Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
Indian companies are increasingly opting for demergers, with 29 deals valued at over $40 billion in 2025 alone, marking a 10-year high, as promoters and boards recognise that markets favour focused businesses over complex conglomerates.
Chennai-based Agnikul Cosmos plans to launch a prototype AI data centre in orbit by the end of this year, aiming for commercial viability by 2027, according to co-founder Srinath Ravichandran.
Lieutenant General Seth's involvement in the army's capability development and modernisation efforts is evident from the key appointments he has held in the Strategic Planning and Capability Development Directorates, including Colonel Capability Development for Mechanised Forces, Brigadier Perspective Plans and Acquisition, and Additional Director General Capability Development.
A Mumbai court granted anticipatory bail to a 21-year-old law student, Abhay Pratap, accused of selling obscene videos of self-styled godman Ashok Kharat online. The court noted the videos were already publicly available, deeming custodial interrogation unnecessary.
Delhi Police has initiated an investigation into "coordinated" and "sophisticated" cyberattacks targeting the CBSE's post-result services portal, which was set up for Class 12 answer sheet verification. The CBSE filed a complaint after detecting malicious traffic from various IP addresses, though it confirmed that all attacks were mitigated and no data breach occurred. This incident follows student complaints regarding discrepancies in scanned answer sheets.
US president Donald Trump in recent weeks has renewed threats to make Canada the 51st US state, and said he might not renew the trilateral trade agreement between the US, Canada and Mexico -- the co-hosts of this year's World Cup.
Eleven students from the Data Center Management course at Young India Skills University (YISU) in Telangana have been hired by Microsoft, marking a significant achievement for the skill-based education initiative.
Perplexity CEO Aravind Srinivas presented the company's vision for advanced AI operating systems at COMPUTEX 2026, detailing how Perplexity Computer orchestrates up to 20 AI models for efficient task management. The system uses hybrid agentic inference to balance performance, privacy, and cost by deploying models locally or via data centres based on task complexity, a concept supported by Intel CEO Lip-Bu Tan's focus on on-device AI.
Rebel Trinamool Congress MP Kakoli Ghosh Dastidar announced that 20 dissident Lok Sabha members from TMC have merged with the Nationalist Citizens Party of India (NCPI) and pledged support to the NDA under Prime Minister Narendra Modi. The group expects its numbers to increase to 22 and clarified they have no connection with rebel TMC MLAs in West Bengal. Dastidar also highlighted the alleged non-implementation of central schemes in West Bengal by the previous TMC government.
Salaried taxpayers should not use these forms blindly to file their income-tax returns.
India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).
A new study reveals a framework using smartwatch data to detect early signs of diabetes by predicting insulin resistance, potentially enabling timely lifestyle interventions.
The Aircraft Accident Investigation Bureau (AAIB) has issued an interim statement on the probe into the Air India AI171 plane crash that killed 260 people last year, confirming that the investigation is ongoing and the final report will be released after all processes are complete.
India's foreign exchange reserves increased by USD 938 million to USD 682.321 billion during the week ended May 28, according to the Reserve Bank of India, following a previous week's drop.
Compared with a year ago, the effective cost of studying abroad for Indian students has increased by roughly 10%-12% due to currency depreciation and rising living costs.
The case for long-term investment in gold, however, remains intact.
As the Shiv Sena marks 60 years, political experts highlight the Uddhav Thackeray-led faction's existential crisis and the Eknath Shinde-led group's struggle for relevance in the face of a dominant BJP, a significant shift from the party's historical 'elder brother' status in Maharashtra.
Haridwar police have solved a blind murder case, arresting three suspects from Uttar Pradesh. The victim, Kaushalya, was identified through tattoos and extensive investigation involving CCTV footage and mobile data. The motive was revealed to be a relationship dispute, with one suspect conspiring with relatives to murder her.
India's unemployment rate reached an 11-month high of 5.5 per cent in May, up from 5.2 per cent in April, according to the National Statistics Office, indicating a softening labour market as labour-force participation also eased.
Indian stock markets extended their gains for a second consecutive session, with the Sensex closing 736 points higher, driven by a global equity rally and a significant drop in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters in Chennai has been transferred to the CB-CID. Police have arrested a contract worker and a shop owner in Bengaluru, and the stolen hard disks have been retrieved.
The investigation into the theft of 34 hard disks from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) headquarters has been transferred to the CB-CID. Two individuals, including a contract worker and a shop owner, have been arrested, and the stolen hard disks have been recovered.
The Indian government disclosed that 176 aircraft operated by non-scheduled and general aviation operators lack flight data and cockpit voice recorders, raising safety concerns. The disclosure was made in response to a query in the Rajya Sabha.
While opening new accounts, banks can check if the name appears in any mule data. In case it does, the bank can conduct enhanced due diligence.
The Karnataka government is reviewing its data centre policy to prioritise sustainability due to concerns about the significant water and energy consumption of data centres. The government is exploring coastal locations like Mangaluru for future data centre development and focusing on smaller-scale data centres.
The ICC has approved trialling the use of pink balls in Test matches to maximise play in bad light, along with allowing coaches on the field during drinks breaks. Cricket Canada has been suspended due to breaches of membership obligations.
Mercedes-Benz India is exploring a larger role for plug-in hybrid electric vehicles (PHEVs) in its portfolio, with plans to potentially introduce the technology in more models beyond the newly launched S-Class plug-in hybrid. This strategy aims to cater to luxury car buyers who are hesitant about fully electric vehicles due to concerns over charging infrastructure and range.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.
The Supreme Court has directed all states and Union territories to provide updated details on jails, including capacity and overcrowding measures, by May 18, also seeking information on women's prisons and facilities for children of female inmates.
The 42-year-old, who has had stints at Microsoft, Facebook and Twitter, made the announcement of leaving his role as Senior Policy Advisor for Artificial Intelligence in a post on X on Saturday.
Aurionpro Solutions has secured a multi-year contract worth approximately Rs 350 crore to develop a large, AI-ready green data centre in southern India for a hyperscale operator.
The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.
Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
The highest number of frauds was reported under the card, Internet, and digital payments categories in FY24 and FY25. 'Advances' accounted for the largest share (85.5 per cent) in FY26.
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
British Prime Minister Keir Starmer has announced a ban on social media access for all children under the age of 16, citing their 'happiness and safety'. The ban, which will not include messaging apps like WhatsApp, aims to protect children from harmful content, bullying, and the addictive nature of platforms like TikTok and Instagram. Legislative powers are in place for the law to come into force by Spring next year.
