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RBI cancels Shirpur Merchants's Cooperative Bank license over insolvency
The Reserve Bank of India (RBI) has cancelled the licence of The Shirpur Merchants' Co-operative Bank due to inadequate capital and poor future earning potential.
US stocks open higher as investors eye Middle East progress
The S&P 500 and Nasdaq opened higher today, buoyed by investor optimism over potential resolution to Middle East conflict. Meanwhile, the Dow Jones fell slightly.
April 2026 new wage code may cut take-home, boost savings
From April 1, 2026, Indian employees may notice a decrease in their take-home pay due to the government's implementation of new labour reforms.
Moody's affirms India's Baa3 rating and flags Middle East risks
Moody’s Ratings has retained India’s Baa3 sovereign credit rating with a stable outlook, but warns of potential risks from the ongoing Middle East conflict.
Gold rises over 1% to ₹1.51L amid U.S.-Iran tensions
Gold prices climbed over 1% to ₹1.51 lakh per 10 grams in futures trade on Monday, influenced by escalating geopolitical tensions in West Asia.
Nykaa expects 27% to 29% net revenue growth, eyes 10,000cr
Nykaa forecasts a 28% year-on-year growth in Q4 revenue, nearing the ₹10,000-crore milestone, driven by its fashion and beauty sectors.
Sitharaman says India can offer support amid West Asia crisis
Finance Minister Nirmala Sitharaman asserts that India has the fiscal capacity to support sectors affected by the escalating West Asia crisis.
Spain's Xoople raises $130 million to launch satellites for AI training
Spanish startup Xoople has raised $130 million in a Series B funding round to develop a satellite constellation for deep learning models.
Investors press Amazon Microsoft Google on US data center water
Investors are pressuring Amazon, Microsoft, and Google for more detailed information on water usage and conservation in their US data centers due to environmental concerns.
West Asia conflict hits India's $200 million leather exports to Gulf
The escalating conflict in West Asia is disrupting India's $4.5 billion leather industry, threatening exports and inflating production costs due to rising crude oil prices.
GeM FY26 drops 7.4% to ₹5.03L/cr after coal ministry cuts
The Government e-Marketplace (GeM) facilitated transactions worth ₹5.03 lakh crore in 2025-26, marking a 7.4% decrease from the previous fiscal year.
Saudi Arabia raises Arab Light Asia premium to record $19.50
Saudi Arabia has dramatically increased the price of its Arab Light crude oil for Asian markets amidst escalating tensions in the Strait of Hormuz.
RBI begins policy meeting under governor Sanjay Malhotra on inflation
The Reserve Bank's rate-setting panel has commenced its three-day meeting amid the ongoing West Asia crisis, with a decision expected on Wednesday.
RBI curbs speculation, rupee closes at 93.06 per US dollar
The Indian rupee sustains its gains following the largest rally in 12 years, triggered by the Reserve Bank of India's measures to curb speculation against the currency.
Asia could take biggest hit from oil disruption: Goldman Sachs
Global crude oil markets are facing a fresh wave of tightening, with rising prices threatening to impact economies worldwide.
Indian companies trade $7.54 billion NDFs after RBI rule change
Indian companies seized arbitrage opportunities, leading to a surge in non-deliverable forwards (NDF) market activity to over $7 billion on March 30.
Sensex gains nearly 800 points, Nifty settles above 22,960 mark
The Indian stock market witnessed a major surge on Monday, with both the Sensex and Nifty closing higher for the third consecutive day.
SEBI moves to revive open market buybacks to steady markets
SEBI's proposal to allow companies to buy back shares could stabilise volatile markets and enhance liquidity, according to industry experts.
US-Iran war: Supply disruptions make summer essentials costlier in India
The ongoing conflict between US-Israel and Iran is set to make the summer season more expensive for Indian consumers.
Your AirAsia X flights are about to become costlier
Budget airline AirAsia X has announced a hike in its fares, owing to the spike in oil prices triggered by the ongoing US-Iran war.
SC orders time-bound probe into Anil Ambani's alleged financial irregularities
The Supreme Court of India has ordered a time-bound, fair, and transparent investigation into alleged financial irregularities linked to the Reliance Anil Ambani Group (RAAG).
Magicpin launches AI assistant 'Vera': What does it do?
Magicpin, a leading food delivery and e-commerce platform, has launched an artificial intelligence (AI) assistant called "Vera."
