Business

Apple posted record March quarter revenue with strong double-digit growth across emerging markets, including India. CEO Tim Cook highlighted India’s expanding middle class and low market share as key growth opportunities, signalling continued investment and expansion in the country.

Aviation turbine fuel prices for international airlines rose over 5% in Delhi, marking a second monthly increase driven by global energy trends. Domestic carriers saw no change, as authorities maintained moderated rates while passing higher costs to foreign airlines

UAE’s exit from OPEC opens up strategic opportunities for countries like India amid ongoing regional conflicts

Telecom regulator Trai has released a consultation paper on spectrum allocation and pricing norms for Vehicle-to-Everything (V2X) communication, a step towards enabling autonomous and connected cars in India.

The Indian rupee ended 4 paise higher at 94.84 against the US dollar, supported by softer crude prices, though pressures from rising oil, FII outflows, and global uncertainties capped gains. Markets remain cautious amid US-Iran tensions and inflation concerns

India’s used-car market is expected to nearly double to $70 billion by FY31, driven by rising affordability, shorter replacement cycles, and increasing formalisation, according to a Redseer report. Annual used-car sales are projected to reach 10 million units during the period

Indian equity benchmarks Sensex and Nifty closed lower on Thursday as rising crude oil prices and escalating tensions between the United States and Iran weakened investor sentiment. Broader markets also declined, while IT and pharma stocks showed relative resilience amid volatility

Adani Ports and Special Economic Zone Limited reported a 16 per cent rise in FY26 net profit to Rs 12,782 crore, driven by record cargo volumes and strong growth in logistics and marine businesses. The company also crossed the 500 MMT cargo handling milestone

Gold and silver prices rose on Thursday amid rising crude oil prices and growing tensions in West Asia. Gold crossed Rs 1.50 lakh on MCX during intra-day trade, while silver also gained strongly as investors reacted to global uncertainty and geopolitical developments

Infosys will set up a 20-acre campus in Visakhapatnam with capacity for 7,000 employees, expanding its presence in Andhra Pradesh. The move highlights growing tech investment and local talent development in the region

India’s iPhone exports reached a record ₹2 lakh crore in FY26 under the PLI scheme, making Apple the top branded export contributor. Strong manufacturing growth boosted smartphone shipments, while Apple also announced leadership change with John Ternus replacing Tim Cook

Global oil prices surged as Brent crude crossed $125 amid stalled US-Iran talks and closure of the Strait of Hormuz. Escalating tensions in the Iran war triggered market uncertainty, impacting Asian stocks and raising energy concerns worldwide

India–New Zealand is uniquely positioned to generate jobs, deepen capabilities, and evolve from transactional engagement into an enduring and embedded partnership

Indiabulls Limited reported a 46.4 per cent rise in March quarter profitability, supported by strong real estate performance and business restructuring. The company also recorded healthy sales bookings, steady financial services growth and a robust project pipeline with long-term revenue visibility

Adani Power reported a 64 per cent rise in consolidated net profit to Rs 4,271 crore in Q4 FY26, supported by better operational efficiency and lower tax outgo. The company also maintained strong generation growth and continued expanding its long-term power supply agreements

IT and Industries Minister Duddilla Sridhar Babu inaugurated Heineken’s new Global Capability Centre in Hyderabad’s Financial District. The 76,000-square-foot facility will serve as a global hub for finance, technology and analytics, with plans to create around 1,600 jobs in the coming years

Experts say the fall of rial is likely to further fuel inflation, as rising dollar drives up cost of essential imports — from food and medicine to electronics and raw materials

Indian benchmark indices ended higher on Wednesday, although gains narrowed due to a sharp rise in global crude oil prices. Investors remained cautious amid geopolitical tensions, stalled US-Iran talks and volatility in energy markets, while select heavyweight stocks supported market sentiment

Gold and silver traded cautiously on the MCX ahead of the US Federal Reserve's interest rate decision. While both metals opened higher, they faced resistance at key levels. International markets remained mildly positive as investors weighed global macroeconomic uncertainties

Elon Musk testified against OpenAI and CEO Sam Altman, alleging a shift from nonprofit goals to profit-driven motives. The case could impact AI governance, philanthropy norms, and competition in the global artificial intelligence sector

The rupee weakened 13 paise to 94.81 against the US dollar in early trade, pressured by elevated crude oil prices and global uncertainty. Investor sentiment remained cautious ahead of the US Federal Reserve policy decision and continued foreign capital outflows.

Asian stocks mostly rose on Wednesday despite Wall Street losses, while oil slipped after UAE announced exit from OPEC. Investors tracked US-Iran tensions, Fed decision, and earnings. Regional indexes were mixed, with Hong Kong leading gains and Australia, Taiwan declining slightly

Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday, supported by blue-chip buying and positive Asian cues. Domestic institutional investors provided stability, offsetting foreign outflows, while global market sentiment remained cautious amid ongoing risk aversion.

The Ministry of Textiles is considering reducing or eliminating customs duty on cotton imports, in consultation with agriculture and finance ministries, to ease rising costs for industry, alongside reviewing duties on key inputs and export incentive schemes for the sector