Page 7 - Latest News
Top oil traders warn Hormuz closure risks global recession, demand hit
The vital energy channel has been largely closed to non-Iranian shipping since war began at the end of February, choking off hundreds of millions of barrels of supply
 "Top oil traders warn Hormuz closure risks global recession, demand hit")
PNG push gains pace: 500,000 new connections amid LPG supply concerns
Till April 19, about 39,400 PNG consumers have surrendered their LPG connections
 "PNG push gains pace: 500,000 new connections amid LPG supply concerns")
Stocks extend losses as Vance trip on hold fuels Iran talks uncertainty
The standoff threatens to deepen a global energy crunch, with flows through the vital Strait of Hormuz remaining at a virtual standstill
 "Stocks extend losses as Vance trip on hold fuels Iran talks uncertainty")
Broader 'export incentives' definition in ITA 2025 prompts CBDT clarity
Experts warn wider wording in new income-tax law could expand tax scope to indirect benefits, urging CBDT to clarify and prevent disputes for exporters
 "Broader 'export incentives' definition in ITA 2025 prompts CBDT clarity")
Bills at public hospitals are much higher in poorest states: NSO survey
NSO data shows higher out-of-pocket costs in poorer states' government hospitals, highlighting disparities in public healthcare despite rising insurance coverage
 "Bills at public hospitals are much higher in poorest states: NSO survey")
India's crude oil import bill fell 5% in March amid West Asia conflict
Natural gas consumption up 7% as government promotes usage
 "India's crude oil import bill fell 5% in March amid West Asia conflict")
Results preview: Pharma growth steady in Q4, but US drag weighs on margins
India's pharma and healthcare firms may post steady Q4 revenue growth, but weak US generics and rising costs are likely to keep margins under pressure
 "Results preview: Pharma growth steady in Q4, but US drag weighs on margins")
Persistent Systems Q4 results: Net profit rises 33.7% to ₹529.2 crore
IT firm reports strong quarterly growth driven by AI-led demand, with revenue up 25 per cent and continued momentum in deal bookings and client engagements
 "Persistent Systems Q4 results: Net profit rises 33.7% to ₹529.2 crore")
Indian exporters may not get US tariff refunds, but pricing power improves
Indian exporters are linked to about $12 billion of the total refunds. Textiles and apparel account for roughly $4 billion of that amount
 "Indian exporters may not get US tariff refunds, but pricing power improves")
Nestle India's Q4 net profit rises 27.2% on margin expansion, volume growth
The maker of KitKat reported revenue rising 22.6 per cent to Rs 6,747.8 crore and high double-digit growth, along with its highest-ever domestic sales of Rs 6,445 crore, in its release
 "Nestle India's Q4 net profit rises 27.2% on margin expansion, volume growth")
HCLTech Q4 results: Net profit up 4.2%; slow start to FY27 flagged
Client cutbacks, macro jitters trim growth expectations
 "HCLTech Q4 results: Net profit up 4.2%; slow start to FY27 flagged")
A first: Life insurers collected ₹4 trn in new business premium in FY26
Industry sees strongest growth since FY23 as new business premium crosses Rs 4 trillion, driven by GST cut, product launches and recovery after regulatory changes
 "A first: Life insurers collected ₹4 trn in new business premium in FY26")
Telecom service providers require tariff hikes to stem Arpu decline
The impact on Vodafone Idea (Vi) could be harsher with a 15 per cent hit on Ebitda, and a delay in tariff could also push the next round to further than July 2029
 "Telecom service providers require tariff hikes to stem Arpu decline")
Vance's Islamabad trip on hold as Iran stays silent on US' proposal: Report
Iran is yet to take a final call on joining the proposed talks in Pakistan, Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday
 "Vance's Islamabad trip on hold as Iran stays silent on US' proposal: Report")
Rupee falls after RBI partially rolls back forex curbs on derivatives
Currency weakens to 93.50 against dollar as RBI eases curbs on derivative trades, while oil prices and global factors continue to weigh on sentiment
 "Rupee falls after RBI partially rolls back forex curbs on derivatives")
IPL 2026 points table: Team rankings and key stats after GT vs MI match
Shreyas Iyer-led Punjab Kings continue to lead the points table in IPL 2026 with their six-match unbeaten run
SRH vs DC HIGHLIGHTS IPL 2026: Abhishek-Malinga shine as SRH thrash DC to secure third straight win
IPL 2026 HIGHLIGHTS: Abhishek Sharma (135 not out off 68 balls) scored his second IPL century in Hyderabad to equal the most tons record for SRH
Markets trace Covid-era comeback: BSE 500 up 12.1% so far this month
The Sensex rose 753 points, or 0.96 per cent, to 79,273, while the Nifty 50 added 212 points, or 0.9 per cent, to 24,577 - both their strongest finishes since March 6
 "Markets trace Covid-era comeback: BSE 500 up 12.1% so far this month")
RBI allows issuers to map existing e-mandates if cards are reissued
The changes in instructions on e-mandates were based on feedback from stakeholders, the RBI said
 "RBI allows issuers to map existing e-mandates if cards are reissued")
PNB Housing Fin eyes 18-20% growth in FY27, says Ajai Kumar Shukla
PNB Housing Finance posts strong Q4 profit growth, with management reaffirming a retail-led strategy and cautious expansion into corporate lending
 "PNB Housing Fin eyes 18-20% growth in FY27, says Ajai Kumar Shukla")