The Indian rupee depreciated by 34 paise to close at 93.78 against the US dollar, marking its third consecutive session of decline. This fall is attributed to escalating crude oil prices driven by uncertainty surrounding US-Iran peace talks and fresh attacks in the Strait of Hormuz, alongside significant foreign institutional investor outflows from domestic equity markets.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
Three Indian nationals were injured in a drone attack on the Fujairah Petroleum Industries Zone (FOIZ) in the UAE. The UAE has condemned the attack, attributing it to Iran.
The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.
Following US and Israeli strikes in Iran, reports have surfaced questioning the wellbeing of Supreme Leader Ayatollah Khamenei, prompting a swift denial from Iranian officials and condemnation of the military action.
Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.
China has confirmed providing on-site technical support to Pakistan during last year's conflict with India, according to official media reports.
Kannada film actress Ranya Rao is set to be released from Bengaluru Central Jail after a year of detention in a gold smuggling case.
BJP leader Tarun Chugh has served a legal notice to Punjab CM Bhagwant Mann for linking the BJP to recent blasts, demanding proof or resignation.
India's foreign exchange reserves have surged by $3.825 billion to reach $700.946 billion as of April 10, marking a significant milestone for the country's financial stability.
Punjab Police have arrested a shooter allegedly involved in the murder of kabaddi promoter Kanwar Digvijay Singh, also known as Rana Balachauria, from Agartala, Tripura. The arrest was made in a joint operation with central agencies and Tripura Police.
National Security Advisor Ajit Doval met UAE President Mohamed bin Zayed Al Nahyan to discuss deepening strategic partnerships and the regional situation, following meetings with Saudi Arabian leaders earlier in April.
The Reserve Bank of India (RBI) announced that it processed 99.7 per cent of applications within the prescribed timeline under its Citizen's Charter in April 2026. The central bank handled a total of 21,150 applications, showcasing its commitment to efficient service delivery.
Already, within the week of the election results it became apparent that the Congress' DNA has not changed from its traditional approach to politics as but a game of thrones, observes Ambassador M K Bhadrakumar.
Pakistan's newly-appointed hockey team head coach, Manzur ul Hassan, believes the nation erred by not participating in the FIH Pro League's inaugural edition in 2019, depriving players of crucial experience against top-tier opponents.
Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.
Indian equity benchmark indices Sensex and Nifty tumbled over 1 per cent for the third consecutive day, driven by a sharp rally in crude oil prices, massive selling in IT stocks, and unabated foreign fund outflows amid ongoing geopolitical tensions in the Middle East.
Punjab Police have arrested another individual in connection with the freight corridor railway track blast in Shambhu, Patiala. The arrested person, Gurjinder Singh, is a key associate of a suspect who died while attempting to detonate explosives at the track.
The Election Commission has deployed 432 counting observers across all 294 assembly constituencies in West Bengal to ensure transparent and smooth counting of votes. Several districts have been assigned additional observers in view of their sensitivity and electoral significance. Enforcement agencies have carried out extensive seizure drives during the election period to curb illegal inducements, with total seizures valued at approximately Rs 561 crore.
A television actor in Mumbai has filed a police complaint against a maid he hired online, alleging the theft of foreign currency and jewellery worth over Rs 7 lakh from his residence.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.
Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.
A new assessment by the Institute for the Study of War (ISW) reveals that a power struggle within Iran's leadership, with hardliners gaining influence, could significantly impact future negotiations with the United States.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
The Enforcement Directorate (ED) is shifting its focus to emerging financial crimes such as cryptocurrency fraud, terror financing, cyber-enabled crimes, and narcotics trafficking, according to Director Rahul Navin. The agency reported a high conviction rate and significant asset restitution to victims of financial fraud.
A special court in Mumbai has denied Indrani Mukerjea, an accused in the Sheena Bora murder case, permission to travel to Spain and the United Kingdom, citing concerns about her being a flight risk and the trial nearing its conclusion.
Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.
India's net foreign direct investment (FDI) recorded a positive $4.6 billion in February, breaking a six-month streak of negative figures, attributed to increased gross inflows and reduced repatriations, according to the Reserve Bank of India.
The Indian government has revised the application fee for the Overseas Citizen of India (OCI) card and introduced changes to the application process, including abolishing the six-month continuous stay requirement.
Bengaluru police have arrested 10 individuals, including three foreign nationals, for allegedly selling prohibited narcotics in the city, seizing drugs worth crores.
US Ambassador to India Sergio Gor remembered the lives lost in the Pahalgam attack and reaffirmed US support to India in its fight against terrorism. Israel and Australia also paid tribute to the victims.
Bengaluru police have arrested 10 individuals, including three foreign nationals, for allegedly selling prohibited narcotics in the city, seizing drugs worth crores.
Donald Trump has issued a stern warning to Iran, stating that the US will take a tougher stance if a diplomatic resolution regarding its nuclear programme is not reached soon.
Indian compound men's and women's teams, considered strong medal contenders, endured a disappointing outing in Stage 2 of the Archery World Cup, failing to secure a podium finish after crumbling in crunch situations.
This sharp Iranian response came after a series of uncompromising remarks from the US president.
Pakistan's skewed foreign reserves got a major boost after Saudi Arabia pledged an additional $3 billion in deposits while extending its existing $5 billion facility for a further three years.
The Punjab Police have reportedly dismantled a terror module with links to Pakistan's ISI, arresting one person and seizing weapons.
Indian equities on Dalal Street saw volatility as global market trends and oil price hike impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Apr 23, 2026.
Indian benchmark equity indices, Sensex and Nifty, experienced a decline in early trade, ending a three-day rally, primarily due to heavy selling in IT stocks and concerns over prolonged instability in West Asia.
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