Oracle’s global layoffs, impacting up to 30,000 employees, have now reached India, with over 2,500 jobs cut. As the tech giant doubles down on AI and data centres,

Iran's Parliament Security Committee on Monday approved the Strait of Hormuz Management Plan, which includes measures to impose tolls on vessels passing through the strategic oil route.

The RBI tried to stabilise the rupee by capping banks’ forex positions. It worked, for a few hours. But deeper pressures remain. Oil prices, capital outflows, and structural risks are still pushing

Unilever has imposed a global hiring freeze across all levels for at least three months, citing mounting business challenges from the escalating conflict in West Asia.

Oracle has eliminated nearly 30,000 jobs globally as huge investments in AI data centres and infrastructure strain its finances despite strong revenue growth

The Oracle Corp. campus in Redwood City, California

Business Standard

Trump claimed that an Iranian leader had sought a ceasefire. He added that the United States would consider it only when the Strait of Hormuz was open, free, and clear

Donald Trump, Trump

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap ended 2.24 per cent and 3.24 per cent higher, respectively.

national stock exchange, NSE, markets

US President Donald Trump said that Iran had agreed to allow 20 ships carrying oil through the Strait of Hormuz starting Monday morning and continuing over the next few days "out of a sign of respect."
"I would only say that we're doing extremely well in that negotiation but you never know with Iran because we negotiate with them and then we always have to blow them up," Trump told reporters Sunday night board Air Force One as he flew to Washington.
Trump was asked if Iran had responded to the 15-point ceasefire plan the US has proposed and he said, they did and added, "They gave us most of the points. Why wouldn't they?"
But Trump didn't offer details when asked about Iran, by his telling, appearing to make major concessions. "They're agreeing with us on the plan," Trump said.
He also said Iran's new Supreme Leader Ayatollah Mojtaba Khamenei "may be alive but he's obviously, very seriously in trouble. He's seriously wounded.

Press Trust of India

CSK enter IPL 2026 opener with injury concerns: Ellis out, Dhoni sidelined for two weeks with calf strain, and Brevis ruled out of RR clash with side strain.

RR vs CSK key player battles

The rupee fell about 1 per cent last week, its fourth consecutive weekly decline of ​a similar magnitude, to hit a record low of 94.84 against the dollar

Bonds

Reuters

The rupee eventually settled at 94.81 per dollar on the final trading day of the 2025-26 financial year, little changed from Friday's close

rupee fall, crude oil surge, RBI OMO, bond yields, dollar index, currency markets, West Asia tensions

States fear losing political clout as faster population growth in states like UP, Bihar could tilt parliamentary representation, reshaping India's federal balance and democratic power structure

N Chandrababu Naidu, Chandrababu, Naidu

Bloomberg

According to IMD's forecast, thunderstorms, gusty winds and scattered rainfall will persist across India till April 5, while temperatures climb across central and eastern regions before a brief dip

heatwave summer heat

Here are the best of Business Standard's opinion pieces for today

Illustration: Binay Sinha

The Lok Sabha on Wednesday passed a bill to amend certain provisions in different laws for decriminalising and rationalising minor offences to further promote ease of doing business and living.
The Jan Vishwas (Amendment of Provisions) Bill, 2026, was passed with a voice vote.
The bill proposes to amend 784 provisions of 79 Central Acts administered by 23 ministries. It seeks to decriminalise 717 provisions and amend 67 provisions to facilitate ease of living.
It also seeks to rationalise more than 1,000 offences, removing outdated and redundant provisions, thereby improving the overall regulatory environment.
Replying to the debate on the bill, Commerce and Industry Minister Piyush Goyal said it will help people and MSMEs.
Amendments moved by Congress member K Kavya were rejected by voice vote.

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