Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.
Punjab Chief Minister Bhagwant Mann announced the state government will introduce a stringent anti-drug law allowing for the confiscation of drug smugglers' properties. Mann criticised previous administrations for allegedly enabling the drug trade and vowed stricter penalties for sacrilege. He also accused the BJP of divisive politics and criticised the Akali Dal for alleged political manipulation of religious institutions.
Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.
'This is not the end of your preparation. It is an unexpected extension of the race,' say experts.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
The Supreme Court Bar Association has expressed deep concern over an Andhra Pradesh High Court judge reportedly sending a young advocate to judicial custody for a procedural lapse, urging the Chief Justice of India to take cognisance of the incident.
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.
The Supreme Court of India has permitted euthanasia for rabid, incurably ill, or demonstrably dangerous stray dogs to mitigate the threat to human life. The ruling includes several directives to manage the rising stray dog population, emphasising public safety and animal welfare.
'You sat for the exam. You experienced the environment -- the pressure, the time constraints, the pattern of questions, where you were strong, where you struggled. That experience is invaluable. No amount of coaching can replicate that.'
The West Bengal cabinet has decided to discontinue assistance-oriented schemes based on religious categorisation for Imams, muezzins and purohits from June. The cabinet also approved the 'Annapurna' scheme of Rs 3,000 monthly support to women from June 1, and granted in-principle consent for their free travel in state-run buses.
All four men detained in connection with the alleged molestation and assault of two women outside a hotel in southeast Delhi's Nehru Place have now been formally arrested, police said on Tuesday.
The National Medical Commission is emphasising the importance of preparing doctors and healthcare systems for the responsible and effective use of artificial intelligence, highlighting the need for ethical and equitable AI adoption in healthcare.
The West Bengal government has directed all state-run and aided schools to mandatorily include the singing of Vande Mataram during morning assemblies with immediate effect.
St Stephen's College is set to embrace artificial intelligence (AI) under its newly-appointed principal, Susan Elias, the first woman to hold the position in the college's 145-year history. Elias aims to equip students with AI and quantum computing skills, introducing certification courses for students and alumni.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
The CBI has filed a chargesheet against Shubhkamna Buildtech Pvt Ltd and its directors, its sixth in the Supreme Court-directed probe into the builder-banker nexus case, officials said Friday.
OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.
Union Education Minister Dharmendra Pradhan has criticised West Bengal Chief Minister Mamata Banerjee for allegedly refusing to accept the electoral mandate, claiming democracy is being 'held at gunpoint' in the state.
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.
West Bengal Chief Minister Suvendu Adhikari has declared a zero-tolerance policy towards vandalism and attacks on police personnel following violent protests in Kolkata. He warned of strict legal action and promised full government support for law enforcement.
Following Prime Minister Modi's appeal, Delhi ministers are adopting measures like using public transport, electric vehicles, and virtual meetings to reduce fuel consumption and cut expenditure.
Lucknow University has launched an inquiry and police have detained an assistant professor following allegations of misconduct involving a female student, including claims of inappropriate conversations and offers to leak examination papers.
The Delhi High Court has directed city authorities to develop a strategy for implementing the Supreme Court's directives on open correctional institutions, focusing on identifying prisoners suitable for transfer.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
Market maven Andrew Holland on why India missed the AI wave, why FIIs are leaving, why he personally invests in cryptocurrencies and why he's still betting big on the country.
Kanwal Rekhi is a peaceful techie who ardently believes in competitive market economics and democracy, despite the trauma his family suffered during Partition and his narrow escape from violent mobs in 1984.
'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'
The Supreme Court has stated that roads cannot be blocked for religious activities and that while religious denominations have autonomy in worship, the government can interfere if secular activities are affected.
Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
The fee cuts come amid an outcry over CBSE's first full-scale rollout of the Online Scoring Mechanism for Class 12 examinations, with students, parents, and some teachers alleging unusually low marks, unchecked answers, and discrepancies between expected and awarded scores.
A team of scientists has identified a 'potentially dangerous' proglacial lake at 16,500 feet in Arunachal Pradesh's Mago Chu basin, a critical headwaters region of the Brahmaputra, warning of a possible Glacial Lake Outburst Flood (GLOF) due to rapid glacier transformation.
The Indian rupee plummeted to a new all-time closing low of 95.81 against the US dollar, driven by surging crude oil prices, persistent inflation concerns, and a strengthening dollar index.
The suicide of a NEET aspirant in Uttar Pradesh, allegedly due to the cancellation of the medical entrance exam, has triggered strong reactions from opposition leaders who are demanding accountability and compensation for the family.
Public sector banks in India are increasing their IT spending to bolster cybersecurity measures in response to concerns about Anthropic's Claude Mythos AI tool and its potential to exploit vulnerabilities in financial systems.
Pune Police have arrested three recovery agents of a private financial institution for allegedly beating up a man in full public view over his credit card dues.
The Centre has extended the tenure of CBI chief Praveen Sood by one year, marking his second extension in office. The decision follows a meeting of the selection committee headed by Prime Minister Narendra Modi.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
A second-year engineering student at the Indian Institute of Information Technology Nagpur allegedly committed suicide by jumping from his hostel terrace. Police are investigating the incident and have registered a case of accidental death.
The Ministry of Education has dismissed concerns about On-Screen Marking (OSM) affecting students' scores in CBSE class 12 exams and announced a reduction in revaluation and answer sheet verification charges to ease student anxiety.
