India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
Major Dhyan Chand Sports University in Meerut has opened online registrations for its 2026-27 academic session, offering new undergraduate, postgraduate, and diploma programmes in sports, including direct admission for elite athletes and a 10% reservation for outstanding sportspersons.
A shoe store salesman in Gurugram has gone missing under suspicious circumstances, with his family suspecting kidnapping. Police are investigating the case after receiving a complaint.
Global oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, offering a significant economic tailwind for India, the world's third-largest crude importer, by easing inflation risks, reducing the import bill and improving the government's fiscal position.
A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.
A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.
India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.
The Nifty 50 firms' contribution to the overall earnings of India Inc has steadily declined, reaching its lowest share in at least 21 quarters at 47.1 per cent in Q4FY26, down from 51.8 per cent a year earlier.
Larsen & Toubro (L&T) is significantly investing in automation, robotics, and technology-led solutions to scale up its construction activities, as increasing traditional manpower is no longer a viable growth option, according to CFO R Shankar Raman.
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.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
Investors should do thorough due diligence when selecting a platform.
'DRDO has been directed to license missile technologies to the private sector.'
Newly appointed Bengal Industries Minister Tapas Roy has announced ambitious plans to attract significant investments, particularly from the Tata Group, to revive industrial growth in West Bengal. He aims to restore investor confidence, bring back businesses that left the state, and create an industry-friendly environment focused on manufacturing, services, and renewable energy.
India's dual pursuit of a robust strategic partnership with Washington and a pragmatic, tension-management policy with Beijing represents the essence of modern multi-alignment. By embracing economic pragmatism, learning to compartmentalize political differences, and engaging in continuous dialogue, India can secure its borders, grow its economy, and contribute to a stable, multipolar Asian century, points out Ambassador Rajasekhar.
'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'
Gurugram police have successfully dismantled a car theft gang, arresting three individuals from Rajasthan. The gang, responsible for stealing a Swift car and confessing to four other thefts, employed sophisticated methods including electronic devices and drilling machines. One of the accused has a significant criminal history across multiple states.
India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).
The Cockroach Janta Party (CJP) has launched a nationwide protest from Pune, demanding the resignation of Union Education Minister Dharmendra Pradhan over alleged exam irregularities and delays. Climate activist Sonam Wangchuk is also participating in the peaceful demonstration.
Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.
Mukesh Ambani, Chairman of Reliance Industries, has called upon India's engineering talent to spearhead Jio's ambitious artificial intelligence initiative. He emphasized India's role as a creator and global leader in AI, not just a consumer, outlining the execution phase of Reliance Intelligence with partnerships and a focus on developing affordable, language-fluent AI for all Indians.
Prime Minister Narendra Modi has urged states to balance the opportunities presented by artificial intelligence with the need to safeguard against social challenges like cyber fraud and drug abuse. He also warned of the risks posed by El Nino conditions, calling for stronger water conservation measures and emphasising the collective resolve towards a 'Viksit Bharat'.
India's eight core infrastructure sectors experienced a slowdown in production growth, reaching a two-month low of 4% in January. Crude oil and natural gas output declined, while refinery products remained flat. Overall growth for the April-January period was also lower compared to the previous fiscal year.
AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.
Jammu and Kashmir LG Manoj Sinha emphasised the critical need to translate scientific immunological knowledge into public health action. Speaking at the IMMUNOCON-2026 conference, he highlighted immunology's evolving role in healthcare, stressing continuous innovation and collaboration in areas like immuno-AI fusion, climate immunity, and translational medicine to combat infectious diseases and prepare for future global health threats.
The Indian Army apprehended three individuals attempting to cross the Line of Control (LoC) into Pakistan-occupied Kashmir (PoK) in the Uri sector of Jammu and Kashmir. In a separate incident, a PoK resident was also apprehended after crossing the LoC.
The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.
The Cockroach Janta Party (CJP) has announced a nationwide agitation, starting in Pune on June 11, demanding the resignation of Union Education Minister Dharmendra Pradhan over alleged failures in conducting examinations. The group has warned of an indefinite sit-in at Delhi's Jantar Mantar from June 20 if their demand is not met.
A head constable in Faridabad was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 2,500 to return a man's financed bike. The complainant, Somdutt, approached the ACB after repeated demands for money from the officer.
India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.
Gurugram police demolished illegal structures belonging to two habitual offenders, Shahrukh and Arshad, on government land in Peer Colony, Sohna. The structures were allegedly used as a base for criminal activities, with Shahrukh facing 34 theft cases and Arshad facing six theft cases and one NDPS case.
Gurugram police demolished illegal structures belonging to two habitual offenders, Shahrukh and Arshad, on government land in Peer Colony, Sohna. The structures were allegedly used as a base for criminal activities, with Shahrukh facing 34 theft cases and Arshad facing six theft cases and one NDPS case.
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.
Indian drone startup Garuda Aerospace has partnered with Extensee SAS to deploy Airbus' Flexrotor unmanned aerial vehicles internationally. This collaboration aims to leverage Extensee's operational expertise for various long-range autonomous missions, expanding Garuda Aerospace's Drone-as-a-Service offerings globally.
The Gurugram municipal corporation headquarters and the mayor's office received a bomb threat via email, allegedly from a pro-Khalistan group. Police and security agencies evacuated the premises and are conducting a search for explosives. The threat comes ahead of the Operation Blue Star anniversary.
The Gurugram municipal corporation headquarters and the mayor's office received a bomb threat via email, allegedly from a pro-Khalistan group. Police and security agencies evacuated the premises and are conducting a search for explosives. The threat comes ahead of the Operation Blue Star anniversary.
The deceased woman is survived by her husband and two daughters. The couple have been married for 13 years. The woman was said to be suffering from depression since the birth of her daughter six months ago, he said. Police registered a case and have launched an investigation.
India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.
