The Reserve Bank of India (RBI) has granted approval for UAE-based Emirates NBD (ENBD) PJSC to acquire up to a 74 per cent stake in RBL Bank for $3 billion, marking the largest foreign investment ever in a domestic Indian bank.
Arsenal teenager Max Dowman made Premier League history by scoring at 16 years and 73 days in a 2-0 win over Everton, becoming the youngest scorer in the competition.
India has voiced deep concern over a drone attack targeting the Barakah nuclear facility in the United Arab Emirates (UAE), calling it a dangerous escalation in the West Asia conflict.
US President Donald Trump stated that Iran is eager to make a deal and predicted a sharp decline in oil prices due to abundant supply, amidst a Senate resolution to limit his war powers in Iran.
Prime Minister Narendra Modi's aircraft was escorted by UAE's F16 jets as he arrived in Abu Dhabi for the first leg of his five-nation tour. He is scheduled to meet with UAE President Sheikh Mohamed bin Zayed Al Nahyan to discuss bilateral issues, including energy cooperation, and regional and international matters.
Iran has warned of consequences for any collusion between the United Arab Emirates and Israel, following reports of a secret meeting between Israeli Prime Minister Benjamin Netanyahu and UAE President Mohamed bin Zayed Al Nahyan during Operation Roaring Lion.
US President Donald Trump announced he halted planned military strikes on Iran following requests from Qatar, Saudi Arabia, and the UAE, citing ongoing discussions that could lead to a deal.
Arsenal have been crowned Premier League champions for the first time in 22 years after Manchester City's draw against Bournemouth.
Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.
Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13, according to a presidential aide.
Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
Pakistan were ruled to be eight overs short of the target after time allowances were taken into consideration.
The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.
The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.
Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.
Pakistan has strongly condemned the drone attack on the Barakah Nuclear Energy Plant in the United Arab Emirates, emphasising the grave violation of international law and the potential for catastrophic consequences.
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.
Prime Minister Narendra Modi met his Italian counterpart Giorgia Meloni in Rome to discuss ways to strengthen the India-Italy friendship, marking the final leg of his five-nation tour.
The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
Frankly, was it really necessary in the middle of a fratricidal war for External Affairs Minister S Jaishankar to travel to Abu Dhabi for a one-on-one with the sheikh on April 12?Or, for National Security Advisor Ajit Doval to follow up on April 26? Or, for PM Narendra Modi to follow through today? There are no easy answers, notes Ambassador M K Bhadrakumar.
The Indian U17 men's football team lost 1-5 to the United Arab Emirates in a friendly match in Thailand.
The United States and Iran could be set to announce an agreement soon to achieve a complete solution to the hostilities in West Asia, as reported by Saudi state media Al Arabiya on Wednesday, citing sources familiar with the ongoing negotiations.
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.
Head of the Iranian Parliament's National Security Committee Ebrahim Azizi on Saturday said that Iran has prepared a "professional mechanism" to regulate maritime traffic in the Strait of Hormuz through a designated route, which will be unveiled soon.
Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.
Kai Havertz's first-half header earned Arsenal a tense 1-0 win over Burnley, moving Mikel Arteta's side within touching distance of their first Premier League title in 22 years.
The Enforcement Directorate (ED) has identified a Grenadian man based in Dubai as the 'beneficial owner' of a Delhi-based company involved in a large-scale betting, gaming, and cyber fraud-linked money-laundering operation in India.
Nitin Menon remains the only Indian in the ICC Elite Panel of Umpires after the governing body named an unchanged team of match officials for the 2026-27 international season following its annual review.
Sharp differences between Iran and the UAE over the West Asia conflict were on full display during the BRICS foreign ministers' meeting in New Delhi, signalling the challenges the bloc faces in reaching a consensus position on the crisis.
Five Indian boxers have advanced to the semifinals of the Asian U17 Boxing Championships in Tashkent, showcasing their dominance with impressive wins in their respective quarterfinal matches.
Customs officials at Mumbai's Chhatrapati Shivaji Maharaj International Airport seized electronic items, cosmetics, cigarettes, and crude gold worth over Rs 1.79 crore from passengers arriving from Dubai, leading to one arrest.
The Indian U17 men's football team is set to play two friendly matches against Qatar in Doha as part of their preparations for the AFC U17 Asian Cup Saudi Arabia 2026.
Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.
The CBI has successfully extradited Mohammad Navas Kakkat Ismail from the UAE, who was wanted by Delhi Police in connection with an extortion case.
Prime Minister Narendra Modi has strongly condemned the attacks on the United Arab Emirates' port city of Fujairah, which resulted in injuries to three Indian nationals, and reiterated India's support for peaceful resolution through dialogue.
Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
Three Indian nationals were injured in a drone attack on the Fujairah Petroleum Industries Zone (FOIZ) in the UAE. The UAE has condemned the attack, attributing it to Iran.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances