LATEST WORLD NEWS

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

noreply@blogger.com (Unknown) — Thu, 30 Apr 2026 20:47:39 +0000

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oil tankers. This strategy mandates that a portion of these ships be built domestically, facilitating technology transfer and strengthening local manufacturing. The government aims to aggregate demand for hundreds of vessels to enhance self-reliance in the maritime sector.

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Govt replaces building code with a new standard, Retains fire safety provisions as 'advisory'

noreply@blogger.com (Unknown) — Thu, 30 Apr 2026 18:47:18 +0000

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West Asia crisis hits March crude imports, but India ends FY26 on growth path

noreply@blogger.com (Unknown) — Wed, 29 Apr 2026 19:47:31 +0000

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Jan Vishwas Bill 3 in works, says Piyush Goyal; simpler rules, lower compliance burden next focus

noreply@blogger.com (Unknown) — Wed, 29 Apr 2026 18:47:34 +0000

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Govt revives strategic sale of IDBI Bank after scrapping bids

noreply@blogger.com (Unknown) — Wed, 29 Apr 2026 01:47:02 +0000

The government has revived the strategic sale of its stake in IDBI Bank, along with LIC's holding, after previous bids were rejected. A fresh valuation is underway, with officials considering whether to re-engage existing bidders or restart the process to expedite the sale and maintain investor confidence.

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Realty sector gets $1.6 bn institutional inflows in Jan-Mar; down 52% from previous quarter

noreply@blogger.com (Unknown) — Tue, 28 Apr 2026 18:47:55 +0000

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Set aside funds for likely defaults, RBI tells banks

noreply@blogger.com (Unknown) — Tue, 28 Apr 2026 01:47:20 +0000

The Reserve Bank of India has finalised new rules requiring banks to provision for expected loan losses from April 2027, shifting to a forward-looking approach. While stricter than current practices, the norms are less stringent than initially proposed, with a wider scope including small finance banks. Banks will have until March 2030 to fully implement the changes for existing loans.

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Infosys slips out of top 10 valued companies in country

noreply@blogger.com (Unknown) — Tue, 28 Apr 2026 00:47:46 +0000

Bengaluru-headquartered Infosys has fallen out of India's top 10 most valued companies, now ranking 11th, while Tata Consultancy Services has dropped to sixth. These shifts have been attributed to artificial intelligence-driven disruptions impacting the business models of major Indian software exporters. The information technology sector saw significant sell-offs on Monday.

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India's domestic consumption strongest shield against global shocks: Sitharaman

noreply@blogger.com (Unknown) — Mon, 27 Apr 2026 00:47:41 +0000

Amidst global supply chain disruptions, India's economic leaders are prioritizing domestic strength. Finance Minister Nirmala Sitharaman highlighted the vast Indian consumer base as a key defense, while industry titans emphasised strategic self-reliance in manufacturing and a pivot to green energy. This approach aims to leverage India's demographic dividend and workforce to navigate international volatility and accelerate national growth.

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Govt looks at relief measures for airlines as war continues

noreply@blogger.com (Unknown) — Sun, 26 Apr 2026 23:47:13 +0000

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Market recap: Rs 2 lakh crore wiped out from 7 of top-10 firms; TCS biggest laggard

noreply@blogger.com (Unknown) — Sun, 26 Apr 2026 09:47:22 +0000

Indian equity markets experienced a significant downturn, with the top ten most-valued firms losing over Rs 2 lakh crore. Tata Consultancy Services and Reliance Industries bore the brunt of this decline, influenced by geopolitical tensions and weak IT sector commentary. The broader market also saw substantial drops in benchmark indices.

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Sitharaman signals Covid-style relief, asks industries to make in India

noreply@blogger.com (Unknown) — Sun, 26 Apr 2026 00:47:42 +0000

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One nation, one KYC need of the hour: Nirmala Sitharaman

noreply@blogger.com (Unknown) — Sat, 25 Apr 2026 22:47:28 +0000

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West Asia war weighs on RIL results, Q4 profits decline 9%

noreply@blogger.com (Unknown) — Sat, 25 Apr 2026 04:47:32 +0000

O2C Division Hit Hard By Rising Costs, Supply Chain Disruptions

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US sanctions China's 'teapot' refinery & 40 shipping companies over Iran oil trade

noreply@blogger.com (Unknown) — Sat, 25 Apr 2026 03:47:30 +0000

The US has tightened its grip on Iran's oil revenue by sanctioning a major Chinese refinery and numerous shipping entities involved in transporting Iranian crude. This move targets a "shadow network" and escalates pressure amid regional tensions. China has criticized the sanctions, urging an end to their political use and warning of harm to legitimate trade.

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28 per cent of mobiles in India made by domestic cos

noreply@blogger.com (Unknown) — Sat, 25 Apr 2026 02:47:16 +0000

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JLR to recall over 1.7L vehicles in the US

noreply@blogger.com (Unknown) — Fri, 24 Apr 2026 03:47:15 +0000

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Trump's 'Gold Card' visa: One cleared, hundreds await as $1 million residency plan rolls out

noreply@blogger.com (Unknown) — Thu, 23 Apr 2026 18:47:33 +0000

The Trump administration's 'Gold Card' visa program, offering US residency for a $1 million fee, has approved only one applicant to date. Commerce Secretary Howard Lutnick stated hundreds more are under review, with all applicants undergoing extensive vetting and paying a $15,000 processing fee. The initiative aims to attract wealthy and skilled individuals to the US.

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Sensex falls 757 points as uncertainty clouds peace talks

noreply@blogger.com (Unknown) — Thu, 23 Apr 2026 04:47:22 +0000

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Oil prices today: Crude edges lower as Iran–US tensions keep markets on edge

noreply@blogger.com (Unknown) — Thu, 23 Apr 2026 03:47:22 +0000

Oil prices saw a slight dip after Wednesday's surge, as stalled Iran-US peace talks and ongoing shipping route restrictions, particularly the Strait of Hormuz, kept markets on edge. Iran's seizure of two ships and US interception of tankers highlight escalating tensions. Despite record US energy exports, domestic crude inventories unexpectedly rose, while fuel stocks declined.

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Tesla widens India bet with launch of Model Y L

noreply@blogger.com (Unknown) — Wed, 22 Apr 2026 18:47:41 +0000

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Robust health: Life insurance industry new biz grows 15.7%

noreply@blogger.com (Unknown) — Wed, 22 Apr 2026 03:47:23 +0000

India's life insurance sector saw a robust 15.7% growth in new business premiums for FY26, reaching Rs 4.6 lakh crore. While overall policy sales rose modestly, private players like SBI Life gained market share. The individual segment showed strong gains, with group insurance proving crucial for stabilizing some insurers' portfolios.

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Nestle India registers record sales in Q4; profit up 26%

noreply@blogger.com (Unknown) — Tue, 21 Apr 2026 18:47:25 +0000

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RBI partially rolls back curbs on rupee derivative trades

noreply@blogger.com (Unknown) — Tue, 21 Apr 2026 03:47:26 +0000

Withdraws directives as volatility eases, some controls stay

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Stock market today (April 20, 2026): Nifty50 opens below 24,300; BSE Sensex down over 200 points as oil prices rise on Hormuz closure

noreply@blogger.com (Unknown) — Mon, 20 Apr 2026 04:47:31 +0000

Stock market today: Sensex and Nifty opened in red on Monday on weak global cues as the closure of Strait of Hormuz led to an increase in oil prices. While Nifty50 went below 24,300, BSE Sensex dropped over 200 points.

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