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April 1 (Reuters) - U.S. stock futures advanced on Wednesday, after the indexes saw their biggest one-day gains in nearly a year in the previous session, following President Donald Trump's comments that suggested a swift end to the Middle East conflict. Trump and Secretary of State Marco Rubio said on Tuesday that the end of the Iran war could be near, signaling potential for both direct talks with Iranian leadership and a winding down of the conflict without a deal. Trump is scheduled to addre ...Read More >
NEW DELHI/BENGALURU, April 1 (Reuters) - India's top carmaker, Maruti Suzuki (MRTI.NS), opens new tab, said on Wednesday that it will likely raise prices as the Middle East war has pushed up commodity prices, wiping out gains from last year's consumption tax cuts. The Iran war has driven up the prices of everything from oil and gas to key metals used in manufacturing vehicles. The carmaker, majority-owned by Japan's Suzuki Motor (7269.T), opens new tab, said it has not faced any supply disrupt ...Read More >
April 1 (Reuters) - The Reserve Bank of India on Wednesday barred authorized dealers from offering rupee non-deliverable forwards to resident and non-resident clients, further tightening foreign exchange rules as the South Asian currency faces persistent pressure. The central bank said that while lenders could offer deliverable foreign exchange derivative contracts to users to meet their hedging requirements, they need to ensure the clients have not taken an offsetting position in the non-deliv ...Read More >
NEW DELHI, April 1 (Reuters) - India said it would not apply its strict tax evasion rules on foreign investments made before April 2017, easing concerns among global investors on Wednesday after a court order in a Tiger Global case raised fears of retrospective scrutiny. A landmark Supreme Court ruling in December said Tiger Global must pay taxes on its $1.6 billion sale of a stake in an Indian company in 2018. The judges said Tiger Global used its Mauritius units that were only "conduits", and ...Read More >
NEW DELHI: Coal India's sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the U.S.-Israeli war against Iran. Coal India's offtake, or sales to customers, rose 0.7% to 69.5 million tons in March, despite a 1.5% drop in its provisional output to 84.5 million tons, the company said in a stock exchange filing. Also Read: Iran war's gas supply shock pushes top consumer ...Read More >
New Delhi, April 1 (Reuters): Coal India's (COAL.NS), opens new tab sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the U.S.-Israeli war against Iran. Coal India's offtake, or sales to customers, rose 0.7% to 69.5 million tons in March, despite a 1.5% drop in its provisional output to 84.5 million tons, the company said in a stock exchange filing. The state-run co ...Read More >
New Delhi, April 1 (Reuters): Indian fuel retailers raised jet fuel and commercial liquefied petroleum gas (LPG) prices on Wednesday, following a sharp spike in global prices due to the U.S.-Israeli war on Iran. India, the world's second-largest LPG importer, is battling its worst gas crisis in decades, with the government cutting supplies for industries to shield households from cooking gas shortages. Domestic fuel retailers have raised prices of aviation turbine fuel by 8.6% to 104,927 rupee ...Read More >
NEW DELHI, April 1 (Reuters) - Coal India's sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the U.S.-Israeli war against Iran. Coal India's offtake, or sales to customers, rose 0.7% to 69.5 million tons in March, despite a 1.5% drop in its provisional output to 84.5 million tons, the company said in a stock exchange filing. The state-run company accounts for over ...Read More >
NEW DELHI: India does not plan to go ahead with auctioning deep-sea mining rights due to a lack of technological preparedness and expectations of a weak response from potential bidders, two sources familiar with the matter told Reuters. In November of 2024, India had announced the maiden auction of 13 offshore mineral blocks that included three lime mud blocks, three construction sands blocks and seven polymetallic nodules blocks in the first tranche. The blocks contained critical minerals, ...Read More >
The Australia Today -India's surge in refined diesel exports is emerging as an important pressure valve for Australia's fuel market, helping keep regional supply moving at a time when diesel shortages and price shocks have rattled service stations across the country. Shipping data reported by Reuters shows India's diesel exports to Southeast Asia climbed to a more than seven-year high in March, with traders specifically tapping Indian supply for Southeast Asia and Australia after the war-linked ...Read More >
