Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.
'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'
Opposition parties in Odisha, including the BJD and Congress, have criticised the ruling BJP for failing to maintain law and order after a violent attack in Puri district. The incident, captured in a viral video, has sparked concerns about public safety and governance in the state.
Building a party from scratch and leading it to electoral success is an entirely different challenge.
Punjab Chief Minister Bhagwant Mann has accused the BJP of orchestrating recent blasts in the state, alleging it's part of their strategy for the upcoming assembly elections. The BJP has strongly refuted these claims, demanding proof or Mann's resignation, while the state DGP suggests Pakistani ISI involvement.
China has called on Iran to reopen the Strait of Hormuz and expressed appreciation for Tehran's commitment not to develop nuclear weapons, a key demand of the US to end the conflict.
Mumbai Indians head coach Mahela Jayawardene has expressed his support for Suryakumar Yadav, acknowledging his current struggles but remaining confident in his ability to regain form. Jayawardene also highlighted Jasprit Bumrah's need for support from other bowlers.
Pune Police have arrested three recovery agents of a private financial institution for allegedly beating up a man in full public view over his credit card dues.
NorthEast United FC secured a dramatic 3-2 victory over Inter Kashi in the Indian Super League, thanks to a late winner from substitute Parthib Gogoi.
India's AFC U17 Women's Asian Cup campaign began with a 0-2 defeat against Australia, marking their return to the competition after 21 years. Theodora Mouithys and an own goal secured the win for Australia.
Two Enforcement Directorate officers who participated in the raid against I-PAC in Kolkata this January received an award for their 'exceptional competence'.
Indian benchmark indices Sensex and Nifty experienced declines due to a sharp rally in crude oil prices, continuous foreign fund outflows, and geopolitical uncertainties. Regulatory developments in the banking sector, particularly the implementation of the Expected Credit Loss (ECL) framework, also contributed to the selling pressure.
India's manufacturing sector experienced a mild recovery in April, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 54.7 from 53.9 in March. However, inflationary pressures intensified, with input costs increasing at the fastest pace since August 2022, largely attributed to the Middle East conflict.
The Directorate of Revenue Intelligence (DRI) has uncovered a smuggling operation at Nhava Sheva Port in Navi Mumbai, seizing 132 containers of restricted watermelon seeds and green peas worth Rs 139 crore.
A 19-year-old nursing student from Kerala was found dead in his hostel room in Bengaluru, with police investigating the possibility of suicide and allegations of foul play.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.
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.
A personal assistant to BJP leader Suvendu Adhikari was shot dead in West Bengal's North 24 Parganas district, triggering political tensions and a police investigation.
Gurugram police have arrested two individuals, including a director of an infra firm, for allegedly defrauding investors through fake real estate projects connected to Dhirendra Shastri's 'Aparna Ashram'.
Andhra Pradesh is spearheading an ambitious initiative to establish a fully integrated beach sand minerals, rare earth, and titanium ecosystem, aiming to attract over 50,000 crore in investments over the next decade. This move is part of India's broader strategy to reduce its reliance on China for strategic minerals and permanent magnets, with the state preparing a comprehensive rare earth policy and planning specialised industrial clusters.
The Indian men's table tennis team rallied to defeat Slovakia 3-2 in a Group 7 match at the ITTF World Team Table Tennis Championships in London.
Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.
World number one Jannik Sinner powered into the Madrid Open final with a 6-2, 6-4 victory over Arthur Fils on Friday, keeping alive his bid for a record fifth successive ATP Masters 1000 title.
Mirra Andreeva overcame a late challenge from Hailey Baptiste to win their semi-final match and advance to the Madrid Open final.
The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.
India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.
The scorching summer heat is frying these Indian towns and cities.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.
Oscar Bruzon has announced he will step down as head coach of East Bengal at the end of the current Indian Super League season, citing the absence of long-term planning and clarity over the club's future.
Prime Minister Narendra Modi asserted India's unwavering stance against terrorism on the first anniversary of the Pahalgam terror attack, vowing that the country will never bow to terror and that the designs of terrorists will never succeed.
Indian equity benchmark indices Sensex and Nifty rallied in early trade, driven by reports of a second round of talks between the US and Iran, which are fostering hopes for a resolution to the West Asia conflict, coupled with Brent crude oil prices trading below the USD 100 per barrel mark.
In a significant diplomatic manoeuvre aimed at de-escalating regional tensions, Iran has reportedly submitted a "new proposal" to the United States through Pakistani intermediaries.
Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.
Israel Weapons Industries (IWI) has delivered the first batch of NEGEV 7.62x51 light machine guns to India under the 'Make in India' initiative, marking a significant step in India-Israel defence cooperation and indigenous defence manufacturing.
Mahesh Narayanan's Patriot is a cerebral spy thriller that delves into the weaponisation of digital surveillance against civilians and the targeting of whistleblowers, featuring Mammootty, Mohanlal, and Fahadh Faasil.
The INDIA bloc faces challenges after recent state election defeats for key members like TMC and DMK, potentially shifting internal dynamics and leadership considerations.
UK-based Gorilla Technology Group is expanding its AI infrastructure collaboration with Yotta Data Services in India, deploying additional GPU cards to support large-scale AI compute infrastructure.
The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.
Thane police arrested 23 people, including two foreign nationals, and seized narcotics worth nearly 1.4 crore during a week-long anti-drug campaign.
Jamshedpur FC secured a 2-0 victory against FC Goa in the Indian Super League, with late goals from Mohammed Sanand and Madih Talal propelling them to the top of the standings.
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