Adani gets SC nod to acquire Jaiprakash Associates for ₹14,500cr
The Supreme Court of India has declined to interfere with Adani Enterprises Ltd.'s ₹14,543 crore resolution plan for the bankrupt Jaiprakash Associates Ltd (JAL).
Mustafa Suleyman stepping back from Copilot as planned months ago
Microsoft AI CEO, Mustafa Suleyman, refutes claims of a demotion, stating his move from Microsoft Copilot was a planned transition to focus on building frontier AI models.
UPI clocks 228B transactions in 2025 as digital payments boom
India's digital payments ecosystem is witnessing unprecedented growth, with Unified Payments Interface (UPI) leading the charge.
Valura.ai announces AI platform in India with ₹3000 cr pipeline
UAE-based AI-native platform, Valura.ai, has made its debut in India, onboarding over 1,000 wealth advisors and creating a Rs 3,000 crore AUM pipeline ahead of its official launch.
UCO Bank posts 19% loan growth to ₹2.62L/cr Jan-Mar 2026
UCO Bank has announced a 19% increase in credit growth to ₹2.62 lakh crore in Q4 FY26. The state-owned bank also reported an 11% rise in total deposits.
Indian Sensex jumps 787 points as Nifty tops 22,950 Monday
The Indian stock market closed with significant gains on Monday, with Sensex and Nifty 50 both rising over 1%. This surge resulted in investors earning more than ₹5 lakh crore.
After Donald Trump threat, Bitcoin tops $70,000, highest since March
Bitcoin climbed above $70,000 for the first time since March 25, fueled by optimism over potential ceasefire talks in Iran.
Iran conflict sends heating oil higher, UK FSB urges probe
Due to the ongoing war in Iran, small and medium-sized enterprises (SMEs) in the UK are expecting their energy bills to more than double as heating oil costs skyrocket.
Matter Motor Works seeks $50 million for distribution expansion in India
Matter Motor Works, an electric motorcycle manufacturer, is aiming to raise around $50 million in a Series C funding round, potentially valuing the company at $300 million.
Vinay Tonse becomes YES Bank MD CEO, outlines 4 pillars
Vinay M Tonse has taken over as the Managing Director and CEO of YES Bank, focusing on a four-pillar strategy for growth.
US-Iran war, AI concerns drag Indian firms into weak quarter
Top Indian IT companies are expected to witness a lackluster fourth quarter, with revenue and profit growth projected at around 10% year-on-year (YoY).
Indian markets rally Monday as Sensex jumps and Nifty gains
The Sensex rebounded sharply on Monday, overcoming early losses due to positive global news and potential Iran-US ceasefire talks, coupled with cooling oil prices.
Leverage Edu revenue rises 112% to ₹375cr in FY2026
Leverage Edu, a talent mobility firm, reported a 112% year-on-year increase in revenue to ₹375 crore in FY26. The company also noted an ₹85 crore improvement in its bottom line.
Indian government revives IDBI Bank sale after bids fell short
The Indian government is considering inviting fresh bids for the sale of IDBI Bank, following initial offers that did not meet expectations.
SEBI chief warns of global risks from US-Iran war
Tuhin Kanta Pandey, the Chairman of the Securities and Exchange Board of India (SEBI), recently addressed the CII Corporate Governance Summit.
You can now use Face ID, fingerprint for Paytm UPI
Paytm has announced the launch of biometric authentication for Unified Payments Interface (UPI) transactions and cardless ATM withdrawals.
Sensex jumps 500 points after Pakistan-brokered Iran US ceasefire framework
Indian stock markets rallied on Monday, adding Rs 3 lakh crore to the total market capitalisation, driven by reports of a potential Iran-US ceasefire and other key factors.
Why did Reliance shares fall over 4% today?
Reliance Industries' share price has witnessed a steep decline of over 4% today.
Ola Electric shares jump 33%: What's driving the rally?
Ola Electric Mobility's shares jumped over 7% today, marking a massive 33% gain in just three sessions.
Why jewelry stocks are surging today
Shares of jewelry companies have witnessed a major surge after the Indian government slashed the base import prices of gold and silver.
Weaker rupee spurs Q4 10% growth for TCS and Infosys
Indian IT companies anticipate a lacklustre fourth quarter due to war uncertainties and AI concerns, despite a weak rupee boosting earnings.
