India is updating its GDP series with 2022-23 as the new base year, aiming to achieve a $5 trillion economy. Economists predict a higher GDP growth rate for FY26 due to the inclusion of modern goods and services and improved data collection. The previous base year revision in 2011-12 led to a 0.8 percentage point increase in real GDP growth, emphasizing its significance.
IIFL's website managers, employees, and contributors may have investments in mentioned investments and transactions. While the information is deemed reliable, IIFL does not guarantee its accuracy and disclaims all warranties. Past performance does not guarantee future performance of securities.
PM Modi chaired a CCS meeting to protect India's security and economic interests in light of the West Asia conflict. US President Trump warned of taking forceful actions if diplomacy fails in securing Iran's nuclear materials. India, a significant importer from the region, faces potential risks to fuel, power, and food security.
Bruce Willis' former Beverly Hills home, sold for over $40 million, is a luxurious 7-bedroom estate dating back to 1928. It boasts preserved beamed ceilings, an open layout, and a main entrance leading to a sunlit living room with giant glass doors. Other features include a chef's kitchen, home office, private theatre, and outdoor amenities like a pool and tennis court.
FBI Director Kash Patel and his legal team have threatened to sue The Atlantic after the publication of a "bombshell" report about Patel's alleged erratic behavior. Patel publicly criticized the news agency and the journalist behind the report, calling it "fake news" and stating that they will see each other in court. The FBI has also denounced the report as "absurd" and "completely false."
Akshay Kumar's latest release, 'Bhoot Bangla', a horror-comedy and unofficial sequel to 'Bhool Bhulaiyaa', has made a strong start at the box office. With over 34,000 tickets sold and an advance booking collection of Rs 3.5 crore, the film has raked in over Rs 10 crore in India on its opening day. However, it faces tough competition from Ranveer Singh's 'Dhurandhar
Air India, IndiGo, and SpiceJet have issued travel advisories due to bad weather in Delhi, causing flight disruptions. Passengers are advised to check their flight status before heading to the airport and to expect delays, rescheduling, or ripple effects. The airlines are closely monitoring the situation and prioritizing passenger safety.
The US affordability crisis continues despite Trump's promises, with young Americans facing rising costs and struggling to afford housing. A survey reveals that almost half of US residents are affected, especially Gen Z. The US-Israel war on Iran has also caused a spike in gas prices, adding to financial strain for many Americans.
Indian-origin tech leader Srinivas Narayanan announced his departure from OpenAI, where he has been serving as CTO since September 2025. He had previously been VP of Engineering at the artificial intelligence startup. Narayanan shared his decision on social media, citing an "incredible" three-year journey at the company. He also hinted at returning to India to spend time with his parents.
Jio Platforms, the telecom arm of Reliance Industries, is set to raise Rs 40,000-50,000 crore through its IPO, making it the largest fundraise in history. The company will file its DRHP soon and the IPO is expected to be an OFS. This listing, targeted for the first half of 2026, will bring great value for investors who joined Jio in 2020 or later.
The food ministry has eased procurement rules for Punjab due to unseasonal rains, allowing for 70% luster loss and increasing the shriveled or broken grain limit to 15%. This will aid farmers and prevent distress sales, with procurement volumes expected to increase soon. However, current wheat procurement has been slow, with only 5.13 MT purchased compared to 8.75 MT arrivals in the market.
NRIs can now benefit from competitively priced term insurance premiums in India, providing comprehensive coverage and flexible policy tenures with optional riders. This is a financially wise decision for NRIs with home loans or children's education plans in India. The digitalization of distribution has made buying insurance remotely easier.
KKR's record-breaking purchase of Cameron Green in the 2026 auction was met with skepticism, but the Australian all-rounder silenced critics with a destructive and calculated performance against Gujarat Titans. Green's 79 off 55 balls showed his versatility, consistency, and big match temperament, proving his worth as he single-handedly led KKR to a competitive total.
Cameron Green impresses with a powerful hit on TATA's Sierra during GT vs KKR match, leaving a dent on the Rs 22 Lakh SUV. This showcases Green's return to form and role as KKR's main finisher. Fans may find it amusing, but TATA may need to consider a "Green-proof" coating for their vehicles.
The commercial sports world sees a significant gap between Virat Kohli and Babar Azam, with Kohli's net worth of $125 million dwarfing Babar's $5 million. However, Babar is dominating the T20 record books, surpassing Kohli in fours hit, centuries scored, and fastest to milestones. With experience in multiple leagues, Babar is emerging as the leader in T20 cricket.
Value funds are a great choice for investors during market downturns. They use undervalued stocks, mean reversion, and sector rotation to generate alpha. As the market improves, these funds excel. They are especially successful in early cycle recoveries and rotation-driven markets.
CSK's IPL 2026 campaign is facing a setback with injuries to Khaleel Ahmed and Nathan Ellis, causing a pace-bowling crisis. To address this, they are eyeing the signing of Akash Madhwal, a former Mumbai Indians player. With a record for best bowling figures in an IPL playoff and a strong track record, Madhwal would add a new dimension to CSK's bowling attack.
Reliance Industries purchased the 300-acre estate of Stoke Park in Buckinghamshire, England for £57 million in April 2021. The property, known for its ties to royalty and Hollywood, boasts a Georgian mansion, championship golf course, and luxury country club.
Reliance Industries will release Q4 FY26 results on April 24, with discussions on potential dividends. Analysts predict impact on refining and petchem markets due to Iran War, but diversified feedstock mix may limit cost pressures. Q3 FY26 showed 0.6% increase in net profit and 10.5% increase in revenue, with oil and chemicals business remaining strong.
OpenAI CEO Sam Altman has a carefully planned physical routine that he believes enhances his cognitive abilities. This includes weight training, high-intensity intervals, and intermittent fasting. He also prioritizes sleep and uses a sleep tracker, light therapy, and the drug Metformin for anti-aging. This routine is not just a workout plan, but a performance system designed for peak output.
The article advises on taking and repaying loans, such as home and car loans. It suggests paying two extra EMIs every year instead of increasing the EMI by 5% to clear the loan early. Comparing car loan providers can minimize prepayment penalties.
Investing in gold on Akshaya Tritiya can help build long-term wealth and has seen an average return of 30% annually over the past five years. Spreading out purchases over time is recommended to reduce risk, especially with high prices. Gold remains a strong diversifier in portfolio construction, and options like gold ETFs, Sovereign Gold Bonds, and silver should be considered.
KKR, with a squad worth Rs 125 crore, is facing a must-win situation against Gujarat Titans at the Narendra Modi Stadium. They have had the worst start in franchise history, with only one point from six games and a dismal net run rate. However, with inspiration from past comebacks, KKR must win tonight to keep their IPL 2026 campaign alive and start a miracle run.
Despite facing high US tariffs, India's marine products exports rose by 14% due to increased shipments to Europe and Southeast Asia. The devaluation of the Rupee and opening up of EU markets also contributed to this growth. Non-US markets, including Russia, Canada, and Thailand, have become the new growth engine.
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.