Trump thanks India’s Reliance for $300B Texas refinery investment

US President Donald Trump on Tuesday announced the opening of an oil refinery in Brownsville, Texas, thanking Indian energy giant Reliance Industries for investing in the project.

The Reserve Bank of India is the backbone of India's financial system, responsible for monetary policy, currency management, and regulation of banks and financial companies. Governor Sanjay Malhotra highlights the central bank's role in maintaining price stability, financial stability, and its developmental role in projects such as Jan Dhan, UPI, and Central Bank Digital Currency.

UK employers cut around 11,000 jobs in March 2026, marking the first strong sign that the Iran conflict is starting to affect the labour market. The figures come from HMRC tax data released by the Office for National Statistics (ONS). This is the biggest monthly fall since November and is nearly double the drop seen in February.

Elara Capital has given a 'Buy' rating to Sagility India with a target price of Rs 54, citing favourable industry trends, strong relationships with top clients, and potential for growth in high-growth segments. The company's financial deleveraging is also a contributing factor. Despite recent fluctuations, the stock has shown positive performance in the short and long term.

Motilal Oswal, a domestic brokerage house, has identified India's transmission and power equipment sector as a key sector to watch. The brokerage has initiated coverage on select companies and reiterated its positive stance on others, including CG Power and Industrial Solutions, Atlanta Electricals, and GE Vernova T&D India.

Southern Railways has launched one-way special trains on the Nagercoil-Chennai Egmore route to ease the summer travel rush. The trains will run on April 21 and 22, 2026, with multiple stoppages and a mix of coaches for different types of passengers. These special trains aim to reduce crowding during peak travel days and provide additional confirmed seats.

West Virginia Congressman Riley M. Moore has sent a formal letter to Homeland Security Secretary Markwayne Mullin, asking the Department of Homeland Security (DHS) to end several work programs that allow foreign students in the US to work after or during their studies.

South Korean media reports state that HYBE's Chairman and Founder Bang Si Hyuk, the man behind BTS, is being sought for arrest on charges of fraudulent and unfair trading. The Metropolitan Police Agency's financial crimes investigation unit has booked Bang, but HYBE has not yet released a statement. This is a developing story.

South Central Railway has launched special trains to ease the expected crowding during the summer travel rush. The services will run from April 23 to May 3, 2026, connecting major destinations like Charlapalli, Jasidih, Muzaffarpur, and Barauni. These trains will offer reduced crowding, better connectivity, and more travel flexibility for passengers.

A Florida International University student was arrested for making threats in a WhatsApp group chat with over 200 members. The 23-year-old joked about a school event being bombed by Israeli Prime Minister Benjamin Netanyahu, leading to the event being postponed. The student has admitted to the messages and has been booked for threats to harm.

Vedanta, headed by Anil Agarwal, is undergoing a much-awaited demerger on May 1, 2026, resulting in five listed companies. Shareholders will receive shares in these entities, representing different sectors. The market will closely monitor their valuations, timeline of listings and approvals, debt and balance sheet allocation, sector-specific performance, and investor strategy post-demerger.

Trump on Monday said he is unlikely to extend the current two-week ceasefire with Iran, increasing pressure on negotiators to reach a deal before the deadline expires this week.

Indian-origin migration agent Vaneet Kaur Chadha has been banned in Australia for five years for multiple violations, including providing false information on visa applications, engaging in misleading advertising, and providing unlawful immigration assistance. The investigation by the Australian Government found that she lacked integrity and was not fit to give immigration advice.

PNB Housing Finance saw a 19% rise in net profit in Q4, reaching Rs 656 crore. Although net interest margin decreased to 3.69%, the gross non-performing assets ratio improved to 0.93%. Assets under management grew by 13% to Rs 90,921 crore, with retail loan assets increasing by 16%. The board suggested a dividend of Rs 8 per share, and the stock price has risen.

Canada has brought in a major new immigration law that could affect nearly 30,000 people who filed asylum claims. The new law, called the Strengthening Canada’s Immigration System and Borders Act or Bill C-12, received Royal Assent on March 26, 2026. With that final approval, the bill officially became law.

US consulates in India have started releasing new interview slots for H-1B work visas, H-4 dependent visas, and fresh F-1 student visas after months of major disruption.

FMS Delhi's MBA program saw a 7.2% increase in average CTC, with the highest CTC reaching Rs 1.1 crore. Consulting, IT, analytics, marketing, and finance were the top sectors for recruitment. The placement process was divided into two parts, with measures taken to ensure a smooth and transparent process.

India and South Korea aim to double annual bilateral trade to $50 billion by 2030 and upgrade their Comprehensive Economic Partnership Agreement within a year. They plan to establish a Korean Industrial Township, cooperate in the critical minerals value chain, and launch a Korea-India Defence Accelerator innovation platform.

