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    Rupee crashes 79 paise to close at all-time low of 95.28 against US dollar
    India has sufficient fuel stocks, no rationing planned, says oil ministry official
    Govt says ample stock of fertilisers to meet Kharif demand, no need for panic buying
    Amaravati to get Punggol-style integrated township: Andhra Minister Nara Lokesh
    How Portable AC Units Work and What to Look for Before Buying One This Summer
    Sensex falls over 1,300 pts as high crude oil prices, PM austerity appeal unnerve investors
    China's passenger car exports surge nearly 85 pc in April as domestic sales slump
    Rupee crashes 82 paise to close at all-time low of 95.31 against US dollar
    CBI Apprehends CGST Superintendent, Balasore, Odisha in Bribery Case
    Chandigarh University Online Launches Five Industry-Backed, Future-Ready Programs in AI, Product Management, Project Management and Technology
    AU Small Finance Bank Revises Savings Account Interest Rates to 6.75%* p.a.
    PM austerity appeal row: BJP's counterattack on Rahul Gandhi invokes Nehru's speech
    Ground-level economic situation far removed from govt’s propaganda: Cong on PM's appeal
    Jewellery stocks tumble; Sky Gold slumps over 12 pc
    BIA INSTALLS NEW PRESIDENT, PIVOTS TOWARD AI AND EXPORTS AS MSME SECTOR SEEKS GLOBAL FOOTING
    APEDA Facilitates First-Ever Export of 20 Metric Tons of ODOP Honey from Assam’s Aspirational District Baksa to USA
    Stock markets slump in early trade amid rising crude oil prices
    'Compromised PM' no longer capable of running country: Rahul slams PM
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May 11, 2026
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Foreign exchange pressure drives rupee to record low as dollar strength, crude prices and capital outflows intensify.
Foreign exchange market pressure pushed the rupee to a record closing low against the US dollar amid a stronger greenback, rising crude oil prices, and heavy foreign capital outflows. Geopolitical tensions in West Asia, domestic appeals to reduce spending on fuel, gold, and foreign travel, and weakness in domestic equities all added to market volatility and pressure on the local currency.
May 11, 2026
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Fuel supply stability and no rationing planned as India strengthens inventories, sourcing, and demand management.
India is maintaining adequate fuel and LPG inventories despite disruptions in global energy markets, and no rationing of fuel supplies is planned. The government has kept domestic prices stable, secured additional cargoes, increased procurement from existing and alternative suppliers, and used fiscal measures, including excise duty cuts on petrol and diesel, to absorb part of the price shock. Authorities have also managed supply disruptions through diversified sourcing and calibrated demand-management steps.
May 11, 2026
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Fertiliser availability remains comfortable as government bolsters Kharif supply, stabilises prices, and curbs hoarding.
Fertiliser availability for the upcoming Kharif sowing season remains comfortable, with stocks above the usual seasonal benchmark and additional imports and domestic production supplementing supply. Major fertiliser prices have remained stable, urea pricing is fixed, and further quantities of NPK complexes, DAP, triple super phosphate and ammonium sulphate have been secured to support peak-season demand. Measures are also being taken to promote balanced fertiliser use and prevent hoarding, diversion and black-marketing at the state level.
May 11, 2026
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Integrated township development in Amaravati gains momentum with Singapore model cooperation, trade connectivity and MICE infrastructure planning.
Integrated township development in Amaravati is being advanced as a Singapore-modelled urban project, intended to serve as a benchmark development and to support the Amaravati Economic Region. The state has invited requests for proposals and is pursuing monthly working-group consultations to implement the existing memorandum of understanding covering township development, digital transformation and real-time governance. Cooperation is also being sought on trade connectivity, a pilot digital trade corridor, and a dedicated MICE policy with single-window approvals and new infrastructure.
May 11, 2026
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Portable air conditioner buying guide highlights cooling capacity, energy efficiency, portability, and EMI-based purchase options.
Portable air conditioners are described as an installation-free cooling option for rooms where window or split ACs cannot be fitted, especially for renters and small-apartment users. Buyers are advised to assess cooling capacity, BEE star rating, portability features, noise levels, exhaust hose length, and additional modes such as fan-only and dehumidifier functions. The purchase process includes browsing models, checking eligibility, selecting a partner store, and choosing an EMI plan with repayment tenures from 3 to 60 months and zero down payment on select models.
May 11, 2026
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Crude oil price shock and austerity appeal weigh on investor sentiment amid foreign exchange and inflation concerns.
Stock market weakness was linked to rising crude oil prices, renewed geopolitical tension in West Asia, and concern over inflationary pressure, fuel costs, foreign exchange reserves, and the current account outlook. Investor sentiment was further affected by the Prime Minister's appeal for austerity and conservation of foreign exchange through reduced fuel use, postponement of gold purchases and foreign travel, greater use of public transport, carpooling, electric vehicles, rail services, and work from home.
May 11, 2026
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Chinese EV exports surge as domestic car sales weaken amid global demand and trade pressures.
China's passenger car exports expanded sharply in April as automakers increased overseas shipments while domestic demand weakened. Passenger car exports rose by nearly 85 per cent year on year, with new energy passenger vehicle exports increasing by more than 120 per cent. Domestic passenger car sales fell for the sixth consecutive month, while Chinese brands continued expanding abroad and analysts pointed to stronger global EV demand and trade pressures shaping export prospects.
May 11, 2026
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Rupee weakness deepens amid oil surge, dollar strength and foreign outflows, pressuring market sentiment and reserves.
The rupee fell sharply to a record low against the US dollar amid heightened West Asia tensions, a surge in crude oil prices, a stronger dollar and sustained foreign capital outflows. Market sentiment was also weakened by calls for austerity, including reduced discretionary spending and foreign travel, as part of efforts to conserve foreign exchange. India's foreign exchange reserves also fell in the latest reporting week, adding to pressure on the domestic currency.
May 11, 2026
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Bribery allegations in GST refund processing led to a CBI trap and apprehension of a CGST superintendent.
Allegations of bribery against CGST officers led to a CBI trap operation after a complaint claimed that the Superintendent and Assistant Commissioner, CGST, Balasore, Odisha, demanded illegal gratification for release of a GST refund. The CBI registered the case on the basis of the complaint and laid a trap, during which the Superintendent was apprehended while accepting the bribe amount.
May 11, 2026
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Industry-backed online degree programs expand AI, product management, and certification-led training for career-ready skills.
Industry-backed online degree programs are being launched to align higher education with a skill-first economy and AI-driven workforce needs. The programs emphasise employability, hands-on exposure, and real-world application, replacing purely theory-led learning with outcome-driven training that supports career growth and professional advancement. The portfolio includes data science, agentic AI, product management, and certification-linked management and technology programs designed to strengthen technology, business, and leadership readiness.
May 11, 2026
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Savings account interest rate revision boosts returns with monthly credit, digital onboarding, and select zero-balance account options.
AU Small Finance Bank has revised its savings account interest rates to up to 6.75% per annum, applicable to select balance slabs and subject to periodic change. The savings account structure includes monthly interest credit, zero-balance options for select variants, and fully digital account opening through video KYC without a branch visit. The account is integrated with mobile and net banking facilities, fund transfers, UPI, IMPS, NEFT, bill payments, fixed deposit booking, account statements, and security features.
May 11, 2026
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Austerity and self-reliance appeal amid West Asia conflict sparks political clash over responsible leadership.
Political exchange over the Prime Minister's appeal for austerity and economic self-restraint in the context of the West Asia conflict. The appeal urged citizens to conserve energy, reduce fuel consumption, use public transport and carpooling, postpone gold purchases and foreign travel, and prefer indigenous products and Swadeshi goods to conserve foreign exchange and support self-reliance. The response defended these measures as responsible leadership and invoked Nehru's remarks on the impact of wars abroad on India.
May 11, 2026
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Foreign exchange conservation and fuel restraint shape a wider debate on austerity, consumption cuts, and economic stress.
Concerns were raised over the economic impact of the West Asia conflict and the possibility of tighter austerity measures, including higher fuel prices, as the government urged citizens to reduce consumption of petroleum products and other imports. The stated objective of these appeals was to conserve foreign exchange and reduce pressure on the economy amid rising supply-chain stress and increased prices of petrol and fertilisers. The measures advocated included greater use of metro rail, carpooling, electric vehicles, railway parcel movement, work-from-home arrangements, postponement of gold purchases and foreign travel, reduced edible oil consumption, lower use of chemical fertilisers, promotion of natural farming, and preference for Swadeshi products.
