HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
India's Ayush Shetty defeated world number 4 Jonatan Christie to reach the semi-finals of the Badminton Asia Championships.
Prime Minister Narendra Modi addressed concerns about the impact of the West Asia conflict on India, assuring efforts to minimise its effects and prioritising the safety of Indian citizens working in the region. He also criticised the Congress party for making remarks that could endanger Indian lives for political gain.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
Indian quarter-miler Vishal TK, fresh from a historic season where he became the first Indian man to break the 45-second barrier in the 400m, is set to make his Commonwealth Games debut in Glasgow. The 22-year-old, a four-time national champion and a key member of India's relay teams, is confident of delivering a breakthrough performance, crediting his rigorous training at Inspire Institute of Sports and the support system for his preparation. He aims to continue raising the bar for Indian athletics on the global stage.
India's compound archers secured a gold medal in the mixed team event and a silver medal in the women's team event at the Asia Cup-World Ranking Tournament Stage 1 in Bangkok, increasing their medal count to four.
India's exports experienced their steepest fall in five months, declining by 7.44 per cent in March to $38.92 billion, primarily due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by over 50 per cent.
India on Tuesday expressed deep concern over the escalating conflict in Iran and the Gulf region, urging all sides to exercise restraint and prioritise civilian safety.
'We may be able to wind back some of the schedule reductions we'd taken in recent months.'
Indian batter Tilak Varma has defended his batting approach during the recent tours of Ireland and England, stating that his strike rate was dictated by match situations and team requirements rather than personal preference. He emphasised his commitment to adapting his game, whether it means aggressive hitting or anchoring the innings, based on the team's needs, especially when wickets were falling frequently.
India's compound archers, led by Rajat Chauhan and Chikitha Taniparthi, dominated the Asia Cup World Ranking Tournament, while the recurve team faced disappointment.
Uttar Pradesh Chief Minister Yogi Adityanath on Monday accused the Samajwadi Party of allowing the ancestral house of eminent hockey player KD Singh 'Babu' in Barabanki to go on sale, asserting that his government intervened to prevent it.
The Indian junior women's hockey team, led by Khaidem Shileima Chanu, will undertake an exposure tour of the United Kingdom from July 5 to 14. Under new coach Tim White, the 24-member squad will play seven matches against teams from Scotland, the United States, England, and Belgium, aiming to fine-tune strategies for upcoming international competitions like the Junior Asia Cup.
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
India is set to begin the international archery season with a mix of young talent and experienced archers at the Asia Cup Stage 1 in Bangkok, opting to test their squad depth ahead of the Asian Games.
Amidst global energy market volatility driven by the West Asia crisis, Russia has proposed increasing its crude oil and natural gas supplies to India, strengthening bilateral energy ties and aiming for USD 100 billion in annual trade by 2030.
Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.
The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.
Prime Minister Narendra Modi addressed the Indonesian parliament, emphasising India's commitment to development over expansionism and advocating for a free, open, and inclusive Indo-Pacific. He highlighted the strong historical ties between India and Indonesia, calling for enhanced cooperation in various sectors, including defence, technology, and counter-terrorism, amidst growing concerns over regional security.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
Prime Minister Narendra Modi has expressed deep concern over the escalating situation in West Asia, emphasising the need for dialogue and diplomacy to resolve disputes. India is closely monitoring developments to ensure the safety of its citizens in the region.
Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 9, 2026.
India's foreign secretary Vikram Misri on Thursday participated in a high-level meeting hosted by the United Kingdom on the evolving situation in West Asia, underlining concerns over maritime security, energy supply disruptions and the need for diplomatic de-escalation.
Prime Minister Narendra Modi addressed an NDA rally, assuring that the Indian government is providing assistance to Indian citizens stranded in West Asia due to the ongoing conflict. He criticised the Congress party for allegedly making provocative statements and spreading rumours regarding the crisis.
US President Donald Trump lauded Prime Minister Narendra Modi as a "very tough negotiator" and hinted at a future visit to India during their meeting on the sidelines of the G7 Summit, where they discussed trade, defence, and the West Asia crisis.
The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.
Foreign Ministers from Saudi Arabia, Egypt, and Turkiye convene in Pakistan for a summit aimed at de-escalating the ongoing conflict in West Asia, with Pakistan actively seeking to broker peace through dialogue and diplomacy.
China and Pakistan have jointly proposed a five-point peace plan to address the ongoing conflict in West Asia, focusing on de-escalation and safe passage through the Strait of Hormuz.
The Indian government has convened an all-party meeting to discuss the ongoing crisis in West Asia, following Prime Minister Modi's address to Parliament on the situation and its potential impact on India.
Young Indian badminton player Ayush Shetty discusses his experience at the Badminton Asia Championships, his loss in the final, and his plans for future improvement.
'We have to pull 80 million workers out of agriculture and go back to where we were in 2014. That itself is going to be a huge task.' 'We have already lost time, and that is a catastrophe impending.''
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
The Indian U-21 men's hockey team is set to undertake a crucial tour of Belgium, Austria, Germany, and the Netherlands in July 2026. This tour, featuring six high-intensity matches, is a vital preparation phase for the upcoming men's junior Asia Cup under new coach Frederic Soyez, aiming to build team cohesion and identity.
The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.
An Indian national has been killed in Kuwait following Iranian strikes on a power and water desalination plant, bringing the total number of Indian fatalities in the West Asia conflict to eight.
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.
