Jeff Bezos' 2013 announcement of drone delivery on 60 Minutes sparked both excitement and scepticism. After 13 years and $2 billion, Amazon Prime Air faces challenges while a startup in India has completed 3.6 million drone deliveries. Skye Air Mobility's fully autonomous drone-to-doorstep delivery system, integrated with smart mailbox units, highlights founder Ankit Kumar's impressive journey.
India's securities markets are gaining stability and competitiveness, with strong international investor confidence. Despite recent volatility and foreign outflows, the market capitalisation is at $4.4 trillion, with $154 billion raised in FY26. Sebi Chairman Tuhin Kanta Pandey highlighted India's financial system's role in driving economic growth.
The US blockade in the Strait of Hormuz has caused attention to shift to the Strait of Malacca, raising concerns about the stability of crucial oil transit routes. The conflict, sparked by US and Israeli attacks on Iran, has escalated into a regional standoff with naval deployments and restrictions on important corridors.
The Mumbai Cricket Association has introduced a graded contract system for domestic players. To be eligible, players must be registered with MCA, meet fitness standards, and not be selected by an IPL team or India in the past 2 seasons. The highest salary bracket is Rs. 20 lakhs per annum, providing players the opportunity to continue playing red-ball cricket without relying on an IPL contract.
Flipkart, owned by Walmart, will enter India's movie and concert ticket market in May, competing with BookMyShow and Zomato. They will also pilot food delivery. The country's live events and ticketing market is growing, driven by cricket. Flipkart is preparing for an IPO as India's e-commerce market is expected to reach $65-66 billion.
India's response to the West Asian conflict and energy crisis was impressive due to its pre-existing legal framework and energy diplomacy. The country successfully secured alternative LPG supplies from multiple nations, decreasing its reliance on imports. The state absorbed the crisis instead of burdening consumers, highlighting India's efficient management.
AAP MP Raghav Chadha criticized his party's leadership changes in his Rajya Sabha speech, highlighting his own removal as Deputy Leader and the absence of the newly appointed leader. He denied allegations of refusing to walk out of Parliament and not signing an impeachment motion against the CEC.
Parliament to vote on bills for 33% reservation for women in Lok Sabha and state assemblies, with changes to Constitution and delimitation exercise. NDA and opposition clash over reservation and delimitation linkage. PM Modi makes last-minute appeal for support, but NDA lacks necessary numbers, highlighting challenges in implementing promised political representation for women.
Oxymed introduces India's first intelligent home oxygen concentrator, the Inteli 5 LPM, which adjusts flow based on SpO₂ levels for improved safety and comfort. The device boasts a DC compressor for quiet operation and energy efficiency, and premium sieve beds for consistent oxygen purity. With a three-year or 15,000-hour warranty, Oxymed aims to revolutionize home respiratory care.
Reliance Industries is considering an IPO for its telecom subsidiary, Jio Platforms, with a potential filing in May 2026. Sources say they plan to file by March, but delays may be caused by market decline due to geopolitical conflicts. This could be one of India's biggest IPOs and the first public offering by a major Reliance unit in 20 years. Q4 earnings are highly anticipated.
Air India and WestJet have joined forces to improve travel options between India and North America. This partnership allows passengers to book single-ticket itineraries to 17 Canadian cities and 14 US cities, with easier access through Air India's European hubs. This collaboration responds to the increasing demand for travel between the two countries.
The Centre has re-notified the 2023 Women's Reservation Act, with April 16 as the effective date. There are concerns that the NDA may not have enough votes to pass the related Constitution amendment Bills, which require a special majority from both Houses of Parliament. The NDA is currently short of the required strength and may face rejection from the Opposition.
Indian refiners are using Chinese yuan, facilitated by ICICI Bank, to pay for Iranian oil purchased under a temporary US sanctions waiver. However, the US will not renew the waivers, making it challenging for buyers to arrange payment. Chinese yuan is also being used for Russian oil purchases.
Indian pharmaceutical company Lupin has paid $30 million to settle lawsuits in the US for antitrust violations, despite denying all allegations. The settlement is with insurance company Humana. Lupin's stock has dropped in the last 5 trading sessions, but its Q3FY26 performance saw a 37% YoY profit growth, thanks to strong US sales.
Suma Krishnan was in her late 40s when she first began considering something most people in biotech would have called too risky, maybe even impossible: a gene therapy to treat a rare disease that makes skin as fragile as butterfly wings.
Tamil Nadu CM MK Stalin strongly opposes the Centre's proposed delimitation legislation and demands its complete removal. He expresses concerns over the Delimitation Commission's wide powers and cites historical examples of leaders freezing delimitation for maintaining regional balance. Despite assurances from PM Modi and HM Amit Shah, Stalin remains firm on his stance.
