Indian benchmark equity indices, Sensex and Nifty, snapped a three-day rally, tumbling nearly 1 per cent due to heavy selling in IT stocks, a jump in crude oil prices, foreign fund outflows, and fears of prolonged instability in West Asia.
Due to airspace restrictions resulting from the conflict in the Middle East, Indian domestic carriers have cancelled 278 international flights. Some airlines are operating limited services and special flights to assist stranded passengers.
The Federation of Indian Export Organisations (FIEO) has appealed to the Reserve Bank of India (RBI) for liquidity support to Indian exporters, citing a significant increase in freight costs and extended payment cycles due to the ongoing West Asia conflict.
Union Home Minister Amit Shah promised one lakh jobs for youths each year based on merit if the BJP won the West Bengal election, and also pledged to make the state free of infiltrators.
'With the ease and the calmness that he batted, it gave us a lot of confidence that now, probably, we are on the right track.'
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.
Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.
India's foreign exchange reserves increased by USD 2.362 billion to reach USD 703.308 billion for the week ending April 17, as reported by the Reserve Bank of India (RBI).
Trinamool Congress leader Abhishek Banerjee accuses the BJP of using central agencies to undermine Mamata Banerjee in the West Bengal elections, alleging a lack of public support for the saffron party.
Indian IT services companies are set to significantly increase their acquisition spending to $6.5-7 billion this year, up from $5 billion last year, as they seek to boost revenue and capabilities in areas like Cloud, data, enterprise platforms, and AI amidst a challenging economic environment.
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 Pakistan Cricket Board is preparing to take legal action against Zimbabwe fast bowler Blessing Muzarabani for breaching his Pakistan Super League contract with Islamabad United to sign with KKR in the IPL.
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.
Indian benchmark indices Sensex and Nifty experienced a decline due to renewed geopolitical concerns in the Strait of Hormuz, a strained US-Iran ceasefire, and the rupee hitting a record low against the US dollar.
The BJP has released its first list of candidates for the West Bengal assembly polls, featuring Suvendu Adhikari against Mamata Banerjee in a high-stakes electoral battle. The Left Front has also announced its initial list of candidates, setting the stage for a crucial election.
A look at the careers of Indian sportspersons who have transitioned into politics, highlighting their successes, failures, and party affiliations.
Batting great Sunil Gavaskar hailed Sanju Samson after his match-winning knock powered India to a five-wicket victory in the must-win match against West Indies in the T20 World Cup.
The Trinamool Congress has invited Prime Minister Narendra Modi to experience West Bengal's 'Maa Canteen' during his visit for election campaigning, offering a meal for Rs 5. The TMC also criticised Modi's remarks on infiltration, linking it to the Home Minister's responsibilities.
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.
Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.
India's fertiliser subsidy bill for the current financial year (FY27) is projected to increase by approximately 20% due to surging global prices, primarily driven by the West Asia crisis, a senior official confirmed. Despite this, retail prices for urea and di-ammonium phosphate (DAP) will remain unchanged, ensuring adequate supply for the kharif season.
'...appearing culturally coercive or administratively vindictive.' 'If it governs as a conquering force, resistance will build.'
'Shekhar Tonite will critique the government, but it will not hit out. The show will nudge and point out what can be done better to bring change.'
Former Indian cricketer Ravichandran Ashwin has criticised the idea of creating two separate T20I teams for Team India, advocating for 'A' team tours to provide players with more exposure instead.
External Affairs Minister S Jaishankar highlighted the unifying role of cricket between India and Jamaica, dedicating a digital scoreboard gifted by India to Sabina Park in Kingston.
Lucknow Super Giants coach Justin Langer defended the decision to send Nicholas Pooran to face Sunil Narine in the Super Over, citing Pooran's experience against Narine despite his recent form. Langer also praised Mohsin Khan's performance and potential for the Indian team.
The Supreme Court declined to initiate an inquiry into alleged voter roll irregularities in West Bengal, stating it would amount to a 'fishing inquiry'. The court's decision came after concerns were raised about the addition of a significant number of voters ahead of the state's Assembly elections.
Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
Kolkata's Brigade Parade Ground, a historic venue for political rallies and demonstrations, is set to host the swearing-in ceremony of Bengal's first BJP government, marking a significant shift in the state's political landscape. The ground has been a stage for political heavyweights and pivotal moments in Bengal's history.
A group of Indian sailors recount their harrowing experience of being detained in Iran on suspicion of smuggling, and their subsequent escape from the country as regional tensions escalated into open conflict.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
IRGC said vessels seeking to sail through the strategically critical Strait of Hormuz must obtain Iran's approval; otherwise, they could become targets of Iranian attacks.
The Ministry of External Affairs (MEA) has stated that India is closely monitoring developments in West Asia, addressing topics ranging from ceasefire efforts to maritime security and the safe return of Indian nationals. The MEA also addressed the UN Climate Change Conference and the delimitation bill.
Union Home Minister Amit Shah has pledged to resolve the long-standing Gorkha issue within six months if the BJP wins the West Bengal elections. He criticised previous governments for failing to address the aspirations of the Gorkha people and promised a solution acceptable to them.
India U17 Women's team face Lebanon in a must-win game in the AFC U17 Women's Asian Cup, with a chance to qualify for the knockout stage for the first time.
24 Indian-flagged vessels with 677 Indian seafarers were currently located west of the Strait of Hormuz, and four vessels with 101 Indian seafarers were stationed east of the strategic waterway.
West Bengal Chief Minister Mamata Banerjee has criticised the deployment of CRPF armoured vehicles during the Assembly elections, accusing the BJP-led Centre of using government resources to favour their party. She also addressed concerns of potato farmers and urged them to sell their produce in other states.
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.
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