The Indian government is reportedly considering an increase in import duty on gold and silver as policymakers look for ways to control the widening trade deficit and support the falling Indian Rupee. The possible move comes at a time when precious metal imports have surged sharply, putting additional pressure on India’s foreign exchange reserves and…
The Indian Rupee has once again slipped to a historic low against the US Dollar, raising concerns across financial markets and among common citizens. The continuous fall in the INR vs USD exchange rate is not just a currency issue—it directly impacts inflation, fuel prices, imports, foreign investments, travel costs, and the overall Indian economy….
Indian stock markets witnessed a decline in the latest trading session, with both benchmark indices—BSE Sensex and Nifty 50—closing in the red. The fall was largely driven by heavy selling in banking and pharma stocks, along with weak global cues and investor caution. Market Ends Lower Amid Selling Pressure The market opened on a weak…
New Delhi: In a significant shift in Asia’s wealth rankings, Gautam Adani has emerged as the richest person in Asia, surpassing Mukesh Ambani, according to the latest update from the Bloomberg Billionaires Index. Adani’s net worth has climbed to $92.6 billion (approximately ₹8.59 lakh crore), pushing him ahead of Ambani, whose fortune currently stands at…
Tech giant Oracle has initiated a fresh round of layoffs in 2026. Reports suggest the move was not entirely sudden, as the company had already indicated workforce restructuring in its fiscal Q3 earnings report. In the earnings filing, Oracle mentioned reorganising product development teams into smaller, more focused groups. The company also highlighted the increasing…
Kotak Mahindra Bank has reported steady growth in its provisional fourth-quarter business update. The private sector lender posted healthy expansion in both lending and deposit mobilisation. According to the update, the bank’s net advances grew around 16% year-on-year to approximately ₹4.80 lakh crore. On a sequential basis, advances also showed a moderate increase, reflecting sustained…
Venu Srinivasan, Chairman Emeritus of TVS Motor Company, has resigned from the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, an affiliate trust connected to the Tata Trusts. The resignation comes amid discussions and legal scrutiny regarding the eligibility criteria for trustees in the charitable institution. Srinivasan cited other professional commitments as the reason for stepping…
New Bill Targets Chipmaking Tools A bipartisan group of US senators has introduced the MATCH Act to restrict China’s access to advanced semiconductor manufacturing equipment. The legislation aims to expand export controls beyond finished AI chips and focus on the tools required to produce them. Closing Loopholes in Tech Exports Lawmakers say existing rules allow…
Former US President Donald Trump has announced plans to impose tariffs of up to 100% on certain imported pharmaceutical products. The move aims to reduce drug prices in the United States and encourage companies to shift manufacturing back to America. Key Details of the Proposal The tariff will primarily target branded and patented medicines manufactured…
Hindustan Petroleum Corporation Limited (HPCL) has assured that it is maintaining smooth and uninterrupted supply of LPG and automotive fuels across the country, even amid concerns over potential supply disruptions. The company stated that it delivered 14.1 lakh LPG cylinders from its 55 bottling plants in a single day. In addition, it supplied 27,800 cylinders…
Mumbai commuters will soon get better connectivity as Metro Lines 2B and 9 begin partial operations from April 3, 2026. The Mumbai Metropolitan Region Development Authority (MMRDA) has completed safety checks and trial runs, paving the way for passenger services on select stretches of both corridors. Operational Sections Metro Line 2B (Yellow Line): The first…
