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INDIA BUSINESS | Fri, 1 May 2026, 1:12AM IST Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for bullion trade.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 1:10AM IST Total domestic fertiliser production stood at 62.37 lakh tonnes during March-April, while imports were at 15.39 lakh tonnes

Continue reading at The Hindu

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INDIA BUSINESS | Fri, 1 May 2026, 1:05AM IST NCLT Special Bench adjourns hearing, citing jurisdiction; Sebi seeks time for rejoinder as minority shareholders move intervention applications

Continue reading at Business Standard

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INDIA BUSINESS | Fri, 1 May 2026, 12:56AM IST The Department of Telecommunications (DoT) has reduced Vodafone Ideas adjusted gross revenue (AGR) liabilities by about 27%, providing significant financial relief to the telecom operator.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:52AM IST Indias oral rehydration solution (ORS) market has declined after regulatory action restricted the labelling of sugary drinks as ORS, affecting pharmaceutical companies that depend on seasonal demand.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:50AM IST HUL's volume growth exceeded expectations, driven by home care and beauty segments. However, rising input costs pressured margins, leading to a 2-5% price increase on products. The company aims to protect sales volume with calibrated price adjustments. HUL anticipates continued execution buoyancy in FY27, supported by premiumization and quick commerce growth. The company has retained its FY27 Ebitda margin guidance.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:46AM IST Unilever has said that supply chain disruptions and rising crude-linked input costs could pressure smaller local competitors in India, potentially easing price competition in the consumer goods sector. Speaking during the companys earnings call, CEO Fernando Fernandez noted that shortages faced by some local players in India and Southeast Asia may strengthen Unilevers ability to pass on price increases in the future, particularly in categories such as laundry products.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:45AM IST Federal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 cards. The acquisition will boost Federal Bank's existing credit card base. It will also strengthen its presence in major Indian cities. The transaction is expected to conclude by the end of 2026.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:41AM IST State Bank of India has elevated eight Chief General Managers to Deputy Managing Director positions. These promotions align with the bank's annual cycle. New DMDs are being assigned departments as existing officials retire. Several retirements are scheduled between June and September. This strategic move ensures continuity in leadership across key banking functions.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:39AM IST Bank deposit rates across the Indian banking system rose in March 2026, according to data released by the Reserve Bank of India. The weighted average domestic term deposit rate (WADTDR) on fresh rupee deposits increased by 42 basis points to 6.07% in March from 5.65% in February.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:39AM IST The Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration award do not constitute a taxable 'supply of service'. The court found the revenue department's attempt to levy GST on the settlement of the arbitral award to be unjustified, setting aside the show cause notice.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:36AM IST Union Railways Minister Ashwini Vaishnaw launched the 20-coach Vande Bharat Express in Jammu and Kashmir. This marks the first direct rail link between Jammu and Srinagar. The service reduces travel time and provides an all-weather connection. The train is popular and has become a lifeline for the region. Future plans include connecting Poonch, Rajouri, and Uri to the rail network.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:24AM IST Ten years on, the Pradhan Mantri Ujjwala Yojana has provided clean cooking fuel to over 10 crore women. This initiative has significantly improved household health and reduced time spent on fuel collection. Women are now participating more in economic activities, gaining a stronger voice.

Continue reading at Economic Times

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INDIA BUSINESS | Fri, 1 May 2026, 12:02AM IST India's textile production saw a significant drop in March. Key sectors like readymade garments and cotton goods faced challenges. Rising costs for raw materials, packaging, and chemicals squeezed manufacturers. Disruptions from the Iran war affected shipments and increased freight expenses. This situation is putting pressure on industry margins and output.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:48PM IST The National Financial Reporting Authority (National Financial Reporting Authority) has begun a major internal restructuring to separate its investigation and disciplinary work into different divisions. The move is aimed at reducing any possible conflict of interest and improving procedural fairness in how audit-related cases are handled.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:41PM IST RPG Life Sciences is prioritizing its API business for future growth, planning a significant acquisition to scale operations. The company also aims to enter the GLP-1 weight-loss therapy market by August-September. Despite geopolitical risks, RPG Life Sciences is strategically focusing on niche, complex molecules and expanding into new therapy areas.

Continue reading at Economic Times

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GLOBAL NEWS | Thu, 30 Apr 2026, 11:40PM IST Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central banks independence.

Continue reading at The New York Times

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:37PM IST Hindustan Unilever saw a significant surge in sales from hyperlocal delivery platforms, doubling in FY26. E-commerce sales also experienced robust growth exceeding 25 percent. This success is attributed to a dedicated quick commerce team and a strong omni-channel strategy. The company is enhancing its presence across various channels to drive sustained growth.

