Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensions

[ad_1] The Reserve Bank of India (RBI) has cautioned that possible second-round effects, where supply shocks could transform into demand-side pressures, require careful and continuous assessment amid the ongoing West Asia conflict, according to the April edition of its bulletin.The bulletin noted that while the ceasefire between the United States and Iran has provided some…

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Trump’s ‘Gold Card’ visa: One cleared, hundreds await as $1 million residency plan rolls out

[ad_1] The United States has approved only one applicant so far under President Donald Trump’s ‘Gold Card’ visa programme. According to Commerce Secretary Howard Lutnick, the visa programme will offer US residency in exchange for a $1 million fee.Testifying before a US House committee on Thursday, Lutnick said that the identity of the approved applicant…

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Stock Market Today Highlights: Sensex ends over 850 points down; Nifty50 below 24,200 as oil prices rise

[ad_1] “Indian equity markets are expected to open on a weak to negative note on Thursday (23rd April 2026), tracking sharp weakness in GIFT Nifty and cautious global cues. GIFT Nifty is currently trading around 24,200, down by nearly 160 points, indicating a gap-down start for domestic benchmark indices. The decline reflects profit booking after…

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France Ends Airport Transit Visa Requirement for Indian Travellers | Business

[ad_1] Good news for travellers: France scraps transit visa for Indian passport holders France has lifted the airport transit visa requirement for Indian nationals with effect from April 10, the French Embassy in India announced on Thursday.Indian nationals holding ordinary passports are no longer required to obtain an airport transit visa when passing through the…

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RBI MPC Expresses Concerns Over Growth and Inflation Amid Supply Chain Disruptions | India Business News

[ad_1] MUMBAI: The minutes of the April meeting of the Monetary Policy Committee (MPC) reveal a panel that was deeply concerned about the downside risks to growth emanating from the West Asia conflict, even as it remained uniformly confident about the resilience of India’s macro fundamentals leading to the unanimous decision to hold rates.Governor Sanjay…

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Godrej Group’s Ambitious Plans: Aiming for Leadership in Key Industries | India Business News

[ad_1] MUMBAI: Two years after one of India’s most storied business dynasties, Godrej Group, split, Godrej Industries Group (GIG) is targeting 15% annual growth over five years and preparing to list more businesses as incoming chairman Pirojsha Godrej charts its next phase.GIG, with sales of Rs 57,300 crore, also plans to expand a nascent pet…

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Government Initiates Special Cargo Vessels to West Asia for Exporters | India Business News

[ad_1] The commerce department is working with agencies, including the Shipping Corporation of India (SCI), which was on the privatisation list until recently, to run special vessels to West Asia t o help exporters move their goods at cheaper rates.While freight to West Asia is in the region of $3,000-3,500 per 20-feet equivalent (TEU) and…

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HCLTech Shares Plunge 11% Amid Weak Outlook Despite AI Growth | India Business News

[ad_1] NEW DELHI & BENGALURU: Shares of HCLTech fell nearly 11% on BSE on Wednesday after the company issued a softer-than-expected outlook following a muted March quarter performance.Responding to concerns around a 2–3% annual deflation driven by AI, CEO C Vijayakumar said the company has largely offset the impact of deflation in its traditional services…

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