Indian Commerce and Industry Minister Piyush Goyal proposes a new trade deal with South Korea, citing the current one's ineffectiveness since 2010. The two nations are discussing a revised FTA to align with current global changes. India is also finalizing a Bilateral Trade Agreement with the US and aiming for preferential market access.

Aavas Financiers has named Manu Singh as the new MD and CEO, replacing Sachinder Bhinder who resigned due to personal and professional reasons. Singh's appointment is awaiting approval from shareholders and RBI. Bhinder will remain as senior advisor.

Akshayakalpa, a successful organic dairy brand in Bengaluru, is investing Rs 200 crore to expand to Mumbai and Pune. It will focus on the premium dairy market, offering milk at Rs 100-110 per litre, and introduce new products like cheese, paneer, curd, and eggs.

Lucy Guo, the 30-year-old founder and CEO of Passes, has dethroned Taylor Swift as the world's youngest self-made female billionaire. Her daily schedule, which includes a 5:30 a.m. start and a rigorous workout regimen, has attracted attention since her company, Scale AI, was valued at $29 billion.

Odisha's railway network is rapidly expanding with projects worth ₹90,000 crore underway, including the Khurda Road–Balangir rail line and a redevelopment plan for Brahmapur Station. This plan will enhance passenger facilities and modernize the station. Additionally, 59 other stations in Odisha are being upgraded, which will reduce platform congestion and waiting times for passengers.

Indian Railways has launched Summer Special Express trains between Chennai and key destinations in eastern India to ease the rush during summer. These "Trains on Demand" will benefit students, families, and working professionals traveling between Tamil Nadu and eastern states. They will provide easier ticket availability, better interstate connectivity and relief for holiday travelers.

Bollywood icon Deepika Padukone — who just announced her second pregnancy alongside husband Ranveer Singh — owns a portfolio of luxury assets that includes a Rs 119 crore sea-facing quadruplex in Bandra, a car collection valued at over Rs 10 crore, and a Hermès Birkin she saves for her most important appearances.

Jane Fraser, the first female CEO of a major Wall Street bank, received valuable advice from Warren Buffett on handling tough workplace situations. She learned to delay her reaction and avoid responding in anger, as well as to praise individuals by name and criticize by category. This approach has helped her succeed and has relevance in today's corporate world.

The Amrit Bharat train between Brahmapur and Udhna will soon run six days a week, providing improved connectivity and comfort for passengers travelling between Surat and Odisha. This will benefit daily commuters and migrant workers, while also strengthening regional links between five states.

Tamil Nadu Assembly Elections 2026 will take place on April 23. The Association for Democratic Reforms (ADR) report reveals staggering wealth of candidates, with AIADMK's Leema Rose Martin topping the list with assets of over Rs 5,800 crore. TVK's C. Joseph Vijay and Aadhav Arjuna also feature in the top 10, highlighting the party's strong presence among wealthy contenders. DMK and

The government has identified "Civil Lines" as part of a broader review of colonial-era legacies, in line with its push to promote an indigenous identity and reframe administrative and cultural references.

A major 7.4 magnitude earthquake struck the Tohoku region in Japan, with a depth of 10 km and epicentre on the Sanriku Coast. Tsunami warnings were issued for the northeast, with waves up to 3 metres expected to hit coastal areas. People were urged to evacuate and move to higher ground immediately. The situation is still developing.

From Monday, US businesses that paid tariffs later ruled illegal can begin asking for refunds. The system will open at 8 am through an online portal run by US Customs and Border Protection.

Union Railway Minister Ashwini Vaishnaw visited Bhubaneswar Railway Station to review the ongoing redevelopment work. He inspected the upgraded facilities and spoke to passengers about their experience. The station now offers modern facilities, including a spacious waiting area and airport-like concourse.

Two Indian-origin executives, Puthugramam “Harish” Chidambaran and Sayyed Farhan Ali “Farhan” Naqvi, were charged with multiple crimes including financial fraud. They allegedly inflated their bankrupt company's revenue by hundreds of millions through fake contracts. Chidambaran and Naqvi were arrested in April 2024 and accused of exploiting investor excitement over AI.

In the middle of the ongoing Iran–US–Israel conflict in the region, a viral photo showing an Israeli soldier using a sledgehammer to strike a statue of Jesus Christ has triggered strong backlash.

Jefferies, a global brokerage house, has identified top picks in renewable energy due to rising power demand, policy support, and global uncertainties. It rates JSW Energy and NTPC as ‘Buy’ with potential upsides of 35% and 16%. In solar manufacturing, Premier Energies and Emmvee are preferred for their strong financial positions.

