The Mumbai Metro will introduce driverless trains on Line 4, supplied by Alstom and manufactured at their Sri City facility. Larsen & Toubro will provide an advanced signalling system for real-time monitoring and improved safety. The 32.32 km elevated corridor will connect Wadala and Kasarvadavali with 30 stations, enhancing operational efficiency and modernizing the city's transit network.
Congress criticized PM Modi for raising fuel prices after elections, calling it 'vasooli' or extortion. Other opposition leaders also slammed the government for ignoring public hardship and mishandling international relations. The Centre defended the hike as a reflection of global crude trends, not a supply crisis.
Tata Motors PV shares surged over 8% after reporting its Q4 numbers, which were slightly above estimates. The company’s JLR volume trajectory will be a key factor to watch in FY27. While Nuvama and JM Financial expect double-digit growth, Motilal Oswal flags margin risk. Nuvama raised the price target to Rs 470, JM Financial upgraded the stock to ‘Buy’ with a target of Rs 415.
Ministry of Railways approves new weekly train services from Telangana to Andhra Pradesh, Karnataka, Maharashtra, and Gujarat. This will address issues of limited train options and inconvenient travel planning. Passengers will benefit from improved connectivity to key destinations, including Tirupati, Okha, Bengaluru, and Belagavi.
Kerala Board Class 10th students can check their Kerala SSLC Result 2026 today at 3:00 PM on the official websites. The exams were conducted in March and the results will include overall pass percentage, district-wise performance data, and other statistics. Students must have their registration number and date of birth to access the provisional marks memo.
The Metropolitan Museum of Art has merged with the Ronald S. Lauder Neue Galerie New York, adding over 613 artworks to its collection, including Gustav Klimt's "The Dancer." The $1.5 billion deal, brokered with billionaire art collector Ronald Lauder, will preserve the legacy of the Neue Galerie and aid in the Met's expansion plans.
"Jaafar Jackson's biopic, 'Michael', has become a blockbuster hit worldwide, overshadowing 'The Devil Wears Prada'. The film's success has earned critical praise and is expected to reclaim the top spot in the US. With a record-breaking collection of over Rs 5800 crore, the film is also dominating the Indian box office, chronicling the rise of the Jackson Five to Michael Jackson's iconic fame."
Indian Railways has approved a major redevelopment project for Amritsar Junction Railway Station, with a budget of Rs 402 crore. An additional Rs 100 crore has been sanctioned for new platforms. The project aims to provide world-class facilities to passengers and give the holy city of Amritsar a modern identity. The redevelopment is part of the Amrit Bharat Station Scheme.
The NSE IPO, led by top private equity firms, is set to launch soon with soaring unlisted share prices and significant growth in Q4FY26. Rothschild & Co will act as an independent advisor for the IPO, which will offer a small percentage of shares for sale, with minimal involvement from retail shareholders. The company is estimated to be worth $2.75 billion.
Uttarakhand government releases guidelines for energy conservation, fuel savings, and sustainable development. Measures include regulating AC temperature, controlling unnecessary electricity usage, promoting public transport and EVs, and encouraging video conferencing. Focus on local tourism and economy through campaigns and single-window clearance for destination weddings.
A 22-year-old Indian national has pleaded guilty in the United States for his role in a 'human smuggling' operation that illegally brought migrants from Canada into the US through the northern border.
PM Modi's visit to the UAE aims to strengthen energy security through talks on long-term supply agreements, strategic storage, and safer shipping routes. The UAE is a trusted energy supplier for India, and the visit may lead to new deals on LPG supplies and strategic reserves.
The recent hike in petrol and diesel prices has put major oil marketing companies like Hindustan Petroleum, Bharat Petroleum, and Indian Oil Corporation under scrutiny. Investors are closely monitoring the impact on company earnings and the energy sector, including refinery and energy-related stocks like Reliance Industries and Oil India.
The Kerala Pareeksha Bhavan is set to announce the Kerala SSLC (Class 10) Result 2026 today. More than four lakh students took the exam, and results can be accessed through official websites using registration number and date of birth. Re-evaluation and supplementary exams will be announced later, and students can also check their marks on the Saphalam mobile app.
The US Justice Department has accused the Yale School of Medicine of unfairly favouring Black and Hispanic students during its admissions process, saying the school discriminated against White and Asian applicants.
Oil marketing companies have increased petrol and diesel prices by Rs 3 per litre due to global energy price surge and currency fluctuations. In Delhi, petrol now costs Rs 97.77 per litre and diesel costs Rs 99.67 per litre.
The co-founder and largest stakeholder of Zoho Corporation lives quietly in Chennai, manages the company’s email product, and has spent nearly three decades successfully avoiding the spotlight. The numbers have finally made that impossible.
