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.
As heavy rains continued to pound Mumbai on Sunday, an 18-year-old motorcyclist and a senior citizen lost their lives in tree-collapse incidents, pushing the death toll from such tragedies in the city to three in less than a week.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.
India's two-Test series against hosts Sri Lanka will be played in Galle and Colombo from August 15 to 27.
The Brihanmumbai Municipal Corporation (BMC) has formed a two-member committee to investigate the fatal tree collapse on a school bus in Chembur, which killed a student and injured four others. An assistant garden superintendent has been suspended for alleged negligence, and the committee is tasked with recommending preventive measures.
The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.
Former India captain Sourav Ganguly expressed surprise at India's recent white-ball slump, which saw them suffer a crushing 125-run defeat against England and a 0-2 series loss to Ireland, but backed the team to recover, while also commenting on his upcoming biopic 'Dada'.
Defending champions West Bengal began strongly in the Senior National Rugby Sevens Championship, securing decisive victories. Haryana also impressed, while Maharashtra recorded a massive win. The tournament progresses to the knockout stage.
England all-rounder Ben Stokes has announced his retirement from international cricket, ending a career defined by match-winning brilliance, iconic Ashes moments, World Cup glory, and a transformative impact on English cricket across all formats.
Matthew Hayden cautions young cricketers against blindly copying Vaibhav Sooryavanshi's fearless batting style, backs Shubman Gill's consistency, and raises concerns over the future of bilateral ODI cricket amid the franchise boom.
At 31, it would be too early and unwise to phase out a special talent like Sanju Samson, who despite the odd blip appears to be enjoying the best phase of his India career.
West Bengal Chief Minister Mamata Banerjee refuted Prime Minister Narendra Modi's claims that the state lags in fish production, asserting significant increases during her tenure.
India's domestic passenger vehicle sales experienced a robust 24.6 per cent year-on-year increase in June, propelled by favourable government policies like income tax relief and repo rate cuts, alongside resilient rural demand, even as global crude oil prices pose potential cost pressures.
The International Cricket Council, UNICEF UK, and England and Wales Cricket Board are collaborating to host a special matchday takeover at Lord's during the Women's T20 World Cup 2026. The event, featuring England vs West Indies, aims to raise 100,000 for UNICEF's global children's projects and will include actor Nabhaan Rizwan and former pacer Isa Guha.
Kolkata Police's Special Task Force seized a cache of arms and ammunition near Rajabazar Science College and detained a man days before the two-phase polling in West Bengal.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
The commission, however, has not specified how many among these new entrants are first-time voters who have just turned 18, nor has it given a detailed gender break up of these voters.
This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.
The Supreme Court has directed an appellate tribunal to expeditiously decide an appeal filed by a 75-year-old advocate challenging the deletion of his name from the West Bengal voters' list following a Special Intensive Revision exercise. The court noted the petitioner appeared to be a bona fide resident and requested a decision within two months.
The West Bengal government plans to introduce two new bills in the Assembly to address public disorder, vandalism, and attacks on police and public servants. One bill will amend the existing Public Order Act, 1972, while the other, titled the Public Safety Control and Anti-Social Activity Bill, will comprehensively strengthen public safety measures. These legislative changes aim to curb incidents of violence and allow for compensation recovery from offenders.
'The Rs 30,954 crore inflows recorded in May 2026 reflects around 16 per cent year-on-year rise.'
The World Cup has seen a shift to a more lenient refereeing style, prioritising game flow and reducing stoppages. This, combined with stronger, faster players, has led to a quicker, more physically demanding tournament with higher scoring. While welcomed, experts warn that this intensity tests players' physical limits, increasing injury risks, especially for those not fully fit.
A Metropolitan Police investigation into a "sophisticated" west London organised crime network dealing in heroin and crack cocaine has resulted in three Indian-origin men being sentenced to a total of over 22 years.
Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.
If your All India Rank (AIR) is in the three digits, you could get a seat at one of the prestigious AIIMS colleges and pay tuition fees of just under Rs 10,000 for the entire course. At the other end of the spectrum, if your AIR is in the lakhs, you could end up shelling out a crore at a private or deemed institution.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
One person died, and more than 20 others were injured after a major fire broke out in a naphtha-carrying pipeline of Haldia Petrochemicals Ltd (HPL) in West Bengal's Purba Medinipur district in the early hours of Tuesday, the police said.
Defending champions New Zealand were knocked out of the ICC Women's T20 World Cup 2026 as England triumphed by nine wickets at the Oval in London on Sunday.
'Travellers are considering safer and more stable destinations.'
West Ham United secured a crucial 4-0 victory over Wolverhampton Wanderers in a Premier League match, moving them out of the relegation zone. Konstantinos Mavropanos and Valentin Castellanos each scored twice in the dominant performance.
The Indian team, which looked invincible under Suryakumar Yadav, has suddenly hit rock bottom a few months after winning the T20 World Cup.
It is an unusual choice to depute a retired general for the funeral of a revered religious figure but a thoughtful one in an attempt to inject verve into the bilateral relationship and restore the equilibrium in India's West Asian policies, notes Ambassador M K Bhadrakumar.
The government will lift restrictions on the sale of petrol and diesel to commercial and industrial consumers from July 1, easing emergency measures imposed to manage fuel supplies.
Akasa Air, despite facing headwinds from the West Asia conflict and rising aviation turbine fuel prices, expects to maintain a 30-40 per cent growth trajectory over the next five years and aims for an initial public offering (IPO) within two to four years, according to CFO Ankur Goel.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
The Enforcement Directorate conducted fresh searches against former West Bengal education minister Partha Chatterjee and others as part of a money laundering investigation into an alleged teachers recruitment scam.
Prime Minister Narendra Modi criticised the ruling TMC in West Bengal, alleging corruption and appeasement politics, while promoting the BJP's development agenda ahead of the assembly elections.
US President Donald Trump on Monday claimed that Iran had requested a meeting with the US after the recent military escalation between the two sides over the Strait of Hormuz and announced that talks with Tehran would take place in Doha, Qatar, on Tuesday, despite Iranian officials stating that no technical meetings have been scheduled this week.
Hours after US President Donald Trump on Wednesday said that the ceasefire deal with Iran was "over", the US President indicated that Washington could launch another round of strikes against the Islamic Republic, following strikes on Tuesday, saying it had already hit Tehran "very hard" and warning of further attacks.
