A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Iran has strongly rejected former US President Donald Trump's assertion that the Strait of Hormuz is 'NEW U.S. TERRITORY', with top officials warning that his 'delusions' would be 'corrected' and highlighting the gap between Washington's claims and its actual influence over the strategic waterway.
The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
Mexico and Argentina's football associations have publicly backed FIFA President Gianni Infantino, despite a significant backlash over his abandoned proposal to sell commercial rights to the World Cup, with other confederations and national bodies expressing strong opposition.
Regional football powerhouses, including UEFA, AFC, and CONCACAF, are reportedly discussing a vote of no confidence against FIFA President Gianni Infantino. This move comes after Infantino angered them with a proposal to sell a stake in the World Cup to private investors. Despite significant opposition, Infantino retains support from some member associations, particularly from Africa, complicating any challenge to his leadership ahead of the 2027 election.
The BCCI has thanked assistant coach Ryan ten Doeschate and fielding coach T Dilip after the duo's successful stints with Team India came to an end, acknowledging their behind-the-scenes role in the team's achievements.
Veteran athletics coach Parveer Singh, who guided athletes like Seema Punia, Tajinderpal Singh Toor, and Annu Rani to international medals, has been named for the prestigious Dronacharya Award. The article details his extensive career spanning over two decades, his role as a coach educator, and his academic contributions to sports coaching.
We are back to the 1971 moment with both China and the US supporting Pakistan, asserts Colonel Anil A Athale (retd).
Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.
Having registered a ninth-place finish in the 2023 edition held at Bhubaneswar, India will be aiming to bring the gold home, riding on the back of the momentum of two back-to-back Olympic bronze medals, an Asia Cup title win, two Asian Champions Trophy wins and an Asia Cup gold.
Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.
Giant-killer Ayush Shetty on Monday described his stunning win over defending champion and world No. 1 Shi Yu Qi as "special", but was quick to stress that the job is far from done at the ongoing BWF World Championships.
Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
'After announcing that she will return to Bangladesh, if she does not, her credibility will suffer.'
Pakistan, Saudi Arabia and Turkiye on Friday signed a key joint defence agreement under which an attack against one of them will be treated as an attack against all of them, amid increasing security concerns in the wake of escalating tensions in West Asia.
A proposed deal between Iran and Oman could grant Tehran control over vessels entering the Gulf through the Strait of Hormuz, according to a senior Iranian source and two regional officials who spoke to Reuters on Wednesday, in what represents one of the most significant concessions made to Iran to date.
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
India is currently examining Bangladesh's request for the extradition of former prime minister Sheikh Hasina, who has been living in India since her government's collapse in August 2024, with New Delhi confirming the issue is being processed according to established procedures.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
A powerful 7.8-magnitude offshore earthquake struck the southern Philippines, killing at least four people, injuring over 200, damaging buildings, and triggering tsunami warnings across parts of Southeast Asia.
India skipper Shubman Gill has shed light on the team's meticulous approach to player fitness, explaining that while constant monitoring is in place, risk-avoiding decisions are sometimes necessary, especially in the demanding format of Test cricket, to protect both the player and the team's long-term interests.
Former India hockey captain Viren Rasquinha has publicly questioned Hockey India's decision to switch the national team's jersey colour to orange, arguing that the team's identity and legacy have always been associated with blue.
India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.
The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
Ayush Shetty, Unnati Hooda, Simran Singhi, and Kavipriya Selvam are set to make their BWF World Championships debut as India hosts the prestigious badminton event after 17 years, offering a significant platform for these rising stars.
Indian badminton stars Lakshya Sen, Satwiksairaj Rankireddy, Chirag Shetty, and Ayush Shetty are preparing for the BWF World Championships in New Delhi. Sen, a former bronze medallist, aims for a deep run despite an inconsistent year, while the doubles pair focuses on adapting to court conditions. Rising star Ayush Shetty faces a tough opening challenge against world No. 1 Shi Yuqi, with all players expressing excitement about playing in front of a home crowd and noting improved venue conditions.
Prime Minister Narendra Modi has highlighted the risks posed by the 'weaponisation' of resources and strategic sea routes, urging India to achieve greater self-reliance in energy to mitigate vulnerabilities to overseas supplies and geopolitical tensions.
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.
The Trophy Tour for the 135th Durand Cup has concluded in Kolkata, marking the final stop before Asia's oldest football tournament begins. Kolkata will host 16 matches, including the highly anticipated Kolkata Derby and the final. The tournament features 24 teams from across five cities, with West Bengal sports minister and the organising committee chairman emphasising the city's deep connection to football and the tournament's legacy.
'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'
India's position appears to be anchored around three red lines: Hasina's safety and the guarantee of a fair trial; assurances that Bangladeshi territory will not be used for activities hostile to India; and the restoration of an inclusive democratic process in Bangladesh.
The economic fallout of the West Asia crisis, the prevailing security situation in the Indo-Pacific and ways to boost cooperation in critical minerals and technology are expected to top the agenda at a crucial meeting of the Quad foreign ministers on Tuesday.
India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant surge in crude oil prices, exacerbated by escalating tensions in the West Asia. Track how Sensex, Nifty fared on July 23.
The Indian U18 ice hockey team, led by Gurtej Singh Bhatti, will participate in the U18 Asia Cup in Bishkek, Kyrgyzstan, from April 27 to May 3, according to the national federation.
