PV Sindhu exited the Singapore Open after losing to An Se Young, while Satwiksairaj Rankireddy and Chirag Shetty progressed to the semi-finals.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.
India's women's and men's badminton teams suffered defeats in the Badminton Asia Team Championships, ending their campaigns in the quarterfinals. The women's team lost to China, while the men's team was defeated by Korea.
This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.
PV Sindhu's campaign at the Singapore Open Super 750 badminton tournament ended in the quarterfinals with a loss to world No. 1 An Se Young. Despite showing glimpses of her attacking prowess, Sindhu couldn't maintain consistency against An's superior control and movement.
PV Sindhu exited the Singapore Open after losing to An Se Young, while Satwiksairaj Rankireddy and Chirag Shetty progressed to the semifinals.
Kidambi Srikanth and PV Sindhu progressed to the men's and women's singles second round with straight game wins in a mixed day for India at the Thailand Open Super 500 tournament.
Iran hosted a large send-off rally for its World Cup team in Tehran, despite ongoing concerns about visa issues for entry into the United States, where the team is scheduled to play its group matches.
India's foreign exchange reserves saw a significant increase of USD 6.295 billion, reaching USD 696.988 billion for the week ending May 8, as reported by the Reserve Bank of India.
"The US President's statements are within the framework of efforts to reduce energy prices and gain time to implement his military plans," the ministry stated.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.
It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.
The 2026 Asian Senior Weightlifting Championships, featuring athletes from 30 countries, will be held in Gandhinagar from May 11 to 17. The event serves as a qualifier for the 2026 Commonwealth Games.
'Markets never fully lose hope. But an important shift could come if the Strait remains closed -- moving from high prices to no prices.'
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.
Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.
Four-time Olympian Deepika Kumari, along with Atanu Das and Abhishek Verma, failed to secure a spot in India's archery squad for the Asian Games in Japan after a selection trial. Teenagers Kirti Sharma and Kumkum Mohod emerged as notable gainers in the women's recurve section.
Dozens of US planes carrying ammunition landed in Tel Aviv, raising concerns about potential strikes on Iran. Negotiations between the US and Iran remain deadlocked over key issues, with both sides issuing fresh demands and warnings.
US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.
India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).
Former India goalkeeper PR Sreejesh has criticised Hockey India's decision to replace him as U-21 coach with a foreign appointment, despite his successful tenure.
Indian golfer Pukhraj Gill, fresh off his Asian Development Tour title, is focused on securing a full Asian Tour card through consistent performance and leveraging international exposure.
Pakistan's Punjab government has approved a plan to restore the names of several streets and roads in Lahore, aiming to revive the city's pre-Partition heritage, an official said on Monday.
'We should expect extreme heat, extreme rains, floods, landslides and maybe cyclones. Not just this year, in the coming year as well.'
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
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.
Gaurav Gill marked his return to rally action with a dominant performance at the 49th South India Rally, showcasing his skill and precision.
Is the current rally telegraphing a durable peace plan in West Asia, boosted by United States (US) President Donald Trump's incoherent and contradictory posts on social media?
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
India's men's and women's teams advanced to the quarter-finals despite suffering narrow 2-3 defeats to Japan and Thailand respectively in their final group ties at the Badminton Asia Team Championships in Qingdao, China, on Thursday.
US President Donald Trump announced he halted planned military strikes on Iran following requests from Qatar, Saudi Arabia, and the UAE, citing ongoing discussions that could lead to a deal.
The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.
The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.
Russian President Vladimir Putin is set to visit China for talks with Chinese leader Xi Jinping, shortly after US President Donald Trump's visit to Beijing. The visit underscores the close strategic ties between China and Russia amid global tensions.
US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
