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Abtak.com - Business - News Image
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23
BusinessApr 05, 2026 11:34 AM

FPIs extend sell-off in April; pull out Rs 19,837 crore in two sessions

New Delhi, Apr 5 (PTI) Foreign investors continued to exit Indian equities, withdrawing Rs 19,837 crore (USD 2.1 billion) in the first two trading sessions of April, weighed down by the West Asia conflict, rising crude oil prices, and persistent rupee depreciation. This came following a record withdrawal of Rs 1.17 lakh crore (about USD 12.7 billion) from domestic equities in March, making it the worst monthly outflow. Before this, FPIs pumped in Rs 22,615 crore in February, the highest monthly ...Read More >

ETV Bharat News - Business - News Image
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BusinessApr 05, 2026 11:30 AM

Indian Stock Markets Transitioning Into Consolidation Phase With High Volatility

Mumbai: The Indian stock markets appear to be transitioning into a consolidation phase with high volatility and low visibility, according to analysts. Global developments continued to dictate market direction, particularly the evolving US-Iran conflict, which kept crude oil prices volatile and elevated. This, in turn, raised concerns over inflation and fiscal stability for import-dependent economies like India. "While domestic flows and technical supports are providing stability, global factors ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessApr 05, 2026 11:13 AM

FPI sell-off continues in April; March outflows hit record Rs 1.17 lakh crore: NSDL data

New Delhi [India], April 5 (ANI): Foreign portfolio investors (FPIs) continued heavy selling in Indian equities this week, with net outflows of Rs 23,801 crore, as global uncertainties and rising crude oil prices weighed on investor sentiment. According to data from National Securities Depository Limited, FPIs had already offloaded equities worth Rs 1,17,775 crore in March, marking the highest level of selling recorded this year. The sustained selling trend has been largely driven by the ongoi ...Read More >

mint - Business - News Image
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BusinessApr 05, 2026 11:03 AM

From cricket league to economic giant: IPL valued at USD 18 billion: Kotak MF | Mint

The Indian Premier League (IPL) has evolved into a multi-billion-dollar economic engine, contributing significantly to India's economy and redefining the business of sport, according to a recent report by Kotak Mutual Fund. The report noted that the IPL ecosystem is currently valued at around USD 18 billion as of FY25, placing it among the world's leading sporting leagues. Remarkably, a tournament spanning just two months now generates economic value comparable to India's entire sports industry, ...Read More >

The New Indian Express - Business - News Image
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BusinessApr 05, 2026 10:39 AM

India's pharma exports hit USD 28.29 billion, growth driven by generics and global demand

HYDERABAD: India's pharmaceutical exports touched nearly USD 28.29 billion by February this financial year, marking a 5.6% growth compared to last year, a top official said at the Chintan Shivir-Scaling up Pharma Exports programme held in Hyderabad on Saturday. Organised by the Pharmaceutical Export Promotion Council of India (Pharmexcil) with support from the Union government, the event was chaired by commerce secretary Rajesh Agarwal, who said India's pharmaceutical industry, valued at around ...Read More >

Free Press Journal - Business - News Image
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19
BusinessApr 05, 2026 10:34 AM

RBI May Hold Rates Steady Amid Global Uncertainty, War Impact, Rising Rupee Pressure and Oil Above $...

Mumbai: The Reserve Bank of India is expected to keep interest rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting from April 6 to 8, according to a report by SBI Research. This will be the first policy review after the ongoing conflict involving the US, Israel, and Iran. Due to global uncertainty, the central bank is likely to act carefully and avoid major changes for now. Focus on Stability Measures The report suggests that RBI may explore "Operation Twist." This is a to ...Read More >

Abtak.com - Business - News Image
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BusinessApr 04, 2026 08:34 PM

War impact unlikely to wane FY26 pharma exports: Officials

Striking a cautiously optimistic note, a senior official in the Commerce Ministry and representatives of the Pharmaceuticals Export Promotion Council of India on Saturday said FY26 pharma exports are expected to remain in the positive zone notwithstanding the West Asia war's impact on the March performance. For the 11 months upto February, the exports were nearly $28.29 billion as against the $26.79 billion in the corresponding period of previous fiscal. "We have already achieved 5.6% growth up ...Read More >

ETV Bharat News - Business - News Image
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BusinessApr 04, 2026 07:55 PM

India's Pharma Exports Cross USD 28 Billion Till Feb, Likely To End Up With Growth In Rupee Terms In...