Adivi Sesh and Mrunal Thakur's Telugu film Dacoit: A Love Story is facing a tough time at the box office despite a promising start. The film's second Friday collection is only Rs 0.11 crore due to reduced screens and low occupancy. Strong pre-release deals are helping, but the theatrical run seems to be ending sooner than anticipated.
A viral social media post about a Gen Z employee allegedly quitting on their very first day, after leaving for lunch and never returning, has sparked a bigger debate about how younger workers view jobs, workplace culture and personal boundaries.
Kalanithi Maran, chairman of Sun Group, claims that SpiceJet owes over Rs 400 crore in their arbitration dispute, including interest. SpiceJet argues that paying the amount in cash could push them to the brink and suggests using a commercial property as security.
NTA will declare JEE Main 2021 Session 2 results by April 20. The provisional answer key is available and the final key will be released soon. Candidates can check their scorecard on the official website using their application number and password. The scorecard will display subject-wise percentile, overall NTA score, All India Rank, and qualifying status.
Wipro's Q4FY26 results have left investors with more questions than answers. While the company announced its biggest-ever buyback, the forecast for Q1 was lackluster. Brokerages are divided on their forecasts, with concerns around slowing deal conversion and optimism driven by valuations and buyback benefits. Four major brokerages have varying views on Wipro's post-growth trajectory.
The government is expediting the process of setting a new national floor wage rate, considering variations in wage levels and inflation caused by the Iran conflict. Amid labor unrest in the NCR, the government is reviewing current wage rates and inflation trends to establish region-specific floor wages.
Gautam Adani has overtaken Mukesh Ambani to become the richest person in Asia, with a net worth of $92.6 billion. Adani's fortune surged by $3.56 billion in a day, while Ambani's net worth increased by $76.7 million. The Bloomberg Billionaire Index also saw a decline in the net worth of several global industrialists, including Bernard Arnault.
Adani Group companies' share prices rose after being cleared of bid rigging and dominance abuse allegations. Mutual funds showed interest, with Jefferies maintaining a 'Buy' rating but lowering the price target for Adani Enterprises. Analysts predict a potential increase in the second half of 2026 due to erratic weather conditions and focus on power demand.
India rejects US investigation into industrial policies and forced labor, stating it does not meet legal standard. US launched two probes under Section 301 against 60 economies. India denies claims of excess capacity and unfair trade practices, argues trade surplus with US not solely due to its actions.
Citius Transnet InvIT's IPO opens today with a target of raising Rs 1,105 crore through a fresh issue of 11.05 crore shares. The price band is set at Rs 99-100 per share, and the IPO will close on April 21. The trust has already raised Rs 497.2 crore from anchor investors, and allotment and listing are expected on April 24 and 29 respectively.
Europe could be heading toward a serious aviation fuel crunch, with the head of the International Energy Agency warning that the region has “maybe six weeks of jet fuel left” if supply problems continue.
Om Power Transmission, a power transmission infrastructure EPC company, made its debut on the National Stock Exchange and the BSE at a premium of 6.3% and 3.49% respectively, with shares listed at Rs 186 and Rs 181.10. The company raised Rs 150.06 crore through its IPO, with a final issue price of Rs 175 per equity share. The subscription stood at 3.33 times, with muted response from investors.
The Trump administration has announced a major expansion of a visa restriction policy that targets people accused of working on behalf of countries seen as hostile to the United States.
Wipro's Q4FY26 results were subdued, but the board approved a Rs 15,000 crore share buyback at a 19% premium through the tender offer route, pending shareholder approval. Jefferies has an underperform rating due to lower revenue and profitability, concerns over key business segments and deal momentum, and a cautious near-term outlook.
An FIR has been filed against Vedanta Group chairman and others for the explosion at their power plant in Chhattisgarh that killed 20 workers and injured 16. The charges include negligence and a technical team has been formed to investigate the cause. The opposition has called for a judicial inquiry.
President Trump has nominated Erica Schwartz, a former deputy surgeon general, to become the director of the Centers for Disease Control and Prevention. The move comes after multiple leadership changes at the agency and as the White House shifts focus to issues such as drug prices and food safety. Schwartz's nomination has been praised by former public health officials.
A 10-day ceasefire between Israel and Lebanon was officially announced on April 16, 2026, by US President Donald Trump. The full text of the agreement was later released by the US State Department, laying out not just a pause in war, but a larger attempt to move towards peace.
The U.S. government will make Anthropic's Mythos AI model, part of Project Glasswing, available to federal agencies despite cybersecurity concerns. The model has identified thousands of vulnerabilities and the White House is working with providers and partners to ensure proper safeguards. Anthropic is in talks with the Trump administration, despite a previous dispute with the Pentagon.
