Accenture's revised annual revenue growth forecast and weaker-than-expected fourth-quarter guidance have sent shockwaves through the Indian IT sector, causing major IT stocks and the Nifty IT index to tumble significantly.
US Vice President JD Vance on Friday dismissed reports suggesting that Iran would receive financial incentives merely for signing the peace deal between Washington and Tehran aimed at ending the hostilities in West Asia, calling such claims "fake information".
India's dual pursuit of a robust strategic partnership with Washington and a pragmatic, tension-management policy with Beijing represents the essence of modern multi-alignment. By embracing economic pragmatism, learning to compartmentalize political differences, and engaging in continuous dialogue, India can secure its borders, grow its economy, and contribute to a stable, multipolar Asian century, points out Ambassador Rajasekhar.
'The MPC is likely to prioritise the key mandate, which is inflation, while relying on other instruments to stabilise the currency and bond markets.'
India's foreign policy establishment is adjusting with alacrity in real time -- an extraordinary spectacle in itself, considering the manifest reluctance to indulge in public diplomacy critical of American moves, observes Ambassador M K Bhadrakumar.
India's market regulator, Sebi, has approved the re-introduction of open-market share buybacks through stock exchanges, effective August 1, 2026, alongside easing debt listing norms for RBI-regulated entities and simplifying rules for mutual funds and alternative investment funds.
The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.
Indian table tennis star Manika Batra has threatened legal action against the Table Tennis Federation of India (TTFI) if she is not provided a 'factual explanation' for her omission from the Asian Games squad.
External Affairs Minister S Jaishankar has strongly defended India's decision to purchase Russian crude oil, stating that the country's energy choices are based on cost and availability, and highlighting the West's 'hypocrisy' in criticising India while historically supplying weapons used against it.
Supreme Court Justice Prashant Kumar Mishra has recused himself from hearing Bollywood actor Jacqueline Fernandez's plea against a Delhi court order framing charges in a Rs 200-crore money laundering case, citing a conflict of interest.
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.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
The BSE Sensex and the Nifty 50 declined around 4.5 per cent each since the start of the West Asia conflict.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
Chinese President Xi Jinping warned that the Taiwan issue could lead to clashes and even conflicts between China and the United States if not handled properly. He emphasised the importance of safeguarding peace and stability across the Taiwan Strait for stable relations.
A new report suggests China's maritime vulnerability lies in the Strait of Hormuz, not Malacca, creating strategic competition in the Indian Ocean.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
Odisha's opposition BJD has requested Union Education Minister Dharmendra Pradhan to clarify his family's connection with the Vikas Foundation Trust, which is alleged to have purchased properties in the US. BJP leaders have dismissed the allegations as a smear campaign.
As Cocktail 2 approaches, we take a look at Director Homi Adajania's slim but fascinating filmography.
The US has reportedly depleted nearly half of its advanced missile-defence interceptors while defending Israel during recent hostilities with Iran, raising concerns about future readiness.
Despite reporting a weaker-than-expected net loss of Rs 2,536 crore for Q4FY26, largely due to a significant non-cash forex loss, analysts remain optimistic about IndiGo's long-term prospects, citing strong demand trends, a favourable pricing outlook, and strategic cost-control measures.
Gen NS Raja Subramani has taken over as India's new Chief of Defence Staff, succeeding Gen Anil Chauhan. His primary focus will be on implementing the military theaterisation plan and enhancing tri-services synergy.
Indian benchmark indices Sensex and Nifty closed marginally lower due to profit-taking, following the Reserve Bank of India's decision to keep the repo rate unchanged while lowering its growth expectations for the current fiscal year and forecasting higher inflation.
The White House has not announced any decision following US President Donald Trump's meeting with his national security team regarding Iran, despite Trump's earlier indication that the discussion would lead to a 'final determination' on the matter.
Blast mixes engaging family drama with massy martial arts mayhem to deliver a thoroughly entertaining action ride.
A readout by the US said the agreement marked a milestone in the strategic partnership between the two nations to ensure that the foundational elements required for advanced technology and energy are available within trusted networks.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
"There is a sharp jump that we have seen in bookings of EVs... The jump, at least in our case, in just two months, it is about 2 to 2.5 times of what it used to be"
'I've asked them so many times that after going through gruelling shoot sessions for 30-40 years, what keeps your passion alive? I think it's the discipline to show up.'
Prime Minister Modi has urged citizens to adopt measures like judicious fuel use, postponing gold purchases, and deferring foreign travel to strengthen India's economy in the face of the West Asia conflict's adverse impact.
'To suddenly give the impression of taking a position that is hostile to Iran, or, at least, not friendly to Iran, is not a good thing.'
Himachal Pradesh DGP Ashok Tiwari has recommended a detailed examination and action against the SDM of Solan for alleged misuse of official position, conflict of interest, and possible involvement in benami transactions related to land deals.
US Secretary of State Marco Rubio met with Pakistan's Foreign Minister Ishaq Dar amid American demand that countries mediating the peace talks with Iran join the Abraham Accords and establish diplomatic and economic ties with Israel.