NEW DELHI - Indian fuel retailers raised jet fuel and commercial liquefied petroleum gas (LPG) prices on April 1, following a sharp spike in global prices due to the Iran war. India, the world's second-largest LPG importer, is battling its worst gas crisis in decades, with the government cutting supplies for industries to shield households from shortage of cooking gas. Domestic fuel retailers have hiked prices of aviation turbine fuel by 8.58 per cent to 104,927 rupees (S$1,430) per kilolitre ...Read More >
SINGAPORE: India's diesel exports to South-East Asia surged to the highest in more than seven years in March, shipping data showed, as traders pivoted supply to cover short positions and refiners cashed in on higher profits in Asia caused by the US-Israeli conflict with Iran. The surge in exports could boost spot sale margins for Indian refiners who have purchased large volumes of prompt Russian crude to replace Middle East supply disrupted by the conflict. About one million metric tonnes (7.4 ...Read More >
Bengaluru - Cloud computing company Oracle is laying off thousands of employees, CNBC reported on March 31, citing two people familiar with the matter. The company declined to comment on the job cuts, although several social media users shared details on platforms such as Reddit, X and anonymous workplace network Blind, triggering uncertainty and confusion among employees. The layoffs come amid Oracle's aggressive push to ramp up spending on artificial intelligence infrastructure to better com ...Read More >
NEW DELHI: A day before Zionist entity and the United States attacked Iran on February 28, the Indian flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates' Ruwais port, hoping to reach home within a week. However, it would be nearly three weeks before the vessel safely transited the Strait of Hormuz, after Iran began selectively allowing ships through the narrow waterway. Pine Gas Chief Officer Sohan Lal said the ship's 27 Indian crew had seen missiles and drones flying overhead ...Read More >
March 31 (Reuters) - More than 3 million Indian officials are to spend a year counting every single person in the world's most populous nation, a mammoth task delayed in part by the COVID-19 pandemic. The once-in-a-decade population survey, originally due in 2021, will start on April 1 with a short window for citizens who wish to register themselves online, the government said on Monday. There will then be two phases of physical door-to-door surveys. The first will list houses and housing con ...Read More >
NEW DELHI, March 31 (Reuters) - Former India players Mohammad Kaif and Piyush Chawla would love to see Vaibhav Sooryavanshi, who turned 15 on Friday, fast-tracked into India's Twenty20 squad following the teen's latest heroics in the Indian Premier League (IPL). Sooryavanshi had a sensational debut season in the IPL last year, hitting the first ball he faced for six and later smashing a 35-ball hundred in another match. He was the player of the tournament in India's Under-19 World Cup victory ...Read More >
NEW DELHI, March 31 (Reuters) - India appointed a senior bureaucrat to lead its aviation regulator on Tuesday, with the incumbent moving to another government role following a tough year for the country's civil aviation sector. The government named Vir Vikram Yadav, additional secretary in the Ministry of Environment, Forest and Climate Change, as the chief of the Directorate General of Civil Aviation (DGCA), as part of a wider reshuffle of roles. The current head of the DGCA, Faiz Ahmed Kidwa ...Read More >
NEW DELHI, March 31 (Reuters) - A day before Israel and the United States attacked Iran on February 28, the Indian‑flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates' Ruwais port, hoping to reach home within a week. However, it would be nearly three weeks before the vessel safely transited the Strait of Hormuz, after Iran began selectively allowing ships through the narrow waterway. Pine Gas Chief Officer Sohan Lal said the ship's 27 Indian crew had seen missiles and drones f ...Read More >
NEW DELHI, March 31 (Reuters) - A day before Israel and the United States attacked Iran on February 28, the Indian‑flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates' Ruwais port, hoping to reach home within a week. However, it would be nearly three weeks before the vessel safely transited the Strait of Hormuz, after Iran began selectively allowing ships through the narrow waterway. Pine Gas Chief Officer Sohan Lal said the ship's 27 Indian crew had seen missiles and dro ...Read More >
NEW DELHI, March 31 (Reuters) - A day before Israel and the United States attacked Iran on February 28, the Indian‑flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates' Ruwais port, hoping to reach home within a week. However, it would be nearly three weeks before the vessel safely transited the Strait of Hormuz, after Iran began selectively allowing ships through the narrow waterway. Pine Gas Chief Officer Sohan Lal said the ship's 27 Indian crew had seen missiles and drones f ...Read More >
