Trinamool Congress (TMC) leaders Kalyan Banerjee and Kirti Azad have launched a scathing attack on rebel party MPs, accusing them of lacking political morality, maintaining links with the BJP, and abandoning party workers amidst alleged harassment and political attacks.
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Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.
India's wholesale price inflation surged to 3.88 per cent in March, marking the fifth consecutive monthly increase, primarily driven by a sharp rise in crude petroleum, natural gas, and manufactured items amidst the West Asia crisis.
The parents of Jerin George, a native of Haripad in Kerala, have appealed to authorities to help bring their son home after he became stranded on an Iranian ship due to the conflict in West Asia.
Most north Indian states reported below-normal temperatures on Monday, with rain and thunderstorms lashing parts of Uttar Pradesh, Rajasthan, and Himachal Pradesh. The southwest monsoon is expected to arrive in Kerala in the next two to three days.
Former West Bengal chief minister Mamata Banerjee on Sunday said members of the INDIA bloc were likely to meet in the first week of June to discuss a joint strategy, while asserting that the opposition camp was prepared for a prolonged political battle.
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
The Election Commission of India (ECI) has expressed serious concerns regarding the deployment of police personnel to provide security to individuals allegedly connected to the Trinamool Congress (TMC) in West Bengal ahead of the elections, directing the Director General of Police (DGP) to conduct a review and ensure impartiality.
A top Iranian official has blamed the US and Israel for the disruption of global supply chains due to the West Asia conflict, stating that Tehran is not happy about the consequences faced by countries like India.
A rebellion within the Trinamool Congress is expected to significantly increase the NDA's numbers in both the Rajya Sabha and Lok Sabha, bringing the ruling alliance closer to a two-thirds majority needed for constitutional amendments. This shift is driven by upcoming Rajya Sabha elections, TMC MP resignations, and potential support from defecting TMC Lok Sabha members.
Union Home Minister Amit Shah addressed poll rallies in West Bengal, promising to tackle corruption and illegal immigration if the BJP comes to power. He criticised the current TMC government and outlined the BJP's plans for the state.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.
Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.
Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, promising to end the 'reign of fear' and address corruption, while criticising the TMC government's performance.
Maharashtra Congress leader Naseem Khan met with the representative of Iran's Supreme Leader in India to express condolences for the deaths of Ayatollah Khamenei, soldiers, and civilians in the West Asia conflict.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
Speculation about a possible rapprochement or merger between the Congress and the Trinamool Congress (TMC) has exposed deep divisions within the Congress's West Bengal unit, with senior state leaders vocally opposing any alliance with Mamata Banerjee.
The TMC is grappling with an extraordinary internal paradox as its legislative faction in West Bengal pledges 'constructive opposition' against the BJP, while a significant portion of its Lok Sabha MPs surprisingly aligns with the BJP-led NDA, exposing a profound ideological schism within the party.
The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.
Prime Minister Narendra Modi will hold a video conference with chief ministers of most states to assess their preparedness and strategies in response to the ongoing conflict in West Asia.
The 70-foot statue of Lionel Messi in Kolkata, West Bengal, is set to be dismantled due to safety concerns after being found unstable in the wind.
Senior BJP leader Smriti Irani has criticised the TMC government in West Bengal, alleging corruption and failure to ensure women's safety. She promised a monthly cash support of Rs 3,000 for every woman if the BJP is voted to power.
'Horror keeps me safe. When I tried to do something else and abandoned the spirits, I landed up in prison.'
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.
Uttar Pradesh Chief Minister Yogi Adityanath has accused the TMC of pursuing appeasement policies in West Bengal, urging voters to support a BJP government for inclusive governance and development.
A PIL has been filed in the Supreme Court seeking a detailed constituency-wise disclosure of disenfranchisement caused by the Special Intensive Revision (SIR) of electoral rolls in West Bengal.
India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.
West Indies players are leaving India on commercial flights in batches after their departure was delayed due to international airspace closures amid ongoing conflict in the Middle East, the Caribbean side's governing body CWI said on Tuesday.
Madhya Pradesh minister Kailash Vijayvargiya expressed his joy over the BJP's victory in the West Bengal assembly polls, calling it a significant gift to the nation from PM Modi and Amit Shah, while also alleging the previous TMC government fostered anti-national activities.
Senior TMC leader Firhad Hakim has resigned as the mayor of the Kolkata Municipal Corporation (KMC), citing an inability to function properly. His resignation, approved by Mamata Banerjee, comes amidst significant political turbulence within the TMC following recent election defeats and a wave of councillor resignations, raising questions about the party's urban political structure.
'DRDO has been directed to license missile technologies to the private sector.'
External Affairs Minister S Jaishankar discussed the West Asia conflict's impact on the global economy, particularly energy security, with US Secretary of State Marco Rubio. He also engaged with GCC ambassadors and his Sri Lankan and German counterparts on the same issue.
Suryakumar Yadav and Shubman Gill are missing from the list of probables for the Asian Games, while Vaibhav Sooryavanshi has been included in the 30-member squad submitted by the BCCI to the IOA.
While the West Asia conflict has led to a drop in patient footfalls, hospitals are seeing higher realisations as international patients increasingly travel for complex, high-end procedures.
Manav Suthar starred on Test debut with figures of 6 for 33 as India bowled out Afghanistan for 152 and enforced the follow-on. The Rajasthan spinner registered the second-best bowling figures by an Indian on Test debut.
Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.
India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.
Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.
Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.
