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Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Monday, April 6, as crude oil prices climbed amid fears of further escalation in the West Asia the war. Relentless foreign fund outflows also dented markets' sentiment. The 30-share BSE Sensex declined 270.13 points to 73,049.42 in early trade. The 50-share NSE Nifty dropped 93.60 points to 22,619.50. Later, the BSE benchmark traded 509.77 points lower at 72,822.60, and the Nifty quoted 141.20 points down at 22,571.90. Fro ...Read More >
New Delhi: Congress leader Rahul Gandhi on Monday raised concerns over India's data sovereignty and asserted that the country should be leading the global tech race, but instead it is being kept in the dark about how its data will be protected. The Leader of Opposition in the Lok Sabha said India's data belongs to its people and in the AI economy, it can be one of its biggest strengths - to build AI, grow companies, and create jobs. "So I asked the government some important questions about the ...Read More >
New Delhi, Apr 6 (PTI) Congress leader Rahul Gandhi on Monday raised concerns over India's data sovereignty and asserted that the country should be leading the global tech race, but instead it is being kept in the dark about how its data will be protected. The Leader of Opposition in the Lok Sabha said India's data belongs to its people and in the AI economy, it can be one of its biggest strengths - to build AI, grow companies, and create jobs. "So I asked the government some important questio ...Read More >
Hyderabad: The Chintan Shivir on the Pharmaceutical Sector, organized by the Pharmaceutical Export Promotion Council of India (PHARMEXCIL), with the support of the Ministry of Commerce & Industry, Government of India, concluded successfully today in Hyderabad. This event marked the continuation of the series of discussions, following successful editions in Chandigarh and Ahmedabad, and served as a platform for strengthening India's pharmaceutical export agenda. The inaugural session, chaired by ...Read More >
In a notable development, The Reserve Bank is reported to likely keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis continues to nurture inflationary fears. The continuing geopolitical tensions in West Asia have resulted in increased volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows. As per economists interviewed by PTI, these developments have unprecedentedly compl ...Read More >
Guwahati (Assam) [India], April 6 (ANI): Assam Chief Minister Himanta Biswa Sarma on Monday asserted that the Congress is "finished" in the state, while reiterating his allegations of Pakistani links in the ongoing passport row involving Congress leaders Gaurav Gogoi and Pawan Khera over claims related to his wife, Riniki Bhuyan Sharma. Addressing a press conference, Sarma said, "Congress is finished in Assam. Just look at the 'Satta Bazar' rate yesterday. After making this allegation, the seat ...Read More >
Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia war. Relentless foreign fund outflows also dented markets' sentiment. The 30-share BSE Sensex declined 270.13 points to 73,049.42 in early trade. The 50-share NSE Nifty dropped 93.60 points to 22,619.50. Later, the BSE benchmark traded 509.77 points lower at 72,822.60, and the Nifty quoted 141.20 points down at 22,571.90. From the 30-Sensex f ...Read More >
Singapore/New Delhi, Apr 6 (PTI) IT services firm Wipro has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed USD 1 billion (about Rs 9,314 crore) in contract value. As part of the broader engagement, Wipro said it will acquire Olam Group's IT and digital services business, Mindsprint Pte. Ltd., for USD 375 million (about Rs 3,494 crore). "Wipro has secured a multi-year strategic transformation deal with Olam Gro ...Read More >
Mumbai, Apr 6 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Relentless foreign fund outflows also dented markets' sentiment. The 30-share BSE Sensex declined 270.13 points to 73,049.42 in early trade. The 50-share NSE Nifty dropped 93.60 points to 22,619.50. Later, the BSE benchmark traded 509.77 points lower at 72,822.60, and the Nifty quoted 141.20 points down at 22,571.90. F ...Read More >
Mumbai, Apr 6 (PTI) The rupee gained 33 paise to 92.85 against the US dollar in early trade on Monday, following RBI's tightened rules to curb speculative positions, capping banks' net open positions at USD 100 million, even as global developments continued to act as a risk. Forex traders said the domestic unit continued to reel under pressure due to unabated withdrawal of foreign capital, a strengthening dollar, and rising crude oil prices amid a volatile geopolitical situation. At the interb ...Read More >
Guwahati (Assam) [India], April 6 (ANI): Assam Chief Minister Himanta Biswa Sarma on Monday alleged that documents used by Congress leaders Pawan Khera and Gaurav Gogoi in the ongoing passport controversy involving his wife Riniki Bhuyan Sharma were "AI Photoshopped" and sourced from a Pakistani social media group. Addressing a press conference, Sarma claimed that the original passport image had been manipulated. "The original UAE passport was uploaded on social media by a Pakistani man. They ( ...Read More >
New Delhi [India], April 6 (ANI): Oil prices climbed on Sunday after US President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz remains closed, CNN reported, as Brent crude rose 1.4 per cent to reach USD 110.60. US crude similarly increased by 1.8 per cent, settling at USD 113.60. As per CNN, the price surge followed a series of aggressive social media posts from the President directed at the Iranian government. Also Read | Indian National Tarsem Singh Cha ...Read More >
New Delhi [India], April 6 (ANI): Oil prices climbed on Sunday after US President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz remains closed, CNN reported, as Brent crude rose 1.4 per cent to reach USD 110.60. US crude similarly increased by 1.8 per cent, settling at USD 113.60. As per CNN, the price surge followed a series of aggressive social media posts from the President directed at the Iranian government. "Tuesday will be Power Plant Day, and Bridge ...Read More >
Mumbai: Wipro is doubling down on large transformation deals, using acquisitions to deepen its role in long-term client engagements and expand domain-led capabilities. Wipro will acquire full ownership of Singapore-based Mindsprint and its subsidiaries in a cash deal valued at USD 375 million, subject to customary adjustments. The agreement, signed on April 5, 2026, gives Wipro complete control over the IT services firm, marking a targeted expansion in digital transformation capabilities. The t ...Read More >
