Moody's Ratings has downgraded India's growth forecast for financial year 2026-27 (FY27) to 6 per cent from 6.8 per cent, attributing the revision to weaker consumption and industrial activity, elevated energy prices, and rising input costs stemming from the West Asia conflict.
Indian equities on Dalal Street declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Track Sensex, Nifty50 movement and key market drivers for Apr 6, 2026.
Israel has strongly condemned Pakistan Defence Minister Khawaja Asif's "outrageous" remarks calling for Israel's annihilation and labelling it "evil" and a "curse for humanity", raising doubts about Pakistan's role as a "neutral arbiter" for peace.
Iran's foreign ministry spokesperson Esmaeil Baqaei on Sunday said that the recent meeting with US officials was the longest round of negotiations they have had in the past year.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
A Danish national was detained near the India-Pakistan border in Rajasthan after allegedly entering a restricted area without permission, prompting an investigation into his motives and visa status.
US President Donald Trump on Monday doubled down on his hardline stance against Tehran while dismissing mainstream media narratives regarding his foreign policy motivations.
Senior Congress leader Ramesh Chennithala has accused the BJP of attempting to intimidate bishops and church leaders in Kerala to gain their support, asserting that such tactics will not succeed in the state.
Two senior Indian volleyball players have quit the national camp in Ahmedabad, citing concerns over incompetent coaches, poor facilities, and politics within the Volleyball Federation of India (VFI).
The Uttar Pradesh Special Task Force (STF) has dismantled two significant fraud operations involving crores of rupees in fraudulent share market, cryptocurrency, and forex schemes, leading to multiple arrests and uncovering a vast network of deceit.
Direct talks between the US and Iran, mediated by Pakistan, have failed to produce an agreement after 21 hours of negotiations, with disagreements over Iran's nuclear ambitions and sanctions proving insurmountable.
Two Bangladeshi women were arrested in Delhi for illegally residing in the city without valid documents. Police acted on a tip-off and initiated deportation proceedings.
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.
The Directorate of Revenue Intelligence (DRI) has dismantled a gold smuggling operation at Mumbai's Chhatrapati Shivaji Maharaj International Airport, arresting 24 female carriers and seizing a significant quantity of gold.
In Rediff's new series on modern marriages, young couples from across India discuss how they deal with differences of opinion, lifestyle preferences and personal choices. Here, Megha* tells Rishika Shah/Rediff how she coped with the unexpected challenges that followed her impulsive marriage to her best friend.
The Allahabad High Court has deferred its order directing an FIR against Congress MP Rahul Gandhi in connection with the alleged dual citizenship controversy, pending a review of whether prior notice to the accused was legally required.
The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that recent regulatory measures to address foreign exchange market volatility, such as capping banks' net open positions, are temporary and aligned with current market conditions, not signalling any structural shift in policy.
Police in Jammu and Kashmir have dismantled a Lashkar-e-Taiba (LeT) module, arresting five individuals, including a Pakistani terrorist who had been on the run for 16 years. The operation exposed a network spanning multiple states and involving forged documents and identities.
'As result, Netanyahu 'convinced' Trump to go to war with the help of overoptimistic Israeli intelligence assessments, essentially explaining to him that they only need to bomb Iran for 3-4 days, and the regime would then collapse.' 'Rather unsurprisingly, Netanyahu is ever since blaming his own intel service for the entire operation failing.'
Police in Hoshiarpur have arrested three men in connection with the vandalism of a Dr B R Ambedkar statue. The investigation suggests possible links to the banned organisation Sikhs for Justice (SFJ).
Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.
The Athletics Federation of India (AFI) has revealed that a significant majority of synthetic tracks in the country are substandard, raising concerns about athlete performance and track longevity. The AFI is now working with World Athletics to improve track certification and vendor quality.
A mobile shop owner in Katihar, Bihar, has been arrested for allegedly procuring and selling motherboards of stolen mobile phones to foreign locations, raising concerns about illegal transfer of mobile data.
The Enforcement Directorate has accused West Bengal Chief Minister Mamata Banerjee of obstructing its investigation into a Rs 2,700-crore coal smuggling case, alleging she used state machinery to halt a search of an I-PAC office in Kolkata.
Delhi Police have arrested two key operatives of a transnational arms trafficking and terror module with alleged foreign links. The accused were detained at the IGI Airport and arrested in connection with an ongoing probe into an international arms smuggling racket.
The world volleyball body FIVB has revoked the Volleyball Federation of India's recognition due to breaches of legal and administrative requirements, following complaints from players about poor facilities and selection politics.
Representative of Iran's Supreme Leader in India, Abdul Majid Hakeem Ilahi, expressed doubts about the United States' intentions regarding negotiations, citing conflicting actions and a desire to force Iran into accepting US demands.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower following the collapse of US-Iran negotiations, which heightened concerns of a prolonged conflict in West Asia and drove crude oil prices sharply higher.
Trump seems to have estimated that Ghalibaf is a pragmatic politician who is receptive to close relations with the US and is enthusiastic about fostering business and economic ties in particular, points out Ambassador M K Bhadrakumar.
Nepal's former parliament speaker Krishna Bahadur Mahara and others have been accused of facilitating gold smuggling, leading to a corruption case filed by the CIAA.
Indian equity benchmarks, Sensex and Nifty, ended lower after a spectacular rally, with the Sensex tumbling 931 points, as renewed tensions in West Asia, particularly the risk to the ceasefire deal after Iran closed the Strait of Hormuz, dampened investor optimism.
China has established a new county in Xinjiang province near Pakistan-occupied Kashmir (PoK) and the Afghanistan border, a move seen as strengthening security along the Wakhan Corridor and addressing concerns about Uyghur separatist militants.
Pakistan is hosting a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the conflict in West Asia and explore avenues for peace. The summit includes discussions on regional developments and meetings with Prime Minister Shehbaz Sharif.
'In practical terms, a Master Circular is not merely desirable; it is a necessary transition tool to ensure that the promise of simplification under the Income-Tax Act, 2025, is fully realised.'
Delhi Police have arrested six individuals involved in a transnational cyber fraud syndicate that operated fake loan applications and siphoned money through mule bank accounts.
US President Donald Trump on Monday confirmed that his administration has received a proposal from Iran aimed at ending the ongoing conflict in West Asia, but described the offer as insufficient.
The Indian rupee depreciated by 32 paise to close at 92.83 against the US dollar, influenced by escalating global tensions, particularly the US-Iran conflict, and the deadline for the RBI's instructions to banks to curb overnight positions.
Iran blames the US for 'maximalism' and 'shifting goalposts' leading to the collapse of the Islamabad talks.
Former Central Command chief David H Petraeus suggests the US and Iran are likely to extend their ceasefire beyond the initial two-week period, citing willingness from both sides to continue negotiations.
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