Gold and silver prices witnessed a decline on April 2, 2026, in line with weakness in global precious metal markets. According to market data, 24-carat gold was trading around ₹14,800 – ₹15,200 per 10 grams in major cities, while 22-carat gold stood near ₹13,600 – ₹13,900 per 10 grams. Silver prices also eased during the…
Elon Musk could soon become the world’s first trillionaire. This may happen if his company SpaceX successfully launches its much-awaited IPO. SpaceX has confidentially filed for an IPO. The company could be valued at $1.5 trillion to $1.75 trillion. It is expected to raise up to $75 billion, making it one of the largest IPOs…
The new financial year beginning April 1, 2026 has brought price revisions in several essential items, impacting both households and businesses across India. Commercial LPG Cylinder Prices Increase Oil marketing companies have hiked the price of 19-kg commercial LPG cylinders by ₹195.50. In Delhi, the new price stands at ₹2,078.50. This increase will mainly affect…
The Central Bureau of Investigation (CBI) has registered a fresh FIR against industrialist Anil Ambani and Reliance Communications (RCom) in connection with an alleged bank fraud involving loans worth over ₹1,085 crore. The case was filed based on a complaint from Punjab National Bank (PNB) and the erstwhile United Bank of India. The alleged irregularities…
Mass Layoffs Shake Oracle Workforce US-based tech giant Oracle has reportedly laid off nearly 30,000 employees worldwide, with India emerging as one of the worst-hit regions. Around 12,000 employees in India lost their jobs as part of the company’s large-scale restructuring exercise. Employees Notified Through Sudden Emails Many employees received termination emails early in the…
Jet fuel prices in India have reached an unprecedented level, crossing ₹2 lakh per kilolitre for the first time, sending shockwaves across the aviation sector. The surge comes amid escalating global tensions and rising crude oil prices. Global Crisis Drives Fuel Surge The sharp rise in Aviation Turbine Fuel (ATF) is linked to geopolitical instability…
Akasa Air has suspended flights to and from Doha (Qatar), Riyadh (Saudi Arabia), and Kuwait City (Kuwait) until April 5, 2026. The decision comes as a precautionary measure due to escalating geopolitical tensions in West Asia. The low-cost carrier is closely monitoring the situation and may revise operations based on real-time safety assessments. Safety-First Approach…
In a significant development, an Indian business delegation has reached China after a gap of more than five years. The visit is seen as a key step towards reviving commercial ties between the two major Asian economies. The delegation, led by the Punjab, Haryana, Delhi Chambers of Commerce and Industry (PHDCCI), is visiting major industrial…
Vedanta Board Takes Two Major Decisions Amid Group Demerger Plan The board of Vedanta Limited held a meeting on March 31, 2026 and approved two important governance-related decisions as the company moves ahead with its major demerger plan. Key Board-Level Changes The board approved the continuation of Deendayal Jalan as Non-Executive Independent Director, ensuring continuity…
India’s largest airline IndiGo has appointed global aviation veteran William “Willie” Walsh as its new Chief Executive Officer. The move comes after the resignation of former CEO Pieter Elbers in March 2026. Walsh, who is currently Director General of the International Air Transport Association (IATA), is expected to join IndiGo no later than August 3,…
Rupee Slides to Historic Low The Indian rupee breached the 95 mark against the US dollar for the first time, hitting an all-time intraday low near 95.22 before settling slightly stronger. The currency initially opened higher after regulatory steps by the Reserve Bank of India (RBI), but the gains quickly faded as market pressure intensified….
