Daily Latest News
Through the week I have the opportunity of speaking to some of brightest and best minds in Indian markets and beyond. This newsletter is a synopsis of some of my observations and learnings from these conversations. This week has been about moving on. At least from a markets perspective, markets have a knack for moving…
US President Donald Trump said on Friday that the naval blockade will remain fully in place even if the Strait of Hormuz is reopened for business. His remarks came after Iran’s Foreign Minister, Abbas Araghchi, confirmed that the strait would remain open, a day after he announced a 10-day ceasefire between Lebanon and Israel. “The…
US President Donald Trump on Friday said that Iran has agreed to suspend its nuclear programme indefinitely and will not receive any frozen funds from the US as part of a possible deal to end the conflict in the Middle East. Speaking in a phone interview, Trump said negotiations with Tehran were nearing completion and…
Last Updated:April 17, 2026, 10:05 PM IST Jio Financial declared a dividend of Rs 0.60 per equity share of Rs 10 each for the financial year ended March 31, 2026. Jio Financial Services on Friday reported a 14 per cent decline. (File) Jio Financial Services on Friday reported a 14 per cent decline in consolidated…
Crude oil has become cheaper by 13% after Iran’s announcement of completely opening the Hormuz Route for commercial ships. On Friday, April 17, the price fell by about $13 to $86 per barrel. A day ago, the price of crude oil was $ 99.39 per barrel. Before the war started on February 28, crude oil…
Last Updated:April 17, 2026, 5:11 PM IST Nifty Smallcap 100 gains 10.60%; top gainers in two weeks are Ola Electric, Gallant Ispat, Angel One, Aditya Infotech, and Jaiprakash Power Ventures. The BSE Sensex climbed 6,838 points, or about 9.5 per cent, from 71,655 to 78,493.54 between April 2 and April 17. Staging a sharp rebound…
Reliance Jio may file draft papers for IPO in May. Earlier Reliance’s target was to file papers by the end of March. However, this timeline was pushed back due to the market downturn caused by the Iran war. This could be the country’s biggest IPO. Jio will leave Hyundai behind in valuation. Investment bank Jefferies…
New Delhi53 minutes ago copy link The central government has given permission to 15 major banks of the country to import gold and silver till March 31, 2029. Big names like State Bank of India (SBI), Punjab National Bank (PNB) and HDFC Bank are included in this list. This approval has become effective from 1…
The central government has given permission to 15 major banks of the country to import gold and silver till March 31, 2029. Big names like State Bank of India (SBI), Punjab National Bank (PNB) and HDFC Bank are included in this list. This approval has become effective from 1 April 2026. The Directorate General of…
The rupee appreciated by 29 paise to settle at 92.85 (provisional) against the US dollar on Friday, buoyed by a weakening American currency and retreating crude oil prices amid increasing hopes of easing geopolitical tensions. Renewed buying in domestic equity markets and fresh inflow of foreign funds also supported the local currency, forex traders said….