Iran's Islamic Revolutionary Guard Corps (IRGC) on Thursday claimed it had struck the US Al-Azraq air base in northern Jordan with 10 ballistic missiles on what it described as an "enemy command and control centre in West Asia" in retaliatory strikes in response to a recent attack on Tehran by Washington.
Despite international crude oil prices falling to a four-month low, retail petrol and diesel prices in India are unlikely to be cut immediately because state-run refiners are still processing costlier crude purchased during the peak of the West Asia crisis, Oil Minister Hardeep Singh Puri said.
Prime Minister Narendra Modi and US Secretary of State Marco Rubio discussed various aspects of India-US bilateral ties, focusing on defence, trade, energy, and technology. Rubio extended an invitation from President Donald Trump for PM Modi to visit the US.
Bajaj Auto, the sole player in India's CNG-powered motorcycle segment, has seen a dramatic drop in registrations for its Freedom 125 CNG bike, from a peak of 12,167 in November 2024 to just 1,211 in May this year, primarily due to reduced price arbitrage between petrol and CNG and growing availability challenges.
BJP sources said the government would introduce a fresh Bill on the issue and has reached out to parties that opposed the earlier legislation.
Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.
The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
Prime Minister Narendra Modi flagged off India's first hydrogen-powered train connecting Jind to Sonipat in Haryana, marking a significant milestone in the country's journey towards clean and sustainable railway mobility and showcasing the success of the 'Make in India' initiative.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
The Indian U18 ice hockey team, led by Gurtej Singh Bhatti, will participate in the U18 Asia Cup in Bishkek, Kyrgyzstan, from April 27 to May 3, according to the national federation.
The Indian U18 ice hockey team, led by Gurtej Singh Bhatti, is set to participate in the U18 Asia Cup in Bishkek, Kyrgyzstan, from April 27 to May 3, according to the national federation.
The CBI has raided multiple locations across India, arresting one person in Lucknow, as part of an investigation into the trafficking of Indian nationals to Southeast Asian countries for forced cyber fraud operations.
Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.
Mumbai's Kiaan Shah, representing Rayo Racing, achieved his best international karting result with a second-place finish in round 2 of the RMC Asia Trophy in Pattaya, Thailand.
India defeated Macau 8-1 in the U-18 Ice Hockey Asia Cup, with captain Gurtej Singh Bhatti scoring four goals in Bishkek, Kyrgyzstan.
Europe has overtaken Asia as India's biggest arms supplier, reflecting New Delhi's evolving defence procurement strategy.
Team India secured a dominant 2-0 victory over Kazakhstan in their opening Group C match at the Badminton Asia Junior Mixed Team Championships in Yatsushiro, Tokyo, sealing their spot in the quarterfinals. The Indian team showcased strong performances in both sets, preparing for their upcoming clash against Chinese Taipei.
India's foreign exchange reserves saw a significant drop of USD 5.654 billion, settling at USD 666.933 billion for the week ending June 26, following interventions by the RBI and public appeals by Prime Minister Narendra Modi to conserve forex.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
India's exports increased by 15.5 per cent to USD 40.41 billion in June, but the trade deficit significantly widened to a record USD 30.43 billion due to a 31 per cent surge in imports.
Prime Minister Narendra Modi addressed the Indonesian parliament, emphasising India's commitment to development over expansionism and advocating for a free, open, and inclusive Indo-Pacific. He highlighted the strong historical ties between India and Indonesia, calling for enhanced cooperation in various sectors, including defence, technology, and counter-terrorism, amidst growing concerns over regional security.
India has lodged a 'strong protest' with Iran over recent strikes on commercial vessels in the Strait of Hormuz, which resulted in the death of one Indian sailor and injuries to several others, calling for an immediate cessation of hostilities and a return to diplomatic engagement.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf stressed on Friday (local time) that Tehran remains prepared for "full-scale defence" should the US betray the Memorandum of Understanding signed by the two countries last month.
Indian para swimmer Tejas Nandakumar has been ruled out of the upcoming Glasgow Commonwealth Games due to a classification issue. His entry, initially accepted, was later rejected by organisers after a validation process by World Para Athletics, citing his R-2025 class status as ineligible for the G2026 competition.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
Iranian Foreign Minister Seyed Abbas Araghchi mocked US President Donald Trump's claim of the US being the 'guardian' of the Strait of Hormuz, asserting that Iran has always been and will remain the sole guardian, while also suggesting that any entity providing security should be compensated, though Trump's proposed '20 per cent' levy is 'too much'.
India too can rise to the top if the 1.4 billion Indians back home are given better opportunities to use their innate talent and capacity to work hard, with right incentives in a more meritocratic rules-based system, asserts Ajay Chhibber.
Omi Vaidya, known as Chatur from '3 Idiots', has publicly supported climate activist Sonam Wangchuk, who is on an indefinite hunger strike in New Delhi, drawing attention to Wangchuk's deteriorating health and the inspiration he provided for Aamir Khan's character in the film.
'Buy on dips, buy on dips and sell on rise.'
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
'Midcaps and smallcaps are the 'go-to segments' for retail investors.'
Spanish football coach Manolo Marquez has criticised the expansion of the FIFA World Cup, arguing it compromises quality and that countries like India should prioritise grassroots development over relying on increased qualification slots. He also highlighted the impact of naturalised players on international competition, citing his experience with the Indian team.
India's top badminton players, including the men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty, singles stars Lakshya Sen, P V Sindhu, and rising talent Ayush Shetty, are set to compete at the USD 950,000 Japan Open Super 750 tournament. The event marks a crucial stage for many Indian shuttlers to make significant runs on the BWF World Tour.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.
'After that the burdens of an ageing population will be upon us, and the share of working age population will shrink.'
India's wholesale price inflation (WPI) increased to 9.87 per cent in June, up from 9.68 per cent in May, primarily due to significant price increases in non-food and food products, with food inflation alone rising to 5.49 per cent.
The United States on Saturday (local time) launched a third round of strikes against Iran after alleging that Iran's Islamic Revolutionary Guard Corps (IRGC) attacked the Cyprus-flagged container vessel M/V GFS Galaxy in the Strait of Hormuz.
As Sonam Wangchuk's hunger strike enters its 19th day, critics question why the government has remained silent despite mounting concerns over student welfare, observes Harishchandra.
