The United States has issued a special license that allows certain Russian oil shipments to be sold to India, Bloomberg reported. The step comes at a time when tensions in the Persian Gulf are rising and threatening supplies from one of the world’s most important oil-producing regions, the Strait of Hormuz
The FII Index Future portfolio had a steady amount of longs above 20% during the week, but the Nifty index rise did not result in a significant increase. Short positions were closed, and risk appetite has improved with SMIDs gaining momentum. The Nifty FMCG Index has rebounded and is testing the lower boundary of the Ichimoku cloud.
KKR's 4-wicket win against Rajasthan Royals has given them hope, but they still have a tough road ahead. With only 3 points out of 7 matches, they must win all 7 remaining games to reach the playoffs. They also need other teams to win against middle-ranked teams and must improve their net run rate. Their home ground, Eden Gardens, will be crucial in their quest for the playoffs.
PBKS set a record-breaking target of 254/7 at the Maharaja Yadavindra Singh International Cricket Stadium in Mullanpur, thanks to a destructive 184-run partnership between openers Priyansh Arya (93 off 37 balls) and Cooper Connolly (87 off 46 balls). This surpassed the previous season-high of 250/3 set by RCB.
The Director of IIT Bombay has expressed concerns about the coaching culture that prioritizes exam success over critical thinking skills. With the JEE shifting towards conceptual understanding, traditional coaching may become outdated. Infinity Learn's CEO proposes AI-based personalized learning to bridge this gap.
Pravaha, Bihar's first multidisciplinary university, aims to bridge the gap between the state's intellectual legacy and modern infrastructure. It will offer a one-year post-graduate program integrating tech, AI, data, business, design, and entrepreneurship. The campus construction has begun, and the first cohort of 50 fellows is expected to start in August 2027.
China's unconventional approach of awarding PhD degrees without traditional dissertation requirements has sparked debate. While it may lead to immediate market success, it could also harm scientific exploration and foster a "patent or perish" mentality.
KKR finally ended their losing streak with a victory at Eden Gardens, thanks to Anukul Roy's composure and tactical aggression in the death overs. While Rinku Singh will be remembered as the face of the victory, it was Roy's six off Jofra Archer that broke RR's momentum and allowed Singh to finish the game with a flurry of boundaries.
In fiscal year 2025-26, India's trade deficit rose by $48.7 billion, with $21.19 billion due to higher gold and silver prices. This was influenced by investors and central banks turning to precious metals amidst Trump's tariffs. Despite the expensive costs, silver imports rose by 149.48% and gold imports by 24.08%. However, measures may need to be taken to address this issue.
A fake letter from Chennai Super Kings CEO claiming a complaint was filed against Sunrisers Hyderabad fans for using "black magic" has been circulating on social media. However, a thorough investigation proves it to be completely false, as the letter contains errors and does not follow BCCI protocol. SRH's victory over CSK was due to their superior performance, not any supernatural powers.
Amid disruptions in shipping routes and global carriers pulling back, India quickly rerouted trade to maintain essential exports to West Asia. The urgent demand for food and agricultural products in the region led to the creation of special facilities for cargo movement. While exports have been affected, measures such as using alternative ports and air cargo services have helped maintain trade.
The dispute between PSL and Blessing Muzarabani has worsened as his agent released a statement criticizing the league and Islamabad United for a "ghost contract" that led him to sign with Kolkata Knight Riders. The agent also called out the excessive ban and online abuse faced by the player, urging PSL to withdraw the ban and acknowledging their mistake.
Government diversifies sourcing of soil nutrients and LNG, boosting current stock levels and ensuring no supply constraints during kharif season. Imports from various countries and special arrangements for LNG procurement have been successful. Fertiliser demand projected to increase in upcoming season. Production dips overcome through spot market purchases and resolving phosphoric acid issue.
Lalit Modi, founder of IPL, gifts son Ruchir a Ferrari every year since he turned 21. Now 31, Ruchir owns 11 Ferraris worth over Rs 15 crore. Lalit's net worth is $570 million, mostly from stake in Modi Enterprises and UK real estate.
Minnesota Representative Ilhan Omar's office denies claims of her being a millionaire, citing a major accounting error in her financial disclosure report. The revised figures show her and her husband's assets to be worth much less than previously estimated, with businesses now valued at $0. Trump has accused Omar of fraud, but the amended filing and tax documents show no evidence of wrongdoing.
Jeff Bezos has called his Medina, Washington waterfront compound home for 30 years. The $10 million estate includes two homes and access to Lake Washington. In 2010, he bought the neighboring La Haye estate for $45 million and spent $28 million on renovations. Although he now resides in Miami, the compound remains a key part of Bezos' real estate holdings.
The world's most expensive urban centers, such as Hong Kong, Singapore, and New York City, have consistently high costs of living due to factors like expensive rent, strict urban planning, and limited housing supply. Despite this, they remain popular for their strong financial and professional presence, drawing in global talent and investment.
