S&P Global has said that the country has adequate financial buffers to manage a wider current account deficit that could emerge because of rising crude oil prices. India’s current account deficit has narrowed over the past few years, although fluctuations in global crude prices now pose a risk to that improvement.
Economists believe India’s foreign-exchange reserves are still sufficiently strong to shield the rupee from the oil price shock triggered by the Iran conflict, with the country’s reserve buffers remaining far healthier than the levels seen during the 2013 taper tantrum.
Gujarat Titans, after a slow start in IPL 2026, are on the cusp of playoff qualification with eight wins from twelve matches. Their resurgence is fueled by a dominant opening pair, the impactful inclusion of Jason Holder, and a lethal bowling attack that has stifled opposition batting.
US immigration agencies have uncovered widespread fraud within the Optional Practical Training (OPT) program, involving thousands of foreign students and suspect employers. Investigations revealed fake offices, empty buildings, and companies claiming to employ hundreds with little to no actual business activity, suggesting a "guestworker pipeline" issue.
Gold price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align closer to the international prices, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.
Senior Congress leader Sonia Gandhi has been admitted to Medanta Hospital in Gurgaon for a minor procedure. Gandhi, a prominent figure in Indian politics and the widow of former Prime Minister Rajiv Gandhi, has a long and influential history within the Congress party.
Air India has significantly reduced its flight schedule, cancelling around 200 weekly services from June to August due to soaring jet fuel prices and a depreciating rupee. These cuts follow previous reductions and aim to combat substantial losses. The airline is also exploring cost-saving measures like making meals optional on certain flights and unbundling lounge access for business class passengers.
Saudi Arabia conducted unpublicized airstrikes on Iran in late March, marking the first direct military action on Iranian soil in retaliation for attacks within the kingdom. This shift in approach followed Iranian strikes on Gulf Cooperation Council states, leading to an informal de-escalation understanding between Riyadh and Tehran.
A 23-year-old woman was allegedly strangled to death by her maternal cousin in IMT Manesar, Gurgaon. The accused, who was seeking work, reportedly hid her body in a bed box. The murder was discovered by a colleague when the victim failed to report for work.
A French woman is in critical condition with hantavirus from a cruise ship outbreak. She is being treated with an artificial lung in Paris. The outbreak has caused multiple infections and deaths. Investigations are underway to find the source of the virus. The cruise ship is returning to the Netherlands for cleaning.
