Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.
Moody's Ratings has reduced India's GDP growth forecast for 2026 to 6 per cent, citing subdued private consumption, capital formation, and industrial activity due to higher energy costs and global uncertainties.
On April 7, hundreds of activists gathered outside the White House in Washington, DC, to oppose American military involvement in Iran.
Prime Minister Narendra Modi asserted India's unwavering stance against terrorism on the first anniversary of the Pahalgam terror attack, vowing that the country will never bow to terror and that the designs of terrorists will never succeed.
Iranian authorities have announced the arrest of 35 individuals on charges ranging from espionage to illegal trafficking, including alleged Mossad-linked suspects and affiliates of separatist organisations.
Indian defence stocks have seen an average year-on-year gain of 67 per cent, driven by renewed interest following 'Operation Sindoor' and a broader increase in global geopolitical tensions, with the combined market capitalisation of 18 firms increasing by approximately 2.3 trillion.
Media reports based on intelligence sources say nearly half of Iran's missile launchers remain intact, while thousands of one-way attack drones are still part of its arsenal even after continuous strikes targeting military infrastructure over the past five weeks.
At least 15 security officials were killed and several were injured in a suicide attack and ambush at a police post in Pakistan's Khyber Pakhtunkhwa province.
Pakistani security forces killed a suspected militant driving an explosive-laden vehicle towards a check post in Khyber Pakhtunkhwa province, resulting in an explosion that injured seven civilians.
Tensions escalate as Iranian forces attack a container ship in the Strait of Hormuz after Trump announced the ceasefire extension.
Ebrahim Azizi, head of Iran's National Security Committee, stated that diplomatic talks with the US are governed by national interest and security, viewing negotiations as an extension of military efforts.
US President Donald Trump on Thursday said that he has directed the country's Navy to take decisive action against any vessels attempting to lay mines in the strategically vital Strait of Hormuz amid escalating tension over the virtual control of the waterway between Tehran and Washington.
India has extended the ban on Pakistan planes from using its airspace until May 24, continuing a measure in place since April 2025 following the Pahalgam terror attack.
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.
Residents across the Gulf region, including the UAE, Bahrain, and Qatar, experienced fear and disruption following attacks, leading to flight suspensions and heightened security measures.
Tensions escalate between Iran and the US following an attack on an Iranian commercial vessel in the Sea of Oman, with both sides trading accusations over maritime security and ceasefire violations.
As India marks the first anniversary of Operation Sindoor, its decisive military action against the terror hotbeds in Pakistan, the ministry of external affairs sharply rebuked Islamabad's policy of terrorism.
Union ministers paid tribute to the victims of the Pahalgam terror attack on its first anniversary, reaffirming India's commitment to combating terrorism with a firm and zero-tolerance policy.
Iran has announced the reinstatement of strict military control over the Strait of Hormuz, citing US violations of previous agreements regarding maritime passage. This decision follows claims of continued American blockade of Iranian ports and a statement from former US President Trump regarding the persistence of the naval blockade until a comprehensive peace agreement is reached.
Iran's claim comes after United States President Donald Trump confirmed that the military rescued the second F-15 crew member, who had gone missing after Iran downed the jet amid the West Asia conflict.
Lapid said the Israeli military carried out everything that was asked of it, but Netanyahu failed politically and strategically.
The European Union (EU) expressed solidarity with the people of India in commemoration of the first anniversary of the terrorist attack in Pahalgam, which claimed the lives of 26 people on April 22 last year.
A Middle East expert claims that President Trump's approach to Iran is endangering US interests in the Gulf region, with support for the Iranian regime growing amid US-Israel tensions.
Congress leader Rahul Gandhi paid tribute to the victims of the Pahalgam terrorist attack on its first anniversary, asserting India's unity against terrorism and its resolve to stand against forces of hatred and fear.
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
Israeli Prime Minister Benjamin Netanyahu on Thursday called for the opening of direct negotiations with Lebanon, as tensions persist along the border despite a two-week ceasefire aimed at halting hostilities in West Asia.
The United States' historical strategic alignment with Pakistan, dating back to the Cold War, has consistently aimed to create a political and military parity with India, despite India's significantly larger size and resources. This long-standing relationship continues to influence regional dynamics, particularly in West Asia and the Indo-Pacific.
Trump added that the United States would assist in managing the traffic buildup in the Strait of Hormuz.
Described by Mahindra as a vehicle with "no excess" and "no ornamentation," this machine is a stark departure from the polished SUVs found on Indian roads. Instead, it is a high-capability tool engineered for the most punishing environments on Earth.
A 34-year-old man has been arrested in Ranchi for allegedly defrauding people of Rs 70 lakh by promising them jobs in the Indian Army. The arrest was made based on intelligence provided by the Lucknow Military Intelligence.
The government is planning a postal logistics infrastructure upgrade for India Post to modernise parcel facilities, aligning them with those in developed nations, according to Communications Minister Jyotiraditya Scindia.
In a significant diplomatic manoeuvre aimed at de-escalating regional tensions, Iran has reportedly submitted a "new proposal" to the United States through Pakistani intermediaries.
The fragile ceasefire in West Asia between the US and Iran to halt the hostilities in the region for two weeks faces renewed uncertainty as Tehran reportedly moved to block the strategic Strait of Hormuz once again due to Israel's intensified offensive against Hezbollah in Lebanon, according to Iranian state media Islamic Republic News Agency (IRNA), which US President Trump says was "not included" as part of the ceasefire deal.
The investigation into the Patiala freight corridor blast has led to the seizure of a large cache of munitions and explosives and the uncovering of a deep-rooted terror conspiracy involving Pakistan-backed ISI and pro-Khalistan terrorists, Punjab police said.
US President Donald Trump on Wednesday backed Israel's ongoing military operation in Lebanon, stating that Hezbollah "was not included" in the recent ceasefire deal between Washington and Tehran, which halted the conflict in West Asia for two weeks.
Trump emphasised that diplomatic discussions remain ongoing. At the same time, he issued a stark warning, saying that failure to reach an agreement could trigger military action.
US President Donald Trump has asserted that the destruction of an American military aircraft will have no bearing on diplomatic discussions with Iran, according to a report by NBC News.
The Congress party has criticised the Modi government on the first anniversary of the Pahalgam terror attack, stating that Pakistan has gained global respectability due to the failure of Prime Minister Narendra Modi's foreign policy.
The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.
The US Central Command (CENTCOM) announced the start of operations to clear mines in the Strait of Hormuz, a claim swiftly denied by Iran, leading to increased tensions in the region amidst stalled negotiations between the two countries.