AI Is Transforming the Way Medicines Are Developed Artificial intelligence is rapidly changing the pharmaceutical industry. Major drugmakers are investing billions in AI tools to speed up the discovery and development of new medicines. A recent standout example is the collaboration between Eli Lilly and Insilico Medicine. Announced on March 29, 2026, the deal is…
Company Decides Not to Renew Dunkin’ Franchise Agreement Jubilant FoodWorks has announced that it will exit the Dunkin’ business in India once the current franchise agreement with the US-based brand expires on December 31, 2026. The company has confirmed it will not seek renewal of the development and franchise agreement beyond this date. The partnership,…
Former HDFC Bank Chairman Breaks Silence on Sudden Exit Former part-time Chairman of HDFC Bank, Atanu Chakraborty, has finally addressed the intense speculation surrounding his abrupt resignation. In a detailed interview on March 30, 2026, he made it clear that his decision was not triggered by any single incident but by a growing sense of…
Compact Service Hubs for Urban Convenience The company introduced container-based service units designed for quick setup and minimal space usage. These hubs are strategically placed in high-traffic areas such as corporate offices, airport zones, and fleet hubs. Customers can now access routine maintenance and minor repairs without visiting traditional workshops. Focus on Time-Saving and Efficiency…
New Delhi: With the financial year 2025–26 coming to an end, March 31 has emerged as a crucial deadline for taxpayers and investors across India. Experts warn that missing important financial tasks before this date could lead to penalties, loss of tax benefits, or even inactive accounts. One of the most critical tasks is maintaining…
RBI Moves to Curb Speculation The Reserve Bank of India has imposed fresh restrictions on banks to limit speculative bets against the rupee. Lenders must cap their net open foreign exchange positions at $100 million by the end of each trading day, starting April 10. The move marks one of the strongest policy actions in…
IndiGo has announced a major expansion of its domestic network by introducing more than 30 new routes from Navi Mumbai International Airport. The rollout begins March 29 and will continue until April 23, improving air connectivity across India. Expansion Across Key Indian Cities The new routes will link Navi Mumbai with several important destinations, including…
New Delhi: Rajya Sabha member and BJP leader Laxmikant Bajpai on March 27, 2026 highlighted the problems faced by homebuyers under the Real Estate (Regulation and Development) Act (RERA) and urged the government to bring stricter measures for better protection. Speaking in Parliament, Bajpai pointed out that many homebuyers invest their hard-earned savings in residential…
Malabar Gold & Diamonds has announced a ₹200 crore Corporate Social Responsibility (CSR) plan for FY2026-27, focusing on education, healthcare and social welfare. Union Minister Piyush Goyal praised the move, calling it a boost to inclusive growth. Focus on education and empowerment The company will spend a major share on education, including scholarships for 33,000…
The Uttar Pradesh government has cancelled its ₹25,000 crore Memorandum of Understanding (MoU) with Bengaluru-based startup Puch AI after a detailed review raised financial concerns. The agreement, signed on March 23, aimed to boost artificial intelligence infrastructure in the state. Due diligence flags financial gaps Officials said the startup failed to provide required financial details…
New Delhi, India — March 25, 2026 The Union Cabinet, led by Prime Minister Narendra Modi, has formally approved a restructured version of the UDAN (Ude Desh ka Aam Nagrik) regional connectivity scheme with a total budget of ₹28,840 crore. This revised initiative aims to improve aviation links for underserved and remote regions across India…
India has reportedly secured around 60 million barrels of Russian crude oil for delivery in April, signaling a sharp rise in imports amid global supply disruptions. The move comes as Indian refiners seek stable energy sources during ongoing geopolitical tensions affecting traditional supply routes. Rising Dependence on Russian Oil The latest purchase highlights India’s growing…
Massive Disruptions Hit West Asia Routes Air India has cancelled nearly 2,500 flights to West Asia over the past three weeks as tensions in the region continue to disrupt air travel. The airline now operates only about 30% of its usual schedule due to restricted airspace and airport closures. Safety Concerns and Rising Costs The…
Air India is preparing to implement a stricter health policy that links cabin crew fitness directly to their job roles and salaries. The airline will assess employees using Body Mass Index (BMI), and those outside acceptable limits may lose flying duties or face pay cuts. BMI-Based Rules To Decide Flying Eligibility The new policy, effective…
