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Donald Trump vows to block Hormuz after US-Iran peace talks fail

Vance said Iran had chosen not to accept American terms, including not to build nuclear weapons

Updated On: 12 Apr 2026 | 11:20 PM IST

Headwinds may be past us, FY27 to be better: TCS CEO K Krithivasan

Krithivasan discusses growth prospects for FY27, the perceived threat from artificial intelligence tools, and hiring trends

Updated On: 13 Apr 2026 | 12:05 AM IST

Equities, rupee brace for market volatility amid West Asia conflict

Experts say the pause in negotiations has reintroduced a layer of uncertainty, particularly around crude-oil prices, which remain a key monitorable for the markets

Updated On: 12 Apr 2026 | 11:37 PM IST

Electric 2-wheeler maker Ather to cut aluminium content to ease costs

Ather plans to reduce aluminium content in scooters to cut costs and improve margins, with up to 15 per cent savings expected on its upcoming EL platform

Updated On: 12 Apr 2026 | 11:43 PM IST

MCA's AI model to score, sift company name approvals in less than a day

MCA plans AI-based green channel for company name approvals with confidence ratings, aiming to reduce processing time to under a day and improve transparency

Updated On: 12 Apr 2026 | 11:47 PM IST

Companies

TCS' FY27 starts with 25,000 fresher offers, the lowest since FY20

TCS rolls out 25,000 fresher offers for FY27, its slowest start in years, as AI-led skill gaps and cautious hiring reshape campus recruitment trends

Updated On: 13 Apr 2026 | 12:05 AM IST

AI deal pricing to move towards outcome-based structures: TCS CFO

AI deals will gradually shift pricing toward outcome-based models as enterprises move from pilots to execution and demand measurable results, says Seksaria

Updated On: 13 Apr 2026 | 12:05 AM IST

RMZ Group's $35 billion plan in India: Data, AI, offices, and homes

RMZ Group plans $35 billion investment across data centres, AI infrastructure and real estate, while exploring IPO to fund long-term growth

Updated On: 12 Apr 2026 | 11:46 PM IST

Zero tolerance for harassment, staff accused in Nashik case suspended: TCS

IT major Tata Consultancy Services (TCS) on Sunday said that the firm has adopted a zero-tolerance policy towards harassment and coercion of any form for a long time, confirming the suspension of employees allegedly involved in sexual harassment at its Nashik office. The clarification comes in the wake of allegations of sexual harassment and forced religious conversion by eight female employees at the multinational company's office in Nashik. Earlier this week, the police formed a special investigation team (SIT) to probe the complaints lodged by eight employees, who claimed that senior colleagues mentally and sexually harassed them, and the human resources department turned a deaf ear to their complaints. The police have since arrested seven people, including the company's female HR manager. The company, in a statement, said, "TCS has a long-standing zero-tolerance policy towards harassment and coercion of any form. We have always ensured the highest standards of safety and ...

Updated On: 12 Apr 2026 | 10:59 PM IST

With AI, GitHub aims to have a billion software developers: Kyle Daigle

GitHub says AI agents are redefining software development, enabling developers to build, test and deploy faster as India emerges as its second-largest hub

Updated On: 12 Apr 2026 | 10:47 PM IST

Shell steps up LNG supplies to India, wins major fertiliser tenders

Global energy major Shell plc has ramped up natural gas supplies to India in the wake of disruptions triggered by the West Asia conflict, leveraging its global liquefied natural gas (LNG) portfolio to capture a larger share of spot and term demand, including key fertiliser sector tenders. Industry sources said Shell emerged as a leading supplier in last month's bulk LNG procurement by Indian fertiliser companies, securing a supply of 4 trillion British thermal units out of 6 TBtus volumes tendered, as the government moved to ensure feedstock availability for urea production amid constrained supplies from the Gulf. With supplies from India's largest LNG supplier in Qatar disrupted by the West Asia conflict, Shell plc's India arm stepped in, importing its largest-ever monthly LNG volumes in March, they said. Besides fertiliser, Shell India also supplied gas to other industrial users and retailers. In March, it became India's largest supplier of imported gas. Shell's ability to step u