Hyderabad: India's pharmaceutical exports stood at over USD 28 billion up to February in the last financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutical exports have ...Read More >

NewsDrum - Business - News Image
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BusinessApr 04, 2026 06:44 PM

Work on reducing import dependence for raw materials: Comm Secy to pharma industry

New Delhi, Apr 4 (PTI) Commerce Secretary Rajesh Agrawal on Saturday asked the pharmaceutical industry to reduce its dependence on critical imported raw materials and diversify export supply chains to better navigate global uncertainties. Addressing an event in Hyderabad on the sector, he said while India exports to around 200 countries, there remains significant scope for expansion and resilience-building through a stronger market presence. Emphasising the need to navigate an increasingly unc ...Read More >

NewsDrum - Business - News Image
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BusinessApr 04, 2026 05:06 PM

India's pharma exports cross USD 28 bn till Feb, likely to end up with growth in rupee terms in FY26

Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >

NewsDrum - Business - News Image
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BusinessApr 04, 2026 03:25 PM

India's pharma exports cross USD 28 bn till Feb, grow over 5 pc

Hyderabad, Apr 4 (PTI) India's pharmaceutical exports stood at over USD 28 billion up to February of the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General of the Pharmaceuticals Export Promotion Council of India (Pharmexcil), said the sector, currently valued at around USD 60 billion, is projected to grow to USD 130 billion by 2030. "Despite global challenges, pharmaceutica ...Read More >

TechnoSports - Technology - News Image
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TechnologyApr 04, 2026 02:27 PM

India's Pride: Airtel Crosses 650 Million Subscribers to Become the World's Second Largest Telecom G...

This is a landmark moment not just for Airtel -- but for India. Bharti Airtel announced on April 2, 2026 that it has crossed 650 million customers globally, officially becoming the world's second largest telecom operator by mobile subscriber base, as ranked by GSMA Intelligence. Airtel Only China Mobile stands ahead. Airtel's 650 Million Milestone -- Key Numbers How Did Airtel Get Here? The milestone reflects Airtel's growing scale across two of the world's fastest-growing telecom markets -- ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessApr 04, 2026 12:34 PM

Russian deputy PM meets PM Modi and EAM Jaishankar

Russia's first deputy prime minister Denis Manturov met Prime Minister Narendra Modi and external affairs minister S Jaishankar on Thursday and discussed ways to advance cooperation in critical areas such as energy and fertilisers. Modi said on social media that he and Manturov discussed "mutually beneficial cooperation in trade, fertilisers, connectivity and people-to-people ties". Modi lauded the sustained efforts by both countries to implement the outcomes of the India-Russia Summit held dur ...Read More >

Asian News International (ANI) - Business Technology - News Image
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BusinessTechnologyApr 04, 2026 12:34 PM

Fintech, SaaS drive India's VC investments to $16 bn in 2025, log second straight year of growth: Ba...

New Delhi [India], April 4 (ANI): India's Venture Capital (VC) and growth funding ecosystem continued to expand in 2025, with investments rising to around USD 16 billion, marking the second consecutive year of growth, according to the India Venture Capital Report 2026 released by Bain & Company. The report highlights that the growth comes despite a slowdown in broader private capital markets, underscoring sustained investor confidence in India's start-up ecosystem and macroeconomic fundamentals ...Read More >

Asian News International (ANI) - Other Politics Sports Business Entertainment - News Image
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At Khelo India Tribal Games 2026, Siddi wrestlers signal rise of community powerhouse

Ambikapur (Chhattisgarh) [India], April 4 (ANI): The saying 'talent needs no introduction' found a fitting example at the Khelo India Tribal Games 2026, where wrestlers from Karnataka's Siddi community have made a powerful statement on the mat. Their success is no longer just about medals--it reflects the emergence of an entire community as a force in wrestling. Of African descent, there are about 50,000 Siddis in India, of which one-third live in Karnataka. Out of the nine wrestlers represent ...Read More >

News18 - Business - News Image
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BusinessApr 04, 2026 12:30 PM