Atanu Chakraborty Resigns Over Ethical Concerns Former HDFC Bank chairman Atanu Chakraborty has stepped down from his position, citing differences related to “values and ethics.” His resignation came into effect immediately and has raised questions around internal practices at India’s largest private lender. Chakraborty stated that certain developments within the bank over the past two…
Talks Continue Despite Delay The Indian government has said the formal signing of the proposed trade agreement with the United States will take place only after a new tariff framework is finalised. Officials clarified that negotiations between the two countries are still ongoing and both sides remain engaged in discussions. Tariff Structure Key To Final…
Gold and silver prices in global markets have experienced a decline even as geopolitical tensions between the United States and Iran continue to escalate. The ongoing conflict in the Middle East has created significant volatility in commodity markets, influencing investor sentiment and trading activity. Market analysts say that while precious metals are often considered safe-haven…
The Indian rupee recovered slightly from its record low levels but still ended weaker against the US dollar, closing at ₹92.17 on Thursday. The local currency settled 16 paise lower compared to its previous close, reflecting continued pressure from global economic factors. At the interbank foreign exchange market, the rupee opened at around ₹92.25 per…
Leadership Change at India’s Largest Airline In a major development in the Indian aviation sector, IndiGo CEO Pieter Elbers has resigned from his position with immediate effect, the airline’s parent company InterGlobe Aviation confirmed on Tuesday. The resignation comes just three months after the airline faced its worst operational crisis that disrupted thousands of flights…
The Indian government has directed oil refineries across the country to increase the production of liquefied petroleum gas (LPG) as tensions in the Middle East raise concerns about potential disruptions in energy supplies. The move aims to ensure that there is no shortage of cooking gas for millions of households in India despite the ongoing…
India’s Commerce and Industry Minister Piyush Goyal has assured that the government will take all necessary steps to support exporters facing difficulties due to the ongoing conflict in West Asia involving the United States and Iran. The escalating geopolitical tensions have begun affecting global shipping routes and increasing logistics costs, raising concerns among Indian exporters…
New Delhi / Global, March 1, 2026 — The reported death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, amid escalating conflict involving the United States and Israel has triggered significant movement in global commodity markets, particularly in crude oil, gold and silver prices. Investors are reassessing geopolitical risk and its potential impact on supply and…
New Delhi, March 1, 2026 — India’s Goods and Services Tax (GST) collection recorded another strong performance in February 2026, rising over 8 percent year-on-year to ₹1,83,093 crore, the Ministry of Finance reported. The figure reflects sustained economic activity and improved tax compliance across sectors. Breakdown of GST Components The total gross GST revenue for…
Thiruvananthapuram, February 28, 2026 — The Kerala government has officially announced the rollout of a new Assured Pension Scheme for state government employees, effective April 1, 2026. This decision aims to provide financial security to public servants by guaranteeing a minimum pension on retirement — a significant policy shift from the existing National Pension System…
New Delhi, February 27, 2026 — A new recruitment post by Deepinder Goyal, founder of Zomato, for his health-technology startup Temple has triggered a third round of debate on social media due to its unconventional hiring criteria. The unusual eligibility requirements — including specific body fat percentage standards — have drawn mixed reactions online, splitting…
New Delhi, Electric motorcycles are still a tiny fraction of India’s vast two-wheeler market, with traditional petrol-powered bikes holding around 65-70 percent market share, while electric motorcycles account for roughly only 0.1 percent of total sales, industry experts say. Even as electric two-wheelers (e2Ws) have seen rapid growth in recent years under supportive government policies,…
Gold and silver prices in India showed significant volatility on February 27, 2026, driven by global economic uncertainty and rising geopolitical tensions. While gold remained relatively stable with mild gains and fluctuations, silver recorded a sharp surge, attracting strong investor interest in the bullion market. According to market data, gold prices in India hovered around…
New Delhi / Mumbai, February 26, 2026 — The Enforcement Directorate (ED) has once again summoned billionaire industrialist Anil Ambani in connection with an ongoing bank fraud and money-laundering investigation linked to his former company Reliance Communications (RCOM), while also seizing his luxury Mumbai residence valued at ₹3,716 crore under the Prevention of Money Laundering…
