The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.
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.
Police in Gujarat have arrested a woman and her lover for allegedly plotting the murder of her husband, initially reported as an accidental death. The investigation revealed a conspiracy driven by domestic disputes and personal conflicts.
The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the US Central Command late Saturday.
A vessel carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at Deendayal Port Authority in Kandla, Gujarat, after crossing the Strait of Hormuz amid the West Asia crisis.
Under the agreement reached between the two sides, Karbi community farmers from Assam will be allowed to cultivate and tend their crops for one agricultural season in fields claimed by Meghalaya.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
Tensions escalate between Iran and the US over control of the Strait of Hormuz, a crucial shipping lane for global oil supplies, as both sides discuss extending a fragile ceasefire.
Lalit Modi claimed Shashi Tharoor warned him not to question Sunanda Pushkar and threatened government action if he proceeded.
Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.
The US has seized an oil tanker, 'Skywave', linked to Iran in the Indian Ocean, as part of efforts to disrupt Iran's oil shipments and enforce sanctions. The vessel was part of a network transporting sanctioned Iranian crude oil, with the seizure occurring amid heightened tensions between Washington and Tehran.
Indian javelin thrower Sachin Yadav finished eighth in his Diamond League debut in Rome with a throw of 79.18m, significantly below his personal best. Sri Lanka's Rumesh Tharanga Pathirage won the event with a historic 92.62m throw, the second longest by an Asian.
Following his visit to China, US President Donald Trump has suggested a potential shift in Washington's approach to Taiwan, expressing reluctance to engage in military conflict over Taiwan's independence and cautioning against unilateral moves.
The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.
The Centre has informed the Supreme Court that 217 Indian nationals reportedly joined the Russian armed forces, with 49 fatalities amid the Russia-Ukraine war, and efforts are underway to repatriate those who were misled.
India has voiced deep concern over a drone attack targeting the Barakah nuclear facility in the United Arab Emirates (UAE), calling it a dangerous escalation in the West Asia conflict.
Aryna Sabalenka said she fell into a "deep, dark hole" during her three-sets loss to Russian Diana Shnaider in the French Open quarterfinals on Wednesday, after the world number one let her opportunities slip in the second set.
US Secretary of War Pete Hegseth praised India's military modernisation efforts at the Shangri-La Dialogue in Singapore, highlighting its growing industrial and logistics capacity.
Families in Ambari village are anxiously awaiting news of their relatives stranded in Iran amid escalating conflict, with limited communication and growing concerns for their safety.
A man in Meerut has been arrested for allegedly shooting and burying his younger brother following a land dispute. The incident came to light after a complaint was lodged by the deceased's maternal aunt.
An Indian national was killed and several others injured in a drone attack on Kuwait International Airport, leading to the suspension of air traffic and significant damage. This incident marks the tenth Indian fatality since hostilities between the US and Iran began in February, with other Indians also affected by regional conflicts in UAE, Saudi Arabia, and Oman.
A new report highlights India's increasing vulnerability to cyberattacks and CBRN threats due to geopolitical tensions, industrial growth, and urbanisation, calling for an urgent strengthening of its CBRN security strategy through collaboration and investment.
Chief Economic Advisor V Anantha Nageswaran stated that India's economy is projected to return to a 7 per cent-plus growth trajectory by 2027-28 (FY28), or sooner if external conditions improve, despite near-term challenges from the West Asia crisis.
'...depicting a love story is hard.'
Six people, including five members of a family, were killed in a clash in Vijayapura district, Karnataka, stemming from a long-standing property dispute.
Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.
Chinese President Xi Jinping warned that the Taiwan issue could lead to clashes and even conflicts between China and the United States if not handled properly. He emphasised the importance of safeguarding peace and stability across the Taiwan Strait for stable relations.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
India's trade with West Asia saw a significant decline of over 28% in April, marking the second consecutive month of contraction. This downturn is attributed to severe shipping disruptions stemming from the ongoing conflict involving the US, Israel, and Iran, particularly impacting the crucial Strait of Hormuz waterway.
Odisha's opposition BJD has requested Union Education Minister Dharmendra Pradhan to clarify his family's connection with the Vikas Foundation Trust, which is alleged to have purchased properties in the US. BJP leaders have dismissed the allegations as a smear campaign.
Afghanistan-Sri Lanka white-ball series likely to be postponed indefinitely as West Asia conflict deepens
An Indian national was killed in an attack on Kuwait International Airport, prompting the Indian Embassy to offer condolences and assistance. The attack, attributed to Iranian strikes, led to the suspension of air traffic and caused casualties and damage.
An Indian worker was killed and three others injured in a drone attack in the Moscow region, the Indian embassy said. The incident occurred amid escalating hostilities between Russia and Ukraine.
The Supreme Court granted interim bail to two Delhi riots accused, while addressing concerns about conflicting views on bail under the Unlawful Activities Prevention Act (UAPA). The court referred the question of law on whether prolonged incarceration can override UAPA restrictions to a larger bench.
The US military carried out 'self-defence strikes' targeting Iranian missile launch sites and boats near the Strait of Hormuz, even as President Trump announced progress in ceasefire negotiations, stating Iran's enriched uranium will be 'turned over' or destroyed.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
'To suddenly give the impression of taking a position that is hostile to Iran, or, at least, not friendly to Iran, is not a good thing.'
The Indian embassy in Tehran has earlier stated that it is facilitating the safe movement of nationals who wish to leave Iran.
US President Donald Trump has claimed that Iran's missile capabilities have been severely degraded, saying Tehran now possesses only a fraction of the arsenal it had before recent hostilities.
Indian equity markets experienced a significant downturn as geopolitical tensions in West Asia, rising oil prices, and foreign fund outflows dampened investor confidence. The Sensex and Nifty both fell sharply in early trade, reflecting broader global market weakness.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances