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Petrol and diesel prices in Kolkata saw a modest upward revision as oil marketing companies (OMCs) recalibrated the basic price of fuel. Effective May 12, petrol now costs Rs. 105.41 per litre, while diesel stands at Rs. 92.02 per litre, reflecting a 40 paise and 20 paise increase, respectively. This move—stemming from periodic adjustments by OMCs—comes amid stable global crude prices and ongoing worries about domestic inflation.

After witnessing their strongest single-day rally in over seven months, Indian benchmark indices Sensex and Nifty declined in early trade Tuesday, as investors moved to lock in profits. The BSE Sensex fell as much as 788 points intraday, while the Nifty dropped over 209 points. The pullback followed Monday's euphoric surge, fueled by geopolitical de-escalation between India and Pakistan and a tariff-reducing agreement between the United States and China.

PhonePe, India’s leading fintech company, faced a significant technical glitch that led to the failure of transactions on its platform. The issue, which began during peak traffic hours on a Monday evening, was traced to a network capacity shortfall when the company switched traffic to a new data centre. The company’s co-founder, Rahul Chari, confirmed the swift response and recovery efforts, assuring users that necessary steps were being taken to improve its system’s capacity and security.

A volatile standoff between India and Pakistan, marked by four days of aerial assaults, missile exchanges, and explosive-laden drone attacks, culminated in a sudden and fragile ceasefire. Behind the scenes, a flurry of secret communications and high-stakes diplomacy unfolded, as military officials and global intermediaries scrambled to prevent a broader catastrophe between the two nuclear-armed rivals.

Amid mounting geopolitical friction, the Chamber of Trade and Industry (CTI) has issued a nationwide call urging over 700 trade associations in Delhi to sever commercial ties with China and Turkey. Citing both countries’ antagonistic stance on issues central to India’s national interest—particularly the Indo-Pak conflict—CTI has emphasized the need to reduce economic dependency on foreign powers that fail to align with India’s strategic priorities.

India’s top military leadership reaffirmed on Monday that the nation’s recent cross-border offensive—Operation Sindoor—was strictly aimed at dismantling terrorist networks operating within Pakistan-Occupied Kashmir (PoK). Rejecting allegations of escalation, Indian officials emphasized that their actions were retaliatory and precise, focused solely on terror camps and not directed at Pakistan’s military. Air Marshal A.K. Bharti attributed any Pakistani casualties to Islamabad’s decision to align itself with extremist elements.

India has signaled a dramatic recalibration in its national security doctrine following a wave of escalated hostilities with Pakistan. Prime Minister Narendra Modi’s directive to the armed forces was unequivocal: every hostile act must be met with a stronger, proportionate response. This led to Operation Sindoor, a series of precision airstrikes on key Pakistani military targets, following Islamabad's drone-led offensives.

In a high-stakes geopolitical drama that unfolded over a tense weekend, India executed a series of targeted precision strikes against key Pakistani military installations, catalyzing a swift de-escalation and ceasefire agreement. The strikes followed a late-night warning call from U.S. Vice President J.D. Vance to Indian Prime Minister Narendra Modi, alerting him to intelligence forecasting a potential dramatic escalation in cross-border hostilities.

Bollywood superstar Salman Khan found himself at the center of a social media storm after posting — and swiftly deleting — a tweet expressing relief over the ceasefire agreement between India and Pakistan. The controversy erupted in the aftermath of India’s military response to the deadly Pahalgam terror attack through Operation Sindoor. Netizens condemned Khan for overlooking the sacrifices of Indian soldiers and victims of terror, accusing him of tone-deafness at a moment of national mourning.

In the face of rising geopolitical tensions between India and Pakistan, Delhi’s Indira Gandhi International Airport (IGIA) has maintained full operational status, even as 32 other airports across northern and western India face temporary shutdowns. The airport’s managing authority, Delhi International Airport Limited (DIAL), has issued an advisory to travelers, urging early arrivals, compliance with security protocols, and reliance on official updates to mitigate delays.