Guwahati (Assam) [India], April 6 (ANI): Chairperson of Congress' Media and Publicity Department, Pawan Khera, said that the party will present more evidence to back his three passport allegations against Assam Chief Minister Himanta Biswa Sarma's wife, Riniki Bhuyan Sharma. Pawan Khera, in a press conference, had alleged that Riniki Bhuyan Sharma owns three passports and the couple, along with their son, owns a business worth Rs 52,000 crore in the United States. Assam CM, however, had denied ...Read More >
Mumbai, April 5: The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy will ...Read More >
New Delhi, Apr 5 (UNI) US President Donald Trump claimed on Sunday that in a 'miraculous search and rescue operation,' the US had rescued and safely 'retrieved' from deep inside Iranian territory the two fighter pilots who went missing after Iranian forces shot down an F-15 fighter aircraft. 'WE GOT HIM! My fellow Americans. The pilot is now SAFE and SOUND. He sustained injuries, but he will be just fine,' Trump said on Sunday morning on his social media platform. Iran had shot down a US F15 f ...Read More >
MUMBAI, April 4: Indian stock markets appear to be moving into a consolidation phase, marked by high volatility and limited clarity on direction, as global uncertainties and mixed domestic signals keep investors on edge, according to market experts on Saturday. Indian equity benchmarks ended the holiday-shortened week on a subdued note -- reflecting the ongoing uncertainty in the market. The Nifty slipped 0.47 per cent, while the Sensex also closed lower, marking the sixth consecutive week of ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum ...Read More >
New Delhi: There appears to be no immediate end in sight to the ongoing conflict between the US, Israel, and Iran. The exchange of missile and drone attacks from both sides has plunged the Middle East into turmoil, resulting in a severely deteriorated situation across the region. Meanwhile, markets worldwide also appear to be feeling the impact. Since the outbreak of hostilities in the Middle East, a decline has been observed in gold prices. In this context, the question arises: what could be t ...Read More >
Mumbai: The Reserve Bank of India is expected to keep its key repo rate unchanged at 5.25 percent in the upcoming April monetary policy review. Economists believe rising inflation risks due to the West Asia crisis will make the central bank cautious. Global Factors Creating Uncertainty The ongoing tensions in West Asia have created uncertainty in global markets. Crude oil prices have surged above USD 100 per barrel, while the Indian rupee has weakened sharply, crossing 93 against the US dollar ...Read More >
New Delhi, Apr 5 (PTI) The domestic stock market is expected to remain volatile this week as investors track the Reserve Bank's monetary policy decision, key global macroeconomic data and the impact of the West Asia conflict, analysts said. Movements in crude oil prices and foreign fund flows will also influence domestic equities, they added. Vinod Nair, Head of Research, Geojit Investments Ltd, said the RBI's Monetary Policy Committee (MPC) meeting will command centre stage domestically, with ...Read More >
Mumbai, Apr 5 (PTI) The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy w ...Read More >
Facing renewed pressure on the rupee and heightened global uncertainties amid the ongoing conflict in the West Asia, the Reserve Bank of India (RBI) is widely expected to keep policy rates unchanged in its upcoming monetary policy review and keep the stance unchanged, according to a poll of ten economists. External Shocks The Monetary Policy Committee (MPC) is scheduled to announce its decision on April 8. At its last meeting, the six-member body had unanimously retained the repo rate at 5.25% ...Read More >
New Delhi, April 5 (SocialNews.XYZ) India's pharmaceutical exports reached over $28 billion up to February in the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a senior government official has said. Speaking at the inaugural session of the 'Chintan Shivir: Scaling Up Pharma Exports', the official highlighted that the growth was led by formulations, biologicals, vaccines, and Ayush products. "Despite global challenges, pharmaceutical ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum p ...Read More >
Guwahati: Senior Congress leader Pawan Khera on Saturday levelled a series of allegations against Assam Chief Minister Himanta Biswa Sarma and his wife, Riniki Bhuyan Sarma, raising questions over alleged foreign assets and citizenship status. Addressing a press conference at the AICC headquarters, Khera claimed that Riniki Bhuyan Sarma holds passports from three countries -- Egypt, the UAE and Antigua & Barbuda, and sought clarification on whether this amounted to dual or multiple citizenship, ...Read More >
New Delhi [India], April 5 (ANI): Former Indian Ambassador to the UAE, Sunjay Sudhir, delivered a blunt assessment of Islamabad's standing in West Asian diplomacy, asserting that Pakistan was never a "mediator" in the Iran-US conflict, but merely a "messenger at best." Speaking to ANI, highlighted a growing "trust deficit" and financial pressure that appear to be isolating Islamabad on the global stage. He noted that true mediation requires both conflicting parties to sit at the table with the ...Read More >
A 19th Century painting by iconic artist Raja Ravi Varma has become the most expensive Indian artwork ever sold, setting a new auction record. The painting, Yashoda and Krishna, was sold for 1.67bn rupees ($17.9m; £13.6m) at a Saffronart auction in Delhi on Wednesday. It beat the previous record set by MF Husain's Untitled (Gram Yatra) which fetched $13.8m last year. The surge in sales and records highlight growing demand for Indian and South Asian art, with collectors pushing prices to new hi ...Read More >
New Delhi: India Infrastructure Finance Company Ltd (IIFCL) plans to mobilise up to USD 1 billion through the MIGA guarantee fund during the ongoing first quarter to support infrastructure development across the country. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against non-commercial risks to facilitate the flow of foreign investment in developing countries and lift people out of poverty. "We are in the process of seeking approval for mobilising up to USD 1 billi ...Read More >
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