May 11, 2026
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Foreign-exchange conservation appeal to delay gold purchases and travel weighs on jewellery demand and bullion sentiment.
Postponement of gold purchases and avoidable foreign travel was urged as a foreign-exchange conservation response to the West Asia crisis and higher crude prices. The appeal was linked to macroeconomic stability, trade deficit management, and pressure on the rupee and current account, while analysts said it could dampen short-term jewellery demand and sentiment across bullion-linked businesses.
May 11, 2026
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MSME growth strategy turns on AI adoption, export expansion, and global supply chain integration for scale.
Bombay Industries Association installed Dr. Rajesh Doshi as its 62nd President and set a growth-oriented agenda for MSMEs. The leadership programme focuses on artificial intelligence, digital adoption, global supply chain integration, and export market expansion. It also identifies financing gaps, technology deficits, and governance challenges as barriers to MSME scaling, while announcing initiatives such as a revived knowledge platform, defence-sector linkage, AI training, partnerships for financial and export support, and wider cluster outreach.
May 11, 2026
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ODOP honey export from Baksa advances farmer-led exports, quality compliance, and stronger market access for rural producers.
ODOP honey from Baksa district in Assam was exported to the USA in the first-ever consignment through APEDA facilitation, marking a step in promoting district-specific agricultural products under the One District One Product initiative. APEDA supported the export by strengthening processing-facility infrastructure, including testing and laboratory equipment, to help meet international quality standards and food safety requirements. The initiative is presented as a means of improving value addition, expanding export growth, integrating farmers from Aspirational Districts into global value chains, and generating better price realisation for local beekeepers and farmers.
May 11, 2026
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Crude oil price surge and West Asia tensions weigh on stock markets as foreign exchange conservation measures intensify
Stock markets fell in early trade as rising crude oil prices and renewed West Asia tensions weighed on sentiment, with Brent crude higher and supply disruption concerns returning to focus. The pressure was linked to the risk of a wider current account deficit and foreign exchange outflows, while the reported response emphasised conserving foreign exchange through lower fuel use, public transport, carpooling, electric vehicles, postponement of gold purchases, and deferment of foreign travel.
May 11, 2026
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Foreign exchange conservation drives fuel, gold and travel restraint amid West Asia conflict concerns.
Calls for conserving foreign exchange and reducing dependence on imported inputs amid the West Asia conflict by urging citizens to use petrol and diesel judiciously, defer gold purchases and foreign travel, and adopt lower-consumption and efficiency measures such as metro travel, carpooling, electric vehicles, rail-based parcel movement, work-from-home arrangements, virtual meetings and video conferencing. The policy emphasis is on protecting the economy from supply-chain pressure and inflationary effects while promoting self-reliance through reduced fuel use, lower edible oil consumption, less chemical fertiliser use, natural farming and greater use of Swadeshi products.
May 11, 2026
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Rupee weakness deepens as higher crude prices, stronger dollar and foreign outflows pressure early trade.
The rupee weakened sharply in early trade after higher crude oil prices, a stronger US dollar, and foreign portfolio investor outflows added pressure. It opened lower against the US dollar and traded near 94.90 after a steep fall from the previous close, while domestic equities declined and forex reserves were reported lower in the latest weekly update.
May 10, 2026
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Seafood export market access expanded through EU engagement, quality controls, and removal of regulatory bottlenecks after tariff pressure.
India secured access to the European Union seafood market through active trade engagement after the United States imposed steep tariffs on Indian seafood exports. The government addressed regulatory bottlenecks that had limited Indian shipments, including the restoration of previously delisted fishery establishments through quality control orders and standards, and more than 125 Indian fishery establishments were registered for access to the EU market. The move formed part of a wider export strategy focused on long-term trade opportunities, export growth, manufacturing, and employment.

