- ‘Inactionable puffery’, personal jurisdiction, SEC remit: Why Adani lawyers want US bribery case dismissed April 8, 2026Gautam Adani and Sagar Adani have sought to dismiss a SEC fraud case that alleges they bribed officials for contracts. Get up to date on the high-profile case with Mint's explainer on the SEC charges, lawyer arguments, and what's next for the Adani duo, who have denied any wrongdoing.
- Elon Musk wants to get Sam Altman removed as CEO, OpenAI calls it ‘harassment campaign’ April 8, 2026Elon Musk is looking to get OpenAI CEO Sam Altman and President Greg Brockman removed from their positions and a return to its non-profit status.Musk also said that any potential winnings he gets from the lawsuit should be sent to the OpenAI's charitable arm.
- Prestige Estates crosses ₹30,000 crore pre-sales milestone in FY26 April 8, 2026The Bengaluru-based developer clocked pre-sales of ₹30,024 crore in FY26, on account of sustained momentum throughout the year across multiple cities.
- Travel shifts could favour India amid global turmoil, says Minor Hotels founder Heinecke April 8, 2026Minor Hotels is expanding in India, adapting to the growing domestic travel market and aims to balance city and leisure offerings, leveraging its diverse brands for global travellers.
- KreditBee raises $280 million, enters the unicorn club April 8, 2026KreditBee has raised $280 million in Series E funding, valued at $1.5 billion and becoming a unicorn. The majority of the funds will be used to grow its lending portfolio and explore new financial services, reflecting strong investor confidence.
- India raises gas supply for fertilizer firms as imports improve April 8, 2026India has boosted natural gas allocation to urea plants to 90% of average consumption, up from 70-75%, as supply improves following Middle East crisis disruptions. This decision, based on inventory and scheduled LNG arrivals, aims to support the upcoming monsoon planting season.
- Key fertiliser buyer India issues tender as war hits supply April 8, 2026A shortage of LNG due to the effective closure of the Strait of Hormuz forced some producers in South Asia to shut plants last month. Indian authorities are in talks with major producers and exporters of nitrogen-based and phosphatic fertilizers to secure direct supplies.
- RBI ups crude oil, exchange rate baseline assumptions for FY27 April 8, 2026The Reserve Bank of India said it anticipated crude oil prices to average USD 85 per barrel and the Indian rupee to trade at 94 against the US dollar in FY27. These projections are part of the central bank's latest Monetary Policy report. The report also details past trends, including the rupee's significant depreciation in FY26 due to outflows and […]
- RBI holds repo rate, warns of impact of West Asia conflict on economy April 8, 2026The Reserve Bank of India maintained its key interest rate and neutral stance, citing geopolitical risks from the West Asian conflict. While growth forecasts for FY27 were lowered and inflation projections raised, the RBI emphasized the potential impact on oil prices, agriculture, and global liquidity. The central bank aims to balance inflation control with […]
- RBI to withdraw investment fluctuation reserve requirement for banks April 8, 2026The Reserve Bank of India plans to remove the investment fluctuation reserve requirement for commercial banks. Existing rules already provide sufficient protection for investments. This change aims to simplify regulations and ensure consistency across different bank types. Draft guidelines will be released for public feedback soon. The move is expected to st […]
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