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.
The US's recent 50 per cent tariff on Indian exports will have a trickledown effect on India's affordable housing, potentially derailing demand as well as supply in this segment, according to experts. Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing, would take a hit in the near terms due to the tariff change, further crippling India's affordable housing sector, already reeling from the impact of the Covid-19 pandemic.
Two mobile software technicians have been arrested in Delhi for allegedly receiving stolen mobile phones and unlocking them using sophisticated software tools for resale in the grey market. Police recovered 45 smartphones and equipment, linking some to theft cases across Delhi, Haryana, and Uttar Pradesh.
Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.
Customs officials at Delhi's Indira Gandhi International (IGI) Airport intercepted a passenger from Bangkok and seized 4.045 kg of suspected hydroponic weed, valued at Rs 1.42 crore. The passenger has been booked under the NDPS Act, and further investigation is ongoing to determine the source and recipients.
India's domestic pharmaceutical market recorded its highest value growth in five quarters during Q4 FY26, driven primarily by pricing and an early indication of volume recovery, with a significant structural shift towards chronic and sub-chronic therapies.
Two individuals from West Bengal were apprehended by the Railway Protection Force in Jharkhand's Sahibganj district, found in possession of 174 stolen smartphones valued at nearly Rs 59 lakh. The arrests were made on the Vananchal Express, with the accused suspected of attempting to smuggle the devices for illegal sale in Bangladesh and Nepal.
India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.
Do not exit in panic or buy falling stocks without reassessing fundamentals; instead, build a watchlist and invest gradually with a disciplined, long-term approach.
Security forces in Manipur seized over 15 kg of opium from a vehicle whose driver was impersonating an Army officer in Senapati district. In a separate incident, police in Churachandpur district arrested a man and confiscated over 3 kg of brown sugar, highlighting ongoing efforts to combat drug trafficking in the region.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
Customs officials at Delhi's IGI Airport have seized 15.38 kg of hydroponic weed, valued at Rs 5.38 crore, which was concealed inside two geysers carried by passengers arriving from Kuala Lumpur. Two individuals have been arrested, and investigations are ongoing to uncover the wider drug-smuggling network.
The Indian rupee rebounded 50 paise from its all-time closing low to settle at 96.36 against the US dollar, driven by retreating crude oil prices, signs of easing geopolitical friction, and likely central bank intervention.
Customs officials at Delhi's IGI Airport seized approximately 48 crore worth of hydroponic weed from two Thai nationals arriving from Bangkok, marking one of the largest narcotics recoveries at an Indian international airport in recent years.
Gold prices in the national capital surged by Rs 600 to Rs 1.65 lakh per 10 grams, extending gains for the third consecutive day, while silver rebounded by Rs 5,000 to Rs 2.71 lakh per kilogram, driven by geopolitical tensions and inflation concerns.
A jeweller was shot and robbed of ornaments worth Rs 40 lakh from his store in Bihar's Gaya district, police said. The incident has sparked protests in the area.
Jharkhand State Minority Commission Chairman Hedayatullah Khan has voiced serious concerns over a surge in crimes against minority community members across the state, including the recent discovery of two minor siblings' bodies in Hazaribag and the disappearance of a three-year-old girl in Jamshedpur. Khan criticised the administration's handling of these cases, citing police negligence in registering an FIR for the missing girl, and demanded impartial investigations and accountability from senior police officials.
Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.
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.
Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.
State-run Bharat Petroleum Corporation Ltd (BPCL) plans a significant capital expenditure of 25,000 crore for the financial year 2026-27, primarily for ongoing expansion projects. The company also stated that the recent 4-per-litre price hike in petrol and diesel has provided some financial relief amidst volatile crude oil prices and mounting losses.
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.
Sri Lanka A finally found a way to get over the line against India A following a Super Over in an emotionally charged tri-series game in Dambulla on Monday.
Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.
Delhi Police have dismantled an illegal LPG cylinder hoarding and black marketing operation in Bawana, arresting one individual and seizing 75 cylinders.
India's leading two-wheeler manufacturers experienced significant growth in May, propelled by strong domestic demand for premium motorcycles and scooters, channel inventory replenishment, and a recovery in export markets.
Indian stock markets experienced a significant rally following the announcement of a US-Iran ceasefire, coupled with a drop in crude oil prices. The Sensex and Nifty both closed nearly 4 per cent higher, mirroring gains in global markets.
ICICI Bank is seeking recoveries of at least 100 crore from fintech firms, alleging merchant misclassification of their business, a practice that has eroded the bank's interchange income. The dispute, lodged with global card network Visa, highlights growing discomfort among banks and intensified scrutiny from the Reserve Bank of India.
India's two-wheeler market is on the cusp of a significant transformation, with electric scooters projected to surpass motorcycles in volume terms within the next decade, driven by urbanisation, increased female workforce participation, and the accelerating shift towards electrification, according to an Equirus Securities report.
Punjab Police, in a joint operation with Jammu and Kashmir Police, have arrested two shooters allegedly involved in the murder of a Ferozepur shopkeeper. The accused, identified as Vishnu Kumar and Rahul Mahawar, were apprehended in J&K following an extensive investigation and an operation named 'Hill Trap'. Police also recovered a pistol and are now probing the larger conspiracy behind the killing.
Delhi Police have apprehended three alleged sharpshooters, including a juvenile, linked to the Himanshu Bhau gang. They were caught with illegal pistols and cartridges while reportedly en route to execute a targeted attack in Bawana, outer north Delhi. The arrests foiled a conspiracy orchestrated by an associate of jailed gangster Himanshu Bhau.
Indian stock markets recovered from early losses to close higher, driven by value buying in IT and banking shares and a rebound in the rupee.
India has significantly reduced Aviation Turbine Fuel (ATF) prices for international airlines by 27% due to easing global fuel benchmarks, while simultaneously increasing commercial LPG and 5-kg cylinder prices to record highs.
Customs officials at Delhi's IGI Airport seized suspected hydroponic weed worth approximately Rs 48 crore from two Thai nationals arriving from Bangkok.
Indian benchmark indices Sensex and Nifty rebounded sharply on Monday, driven by a correction in crude oil prices due to ceasefire efforts in West Asia and strong buying in bank stocks.
Mumbai police have dismantled a mephedrone (MD) manufacturing network, seizing raw materials and chemicals worth Rs 4 lakh, capable of producing MD valued at Rs 100 crore. The operation prevented the flooding of the market with synthetic drugs, leading to multiple arrests and the seizure of significant quantities of MD and related equipment.
Disciplined investors who ignore short-term fear build significant long-term wealth, notes Ramalingam Kalirajan
Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.
Delhi Police have arrested three individuals involved in a mobile phone snatching and disposal racket, primarily targeting iPhone users. The operation led to the recovery of 66 stolen mobile phones and exposed a network involved in selling stolen devices in grey markets.
The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.
