Indian equity benchmarks, Sensex and Nifty, ended lower after a spectacular rally, with the Sensex tumbling 931 points, as renewed tensions in West Asia, particularly the risk to the ceasefire deal after Iran closed the Strait of Hormuz, dampened investor optimism.
Lakshya Sen's remarkable comeback, Satwik-Chirag's gritty doubles win, and Ayush Shetty's decisive victory propelled India into the Thomas Cup Finals semifinals with a 3-0 triumph over Chinese Taipei.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.
The Vishva Hindu Parishad (VHP) has alleged a rise in targeted attacks on Hindus in Delhi, demanding a high-level review and the formation of a special task force to counter radical networks.
Citizens and residents across the Gulf region are preparing for Eid amidst regional conflict, impacting festivities and daily life.
Lakshya Sen's remarkable comeback and Satwik-Chirag's gritty doubles win propelled India to a 2-0 lead against Chinese Taipei in the Thomas Cup quarterfinals.
'PM Modi is trying to reduce the volume of fuel consumed instead of raising prices sharply.'
The Maharashtra government is nearing the acquisition of the Air India building in south Mumbai after the Finance Department transferred Rs 1,600 crore to the Public Works Department. The agreement with Air India Assets Holding Limited is expected to be signed within two weeks, providing much-needed office space for state government departments.
Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.
National Testing Agency (NTA) director general Abhishek Singh on Tuesday said the schedule for the re-conduct of the cancelled NEET-UG 2026 examination would be announced within the next seven to ten days, while assuring students that strict action was being taken against those involved in the alleged paper leak.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
India's fertiliser subsidy bill for the current financial year (FY27) is projected to increase by approximately 20% due to surging global prices, primarily driven by the West Asia crisis, a senior official confirmed. Despite this, retail prices for urea and di-ammonium phosphate (DAP) will remain unchanged, ensuring adequate supply for the kharif season.
A Marshall Islands-flagged LPG carrier, MT Sarv Shakti, carrying Indian cargo, has safely crossed the Strait of Hormuz on Saturday and is expected to reach Visakhapatnam on May 13, according to official sources.
PCB chairman Mohsin Naqvi has been invited to attend the ICC Board meeting and IPL 2026 final in Ahmedabad, with Pakistan PM Shehbaz Sharif expected to decide on the visit amid ongoing India-Pakistan tensions.
The Delhi High Court has stated it will examine the Wrestling Federation of India's selection policy before issuing any order on Vinesh Phogat's plea for a fair opportunity to return to competitive wrestling.
The benchmark BSE Sensex's trailing 12-month price-to-earnings (P/E) multiple has declined to 20.2x, its lowest since May 2020, driven by a record $42 billion FPI selloff since September 2024 and concerns over corporate earnings and economic growth.
Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.
India has expressed condolences over the death of Iran's Supreme Leader Ayatollah Ali Khamenei following a joint US-Israel strike, amidst rising tensions in West Asia and criticism over the sinking of an Iranian warship.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 27,048 crore from Indian equities so far in May, bringing the total outflows for 2026 to Rs 2.2 lakh crore, driven by global macroeconomic and geopolitical uncertainties.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's call for citizens to make economic sacrifices in response to the West Asia conflict, calling it 'evidence of failure'. Gandhi accused Modi of shifting responsibility onto the public and being incapable of running the country.
Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.
The Reserve Bank of India (RBI) has projected a 6.9 per cent GDP growth for the current financial year, citing concerns over commodity prices and supply chain disruptions stemming from the West Asia crisis.
The CBI has taken custody of five individuals arrested in connection with the NEET-UG exam leak and apprehended two more suspects. The agency is investigating the potential involvement of insiders within the National Testing Agency (NTA). Protests continue across the country, demanding accountability and reforms in the examination process.
Former Indian cricketer Ravichandran Ashwin has criticised the idea of creating two separate T20I teams for Team India, advocating for 'A' team tours to provide players with more exposure instead.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
Congress leader Rahul Gandhi has strongly criticised the Modi government following the cancellation of the NEET (UG) 2026 examination, citing paper leaks and corruption.
Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.
The Indian government has allocated an additional 40,000 kilolitres of kerosene to states as an alternative fuel to LPG, amid the ongoing crisis in West Asia. The government assures a comfortable crude oil supply situation in the country.
Analysts predict that the ongoing US-Iran conflict, fluctuations in crude oil prices, and foreign institutional investor (FII) flows will be the primary factors influencing Dalal Street this week, with inflation concerns adding to investor anxiety.
'Cyberbullying has become extremely worrisome now, with several complaints being received from schools.'
India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.
A parliamentary panel has decided to review the implementation of reforms in the National Testing Agency (NTA) as well as the NEET-UG 2026 paper leak case and has summoned NTA Chairperson Pradeep Kumar Joshi and other bureaucrats for deliberations.
The UN Security Council will vote on a Bahrain-proposed resolution regarding the Strait of Hormuz, aiming to ensure freedom of navigation amid concerns and opposition from some members.
Security forces in Manipur have arrested 10 cadres of the banned Prepak (RA) near the India-Myanmar border, including five minors, as search operations continue in the region amid ongoing ethnic violence. A separate incident involved a mob attempting to enter the residence of a Kuki Zo Council chairman.
Amid speculation of Hardik Pandya's release from Mumbai Indians following a disappointing IPL 2026, Sanjay Manjrekar has urged MI to replace Hardik with Jasprit Bumrah as captain.
Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.
Indian benchmark equity indices, Sensex and Nifty, closed marginally higher, breaking a four-day losing streak, despite elevated crude oil prices and ongoing geopolitical uncertainties. The market saw a temporary pause in panic selling, though cautious sentiment persists.
The Supreme Court has decided to hear cases exclusively through video conference on Mondays and Fridays. Judges have also resolved to encourage car-pooling arrangements amongst themselves in order to ensure optimum fuel utilisation.
Defence Minister Rajnath Singh met his Chinese counterpart Admiral Dong Jun in Bishkek to discuss maintaining peace and tranquility along the Line of Actual Control (LAC) and broader regional security concerns.
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