'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
Former Pakistan captain Wasim Akram has expressed serious concerns about the health of his friend and ex-captain Imran Khan, who is currently imprisoned. Akram's comments follow similar calls from other international cricketers, including Brian Lara, for proper medical care and humane treatment for Khan.
India has once again raised alarms over the escalation in the security situation in the Red Sea area and strongly condemned Houthi strikes targeting Saudi Arabian territory, "including on civilians and economic assets."
The Nomad Games, a biannual tournament of traditional nomadic sports, has drawn over 3,000 athletes from more than 100 countries to Kyrgyzstan, including many from Western nations keen to experience ancient Central Asian traditions like horseback archery and Kok Boru.
A five-storey PG accommodation in Satya Niketan, South-West Delhi, collapsed, trapping numerous students and raising immediate concerns about building safety and construction standards in congested areas. Residents reported a "sudden tremor" and rushed to assist in rescue efforts, highlighting the precarious state of old buildings converted into student housing without proper maintenance or structural checks.
The Maharashtra Food and Drug Administration (FDA) has suspended the food licences of several establishments across Mumbai and Navi Mumbai, including an IRCTC-linked supplier and three ISKCON outlets in Juhu, due to severe hygiene and safety violations. This action is part of a state-wide crackdown initiated by FDA Commissioner Tukaram Mundhe, targeting issues like pest infestation, improper food handling, inadequate sanitation, and misleading product claims.
'She was not burdened by the knowledge of her craft and the world. She just was a child till her last days.' 'When she smiled, everybody in the room would light up.'
Heavy traffic continues to eat into commuters' time. Here are India's most congested cities.
Pakistan captain Babar Azam is expected to return for the second Test against England at Lord's after recovering from a finger injury. His potential comeback offers a significant boost to the team, which suffered a heavy defeat in the first Test, as England leads the three-match series 1-0.
The Greater Bengaluru Authority (GBA) clarified that no notice was issued to Bharat Ratna awardee Prof C N R Rao regarding an electoral roll discrepancy. Instead, the Booth Level Officer recommended including his name despite a variation in how it was recorded over the years, ensuring his inclusion in the final electoral roll.
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
Indian benchmark indices, Sensex and Nifty, staged a moderate rebound after a significant correction in the previous session, driven by foreign fund inflows and a largely positive trend in global markets, though geopolitical tensions between the US and Iran continued to foster caution.
Former captain Sourav Ganguly defends veteran pacer Mohammed Shami against claims of neglect by selectors, praising his domestic performances. Ganguly also expresses optimism about Ishan Kishan's potential return to Test cricket, highlighting his strong form in recent domestic finals.
A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.
Passenger traffic Y-o-Y fell 26.8 per cent in April and 24.6 per cent in May, while capacity declined 9.6 per cent and 11.3 per cent, respectively.
A 50-year-old multi-storey building in Delhi's Satya Niketan area collapsed, resulting in six deaths and 11 rescues. The incident occurred during repair work, prompting a police case against the building owner and a magisterial inquiry.
The successful hosting of the 18th BRICS summit in New Delhi has provided a significant boost to the BJP, offering a timely opportunity to strengthen its narrative against the opposition ahead of crucial assembly elections next year. BJP sources highlight the BRICS grouping's strong condemnation of the Pahalgam terror attack and the consensus declaration as major diplomatic victories for the Modi government, countering criticisms of its foreign policy. The party plans to leverage these outcomes during its month-long Seva Sankalp campaign to connect with various sections of society.
The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.
The Supreme Court has directed the Centre, states, and Union Territories to swiftly establish dedicated courts to handle the "alarming rise" in cases under the Narcotic Drugs and Psychotropic Substances (NDPS) Act. The directive aims to set up all 449 required NDPS courts within six weeks. Additionally, the court noted progress in establishing special courts for cases probed by the National Investigation Agency (NIA), with several states committing to expedite their operationalisation.
The Duleep Trophy reaches its semifinal stage with defending champions Central Zone and last year's runners-up South Zone receiving direct entry. They will face East Zone and North Zone, respectively, who advanced after winning their quarterfinal matches. The upcoming clashes promise intense competition as teams battle for a spot in the final.
Iran's Islamic Revolutionary Guard Corps (IRGC) on Saturday (local time) announced the closure of the Strait of Hormuz "until further notice," stating that the strategic waterway would remain shut until the United States ends its "interference" in the West Asia region, Press TV reported.
Russian President Vladimir Putin has arrived in India for a three-day visit to attend the BRICS summit and hold bilateral talks with Prime Minister Narendra Modi, focusing on expanding trade, investment, and energy cooperation amidst global geopolitical challenges.
India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.
Chinese President Xi Jinping's upcoming visit to India for the BRICS summit is a pivotal diplomatic event poised to significantly impact bilateral ties and global cooperation amidst ongoing international instability.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.
'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'
Prime Minister Narendra Modi met Iranian President Masoud Pezeshkian at the SCO summit, advocating for dialogue and diplomacy to resolve the West Asia conflict and expressing India's desire to expand and diversify trade with Iran. Pezeshkian, in turn, urged India to leverage its contacts to promote peace.
The government has withdrawn most provisions of the emergency natural gas supply regulation order imposed during the West Asia conflict after liquefied natural gas (LNG) shipments through the Strait of Hormuz resumed following a ceasefire.
North Zone secured a crucial 64-run first-innings lead against West Zone in the Duleep Trophy quarter-final, largely due to exceptional bowling from Abid Mushtaq (5/39) and Arshdeep Singh (3/53). However, controversial selection Yash Dhull failed to score, raising questions about his inclusion over specialist opener Sanat Sangwan. North Zone ended day two with a 171-run overall lead, aiming to extend it further.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
India's top centrally-contracted cricketers, including Ravindra Jadeja, Rishabh Pant, and Yashasvi Jaiswal, underwent mandatory fitness tests at the Centre of Excellence in Bengaluru. These assessments, featuring the Bronco Test, 2k run, and YoYo test, are crucial for the upcoming eight-month home season, which includes series against Afghanistan and West Indies, and the Asian Games.
Dabur India reported a steady performance in Q1 FY27 with 10.6 per cent year-on-year revenue growth, a 12-quarter high, driven by broad-based gains across India and international businesses. However, volume growth, particularly in beverages due to unseasonal rains, and concerns over monsoon impact on rural demand remain key challenges.
TMC national general secretary Abhishek Banerjee has accused armed BJP men of vandalising the party's Camac Street office in Kolkata, damaging property and stealing items. The BJP has denied the allegations, calling them staged. The incident further intensifies the political confrontation between the two parties in West Bengal, following a recent dispute over a billboard at the same premises.
Following a tragic building collapse in Satya Niketan that claimed five lives, the Municipal Corporation of Delhi has ordered the immediate sealing of all illegal constructions with more than four floors and vowed strict action against negligent officials.
From the adorably vain Poo to the free-spirited Geet, Kareena Kapoor Khan has delivered some memorable performances.
Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.
'After Ramayan, will Ranbir Kapoor be accepted again in a film like Animal?'
Manipur police have arrested six militants, including a minor, from the banned United People's Party of Kangleipak (UPPK) across Imphal Valley districts. The arrests were made in connection with extortion, intimidation, and kidnapping. Security forces also conducted a separate operation, seizing arms and ammunition and destroying bunkers in Kangpokpi and Senapati districts.
