Shreyas Iyer's tactical call to promote Josh Inglis to No 3 to counter Lucknow Super Giants' tearaway pacer Mayank Yadav proved vital in Punjab Kings' victory.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
A massive anti-Naxal operation involving around 10,000 security personnel along the Chhattisgarh-Telangana border entered its fifth day on Friday, with the Maoists reportedly issuing a statement calling for a halt to the exercise and initiating "peace talks." The statement, circulating on social media, claims that the government is resorting to repression and violence despite the possibility of resolving the issue through dialogue. The operation, considered one of the largest counter-insurgency actions in the Bastar region, involves personnel from various units including the Chhattisgarh police, the Central Reserve Police Force (CRPF), and its elite CoBRA unit. The operation, launched on Monday in the densely forested hills of Karregutta and Durgamgutta along the inter-state border, is aimed at targeting PLGA battalion No. 1, the strongest military formation of the Maoists.
A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.
The Indian government has defended the Waqf (Amendment) Act, 2025 in the Supreme Court, arguing that there cannot be a blanket stay on the law as there is a presumption of its constitutionality. The Centre countered the pleas challenging the law's validity, asserting that the amendments were undertaken after a comprehensive study by a parliamentary panel. The government also highlighted the "reported misuse" of earlier provisions and the increase in waqf land, claiming that over 20 lakh hectares were added after 2013.
Meanwhile, a precautionary blackout has been enforfced in the multiple areas amid the esclating tensions between India and Pakistan.
'The lesson Beijing would have learned is that there is, cost-benefit wise, no better option than to keep the Pakistan military supplied with its most advanced armaments, certain that in hostilities with India these would be used for maximum effect.'
Fallen Fortress: CSK look to learn from Chepauk failures
Two terrorists were killed and five security personnel were injured in a fierce gun battle in a remote forested area of Kathua district in Jammu and Kashmir. The encounter, which involved a group of approximately five terrorists, triggered intense firing and explosions. The gunfight, centered near Jakhole village, resulted in injuries to Special Police Officer Bharat Chalotra, who sustained facial wounds. Three security personnel, including a Sub-Divisional Police Officer (SDPO), were reportedly trapped near the gunfight's location. The terrorists were moving through the forest area when a police party headed by an SDPO moved in after getting specific information. Reinforcements from the police, army, and CRPF were immediately deployed to the area.
FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.
Over the years, with some amount of experimenting, I have learnt exactly what freezes well and what does not.
The RSS-affiliated ABVP has won the post of joint secretary in the Jawaharlal Nehru University Students' Union (JNUSU) election, ending a nine-year period out of office. The ABVP's victory marks a significant shift in the political landscape of JNU, breaking the Left's long-standing dominance. Left candidates won the remaining three central panel posts, but the ABVP's victory is seen as a major gain for the right-wing group.
Congress president Mallikarjun Kharge addressed top party leaders, emphasizing accountability for future election results and warning against turncoats. He urged them to work at the grassroots level, strengthen the organization, and promote ideologically committed individuals. Kharge hinted at further changes within the organization, following recent revamps. He criticized the BJP's win in Delhi and the government's handling of US deportations and tariffs, calling them insults to India.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
Manchester City and Chelsea both secured their Champions League places with victories on the final day of the English Premier League season and Newcastle United joined them despite stumbling to a last-day defeat.
Madhya Pradesh Chief Minister Mohan Yadav has ordered strict action against those responsible for the death of an ASI who was killed while trying to rescue a man from an attack by a group of tribals in Mauganj district. The incident has sparked outrage and raised concerns about the law and order situation in the state. The opposition Congress has criticized the government, alleging that law and order has collapsed in Madhya Pradesh.
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
The January-March quarter (Q4) results for 2024-25 (FY25) from the country's largest passenger vehicle (PV) maker, Maruti Suzuki India (MSIL), were a mixed bag, with revenues broadly in line but operating profit missing Street expectations. Given cost pressures, margins at the operating level were the lowest in the past seven quarters.
