Business

The Reserve Bank of India approved Emirates NBD Bank’s plan to acquire up to 74% stake in RBL Bank, subject to regulatory clearances. The deal would make RBL a foreign-owned subsidiary, marking a significant development in India’s banking sector

Global crude oil prices surged after US President Donald Trump warned of potential strikes on Iran, heightening supply concerns. Ongoing West Asia conflict disrupted Strait of Hormuz flows, pressured markets, impacted currencies, and kept investors cautious despite slight declines in gold prices

Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath, backing the state’s ambitious economic roadmap. Adani praised plans to make UP a USD 1 trillion economy by 2030, reaffirming investments, and later offered prayers at Ayodhya’s Ram Temple

Mahindra & Mahindra has announced a price hike of up to 2.5 per cent on its non-electric SUVs and commercial vehicles effective April 6, citing rising cost pressures. The average increase across its portfolio will be 1.6 per cent.

The Indian rupee recorded its biggest single-day gain in nearly 13 years, closing at 93.10 against the US dollar after the RBI tightened rules to curb speculation. Strong forex reserves and improved risk sentiment supported the sharp rally.

Indian stock markets ended higher for the second consecutive session, supported by gains in IT stocks and a stronger rupee. Benchmark indices recovered from early losses, while broader markets underperformed. Markets will remain closed on Friday due to Good Friday

India has 8.52 million tonnes of rare earth resources but remains dependent on imports due to low-grade deposits, regulatory limits and lack of processing capacity. The government is promoting domestic magnet manufacturing through incentives and infrastructure development

Bharti Airtel has reached 650 million customers globally, becoming the second-largest telecom operator by subscriber base. The company continues to grow in India and Africa, with strong gains in data users and opportunities to expand in rural and mobile broadband segments

Oil surged over 6% and Asian stocks fell after Donald Trump threatened stronger strikes on Iran. Uncertainty over the Strait of Hormuz and lack of ceasefire details rattled global markets; gold and silver declined

Gold and silver prices dropped sharply after Donald Trump’s remarks on the Middle East conflict disappointed ceasefire hopes. Weak sentiment, rising oil prices, and limited safe-haven demand pressured bullion markets despite ongoing geopolitical uncertainty

India’s defence exports hit a record Rs 38,424 crore in FY26, rising 62.66%. Backed by Narendra Modi’s vision, public and private sectors expanded global reach to 80+ countries, strengthening India’s position as a growing defence manufacturing hub

Benchmark indices Sensex and Nifty fell nearly 2 per cent in early trade amid rising geopolitical tensions after US President Donald Trump warned of intensified military action against Iran. Surging crude prices and persistent foreign investor outflows further weighed on domestic equities.

The rupee rebounded 151 paise from its record low in early trade after the Reserve Bank of India capped banks’ net open positions in the rupee forward market. However, rising crude prices, foreign capital outflows and a stronger dollar continue to pressure the currency.

Indian rupee surged 1.7%, its biggest gain in over 12 years, after Reserve Bank of India tightened curbs on currency speculation and offshore derivatives. Gains came amid global market weakness, rising crude prices, and falling Asian equities and domestic indices

The Central Board of Direct Taxes (CBDT) described the new Income Tax Act, 2025 as a significant step towards Viksit Bharat. Key changes include the introduction of a single "tax year" system, streamlined legislation, and provisions allowing taxpayers to claim TDS refunds even after filing delays.

IndiGo has announced a hike in fuel charges on domestic and international flights starting April 2, citing a sharp rise in aviation turbine fuel (ATF) prices due to global supply chain disruptions. The airline has introduced a distance-based surcharge for domestic routes and revised charges for international destinations.

On January 9, 2007, Jobs unveiled “three” breakthroughs — an iPod, a phone, and an internet device — then stunned the world: it's one device, And it's called the iPhone

The Reserve Bank of India announced that 98.45 per cent of Rs 2,000 banknotes withdrawn from circulation since May 2023 have been returned. Exchange facilities remain open at RBI offices and via India Post, while the notes continue to be recognised as legal tender.

Mahindra & Mahindra reported total auto sales of 99,969 vehicles in March 2026, up 21 per cent. Growth was driven by strong SUV and commercial vehicle demand, while the company also recorded all-time-high annual volumes across key segments

The National Stock Exchange (NSE) has partnered with Indian Gas Exchange Ltd to launch natural gas futures based on the Gas IndeX of India (GIXI), providing transparent risk management and enhancing liquidity in India’s domestic gas market

Israel Weapons Industries, via joint venture PLR Systems, delivered 2,000 NEGEV 7.62x51 LMGs to India under the 'Make in India' initiative. Technology transfer supports domestic defence manufacturing and strengthens India-Israel defence cooperation

The rupee gained 15 paise to 94.70 against the US dollar in early trade, supported by strong domestic equities and a weaker dollar. However, rising crude oil prices and sustained foreign fund outflows continued to exert pressure on the local currency.

Benchmark indices Sensex and Nifty surged in early trade as global markets rallied on hopes of de-escalation in the West Asia conflict. Strong Asian cues and gains in US markets boosted investor sentiment, even as Brent crude traded above USD 105 per barrel.

Jet fuel prices in New Delhi surged to a record 2.07 lakh per kilolitre amid global oil spikes from the West Asia conflict, though domestic airlines saw a limited rise. Commercial LPG rates also increased, raising operating costs