Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 points or 0.45 per cent to 25,195.80.
India's National Security Advisor Ajit Doval is expected to attend a major security meeting in Moscow next week, organized by Russia's Security Council. Doval is invited for the 13th international meeting of high representatives for security issues, taking place from May 27-29. The meeting, chaired by Sergei Shoigu, Secretary of the Security Council of the Russian Federation, will see participation from over 150 countries and international organizations. Pakistan's NSA, Lt Gen Asim Malik, is also expected to attend the meeting, leading to speculation of a possible face-to-face meeting between the two NSAs amidst heightened tensions between India and Pakistan following the Pahalgam attack and subsequent retaliatory actions.
With two Tests left, India trailing the five-match series 1-2, and Bumrah available for only one of them, Panesar feels India needs to go all out in Manchester next week.
Doval briefed his counterparts in the United States, United Kingdom, Saudi Arabia and Japan about India's missile strikes against terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir. He also established contact with Russia and France, officials said.
Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
B Sai Sudharsan is set to become the rookie face in the Test squad along with T20 specialist left-arm pacer Arshdeep Singh.
China defends its construction of a dam on the Brahmaputra river in Tibet, addressing concerns from India and Bangladesh about its potential impact on water flow and the environment.
Action, romance, comedy, drama unlimited on OTT this week, lists Sukanya Verma.
"He is going to be our strike bowler": Sachin Tendulkar on Jasprit Bumrah ahead of Leeds Test against England
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.
Irfan Pathan criticised believes controlling restricting the number of overs sent down by pace spearhead Jasprit Bumrah during the Lord's Test proved crucial.
Trading activity of foreign investors and crude oil prices would also remain in the limelight during the week, experts noted. "This week brings a series of important economic data releases from India and the United States, which are likely to influence market sentiment and central bank outlooks.
From the Sensex firms, Hindustan Unilever, Kotak Mahindra Bank, Trent, Reliance Industries, Asian Paints and ITC were among the gainers. However, Bharat Electronics Ltd, Tech Mahindra, UltraTech Cement, Maruti and Eternal were among the laggards.
India's National Security Advisor Ajit Doval briefed US Secretary of State Marco Rubio on the country's missile strikes against nine terrorist targets in Pakistan. The strikes, dubbed "Operation Sindoor," targeted terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir. India stated that the strikes were measured, responsible, and non-escalatory in nature, targeting only known terror camps. The strikes followed a deadly attack on civilians in Jammu and Kashmir on April 22, for which India has accused Pakistan-based terrorists. The Indian government has cited credible leads, technical inputs, and survivor testimony as evidence of Pakistan's involvement in the attack.
From the Sensex pack, Bharti Airtel, Asian Paints, Infosys, Bharat Electronics, Tech Mahindra and Eternal were major laggards. However, Maruti, Tata Steel, Bajaj Finance, Bajaj Finserv, Trent and Tata Consultancy Services were among the gainers.
Maharashtra Deputy Chief Minister Ajit Pawar has assured the public that the government's flagship 'Ladki Bahin' scheme, which provides financial assistance to women, will continue. This scheme, which is believed to have been a significant factor in the ruling Mahayuti's victory in the state polls last year, provides women with Rs 1,500 every month. Pawar, who is also the state's finance minister, clarified that there is no question of scrapping the scheme and that budgetary allocation has been made for its implementation. Earlier, state Women and Child Development Minister Aditi Tatkare also clarified that there has been no change in the amount of assistance provided under the scheme. The only adjustment made is that women already receiving Rs 1,000 under another scheme are being paid the difference of Rs 500, ensuring that they receive the full Rs 1,500. Tatkare addressed media reports claiming the aid under the scheme had been reduced, stating that this was not the case and that no eligible woman had been excluded from the scheme.
China has expressed its support for Russia's initiative to revive the Russia-India-China (RIC) troika, emphasizing its importance for regional and global security and stability.
'When the time comes, we will take a decision following a discussion with the alliance partners.'
