Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.
'We should expect extreme heat, extreme rains, floods, landslides and maybe cyclones. Not just this year, in the coming year as well.'
The electorate did not vote for the BJP as much as they voted against the TMC. This is an important distinction that the new government will ignore at its own peril, points out Vice Admiral Biswajit Dasgupta (retd).
Union Minister JP Nadda accuses the West Bengal government of sheltering infiltrators, leading to demographic changes and hindering development.
Revenue intelligence and customs officers are set to intensify surveillance and increase vigilance on international borders to combat potential gold smuggling following a significant increase in customs duty on gold.
Delhi has seen an increase in crimes committed by foreigners, with 201 cases registered in 2024 compared to 130 in 2023, according to NCRB data. Delhi accounted for the highest number of such cases among union territories. West Bengal recorded the highest number of such cases among states.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
Head of the Iranian Parliament's National Security Committee Ebrahim Azizi on Saturday said that Iran has prepared a "professional mechanism" to regulate maritime traffic in the Strait of Hormuz through a designated route, which will be unveiled soon.
Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.
US President Donald Trump's call to Prime Minister Narendra Modi signals a concerted effort to reset strained Washington-New Delhi ties, with a focus on 'big-ticket' energy and trade deals, including increased Indian imports of US LNG and LPG, and potential cooperation on small modular reactors.
West Bengal Chief Minister Shuvendu Adhikari has directed senior officials to ensure transparency, accountability, and strict adherence to rules in governance. He emphasised the importance of honest opinions and actions for the state's development, urging officials to restart stalled centrally sponsored schemes and implement promises from the BJP's election manifesto.
A 25-year-old woman's family alleges dowry harassment and foul play after she died from a fall in Delhi. Her final calls for help haunt them as police investigate.
US Secretary of State Marco Rubio will visit India for four days to strengthen bilateral relations, holding talks with Indian leaders and attending the Quad foreign ministers' meeting.
The Supreme Court has allowed former West Bengal chief minister Mamata Banerjee and others to file fresh applications regarding their claim that victory margins in 31 constituencies in the recent assembly polls were less than the deletion of votes during the Special Intensive Revision (SIR) of electoral rolls.
Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.
Yogasana, the ancient Indian practice, is aiming to become a global sport and secure a place in the 2036 Olympics, with India hoping to host the Games in Ahmedabad. The sport has already been included in this year's Asian Games as a demonstration sport and is eyeing the 2030 Commonwealth Games. World Yogasana is working to meet the IOC's requirements for recognition, focusing on expanding its global reach and adhering to anti-doping standards.
Union Home Minister Amit Shah has announced a significant increase in Lok Sabha seats for the five southern states following delimitation, countering misinformation and clarifying the timeline for women's reservation implementation.
'98 lakhs in Bengal, 97 lakhs in Tamil Nadu, 2.83 crores in Uttar Pradesh.'
Tension prevailed in parts of West Bengal's North 24 Parganas district after a BJP leader's close aide was shot dead, prompting increased security measures and protests.
The CBI has taken over the investigation into the murder of Chandranath Rath, an aide to West Bengal Chief Minister Suvendu Adhikari. A Special Investigation Team (SIT) has been formed to probe the killing, which occurred shortly after the BJP's victory in the assembly elections.
A recap of the action of the eighth week of IPL 2026.
Arsenal moved to the top of the Premier League with a comfortable 3-0 win over Fulham on Saturday, extending their lead in the title race.
BJP's Panihati candidate Ratna Debnath faced protests by TMC workers when she visited a booth in the assembly constituency in West Bengal's North 24 Parganas district where polling was underway. She also accused the ruling party activists of preventing her from leaving the booth premises, following an altercation with them over an allegation of influencing voters.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.
US Secretary of State Marco Rubio arrived in Kolkata for a four-day diplomatic tour to India, marking the first visit by a US secretary of state to the city in 14 years. His itinerary includes meetings with Indian officials, energy talks, and a Quad Foreign Ministers Meeting.
Mamata Banerjee, the outgoing Chief Minister of West Bengal, has refused to step down after her party's defeat in the assembly elections, alleging a conspiracy and irregularities in the counting process. She also accused the Election Commission of working in favour of the BJP and announced a fact-finding committee to investigate post-poll violence.
Following two blasts targeting the Eastern Dedicated Freight Corridor in Punjab, the Railways Ministry is intensifying security measures, including increased patrolling, expanded surveillance, and drone deployment, to safeguard railway infrastructure and prevent further disruptions.
'...especially pressure on the rupee, the current account deficit, and foreign exchange outflows.' 'The key question over the next several months is whether the government can prevent external turbulence from feeding into domestic economic pessimism.'
'Once the market decides it wants to go up, it goes up -- no amount of bad news can really hold it back.'
TMC's Falta candidate Jahangir Khan withdrew from the May 21 re-election, citing Chief Minister Suvendu Adhikari's promise of a special development package for the area.
The BJP has accused the Trinamool Congress (TMC) of fostering a 'mafia culture' and 'maha jungle raj' in West Bengal following the killing of an aide to BJP leader Suvendu Adhikari. The party alleges the incident reflects institutionalised post-poll violence in the state and demands a CBI probe.
West Indies will look to maintain their winning form against a struggling Nepal side in their T20 World Cup Group C match at the Wankhede Stadium. West Indies have won both their matches so far, while Nepal are coming off a heavy defeat against Italy.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
Iran hosted a large send-off rally for its World Cup team in Tehran, despite ongoing concerns about visa issues for entry into the United States, where the team is scheduled to play its group matches.
Argentina has significantly increased its LPG exports to India to help mitigate shortages caused by the ongoing conflict in West Asia. This partnership is becoming increasingly important for India's energy security.
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.
Kolkata Police Commissioner Ajay Kumar Nand has warned of strict action against anyone disturbing law and order following the West Bengal assembly elections. Eighty people have been arrested so far, and rallies involving bulldozers will not be permitted.
Opposition leaders have criticised the alliance between AIMIM and a suspended TMC MLA for the West Bengal Assembly elections, fearing it will divide votes and weaken secular parties.
United States and China have agreed that "Iran can't have nuclear weapons," and that the Strait of Hormuz must be opened, according to US President Donald Trump.
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