Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
A downsizing in the prime minister's convoy was implemented in his recent domestic visits, official sources said.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
A Delhi court has granted the National Investigation Agency (NIA) 11-day custody of several foreign nationals accused of training Myanmar-based Ethnic Armed Groups (EAGs) known to support insurgent groups in India.
Former Mohun Bagan President Swapan Sadhan Bose, known as 'Tutu Babu', has died at the age of 79 after suffering a cardiac arrest. He played a significant role in shaping Mohun Bagan, serving in various capacities for over three decades and overseeing transformative decisions.
'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'
Delhi prisons are severely overcrowded, housing nearly double their authorised capacity, with undertrials making up the vast majority of the inmate population, according to the latest NCRB data.
A hand grenade was recovered from a car near Kurukshetra following the interrogation of an arrested gangster, revealing a planned extortion plot.
Indian security agencies have arrested seven foreign nationals, including a US security analyst and six Ukrainians, for allegedly entering India illegally from Myanmar and suspected of training insurgent groups. The arrests have raised concerns about security vulnerabilities along the India-Myanmar border and triggered diplomatic friction.
The mayor of Arcadia, California, Eileen Wang, has agreed to plead guilty for acting as an illegal agent of China, according to the US Department of Justice. Wang, along with her then-fiance, Yaoning 'Mike' Sun, were charged with promoting pro-China propaganda in the US at the behest of Chinese government officials.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
Foreign investors have withdrawn a record Rs 1.14 lakh crore from Indian equities in March, driven by geopolitical tensions, a weakening rupee, and concerns about crude oil prices.
Former Mohun Bagan president Swapan Sadhan Bose, known as 'Tutu Babu', has died at the age of 79 after suffering a cardiac arrest. He played a key role in shaping Mohun Bagan in the modern era, including the merger with ATK.
Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.
Indian equity benchmark indices, Sensex and Nifty, tumbled nearly 2 per cent for the fourth consecutive session, driven by elevated crude oil prices, escalating US-Iran tensions, unabated foreign fund outflows, and a depreciating rupee.
India is closely monitoring Sri Lanka's decision to offer foreign investors control of an airport near the China-controlled Hambantota port, as it could present a rare opening for Indian firms seeking strategic footholds in the Indian Ocean.
Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.
The Delhi government has announced a series of measures to conserve fuel, including work from home for government offices, increased use of public transport, and reduced fuel quotas for officers.
Indian stock markets are expected to remain highly sensitive to geopolitical developments, particularly the US-Iran situation, and crude oil prices this week, with analysts also highlighting the influence of the rupee-dollar trend, foreign investor activity, and upcoming inflation data.
Jharkhand Police seized narcotics and illicit foreign liquor worth over Rs 8.85 lakh and arrested 12 people across four districts in separate operations.
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.
An Indian worker was killed and three others injured in a drone attack in the Moscow region, the Indian embassy said. The incident occurred amid escalating hostilities between Russia and Ukraine.
Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.
Educationists and parents are raising concerns about the CBSE's implementation of the three-language policy for Class 9, questioning the timing and preparedness of schools.
Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.
Neeraj Chopra will head to the Olympic Training Centre in Switzerland from May 25, while shooter Manu Bhaker has jetted off to Italy after the Sports Ministry approved their foreign exposure proposals in view of this year's Commonwealth and Asian Games.
'At the first sign of real trouble, that money will move. There will be a run.'
Security agencies in India are investigating a potential conspiracy involving arrested foreigners, including a US mercenary, who allegedly aimed to exploit Indian ethnic groups to undermine national security. The investigation involves data extraction from mobile phones and scrutiny of social media accounts to uncover the full extent of the plot and identify all involved parties.
India has capped gold imports under the Advance Authorisation scheme at 100 kg, a day after significantly increasing import duties on precious metals. This move aims to tighten conditions for duty-free gold imports by jewellery exporters and curb non-essential imports amidst a ballooning import bill.
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'
NITI Aayog member Gobardhan Das asserted that India possessed a rich scientific tradition that suffered setbacks during centuries of foreign domination, with its repository of knowledge systematically destroyed by invaders.
Delhi Police have arrested Praveen Kumar, a key operative linked to a transnational arms trafficking and terror module. Kumar, an associate of gangster Rohit Chaudhary, is accused of being a 'receiver' for the module backed by Pakistan's ISI. The arrest brings the total number of accused in the case to 14.
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi's foreign policy and his remarks referencing the COVID-19 pandemic in relation to the West Asia situation.
Indian benchmark equity indices, Sensex and Nifty, closed marginally higher, breaking a four-day losing streak, despite elevated crude oil prices and ongoing geopolitical uncertainties. The market saw a temporary pause in panic selling, though cautious sentiment persists.
Pakistan has strongly condemned the drone attack on the Barakah Nuclear Energy Plant in the United Arab Emirates, emphasising the grave violation of international law and the potential for catastrophic consequences.
Delhi Police busted two workshops in Farash Khana involved in manufacturing and selling counterfeit industrial bearings under the trademarks of reputed brands, arresting two individuals and seizing a large quantity of fake bearings and equipment.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, driven by strong performance in banking shares and positive sentiment from Asian markets, alongside optimism surrounding the ongoing US-China Summit.
Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.
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