Observing that the name and photographs of Sharad Pawar cannot be used by the Ajit Pawar faction for political gains, the Supreme Court on Thursday sought a response from the Nationalist Congress Party (NCP) faction led by the Maharashtra deputy chief minister on a plea of the veteran Maratha leader alleging misuse of his popularity by the rival camp.
The Congress party launched a scathing attack on the central government regarding the Pahalgam terror attack and Operation Sindoor, demanding accountability from Home Minister Amit Shah and clarification on the number of Indian jets downed during the operation.
I don't subscribe to begani shaadi mein Abdullah diwana, Fadnavis said.
The Nationalist Congress Party (NCP) has expelled a local leader and his son after they were named in a dowry harassment and abetment to suicide case in Pune, India. The victim, Vaishnavi, allegedly hanged herself on May 16 after facing harassment from her in-laws for dowry. The police have arrested her husband, mother-in-law, and sister-in-law, while the father-in-law and brother-in-law are absconding. The case has garnered attention due to the involvement of Maharashtra Deputy Chief Minister Ajit Pawar, who attended the couple's wedding and gifted them an SUV.
Sanjay Bangar says selectors would be vindicated if India win series against England
Senior advocate Abhishek Singhvi, appearing for Sharad Pawar, said that on March 19, this court passed a reasoned order in which they (Ajit Pawar group) were asked to issue advertisements that the allocation of 'clock' symbol is sub judice before this court and they were permitted to use the same subject to final outcome of these proceedings.
Confirming the development, Leader of Opposition in the legislative council Ambadas Danve of the Shiv Sena-Uddhav Balasaheb Thackeray said the boycott is a mark of protest against a "dishonest government".
Ravi Shastri cautions India about resting Bumrah in second Test against England
The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors' sentiment during the week.
From the Sensex firms, Adani Ports declined 2.42 per cent. Bajaj Finserv, Bajaj Finance, Power Grid, Eternal, IndusInd Bank, Maruti, Tata Consultancy Services and UltraTech Cement were among the biggest laggards. Mahindra & Mahindra emerged as the only gainer in the pack.
"Not make him bowl more than 12-13 overs a day": Ganguly on utilizing Bumrah on England tour
Six of the 12 Indian badminton players were barred from participating at the World University Games due to an alleged administrative lapse.
Nationalist Congress Party (Sharadchandra Pawar) president Sharad Pawar has invited Maharashtra Chief Minister Eknath Shinde, deputy CMs Devendra Fadnavis and Ajit Pawar to share a meal at his residence in Baramati during their visit to his hometown on March 2.
Maharashtra Chief Minister Devendra Fadnavis on Thursday inaugurated the final 76-km-long stretch of the Samruddhi Mahamarg, making the entire 701-km Mumbai-Nagpur corridor fully functional and bringing down the travel time between the two cities to eight hours from around 18 hours.
Will Jasprit Bumrah be ready to play the second Test at Edgbaston? That is the biggest question confronting the Indian team management as the visitors look to draw parity against England after losing the series opener from a commanding position at Leeds.
Defence Minister Rajnath Singh, in his meeting with Chinese counterpart Dong Jun in Qingdao on June 26, proposed that India and China should solve the "complex issues" under a structured roadmap comprising steps to de-escalate tensions along the frontiers and rejuvenate the existing mechanism to demarcate the borders.
Pawar urged people not to fall prey to the Opposition's "fake campaigns", highlighting government schemes for the youth, women, Warkaris (followers of Lord Vithoba) and others.
Four Years Later shines in various moments that instantly resonate with you, thanks to Shahana Goswami, observes Divya Nair.
This video is being viewed as the NCP-SP party's response to the appeal made by the rival camp's head and Deputy Chief Minister Ajit Pawar to vote for the name 'Pawar' in Baramati in the upcoming general elections.
Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.
Jasprit Bumrah is likely to play the first, second and fourth Tests.
Speculation is rife that Sunetra Pawar could be fielded by the Ajit Pawar-led NCP in the Baramati Lok Sabha constituency against Sule, who is Ajit's cousin and the daughter of party founder Sharad Pawar.
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