New Delhi, February 26, 2026 — India’s Ministry of Statistics and Programme Implementation (MoSPI) is set to release a revised Gross Domestic Product (GDP) series with 2022-23 as the new base year, replacing the outdated 2011-12 framework. This significant shift will incorporate recently available data sources such as Goods and Services Tax (GST) returns, domestic…
New Delhi, February 25, 2026 — India’s Union Agriculture Minister Shivraj Singh Chouhan has proposed a significant reform in the way fertiliser subsidies are distributed, suggesting that the subsidy should be transferred directly into farmers’ bank accounts instead of being routed through fertiliser companies. Speaking at the Pusa Krishi Vigyan Mela held at the Indian…
New Delhi: Indian stock markets witnessed a strong comeback on Wednesday, with benchmark indices showing significant gains after recent volatility. The rally was mainly driven by a sharp recovery in IT stocks, boosting investor confidence across sectors. The Nifty 50 index crossed the crucial 25,600 mark, while the Sensex surged over 700 points during early…
Washington, February 25, 2026 — In his 2026 State of the Union address, US President Donald Trump strongly defended his tariff policy despite recent legal setbacks and criticism over its economic impact. Speaking before a joint session of the United States Congress, Trump reiterated that tariffs on imported goods are a core part of his…
Washington, February 25, 2026: The United States Commerce Department has announced preliminary countervailing duties of 126 percent on solar panels and cells imported from India as part of a broader trade action targeting alleged government subsidies that give foreign manufacturers an unfair advantage in the American market. The decision, which also includes duties on solar…
Panama City, February 24, 2026 — The Panamanian government has taken administrative and operational control of two major ports at both entrances of the Panama Canal from Hong Kong-based conglomerate CK Hutchison Holdings after the nation’s Supreme Court ruled the concession unconstitutional. The ports — Balboa on the Pacific side and Cristóbal on the Atlantic…
New Delhi, February 24, 2026: India’s economy is projected to continue its strong growth trajectory, with GDP growth likely to reach around 8 percent in the third quarter (October-December) of the 2025-26 fiscal year, according to a report by State Bank of India (SBI) Research. The assessment comes amid signs of robust domestic demand, with…
The global trade landscape has been shaken after Donald Trump’s aggressive tariff policies faced a major legal setback from the US Supreme Court, triggering what experts are calling a full-blown tariff crisis in 2026. The ruling has not only disrupted US economic strategy but also opened new opportunities for countries like India and China. The…
Gold and silver prices witnessed a noticeable surge on 23 February 2026, reflecting strong demand in the bullion market. The rise in prices comes amid global economic uncertainty, fluctuations in currency markets, and increased investor inclination toward safe-haven assets like gold. Gold Prices See Fresh Upside On Monday, gold prices recorded a significant increase across…
Shares of IDFC First Bank plunged sharply on Monday following the lender’s disclosure of a suspected fraud worth approximately ₹590 crore at one of its branches in Chandigarh. The stock’s sharp fall has rattled investors and triggered broader market attention. How the Stock Reacted In early trading, the bank’s stock dropped as much as 20%…
Indian equity markets opened sharply higher on Monday, February 23, 2026, with benchmark indices advancing on broad-based buying and strong global cues. The Nifty 50 index climbed above 25,700, while the BSE Sensex crossed the 83,300 mark, propelled by significant gains in banking and financial stocks. Market Rally Driven by Global Sentiment The strong market…
India’s renewable energy sector is witnessing another major milestone as CleanMax Enviro Energy Solutions launches its Initial Public Offering (IPO) on 23 February 2026. The IPO has already generated strong buzz among investors due to the company’s solid presence in the clean energy segment and rising demand for sustainable power solutions. IPO Opening Date and…
The day of 23 February 2026 brought a mix of political, economic, and global tech developments that are important for students, aspirants, and general readers. From a major book launch dedicated to one of India’s most respected leaders to leadership changes in the global gaming industry ahead of a highly anticipated release, several key updates…
Indian Stock Market Shows Recovery Amid Volatility The Indian stock market ended the previous session on a positive note, recovering from earlier losses and showing resilience despite global uncertainties. Benchmark indices like the Nifty 50 and BSE Sensex registered gains, supported by value buying in fundamentally strong stocks. The Sensex rose over 300 points, while…
Microsoft Gaming, the parent division of Xbox and one of the most influential names in the global video game industry, has announced a major leadership change. Asha Sharma has been appointed as the new Chief Executive Officer, replacing longtime leader Phil Spencer, who is retiring after nearly four decades with Microsoft. Phil Spencer’s Legacy Phil…
