Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
Indian benchmark indices Sensex and Nifty closed higher, with the Sensex climbing 355.90 points, driven by positive state election results and better-than-expected Q4 earnings, despite ongoing geopolitical concerns.
India's foreign exchange reserves saw a significant drop of USD 7.794 billion, settling at USD 690.693 billion for the week ending May 1, as reported by the RBI, reflecting the impact of global events and central bank interventions.
India possesses two months of fuel stockpiles and faces no supply concerns despite global energy disruptions, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers are incurring losses of up to Rs 1 lakh crore in a single quarter due to elevated crude prices and unchanged retail fuel prices, raising questions about the sustainability of these losses.
Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.
West Indies captain Shai Hope took responsibility for his slow batting in their T20 World Cup match against India, which led to their elimination from the mega-event.
A Marshall Islands-flagged LPG carrier, MT Sarv Shakti, carrying Indian cargo, has safely crossed the Strait of Hormuz on Saturday and is expected to reach Visakhapatnam on May 13, according to official sources.
Aamir Khan's upcoming film, aims to shed light on the 1952-1953 India-Pakistan series, which occurred just five years after Partition and marked Pakistan's first official Test series.
Explore the resilient daily life in Tehran, where residents navigate geopolitical tensions and economic challenges with routine activities, showcasing a striking contrast between normalcy and underlying uncertainty.
The Election Commission has directed the police to take strict action regarding an objectionable social media post allegedly targeting West Bengal Chief Minister Mamata Banerjee.
Olympian Anish Bhanwala won gold in the men's 25m rapid fire pistol event at the 24th Kumar Surendra Singh Memorial Shooting Championship. Suraj Sharma won silver and Vijayveer Sidhu took bronze.
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.
'...appearing culturally coercive or administratively vindictive.' 'If it governs as a conquering force, resistance will build.'
'This is a major rupture in Tamil Nadu's political order.' 'For the Dravidian parties, the message is clear: The old DMK-AIADMK binary is no longer guaranteed a future.'
Haryana Chief Minister Nayab Singh Saini celebrated the BJP's victory in the recent civic body elections, attributing the win to public confidence in the party's development-focused governance and rejection of the Congress' negative politics.
Amul and Mother Dairy, India's largest dairy product retailers, have increased milk prices by Rs 2 per litre, marking the second such hike in 13 months. This move is expected to intensify inflationary pressures, already fuelled by global conflicts, and will impact household budgets across the country.
West Indies' commanding victory over Zimbabwe in the T20 World Cup has significantly increased the pressure on India to win their remaining matches by a substantial margin to secure a spot in the semifinals.
The first phase of the West Bengal assembly elections saw a record voter turnout of 91.78 per cent, the highest since Independence, according to the Chief Election Commissioner. Polling took place in 16 districts with women voters outnumbering men. The Election Commission attributed the high turnout to voter-friendly measures.
The government has dismissed speculation of an imminent increase in petrol and diesel prices, assuring citizens that there are no plans for a hike despite rising crude oil costs.
Aviation fuel prices for domestic airlines remain unchanged, providing stability for local carriers, while commercial LPG and 5-kg cylinders see a significant rate hike due to rising international energy costs.
The BJP has criticised West Bengal Chief Minister Mamata Banerjee, calling her a 'symbol of anarchy' after the Supreme Court questioned her actions during an ED search. The party claims her 'jungle raj' will end with the TMC's defeat in the upcoming assembly polls.
Uttar Pradesh Chief Minister Yogi Adityanath announced that the state has secured investment proposals worth approximately Rs 50 trillion over the past nine years, attributing this economic revival to the enforcement of the rule of law and strategic policy changes. He affirmed UP's trajectory towards becoming a $1 trillion economy by 2029-30.
A TMC MP was allegedly attacked and a CISF jawan was shot in separate incidents of violence in southern West Bengal, ahead of the second phase of elections. The incidents have sparked political accusations and investigations.
West Bengal is on edge as it awaits the results of its recent election, with the TMC and BJP vying for control. The counting process will be conducted under tight security, with the Election Commission implementing stringent measures to ensure a fair and transparent process.
Clashes erupted between locals and security personnel in West Bengal's Birbhum district after allegations of EVM malfunctioning triggered tension during the first phase of the state assembly elections.
The West Indies and South Africa, both undefeated, will battle in a Super 8 match of the T20 World Cup. The West Indies' powerful batting will be tested by South Africa's balanced bowling attack. The result could significantly impact India's chances of reaching the semi-finals.
Aam Aadmi Party (AAP) MP Sanjay Singh has alleged that a party councillor and a worker were assaulted in west Delhi and has demanded police action. The BJP has denied involvement, claiming AAP workers created a ruckus and one was injured in a fall.
Indian oil marketing companies are incurring significant losses, selling petrol at a Rs 14 per litre loss and diesel at Rs 18 per litre, as elevated global crude oil prices, exacerbated by the West Asia crisis, outpace capped retail fuel rates, according to rating agency Icra.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
Union minister Dharmendra Pradhan has launched a sharp attack on West Bengal Chief Minister Mamata Banerjee, alleging that the state has descended into chaos, appeasement and corruption under the TMC's rule.
Shimron Hetmyer's explosive innings of 85 runs powered West Indies to a commanding 107-run victory over Zimbabwe in the T20 World Cup Super 8s match.
Indian benchmark equity indices experienced a significant downturn, with the Sensex plummeting over 800 points and the Nifty falling sharply, driven by rising crude oil prices, geopolitical tensions, and foreign capital outflows.
Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.
The Karnataka State Cricket Association (KSCA) has expressed its disappointment after the BCCI shifted the IPL 2026 final from Bengaluru to Ahmedabad, despite Bengaluru being the defending champions' home ground. The BCCI cited unspecified requirements from local authorities as the reason for the change.
Indian investors have seen their wealth erode by a staggering Rs 48.29 lakh crore since the West Asia war began on February 28, leading to a significant downturn in the BSE Sensex and NSE Nifty, driven by geopolitical tensions and rising crude oil prices.
Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.
Trinamool Congress leader Abhishek Banerjee accuses the BJP of using central agencies to undermine Mamata Banerjee in the West Bengal elections, alleging a lack of public support for the saffron party.
The INDIA bloc faces challenges after recent state election defeats for key members like TMC and DMK, potentially shifting internal dynamics and leadership considerations.
'If the Opposition associates itself too much with the minorities, then it becomes easy for the BJP to get Hindu consolidation votes.'
Kolkata's Brigade Parade Ground, a historic venue for political rallies and demonstrations, is set to host the swearing-in ceremony of Bengal's first BJP government, marking a significant shift in the state's political landscape. The ground has been a stage for political heavyweights and pivotal moments in Bengal's history.
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