State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.
Despite geopolitical tensions and FII outflows, Indian small and midcap stocks have not only recovered losses but are also outperforming largecap indices, driven by attractive valuations, domestic institutional support, and a rebound in earnings.
Indian benchmark indices Sensex and Nifty surged in early trade, with the Sensex jumping nearly 700 points, primarily driven by strong buying in IT stocks following TCS's positive June-quarter results and optimistic demand outlook. Track Sensex, Nifty on July 10, 2026.
The Ministry of External Affairs (MEA) has stated that Prime Minister Narendra Modi and External Affairs Minister S Jaishankar are actively engaged with world leaders to promote dialogue and diplomacy for peace in West Asia, while also ensuring the safety and well-being of the Indian community in the region.
Sanju Samson reveals Virat Kohli's advice on fitness, discipline and lifestyle, while explaining why he quit cricket's 'rat race' before becoming India's T20 World Cup Player of the Tournament.
This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.
Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.
Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.
Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.
Iranian Foreign Minister Seyed Abbas Araghchi spoke with Indian counterpart S Jaishankar to discuss the West Asia crisis, following discussions with Russian President Vladimir Putin.
Prime Minister Narendra Modi criticised the ruling TMC in West Bengal, alleging corruption and appeasement politics, while promoting the BJP's development agenda ahead of the assembly elections.
The Calcutta High Court has ordered the immediate arrest of Delhi Capitals wicketkeeper-batter Abishek Porel in connection with a rape case and instructed police to seize his electronic devices to safeguard the complainant's privacy during the investigation.
Former India opener and coach Wasim Jaffer believes KL Rahul has the talent and technical ability to match Virat Kohli but said Kohli's elite mindset and consistency are what set him apart.
Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
The Meghalaya High Court has ruled that moral objections from church elders and locals cannot be a valid ground to deny the operation of a legally licensed liquor outlet. The court directed authorities to permit a shop owner to operate her IMFL retail outlet, noting she fulfilled all statutory requirements and that the objections were based on moral rather than legal grounds. The ruling also highlighted that a legal outlet could help curb illegal liquor sales.
Indian stock markets are set to be influenced by developments in US-Iran negotiations, crude oil prices, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
Indian equity benchmark indices Sensex and Nifty rallied in early trade, driven by reports of a second round of talks between the US and Iran, which are fostering hopes for a resolution to the West Asia conflict, coupled with Brent crude oil prices trading below the USD 100 per barrel mark.
Indian benchmark indices Sensex and Nifty experienced volatility due to conflicting developments in West Asia, including reports of the Strait of Hormuz closure, which led to a rebound in crude oil prices and heightened investor concerns about supply disruptions and inflation.
Subedar Hokato Sema lost his leg in a mine blast on the Line of Control. Today he is a champion para shot-putter and among the most decorated para soldier-athletes.
RajKummar Rao is set to portray Sourav Ganguly in the upcoming biopic Dada: The Sourav Ganguly Story, with the first look poster dramatically recreating Ganguly's iconic shirtless celebration at Lord's after India's historic 2002 NatWest Trophy victory.
Prime Minister Narendra Modi will hold a video conference with chief ministers of most states to assess their preparedness and strategies in response to the ongoing conflict in West Asia.
Virender Sehwag paid a heartfelt tribute to former India captain Sourav Ganguly on his 54th birthday on Wednesday, recalling the famous shirt-waving celebration at Lord's that remains one of the most memorable moments in Indian cricket.
Matthew Hayden cautions young cricketers against blindly copying Vaibhav Sooryavanshi's fearless batting style, backs Shubman Gill's consistency, and raises concerns over the future of bilateral ODI cricket amid the franchise boom.
Ajinkya Rahane's retirement prompts a reflection on his remarkable career, marked by India's historic Gabba triumph, his quiet leadership, and a lingering question: was he an under-achiever or simply under-appreciated in the Indian cricketing ecosystem?
India created history on on June 25, 1983, when they won the ODI World Cup for the first time, stunning the mighty West Indies in a thrilling final at Lord's.
'I don't see fear becoming a dominant factor for retail investors.'
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
External Affairs Minister S Jaishankar will address the Lok Sabha on the situation in West Asia, as Parliament reconvenes for the Budget session amidst ongoing regional tensions.
The Supreme Court has strongly criticised the West Bengal government's handling of an incident in Malda district where judicial officers were allegedly attacked. The BJP has accused the TMC of orchestrating the event to obstruct the Special Intensive Revision (SIR) of electoral rolls and protect Rohingyas.
The ICC said the South African contingent had begun departing for home on Wednesday with "four players and five family members having boarded the flight".
Maharashtra Congress leader Naseem Khan met with the representative of Iran's Supreme Leader in India to express condolences for the deaths of Ayatollah Khamenei, soldiers, and civilians in the West Asia conflict.
Following a Memorandum of Understanding between the US and Iran to resolve the West Asia conflict, eleven India-bound vessels have successfully transited the Strait of Hormuz. This development signals a positive shift for maritime trade, with more Indian-flagged ships expected to pass through the crucial waterway soon.
Climate experts explain how El Nino and climate change are intricately linked, with El Nino delaying monsoon onset and climate change intensifying rainfall. This new reality is altering the Indian monsoon's behaviour, leading to short-duration, high-intensity rain spells, especially in western and northwestern regions.
India has lodged a 'strong protest' with Iran over recent strikes on commercial vessels in the Strait of Hormuz, which resulted in the death of one Indian sailor and injuries to several others, calling for an immediate cessation of hostilities and a return to diplomatic engagement.
The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.
Police in West Bengal have arrested 17 people, including an Indian Secular Front (ISF) candidate, in connection with the alleged confinement of judicial officials during a protest over voter list deletions in Malda district.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
US Secretary of War Pete Hegseth praised India's military modernisation efforts at the Shangri-La Dialogue in Singapore, highlighting its growing industrial and logistics capacity.
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.
