The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.
'Mojtaba Khamenei supervised the most recent repression in December 2025 and January 2026 which remains ongoing.'
Russian President Vladimir Putin asserted that any attempts to undermine India's sovereignty through 'threats of sanctions' would 'boomerang immediately' under Prime Minister Narendra Modi's leadership, highlighting India's sovereign decision-making and strong national interests.
Chinese President Xi Jinping has arrived in Pyongyang for his first official visit in seven years, meeting with North Korean leader Kim Jong-un to reaffirm their long-standing friendship and pledge further development of bilateral relations amidst Pyongyang's deepening military ties with Moscow and China's assertions against Japan's 'new militarism'.
One year after the devastating AI 171 plane crash in Ahmedabad, the profound grief and lasting trauma continue to haunt the victims' families and eyewitnesses, many of whom still struggle with a deep-seated fear of flying and the indelible scars of their loss.
Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57 and even suggested that the combat jet could even be jointly produced in India in line with the strong strategic partnership between the two countries.
Opposition parties in Punjab have criticised the AAP government following the killing of a police officer and a jail incident, alleging a breakdown of law and order in the state.
A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."
India's manufacturing sector activity reached a three-month high in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0, driven by robust domestic demand, infrastructure projects, and new business gains despite ongoing inflationary pressures.
The Indian government has imposed a new windfall gains tax of Rs 3 per litre on petrol exports, while simultaneously reducing the levy on diesel to Rs 16.5 per litre and aviation turbine fuel (ATF) to Rs 16 per litre, effective May 16.
Chinese leaders, including its generals, will have to weigh whether they can win a war if they ever attack Taiwan and if at all, can they sustain the subsequent devastation, notes Rup Narayan Das.
Pakistani authorities have arrested eleven social media activists in Punjab province for allegedly spreading provocative content against the army and inciting public unrest.
A new report from the Stockholm International Peace Research Institute (SIPRI) indicates that India has expanded its nuclear arsenal and is developing long-range weapons capable of reaching targets across China, while also maintaining focus on its rivalry with Pakistan.
Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.
The US has reportedly depleted nearly half of its advanced missile-defence interceptors while defending Israel during recent hostilities with Iran, raising concerns about future readiness.
Titan will continue investments, even as it notes it is too early to assess how customer sentiment and store footfalls will be impacted by the Prime Minister's appeal to reduce gold consumption and the recent hike in import duty.
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.
Iran has restored access to a significant portion of its underground missile infrastructure following months of excavation and repair work, highlighting the limits of US bombing strategy.
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.
'Moments like this remind us how fragile life really is.'
Donald Trump has dismissed the ceasefire with Iran as being on 'massive life support', signalling continued tensions between the US and Iran amid ongoing negotiations.
Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.
Mirra Andreeva and qualifier Maja Chwalinska have both reached the French Open women's singles final, ensuring a new Grand Slam champion will be crowned. Andreeva defeated Marta Kostyuk, while Chwalinska overcame Diana Shnaider. The tournament has seen early exits for top seeds, paving the way for these new contenders. Additionally, Sara Errani and Andrea Vavassori successfully defended their mixed doubles title.
Trump's phone calls with Netanyahu came after Iran threatened to end the negotiations with the US over Israel's attacks on Lebanon. Netanyahu had said Israel would hit "terror targets" in Beirut if Hezbollah did not stop attacking Israel.
Clashes between rival groups in two villages in Haryana's Nuh district after Bakrid prayers have left at least 12 people injured, police said.
Iranian President Masoud Pezeshkian stated that Iran is considering various paths to address regional tensions, including negotiations conducted with dignity and authority, while emphasising that military gains should be reinforced through diplomacy.
Amid rising tensions between Pakistan and Afghanistan, President Trump voices strong support for Pakistan, praising its leadership and overall performance.
US President Donald Trump indicated that a peace deal with Iran is possible, but stressed that military action remains an option if talks fail. He emphasised the need for guarantees against nuclear weapons in any agreement.
Congress leader Ramalinga Reddy has resigned from his ministerial position in the newly formed Shivakumar government in Karnataka, expressing strong displeasure over the portfolio allocated to him. He had sought the Bengaluru Development portfolio but was given Major and Medium Irrigation projects, leading to a significant setback for the new administration.
US President Donald Trump announced he halted planned military strikes on Iran following requests from Qatar, Saudi Arabia, and the UAE, citing ongoing discussions that could lead to a deal.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
The threat of wars hovers over the negotiations in Oman, but the good part is that Trump called the talks to be 'very good' and Iran's President Masoud Pezeshkian responded that they 'constitute a step forward', points out Ambassador M K Bhadrakumar.
India's fertiliser subsidy bill is projected to increase by approximately 70,000 crore, reaching around 2.41 trillion in FY27, primarily due to rising import costs exacerbated by the ongoing West Asia crisis.
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.
India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.
While tensions have eased at several friction points and mechanisms for managing the boundary have been reactivated, underlying differences persist. Disputes over naming practices in Arunachal Pradesh, continued infrastructure development on both sides, and unresolved questions regarding patrolling rights indicate that the structural gap remains, notes Dr Kumar.
Donald Trump claims a senior defence official urged military action against Iran, revealing escalating tensions and ongoing negotiations in the Middle East.
Former CIA Analyst, Larry Johnson, said on Friday that US President Donald Trump asked US chairman of the joint chiefs of staff, Dan Caine, if they could use the nuclear weapons, but the latter denied.
The BSE benchmark traded 44.43 points up at 76,521.93, and the Nifty quoted 17.20 points higher at 24,048.85. Track Stock markets on May 26.
Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today
