Oil prices are expected to remain elevated due to disruptions in the Strait of Hormuz, with both the US Energy Information Administration (EIA) and Rabobank International forecasting firm prices and a potential surge above $100 a barrel if disruptions worsen.
Prime Minister Narendra Modi visited the Melbourne Cricket Ground, announcing India's aspiration to host the 2036 Olympics and welcoming Chennai's role in the Big Bash League. He emphasised cricket as a strong bond between India and Australia, and both PMs unveiled a Roadmap on Sport Cooperation to deepen bilateral ties beyond cricket.
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.
Former India cricketer Harbhajan Singh believes the exploding popularity of T20 leagues, particularly the IPL, poses a significant threat to the future of bilateral international cricket, stating that '70 per cent (people are watching club cricket instead of international cricket)'.
Crude oil prices are projected to fall significantly this year, driven by hopes of a peace deal between the US and Iran, which could lead to the reopening of the Strait of Hormuz, and a notable drop in Chinese demand for seaborne crude imports.
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.
IPL chairman Arun Dhumal supports Cricket Australia's decision to host a Big Bash League opener in Chennai, highlighting India's significance as the world's largest cricket market and its role in the sport's global expansion, especially with cricket's inclusion in the Olympics.
Commodity trading on MCX is quite different from trading equities on the NSE or BSE. During the June-July period, the commodity market players in India will encounter several commodity contract expiries.
Prime Minister Narendra Modi shared a nostalgic moment with former Australia captain Steve Waugh during a visit to the Melbourne Cricket Ground (MCG) on Friday, presenting him with a photograph from their first meeting more than two decades ago when Modi was the Chief Minister of Gujarat.
Playing in just his second BBL match, Jerrssis Wadia made an instant impact in the Australian Big Bash League, delivering a thrilling cameo for the Adelaide Strikers.
Former India cricketer Ravichandran Ashwin's much-anticipated foray into Australian Big Bash League has been stalled by a knee injury with the off-spinner ruled out of the entire season with Sydney Thunder.
Australia's Travis Head finished as the leading scorer of the Ashes series with 629 runs from five Tests, including three centuries.
Cricket Australia chief executive Todd Greenberg said fears that private investment in the Big Bash League (BBL) could lead to the tournament ceding control to Indian Premier League (IPL) franchise owners are overblown.
Chennai is expected to host the opening match of the Big Bash League in December, following a visit by Cricket Australia officials to the MA Chidambaram Stadium.
Delhi-born Nikhil Chaudhary, who played for Punjab till 2016-2017, was called up to the Australian T20 squad for a three-match tour to Bangladesh next week.
A fine half-century from Babar Azam and a three-wicket haul by pacer Sean Abbott helped Sydney Sixers seal a six-wicket win over Melbourne Renegades during their Big Bash League (BBL) New Year's clash on Thursday.
Perth Scorchers win sixth BBL title after trouncing Sydney Sixers
'To get someone with Ashwin's credentials to come over here for the BBL will be great at so many levels.'
India's retail inflation rose to 4.38 per cent in June, driven primarily by costlier food items, pushing it above the Reserve Bank of India's median target of 4 per cent for the first time under the new series.
Ravichandran Ashwin is set to create history as the first capped India men's player to play in the Australia's Big Bash League.
Spin great Ravichandran Ashwin is set to play for Sydney Thunder in the Australian Big Bash League in a mega deal valued at around $1 million over two years.
Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
The ICC board has formed a committee to assess the impact of the growing franchise cricket leagues on the international cricket calendar, aiming to strike a balance and prevent disruption.
Ashwin to bring YouTube crew, security as he set to make Big Bash League debut.
Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.
Mitchell Starc joins Delhi Capitals and is set to return from May 1 in IPL 2026, with Axar Patel confirming availability as DC eye a boost in the tournament's crucial phase.
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.
Finn Allen smashed a sensational unbeaten 47-ball century with 10 sixes and joined a league of extraordinary gentlemen, as Kolkata Knight Riders crushed Delhi Capitals, registering their fourth straight IPL win and boosting playoff hopes.
Small- and midcap stocks have delivered their biggest monthly rally in 12 years, but rising oil prices and global tensions could make the road ahead volatile.
Kanika Ahuja, who plays for Royal Challengers Bengaluru in the Women's Premier League and also made her T20I debut for India earlier this year, is among the 15 women's players from India.
S&P Global Ratings has increased India's GDP growth forecast for the next fiscal year to 7.1 per cent, citing private consumption, investment, and exports as key drivers. However, the agency also cautioned that the conflict in the Middle East could strain India's fiscal position due to higher energy prices.
Lucknow Super Giants face a crucial rebuilding phase after finishing last in IPL 2026 and Rishabh Pant stepping down as captain. From auction strategy and potential Hardik Pandya interest to coaching changes and retention plans, here's what lies ahead for LSG before IPL 2027.
Cricket Australia is exploring the possibility of hosting a Big Bash League game in India to capitalize on the lucrative Indian market, potentially in Chennai.
State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.
Pakistan pacer Zaman Khan comes under scrutiny over his bowling action in BBL
Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.
Air India, IndiGo and SpiceJet have told the government that the country's airline industry is under extreme stress and on the verge of "stopping operations", as they sought revision in ATF pricing and financial support.
Babar Azam's first Big Bash League stint ended early as the Pakistan star returned home before Sydney Sixers' eliminator after an underwhelming season.
Indian benchmark indices Sensex and Nifty rallied nearly 1 per cent, driven by optimism over easing geopolitical tensions in the Middle East and fresh foreign fund inflows, with the Sensex gaining over 500 points.