Continue reading at Economic Times

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INDIA NEWS | Thu, 30 Apr 2026, 11:32PM IST The man accused of attempting to assassinate President Donald Trump at a black-tie press gala in Washington agreed on Thursday to remain in custody while his case moves forward.The suspect, Cole Allen, 31, would not immediately contest prosecutors' arguments that he was a danger to the community and should remain in jail, his attorney, Tezira Abe, said during a court hearing.Allen allegedly stormed a security checkpoint and fired a shotgun outside the White House Correspondents' Dinner on Saturday.Prosecutors argued Allen carefully planned to attack Trump and other officials in his administration as they dined with some 2,600 journalists, politicians and others in a ballroom at the Washington Hilton hotel.They alleged in a legal filing that Allen traveled by train from his California hometown to Washington armed with the shotgun, a .38-caliber pistol as well as knives and daggers and was "willing to commit a mass shooting inside a room full of the highest-ranking officials in the U.S. government."Allen is charged with attempted assassination, discharging a firearm during a crime of violence and illegally transporting guns and ammunition across state lines. He has not yet entered a plea.In court filings, his defense lawyers highlighted what they called flaws in the government's case, including questions about whether Allen shot a U.S. Secret Service agent, as officials initially claimed.Allen's defense team said he had no prior arrests or convictions and was an active member of his Christian church family.Prosecutors have not alleged in court that Allen shot the agent, who officials said was struck by gunfire but was spared serious injury by his ballistic vest.Allen is accused of firing the shotgun toward a set of stairs that led down to the ballroom. A U.S. Secret Service agent heard a "loud bang" and a spent casing was found in the barrel of the shotgun, according to court documents.Prosecutors allege Allen intended to target Trump, citing an email Allen allegedly sent to relatives on the night of the shooting in which he appeared to refer to Trump as a traitor and a criminal. The email does not mention Trump by name but refers to targeting administration officials from highest to lowest rank.

Continue reading at Economic Times

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GLOBAL NEWS | Thu, 30 Apr 2026, 11:32PM IST The Bank of England and European Central Bank held interest rates steady on Thursday, as officials search for signs of possible longer-term damage and warn of the impact of a prolonged energy shock.

Continue reading at The New York Times

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:32PM IST Financial Services Secretary M Nagaraju urged banks to adopt the RBI's MuleHunter AI tool to combat financial cyber frauds and mule accounts. A meeting reviewed digital fraud trends and emphasized strengthening coordinated efforts between law enforcement and banks, including real-time intelligence sharing, to enhance customer protection.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:31PM IST India's telecom regulator TRAI is exploring spectrum rules for vehicle communication. This move paves the way for autonomous cars. The Department of Telecom has requested suggestions on spectrum assignment and pricing for roadside units. This technology will allow vehicles to exchange real-time information. It aims to improve road safety and traffic management. Stakeholders can submit comments by May 28, 2026.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:31PM IST An Akasa Air pilot passed away from a heart attack while undergoing training in Bengaluru. The captain was around 44 years old. The airline confirmed the incident and is providing support to the family. This marks the second pilot death at an Indian carrier in two days, following an Air India pilot's death in Bali.

Continue reading at Economic Times

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INDIA MARKET | Thu, 30 Apr 2026, 11:29PM IST Aung San Suu Kyi and Min Aung Hlaing.

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INDIA MARKET | Thu, 30 Apr 2026, 11:29PM IST Arshad Khan picked up his career-best IPL figures of 3/22 as GT bowled out RCB for just 155.

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INDIA MARKET | Thu, 30 Apr 2026, 11:29PM IST The government has also clarified that there is no change in excise duties on petrol and diesel meant for domestic consumption.

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GLOBAL NEWS | Thu, 30 Apr 2026, 11:29PM IST Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.

Continue reading at The New York Times

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INDIA MARKET | Thu, 30 Apr 2026, 11:26PM IST There is no change in excise duty on petrol and diesel meant for domestic consumption

Continue reading at Business Standard

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INDIA MARKET | Thu, 30 Apr 2026, 11:20PM IST Mamata Banerjee said she will guard the EVMs myself.

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INDIA BUSINESS | Thu, 30 Apr 2026, 11:19PM IST Indian banks are strengthening their finances. They are creating special funds to handle risks from the West Asia crisis. This proactive step aims to protect against potential credit issues. Banks like Axis Bank, Union Bank of India, Indian Overseas Bank, and Indian Bank are setting aside significant amounts. This move ensures resilience and prudent risk management amid global uncertainties.

Continue reading at Economic Times

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