Skye Air Mobility has raised USD 9 million in a Series B funding round to expand its hyperlocal drone delivery services across key metropolitan markets in India.
PV Sindhu, Lakshya Sen, and Kidambi Srikanth secured victories in their respective singles matches at the Thailand Open Super 500 tournament, while other Indian players experienced mixed results.
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.
Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.
The Indian rupee weakened against the US dollar due to geopolitical tensions surrounding the Strait of Hormuz and ahead of the Reserve Bank of India's monetary policy review.
Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
The 18th edition of the TCS World 10K Bengaluru is set to welcome a record number of participants, with elite athletes and a substantial prize purse adding to the excitement.
Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.
The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.
A strong contingent of Indian golfers, including Sachin Baisoya, Karandeep Kochhar, and Gaganjeet Bhullar, are set to compete at the Singapore Open, part of the International Series on the Asian Tour.
Hans Moke Niemann of the United States won the Super rapid and blitz in Warsaw, while India's D Gukesh finished sixth. Niemann secured the title with a strong finish, while Gukesh had a mixed performance.
Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.
PV Sindhu, Lakshya Sen, and Kidambi Srikanth progressed to the singles second round with straight-game wins on a mixed day for India at the Thailand Open Super 500 tournament.
Neeraj Chopra will head to the Olympic Training Centre in Switzerland from May 25, while shooter Manu Bhaker has jetted off to Italy after the Sports Ministry approved their foreign exposure proposals in view of this year's Commonwealth and Asian Games.
A new report suggests that blending 20 per cent dimethyl ether (DME) with LPG could significantly reduce India's LPG imports, leading to substantial savings in foreign exchange.
PV Sindhu lost to Akane Yamaguchi in the quarterfinals of the Thailand Open, squandering an early lead in the second game. Despite the loss, Sindhu holds a lead in head-to-head records against Yamaguchi.
Crude oil prices experienced a sharp decline after US President Donald Trump announced a temporary halt to military strikes on Iran's energy infrastructure, easing geopolitical tensions and supply disruption fears.
US President Donald Trump has renewed his call for a high-security ballroom at the White House, citing security concerns after a shooting incident near a journalists' dinner he attended.
The Indian rupee appreciated by 23 paise to settle at 92.91 against the US dollar, driven by a weakening American currency, retreating crude oil prices, and renewed foreign institutional investor (FII) inflows amid increasing hopes of easing geopolitical tensions.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
Lakshya Sen and PV Sindhu will lead India's challenge at the Thailand Open Super 500 tournament, following the country's bronze-medal finish at the Thomas Cup Finals.
Hybrid mutual fund schemes attracted significant inflows of Rs 1.55 lakh crore in FY26, a 29 per cent increase, as investors increasingly opted for diversified investment strategies to navigate volatile market conditions and geopolitical tensions.
The FBI has increased the reward to USD 1 million for information leading to the arrest of Bhadreshkumar Chetanbhai Patel, an Indian national wanted for allegedly murdering his wife in Maryland in 2015.
The Trinamool Congress has launched a sharp attack on the Narendra Modi government over rising fuel prices, economic concerns, and exam irregularities, accusing the Centre of betraying citizens.
The family of Savitha Shanmugasundaram, an Indian-origin student killed in a shooting in Austin, has launched a one-million-dollar scholarship in her memory to support students from low-income families.
The Indian rupee depreciated by 28 paise to settle at 93.44 against the US dollar, influenced by ongoing uncertainties surrounding West Asia peace negotiations, volatile crude oil prices, and the Reserve Bank of India's recent adjustments to non-deliverable forward market regulations.
The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying.
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.
Gulveer Singh, India's national record holder in 10,000m and 5,000m, will lead the Indian elite field at the 18th TCS World 10K Bengaluru, scheduled for April 26. The event, a World Athletics Gold Label Race, features top international and Indian distance runners.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.
A 76-year-old man in Belagavi was allegedly cheated of Rs 7.9 lakh in an online investment scam that used an AI-generated deepfake video misusing the name of Finance Minister Nirmala Sitharaman to lure investors.
The rupee recovered 55 paise from its all-time low level to close at 90.38 against the US dollar after a volatile trade on Wednesday, amid suspected aggressive central bank intervention.
The Supreme Court is reviewing a plea challenging the 2025 SHANTI Act, which caps liability at Rs 3,000 crore for nuclear plant incidents, raising concerns about victim compensation and operator accountability.
The National Stock Exchange (NSE) will launch Dated Brent Crude Oil (Platts) futures on April 13, offering a new hedging tool for market participants.
India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.
Major champion Justin Rose is set to make his professional debut in India at the DP World India Championship. The tournament, co-sanctioned with the PGTI, boasts a significant prize fund and underscores India's growing importance in elite golf.
Satwiksairaj Rankireddy and Chirag Shetty displayed resilience and skill to reach the men's doubles final at the Thailand Open Super 500 badminton tournament, overcoming Malaysia's Goh Sze Fei and Nur Izzuddin in a thrilling three-game match.
Gulveer Singh, the Asian champion and national record holder, will lead the Indian contingent at the TCS World 10K Run Bengaluru, a World Athletics Gold Label race.