Indian Pharma sector clocks USD 29 bn export by end of February in FY26

Hyderabad, Apr 4 (PTI) Indian pharmaceutical exports stood at nearly USD 29 billion up to February this financial year registering a growth of five per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General, Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) said the sector, currently valued at approximately USD 60 billion, is projected to grow to USD 130 billion by 2030. "Inspite of global challenges, pharmaceuticals exports hav ...Read More >

NewsDrum - Business - News Image
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BusinessApr 04, 2026 12:11 PM

Indian Pharma sector clocks USD 29 bn export by end of February in FY26

Hyderabad, Apr 4 (PTI) Indian pharmaceutical exports stood at nearly USD 29 billion up to February this financial year registering a growth of five per cent compared to the same period last year, a top official said on Saturday. K Raja Bhanu, Director General, Pharmaceuticals Export Promotion Council of India (PHARMEXCIL) said the sector, currently valued at approximately USD 60 billion, is projected to grow to USD 130 billion by 2030. "Inspite of global challenges, pharmaceuticals exports hav ...Read More >

Goodreturns - Business - News Image
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BusinessApr 04, 2026 11:38 AM

Gold Price In India Jumps Rs 53500/100 Gm in Week, Silver Stalls; Rupee Recovery Hints At Buying Opp...

Gold Price in India: Prices of 24 karat, 22 karat, and 18 karat gold staged a sharp rebound this week, driven by heightened geopolitical tensions from the Iran-US conflict and pressure on the Indian Rupee against a strengthening US dollar. However, gold rate in India remained largely steady on Saturday, April 4, while silver price today edged slightly lower. The precious metal saw a massive decline in mid-March as the Strait of Hormuz blockade fuelled a crude oil price rally. The surge in the c ...Read More >

Republic World - Business - News Image
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BusinessApr 04, 2026 11:31 AM

Gold Price In India Plummets 17% From Record High: Check Gold Rates In Mumbai, Delhi & Other Key Cit...

Gold Prices: Amid rising tensions linked to the ongoing US-Iran war, which has already entered its fifth week, the gold prices are likely to record a 2.20% weekly surge. The MCX gold rate closed at ₹1,49,650 per 10 gm, and COMEX gold price finished at $4,679.70/oz. Meanwhile, gold is under Trump's spell, especially after his recent address to nation which reduced ceasefire hope and resulted in rising oil prices, while strengthening the USD. However, the US payroll jobs data is expected to offs ...Read More >

Social News XYZ - Business - News Image
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BusinessApr 04, 2026 10:23 AM

Gold slips 17 pc from record high despite war tensions

New Delhi, April 4 (SocialNews.XYZ) Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak. Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion. The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams. This places gold prices in India around Rs 31,000 lower than their a ...Read More >

LatestLY - Business - News Image
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BusinessApr 04, 2026 10:10 AM

Gold Rate Today, April 4, 2026: Yellow Metal Slips 17% From Record High Despite War Tensions | 📰 Lat...

New Delhi, April 4: Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak. Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion. The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams. This places gold prices in India around Rs 31,000 lower than their all-time high of Rs ...Read More >

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PoliticsApr 04, 2026 09:18 AM

India faces tough BRICS test amid war, 'adept diplomacy will minimise impact': Anil Trigunayat

New Delhi, April 4 (UNI) As India prepares to chair the BRICS foreign ministers' meeting in May, the escalating conflict in West Asia is set to pose a tough diplomatic challenge, with divisions among member states and complicating consensus-building within the bloc. Diplomat and West Asia expert Anil Trigunayat said the current geopolitical situation makes it difficult to expect smooth outcomes, particularly given the widening trust deficit between Iran and key Gulf nations such as Saudi Arabia ...Read More >

Abtak.com - Business - News Image
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BusinessApr 04, 2026 07:28 AM

Telangana aspires to be textile capital of South Asia by 2047: CM

Telangana Chief Minister A. Revanth Reddy on Friday (April 3, 2026) wooed textile industry to invest in the State by assuring best infrastructure, land, power, water, incentives and government support aimed at fastest execution of the projects. "I have policies that can match the best globally. Most importantly, we have the best human resources. If you have a vision, we are your perfect partner for global success," he said at the 13th Asian Textile Conference (ATEXCON 2026) in Hyderabad. Asser ...Read More >

LatestLY - Business - News Image
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BusinessApr 03, 2026 10:37 PM

India News | Iran-US War Impact: Shortage of Raw Material Based on Petrochemical Products Like Condo...

