Ola Electric's share price rose by 16% for the second consecutive day, despite a market downturn. The timing of this increase is significant as the market was facing uncertainty. The main reason for this surge is the company's announcement of its new, larger and more efficient LFP cell. Ola Electric is also making strides in its manufacturing, with plans to implement this battery in its vehicles.
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.
In the 2008 IPL draft, Delhi Daredevils had to choose between Virat Kohli and Pradeep Sangwan. Due to a crowded top order, Delhi opted for Sangwan, while Kohli went on to become an IPL legend with RCB. Delhi's decision was based on tactical considerations, but it remains one of the biggest "what ifs" in sports history. This highlights the dilemma of drafting for current needs vs. potential talent.
Wipro, a top IT company, disappointed investors by missing Q4 revenue expectations and not declaring a dividend. However, they announced their biggest share buyback worth Rs 15,000 crore and discussed the impact of AI and Middle East conflicts on their business. They also revealed their revenue guidance for Q1FY27 and emphasized their focus on AI.
A SpiceJet aircraft collided with a stationary Akasa Air plane during taxiing at Delhi airport, causing damage to both planes but no injuries. The incident involved an 18-year-old SpiceJet Boeing 737-700 and a four-year-old Akasa Air Boeing 737 8-Max. The SpiceJet aircraft has been grounded and an investigation is underway.
Sebi eases registration and fundraising requirements for NPOs on the social stock exchange, extending registration period to 3 years and lowering minimum subscription for zero-coupon zero-principal instruments to 50%. These changes aim to promote NPO participation on the SSE, a platform for social enterprises to raise capital for social welfare activities, with a minimum investment of ₹1,000.
Maruti Suzuki has discontinued the Ignis hatchback due to low demand and is now focusing on expanding its SUV portfolio. The company is investing in capacity expansion, including a new manufacturing facility in Gujarat. Plans are also in place to launch a new compact SUV and acquire land for further development. Current production capacity is at 2.4 million.
Indian Railways plans to build seven high-speed rail corridors to improve intercity travel and connectivity. The Union Budget has allocated ₹2,78,000 crore to support this vision, with the aim of reducing travel times between cities to as little as 48 minutes. The ongoing construction of the Mumbai-Ahmedabad high-speed rail corridor will also enhance connectivity between Maharashtra and Gujarat.
NCRTC has awarded a contract worth ₹12.13 crore to M/s Omega Elevators for the installation of travelators on a footbridge connecting Ghaziabad Namo Bharat Station and Delhi Metro's Shaheed Sthal Metro Station. This will make station transfers faster and more convenient, especially for elderly and differently-abled passengers.
Donald Trump quietly backed away from plans to tighten the H-2B seasonal worker program, despite it being a cornerstone of his broader immigration restrictions.
JM Financial predicts a bright future for the Indian hotel sector, with potential for up to 79% growth in select stocks. Domestic demand remains strong, but international travel disruptions are a hindrance. Top picks include Juniper, Chalet, Ventive, Brigade, Indian Hotels, Lemon Tree, and ITC.
CSK's Khaleel Ahmed, a key player in taking early wickets this IPL season, has been ruled out due to a serious thigh injury. This leaves the team without his skills for 10-12 weeks, putting additional pressure on them to find a replacement. The injury occurred during a match against KKR, where Khaleel was performing well.
A new immigration bill in the US Congress is drawing attention, particularly among international students. If passed, it could make it substantially easier for those who earn a PhD in fields such as science, engineering, mathematics, medicine, or healthcare to remain in the United States and enter the workforce.
Daliganj and Vidisha Railway Stations in Madhya Pradesh have been redeveloped under the Amrit Bharat Station Scheme, with improved facilities such as spacious circulating areas, foot overbridges, ticketing and parking facilities, waiting rooms, and clean toilets. This scheme aims to revamp over 1,300 railway stations in India. Vidisha Railway Station has also been upgraded with a grand station.
CSK filed a complaint with BCCI over DJ's song choices and comments during their match against RCB. They objected to 'Dosa, idli, sambar, chutney, chutney' song and comments about their players. CSK has instructed their DJ to avoid any remarks on the opposition team or fans. The intense rivalry between CSK and RCB has caused clashes among fans.
Pakistan got a much-needed financial boost this week after receiving $2 billion from Saudi Arabia. The country’s central bank confirmed the money came in on April 15, giving some relief at a time when pressure on foreign exchange reserves has been building.
MHA approves Shikhar Dhawan Foundation for FCRA registration, allowing it to receive donations from foreign sources. The clearance comes after a background check of the organisation and signals no regulatory barriers. Approval follows ED questioning of Dhawan in a money laundering probe, but no charges were filed. With FCRA registration, the Foundation can now access international funding.
Western Railway has announced special trains between Surat and Howrah to ease travel during peak times. The trains will run bi-weekly and provide more confirmed seats, better connectivity, and affordable options for passengers. They will also reduce the waiting list pressure and make journeys more comfortable.
A major change by the Donald Trump administration is quietly reshaping who can hire foreign workers in the US, and who can’t.
The proposed Constitution (131st Amendment) Bill, 2026 has caused controversy in Parliament as it aims to increase Lok Sabha seats to 850, with 33% reserved for women. The use of 2011 Census for delimitation has raised concerns about federal balance, but the central government has assured that all parties will be consulted by the Delimitation Commission.
A recent post by author and investor Robert Kiyosaki has put the spotlight back on India’s role in the ongoing Iran conflict, and why, despite saying very little publicly, it’s at the centre of global conversations.
House Democrats have formally filed six articles of impeachment against Pete Hegseth, accusing him of “high crimes and misdemeanours” over a series of actions linked to US military operations and internal conduct.
President Trump threatens to fire Federal Reserve Chair Jerome Powell from his separate seat on the Board of Governors if he does not leave when his term as Fed chief ends. This could delay the confirmation of Kevin Warsh as Powell's successor. Trump's anger towards Powell has been intensified by a criminal investigation.
India's exports dropped by 7.4% in March due to the US-Israel war and the blockade of the Strait of Hormuz. Exports to West Asia fell by 58%, leading to a trade deficit of $20.7 billion. However, the government is optimistic about future trade with the help of Free Trade Agreements. Imports also decreased by 6.5%, with only the engineering sector showing growth in exports.
The government's wheat procurement for the 2026-27 season has been hindered by reduced purchases from Punjab and Haryana due to unseasonal rains. Only 1.53 million tonnes have been bought at MSP, 70% lower than last year. Late harvesting and relaxed procurement norms for damaged crops are contributing to the slow drive.
The unemployment rate for people aged 15-29 years reached a nine-month high of 15.2% in March, while the overall unemployment rate for those aged 15 years and above increased to 5.1%. Urban areas had a higher joblessness rate, while rural areas saw a decline in labor force participation and worker population ratio. External factors, such as events in West Asia, may have influenced the job market.
Mutual fund houses were net buyers for over 50% of the stocks in large, mid and small cap segments. The Nifty 50, Midcap 100 and Smallcap 100 stocks saw significant net buying, with top stocks including Adani Enterprises, Shriram Finance, and Bharti Airtel.
LinkedIn's Grads' Guide 2026 report shows a surge in demand for AI and digital content roles for fresh graduates in India. These opportunities are not limited to technology, with smaller cities and various industries also hiring for roles like AI specialist and digital content creator. The report also emphasizes the growing use of AI tools and the rise of non-metro hiring hubs.