In a significant development in global trade politics, former US President Donald Trump has stated that there will be “no change” in the ongoing India-US trade deal, even after recent turbulence caused by tariff-related legal developments. Trump also described Indian Prime Minister Narendra Modi as a “very good friend,” reaffirming strong diplomatic ties between the…
India is preparing for a major transformation in its highway infrastructure as the government moves toward a completely cashless toll payment system. Starting April 1, 2026, cash transactions at National Highway toll plazas may be discontinued, making digital payments mandatory across the country. The initiative, led by the National Highways Authority of India (NHAI), aims…
Gold and silver prices have witnessed a sharp rise in the domestic bullion market, signaling renewed momentum in precious metals. In the latest update, gold prices have increased by around ₹2300, while silver has recorded a significant jump of ₹8000 per kilogram. With this surge, gold is now trading close to ₹1.15 lakh per 10…
Apple has officially announced a “Special Apple Experience” event scheduled for March 4, 2026, with media gatherings planned in New York, London, and Shanghai. The event is expected to focus on new product reveals and hands-on demonstrations for select press members. Unlike Apple’s traditional launch keynotes, this event is being described as more intimate and…
In a major shift for U.S. automotive regulations, the Trump administration and the U.S. Environmental Protection Agency (EPA) have announced the end of credits that incentivized the widely disliked auto start-stop feature in cars. The feature, designed to temporarily shut off the engine when a vehicle is idle, has been labeled “almost universally hated” by…
Samsung has officially launched its latest budget-friendly 5G smartphone, the Samsung Galaxy F70e 5G, in India, expanding its Galaxy F-series lineup with a feature-rich device targeting price-conscious buyers. The Galaxy F70e 5G is designed to deliver big battery life, a capable camera setup, and smooth performance at an affordable price point, making it a strong…
New Delhi: Gold and silver prices touched record highs on 23 January 2026 in both domestic and international markets, driven by a weak US dollar, rising geopolitical tensions, and growing demand for safe-haven assets. In the international market, gold was trading close to $4,950 per ounce, while silver also climbed to fresh highs. In the…
Tesla’s India Expansion Picks Up Speed Tesla India has announced that it will soon open its fourth showroom in Bengaluru, marking another big step in its rapid expansion across the country. The company teased the move on X (formerly Twitter) with a post saying, “See you soon in Namma Bengaluru.” With this, Tesla is strengthening…
Parliamentarian Manoj Kumar Jha, a member of the Consultative Committee for the Ministry of Agriculture and Farmers’ Welfare, has written to the Prime Minister seeking urgent intervention in the ongoing concerns of gig and platform workers across India. In a letter shared on X, Jha said the nationwide protests by gig workers on Christmas and…
China has once again stunned the world in high-speed transportation innovation. In a groundbreaking test, Chinese scientists accelerated a maglev train to an astonishing 700 km/h in only two seconds, establishing a new world record in superconducting magnetic levitation technology. Record-Breaking High-Speed Maglev Achievement The test was conducted by researchers from the National University of…
Booking a cab in India is set to become safer and more transparent, especially for women passengers. Under the revised Motor Vehicle Aggregator Guidelines, 2025, the central government has directed cab aggregators like Ola, Uber and Rapido to introduce a same-gender driver selection option in their apps. Alongside this, passengers will also be able to…
Amazon has announced one of its largest India commitments yet, revealing plans to invest $35 billion (₹3.14 lakh crore) in the country by 2030. The announcement was made during the company’s annual SMBhav Summit, signalling a major expansion into AI-driven digitisation, export growth, and job creation. This investment comes shortly after Microsoft pledged $17.5 billion…
New Delhi: In a landmark announcement, Microsoft has committed to invest US$ 17.5 billion (around ₹1.5 lakh crore) in India — its largest ever investment in Asia — to accelerate the country’s artificial intelligence (AI) infrastructure and digital ecosystem. The declaration came after Microsoft CEO Satya Nadella met Prime Minister Narendra Modi on Wednesday evening…
In a decisive move, the aviation regulator DGCA has ordered IndiGo to cut approximately 5 % of its daily flight schedule — affecting around 110–115 daily flights — and reassign those flights to other airlines, as part of efforts to restore stability after a wave of cancellations. The reduction comes after IndiGo — which operates…