New Delhi [India], April 3 (ANI): India's condom market, valued at USD 861 million (approximately Rs 7,100 crore), is facing rising production costs and supply chain uncertainties amid the global war crisis, with industry stakeholders warning of potential shortages and price hikes in key raw materials. Also Read | Delhi Shocker: 18-Year-Old Arrested for Stabbing Man to Death in Shalimar Bagh and Posting Confession on Instagram. According to the sources, "The ongoing global shipping container s ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 03, 2026 09:53 PM

RBI To Hold Rates As Inflation Risks Rises

Mumbai: Heightened uncertainty transmitting from the West Asia crisis into India's growth and inflation outlook may compel the Monetary Policy Committee (MPC) of the Reserve Bank of India to hold the benchmark repo rate to 5.25 per cent next week and maintain a neutral stance. The three day policy meeting of the MPC (RBI's rate setting panel) will begin on April 6. Experts also do not expect the central bank to announce any measures for either liquidity or currency management as the central bank ...Read More >

ETV Bharat News - Politics - News Image
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PoliticsApr 03, 2026 08:36 PM

India Largely Shielded From US Tariffs On Patented Drugs Due To Generic Export Strength: GTRI

New Delhi: India is unlikely to be significantly impacted by US President Donald Trump's announcement of 100 per cent tariffs on certain patented drugs, as the country primarily exports low-cost generic medicines to America, think tank GTRI said on Friday. Trump signed an executive order on April 2, announcing the imposition of a 100 per cent ad valorem duty rate on the import of certain patented pharmaceuticals and associated pharmaceutical ingredients. The order, issued on April 2, 2026, bui ...Read More >

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BusinessApr 03, 2026 08:20 PM

India's forex reserves shrink for 4 weeks in row

NEW DELHI, April 3 (Xinhua) -- India's foreign exchange (forex) reserves fell by 10.288 billion U.S. dollars to 688.058 billion dollars during the week ended March 27, according to the weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI), on Friday. This was the fourth consecutive week when India's forex reserves had fallen. Over the past four weeks, the country's forex reserves have fallen by over 40 billion dollars. According to RBI data, the foreign curren ...Read More >

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BusinessApr 03, 2026 08:19 PM

India's forex reserves shrink for 4 weeks in row

NEW DELHI, April 3 (Xinhua) -- India's foreign exchange (forex) reserves fell by 10.288 billion U.S. dollars to 688.058 billion dollars during the week ended March 27, according to the weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI), on Friday. This was the fourth consecutive week when India's forex reserves had fallen. Over the past four weeks, the country's forex reserves have fallen by over 40 billion dollars. According to RBI data, the foreign curren ...Read More >

LatestLY - Business - News Image
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BusinessApr 03, 2026 08:10 PM

Global Food Prices Set to Surge Further if West Asia Conflict Persists Beyond 40 Days, Warns FAO | 🇮...

New Delhi, April 3: World food commodity prices rose in March for the second month in a row, largely due to higher energy prices linked to the conflict escalation in West Asia, the Food and Agriculture Organization of the United Nations (FAO) said on Friday. The FAO Food Price Index, which tracks monthly changes in the international prices of a basket of globally-traded food commodities, averaged 128.5 points in March, up 2.4 percent from February and 1.0 percent above its level a year ago. "Pr ...Read More >

The Siasat Daily - Politics - News Image
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PoliticsApr 03, 2026 07:49 PM

Bhatti Vikramarka campaigns in Puducherry, cites Telangana's welfare record

Puducherry: Telangana Deputy Chief Minister Mallu Bhatti Vikramarka on Friday, April 3, campaigned in Puducherry ahead of the assembly elections in the Union Territory (UT), urging voters to elect the Congress-Dravida Munnetra Kazhagam (DMK) alliance candidates by a "massive majority" to protect democracy and the rights guaranteed by the Constitution. Bhatti, accompanied by Telangana Minister Ponnam Prabhakar and Puducherry Pradesh Congress Committee president Vidyalingam, canvassed in the Mana ...Read More >

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