The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.
"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.
A pro-Khalistan terror module was busted after a blast at a freight corridor railway track near Shambhu, Patiala. One member died while attempting to detonate explosives, and four others have been arrested. The incident marks the second blast at a freight corridor in three months, prompting a likely NIA investigation.
Actor Vijay's newly formed party, TVK, has achieved a significant victory in the 2026 Tamil Nadu Assembly elections, securing a commanding vote share and disrupting the state's traditional bipolar political system.
Reliance Industries Limited (RIL) faced a challenging fourth quarter, with its energy business experiencing significant headwinds, leading to overall muted results and prompting analysts to adjust their outlook, even as consumer segments like Jio and retail demonstrated robust growth.
Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.
India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.
Manchester City defeated Brentford 3-0, closing the gap on Premier League leaders Arsenal. Liverpool drew with Chelsea, while other key Premier League results impacted European qualification hopes.
Pakistan's newly-appointed hockey team head coach, Manzur ul Hassan, believes the nation erred by not participating in the FIH Pro League's inaugural edition in 2019, depriving players of crucial experience against top-tier opponents.
Punjab Police have arrested another individual in connection with the freight corridor railway track blast in Shambhu, Patiala. The arrested person, Gurjinder Singh, is a key associate of a suspect who died while attempting to detonate explosives at the track.
Bhuvneshwar Kumar's impressive performance in IPL 2026 has sparked debate about his potential return to the Indian T20I squad.
Bringing international recognition to Assam, young scientist Dr Shekhar Suman Bora has been honoured with the prestigious 'University Innovator Award' at the 2026 Texas Innovation Conference & Awards held in the United States.
India's women's recurve team secured a spot in the Archery World Cup Stage 2 final after defeating South Korea, while the men's team suffered an early exit against Bangladesh.
Leeds United climbed to 14th in the Premier League standings after a 3-1 victory over Burnley, easing their relegation concerns. Goals from Anton Stach, Noah Okafor, and Dominic Calvert-Lewin secured the win, while Loum Tchaouna scored a consolation goal for Burnley.
Arsenal cleared arguably the most dangerous remaining obstacle in their path to the Premier League title by the skin of their teeth as Leandro Trossard's late goal secured a dramatic 1-0 win at West Ham United to restore their five-point lead on Sunday.
Bengaluru FC were held to a 1-1 draw by Odisha FC in their Indian Super League match, with Braian Sanchez's penalty cancelling out Rahim Ali's opener.
If there's one celeb who proves hair can make or break a look, it's Genelia Deshmukh.
If there's one celeb who proves hair can make or break a look, it's Genelia Deshmukh.
Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.
The Indian women's recurve archery team secured a medal at the Archery World Cup Stage 2, defeating South Korea in the semi-final. However, the men's team faced a disappointing defeat against Bangladesh.
Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.
Hyderabad police busted a tea powder adulteration racket, arresting 10 people involved in mixing synthetic food colours, jaggery juice, and expired tea powder to increase profits.
Namdhari FC secured a 3-0 victory against Real Kashmir FC in the Indian Football League, boosting their survival hopes. Goals from Manvir Singh, Manish Chaudhary, and Najib Fuseini Ibrahim sealed the win, while Real Kashmir were reduced to 10 men after a red card.
The Enforcement Directorate (ED) conducted raids at multiple locations in West Bengal as part of a money laundering investigation into an alleged Public Distribution System (PDS) scam.
Two explosions near defence establishments in Punjab have triggered security concerns.
'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'
Yield-generating instruments like Infrastructure Investment Trusts (Invits), Real Estate Investment Trusts (Reits), and Non-Convertible Debentures (NCDs) are witnessing a surge in investor interest, contrasting with a notable slowdown in the equity primary market, which saw only one IPO in April.
'In India's case, an extended earnings slowdown accompanied by rich valuations have dimmed returns since late 2024.'
Heavy rains and a hailstorm lashed Bengaluru, providing relief from the summer heat but also disrupting normal life with waterlogging, traffic chaos, and uprooted trees.
The BSE Smallcap index hit an over eight-month low of 47,627.96, falling 3 per cent in Tuesday's intraday trade amid selling pressure due to ongoing tariff-related concerns and rising geopolitical tensions.
Champagne consumption in India is expanding beyond major metropolitan areas into smaller cities like Kanpur, Guwahati, and Lucknow, driven by a desire for sophisticated lifestyle declarations and a growing appreciation for the beverage.
Two explosions near security establishments in Punjab have triggered panic and condemnation from opposition parties, who allege efforts to destabilise the state. The blasts occurred in Jalandhar and Amritsar, with investigations underway. No injuries were reported.
India's private sector activity saw a significant recovery in April, driven primarily by robust growth in manufacturing output and sales, following a three-year low in March attributed to the West Asia conflict.
ASUS has launched the ExpertBook Ultra in India, placing strong emphasis on built-in AI capabilities. This highlights a move towards machines that process demanding tasks directly on the device, reducing dependence on remote servers and cloud-driven computing.
Indian stock markets are poised for volatility this week, driven primarily by the outcomes of five state assembly elections, ongoing high crude oil prices amid West Asia tensions, and the release of Q4 corporate earnings, according to market analysts.
Royal Challengers Bengaluru will aim to rediscover their batting form after a recent collapse as they face Lucknow Super Giants in an IPL match. RCB, currently second in the standings, need to regroup after a defeat against Gujarat Titans, while LSG are struggling at the bottom after losing their last six matches.
Paris St Germain defeated Bayern Munich 5-4 in a thrilling Champions League semi-final first leg, setting a record for goals scored at this stage of the competition. PSG came from behind to lead 5-2 before Bayern fought back, leaving the tie finely poised for the return leg in Munich.
The scorching summer heat is frying these Indian towns and cities.
K L Rahul expresses satisfaction at breaking the perception of being a Test specialist.
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