The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.
The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.
Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.
India's industrial production growth decelerated to a five-month low of 4.1 per cent in March, primarily due to the subdued performance of the manufacturing and power sectors, exacerbated by the West Asia crisis.
India's like-for-like gross Goods and Services Tax (GST) revenue growth slowed to a five-year low of 5.57 per cent in FY26, reaching Rs 23.32 trillion, primarily driven by a significant surge in import revenues.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
A Swedish study reveals that individuals born with low birth weight face a significantly elevated risk of stroke in early adulthood, regardless of their BMI or gestational age.
New completions in India's office real estate sector fell by 36 per cent to 9.7 million square feet in Q1 2026, the lowest in four quarters, primarily due to developers adopting a cautious stance amid global uncertainties, particularly in Bengaluru, Hyderabad, and Mumbai. Despite this, office absorption increased by 20 per cent, indicating strong occupier demand.
New demat account additions in India reached an 11-month low in March, with only 2.15 million new accounts opened, significantly below the 12-month average. This slowdown is attributed to a sharp decline in equity markets, escalating West Asia tensions, and increased crude oil prices impacting India's economic outlook.
The Indian rupee depreciated significantly against the US dollar, reaching a new all-time low due to rising oil prices, a strong dollar, and ongoing geopolitical concerns. Domestic equity market declines and foreign investment outflows further contributed to the rupee's weakness.
India's manufacturing sector growth slowed to a four-year low in March, impacted by cost pressures, competition, market uncertainty, and the Middle East conflict, according to the HSBC India Manufacturing PMI.
The Jammu and Kashmir government reports that over 3,000 schools have experienced low or zero enrolment since 2022, prompting school closures and mergers. The report details the financial implications and district-wise breakdown of the affected schools.
The glycemic index ranks carbohydrate-containing foods by how quickly they raise blood sugar.
India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.
The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.
"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
India has successfully conducted the first flight trial of its indigenously developed Tactical Advanced Range Augmentation (TARA) glide weapon system off the coast of Odisha, marking a significant step in enhancing its defence capabilities.
TARA is India's first indigenous modular glide weapon, capable of transforming conventional unguided warheads into long-range precision-guided weapons.
Chanmari FC secured a 2-0 victory against Dempo SC in an Indian Football League match, with goals from Lalruatsanga and Jota. The win moved Chanmari to fifth place, while Dempo dropped to sixth.
Bengaluru police have arrested six individuals for allegedly purchasing and selling banned narcotic substances, including MDMA and hydro ganja, to the public, with college students being among the buyers. The seized drugs are valued at over Rs 10 crore.
Punjab Police are investigating a low-intensity explosion near the army cantonment boundary wall in Amritsar's Khasa. The DGP suspects Pakistan's ISI may be involved, coinciding with the Operation Sindoor anniversary. Investigations are underway with multiple teams utilising various intelligence resources to apprehend the perpetrators.
Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.
The Indian rupee fell to a record low against the US dollar due to rising crude oil prices, foreign institutional investor selling, and weak domestic equity market sentiment.
A simple, humble grain-based drink, popular in Karnataka and Andhra Pradesh, is the secret to better digestion and sustained energy in the height of summer.
Samajwadi Party chief Akhilesh Yadav has blamed Union Home Minister Amit Shah for the recent twin blasts in Punjab, echoing similar sentiments expressed by Punjab Chief Minister Bhagwant Mann.
Deferred payment plans may come with a cost, which may not be immediately visible.
The Brihanmumbai Municipal Corporation (BMC) has announced a 30-hour water supply shutdown across parts of Mumbai between May 5 and May 6, 2026, for essential water tunnel connection and maintenance.
Enzo Fernandez's free kick secured Chelsea a 1-1 draw against Liverpool at Anfield on Saturday, ending the visitors' six-game losing run in the Premier League and earning caretaker manager Calum MacFarlane a first point in charge.
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
The BenQ EX271QZ has made its debut in India, introducing a high-performance option for gaming enthusiasts.
Royal Challengers Bengaluru defeated Mumbai Indians in a thrilling low-scoring match, thanks to a crucial six by Bhuvneshwar Kumar in the final over, eliminating Mumbai from playoff contention.
Indian-American golfer Akshay Bhatia moved closer to a top-10 placement, while Rory McIlroy began his chase of the leaders at the Truist Championship.
Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.
Indian benchmark indices Sensex and Nifty experienced volatile trade, declining in early deals before fluctuating, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties, particularly in West Asia.
Yuvraj Sandhu finished the third round of the Estrella Damm Catalunya Championship with an even par 72, placing him at T-46. Despite a strong start, a double bogey and a late bogey impacted his position on the leaderboard.
Krunal Pandya's gritty 73 and Bhuvneshwar Kumar's all-round heroics (4/23, 7 not out) powered Royal Challengers Bengaluru to a nervy two-wicket victory and knocked Mumbai Indians out of the race for IPL playoffs in Raipur on Sunday.
Veteran Congress leader Mani Shankar Aiyar has criticised his party's decision to ally with the TVK in Tamil Nadu, calling it 'dreadful' and 'low political opportunism'. He fears it could facilitate the entry of the BJP into Tamil Nadu's Dravidian political landscape.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.
The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.
While being in an air-conditioned room can make you feel pleasant and comfortable, it also has its disadvantages, says Dr Manjusha Agarwal, consultant-internal medicine at Gleneagles Hospital, Mumbai.
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