Japan 10-year government bond yield hits 2.41% highest since 1999
Japan's 10-year bond yield has reached a 28-year high, potentially triggering volatility in the Indian stock market and affecting foreign investment.
Citigroup pushes back Fed rate cut forecast to September
Citigroup has revised its forecast for Federal Reserve rate cuts, now expecting three 25-basis-point reductions in September, October, and December.
Oil at $110 puts India Inc's double-digit growth at risk
India Inc's much-anticipated double-digit earnings growth for FY27 is now under serious threat.
Indian bonds see an uptick today: Here we decode why
Indian bonds witnessed a surge today, following probable central bank purchases last week and a lower-than-expected state borrowing plan.
INR might end 2026 at around 93/USD: Bank of America
Bank of America (BofA) has predicted that the Indian rupee will end the year at around 93 per US dollar, roughly in line with current levels.
HDFC Bank revamps credit card rewards: How it affects you?
HDFC Bank has announced significant changes to its Regalia Gold and Diners Club Privilege credit cards.
Silver ETFs down 15% in 2 months: What's the reason?
Silver exchange-traded funds (ETFs) have witnessed a steep decline in recent months, with losses of up to 15% in just two months.
How US tariffs on patented drugs have affected Indian companies
The United States has imposed tariffs of up to 100% on patented drugs, a move that could have a major impact on India's specialty pharmaceutical players.
BofA Securities cuts Nifty earnings and trims India GDP forecast
BofA Securities has reduced its earnings growth prediction for India's Nifty 50 companies to 8.5% for FY27, citing increasing stagflation risks and high crude oil prices.
EPFO 3.0 allows up-to half PF withdrawals via ATM UPI
The Employees’ Provident Fund Organisation (EPFO) is set to launch EPFO 3.0, enabling easier provident fund withdrawals through ATMs and UPI, with a cap at 50% of total PF balance.
Foreign firms lease record 9M sq-ft office space in India
Foreign companies have leased a record 9.1 million square feet of office space in India's top nine cities during the first quarter of this year. The surge was mainly due to the establishment of Global Capability Centers (GCCs).
Nykaa eyes majority stake in Deepika Padukone's skincare brand
Leading beauty and fashion retailer Nykaa is said to be in talks to acquire a majority stake in actress Deepika Padukone's premium skincare brand, 82°E.
Supreme Court refuses stay on Adani's ₹14,543cr JAL takeover plan
The Supreme Court has declined to halt the implementation of Adani Enterprises' ₹14,543 crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL).
Gold and silver slip in India amid stronger US dollar
Gold and silver prices in India fell on April 6 due to a stronger US dollar, rising crude oil prices, and heightened geopolitical tensions.
Reliance shares drop over 4% to ₹1,295, now under 18L/cr
Reliance Industries' share price dropped over 4%, pushing its market capitalisation below ₹18 lakh crore. This decline significantly impacted the broader market indices.
Bitcoin climbs about $69,100 on Monday as Ethereum nears $2,100
Bitcoin traded close to $69,100 on Monday, reflecting a lack of strong momentum due to mixed signals from macro factors and on-chain data.
Indian bank stocks lose $95B, analysts warn of more pain
Indian bank stocks, a major player in the country's stock market, are likely to face more losses.
Record 9.1msf leased by foreign companies in India early 2026
Foreign companies leased a record 9.1 million square feet of office space in India's top nine cities to establish Global Capability Centres (GCCs) in Q1, as reported by CBRE.
OpenAI moves Brad Lightcap to projects, Denise Dresser leads commercial
OpenAI's COO, Brad Lightcap, is reportedly moving to a special projects role amid a major leadership reshuffle at the AI company.
Sensex falls over 500 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the BSE Sensex down by 500 points or 0.54% at 72,810.57 and the NSE Nifty down by 140 points or 0.47% to below 22,600 at 22,580.35 in early trade.
Tata Sons chairman reappointment in limbo as trust raises concerns
The fate of N Chandrasekaran's reappointment as Tata Sons Chairman hangs in the balance, with the next board meeting scheduled for June.
Oracle to cut 30,000 jobs worldwide despite profits nearly doubling
Oracle's recent global layoffs have impacted approximately 12,000 Indian employees who are reportedly receiving one month's salary per year of service as severance.
