Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
As more opposition MPs are now aligning with the ruling NDA, sources in the government indicated that possibilities are being explored to give a fresh push to the delimitation legislation in Parliament.
Shiv Sena (UBT) workers in Dharashiv have issued strong warnings, including threats of public humiliation, against any party members, particularly MP Omprakash Raje Nimbalkar, who might defect. This comes amidst reports of six of the party's nine MPs potentially forming a separate group, posing a significant challenge to the Uddhav Thackeray-led faction.
Its strength is set to increase by 3 seats once the current round of Rajya Sabha polls for 27 seats are concluded on June 28.
The Shiv Sena-UBT is holding a crucial parliamentary party meeting in New Delhi to address a potential split by dissident MPs. A whip has been issued, making attendance mandatory, as the party aims to prevent a breakaway faction from merging with the Eknath Shinde-led Shiv Sena and initiating disqualification proceedings.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
A group of rebel Shiv Sena (UBT) MPs reportedly met Lok Sabha Speaker Om Birla, claiming support of six members, while Uddhav Thackeray loyalists deny any defection. The party has issued a whip for a crucial meeting, and the anti-defection law's implications are being discussed amidst allegations of bribery.
The weather office has warned that the prevailing monsoon conditions could trigger flash floods, landslides, waterlogging and a further rise in river levels across the Northeast.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
NDA floor leaders held a meeting after the Constitution Amendment Bill seeking to implement reservation for women in legislatures in 2029 and increase the number of seats of the Lok Sabha was defeated.
Lok Sabha Speaker Om Birla will hear both the defected TMC MPs and the faction led by Mamata Banerjee before deciding on recognising the breakaway group's proposed merger with the Nationalist Citizens Party of India (NCPI).
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.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
According to a bulletin issued on Wednesday, 'The Constitution (One Hundred and Thirty-First Amendment) Bill, 2026', 'The Delimitation Bill, 2026' and 'The Union Territories Laws (Amendment Bill), 2026' will be introduced and debated for passage in the Lower House.
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.
An IAF helicopter has been deployed to assist in the search and rescue of four people missing after flash floods and landslides in Arunachal Pradesh's Keyi Panyor district. Incessant rain has cut off six districts, damaged homes, and injured 17, with one fatality reported. Efforts are also underway to restore crucial road connectivity.
Ideology is dead; long live the numbers game that is being played with the sole intention of securing a two-third majority in the Lok Sabha for the NDA, observes Nilanjan Mukhopadhyay.
Despite recent gains, the BJP-led NDA is unlikely to achieve a two-thirds majority in the Rajya Sabha in the near future, highlighting the challenges in passing key legislation requiring constitutional amendments.
Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.
A 19-year-old student was found dead in a blood-soaked condition at a boys' PG accommodation in Varanasi. Police have detained her boyfriend, who claims she died from excessive bleeding after taking abortion pills. An investigation is underway.
Congress general secretary Jairam Ramesh has alleged that the BJP's "real and ultimate target" in seeking a two-thirds majority in the Lok Sabha is to amend the Constitution to end reservation, rather than genuinely implement women's reservation.
Students and families must stress test repayment capacity based on Indian salary standards.
Congress MP K C Venugopal has submitted a privilege notice to Lok Sabha Speaker Om Birla against Prime Minister Narendra Modi, alleging breach of privilege during a recent address to the nation.
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Congress chief whip Jairam Ramesh has filed a privilege notice against Union Education Minister Dharmendra Pradhan for allegedly making derogatory remarks about a parliamentary committee, claiming he lowered the dignity of Parliament.
Israel's Defence Minister Israel Katz declared that the Israeli military will not withdraw from its security zones in Lebanon, Syria, and Gaza, directly opposing the newly announced American-led diplomatic framework with Tehran. National Security Minister Itamar Ben-Gvir further asserted Israel's sovereignty, stating, "Trump's agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!"
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Congress leader Shashi Tharoor criticised the proposal to increase the Lok Sabha's strength to 850, while BJP leaders defended delimitation as a democratic necessity at the Stanford India Conference 2026.
A 17-year-old girl in Thane district committed suicide after being upset over her class 12 Maharashtra board examination results.
'Once the numbers come out, they fear that the OBCs would start to demand, and articulate what they are lacking, why they are lacking and what should be done to go forward.'
Real estate developers are increasingly offering flexible payment plans, such as low booking amounts and deferred payments, to stimulate housing sales and manage affordability concerns without resorting to price cuts, as sales volumes declined by 14 per cent in 2025.
Thirty-five BJP MLAs were sworn in as ministers as part of an expansion of the Suvendu Adhikari-led cabinet in West Bengal. The oath-taking ceremony took place weeks after Adhikari was sworn in as chief minister.
The videos were shown so that the woman could learn about Islam, she said in her statement, which is part of the chargesheet submitted in a Nashik court last week.
Over 93,000 individuals in Delhi have participated in the self-enumeration exercise for Census 2027, with North East, South West, and North West Delhi districts leading in registrations. The initiative, part of a broader census effort, allows residents to submit household details online, contributing to the overall data collection process.
Investors can begin investing in mutual funds with as little as Rs 100.
The BJP and the Opposition have engaged in a war of words over the implementation of the women's reservation bill, which aims to reserve seats for women in legislatures. The bill was defeated in the Lower House, leading to accusations and counter-accusations between the parties.
Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.
A 55-year-old woman died in a house fire in Bengaluru, while her husband, son, and mother-in-law escaped. The fire broke out in their Rajajinagar residence, and the cause is under investigation.
Eight civilians, including women and children, were injured in cross-border shelling allegedly carried out by Afghan Taliban forces at a residential border area in Pakistan's northwestern Khyber Pakhtunkhwa Province, police said on Thursday.
