Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
Teenager Vaibhav Sooryavanshi stole the limelight in his first full season of IPL with some dazzling performances for the Rajasthan Royals.
'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'
Chris Gayle praised Rajasthan Royals teenage sensation Vaibhav Sooryavanshi after the 15-year-old produced another breathtaking display in the IPL Eliminator against Sunrisers Hyderabad.
The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.
Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.
Prime Minister Narendra Modi held a virtual meeting with chief ministers to review preparedness and plans in light of the West Asia conflict, emphasising the importance of national unity and enhanced security measures.
The World Bank has affirmed India's strong position to withstand the current global energy shock, citing high foreign exchange reserves, fiscal space, and low inflation as key buffers supporting continued growth despite international headwinds.
Foreign investors have aggressively sold off Indian equities, withdrawing over 48,213 crore in the first 10 days of April, following a record 1.17 lakh crore outflow in March, driven by escalating geopolitical tensions in West Asia, rising crude oil prices, and global inflation concerns.
Union Minister J P Nadda criticised the Trinamool Congress (TMC) government in West Bengal, accusing it of disregarding democratic procedures, the judiciary, and the Election Commission of India. He alleged that the rule of law has been compromised in the state, particularly concerning the special intensive revision of electoral rolls.
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.
Most members of the Reserve Bank of India's Monetary Policy Committee (MPC) expressed concerns about inflation becoming generalised and highlighted uncertainties surrounding both inflation and growth prospects due to the West Asia conflict, according to the recently released minutes.
India has strongly protested to the United States after three merchant ships with Indian crew members were attacked by the American military off the coast of Oman, resulting in the deaths of three Indian nationals.
This is not just a historic series sweep for Ireland, but for world cricket itself. To beat India, which hasn't been beaten in 16 series over three years, is truly remarkable.
Prime Minister Narendra Modi convened the Cabinet Committee on Security to address the impact of the West Asia conflict on Indian citizens, focusing on safeguarding them from the conflict's effects and ensuring the smooth flow of essential supplies.
An Indian-flagged LPG vessel successfully transited the Strait of Hormuz, reducing the number of Indian ships stranded in the Persian Gulf. India is in talks with Iran to ensure safe passage for its tankers, and Indian refiners continue to purchase crude oil and LPG from Iran despite regional tensions.
The Ministry of External Affairs (MEA) reports that over 1,150 Indian nationals have been evacuated from Iran through land borders into Armenia and Azerbaijan since the start of the West Asia conflict. The MEA also confirmed that three Indians were injured in attacks in the UAE.
The US Department of Defence has restored the name of the US Indo-Pacific Command to the US Pacific Command, reversing an eight-year-old decision. This change honours the command's deep historical roots, established in 1947, while its vast area of responsibility, extending to India's western border, and its mission remain unchanged.
A Calcutta High Court judge, Gaurang Kant, disclosed that his elder brother is a national spokesperson for the BJP while hearing Mamata Banerjee's petition challenging the Bhabanipur assembly seat poll result. Despite the disclosure, Banerjee's lawyer expressed full confidence in the judge.
Former India captain Diana Edulji believes the Indian women's cricket team faces a significant challenge to qualify for the Women's T20 World Cup semifinals after their recent loss to South Africa. She highlighted the team's need to win their remaining matches against Bangladesh and Australia and discussed the team's T20 playing style.
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).
West Bengal Chief Minister Mamata Banerjee has accused the central government of pressuring the outgoing Governor C V Ananda Bose to resign and alleged that his replacement, R N Ravi, is a BJP cadre.
On Doctors' Day this week let's turn the spotlight onto doctors who decided to become leaders.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
The new NCERT Class 9 mathematics textbook, 'Ganita Manjari', integrates ancient Indian mathematical systems and historical context, marking a shift from previous editions by emphasising indigenous contributions and linking concepts to ancient texts and scholars.
The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.
Indian benchmark indices Sensex and Nifty climbed in early trade, driven by buying in blue-chip stocks like Reliance Industries and ICICI Bank, alongside a notable cooling in crude oil prices.
External Affairs Minister S Jaishankar discussed the West Asia conflict and its impact on energy supplies with his Russian counterpart Sergey Lavrov and EU's Foreign Policy chief Kaja Kallas.
Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.
Vaibhav Sooryavanshi, the 15-year-old batting sensation, reflects on his record-breaking IPL 2026 season, highlighting the importance of adapting to game situations, remaining calm under pressure, and focusing on fitness.
The Supreme Court questioned the West Bengal government regarding its objection to the maintainability of the Enforcement Directorate's plea concerning alleged obstruction by Chief Minister Mamata Banerjee during a raid, focusing on the fundamental rights of ED officers.
The monthly average rainfall over India is expected to be below normal during July, the India Meteorological Department said on Tuesday in its monthly forecast.
Amidst escalating tensions in West Asia, India voices strong concerns over the safety of its nationals and the potential disruption to energy supplies, urging dialogue and diplomacy for a swift resolution.
Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.
The boundary mess between India and Nepal needs a solution in a manner as mentioned by Nepal's Foreign Minister Shishir Khanal: 'On evidence not emotions', counsels Lieutenant General Shakti Gurung (retd).
Leading Fast-Moving Consumer Goods (FMCG) companies in India are expressing strong optimism for the current fiscal year, anticipating robust consumption trends, significant growth, and improved profit margins. This positive outlook is largely driven by resilient demand and the expected easing of elevated input costs, despite ongoing inflationary pressures and potential weather volatility.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a sharp decline in global equities and a fresh spike in crude oil prices, exacerbated by simmering tensions in West Asia and a global unwinding of the AI-led rally. Track how sensex, Nifty fared on June 8.
The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
Prime Minister Narendra Modi led thousands in a yoga session at Kolkata's Red Road to celebrate the 12th International Day of Yoga, actively participating and assisting attendees. Several dignitaries also joined the mass demonstration, continuing a tradition Modi has upheld since the event's UN adoption in 2015.