Foreign investors dumped ₹43,000cr HDFC Bank shares in March quarter
Foreign institutional investors (FIIs) sold HDFC Bank shares worth ₹43,085 crore during the March quarter.
Kaynes Semicon targets GaN, micro-LEDs under India's Semiconductor Mission 2.0
Kaynes Semicon is planning to expand into gallium nitride (GaN) and micro LED segments under the upcoming ISM 2.0, while ramping up shipments from its OSAT facility.
RBI to keep rates unchanged as US-Iran war fuels inflation
The Reserve Bank of India (RBI) is likely to keep key policy rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting, scheduled for April 6-8.
Zetwerk adds Aruna Sundararajan to board, makes Amrit Acharya chairman
Zetwerk, a B2B manufacturing firm, has restructured its leadership and board in preparation for an upcoming initial public offering (IPO).
Bank of America sees rupee near ₹93 per $2026
The Indian rupee is expected to end the year near its current levels, with most of its depreciation already accounted for, according to Bank of America.
India's services activity slows to 14-month low
India's services activity has witnessed a slowdown, with the Purchasing Managers's Index (PMI) falling to a 14-month low of 57.5 in March.
Why OpenAI CFO is opposing Sam Altman's 2026 IPO timeline
OpenAI's Chief Financial Officer (CFO) Sarah Friar has expressed reservations about CEO Sam Altman's intention to take the company public as early as the fourth quarter of 2026, The Information reports.
Jindal Steel 1st globally to use coal gasification for steel
Jindal Steel Limited has become the first global company to deploy syngas, derived from domestically sourced coal, across multiple stages of its steelmaking operations.
OPEC+ raises oil production as US-Iran war threatens energy stability
The OPEC+ oil alliance has decided to raise its oil production quotas for the second consecutive month.
Trent shares jump over 6% after Q4 revenue ₹4,937 cr
Trent Limited, a Tata Group retailer, witnessed a 6.43% surge in shares following a 20% year-on-year increase in standalone revenue for Q4FY26.
Ola Electric shares jump 33% after government Roadster X+ certification
Ola Electric shares soared by 33% over three days, boosting the company's market value by Rs 3,360 crore, driven by strong March sales and PLI certification.
Citigroup delays US Fed cuts to September, predicts 3 cuts
Citigroup has postponed its Federal Reserve rate-cut prediction due to unexpectedly strong U.S. job gains and persistent inflation risks.
Air India halts Israel flights till May 31, thousands affected
Air India has suspended its flights to Israel until May 31, due to the ongoing conflict between US and Iran in West Asia.
HDFC Bank stock ₹746.50 near 52-week low despite deposits +14.4%
HDFC Bank shares edged up from their 52-week low, despite market pressures, buoyed by provisional Q4 data indicating robust deposit growth.
U.S.-Iran tensions disrupt Hormuz shipping as WTI tops $115
Oil prices continue to rise, with WTI crude reaching $115 per barrel due to supply disruptions caused by the ongoing US-Iran war.
Gold falls over 1% amid strong dollar, waning rate-cut expections
Gold prices witnessed another drop on Monday, falling over 1% due to a stronger US dollar and waning expectations of interest rate cuts by the Federal Reserve.
Bank of Maharashtra posts 22% credit jump to ₹2.92L/cr
Bank of Maharashtra (BoM) recorded a 22% increase in total credit to ₹2.92 lakh crore in Q4, ending March 2026. The bank's total business also grew by 18%.
Wipro shares jump 3% after $1B contract win
Wipro Limited's shares surged by 3% after the company announced a major multi-year strategic transformation deal with Olam Group.
Wipro stock rises after $1bn Olam deal and $800m commitment
Wipro's shares rose by 1.78% after the announcement of a strategic $1 billion deal with Olam Group, boosting the company's outlook.
Oil jumps past $110 amid Trump's fresh warning to Iran
Oil prices are on the rise due to fears of supply disruptions as US-Iran war continues to affect market sentiment.
Indian rupee opens stronger at 93 per US dollar
The Indian rupee opened stronger at 93 per US dollar today, gaining 10 paise from Thursday's close of 93.10.
Sensex drops 225 points to 73,093.57 as Nifty slips 65
The BSE Sensex and NSE Nifty opened lower today, with significant drops in IndiGo and Kotak Mahindra Bank shares, amid rising crude oil prices and geopolitical tensions.