Government caps gold imports under export scheme to prevent misuse and curb forex outflow. Physical inspection of manufacturing facilities will be mandatory for first-time applicants, and regular performance reports and consolidated reports will be submitted for oversight and compliance. Recent duty hikes on gold, silver, and platinum aim to reduce imports and conserve foreign exchange.
The Indian government's fiscal deficit for FY27 is likely to go beyond the projected target due to measures taken to support citizens, farmers, and businesses during the West Asia conflict. However, the government's strong fiscal position makes the slippage manageable. The deficit, initially estimated at 4.3% of GDP, may need to be adjusted due to increased subsidies and revenue loss.
Insurance commission growth highlights high-cost nature of industry, still reliant on expensive distribution. Chairman of Irdai notes concerns about front-loaded acquisition costs, weak profitability, and reliance on cross-border reinsurance. Life insurance dominates market, but rising surrenders and complaints pose risks.
The Indian government has banned sugar exports until the end of September to maintain stable domestic prices and address concerns about lower sugar inventory levels and production in the upcoming 2026-27 season. The move was welcomed by industry experts and associations, but there are concerns about fulfilling existing export contracts.
Heatwaves in India are causing a double whammy for farmers, with scorching temperatures and lower crop yields. Plants are also experiencing heat stress, leading to reduced grain formation and lower quality. These heatwaves are on the rise due to global warming and human activities, with high humidity making it feel even hotter.
TOPS, launched in 2014 and revamped in 2018, has aided India in winning 225+ medals in Commonwealth Games, Olympics, and Asian Games. It identifies and supports elite medal prospects by providing financial and logistical assistance for training in world-class facilities abroad. The scheme has played a crucial role in the success of India's athletes at major events.
India's wholesale price inflation hit a 42-month peak of 8.3% in April, driven by costly crude oil and natural gas, food and fuel, and a weak base. This could result in higher retail prices down the line. The Consumer Price Index also saw a slight rise to 3.48% in April, with predictions of a continued uptick.
Two LPG tankers for Indian Oil Corporation safely crossed the Strait of Hormuz, but an Indian-flagged cargo vessel sank after a suspected attack. This highlights the risks to commercial shipping and energy flows in the conflict-hit corridor. Despite this, 13 India-linked vessels have crossed since March.
IndiGo, India's largest airline, has decreased domestic capacity in major metro airports and increased international operations, with a focus on Gulf and West Asian destinations. This is a common trend among airlines during the low domestic travel season, but IndiGo's reductions this year are more significant than usual. Overall, the airline's domestic network is expected to be impacted.
The Income Tax Department has introduced a new strategy to manage tax appeals more efficiently in 2026-27. This includes prioritizing high-value disputes and resolving the backlog of legacy cases. The department has already disposed of a significant number of appeals and plans to further reduce pending cases by setting targets and increasing accountability.
Global fuel markets are experiencing a demand crisis due to disruptions in the Strait of Hormuz, resulting in a decline in refinery runs and fuel demand. S&P Global Energy forecasts a significant decrease in the second quarter and warns that the market is at a critical point, requiring a decrease in demand to balance supply.
In 2026, FIFA is breaking tradition by hosting a global concert event during the World Cup final. The show, curated by Coldplay's Chris Martin and featuring Shakira, Madonna, and BTS, aims to attract non-sports fans and maximize ad rates. The event is also raising funds for education and football globally. This move solidifies the World Cup as the biggest sporting event in the world.
The Strait of Hormuz is facing a major shipping bottleneck, with 360 vessels stranded and only 40 able to be evacuated per day. This could have a significant impact on global oil, gas, and commodity trade, as the strait is a crucial energy transit route. Despite evacuation efforts, clearing the backlog may take weeks due to logistical challenges.
The Securities and Exchange Board of India (Sebi) has proposed major changes in regulations for exchange-traded derivatives to simplify requirements, reduce compliance burden, and promote ease of business. The proposals include removing close-to-money option series and reducing mandatory meetings for non-agricultural commodities.
Top American business leaders, including CEOs from Tesla, Apple, and Boeing, join President Trump on a state visit to China. They meet with President Xi Jinping to discuss US-China trade and technology battle. The visit highlights the intertwined economies and the potential for strategic gains and investment commitments. Discussions also focus on a possible tariff truce and rare earth supplies.
India's aquaculture exports to the EU have been approved to continue, after complying with regulations to ensure antibiotic-free products. This is a significant development as the EU is a major market for Indian seafood exports, with recent growth. India is now included in the list of third countries authorized to export animal and animal products to the 27-member bloc.
The uncertainty surrounding Hardik Pandya's future with Mumbai Indians has sparked speculation and confusion among fans. This is reminiscent of when he returned to MI after a successful stint with Gujarat Titans. A recent social media incident, where he unfollowed MI on Instagram, has further fueled the speculation. His trade to MI in 2023 caused a leadership crisis.
