Why would a country that requires close to $90 billion in net foreign capital annually to create jobs, build productive capacity, and sustain rapid growth permit $30 billion of capital to flow abroad, thereby contributing to pressure on the rupee? asks Debashis Basu.
Indian benchmark equity indices, Sensex and Nifty, rebounded nearly 1 per cent, with the Sensex jumping 790.54 points to 76,991.22, driven by softening crude oil prices and strong buying in banking, financial, and IT shares.
The Japanese PM's visit to Assam comes amid festering uneasiness in Tokyo about Beijing's assertiveness in the Indo-Pacific region.
Indian benchmark equity indices, Sensex and Nifty, extended their rally for a fifth consecutive session, driven by optimism surrounding a potential US-Iran peace deal and a significant drop in crude oil prices. Despite hawkish remarks from the US Fed, investors remain hopeful that easing energy prices could temper inflationary pressures.
A Delhi court has affirmed that travelling abroad is an integral part of Fundamental Rights, allowing a woman accused in a money laundering case to visit Thailand for her children's summer vacation. The court balanced her right to travel against the risk of her fleeing justice, finding no evidence to suggest she would abscond.
'Actual implementation of the 14-point agreement is proving hard to achieve let alone striking and sustaining a long-term treaty or deal.'
Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.
Delhi Police have dismantled a cyber fraud syndicate with connections to foreign handlers, arresting three individuals, including a bank employee. The investigation revealed the use of mule accounts, social media platforms, and cryptocurrency for illicit transactions.
Gulveer Singh, the reigning Asian champion and national record holder, failed to meet the Asian Games qualifying standard in the men's 5000m race at the National Inter-State Senior Athletics Championships.
Pakistan Prime Minister Shehbaz Sharif clarified that the recent Memorandum of Understanding (MoU) signed between the US and Iran does not include provisions regarding Tehran's ballistic missile programme. This statement followed talks with Iranian President Masoud Pezeshkian, with Sharif emphasising Iran's right to its defence capabilities and Pakistan's role as a mediator in the US-Iran peace process.
With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.
India's race walk coach Ronald Weigel has urged national selectors to consider the extremely humid conditions during the National Inter-State Championships when picking the team for the upcoming Asian Games. He highlighted how tough weather significantly slows down endurance athletes and suggested holding future selection events in more favourable conditions like Bengaluru.
The Pakistan women's cricket team is reportedly facing significant internal disagreements and a tense environment during the Women's T20 World Cup in England. Amidst a winless streak, reports highlight clashes between team mentor Wahab Riaz and captain Fatima Sana over selection and disciplinary matters, alongside broader issues of team groupings and coaching frustrations. This mirrors past problems in Pakistani cricket, exacerbated by frequent coaching changes.
Police in Bihar's East Champaran district have arrested a Swiss woman and a Myanmarese boy for illegally entering India from Nepal without valid travel documents. Legal action is underway, though their identities remain undisclosed.
Pakistan Prime Minister Shehbaz Sharif announced that a US-Iran peace deal is on the verge of finalisation, potentially within the next 24 hours, marking a significant diplomatic breakthrough after months of intense negotiations.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
BCCI secretary Devajit Saikia stated that India's roadmap for the 2027 World Cup, including discussions on senior players like Rohit Sharma and Virat Kohli, is confidential and not for public consumption. He also clarified that the BCCI adheres strictly to the Government of India's policies regarding bilateral tours, such as the potential resumption of ties with Bangladesh, without concern for the political situation in other countries.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
We have built an economy that can deliver everything -- from iPhones to biryani -- to a doorstep in 10 minutes, but it cannot deliver a fire engine through a lane in 20, points out Amit Kapoor.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
AAP national convener Arvind Kejriwal has criticised Prime Minister Narendra Modi for thanking US President Donald Trump, arguing that India's sovereignty and national interest should be paramount. Kejriwal questioned the basis of Modi's gratitude, citing incidents involving attacks on ships carrying Indians and the deaths of Indian nationals, and called for strong leadership to protect India's interests.
India achieved a current account surplus of USD 7.1 billion, or 0.7 per cent of GDP, in the January-March quarter of 2025-26, primarily boosted by robust services exports and increased remittances from overseas Indians, according to recent Reserve Bank of India data.
Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.
Italian Prime Minister Giorgia Meloni's new book, 'Giorgia's Vision', reveals anecdotes from her 2023 India visit, including the widespread 'Welcome' posters and a joke about her popularity in New Delhi. She also shares insights into her diplomatic approach, emphasising personal connections over rigid formalities, and recounts interactions with various world leaders.
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.
Punjab Police, in coordination with central agencies, arrested two men in Amritsar, Davinder Singh and Rajwinder Singh, recovering two hand grenades. The accused were in direct contact with foreign-based handlers and were planning terror-related activities, with connections to an individual already in Amritsar Jail.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
US President Donald Trump claimed on Tuesday that Tehran has consented to long-term, comprehensive monitoring of its nuclear infrastructure. Concurrently, Washington will ease shipping constraints in the Strait of Hormuz and release bound financial concessions, subject to stringent American oversight.
Punjab Police have successfully dismantled a cross-border illegal arms smuggling and hawala network, arresting four individuals, including an Afghan national. Authorities recovered eight sophisticated pistols and seven live cartridges. Investigations suggest the arrested individuals were linked to a foreign-based smuggler using hidden drop locations for weapon consignments.
Canada and the UAE have extended their condolences following a devastating fire in New Delhi that claimed 21 lives, including 12 foreign nationals. India's External Affairs Minister S Jaishankar confirmed that the Ministry is coordinating with concerned embassies to provide necessary assistance to those affected.
The Nepalese foreign minister was speaking to the media a day after holding wide-ranging talks with his Indian counterpart S Jaishankar that focused on ways to further expand ties in diverse sectors, including trade, critical technology, connectivity and energy.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.
A video depicting a foreign woman tourist being harassed in Manali has gone viral, leading to police action and an official inquiry. The incident, captured on CCTV, has raised concerns among locals and tourism stakeholders about Himachal Pradesh's image as a safe destination.
US Vice President J D Vance is currently in Switzerland, leading critical technical talks with Iran to advance diplomatic efforts on Iran's nuclear programme and secure a lasting ceasefire in Lebanon, following a recently signed memorandum of understanding aimed at de-escalating West Asian hostilities.
Iran has criticised recent US attacks on merchant ships off the Oman coast, which resulted in the deaths of three Indian nationals, calling them a threat to global peace. India has also strongly condemned the 'lethal and deadly' strikes and summoned the US charge d'affaires to express its concerns.
A tripartite pact -- amid the promise of removing AFSPA from almost all of the North East -- revives hydrocarbon exploration along the Assam-Nagaland border after decades of dormancy.
