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Business News

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06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Indian Government

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Federal Reserve

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.

06 Apr 2026
Iran

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.

06 Apr 2026
Personal Finance

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.

06 Apr 2026
Indian Rupee (INR)

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.

06 Apr 2026
HDFC Bank

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.

06 Apr 2026
Personal Finance

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.

06 Apr 2026
United States of America

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Bengaluru

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).

06 Apr 2026
Alia Bhatt

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.

06 Apr 2026
TL;DR

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).

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Stock Market

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Bharti Airtel

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.

06 Apr 2026
N Chandrasekaran

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
HDFC Bank

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Reserve Bank Of India (RBI)

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.

06 Apr 2026
TL;DR

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).

06 Apr 2026
TL;DR

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.

06 Apr 2026
Indian Economy

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Iran

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Air India

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Federal Reserve

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.

06 Apr 2026
TL;DR

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%.

06 Apr 2026
Wipro

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
Donald Trump

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.

06 Apr 2026
Reserve Bank Of India (RBI)

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

06 Apr 2026
TL;DR

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.

05 Apr 2026
Finance

Gold prices down 7% since February 28: Should you buy?

Gold prices have fallen almost 7% since February 28, despite ongoing geopolitical tensions.

05 Apr 2026
IndusInd Bank

IndusInd Bank's deposits, advances decline in Q4 FY26

IndusInd Bank has reported a mixed operational performance for the fourth quarter of fiscal year 2026 (Q4 FY26).

05 Apr 2026
Dabur

US-Iran war: FMCG firms report strong Q4 growth despite tensions

Leading fast-moving consumer goods (FMCG) companies have posted strong growth in the March quarter of FY26, despite geopolitical tensions in the Middle East.

05 Apr 2026
Amul

Amul crosses ₹1L crore turnover

Dairy giant Amul has hit a major milestone, with its total turnover surpassing ₹1 lakh crore in the last fiscal year.

05 Apr 2026
Bengaluru

IPL season boosts hospitality industry amid LPG crisis

The Indian Premier League (IPL) season 19, which started on March 28, has given a much-needed boost to India's restaurant and bar industry.

05 Apr 2026
Foxconn

Foxconn's Q1 revenue jumps 30% YoY on strong AI demand

Taiwanese tech giant Foxconn, the world's largest contract electronics manufacturer and NVIDIA's biggest server supplier, has posted a massive 29.7% jump in its first-quarter revenue year-on-year.

05 Apr 2026
Japan

Why Japanese government plans to open an office in India

Japan's Ministry of Foreign Affairs is planning to open an office in India.

05 Apr 2026
India

TV sales in India are falling. Reason? US-Iran war

The Indian television industry is facing a potential decline in sales due to rising production costs.

05 Apr 2026
India

How OMCs in India are tackling rising fuel costs

In a major development, Indian state-owned oil marketing companies (OMCs) have decided to cut the prices they pay refineries for petrol, diesel and other fuels.

Almost 40 companies filed for IPOs in India this March

A total of 38 companies, including SBI Funds Management and Manipal Health Enterprises, have filed their draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI) in March 2026.

05 Apr 2026
Reserve Bank Of India (RBI)

Will RBI change key policy rates this week?

The Reserve Bank of India (RBI) is expected to keep its key policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting, scheduled for April 6-8.

05 Apr 2026
Indian Premier League (IPL)

IPL is now worth more than $18B, says Kotak

The Indian Premier League (IPL) has transformed into a multi-billion-dollar economic powerhouse, according to a recent report by Kotak Mutual Fund.

05 Apr 2026
India

Hindustan Copper is vying for 'Navratna' status: Why it matters

Hindustan Copper Limited, a state-owned enterprise, is vying for the coveted 'Navratna' status in India.

05 Apr 2026
Foreign Investment

FPIs pull out ₹19,837cr from Indian equities in April

Foreign Portfolio Investors (FPIs) have continued their exit from Indian equities, withdrawing a massive ₹19,837 crore in just the first two trading sessions of April.