in a kidnapping-for-ransom case, was arrested in Gurugram after an encounter with police. He was injured in the exchange of fire and is currently hospitalised. The accused has a history of 17 criminal cases across Delhi and Haryana, including dacoity and murder.
India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.
Union Minister Nitin Gadkari has called for Indian companies to form joint ventures with US companies to leverage new technologies, while also expressing an ambitious target to make India's automobile industry the world's number one within five years.
India has strongly condemned an attack on UN peacekeepers in Lebanon that resulted in the death of a Serbian Blue Helmet and injuries to two others. The nation has called for an immediate and thorough investigation to ensure accountability for the perpetrators. This incident follows a series of attacks on UNIFIL personnel amidst escalating hostilities in the region, prompting global calls for peacekeeper safety.
Haryana Police have dismantled a fraudulent international call centre in Panchkula, arresting 21 individuals involved in scamming US citizens by impersonating employees of a major e-commerce company.
Three people were arrested in Gurugram for allegedly creating a ruckus and assaulting a security guard at a housing society after playing loud music from their SUV.
A devastating fire in Delhi's Hauz Rani area claimed 21 lives, including eight members of the Agrawal family. Relatives recounted the harrowing last moments and raised serious concerns about the lack of fire safety infrastructure at the bed and breakfast where the tragedy occurred, highlighting the profound grief and challenges in identifying victims.
Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.
A routine visit to Delhi turned into a devastating tragedy for a Rajasthan family, losing three members along with five Gurugram relatives in the Malviya Nagar guest house fire. The incident, which claimed 21 lives, highlights severe safety lapses at the five-floor building.
India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.
American industry groups sought punitive tariffs on Indian goods at USTR hearings, while Indian officials defended the country's manufacturing growth as demand-led and WTO-compliant.
The body of a 25-year-old man who allegedly jumped into the Agra Canal in Faridabad following a family dispute has been recovered by an SDRF team.
FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.
Israeli Prime Minister Benjamin Netanyahu has lauded India as a 'huge power' with a strong affinity for Israel, highlighting the growing partnership between the two nations despite global delegitimisation efforts against the Jewish state.
Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
Haryana Police busted a fake international call centre in Panchkula, arresting 21 individuals for defrauding US citizens by posing as employees of a leading e-commerce company.
Prime Minister Narendra Modi arrived in Sweden to hold talks on trade, technology, defence and other key sectors with his Swedish counterpart Ulf Kristersson.
