'Neither do the Israelis. The two attacking parties have very little economic interest in Hormuz.'
Indian benchmark indices Sensex and Nifty rebounded sharply on Monday, driven by a correction in crude oil prices due to ceasefire efforts in West Asia and strong buying in bank stocks.
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.
India has joined over 100 countries and global organizations in condemning Israel's "unilateral" decisions and measures aimed at expanding its "unlawful presence" in the West Bank.
India's junior shooting team is set to compete at the ISSF Junior World Cup in Cairo, with a strong contingent of 71 athletes participating in various events.
India's defence exports reached a record high of Rs 38,424 crore in fiscal year 2025-26, marking a significant increase of over 62 per cent compared to the previous year, according to Defence Minister Rajnath Singh.
Crude oil prices experienced a significant drop following the announcement of a US-Iran ceasefire and the reopening of the Strait of Hormuz, leading to heavy selling by traders.
The US has threatened to prosecute those buying or selling sanctioned Iranian oil and has announced a blockade of the Strait of Hormuz after peace talks failed.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 19,837 crore from Indian equities in the first two trading sessions of April, extending a significant selling trend from March, driven by geopolitical uncertainty, rising crude oil prices, and a depreciating rupee.
Trump has made it clear: the US will not lift its blockade of Iranian ports until a deal is signed.
Lieutenant Colonel Manoj Kumar has become the first Indian official to qualify as a Continental Technical Delegate of World Boxing, the sport's international governing body.
Foreign Ministers from Pakistan, Saudi Arabia, Turkiye, and Egypt convened in Antalya to explore avenues for enhanced cooperation across various sectors of mutual interest, reaffirming their commitment to regional peace and stability.
Iran has asserted that maritime movement through the Strait of Hormuz will be strictly controlled by Tehran, stating that passage will be allowed only through designated routes and under Iranian approval.
IT major HCLTech reported a 4.20 per cent year-on-year rise in consolidated net profit to Rs 4,488 crore for the January-March quarter of FY26, but projected a modest 1-4 per cent revenue growth for FY27, citing market volatility and reduced discretionary spending.
The prize pool will be smaller than those at the men's and women's World Cups held in the Indian subcontinent in the last three years.
Nobody takes Pakistan seriously and therefore Pakistan's sudden mediating with almost immediate results of a ceasefire seems more contrived than real, points out Vice Admiral Biswajit Dasgupta (retd).
Both sides have now revealed a preference for escalation over strategic defeat, and each new provocation narrows the space for the next pause. The Touska seizure, Iran's refusal to negotiate under blockade, Israel's strikes on Iranian oil infrastructure -- all of these add up to an increasingly untenable situation. This makes the wild card -- Trump and his motormouth -- more consequential than ever, notes Prem Panicker in his must read blog on the Iran War.
Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly Rs 36,000 crore (about $3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in the near future.
Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.
If Trump wants peace with Iran, Pakistan will offer to help. If Trump seeks Pakistan's aid to spy on Iran, then too Munir will not hesitate to chip in. At the same time, the ISI will not hesitate to tip off Iran now and then, points out M R Narayan Swamy.
Australian sprinter Gout Gout made history at the Australian Athletics Championships in Sydney, becoming the first Australian to break the 20-second barrier in the 200 metres with a time of 19.67 seconds.
India observed the first anniversary of the Pahalgam terror attack, with leaders paying homage to the victims and asserting the country's commitment to fighting terrorism.
India's pharmaceutical exports have shown robust growth, reaching over USD 28 billion, despite global economic challenges. The sector is projected to reach USD 130 billion by 2030.
Iran blames the US for 'maximalism' and 'shifting goalposts' leading to the collapse of the Islamabad talks.
Amid ongoing tensions with the US, Iran's IRGC Navy has issued new directives restricting maritime movement through the Strait of Hormuz, allowing only civilian vessels on Iranian-designated routes and barring all military ships.
The World Anti-Doping Agency (WADA) is shifting its focus from individual athletes to the criminal networks that supply performance-enhancing drugs (PEDs), recognising that athletes are often victims of sophisticated doping operations.
Punjab School Education Board announces integration of Artificial Intelligence as a core component of the school curriculum, with learning outcomes reflected on student certificates.
Former India coach Vimal Kumar urges the Badminton World Federation (BWF) to maintain the current 21-point scoring system, arguing it represents the true essence of badminton. He also highlights the collaborative coaching approach behind Ayush Shetty's recent success.
Former US President Donald Trump has criticised Iran's stance on the Strait of Hormuz, calling it a form of 'extortion' amid ongoing negotiations for a peace deal. The remarks come as Iran considers imposing transit fees on vessels crossing the strategic waterway.
Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.
Chinese President Xi Jinping has called for the Strait of Hormuz to remain open for normal passage of ships, describing it as an 'international waterway' amid rising tensions between the US and Iran.
The diagnostics sector is projected to significantly outperform other healthcare segments like pharmaceuticals and hospitals in Q4FY26, driven by increasing volumes, stable realisations, and a domestic focus that insulates it from geopolitical risks.
Union Education Minister Dharmendra Pradhan advocates for the establishment of 'Mahakal Standard Time' based on Ujjain's historical significance in time calculation, challenging the dominance of Greenwich Mean Time.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that preventing second-round effects of supply shocks, where inflation expectations rise due to prolonged disruptions, is the primary role of monetary policy. He also defended the RBI's foreign exchange market interventions, asserting it did not commit to an 'indefensible peg'.
The National Anti-Doping Agency (NADA) Director General Anant Kumar has emphasised the importance of education as the primary defence against doping, acknowledging the evolving nature of the problem and the need for constant upgrades in monitoring mechanisms.
A polio vaccination team in Pakistan's Khyber Pakhtunkhwa province was attacked, resulting in injuries to a police constable. This incident highlights the ongoing challenges in eradicating polio in the region.
The National Rifle Association of India (NRAI) is set to introduce approximately 7.5 lakh school students to the sport of shooting as part of its 75th foundation anniversary celebrations.
The Indian banking sector is projected to experience a steady 9-13 per cent industrial credit growth in the first half of 2026, driven by capital expenditure, infrastructure development, and sectoral demand recovery, according to a Ficci-IBA survey.
The 4th India Sporting Goods Fair (ISGF) is set to take place, showcasing athletic gear and equipment from across the country, as the government pushes to establish India as a global hub for sports goods manufacturing.
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