The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
In response to Prime Minister Narendra Modi's call for austerity, political leaders are reducing convoys and promoting public transport to conserve fuel.
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.
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.
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.
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.
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.
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
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.
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.
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.
India is closely monitoring the situation in West Asia and working to ensure the safety of its citizens stranded in the region. Over 52,000 Indians have returned home following the partial opening of airspace.
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.
Amid rising tensions, Iran reportedly launched ballistic missiles toward a US-UK military base, prompting concerns about regional stability and the potential for escalating conflict in the Middle East.
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.
Two expatriate workers were killed after debris from a downed drone fell in an industrial area in the Sohar province of Oman.
India's merchandise exports experienced a slight decrease in February, while imports surged due to increased gold and silver purchases, leading to a widened trade deficit. The West Asia crisis is expected to further impact trade in the coming months.
Prime Minister Narendra Modi will visit the UAE, the Netherlands, Sweden, Norway and Italy to deepen India's bilateral ties amid geopolitical changes.
After winning a record five titles during an impressive eight-year period spell from 2013 to 2020. MI's winning run has hit a major roadblock -- going without a title in the last five years.
The TMC has lodged a complaint with the Election Commission against Assam Chief Minister Himanta Biswa Sarma, alleging that he made polarising and criminally intimidating statements during election campaigning in West Bengal.
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.
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.
Union Home Minister Amit Shah promised to resolve the decades-old Gorkha issue within six months if the BJP comes to power in West Bengal, addressing a rally in Kurseong, Darjeeling district.
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.
'...appearing culturally coercive or administratively vindictive.' 'If it governs as a conquering force, resistance will build.'
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.
A married man has been arrested in Gurugram for allegedly raping a woman he met through a dating app after falsely claiming he was unmarried and promising to marry her.
Haryana emerged victorious in the 13th Senior National Rugby Sevens Championship, defeating Maharashtra in a closely contested final. West Bengal secured the bronze medal, while Rajasthan's Rajan Rawat was the tournament's top scorer.
Union Home Minister Amit Shah addressed poll rallies in West Bengal, promising jobs for youths and an 'infiltrator-free' state if the BJP wins the assembly elections. He also pledged to restore industrial glory, end syndicate raj, and ensure women's safety.
Indian benchmark indices Sensex and Nifty experienced a significant tumble in early trade, driven by surging global oil prices, continuous outflows by Foreign Institutional Investors (FIIs), and persistent geopolitical uncertainties, particularly in West Asia.
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.
A new report indicates a rise in 'red alert' constituencies in the West Bengal Assembly elections, with a significant number of candidates facing criminal charges.
Mirabai Chanu will miss the Asian Championships due to a shoulder injury sustained during the National Championships. Komal Kohar is expected to replace her in the Indian team.
Dozens of Indian-flagged ships and over a thousand seafarers are stranded in the Persian Gulf, Gulf of Oman, and surrounding areas due to the closure of the Strait of Hormuz amidst ongoing military actions involving the US, Israel, and Iran.
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.
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.
'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.'
The government is identifying households with both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections to enforce a ban on dual ownership, aiming to curb misuse and better target subsidies amid global energy supply disruptions.
'FPIs are unlikely to return unless there is equilibrium between valuation premium and earnings growth.'
