Business News

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EV Policy Set to Drive Future Demand Despite Short-Term Delay, Says Axis Direct

New Delhi, April 16, 2026: Electric vehicle (EV) adoption in India may see a short-term slowdown as buyers postpone purchases amid policy uncertainty, but demand is expected to rise sharply once the new EV policy is implemented, according to Axis Direct. The brokerage noted that consumers are likely to defer buying decisions in the near…

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UN-Backed Borrowers Platform Launched to Give Developing Nations Stronger Voice in Global Debt System

New Delhi, April 16, 2026: The United Nations has supported the launch of a new initiative called the Borrowers Platform, designed to provide developing countries with a collective mechanism to address global debt challenges and financial inequities. The platform seeks to strengthen cooperation among debtor nations and ensure their concerns are better represented in international…

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India’s US Trade Surplus Narrows in FY26 as Export Growth Shifts Toward China

New Delhi April 15 2026: India’s trade surplus with the United States has narrowed in FY26 even as global exports continue to grow, reflecting a broader realignment in global trade flows, according to recent trade data. The latest figures show that while shipments to the US remain strong, export momentum is increasingly shifting toward other…

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IMD Heatwave Outlook to Boost Soft Drink Sales, But Margins Expected to Shrink

New Delhi April 15 2026: India’s soft drink industry is expected to see a strong summer-led demand surge as the India Meteorological Department (IMD) forecasts intense heat conditions across several regions, potentially driving a sharp rise in beverage consumption. According to a recent industry assessment, soft drink bottlers are likely to post around 15 percent…

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Jiraaf Unveils Research Reports to Help Retail Investors Decode Bond Risks and Returns

Jiraaf has introduced a new feature aimed at making bond investing more transparent for individual investors by launching detailed research reports on bond offerings. These reports, prepared by SEBI-registered analysts, are designed to help users go beyond headline returns and understand whether a particular bond actually offers value for the level of risk involved. For…

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RBI Investigates Banks Over Handling of Rupee Arbitrage Unwinding

New Delhi: The Reserve Bank of India has initiated a detailed review of foreign exchange transactions carried out by major banks, amid suspicions that some institutions may not have fully complied with directives related to unwinding rupee arbitrage positions. According to sources familiar with the matter, the central bank is closely analysing how lenders exited…

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Tata Consultancy Services Rolls Out 25,000 Fresher Offers for FY27, Keeps Hiring Plans Flexible

India’s largest IT services company, Tata Consultancy Services (TCS), has extended 25,000 job offers to fresh graduates for the financial year 2026–27, indicating a measured hiring approach amid uncertain global demand. Speaking on the company’s recruitment outlook, CEO and Managing Director K Krithivasan said that further additions to the workforce will depend on how business…

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India Must Explore Oil “At Any Cost”, Push for Energy Diversification: ONGC Chief

New Delhi, April 10, 2026: The head of Oil and Natural Gas Corporation (ONGC) has stressed the urgent need for India to aggressively pursue oil exploration while simultaneously diversifying its energy sources to ensure long-term energy security. Speaking on the country’s energy strategy, the ONGC chief asserted that India must continue exploring oil “at any…

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World Bank Lifts India’s FY27 Growth Forecast to 6.6%, Warns of Global Risks

India’s economic outlook for FY27 has received a modest upgrade from the World Bank, which now expects the country’s GDP to grow at 6.6%, up from its earlier estimate. The revision reflects continued strength in domestic consumption and export performance. Despite the improved projection, the global lender cautioned that economic momentum may ease compared to…

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Tata Steel MD TV Narendran Says West Asia Conflict Driving Up Costs for Steel Industry

Mumbai, April 8: TV Narendran has warned that ongoing conflicts in West Asia are contributing to higher costs for the steel industry, particularly affecting raw material imports and energy prices. Narendran highlighted that disruptions in crude oil and natural gas supply chains are directly influencing operational costs for steel manufacturers across India. He noted that…

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