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Commerce Minister Piyush Goyal and Foreign Trade and International Cooperation Adviser in Oman’s Commerce Ministry H.E. Pankaj Khimji, along with other delegates, during their meeting to further strengthen the bilateral ties under the India-Oman CEPA framework, in New Delhi on May 12, 2026. Photo: X/@PiyushGoyal via ANI The India-Oman Comprehensive Economic Partnership Agreement (CEPA) will “probably” be implemented on June 1, 2026, Commerce Minister Piyush Goyal said on Tuesday (May 12, 2026), following a meeting with the negotiating team from Oman. He added that the India-Chile Free Trade Agreement negotiations have hit some hurdles due to the difference in the sizes…

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Punjab Kings players Priyansh Arya and Prabhsimran Singh during the IPL match against Delhi Capitals at the HPCA Stadium in Dharamshala, Himachal Pradesh, on May 11, 2026. | Photo Credit: R.V. Moorthy In an action-packed tournament like the IPL where matches come thick and fast, teams hardly have time to rest on glory or dwell on defeats.Hence, it did not come as a surprise when Punjab Kings spin-bowling coach Sairaj Bahutule emphasised that the struggling side should not “brood over” recent losses.“Obviously, everyone is disappointed, but we cannot overthink and overanalyse. In a couple of days’ time, we will be…

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Kolkata Knight Riders assistant coach Shane Watson. | Photo Credit: Reuters With no wins in its first six games, Kolkata Knight Riders looked to be headed for a fight to avoid the wooden spoon in IPL 2026. But four wins in a row have brought the franchise’s playoff charge back to life.Ahead of the contest against Royal Challengers Bengaluru here, assistant coach Shane Watson said it was expected that the team would need some bedding-in time after significant changes to its squad from last year.“It was always going to take a bit of time to work out where everyone was…

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Chief Economic Advisor V. Anantha Nageswaran during the Confederation of Indian Industry (CII) Annual Business Summit 2026, in New Delhi on May 12, 2026. | Photo Credit: ANI Free Trade Agreements (FTAs) create value only once they are implemented not when they are signed, Chief Economic Advisor V. Anantha Nageswaran asserted on Tuesday, warning that there is a “substantial” gap between what the trade deals promise and what the regulatory frameworks actually allow. Mr. Nageswaran’s comments come days after the European Union’s Ambassador to India too warned that compliance issues could still derail the benefits of the India-EU FTA.During his speech…

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Foreign Institutional Investor interest in Indian equities, measured by the net outflows, has been hitting new lows, crossing over ₹2 lakh crore as of May 12, 2026. File | Photo Credit: Reuters India’s equity investors sold stocks for the fourth consecutive trading day, pulling Nifty 50 and Sensex down by over 1.8% closing at 23,379.55 and 74,559.24 points on May 12, 2026.Investors have been responding to the constant depreciation of the currency, which closed at a new low of ₹95.6 a dollar.Further, Prime Minister Narendra Modi’s appeal to rescue foreign exchange-guzzling purchases may have triggered the sale further. Brent Crude…

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Retail inflation rose to 3.48% in April, mainly due to an uptick in food prices. | Photo Credit: K. Murali Kumar Retail inflation rose marginally to 3.48% in April compared to 3.40% in the preceding month, mainly due to an uptick in food prices.Food inflation, as per the Consumer Price Index (CPI), was 4.2% last month compared to 3.87% in March.The year-on-year inflation rate based on All India Consumer Price Index (CPI) with base year 2024 for April was 3.48%, according to the National Statistics Organisation (NSO) data.The corresponding inflation rates for rural and urban were 3.74% and 3.16%, respectively.Last…

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A file image of former India head coach Rahul Dravid. | Photo Credit: The Hindu World Cup winning former India head coach Rahul Dravid said the grammar of T20 batting has undergone a complete metamorphosis of late and bowlers have some serious “catching up to do.”Dravid, who guided India to its second T20 World Cup triumph in 2024 in the Caribbean, is marvelled at how the young guns like Vaibhav Sooryavanshi, Ayush Mhatre, Priyansh Arya along with world’s No. 1 ranked T20 batter Abhishek Sharma have entirely changed the approach in the Powerplay overs.“In a sense, to see the quality…

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According to Nasscom, these measures are not new but are part of the industry’s broader approach to operational resilience and sustainability. | Photo Credit: Reuters Nasscom, in response to Prime Minister Narendra Modi’s Work From Home (WFH) advisory, stated that the technology industry in India continued to operate on well-established hybrid work models, with organisations calibrating work-from-home and in-office arrangements based on role requirements and customer needs.While speaking at a public event at Secunderabad in Telangana on May 10, PM Modi urged citizens and businesses to revive work-from-home (WFH) habits and online meetings as an economic measure to help India navigate the…

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Lucknow Super Giants’ George Linde during the warm-up before the match with director of cricket Tom Moody. File. | Photo Credit: Reuters A team with an imposing batting line-up comprising Mitchell Marsh, Aiden Markram, Nicholas Pooran and Rishabh Pant can send shivers down the spine of any bowling unit. Yet, Lucknow Super Giants endured a forgettable IPL 2026 campaign, getting eliminated after a loss to Chennai Super Kings in its 11th game.As has been the case throughout the tournament, LSG’s batting fortunes nosedived after a blistering start provided by Josh Inglis, another power-hitter in the team’s armoury in Sunday’s game…

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