Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.
BJP's Panihati candidate Ratna Debnath faced protests by TMC workers when she visited a booth in the assembly constituency in West Bengal's North 24 Parganas district where polling was underway. She also accused the ruling party activists of preventing her from leaving the booth premises, following an altercation with them over an allegation of influencing voters.
Railway Minister Ashwini Vaishnaw asserted that the BJP will form the government in West Bengal after the upcoming assembly elections, ending the Trinamool Congress's 15-year rule. He criticised the TMC for vote-bank politics, hindering development, and failing to protect women, while promising unprecedented development under a BJP government.
In response to Prime Minister Narendra Modi's call for austerity, political leaders are reducing convoys and promoting public transport to conserve fuel.
Hyderabad Police have dismantled a pan-India cyber fraud network, arresting 52 individuals across nine states in 'Operation Octopus 2.0'. The operation targeted bank officials, mule account holders, and middlemen involved in facilitating cyber frauds.
Former India captain and coach Rahul Dravid has been named as a co-owner of the Dublin franchise in a new European Twenty20 league, with the 53-year-old being part of an Indian consortium that acquired the team in the tournament set to launch in September.
'This system will be of immense help in agricultural planning, disaster management and water resources management.'
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.
Sports Minister Mansukh Mandaviya is advocating for a Formula 1 race in India by 2027, with potential interest from multiple companies to operate the Buddh International Circuit.
India has no plans to ration fuel supplies despite ongoing disruptions in global energy markets, according to a top oil ministry official. The country has maintained adequate inventories of crude products and LPG while diversifying imports to manage supply risks.
In a strategic move for the upcoming West Bengal elections, the BJP has announced its first candidate list, highlighted by Suvendu Adhikari challenging Mamata Banerjee in both Nandigram and Bhabanipur.
"Our strategy has always been to focus on volume-led penetration growth," said Manish Tiwary, chairman and managing director, Nestle India.
Rahul Dravid said the European T20 Premier League offers an 'exciting opportunity' to grow cricket in Europe after becoming owner of the Dublin Guardians franchise.
'In West Bengal, the BJP's ideology of Hindutva will be customised to cater to the culture and the cultural imperatives of Bengalis.'
Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'
Most defections originated from three major parties -- the Congress, BJP and BSP.
The Indian embassy in Tehran has earlier stated that it is facilitating the safe movement of nationals who wish to leave Iran.
Union Minister JP Nadda accuses the West Bengal government of sheltering infiltrators, leading to demographic changes and hindering development.
Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.
India has denied making any payments to Iran to secure safe passage for its vessels through the Strait of Hormuz, following reports that Indian vessels were fired upon in the region.
The Karnataka State Cricket Association (KSCA) has expressed its disappointment after the BCCI shifted the IPL 2026 final from Bengaluru to Ahmedabad, despite Bengaluru being the defending champions' home ground. The BCCI cited unspecified requirements from local authorities as the reason for the change.
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
The Congress party has called on the BJP-led government to adopt a unified national approach to restore India's role as a voice for peace, criticising the government's foreign policy and its impact on India's global standing.
I wonder if I can rest assured -- before the election ink on my finger fades -- that my home state is at the threshold of a better future, wonders Vice Admiral Biswajit Dasgupta (retd).
Prime Minister Narendra Modi will review the impact of the West Asia conflict on India's food, energy, and fuel security with senior cabinet ministers. The meeting follows previous discussions and concerns raised about global energy crises and supply chain disruptions.
'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'
What lessons opposition parties need to learn post defeat of Mamata Banerjee in West Bengal elections? The election saw spectacular victor of BJP which rose from 3 seats in 2016 to 206 seats in 2026 assembly elections.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
Trinamool Congress offices across West Bengal were allegedly defaced and damaged following the BJP's victory in the Assembly polls, with the TMC alleging BJP involvement, which the BJP denies.
Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.
Foreign portfolio investors (FPIs) withdrew a substantial amount from Indian equities in the first half of March, driven by geopolitical tensions, rupee depreciation, and concerns about crude oil prices.
Diamond Harbour FC secured the Indian Football League (IFL) title in their debut season, drawing 1-1 with Dempo SC and earning promotion to the Indian Super League (ISL).
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
The Indian government has waived customs duty on critical petrochemical products until June 30 to ensure supply stability and provide relief to consumers amid disruptions caused by the crisis in West Asia.
S&P Global Ratings projects India's economy to grow at 6.3 per cent even if crude oil prices average USD 130 per barrel in the current fiscal year, highlighting the nation's resilience amidst the West Asia crisis and strong commitment to fiscal consolidation.
The Bharatiya Janata Party has surged past the halfway mark in the West Bengal assembly elections, leading in 185 seats against the Trinamool Congress's 91, signalling a potential political shift in the state. Early trends suggest a geographically split mandate, with the BJP gaining in border, tribal, and industrial regions, while the TMC holds ground in parts of Kolkata and select rural strongholds.
The National Commission for Scheduled Castes (NCSC) has taken suo motu cognisance of a video clip allegedly showing West Bengal Chief Minister Mamata Banerjee using derogatory language against the SC community during an election rally.
The Election Commission has ordered a repoll in all 285 polling booths of the Falta assembly constituency in West Bengal's South 24 Parganas district on May 21, following reports of severe electoral offences and subversion of the democratic process during the second phase of the assembly elections.
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