Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.
Analysts are revising down India Inc's financial year 2026-27 (FY27) earnings growth forecasts, citing persistently high crude oil prices above $100 a barrel due to the West Asia conflict, which is expected to dent corporate financial performance in the coming quarters.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
West Bengal Chief Minister Mamata Banerjee has accused the BJP of attempting to illegally include voters from outside the state in West Bengal's electoral rolls, alleging a coordinated effort to interfere with democratic rights.
India has joined over 100 countries and global organizations in condemning Israel's "unilateral" decisions and measures aimed at expanding its "unlawful presence" in the West Bank.
National Security Advisor Ajit Doval called for decisive action against terrorism and said there cannot be 'double standards' in the fight against it, while addressing an international security forum in Russia.
Prime Minister Narendra Modi has called on Indian citizens to unite and overcome the challenges posed by the ongoing conflict in West Asia, cautioning against politicisation and rumour-mongering.
India's virtual T20 World Cup quarterfinal against West Indies at Eden Gardens will be played on the same pitch that produced the tournament's first 200-plus total, with dew and spin likely to play key roles.
Prime Minister Narendra Modi addressed concerns about the impact of the West Asia conflict on India, assuring efforts to minimise its effects and prioritising the safety of Indian citizens working in the region. He also criticised the Congress party for making remarks that could endanger Indian lives for political gain.
A vessel carrying 20,000 metric tonnes of Liquefied Petroleum Gas (LPG) arrived at Deendayal Port Authority in Kandla, Gujarat, after crossing the Strait of Hormuz amid the West Asia crisis.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
India recorded a 6% dip in overall crime in 2024, with 58.85 lakh cases registered compared to 62.41 lakh in 2023, according to the National Crime Records Bureau. Crime rates per lakh population also decreased, with Kerala, Puducherry, and West Bengal leading in solving crimes. While some crimes like those against women and SC/STs saw declines, cybercrime and crimes against senior citizens increased.
India's fertiliser subsidy bill is projected to increase by approximately 70,000 crore, reaching around 2.41 trillion in FY27, primarily due to rising import costs exacerbated by the ongoing West Asia crisis.
Mamata Banerjee's Trinamool Congress is grappling with an unprecedented political crisis following its recent electoral defeat, which has seen a significant number of its legislators openly challenging her authority and forming a rebel faction.
India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).
Venezuela's Interim President Delcy Rodriguez is in New Delhi on her sixth visit to India.
Dabur India's shares rose 3.7 per cent after reporting in-line Q4FY26 results, driven by a healthy 10 per cent growth in its India business, despite some analysts remaining cautious about future execution.
'With inflationary pressures now at elevated levels and the adverse cost environment persisting, the company has to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible.'
West Indies' commanding victory over Zimbabwe in the T20 World Cup has significantly increased the pressure on India to win their remaining matches by a substantial margin to secure a spot in the semifinals.
Senior Trinamool Congress leader Kalyan Banerjee has commented on the Supreme Court judgment regarding the Special Intensive Revision (SIR) of electoral rolls, emphasising its specific application to the Bihar case and highlighting the Election Commission's limited authority in determining citizenship.
India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.
He added that opposition parties were assured that their concerns regarding the impact of the West Asia situation on India and the safety of Indian citizens were addressed in detail.
Flex fuel motorcycles can deliver "3 per cent higher torque and 7 per cent higher peak power".
The Reserve Bank of India has increased its retail inflation projection for 2026-27 to 5.1 per cent, up from an earlier estimate of 4.6 per cent. This revision is primarily attributed to mounting input costs, driven by the pass-through of higher global energy prices to domestic petrol and diesel rates, which have seen significant increases since May.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Bangladeshi nationals topped the list of foreign nationals arrested in India in 2024, according to the latest NCRB data, followed by Nigerians and Nepalis. West Bengal recorded the highest number of crimes committed by foreigners among states, while Delhi topped union territories.
Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.
The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.
A month after losing power in West Bengal and facing a rebellion by 58 MLAs, the Trinamool Congress (TMC) confronts an unprecedented challenge to Mamata Banerjee's absolute authority, raising questions about the party's survival and future.
An FIR has been lodged against former West Bengal chief minister Mamata Banerjee for allegedly hurting religious sentiments based on a complaint by a lawyer.
The Rajya Sabha witnessed a heated debate between the opposition and the government regarding a discussion on the West Asia crisis, with accusations of political maneuvering and failure to uphold the dignity of parliamentary positions.
Ed-tech unicorn PhysicsWallah is strategically targeting a 30% revenue improvement by FY27, leveraging AI-led automation, aggressive expansion into southern Indian markets, and a strong focus on student learning outcomes and enrolment growth.
The Indian government has convened an all-party meeting to discuss the ongoing crisis in West Asia, following Prime Minister Modi's address to Parliament on the situation and its potential impact on India.
The Indian government has implemented several measures to mitigate external risks, support the balance of payments, and maintain macroeconomic stability amidst the ongoing West Asia crisis, according to Minister of State for Finance Pankaj Chaudhary.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
The INDIA bloc faces challenges after recent state election defeats for key members like TMC and DMK, potentially shifting internal dynamics and leadership considerations.
Indian stock market indices Sensex and Nifty experienced a decline in early trade due to surging crude oil prices and ongoing geopolitical uncertainty in West Asia. Foreign fund outflows further contributed to the negative sentiment.
Prime Minister Narendra Modi convened the Cabinet Committee on Security to address the impact of the West Asia conflict on Indian citizens, focusing on safeguarding them from the conflict's effects and ensuring the smooth flow of essential supplies.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
Indian equity benchmark indices Sensex and Nifty experienced a significant tumble in early trade, with the Sensex tanking nearly 700 points, driven by uncertainty surrounding US-Iran negotiations, a fresh spike in crude oil prices, and persistent foreign fund outflows.
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