India's R. Praggnanandhaa will take on Uzbekistan's Javokhir Sindarov in the third round of the FIDE Candidates Tournament 2026 in Cyprus on Tuesday. Praggnanandhaa had beaten Dutch GM Anish Giri in the first round with white pieces, before playing out a draw with China's Wei Yi in the second round with black. LIVE UPDATES FROM THE BOARDWhere to watch Candidates Tournamet 2026 live? Candidates Tournament 2026 will be streamed LIVE on FIDE's YouTube channel. Published on Mar 31, 2026 Latest ...Read More >
NEW DELHI (Reuters) -- Indian low-cost carrier IndiGo named Willie Walsh, the current director general of the International Air Transport Association, as its new chief executive on Tuesday. Walsh's tenure as head of the global airline industry body comes to a close on July 31, and he is expected to ... ...Read More >
Singapore: India's diesel exports to Southeast Asia surged to the highest in more than seven years in March, shipping data showed, as traders pivoted supply to cover short positions and refiners cashed in on higher profits in Asia caused by the U.S.-Israeli war with Iran. The surge in exports could boost spot sale margins for Indian refiners who have purchased large volumes of prompt Russian crude to replace Middle East supply disrupted by the war.About 1 million metric tons (7.45 million barre ...Read More >
NEW DELHI, March 31 (Reuters) - Indian low-cost carrier IndiGo (INGL.NS), opens new tab named Willie Walsh, the current director general of the International Air Transport Association, as its new chief executive on Tuesday. Walsh's tenure as head of the global airline industry body comes to a close on July 31, and he is expected to join IndiGo no later than August 3, the airline said in a statement. Walsh's appointment comes weeks after Pieter Elbers abruptly stepped down as IndiGo's CEO foll ...Read More >
Mumbai: In a major leadership change, India's largest airline IndiGo has appointed William Walsh as its new Chief Executive Officer (CEO), according to a Reuters report. Walsh is a well-known global aviation leader and previously served as the chief of British Airways. His appointment is seen as an important step for the airline as it looks to strengthen its management. Change Comes After Recent Crisis The leadership change comes shortly after IndiGo faced a major operational crisis. The airl ...Read More >
NEW DELHI, March 31 (Reuters) - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates (JAIA.NS), opens new tab to Adani, a portfolio that includes homes, power, ceme ...Read More >
NEW DELHI - Indian billionaire Anil Agarwal is challenging fellow tycoon Gautam Adani's winning bid for a bankrupt real estate giant in the Supreme Court, intensifying the fight over a $4 billion pool of prized assets that includes the country's only Formula One track. Agarwal's Vedanta has mounted a legal challenge over a creditor committee's decision to award the assets of Jaiprakash Associates to Adani, a portfolio that includes homes, power, cement plants and the Buddh International Circu ...Read More >
March 31 (Reuters) - India's Zetwerk has filed confidential draft papers with the market regulator for its initial public offering, a newspaper advertisement on Tuesday showed. Earlier this month, Reuters reported that the contract electronics manufacturer was aiming to raise up to $550 million at a valuation of about $4 billion. The company is targeting a listing later this year, the sources said, adding that the IPO includes about $300 million in fresh equity, with the remainder coming from ...Read More >
NEW DELHI, March 31 (Reuters) - Former India players Mohammad Kaif and Piyush Chawla would love to see Vaibhav Sooryavanshi, who turned 15 on Friday, fast-tracked into India's Twenty20 squad following the teen's latest heroics in the Indian Premier League (IPL). Sooryavanshi had a sensational debut season in the IPL last year, hitting the first ball he faced for six and later smashing a 35-ball hundred in another match. He was the player of the tournament in India's Under-19 World Cup victo ...Read More >
NEW DELHI, March 31 (Reuters) - Former India players Mohammad Kaif and Piyush Chawla would love to see Vaibhav Sooryavanshi, who turned 15 on Friday, fast-tracked into India's Twenty20 squad following the teen's latest heroics in the Indian Premier League (IPL). Sooryavanshi had a sensational debut season in the IPL last year, hitting the first ball he faced for six and later smashing a 35-ball hundred in another match. He was the player of the tournament in India's Under-19 World Cup victory ...Read More >
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