'Besides Ayodhya, the BJP lost in nine other constituencies with a Ramayana imprint; it tasted success only in Thrissur.' 'In Rameswaram, K Navaskani of the Indian Union Muslim League won with a 44% voteshare in a 84% Hindu constituency.' 'In the 21 seats in the Ayodhya and Varanasi regions, both crucial to the Hindutva project, the BJP won just 7.' 'It won just 3 out of 12 seats around Modi's constituency,' points out Krishna Prasad.
The BJP's surprise announcement of a caste census in the next census has sparked political debate, particularly in Bihar where the issue of backward empowerment holds significant electoral weight. The move is seen as a strategic maneuver by the ruling party to counter opposition efforts to mobilize support among disadvantaged sections of society. The decision is also viewed as a recognition of the growing influence of OBC politics in India.
The varieties will take at least 4 to 5 years to reach farmers after they complete the usual cycle of breeder, foundation and certified seeds.
The dastardly dimensions of the attack are gradually sinking in even as the Government of India announced its immediate diplomatic and other retaliatory measures. It is generally expected to be followed up with punitive military action across the LoC, sooner than later, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Pakistan was waiting for an opportunity to bring the Jammu and Kashmir issue to the global agenda and resorted to the terrorism route to provoke India, observes Ambassador T P Sreenivasan.
The interplay between domestic and foreign capital will shape India's equity markets.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Curfew was imposed in Manipur's Churachandpur on Monday as a precautionary measure following clashes between Hmar and Zomi communities. The decision came after a Hmar tribal leader was assaulted, leading to demands for the perpetrators to be identified. Prohibitory orders were also imposed in the district, banning unauthorized processions and assemblies, and restricting the carrying of weapons. The violence stemmed from an altercation involving the Hmar leader, who was accused of nearly hitting a two-wheeler rider. The incident sparked protests and clashes, with central security forces intervening to disperse mobs. The Hmar Village Volunteers have imposed a total shutdown in Pherzawl and Jiribam districts in response to the violence.
'India enjoys conventional superiority, but nuclear deterrence imposes clear boundaries.'
Two persons, including an ASI, have been killed and other policemen sustained minor injuries,
'The slowdown in motor insurance premium growth is due to slower growth in vehicle sales. Also, there has been minimal hike in third-party rates in the past three years which is affecting the growth rate of third-party premiums.'
Two Indian Army personnel, including a captain, were killed and another was injured when suspected terrorists set off an improvised explosive device (IED) near the Line of Control (LoC) in the Akhnoor sector of Jammu on Tuesday. This was the third incident of cross-border action by terrorists in the Jammu region in four days, highlighting the ongoing security challenges in the area. The blast occurred while the troops were on patrolling duty near a forward post, underscoring the risks faced by security personnel in the region. Following the incident, the Army launched search operations in the area and expressed condolences for the loss of its personnel.
'We have to be wary because if an uncontrolled transmission happens, random mutations may lead to something which could be virulent and then that could land us in a problem.'
The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.
With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.
The Centre on Thursday assured the Supreme Court that it will neither denotify Waqf properties, including "Waqf by user", nor make any appointments to the central Waqf council and boards till May 5.
Tensions flared in Madhya Pradesh's Mhow town and Gandhinagar district of Gujarat amid celebrations of the Indian cricket team's victory in the ICC Champions Trophy, resulting in unrest and multiple arrests across the two states.
The India Meteorological Department (IMD) has predicted above-normal rainfall for the upcoming monsoon season in India (June to September). The cumulative rainfall is estimated to be 105 percent of the long-period average. The IMD has also ruled out the possibility of El Nino conditions during the entire season. The monsoon is crucial for India's agriculture sector, which supports the livelihood of a significant portion of the population and contributes substantially to the country's GDP. However, while the prediction of normal rainfall brings relief, climate change is expected to cause variations in rainfall distribution.
The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.
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