India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
Uncertainty surrounds the planned second round of peace talks between the US and Iran in Islamabad, as both sides engage in brinkmanship. Despite Pakistan's security preparations, Iran has yet to confirm its attendance, citing a lack of seriousness from the US in pursuing diplomacy and violations of the ceasefire.
India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
Frankly, was it really necessary in the middle of a fratricidal war for External Affairs Minister S Jaishankar to travel to Abu Dhabi for a one-on-one with the sheikh on April 12?Or, for National Security Advisor Ajit Doval to follow up on April 26? Or, for PM Narendra Modi to follow through today? There are no easy answers, notes Ambassador M K Bhadrakumar.
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 vessels are carrying around 92,600 metric tonnes of LPG and have 33 and 27 Indian seafarers onboard, respectively. Visuals showed Pine Gas crossing the critical chokepoint.
The Indian trio of Deepika Kumari, Ankita Bhakat, and Kumkum Mohod secured the women's recurve team gold medal at the Archery World Cup Stage 2 in Shanghai, defeating China in a tense shoot-off. India finished the campaign with two medals, including a bronze in the men's individual compound section.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
Production growth in India's eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February, impacted by contractions in crude oil, natural gas, and refinery products output.
Preferential equity listings in India reached an unprecedented 1,307 in FY26, marking a 33% increase from the previous year and reflecting a strategic choice for companies during market volatility.
The Indian women's recurve team, consisting of Deepika Kumari, Ankita Bhakat, and Kumkum Mohod, secured a gold medal at the Archery World Cup Stage 2 in Shanghai, defeating China in a tense shoot-off. This victory marks India's first World Cup women's team gold since 2021 and follows a stunning semi-final win against South Korea.
The Indian government has increased import duties on gold and silver from 6 per cent to 15 per cent to curb inbound shipments of precious metals amid a rising import bill due to the West Asia crisis.
An expert from the ICMR's National Institute of Virology addresses concerns about hantavirus cases detected on a cruise ship, stating there is no immediate public health threat to India and that the cases appear isolated.
Maharashtra's Chief Minister inaugurated the 'Missing Link' project on the Mumbai-Pune Expressway, designed to bypass a steep mountain pass, reduce travel time, and boost economic activity.
Lovlina Borgohain and Sakshi Chaudhary secured their spots for the Commonwealth Games and Asian Games after winning their respective selection trials.
Despite ongoing tensions in West Asia, the successful arrival of the LPG carrier 'Nanda Devi' in Gujarat ensures a steady supply of liquefied petroleum gas to India, highlighting the country's efforts to secure its energy needs.
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
Global cybersecurity firm Kaspersky plans to significantly increase its investments in India, leveraging the country as a hub for regional services due to strong financial performance and the escalating threat landscape.
India's manufacturing sector experienced a mild recovery in April, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 54.7 from 53.9 in March. However, inflationary pressures intensified, with input costs increasing at the fastest pace since August 2022, largely attributed to the Middle East conflict.
India's defence expenditure surged to $92.1 billion in 2025, making it the world's fifth-largest military spender, according to SIPRI data. This 8.9 per cent year-on-year rise was primarily driven by operational and procurement needs following heightened regional tensions with Pakistan in May 2025.
The country also mounted bids on some high-profile continental and global events, including the 2031 World Athletics Championships with Ahmedabad as the proposed venue.
Iranian Foreign Minister Seyed Abbas Araghchi spoke with Indian counterpart S Jaishankar to discuss the West Asia crisis, following discussions with Russian President Vladimir Putin.
A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's silence on the NEET paper leak controversy, demanding the sacking of Education Minister Dharmendra Pradhan and questioning the government's handling of the situation.
India has advised its citizens residing in Iran to leave the country due to the evolving security situation, including protests and fears of potential US military action.
The Indian Embassy in Bamako has issued an advisory urging Indian nationals in Mali to remain vigilant and exercise caution due to recent security developments and reported attacks.
Quick commerce platforms are experiencing a significant increase in demand for ready-to-eat food items as urban households face disruptions in cooking gas supply and a temporary outflow of migrant domestic help.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
The Ministry of Home Affairs (MHA) has decided to convene a meeting of the sub-committee for political dialogue with representatives of agitating Ladakh groups on May 22, according to Lt Governor Vinai Kumar Saxena.
A vessel carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at Deendayal Port Authority in Kandla, Gujarat, after crossing the Strait of Hormuz amid the West Asia crisis.
Sarfaraz Khan was a part of the Indian side on the tour of Australia where he didn't play any match and since then has not been considered for any of the 'A' team assignments as well.
The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.
Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.
Maruti Suzuki has discontinued its Ignis hatchback due to weak sales and a shift towards SUVs, while simultaneously facing supply chain issues for its popular S-Presso and WagonR models, leading to booking halts at some dealerships.
Iranian Foreign Minister Seyyed Abbas Araghchi stated that the Strait of Hormuz remains open to all commercial vessels, requiring ships to coordinate with Iranian naval forces due to regional tensions and a US blockade.
Maharashtra Chief Minister Devendra Fadnavis rode a motorcycle to work following Prime Minister Modi's appeal to cut down fuel consumption amid the ongoing conflict in West Asia.
If Trump doesn't like India, that is his choice. But to use such distasteful language on a public platform is deeply offensive and needs to be called out, points out Amberish K Diwanji.
Yunus's office, meanwhile, reconfirmed that financial and welfare assistance would be provided to Das' family, and relevant authorities would remain in close contact with them in the coming period.
Former Union minister Dinesh Trivedi has been appointed as India's next High Commissioner to Bangladesh, signalling efforts to strengthen bilateral relations between the two countries.
The Ministry of External Affairs (MEA) reports that over 1,150 Indian nationals have been evacuated from Iran through land borders into Armenia and Azerbaijan since the start of the West Asia conflict. The MEA also confirmed that three Indians were injured in attacks in the UAE.
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