India's retail inflation, measured by the Consumer Price Index (CPI), increased to 3.48 per cent in April, up from 3.40 per cent in March, primarily due to a surge in prices of gold and silver jewellery, as well as certain kitchen staples like tomatoes and cauliflower.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
"It is quite possible that the rates will remain low in the near to medium term, but that will depend on how conditions evolve," said RBI Governor Sanjay Malhotra.
A US-sanctioned tanker carrying Iranian crude oil has rerouted mid-voyage from its previously indicated destination of India to China, raising questions about payment issues and the future of India's Iranian oil imports.
Mumbai police have registered a case against the organisers of a BJP rally after a woman's outburst over the resulting traffic jam went viral. The rally, held to celebrate the women's reservation bill, allegedly violated norms, leading to the police action.
The Supreme Court has reaffirmed that bail is the general rule, even in cases registered under the Unlawful Activities (Prevention) Act (UAPA), while granting bail to an accused in a narco-terror case.
Senior Congress leader Shashi Tharoor criticised the government's decision to link women's reservation with the expansion of Parliament, calling delimitation a 'political demonetisation'. He argued that women's reservation should be implemented immediately based on existing parliamentary strength.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
West Bengal Chief Minister Mamata Banerjee announced that the TMC will support the women's quota bill but opposes the delimitation bill introduced by the Modi government in the Lok Sabha. She also criticised the central government over central agency raids on TMC candidates.
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.
The BJP and the Opposition have engaged in a war of words over the implementation of the women's reservation bill, which aims to reserve seats for women in legislatures. The bill was defeated in the Lower House, leading to accusations and counter-accusations between the parties.
Haryana Assembly Speaker Harvinder Kalyan has sought a response from Leader of the Opposition Bhupinder Singh Hooda regarding the Congress party's mock session held outside the House after boycotting a special sitting.
Tamil Nadu Chief Minister M K Stalin has claimed victory for the state after the Constitution Amendment Bill was defeated in the Lok Sabha. Stalin criticised the Centre's handling of the Women's Reservation Bill and delimitation process, accusing the BJP of prioritising political gain over fairness and consultation.
India is among six countries on the priority watch list in a US report addressing the protection and enforcement of intellectual property rights.
Students at Delhi University's Lady Shri Ram (LSR) College have issued a statement clarifying their recent protest, asserting it is not biased against any political ideology. This comes as the college principal, Kanika K Ahuja, addresses the situation and ongoing dialogue between students and the administration.
The upcoming Tata Sons board meeting in June could possibly throw some light on several critical issues that may have a bearing on the future of the corporate behemoth.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
The Supreme Court of India has permitted euthanasia for rabid, incurably ill, or demonstrably dangerous stray dogs to mitigate the threat to human life. The ruling includes several directives to manage the rising stray dog population, emphasising public safety and animal welfare.
The Indian government and opposition parties are set for a showdown in Parliament over a Constitution amendment bill concerning the implementation of the women's quota law and the delimitation exercise. The Opposition is concerned about the potential impact of delimitation on the political representation of southern states.
The Chhattisgarh High Court has dismissed an appeal by the state government, upholding the acquittal of all 10 accused in the 2010 Tadmetla Maoist attack case due to lack of direct evidence and procedural lapses in the investigation.
Several opposition parties on Wednesday decided to jointly oppose the delimitation provisions in the Constitution amendment bill in Parliament, even as they reiterated support for women's reservation, with Mallikarjun Kharge alleging the move is politically motivated.
US President Donald Trump on Tuesday claimed that Iran is in a "state of collapse" and has requested the United States to help "open" the Strait of Hormuz.
A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.
Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model and its potential threat to financial systems' data security.
Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.
The Chhattisgarh High Court has upheld the acquittal of ten accused in the 2010 Tadmetla Maoist attack case, citing lack of direct evidence and procedural lapses in the investigation.
'You cannot run Parliament with 800 MPs as nobody will get time (to speak in Parliament). And Parliament sits for barely 60 days in a year.' 'Look at the House of Commons of the United Kingdom. They have 650 MPs and they sit for 150 days on an average in a year.'
The BJP-led government in Bihar secured a vote of confidence in the state assembly, with Chief Minister Samrat Choudhary pledging economic development and significant investments. The motion was passed amidst heated debates and accusations between the ruling NDA and the opposition, highlighting political tensions and differing views on issues like women's reservation.
The Badminton World Federation (BWF) has approved the adoption of the 3x15 scoring system, set to take effect on January 4, 2027, following a vote at its Annual General Meeting in Horsen, Denmark. The decision aims to enhance the sport's appeal, improve match scheduling, and benefit player welfare, despite reservations from some leading Indian players.
Prime Minister Narendra Modi asserted that the TMC's governance in West Bengal is nearing its end, citing corruption and unfulfilled promises. He highlighted the BJP's commitment to development and security, particularly for the fisherfolk and against infiltration.
The Sirmour Forest Department's rapid response team raided a house in Ghutanpur village, recovering the remains of wild animals, including a leopard skin, leading to two arrests and highlighting ongoing poaching concerns in the region.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, driven by a sharp surge in crude oil prices above USD 120 per barrel, weak global market trends, and continued foreign fund outflows.
An adult tiger with a radio collar was found dead in the Rani Durgavati Tiger Reserve in Madhya Pradesh, India, prompting concerns about the safety and management of the reserve. The death, attributed to a territorial fight, has led to allegations of negligence and calls for investigation.
West Bengal Chief Minister Mamata Banerjee criticised Prime Minister Narendra Modi's purchase of 'jhalmuri' during a campaign stop, alleging it was a staged event for cameras. She also accused the BJP of aiding Independents from the minority community and criticised the Election Commission over voter roll revisions.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.
Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.
Arvind Kejriwal has written to Delhi High Court Justice Swarana Kanta Sharma, stating he will not appear in the excise case personally or through a lawyer before her, citing concerns about impartiality.
Union Home Minister Amit Shah has announced a significant increase in Lok Sabha seats for the five southern states following delimitation, countering misinformation and clarifying the timeline for women's reservation implementation.