Updated On: 12 Apr 2026 | 10:36 PM IST

Economy

Iran war prompted India to change crude formula to fix 3-year inaccuracy

Old formula did not represent the price paid by Indian refiners

Updated On: 12 Apr 2026 | 11:08 PM IST

Consumer durables' Q4 results may show impact of war, March rainfall

Rising input costs and unseasonal March rains hurt consumer durables demand in Q4FY26, with margin pressures expected to persist despite modest growth outlook

Updated On: 12 Apr 2026 | 10:53 PM IST

India's poverty map bends under climate pressure, finds NISER study

NISER study finds climate shocks like floods, droughts, and rising temperatures are deepening poverty, especially in agriculture-dependent and vulnerable regions

Updated On: 12 Apr 2026 | 10:08 PM IST

Finance

RBI DG T Rabi Sankar criticises banks' arbitrage trades as rupee weakens

Since the RBI first clamped down to support the battered rupee, which had hit record lows and was staring at the 100 per dollar mark, the local currency has gained around 2%

Updated On: 12 Apr 2026 | 11:41 PM IST

RBI seeks to tighten oversight of govt NBFCs with new classification norms

Uncertainty lingers over Tata Sons de-classification as upper-layer NBFC

Updated On: 12 Apr 2026 | 11:38 PM IST

Bankers see merit in RBI's one-hour e-payment lag despite cost concerns

Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000

Updated On: 12 Apr 2026 | 11:35 PM IST

GST-led ITC loss, market swings to test insurers' profitability in Q4 FY26

GST-led input tax credit loss and weak equity markets may weigh on insurers' Q4 FY26 profitability, with life insurers facing sharper impact while general insurers see demand support

Updated On: 12 Apr 2026 | 5:10 PM IST

Opinion

Smart pumps power nuclear energy growth in India's clean energy shift

Smart pumps power India's nuclear leap as Kalpakkam Fast Breeder Reactor achieves criticality, marking a milestone in clean energy ambitions

Updated On: 12 Apr 2026 | 11:31 PM IST

Call for a basic plan: Telcos must also offer non-data plans for users

Trai pushes telcos to offer cheaper voice-SMS plans, aiming to improve affordability and digital inclusion amid rising concerns over pricing and limited competition

Updated On: 12 Apr 2026 | 11:18 PM IST

Risks persist: Fog of uncertainty descends as Iran-US negotiations fail

Failed US-Iran talks and continued Hormuz blockade deepen global uncertainty, with fragile diplomacy offering only limited hope amid escalating geopolitical tensions

Updated On: 12 Apr 2026 | 11:11 PM IST

Everyone loves a good GST: Politicians understand the flaws in system

India's GST needs urgent reform as structural flaws-multiple rates, exemptions, and broken credit chains-continue to hurt growth, investment, and exports

Updated On: 12 Apr 2026 | 11:03 PM IST

The question of energy in times of West Asia war and global disruption

War-driven oil disruptions are reshaping global energy markets, accelerating the shift to renewables while exposing deep vulnerabilities in energy security worldwide

Updated On: 12 Apr 2026 | 11:02 PM IST

A year of foreign play in finance: A roundup of FY26's defining moves

When it came to banking, the turf on which foreign banks play in India saw dramatic developments last year; the lens through which the banking regulator viewed them also changed

Updated On: 12 Apr 2026 | 10:36 PM IST

Time for change: If nominees can sell shares, why not real estate?

If financial regulators can make transmission of securities and bank deposits swift and certain, there is no reason why state governments cannot do the same for real estate

Updated On: 12 Apr 2026 | 9:44 PM IST

Govt acted swiftly, but more support needed to cushion war impact

Strait of Hormuz disruption strains India's trade, prompting swift policy action, but experts call for a targeted support package to ease logistics and cost pressures

Updated On: 12 Apr 2026 | 5:40 PM IST

Markets

Lightstorm eyes IPO, AI-led growth on Cloud and data centre connectivity

I-Squared Capital, NIIF-backed fibre and connectivity provider set to invest $100-200 mn in network for AI hyper growth

Updated On: 12 Apr 2026 | 11:30 PM IST

Earnings momentum, structural drivers stronger for other EMs: Tirumalai

UBS flags elevated valuations as global investors stay cautious on India, favouring other EMs amid stronger AI-driven growth opportunities