Quinton de Kock's century for Mumbai Indians against Punjab Kings at Wankhede Stadium on April 16 made him the first overseas player to score a century for three different franchises in the Indian Premier League (IPL). His historic century not only helped Mumbai recover from an early collapse, but also secured his place in the record books.
Shreyas Iyer's impressive performance in the PBKS vs MI match on April 16 at Wankhede was a testament to his leadership as PBKS skipper. He continues to dominate every franchise and has led his team to the top of the IPL 2026 points table with a flawless 4-0 record. His record-breaking 220-run chase against SRH and unbeaten 66 off 35 against MI have proven his ability to shed the "anchor" role.
The Strait of Hormuz has experienced a major decrease in shipping due to the Iran war, resulting in a significant drop in daily cargo traffic and a surge of stranded crude volume at sea. Despite efforts to aid friendly countries, flows remain low, leading to a logistical gridlock and a supply shock in global oil markets. OPEC production has also been affected.
The European Union plans to expand carbon tax to 180 new steel and aluminium products starting in 2028, as recommended by the European Parliament's Committee on the Environment. This proposal could result in most industrial products facing carbon tax by 2030 and potentially affecting India's exports to Europe under the upcoming FTA.
In April 2026, there was a 62% increase in average auto LPG sales by PSU OMCs, indicating a change in fuel demand due to pricing differences. Consumers are now turning to public sector pumps, particularly in states like Karnataka, Tamil Nadu, Telangana, Rajasthan, and West Bengal.
Wipro's board has approved a Rs 15,000 crore share buyback at a premium of 19% to Thursday's closing price. The buyback will be done through the tender offer route and aims to give returns to shareholders while still having funds for growth initiatives.
Punjab Kings' captain Shreyas Iyer's spectacular catch against Mumbai Indians was praised as the "Catch of the Tournament." His tactical decision caused Mumbai's late-order collapse, resulting in a par score of 195/6. Iyer's impressive leadership skills and batting form solidified his team's position at the top of the points table.
Punjab Kings and Mumbai Indians face off in a crucial IPL 2021 match at Wankhede Stadium. A win for PBKS will put them in the top spot, while MI aims to keep their playoff hopes alive. The high-scoring pitch adds to the intensity of the battle for the top spot.
India has achieved a major milestone in the field of quantum communication by successfully deploying a 1,000-km network using indigenous technology. This is a significant step towards ultra-secure communications and puts India ahead in the global race for quantum technology. However, there are still challenges to be overcome in terms of scalability and cost reduction.
G. Kumar Naik, MP from Raichur, Karnataka, wrote to Railway Minister Ashwini Vaishnaw proposing the Bengaluru–Mumbai Vande Bharat Sleeper train to go via Yadgir, Raichur, and Mantralayam. This will benefit daily commuters, students, and pilgrims in the underserved Kalyana Karnataka region.
The Indian automotive industry has welcomed the draft Corporate Average Fuel Efficiency (CAFE 3) norms proposed by the government, which offer flexibility to meet ambitious targets. However, there are still concerns over the April 1 deadline and the transition to E25.
Rishabh Pant, the 28-year-old captain of Lucknow Super Giants, is struggling in the IPL 2026 season after being bought for a record-breaking 27 crore rupees. Despite his success in Test cricket, the pressure of his high price and captaincy may be affecting his performance in T20s. To improve, he needs to focus on playing his natural game without overthinking.
Mayank Rawat, a 26-year-old all-rounder, will debut for Mumbai Indians at Wankhede Stadium in Match 24 of IPL 2026. MI scouts were impressed by his record-breaking performances in local tournaments. Rawat's batting and off-spin abilities make him a valuable asset and a potential game-changer for the team in the middle order.
India's agricultural and processed food exports grew by 2% to $25.71 billion in FY26, despite a 15% decline in rice exports due to geopolitical tensions in West Asia. However, buffalo meat, dairy, and marine exports saw significant growth, with marine exports reaching a record high of $8.43 billion despite facing higher tariffs in the US.
Mumbai Indians face a tough challenge in their match against PBKS as they are without their star players Rohit Sharma and Mitchell Santner. Rohit is recovering from a hamstring injury while Santner is unavailable due to illness. The team is taking a precautionary approach and has handed a debut to youngster Mayank Rawat. Fans can expect Rohit to return in the next game.
The West Asia conflict has caused a surge in premium turnover of index options in India's equity derivatives space, with 35% of total derivatives turnover on NSE in April being on index options. The failure of US-Iran talks resulted in a record high turnover of ₹82,600 crore. Geopolitical uncertainty and strict measures by SEBI have also impacted the market.
Renault has revealed its 'futuREady India' plan, aiming to launch seven new models by 2030 and achieve €2 billion in annual exports. The focus will be on cleaner mobility, with nearly half of total sales coming from electrified vehicles. The Chennai plant, with a capacity of 500,000 units per year, will play a key role in this strategy.