The Tamil Nadu government has taken stricter measures to control alcohol availability and underage drinking. This includes shutting down 717 liquor outlets near religious places, schools, and bus stands. The legal drinking age remains 21 and stricter verification methods will be implemented. Discussions are ongoing to change operating hours to 8 pm.
Australian cricket captain Pat Cummins shuts down journalist's report about players considering leaving Big Bash League for higher pay in rival leagues. Cummins clarifies there is no movement among senior players to abandon home summer and no $800,000 offer to skip upcoming Test series against Bangladesh. He prioritizes international schedule over lucrative T20 leagues.
The Election Commission of India has launched Phase 3 of the Special Intensive Revision of electoral rolls, covering 16 states and three Union Territories. Over 36 crore voters will undergo a door-to-door verification process, with the involvement of political parties and election officials. The EC has emphasized transparency and urged parties to appoint Booth Level Agents.
Delhi's new elevated corridor between Ashram Chowk and Sarai Khwaja will significantly reduce travel time from an hour to just 10-15 minutes, improving daily commuting and easing traffic at the Badarpur Border. The project aims to enhance connectivity within Delhi-NCR, resulting in less stress, faster travel, and improved traffic flow in the region.
VD Satheesan, a six-time MLA and senior leader of the Indian National Congress, has been chosen as the next chief minister of Kerala. His selection was a result of discussions with the party's central leadership and alliance partners, highlighting his strong connect with his constituency and aggressive political style as key factors.
Cipla's share price rose 7.9% despite a weak quarterly performance, with most brokerage houses giving a positive recommendation. JM Financial upgraded the stock to 'Buy' with a target price of Rs 1,546, while Nomura maintained its 'Buy' rating with a target price of Rs 1,510. Motilal Oswal retained its 'Neutral' call with a target price of Rs 1,380.
Odisha to get new express train between Puri and Koraput, improving rail connectivity across important districts. Tri-weekly service expected to benefit tourists, pilgrims, students, and daily passengers. Train will pass through major stations like Puri, Bhubaneswar, Sambalpur, and Koraput, reducing the need for multiple train changes.
The Tamil Nadu government has imposed a 21-year-old age limit for buying and consuming alcohol to curb underage drinking. Liquor vendors must check IDs for suspicious cases. 717 TASMAC outlets will close, including 276 near temples, 186 near schools, and 255 near bus stations.
The US Department of Homeland Security has issued a fresh warning about strict penalties for people entering the country without permission or ignoring deportation orders. The message comes as the Trump administration continues to tighten border enforcement and push a tougher immigration approach.
Indian Railways to build new railway line from Balaramapuram to Vizhinjam International Seaport in South Kerala, aiming to enhance goods transportation and ease traffic congestion. Bids invited, project to be completed in 36 months. This development will promote trade and boost the economy of the region.
Indian sugar sector stocks plummeted as the government banned exports until September 30. Dwarikesh Sugar Industries and other major companies saw significant drops, while Bannari Amman Sugars bucked the trend and traded higher. The ban was implemented to address domestic supply concerns and shift from "restricted" to "prohibited" exports.
The Tripura government has implemented a 50% work-from-home policy for employees to decrease fuel consumption and government spending. The policy encourages employees to live near their workplace and be available for urgent tasks. It will remain in effect until further notice and has been extended to various organizations.
The Indian government's 15% import duty on gold has sparked concerns about demand, pricing, and profitability in the jewellery sector. However, Nomura remains optimistic about Titan Company, predicting a 21% increase in stock value. While the hike may lead to inventory gains, it may not result in direct profits for jewellery companies. The impact will vary among different segments.
Zoho founder Sridhar Vembu explains why Udhayanidhi Stalin's attacks on "sanathanam" have not caused outrage among Tamil Nadu's Hindus. He attributes this to a linguistic nuance where "sanathanam" is unfamiliar to locals, unlike more common terms tied to Hinduism.
As fears grow over rising oil prices and tensions around the Strait of Hormuz, Russian Foreign Minister Sergey Lavrov has tried to reassure India that Moscow will continue protecting New Delhi’s energy interests no matter how intense Western pressure becomes.
IndiGo issues travel advisory due to adverse weather conditions at Delhi airport, with thunderstorms and gusty winds predicted by India Meteorological Department on May 13 and 14. Light rain and thunderstorms expected on May 14, with temperatures at 38-40 degrees Celsius. IndiGo assures minimal disruptions and urges passengers to stay updated.
Donald Trump’s pick to lead the US Federal Reserve, Kevin Warsh, has officially been confirmed by the US Senate after a closely fought vote that reflected the deep political divide in Washington.