Every major oil shock has left a mark on India, sometimes through inflation, sometimes through foreign exchange pressure, and occasionally through wider economic change. The country’s 1991 balance-of-payments crisis unfolded against a backdrop of rising oil prices. High crude costs later pushed difficult conversations around subsidies, fuel deregulation and energy security. More recently, shifts in…

Jewellery purchase is a major decision, especially when it involves precious diamond. Apart from the serious financial commitment, it also carries deep emotional weight, as a diamond is seen as an heirloom in itself. It may celebrate a career achievement, a personal milestone, a birthday, an anniversary, or another life-defining moment. So, buying jewellery is…

Congress general secretary Jairam Ramesh said money donated to the NSDF were being used for sports complexes in residences of IAS officers and welfare associations. | Photo Credit: Sushil Kumar Verma The Congress on Friday (May 22, 2026) said “petty pilfering” from the National Sports Development Fund (NSDF) is discouraging the country’s sportspersons at a…

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4 min readNew DelhiUpdated: May 22, 2026 03:07 PM IST For 21 days, a 69-year-old retired banker was kept under a “digital arrest scam”. First, the fraudsters forced him to download the Signal app, claiming it was an “authorised mode of communication.” The profile picture of their account displayed the initials “ATS,” commonly associated with…

The Reserve Bank of India (RBI) sold an estimated $2 billion to $3 billion on Thursday to defend the rupee against sustained pressure, and stepped in again on Friday, helping the currency strengthen past the 96-per-dollar mark, according to bankers cited by Reuters.The rupee rose 0.64 per cent to close at 96.20 against the US…

U.S. Secretary of State Marco Rubio voiced hope of progress on ending the war with Iran, as he looked to Pakistani mediators to help advance efforts to strike an agreement. Previous comments by President Donald Trump had suggested weeks of stop-start negotiations to strike a permanent end to the war were teetering on the “borderline”…

3 min readNew DelhiUpdated: May 22, 2026 04:06 AM IST The CBI investigation into the alleged NEET-UG paper leak has found that one of the arrested subject experts, Manisha Gurunath Mandhare, was not only involved in setting the question paper but also in translating it, it is learnt. Arrested last week, Mandhare, a Biology subject…

Royal Challengers Bengaluru’s Bhuvneshwar Kumar. File. | Photo Credit: ANI Quietly steering clear of the turbulence and distractions surrounding the league, defending champion Royal Challengers Bengaluru became the first side to secure a playoff berth. Despite the team’s impressive run, RCB Director of Cricket Mo Bobat dismissed suggestions that the franchise had somehow “cracked the…

3 min readHyderabadMay 21, 2026 10:07 PM IST He dropped out of school in the third standard, started life as a bus cleaner, and went on to manufacture India’s first electric motor, build a prototype car, and earn the title “Edison of India” from the scientific community of his time. His name was Gopalaswamy Doraiswamy…