AI fuels hiring surge as tech job openings hit 3-year-high
The tech industry in 2026 is witnessing a major transformation, with artificial intelligence (AI) leading the way.
Digi Yatra now live at 38 airports, eyes international use
India's digital identity platform, Digi Yatra, is planning to extend its services beyond domestic aviation to international travel and passport-based onboarding.
Indian rupee gains 1.8% to 92.85 after RBI curbs
The Indian rupee strengthened by 33 paise to 92.85 against the US dollar, following the Reserve Bank of India's (RBI) move to curb speculative trading.
Iranian drone attack strands over 4 dozen Qatari LNG tankers
Over four dozen Qatari liquefied natural gas (LNG) tankers are idling across Asia due to the ongoing closure of Qatar's export plant.
Rupee opens at 93.00 per US dollar, up 10 paise
The Indian Rupee opened 10 paise higher at 93 against the US dollar, influenced by recent curbs imposed by the Reserve Bank of India.
AI reshapes software jobs as senior roles boom, newcomers struggle
AI-induced layoffs are only part of the narrative, as software job openings surge, particularly for experienced engineers and AI specialists.
Human Progress Report 2026: 86% Indian professionals face workplace change
Indian professionals report an 86% disruption rate in workplaces, leading to a rising demand for upskilling amidst AI-driven changes.
Meta and Block rethink management with AI and player coaches
Meta and Block are redefining middle management roles, leveraging AI to create 'player coaches' and 'org leads', fostering faster decision-making.
Wipro to buy Mindsprint for $375m, Olam transfers 200m shares
Singapore-based Olam Group is selling its IT and digital services business, Mindsprint, to Indian firm Wipro for $375 million. The deal is set to close by June 2026.
War risk insurance costs surge nearly 20-fold amid U.S.-Iran tensions
War-risk insurance premiums in West Asia have soared by nearly 1,900% due to escalating tensions between the US and Iran, significantly impacting regional businesses.
Three Dalal Street IPOs this week to raise over ₹440cr
Three new public issues are slated to hit Dalal Street this week, aiming to raise a total of Rs 443 crore despite the subdued market sentiment.
US dollar steady as Trump sets Strait of Hormuz deadline
The dollar remained stable while the yen approached a critical level as investors grapple with the escalating war in Iran and its potential impact on global markets.
Asian markets mixed as oil spikes after Trump Iran threat
Asian stocks saw a slight increase as oil prices continued to rise, following President Trump's escalating threats in the ongoing Iran conflict.
India's semiconductor mission 2.0 now targets HBM for AI centers
India's Semiconductor Mission (ISM) 2.0 is set to prioritize the production of high bandwidth memory (HBM), crucial for AI data centers.
TCS records 16% senior churn after 12,000 executive layoffs
Tata Consultancy Services (TCS) is facing an unprecedented exodus of senior executives, following its largest layoff drive and deep cuts to variable payouts.
Snapchat partners South Indian film industries to reach Gen Z
Snapchat is partnering with India's regional film industries and celebrities to provide exclusive content, aiming to engage Gen Z users in tier-II and tier-III cities.
US futures fall, Dow loses 270 after Trump Iran warning
Dow futures fell over 300 points as President Trump threatened Iran with escalated action, while oil prices continued to surge.
Nykaa in talks to acquire majority stake in Padukone's 82°E
Nykaa is in discussions to acquire a majority stake in actress Deepika Padukone's skincare brand, 82°E, to strengthen its portfolio.
Supreme Court to hear Vedanta challenge over Jaiprakash Associates takeover
The Supreme Court is set to hear Vedanta Ltd.'s plea against the Adani Group's plan to acquire debt-ridden Jaiprakash Associates on Monday.
Google invests $15 billion in India, nation's largest foreign investment
Google is set to launch its $15 billion data centre project in Andhra Pradesh, India on April 28. This marks the largest single foreign direct investment in the country.
IIFCL doubling InvIT investment to ₹6,000 cr by March 2027
The India Infrastructure Finance Company Ltd (IIFCL) aims to double its exposure in Infrastructure Investment Trusts (InvITs) to Rs 6,000 crore during the current fiscal year.
Gold prices down 7% since February 28: Should you buy?
Gold prices have fallen almost 7% since February 28, despite ongoing geopolitical tensions.