Indian-flagged tanker Desh Garima successfully crossed the Strait of Hormuz, while two other vessels faced a firing incident and had to turn back. India raised concerns with Iran and urged them to resume facilitating India-bound ships. LPG supply has been affected, but domestic households are prioritized. Gas supply and PNG expansion efforts continue, while refineries and ports remain stable.
Supreme Court issues pan-India guidelines to improve road safety, targeting national highways which cause 30% of fatalities. Ban on heavy vehicle parking and illegal stops, with enforcement through Advanced Traffic Management Systems.
During the KKR vs RR match, Dhruv Jurel's wicketkeeping skills were compared to MS Dhoni's as he executed a dismissal with lightning reflexes and spatial awareness. Jurel's blind reverse underarm flick to stump Cameron Green was similar to Dhoni's iconic "no-look" technique. The difficult stumping off a wide delivery has been hailed as a tactical mirror of Dhoni's keeping.
West Bengal CM Mamata Banerjee criticized PM Modi for deceiving the public about the women's reservation bill and accused the government of using it for their own political gain. She also condemned the bill's combination with delimitation, stating it as an attack on federal democracy.
DMK President MK Stalin launched the party's Chennai-specific manifesto, promising a "Chennai Super-6" agenda to transform the city into a global tech and cultural hub. The manifesto focuses on urban renewal, infrastructure, mobility, amenities, and jobs, with plans for upgraded facilities, improved safety, and humane stray dog management.
Congress MP Naveen Jindal defends Vedanta Chairman Anil Agarwal in FIR over deadly explosion at power plant, calls for fair investigation and equal scrutiny of private and public sector leaders. Explosion caused by maintenance and operational failures, 23 lives lost and 3 critical.
Aditya Anand, the main suspect in the Noida workers' protest, has been caught by Uttar Pradesh STF in Tamil Nadu. The NIT Jamshedpur graduate admitted to planning the violence. He was a wanted conspirator and was found through electronic surveillance.
The Union Cabinet has given the go-ahead for two railway projects in Uttar Pradesh and Andhra Pradesh, covering 601 km of new route length. These projects will ease congestion, enhance connectivity for passengers and freight, and are set to be finished by 2030-31. The total investment for both projects is approximately ₹24,815 crore.
Northern Railway has announced additional stoppages for two special trains at Vachaspati Nagar railway station in Bihar, effective from April 18, 2026. This move aims to improve rail connectivity for local commuters, reduce dependence on overcrowded junctions, and enhance convenience for daily passengers.
PM Modi slams TMC for betraying women by voting down the Women's Reservation Bill in Lok Sabha, positioning BJP as the party of honest governance and development. He addresses a massive rally in Bishnupur, highlighting the party's focus on women's empowerment and safety.
Indian Railways is modernising the outdated Somesar Railway Station in Rajasthan under the Amrit Bharat Station Scheme. The upgrades aim to improve passenger experience with better amenities, accessibility, and connectivity. The scheme also focuses on creating a cleaner, safer, and more visually appealing station. .
Two Indian-origin men, Sampath Rajidi and Sreedhar Mada, have admitted to committing H-1B visa fraud in California. They ran two visa companies and filed false petitions for non-existent jobs at the University of California, using Mada's position as Chief Information Officer to their advantage. They could face up to five years in prison and a $250,000 fine.
A shocking daylight robbery at a Bank of Maharashtra branch in Singrauli's Baidhan area has resulted in the theft of gold and cash worth over Rs 15 crore. Two suspects have been arrested, but the hunt for the remaining armed and masked men continues. The incident has raised concerns about border security and possible insider involvement.
Cognizant CEO Ravi Kumar S received a $19 million pay package in 2025, which was 18% higher than the previous year. However, his realised pay was $10.7 million, a 30% increase from 2024. The company's filing with the SEC explained the gap, citing future vesting of performance-based stock units.
Western Railway has announced special train services to manage the heavy passenger rush during the summer season. The trains will connect Gujarat with eastern parts of India and aim to provide extra travel options and reduce waiting lists in April 2026. These trains will consist of various coach types and will stop at major stations, benefiting passengers from smaller towns.
Rahul Gandhi accused BJP of using AIADMK as a puppet to gain control in Tamil Nadu and install a CM who would follow Modi and Shah's orders. He also claimed that Modi was "controlled" by Trump and that BJP and RSS were trying to infiltrate Tamil Nadu through AIADMK. Gandhi also linked the state's politics to national issues and criticized BJP for promoting division.
A United Airlines flight from Chicago to New York City was diverted to Pittsburgh due to a potential security concern. All 160 passengers and 6 crew members were safely evacuated and the FBI is investigating the reported threat. No injuries were reported and officials are still gathering more information.
A second anti-India graffiti has been found in New Zealand, causing concern among the Indian diaspora. The message, "Kill All Indians," was discovered in a public toilet, similar to a previous incident near a school. Authorities are treating it as a hate crime and the community is calling for action.
