The rupee recovered 34 paise against the dollar as RBI stepped in via state-run banks while bond yields eased after strong OMO auction demand calmed sentiment
National transporter Indian Railways was running special trains to handle increased traffic out of Jammu and Kashmir
BCAS initiates "stringent" protocols to ensure security for air cargo
Having fixed income, gold other than your equities, will be your defensive strategy that will make you navigate the next period, says Shankar Sharma founder of GQuant Investech.
Only four of the 17 sectoral indices compiled by the NSE ended with gains. The major losers were Nifty Financials, Nifty FMCG, and Nifty IT
India's leading medical college AIIMS, and Delhi's municipal bodies have cancelled all staff leaves to ensure emergency preparedness, with authorities focusing on full operational readiness
Prime Minister Narendra Modi chaired a high-level meeting with the top defence establishment on Friday to take stock of the security situation. With conflict between India and Pakistan heating up, Modi met Defence Minister Rajnath Singh, National Security Advisor Ajit Doval, and the three service chiefs and the Chief of Defence Staff to strategise over the future course of action. The conflict with Pakistan has intensified with the armed forces responding proportionately and adequately to Pakistani attempts to target Indian installations on the intervening night of May 8 and 9. Pakistan violated Indian airspace to target the military installations, Wing Commander Vyomika Singh said at a briefing. She said Pakistan sent 300-400 drones in 36 locations from Leh to Sir Creek to target Indian military installations. The drones were shot down by the Indian military. Earlier in the day, Modi held interactions with veterans, including former chiefs of the three services, taking their ...
India-Pakistan tensions and IPL match suspensions are prompting travellers to cancel trips to border states and shift focus to the northeast, say industry executives
Pakistani drones that were shot down were manufactured in Turkiye, Col Sofiya Qureshi said at the MEA briefing on May 9
Amid rising tensions with Pakistan, India trains 1,700 Aapda Mitra volunteers to support civil defence forces with emergency skills like evacuation, first aid, and firefighting
The Pakistan Stock Exchange (PSX) on Friday continued to feel the effects of the ongoing conflict in the region with equity investors said to have suffered 820 billion rupees in losses in the last three days. The market opened, like the last three days, to conflicting sentiments but by close, had recovered more than 700 points. The benchmark KSE-100 index climbed 799.65, or 0.77 per cent, to stand at 1,04,326.46 from the previous close of 1,03,526.81 at 11:06 am. The volatility had increased following the military confrontation between India and Pakistan triggered by the April 22 Pahalgam terror attack that had cross border linkages. Yousuf M Farooq, director research at Chase Securities said such short-term volatility and corrections are a normal feature of equity markets. "We are advising our clients that only long-term investors participate in the market, maintaining discipline during periods of uncertainty and gradually building their portfolios over time," he said. Sana Tawf
India intensifies military and civilian readiness as cross-border tensions with Pakistan escalate, prompting widespread closures, red alerts, and travel disruptions
Modern ATGMs can be launched from vehicles, drones, or shoulder-fired, offering long-range precision and top-attack capability for high-impact tank and armour neutralisation
Jailed former Pakistan prime minister Imran Khan's party on Friday filed a petition in the High Court here seeking his release from jail, claiming a threat to his life due to the impact of the prolonged detention on his health and in view of the current situation with India. Khan's Pakistan Tehreek-i-Insaf party, in a WhatsApp message, said that the party's Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur approached the Islamabad High Court for the release of the party founder. Khan, 72, has been incarcerated in Adiala Jail of Rawalpindi, the garrison city, since mid-2023 in connection with multiple cases. The Islamabad High Court has been approached for the release of Imran Khan. An application has been filed by Chief Minister KP Ali Amin, the party said. It has been requested that in view of the current war situation with India, for national harmony and solidarity, and due to the fear of a drone attack in Adiala Jail, he be immediately released on parole/probation. The c
BCCI vice-president Rajeev Shukla confirmed that the Indian Premier League has been suspended for a week and the new window for the cash-rich league will be made by taking the stakeholders.
The domestic currency closed 34 paise higher at 85.38 after ending at 84.72 against the greenback on Thursday
EaseMyTrip has advised travellers to avoid non-essential travel to Turkey and Azerbaijan due to their support for Pakistan amid rising India-Pakistan tensions
The defence ministry order is backdated to take effect from February 10, 2025, and will remain valid for a period of three years, until February 9, 2028
All India Rice Exporters Association President (AIREA) Satish Goel on Friday ruled out any impact on Basmati trade, stressing that the recent increase in prices of the commodity is owing to higher demand and not due to the ongoing India-Pakistan tensions. The export price of Basmati rice varieties --1509 and 1718 -- have inched up slightly since March due to rise in demand and not due to supply disruptions caused due to ongoing military escalations between the two nations, he said. "Not due to ongoing India-Pakistan tensions, the Basmati prices have gone up recently. Prices rose slightly because of higher demand from Saudi Arabia, Iran and Iraq," Goel told PTI. The trade has not been affected so far and the orders are being fulfilled smoothly, he added. AIREA former president Vijay Sethia said in September 2024, Basmati rice, particularly the 1509 variety, were ruling high at Rs 62 per kg. Thereafter, prices dropped mainly due to a bumper crop arrival. Large arrivals of 1509 paddy
Cities along India's western border are on high alert as Indian forces neutralise 50 Pakistani drones; blackouts, school closures, and evacuation orders have been issued