Updated On: 12 Apr 2026 | 10:30 PM IST

SBI Focused Fund: Focus on select largecaps, sectors deliver higher returns

SBI Focused Fund outperforms peers and benchmark, driven by selective large-cap bets and sectoral allocation across high-return segments

Updated On: 12 Apr 2026 | 10:26 PM IST

Flexicap funds take lead in FY26 as midcap, smallcap inflows cool

Flexicap funds top FY26 inflows as investors shift from mid- and smallcaps to diversified and multi-asset strategies amid market volatility

Updated On: 12 Apr 2026 | 10:14 PM IST

Street signs: New territory beckons, SIF naming playbook, and more

NSE expands into commodities, FPI settlement norms evolve amid tax concerns, and mutual funds adopt distinct branding for specialised investment funds

Updated On: 12 Apr 2026 | 10:09 PM IST

Diagnostics stocks favoured on Q4 optimism amid strong volume growth

Sector to outshine healthcare peers as higher volumes, steady realisations will boost revenue and profit, say analysts

Updated On: 12 Apr 2026 | 10:07 PM IST

Technology

Physical AI explained: Why a bigger shakeup may be round the corner

AI brings intelligence directly into physical systems, allowing them to perform tasks with precision and responsiveness

Updated On: 12 Apr 2026 | 10:58 PM IST

Follower to leader: India's AI application shifts reshape tech landscape

India emerges as a leader in AI's application layer, with startups driving real-world deployment, enterprise adoption and revenue generation, says SenseAI Ventures

Updated On: 12 Apr 2026 | 10:48 PM IST

India races to build sentinels of the space as orbital threats mount

India explores 'bodyguard satellites' to shield space assets after close orbital encounters, partnering startups to boost surveillance and defence in low-Earth orbit

Updated On: 12 Apr 2026 | 10:45 PM IST

Politics

In Bengal's Murshidabad, roll deletions trigger 'decitizenisation' fears

Even as CM Mamata Banerjee has vowed to fight to restore the electors' rights, a sense of abandonment is surfacing among those who have been disenfranchised

Updated On: 12 Apr 2026 | 10:32 PM IST

The Vanniyars and the vote: A key factor in 70-75 Tamil Nadu seats

The Vanniyars are a "backward class" community largely in north Tamil Nadu, engaged mostly in agriculture. A large section comprises landless labourers

Updated On: 12 Apr 2026 | 10:14 PM IST

Will Vijay's TVK disrupt Tamil Nadu's Assembly election arithmetic?

Actor-politician's poll debut is most likely going to split votes. It remains to be seen if DMK or AIADMK benefits

Updated On: 12 Apr 2026 | 10:07 PM IST

Health

Parl panel raps Health Ministry over SSDRS funding gaps, approval delays

Panel flags funding discontinuity in drug regulation scheme, urges swift SSDRS 2.0 approval and decentralisation of medical device clearances to ease bottlenecks and improve oversight

Updated On: 12 Apr 2026 | 4:43 PM IST

India News

A voice that soared free: Legendary singer Asha Bhosle dies at 92 in Mumbai

Asha Bhosle, the versatile voice of Indian cinema, leaves behind an unmatched musical legacy spanning eight decades and countless unforgettable songs

Updated On: 12 Apr 2026 | 10:44 PM IST

Pass women's quota Bill in 'one voice': PM to Parliament floor leaders

Prime Minister Narendra Modi has said that the time has come for the implementation of the Women's Reservation Act in its true spirit and the 2029 Lok Sabha elections and Assembly elections are conducted with the quota for women in place. In a letter to the flood leaders of Lok Sabha and Rajya Sabha, ahead of the three-day special sittings of Parliament, Modi also asked all members to come together in one voice to pass the amendments to the women's reservation law, officially known as Nari Shakti Vandan Adhiniyam. "After extensive deliberations, we have reached the conclusion that the time has now come to implement the Nari Shakti Vandan Adhiniyam in its true spirit across the country. "It is imperative that the 2029 Lok Sabha elections and Assembly elections are conducted with women's reservation in place," the Prime Minister said in his letter dated April 11. The Budget Session of Parliament has been extended, and a special three-day sitting of the House has been convened on Apri

