The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
US President Donald Trump's call to Prime Minister Narendra Modi signals a concerted effort to reset strained Washington-New Delhi ties, with a focus on 'big-ticket' energy and trade deals, including increased Indian imports of US LNG and LPG, and potential cooperation on small modular reactors.
Sunrisers Hyderabad assistant coach James Franklin praised Ishan Kishan's match-winning innings against Chennai Super Kings, which secured their team a place in the IPL playoffs. Kishan's 70 off 47 balls on a difficult pitch was pivotal in the victory.
Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.
Jewellery majors Titan Company and Kalyan Jewellers reported robust Q4 FY26 results, with Titan's consolidated revenue surging 81 per cent year-on-year, largely propelled by a sixfold increase in bullion and digital gold sales. Despite strong top-line growth, Titan's gross and operating profit margins faced pressure due to the higher share of lower-margin gold products and increased marketing expenditure.
Sports Minister Mansukh Mandaviya announced India's ambitious goal to rank among the top 10 sporting nations by 2036 and break into the top five by 2047, attributing the progress to the government's efforts in streamlining sports governance and providing opportunities for youth.
The Ad-Hoc Committee appointed to run the Equestrian Federation of India (EFI) has informed the Delhi High Court that governance reforms and elections may take longer than initially planned. The committee cited statutory requirements under the new sports law and delays in gaining full control of the federation as reasons for the extended timeline.
The Reserve Bank of India (RBI) has reported processing 99.9% of applications under its Citizen's Charter within the stipulated timeframe in March 2026, demonstrating a high level of efficiency.
India has officially submitted its expression of interest to host the 2038 Asian Games, according to a top official of the national Olympic body, marking a significant step in the country's broader strategy to become a global hub for major multi-sporting events.
The United States, which entered this war in expectation of a short, sharp win along the Venezuela model, is now preparing for deeper involvement in a conflict it does not fully control, without the allies it typically relies on, against an adversary that is not behaving as expected, in a global environment that is already absorbing economic shock. Prem Panicker continues his must read daily blog on the Gulf War.
Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.
India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.
According to Indeed's Mother's Day 2026 Survey, 83 per cent Indian women said they had chosen not to apply for a job because the role felt difficult to manage alongside caregiving responsibilities.
Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 14,231 crore from Indian equities so far in May, extending the total outflow for 2026 to over Rs 2 lakh crore, driven by persistent global macroeconomic uncertainties including inflation, interest rates, and geopolitical risks.
Air India is undertaking a $400 million programme to modernise its legacy fleet, with plans to complete the retrofit of its entire Boeing 787-8 fleet by the first quarter of 2028 and its Boeing 777 fleet by 2029.
koda Auto Volkswagen India aims to capture a 5 per cent share of India's passenger vehicle market by 2030, driven by new product launches, including alternate fuel vehicles, and a potential entry into the high-volume sub-4 metre SUV segment.
India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.
Rajasthan Royals skipper Riyan Parag has criticised TV commentators and experts for making personal attacks on him during the IPL, urging them to respect players and focus on cricket. He also praised Vaibhav Sooryavanshi's innings against LSG.
Four-time Olympian Deepika Kumari, along with Atanu Das and Abhishek Verma, failed to secure a spot in India's archery squad for the Asian Games in Japan after a selection trial. Teenagers Kirti Sharma and Kumkum Mohod emerged as notable gainers in the women's recurve section.
The India Meteorological Department (IMD) has announced that conditions are becoming favourable for the onset of the southwest monsoon over parts of the south Bay of Bengal, Andaman Sea, and Andaman and Nicobar Islands towards the end of this week.
Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.
Many places across northern states including Delhi recorded above-normal temperatures crossing 40 degrees Celsius, while the India Meteorological Department warned of heatwave conditions in parts of Uttar Pradesh in the coming days. Jammu and Kashmir saw a dip in temperatures with fresh snowfall in the higher reaches and rainfall in the plains.
Punjab Kings co-owner Mohit Burman has expressed the franchise's interest in owning a team in the Women's Premier League at some point, despite the BCCI's current stance against immediate expansion.
Rajasthan Royals and Delhi Capitals face off in a crucial IPL match with significant playoff implications, highlighting the anticipated battle between Vaibhav Sooryavanshi's aggressive batting and Mitchell Starc's seam bowling.
'Nepal today is far more aware, self-confident, aspirational, and assertive.' 'India's policy so far has not been geared to this shift. It is time to redraw our Nepal strategy.'
India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.
While India's interplanetary ambitions remain significant, the current pace of financial and technical progress raises questions about whether the 2027-2028 timelines can be met.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Indian influencer Ankush Bahuguna shares his experience of facing homophobic abuse on the streets of London after attending a Huda Beauty event in a pink suit and makeup.
The Advertising Standards Council of India (ASCI) has released draft guidelines for responsible labelling of synthetically generated Artificial Intelligence (AI) content in advertising, proposing a risk-based framework to ensure transparency and protect consumers.
Former India all-rounder Irfan Pathan criticised Dhruv Jurel after Rajasthan Royals' defeat to Delhi Capitals, saying the wicketkeeper-batter should have scored faster and helped his side cross the 200-run mark.
'Cyberbullying has become extremely worrisome now, with several complaints being received from schools.'
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.
A 22-year-old Indian national has pleaded guilty to his involvement in a scheme to smuggle individuals from Canada into the United States, coordinating operations to illegally transport people across the US-Canada border into New York.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.
rediffGURU Pankaj Vyavahare, career counsellor and life coach at the Bhagirath Counselling Centre, counsels students on how to make informed career choices.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.'
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