Indian benchmark indices Sensex and Nifty closed lower, snapping a two-day rally, as a spike in crude oil prices, triggered by reports of fresh US military operations in southern Iran, dampened investor sentiment and reignited fears of renewed energy supply disruptions.
India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.
Delhi has seen a significant increase in fire-related fatalities this year, with 45 deaths reported between January and May 27, according to Delhi Fire Services data. The summer months have seen a sharp rise in fire emergencies, with garbage and rubbish fires accounting for a significant share of incidents.
The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.
A Shiv Sena worker was murdered in Nanded, marking the fifth such incident in the city in three days, raising concerns about escalating violence.
'As re-industrialisation gathers pace across regions like Asia, Europe and the US, a wide range of products and inputs will see demand.'
IndiGo airline will face near-term pressure on profitability from rising fuel prices following the escalation of conflict in West Asia, though it is likely to pass on higher costs to passengers over time because its ticket booking cycle is relatively short, according to a report by Moody's Ratings.
NCP (SP) MLA Rohit Pawar has alleged a link between a godman and the fatal plane crash involving his uncle, Ajit Pawar, and has demanded a CID interrogation.
The Maharashtra FDA seized 5,929 kg of toxic methanol from a warehouse in Thane district, suspected to be the source of the chemical used in spurious liquor that caused 14 deaths in Pune and Pimpri-Chinchwad.
American Zachary Svajda's impressive run at the French Open continues, fuelled by a viral TikTok post and a stunning victory over Francisco Cerundolo. With top seeds falling, Svajda eyes a deep run and an end to the American men's Grand Slam drought.
Maharashtra FDA seizes 5,929 kg of toxic methanol from a warehouse in Thane district, allegedly linked to spurious liquor that caused 14 deaths in Pune and Pimpri-Chinchwad.
Indian cement manufacturers, despite a stable Q4FY26, are bracing for significant profitability pressures from Q1FY27 onwards due to escalating input costs, primarily driven by the West Asia conflict's impact on coal and petcoke prices.
The Commission for Air Quality Management (CAQM) has directed state governments and agencies to implement stricter enforcement mechanisms to address the sudden spike in stubble burning incidents in Punjab and Haryana.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.
England pace bowling coach Steffan Jones reveals the training methods and tweaks to Nitish Kumar Reddy's action that led to a significant increase in his bowling speed and accuracy, making him a potential asset for the Indian cricket team.
Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.
Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.
Ola Electric is experiencing a significant rebound in the June quarter, with vehicle registrations in Q1 FY27 already exceeding the total registrations for Q4 FY26, indicating a strong recovery in demand.
'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.'
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
Fans are travelling from across cities just to be in the stadium on days Rajasthan Royals play -- on the off-chance they get to watch him bat. Television numbers spike the moment he walks out to the crease. And there's a pattern that have quietly started to notice: The moment Sooryavanshi is dismissed, a significant chunk of viewers switch off.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
Pakistan's Punjab government has approved a plan to restore the names of several streets and roads in Lahore, aiming to revive the city's pre-Partition heritage, an official said on Monday.
As temperatures soar, booking queries have surged by double digits -- going up to 125 per cent -- for destinations like Kashmir, Shillong, Gangtok, Munnar, Leh, Rishikesh, Guwahati, Imphal, Kodaikanal and the Andamans.
Ayushmann Khurrana's Pati Patni Aur Woh Do has secured a fair opening weekend at the box office, while Sanjay Dutt's Aakhri Sawal faced a challenging start.
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.
Gurindervir Singh's record-breaking 10.09-second run in the 100m at the Federation Cup National Championships has ignited hopes for Indian athletes to finally break the coveted sub-10-second barrier. Experts believe that with the right training, equipment, and opportunities, an Indian sprinter could achieve this milestone in the near future.
Sensex gains over 400 points while Nifty trades above 23,800 amid strong IT sector buying.
Fitch Ratings has warned that India's oil marketing companies (OMCs) could face significant credit pressure if crude oil prices remain elevated, leading to eroded earnings and increased working capital needs due to delayed fuel price pass-through.
Fire-related emergencies in Delhi surged by 73% in April compared to March, with 32 deaths reported in fire accidents between January and April, according to official data from the Delhi Fire Services.
Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.
The Indian government has refuted claims of an impending Rs 25-28 per litre hike in petrol and diesel prices post-assembly elections, stating no such proposal is under consideration by the Ministry of Petroleum and Natural Gas.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.
Odisha Chief Minister Mohan Charan Majhi has directed civil and police authorities to collaborate in curbing organised crime, instilling fear among criminals, and restoring public confidence. This follows a review of the law and order situation in the wake of recent crimes, including a mob-lynching and a murder in Mayurbhanj district.
India's wholesale price inflation surged to 3.88 per cent in March, marking the fifth consecutive monthly increase, primarily driven by a sharp rise in crude petroleum, natural gas, and manufactured items amidst the West Asia crisis.
On World Hypertension Day, Dr Anup Taksande, clinical director-cardiology and cardiac interventions at KIMS Hospitals, Thane, explains why you must think twice before reaching out for that pack of chips, sugar-free cereals or instant noodles.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
Markets face risk of a prolonged bear phase as oil shocks and geopolitical tensions test inflation, growth and investor confidence globally, points out Debashis Basu.
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