JM Financial has upgraded VA Tech Wabag's rating to 'Buy' and set a target price of Rs 1,755, citing a potential 30% increase from current market value. The company's strong order backlog and strategic roadmap, along with India's water crisis and innovative OCOO model, have influenced the positive outlook.

Reliance Industries, owned by Mukesh Ambani, will release Q4FY26 results on Friday. Expectations include dividends and updates on growth businesses. The board will discuss a possible FY26 dividend, while investors watch energy, telecom, and retail performance. Speculation about a Jio Platforms IPO, one of India's largest, also looms.

Tamil Nadu Assembly Elections 2026 will see a concentration of wealth among contestants, with 18% facing criminal charges. Top parties have fielded crorepatis, while billionaires remain rare. DMK has 97% crorepati candidates, while BJP has a high proportion of wealthy candidates. Regional parties display mixed trends, with some having 100% crorepati candidates.

An Indian-origin man and a US citizen were detained at Srinagar airport for carrying a satellite communicator and GPS device. The US national was identified as Jeffrey Scott Prather, while his fellow traveller was of Indian descent. They were scheduled to fly onboard an Air India flight from Srinagar to New Delhi.

HDFC Bank and ICICI Bank's quarterly results have brought attention to dividends, with HDFC Bank announcing a final dividend of Rs 13 per share and ICICI Bank recommending Rs 12 per share. The record date for HDFC Bank shareholders is June 19, while ICICI Bank's is yet to be announced. Both banks have reported strong performance.

The United States military says its forces stopped and seized an Iranian-flagged cargo ship in the Arabian Sea after it tried to sail toward Iran despite an American naval blockade.

HDFC Bank and ICICI Bank, two major private sector lenders in India, received positive ratings from brokerage firm Nuvama for their Q4FY26 earnings. The focus now shifts to their ability to maintain growth, margins, and asset quality in the future. Nuvama maintains a 'Buy' rating on HDFC Bank and ICICI Bank.

Iowa City Police have released a photo of five individuals, including three University of Iowa students, who are "persons of interest" in a shooting near the university. One victim is critical and four are stable. The university has released a statement and is working closely with the police. The investigation is ongoing and public assistance is needed to identify the individuals.

In a tragic incident of domestic violence and mass shooting, Shamar Elkins killed eight children, including seven of his own, and injured two women in Louisiana. The suspect, a former Army veteran, had a history with law enforcement and had recently expressed his struggles with mental health on social media. The city of Shreveport is in shock and in need of support after this devastating event.

HDFC Bank's shares are in the spotlight after reporting its Q4 earnings for FY26. Despite the sudden exit of the Chairman, the bank delivered higher profits and operating income, but NII was lower than expected. The bank also declared a final dividend of Rs 13 per share and has addressed past governance concerns. In Q3 FY26, the bank saw a 11.5% increase in net profit and improved asset quality.

PBKS has made history in IPL 2026 by winning 6 consecutive matches, breaking the previous record set by Kings XI Punjab and Rajasthan Royals. They have excelled in chasing and setting record-breaking totals, making them the new benchmark for success in the IPL. No team has been able to match their undefeated start this season.

The FII Index Future portfolio had a steady amount of longs above 20% during the week, but the Nifty index rise did not result in a significant increase. Short positions were closed, and risk appetite has improved with SMIDs gaining momentum. The Nifty FMCG Index has rebounded and is testing the lower boundary of the Ichimoku cloud.

KKR's 4-wicket win against Rajasthan Royals has given them hope, but they still have a tough road ahead. With only 3 points out of 7 matches, they must win all 7 remaining games to reach the playoffs. They also need other teams to win against middle-ranked teams and must improve their net run rate. Their home ground, Eden Gardens, will be crucial in their quest for the playoffs.

PBKS set a record-breaking target of 254/7 at the Maharaja Yadavindra Singh International Cricket Stadium in Mullanpur, thanks to a destructive 184-run partnership between openers Priyansh Arya (93 off 37 balls) and Cooper Connolly (87 off 46 balls). This surpassed the previous season-high of 250/3 set by RCB.

The Director of IIT Bombay has expressed concerns about the coaching culture that prioritizes exam success over critical thinking skills. With the JEE shifting towards conceptual understanding, traditional coaching may become outdated. Infinity Learn's CEO proposes AI-based personalized learning to bridge this gap.

Pravaha, Bihar's first multidisciplinary university, aims to bridge the gap between the state's intellectual legacy and modern infrastructure. It will offer a one-year post-graduate program integrating tech, AI, data, business, design, and entrepreneurship. The campus construction has begun, and the first cohort of 50 fellows is expected to start in August 2027.