Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.
Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.
The Indian rupee plummeted to an all-time low of 95.80 against the US dollar, settling at 95.66, driven by elevated crude oil prices and escalating geopolitical tensions in West Asia, despite potential RBI intervention and import curbs on gold.
Government sources indicate a potential increase in petrol and diesel prices due to rising global crude oil costs and losses incurred from a prolonged freeze on retail rates.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
Himanta Biswa Sarma's return as Assam's Chief Minister underscores the BJP's increasing dominance in the northeast, marked by both development and divisive policies.
Look who attended the GlobalSpa Awards 2026 at the J W Marriott hotel in Mumbai on April 22.
India's wheat and rice reserves in Food Corporation of India (FCI) godowns have surged to 604.02 lakh tonnes as of April 1, nearly three times the mandatory buffer requirement, according to official data.
Real Madrid president Florentino Perez rejected resignation rumours, addressed Jose Mourinho speculation and defended his leadership after a chaotic, trophyless season for the Spanish giants.
V D Satheesan, a 61-year-old lawyer-turned-politician, has emerged as a prominent figure in Kerala politics, known for his aggressive opposition to the Left government and his role in revitalising the Congress party. His journey from student politics to a key leadership position highlights his strategic acumen and dedication to addressing local issues.
VCK chief Thol Thirumavalavan announced his party's decision to support Vijay's TVK in government formation to prevent President's rule in Tamil Nadu and also ensure people's mandate for TVK was fulfilled.
Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.
Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.
Bajaj Auto reported a significant increase in its consolidated Q4FY26 performance, with profit after tax more than doubling to approximately 3,662 crore, a 103 per cent year-on-year rise, primarily driven by record volumes, an improved product mix, and the strategic consolidation of Bajaj Auto International Holdings AG (BAIHAG).
Explore Bollywood's enduring fascination with infidelity as new films like Pati Patni Aur Woh Do and Hai Jawani Toh Ishq Hona Hai continue a cinematic tradition of depicting adultery through various classic tropes and evolving narratives.
Unified Payments Interface (UPI) transaction value and volume saw a slight month-on-month dip in April after record highs in March, but daily transaction volumes increased, indicating sustained growth in digital payments across India.
The National Crime Records Bureau (NCRB) data for 2024 reveals that thousands of people were reported missing in Delhi, with a significant number remaining untraced by the end of the year.
Prince Yadav returned outstanding figures of 3/33 as RCB fell nine runs short of the target in the rain-curtailed match.
A case has been registered against the son of Union Minister Bandi Sanjay Kumar under the POCSO Act, following allegations of sexual harassment of a minor girl. The accused denies the charges, claiming extortion and criminal intimidation. The case has sparked a political row, with accusations of a 'political hit job' and demands for the minister's removal.
'He worked over time to become the natural claimant,' a senior UDF leader observed. 'Others had organisational stature, but Satheesan had momentum.' For the Congress, it may signal the beginning of a new leadership template -- one where performance, communication and grassroots credibility increasingly outweigh inherited power structures in deciding who leads the party into its next phase.
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
At the 2026 Met Gala, Isha Ambani didn't just shine but practically rewrote the red carpet rulebook wearing Gaurav Gupta.
IT firm Tech Mahindra announced a 16 per cent increase in its consolidated net profit to Rs 1,353.8 crore for the January-March quarter of FY26, with revenue from operations rising 12.6 per cent to Rs 15,076.1 crore, driven by an accelerated transition to an AI-led organisation and record deal wins.
Gokulam Kerala and Aizawl FC played to a 2-2 draw in a crucial I-League relegation stage match. The draw ensures Aizawl FC's safety from relegation, while Gokulam Kerala remains in the relegation zone.
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.
Fire-related emergencies in Delhi surged by 73% in April compared to March, with 32 deaths reported in fire accidents between January and April, according to official data from the Delhi Fire Services.
A look at the profiles of the ministers in the new Tamil Nadu government led by Joseph C Vijay of the Tamilaga Vettri Kazhagam (TVK).
Suvendu Adhikari was sworn in as the first BJP chief minister of West Bengal, marking the end of the Trinamool Congress' 15-year rule in the state.
India's foreign direct investment (FDI) inflows are projected to surpass $90 billion in 2025-26 (FY26), driven by robust policy reforms, free trade agreements, and strong economic growth, according to DPIIT Secretary Amardeep Singh Bhatia.
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.
'How does the person responsible for the leader's defeat stand before the leader, showing his face, without even a shred of shame, fear, apprehension, or embarrassment?'
The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.
The Indian rupee gained 2 paise to settle at 93.33 against the US dollar, driven by positive sentiment in domestic equity markets and renewed hopes for US-Iran talks, despite rising WPI and CPI inflation.
East Bengal FC continued their dominant run in the Indian Women's League with a 2-1 victory over Gokulam Kerala FC. Other matches saw SETHU FC triumph over Sribhumi FC, and Kickstart FC, Karnataka outclass SESA Football Academy.
Barcelona moved to the brink of retaining the LaLiga title after Robert Lewandowski and Ferran Torres struck late in a 2-1 victory at Osasuna.
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.
'Vijay entered politics at a much better age compared to Rajnikanth and Kamal Haasan. His fans are young and he has at least 2-3 decades ahead of him.'
The government has dismissed speculation of an imminent increase in petrol and diesel prices, assuring citizens that there are no plans for a hike despite rising crude oil costs.
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