Updated On: 12 Apr 2026 | 10:32 PM IST

States must operationalise mineral resources for growth: Experts

Experts say unlocking bauxite resources and building downstream linkages can reduce imports, boost industrial growth, and create jobs in mineral-rich states like Odisha

Updated On: 12 Apr 2026 | 8:43 PM IST

Industry

Shivraj Singh Chouhan unveils district-wise agri roadmap for 4 MP districts

Union Agriculture Minister Shivraj Singh Chouhan harps on value addition and integrated farming models

Updated On: 12 Apr 2026 | 11:41 PM IST

West Asia war: OMCs face renewed pressure as US-Iran peace talks collapse

Indian vessel carrying nearly 20,400 tonnes of LPG crossed Hormuz on April 11

Updated On: 12 Apr 2026 | 11:04 PM IST

₹5 trillion power transmission projects under bidding and execution

Projects worth ₹5 lakh crore are underway to strengthen transmission capacity as India targets 500 GW non-fossil capacity, amid challenges such as right-of-way and supply constraints

Updated On: 12 Apr 2026 | 10:55 PM IST

Statsguru: India yet to plug EV gap in the race with Asian peers

There has been strong growth in EV sales across Asian countries over the past few years, with most markets witnessing sharp expansions between 2021 and 2024

Updated On: 12 Apr 2026 | 10:46 PM IST

Delhi EV draft policy likely to draw pushback from major automakers

Industry flags lack of electric motorcycles, pricing gaps, and enforcement concerns, saying Delhi's aggressive EV transition plan may not be feasible in its current form

Updated On: 12 Apr 2026 | 10:35 PM IST

Electric motorcycles gain traction, but scaling remains a challenge

Scaling the two-wheeler segment presents structural challenges for e-motorcycles

Updated On: 12 Apr 2026 | 10:28 PM IST

States advised, not directed, to promote pulses and millets: FinMin

Finance Ministry clarifies its letter urging crop diversification is advisory, not binding, amid Tamil Nadu criticism over incentives for paddy and MSP-linked bonuses

Updated On: 12 Apr 2026 | 10:17 PM IST

Ambani law school denies hybrid class claim as INALP seeks BCI probe

Dhirubhai Ambani University law school denies hybrid teaching allegations, says LL.M programme is campus-based as INALP plans to approach BCI over compliance concerns

Updated On: 12 Apr 2026 | 7:56 PM IST

Press bodies, advocacy groups urge rollback of proposed IT Rules changes

Media and policy groups warn draft amendments could expand censorship powers, threaten free speech, and bring independent creators under tighter government control

Updated On: 12 Apr 2026 | 7:50 PM IST

Book

Here Where We Live Is Our Country: What is Judaism without Zionism?

As debates over Zionism intensify, a new book revisits the Jewish Labour Bund, offering an alternative vision of Jewish identity rooted in "hereness" and solidarity

Updated On: 12 Apr 2026 | 11:23 PM IST

World News

US, China race to build AI weapons as autonomous arms competition heats up

Pentagon officials concluded that America's program for unmanned combat drones was lagging China's

Updated On: 12 Apr 2026 | 11:11 PM IST

What next after JD Vance leaves Islamabad without a peace deal with Iran?

The lack of a breakthrough after 21 hours of negotiations leaves the Trump administration facing several unpalatable options

Updated On: 12 Apr 2026 | 11:04 PM IST

Oil markets scramble for supplies as West Asia shortfall drives prices

Traders said the panicky moves across the world's key physical oil markets demonstrated the scale of the shortfall that's due to be felt as loss of supplies from the West Asia leaves a growing gap

Updated On: 12 Apr 2026 | 9:43 PM IST

IMF, World Bank meet to assess fallout of Trump's Iran war on growth

IMF chief Kristalina Georgieva warned that the international community is becoming less able to respond to shocks

Updated On: 12 Apr 2026 | 9:37 PM IST

External Affairs Defence Security

West Asia conflict: India, UAE discuss energy ties, regional security

Jaishankar meets UAE leadership, thanks them for support to Indian diaspora amid West Asia tensions, as Pakistan eyes Qatar replacing UAE as creditor

Updated On: 12 Apr 2026 | 11:06 PM IST