Indian equity markets opened on a cautious and mixed note as investors struggled to balance strong performance from the banking sector with rising global crude oil prices driven by geopolitical tensions. The benchmark indices, including the Nifty 50 and Sensex, moved within a narrow range during early trade, reflecting a lack of clear directional momentum.…
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New Delhi, April 20, 2026: The Department of Posts has reported a historic revenue milestone of ₹15,296 crore in the financial year 2025–26, registering a 16 percent year on year growth as it continues its shift towards becoming a logistics and citizen centric service provider. The performance review meeting was chaired by Union Minister of…
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New Delhi, April 20, 2026: Indian Railways has announced an extensive summer travel plan under which 18,262 special train trips will be operated across the country between April and July 2026 to manage the seasonal surge in passenger demand. Officials said the initiative has been designed to provide relief to travellers during the peak summer…
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New Delhi, April 20, 2026: Commerce and Industry Minister Piyush Goyal held discussions with his South Korean counterpart on revamping the Comprehensive Economic Partnership Agreement (CEPA), with a focus on boosting bilateral trade, investment flows and supply chain cooperation. The talks centred on modernising the existing trade framework to better reflect current global economic realities…
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New Delhi, April 20, 2026: The Committee of Creditors (CoC) has approved the bid of the Adani Group for Jaiprakash Associates assets in a major insolvency resolution development, while rejecting Vedanta’s revised offer submitted after the bidding deadline. According to officials, the CoC maintained a strict stance that no post bid modifications would be entertained,…
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Mumbai, April 20, 2026: Indian equity markets began the week on a weaker note as uncertainty over a possible ceasefire between the United States and Iran, along with a sharp rise in global crude oil prices, dampened investor sentiment. Benchmark indices opened in negative territory as traders reacted to escalating tensions in West Asia, which…
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Mumbai, April 19, 2026: The Union Cabinet has approved the creation of the Bharat Maritime Insurance Pool with a sovereign guarantee of ₹12,980 crore, marking a major step to strengthen India’s maritime trade security and insurance framework amid rising global uncertainties. The new mechanism is designed to provide uninterrupted insurance coverage for Indian-flagged, Indian-controlled, and…
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New Delhi, April 19, 2026: The latest FICCI-IBA Bankers’ Survey indicates a constructive outlook for India’s banking sector, with lenders expecting steady credit expansion in the near term, supported by resilient economic activity and improving asset quality. According to the survey, banks foresee continued momentum in loan growth, driven largely by retail and SME lending…
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Gold prices in India witnessed a decline on Friday, reflecting global market pressures and geopolitical uncertainty. The price of 24-carat gold fell by ₹268 to ₹15,309 per gram, bringing the rate close to ₹1.53 lakh per 10 grams. The 22-carat variant also registered a drop, indicating a broader softening trend in bullion prices. In Delhi,…
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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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