Sakib Hussain, a ₹30 Lakh recruit from Gopalganj, Bihar, has risen to become the "New Bumrah" in IPL 2026. While Bumrah is struggling, Sakib has shown his death bowling mastery by defending an impossible target against CSK, with a spell that had "Bumrah" written all over it. From a net bowler for CSK to their nightmare, Sakib's journey is a true "Rags to Riches" story.
Electric three-wheelers are on the rise in India, with over 60% of sales in FY26 being electric. This trend is set to continue, with two out of every three three-wheelers sold in FY27 expected to be electric. This shift is driven by the cost benefits and support of city policies, as well as the shift of major companies like Bajaj Auto and TVS Motor towards electric vehicles.
In a high-stakes match between CSK and SRH, all eyes were on Ayush Mhatre as he led the chase for CSK. However, a hamstring injury and a questionable tactical decision led to his downfall, sparking a debate on whether he should have retired out. This decision adds to a list of tactical head-scratchers for CSK this season, raising questions about their decision-making in crucial moments.
The Royal Enfield Flying Flea, the brand's first electric vehicle, has changed the signature sound and impressed riders in Bengaluru. The FF.C6 model's sleek design, advanced features, top-notch build quality, four standout design elements, and five riding modes offer a unique and thrilling experience.
David Miller, also known as the "Killer," faced criticism for his past failures in crucial moments. However, in a recent game against RCB, he redeemed himself with a stunning performance, leading his team to victory with a composed 22* off 10 balls. His teammate, Tristan Stubbs, praised Miller's legendary status and ability to overcome obstacles.
Mumbai, India's financial hub, is set to get a new cricket stadium, adding to its four existing venues. While the city's sporting infrastructure for other sports is lacking, the Indian Premier League (IPL) remains popular, with a major broadcast network buying the rights. However, football's World Cup may have limited coverage due to lack of interest from broadcasters and viewers in India.
The Southern Derby at Rajiv Gandhi International Stadium was a high-energy night with CSK struggling due to poor fielding despite a record-breaking performance from Abhishek Sharma. Captain Ruturaj Gaikwad's honest assessment of their fielding issues only added to the pressure. A crucial drop by Shivam Dube of Abhishek Sharma was not costly in terms of runs, but in terms of dent on reputation.
The US has extended a sanctions waiver on Russian oil sales until May 16, providing temporary relief to global buyers amid tight energy supplies. This move has significant implications for India, which imports 90% of its crude oil requirements and has been increasing purchases of Russian oil. The extension reflects the delicate balance between enforcing sanctions and stabilizing the market.
Indian Accent, a renowned culinary destination, has been consistently recognized as India's top restaurant and one of the world's greatest by Time Magazine. As it celebrates its 17th anniversary, founder Rohit Khattar reflects on its success and future plans. The restaurant's key factors for success include consistency, trust, and healthy competition.
DC's skipper Axar Patel's injury scare during a crucial partnership with Tristan Stubbs put the match in favor of RCB. However, a tactical masterstroke in disguise saw David Miller come in as a "finisher" and seal a 6-wicket win with his quick-fire 22 off 10 balls. The pressure on DC was relieved as Miller "murdered" RCB's death bowling, leaving the Chinnaswamy crowd silenced and DC climbing to 4
The luxury watch market in India is expanding quickly, with the secondary market for vintage and pre-owned watches becoming a key growth driver. The demand for pre-owned watches is fueled by affordability, availability of discontinued models, and sustainability.
A new viral video in India has raised concerns about the use of head-mounted cameras by factory workers to train AI systems. Sunil Jaglan, founder of 'Selfie with Daughter' campaign, has launched an AI initiative for girls' education. Toyota has introduced an AI-powered basketball robot, but the death of a man attached to a chatbot has sparked concerns about its impact on mental health.
Auqib Nabi, the star of Jammu & Kashmir's Ranji Trophy win, faced a difficult transition from domestic cricket to the high-pressure world of the IPL. His debut for Delhi Capitals was a disaster, highlighting the struggles of domestic stars to live up to their potential in the IPL. This is due to the shift from being the "Main Character" in domestic cricket.
Perched on Little Gibbs Road in Mumbai's Malabar Hill with unobstructed views of the Arabian Sea, Jatia House is more than a billionaire's residence — it is a nearly century-old landmark that Kumar Mangalam Birla acquired in a record-breaking Rs 425 crore auction, outbidding some of India's most prominent industrialists.
Logitech has launched its new mouse, the G PRO X2 SUPERSTRIKE, in India at a whopping price of Rs 23,995. The mouse offers faster click speed and reduced latency, along with customisable click system and haptic feedback. BenQ has also released a 2K gaming monitor with a 200Hz refresh rate and a USB-C port for power delivery.
Aditya Dhar's film Dhurandhar 2, starring Ranveer Singh, has earned over Rs 1,742 crore worldwide and is the first Indian film series to cross Rs 3,000 crore. However, as it enters its fifth week, its theatrical run is winding down with a decrease in screen space and show count. Despite this, the film's overall success is unprecedented.