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.
Congress leader Rahul Gandhi has accused Kerala Chief Minister Pinarayi Vijayan of aligning with forces that attack minorities, during election rallies in Kerala. He also criticised the CM on other issues including alleged corruption and economic failures.
The Enforcement Directorate has restored assets worth over 15,000 crore to a Supreme Court-appointed committee for distribution to investors defrauded in the PACL (Pearls Group) Ponzi scheme.
Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.
Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.
Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.
The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
An Ahmedabad court has convicted the wife of a former Income Tax Officer in a disproportionate assets case dating back nearly two decades. The husband, also an accused, died during the trial.
The Congress party has directed its MPs to attend Parliament and protest against the FCRA Amendment Bill, describing it as unconstitutional and a threat to minority organisations. The government asserts the bill aims to enhance transparency and prevent misuse of foreign funds.
The Supreme Court has criticised the central government for engaging in unnecessary litigation, imposing a fine for challenging a High Court order regarding the dismissal of a CISF official.
A statue of B R Ambedkar was vandalised in Punjab, leading to protests and political condemnation. A pro-Khalistan leader has purportedly claimed responsibility, prompting an investigation.
Lucknow Super Giants face a tough challenge against a confident Sunrisers Hyderabad in their upcoming IPL clash. SRH's explosive batting and home advantage make them favourites, while LSG needs to address their batting inconsistencies to secure their first win of the season.
'Nehru was an idealist, he was certainly a visionary in one way, but Mao Zedong was not. Mao Zedong was a very down-to-earth strategist. He wanted to take Tibet, to take the plateau, to take the rivers, to take the minerals.'
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.
The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.
BJP MP Nishikant Dubey has issued an unconditional apology for claiming that former Odisha Chief Minister Biju Patnaik was linked to the CIA during the 1960s. The apology comes after widespread criticism from within and outside the BJP.
Delhi Police have arrested a suspected Lashkar-e-Taiba (LeT) handler, Shabir Ahmed Lone, in Delhi, uncovering a terror module with links to Pakistan's ISI. Lone is accused of running a network involved in pasting anti-national posters and planning terror activities across India.
TMC leader Abhishek Banerjee has accused the BJP of misusing democratic institutions and stoking communal discord in Bengal, criticising their 'double engine' governance model.
Airpay Payment Services has partnered with Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in Maharashtra, aiming to accelerate financial inclusion in rural areas.
There is no cause for concern, as the overall situation arising out of the crisis is firmly under control, the Centre informed while briefing political parties at the all-party meet.
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
The AIADMK has released its final list of candidates for the Tamil Nadu Assembly elections, including nominees to contest against prominent DMK leaders. The party is contesting in alliance with the BJP, AMMK and PMK.
The Rajya Sabha witnessed a heated debate between the opposition and the government regarding a discussion on the West Asia crisis, with accusations of political maneuvering and failure to uphold the dignity of parliamentary positions.
The Indian government reports over 93,000 vacant posts in the Central Armed Police Forces (CAPFs) and Assam Rifles, impacting law enforcement and security capabilities. Recruitment efforts are underway to address the shortfall.
The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.
Union Education Minister Dharmendra Pradhan has advocated for the establishment of 'Mahakal Standard Time' (MST), citing Ujjain's historical significance as a centre for time calculation and astronomy.
The core issues to be settled -- access to Hormuz, Israel's aggression in Lebanon, the question of Iran's nuclear programme, sanctions relief and compensation -- are thorny enough to require weeks of patient negotiation. The most likely outcome of the opening sessions is that both sides take the measure of each other, establish what is and is not negotiable, and return home without having broken anything. That would count as progress.
The Indian rupee experienced a significant surge against the US dollar following the Reserve Bank of India's measures to restrict banks from onshore forward markets. Despite this, the rupee remains under pressure from foreign capital outflows, a strong dollar, and rising crude oil prices.
The Indian government is set to launch a nationwide HPV vaccination program targeting 14-year-old girls to prevent cervical cancer, utilizing a single-dose vaccine and aiming for equitable access across socio-economic groups.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
A property near Heathrow Airport, London, worth Rs 7.5 crore has been attached by the Enforcement Directorate (ED) in connection with a bank loan fraud case involving Neo Corp International Ltd.
Inspections conducted across 49 entities including pharmacies, wholesalers, and clinics to detect violations and misleading marketing practices.
A fugitive gangster wanted in connection with a triple murder and narcotics trafficking cases has been deported and arrested in Punjab, India, marking a significant breakthrough in the fight against cross-border organised crime.
The Indian government has convened an all-party meeting to discuss the ongoing crisis in West Asia, following Prime Minister Modi's address to Parliament on the situation and its potential impact on India.
The delegations from the US and Iran head to Islamabad on Friday, carrying a ceasefire that is already fraying, a Strait that is technically open and practically closed, and a negotiating agenda that would challenge even parties actually negotiating in good faith, which these groups are not. Prem Panicker continues his must read blog on the Iran War.
The stats according to World Population Review's 2022 compilation.
A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.
Following reports of Ayatollah Ali Khamenei's death, widespread protests erupted in Kashmir, with demonstrators expressing strong anti-US and anti-Israel sentiments.
India's forex reserves jumped $8.663 billion to hit a new all-time high of $725.727 billion in the week ended February 13, the RBI said on Friday.
The Central Board of Indirect Taxes and Customs (CBIC) has enabled UPI, debit, and credit card payments for Customs duty on the ICEGATE portal, enhancing ease of doing business for importers and exporters.
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