Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.
Prime Minister Narendra Modi has expressed deep concern over the escalating situation in West Asia, emphasising the need for dialogue and diplomacy to resolve disputes. India is closely monitoring developments to ensure the safety of its citizens in the region.
Recent assembly elections across several states in India saw exceptionally high voter participation, with women voters outnumbering men in turnout percentages, according to Election Commission data.
The Supreme Court questioned the West Bengal government regarding its objection to the maintainability of the Enforcement Directorate's plea concerning alleged obstruction by Chief Minister Mamata Banerjee during a raid, focusing on the fundamental rights of ED officers.
The West Bengal government, led by Chief Minister Suvendu Adhikari, has announced the implementation of several key administrative and policy measures, including the adoption of the Ayushman Bharat health scheme, land transfer to the BSF for border fencing, and the implementation of the BNS criminal law.
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.
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
'...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.'
Kolkata Knight Riders defeated Lucknow Super Giants in a dramatic Super Over finish in the Indian Premier League.
India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.
A tanker carrying liquefied petroleum gas (LPG) for India has successfully navigated the Strait of Hormuz and is en route to Visakhapatnam, India, carrying enough cargo to meet half a day's requirement for the country.
Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.
Union Coal Minister G Kishan Reddy and Telangana BJP president N Ramchander Rao have criticised the West Bengal government for alleged protocol violations during President Droupadi Murmu's visit, sparking a political row.
BJP workers celebrated in West Bengal as the party took an early lead in the state assembly elections, raising slogans and exchanging sweets.
An India-flagged LPG tanker, Jag Vikram, has successfully crossed the Strait of Hormuz following a temporary ceasefire between the United States and Iran, marking a significant development for India's energy security.
A technical workshop for racquet stringing professionals was held in Delhi, focusing on advanced techniques and international standards.
Kolkata Knight Riders ended Sunrisers Hyderabad's five-match winning streak with a dominant seven-wicket win in Hyderabad, powered by a clinical bowling display and a composed chase led by Angkrish Raghuvanshi.
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).
Foreign Portfolio Investors (FPIs) have withdrawn Rs 19,837 crore from Indian equities in the first two trading sessions of April, extending a significant selling trend from March, driven by geopolitical uncertainty, rising crude oil prices, and a depreciating rupee.
Union Minister J P Nadda criticised the Trinamool Congress (TMC) government in West Bengal, accusing it of disregarding democratic procedures, the judiciary, and the Election Commission of India. He alleged that the rule of law has been compromised in the state, particularly concerning the special intensive revision of electoral rolls.
Nitin Menon remains the only Indian in the ICC Elite Panel of Umpires after the governing body named an unchanged team of match officials for the 2026-27 international season following its annual review.
The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.
Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.
The Confederation of Indian Industry (CII) has urged the Indian government to gradually restore the Rs 10-per-litre cut in special additional excise duty on petrol and diesel over six to nine months. This move aims to relieve pressure on government finances as crude oil prices stabilise, without significantly impacting consumer sentiment.
Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said.
The BJP has accused the Trinamool Congress (TMC) in West Bengal of inciting post-poll violence by disguising its workers as BJP supporters. The BJP asserts its cadres have never engaged in violence after election victories and claims the TMC is acting out of frustration after suffering a crushing defeat in the assembly polls.
Defence Minister Rajnath Singh assures India's energy security amidst West Asia tensions, highlighting naval protection of tankers and readiness to counter cross-border terrorism.
External Affairs Minister S Jaishankar discussed the West Asia conflict and its impact on energy supplies with his Russian counterpart Sergey Lavrov and EU's Foreign Policy chief Kaja Kallas.
The BJP has accused the Trinamool Congress of inciting post-poll violence in West Bengal by impersonating BJP supporters, warning that they will face legal consequences. The BJP asserts its members have never engaged in post-election violence and claims TMC cadres are using BJP symbols to create unrest.
MNS president Raj Thackeray questions the fuel consumption during recent election campaigns, asking if austerity measures are only meant for the common people.
A report by the Association for Democratic Reforms (ADR) reveals a significant increase in West Bengal MLAs with declared criminal cases, rising from 49% in 2021 to 65% in the latest assembly. The report also highlights a rise in the number of 'crorepati' MLAs.
A Marshall Islands-flagged LPG carrier, MT Sarv Shakti, carrying Indian cargo, has safely crossed the Strait of Hormuz on Saturday and is expected to reach Visakhapatnam on May 13, according to official sources.
West Bengal Chief Minister Mamata Banerjee has accused the central government of pressuring the outgoing Governor C V Ananda Bose to resign and alleged that his replacement, R N Ravi, is a BJP cadre.
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.
Former India captain and coach Rahul Dravid has been named as a co-owner of the Dublin franchise in a new European Twenty20 league, with the 53-year-old being part of an Indian consortium that acquired the team in the tournament set to launch in September.
Jonty Rhodes reflects on the evolution of fielding, praising modern cricketers' athleticism and boundary skills while admitting the game has moved to another level.
Union Minister Shivraj Singh Chouhan has condemned the killing of a BJP leader's personal assistant in West Bengal, accusing the Trinamool Congress of resorting to violence after their electoral defeat.
A review of the accuracy of various exit polls in predicting the outcomes of recent assembly elections in West Bengal, Assam, Kerala, Puducherry, and Tamil Nadu, highlighting the performance of different pollsters.
Gujarat Titans all-rounder Jason Holder delivered a match-winning spell to guide his side to a tense four-wicket victory over Punjab Kings in an Indian Premier League clash in Ahmedabad on Sunday, May 3, 2026.
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