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May 27, 2026

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New Delhi, May 27 (PTI) Following are the top stories at 1 PM NATION DEL22 PM-HEAT (11.45 AM)

PM Modi urges citizens to take all possible precautions amid soaring mercury New Delhi: Prime Minister Narendra Modi on Wednesday urged citizens to take maximum precautions as the country is witnessing soaring temperatures, and said staying hydrated is key during such harsh weather.

DEL23 CONG-NEHRU-PM (11.54 AM)

Nehru cannot be erased from modern India’s fabric despite PM’s efforts to denigrate him: Cong New Delhi: The Congress on Wednesday accused Prime Minister Narendra Modi of making a “diabolical effort” to “distort, defame, and denigrate” Jawaharlal Nehru, and asserted that India's first prime minister cannot be erased from the fabric of modern India.

DEL8 CONG-ORAM-NICOBAR (9.52 AM)

Attempted justification for deliberately ignoring rights: Ramesh counters Oram on Great Nicobar project New Delhi: Congress leader Jairam Ramesh has written to Tribal Affairs Minister Jual Oram over the Great Nicobar project, urging him to ensure that the provisions of the Forest Rights Act, 2006 are both seen to be implemented and are actually implemented in letter and spirit.

DEL6 ED-KL-EX CM-LD SEARCHES (9.33 AM)

ED raids ex-Kerala CM Pinarayi Vijayan's house, others in CMRL money laundering case Thiruvananthapuram: The Enforcement Directorate on Wednesday conducted searches at the residence of former Kerala chief minister Pinarayi Vijayan and some others as part of its investigation against his daughter in the CMRL money laundering case, officials said.

DEL21 CBI-LD NEET (11.34 AM)

CBI arrests Latur-based doctor, Pune physics teacher in NEET UG paper leak case New Delhi: The CBI has arrested a Latur-based doctor and a physics faculty member at a Pune-based coaching institute in connection with the NEET UG paper leak case, officials said on Wednesday.

CAL6 AS-ASSEMBLY-UCC-NDA (11.20 AM)

UCC Bill not against any religion, seeks protection for women: NDA members tell Assam Assembly Guwahati: MLAs representing the ruling NDA in the Assam Assembly on Wednesday said the Uniform Civil Code Bill, introduced in the House two days ago, seeks to protect women's rights and is not against any religion or religious practice.

MDS9 KA-CM-GUV (12.21 PM)

K'taka CM Siddaramaiah seeks time to meet Guv Gehlot on Thursday Bengaluru: Amid intense speculations of a change of guard in the state in the next two days, Karnataka Chief Minister Siddaramaiah has sought time from Governor Thaawarchand Gehlot for an appointment on May 28, sources in the CMO said on Wednesday.

DEL25 HEALTH-YOGA DAY-KOLKATA (12.31 PM)

Kolkata to host International Yoga Day main event on June 21: Ayush Minister Jadhav New Delhi: The main event of the International Day of Yoga 2026 will be held in Kolkata on June 21, Union Ayush Minister Prataprao Jadhav announced on Wednesday.

LEGAL LGD21 SC-2NDLD SIR (12.58 PM)

SC upholds EC's power to conduct SIR, says exercise 'breathes life' into mandate for fair polls New Delhi: The Supreme Court on Wednesday upheld the Election Commission’s power to conduct a Special Intensive Revision (SIR) of voter rolls and said the exercise "breathes life" into the constitutional mandate for fair elections.

LGD17 SC-AMAZON (11.42 AM)

SC sets aside NCLAT order which rejected Amazon's appeal New Delhi: The Supreme Court on Wednesday set aside the NCLAT's June 2022 order which had rejected US e-commerce giant Amazon's appeal against an anti-trust suspension of its investment deal with Future Group.

FOREIGN FGN11 US-NASA-LD MOON (6.35 AM)

NASA unveils 3-phase plan for permanent moon base; 3 missions this year Washington: After a successful lunar flyaround, NASA has announced three missions to the moon as part of efforts to establish a permanent base on the earth's natural satellite. By Sagar Kulkarni

FGN13 SINGAPORE-INDIA-FOOD INDUSTRY (7.19 AM)

'India's agri sector-food industry must adapt to withstand climate impacts' Singapore: India's agriculture sector and food industry will need to ramp up adaptation measures to withstand increasing climate impacts, a leading climate organisation has said. By Gurdip Singh

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