- Consumer megadeals make a rare comeback in the first quarter April 3, 2026CONSUMER-M
- HDFC Bank may not take legal action on Atanu Chakraborty, to focus on issues raised in resignation letter — Report April 3, 2026While the chances to seek damages from Chakraborty is unlikely at the moment as per the report, HDFC Bank's Board of Directors has mandated external law firms to independently examine governance processes.
- Elon Musk's SpaceX eyes more than $2 trillion valuation in likely record-breaking IPO: Report April 3, 2026SpaceX aims for an IPO valuation over $2 trillion, potentially the largest market debut ever. The company confidentially submitted its draft papers for a public listing earlier this week. Details here.
- Microsoft plans $10 billion investment in Japan to grow AI, train 1 million workers by 2030 April 3, 2026The investment made by Microsoft in Japan will see the company training 1 million engineers and developers by 2030, it said. The plan was unveiled during a visit to Tokyo by Vice Chair and President Brad Smith.
- Who is Sharon Pais? Flipkart executive likely to take over as Myntra CEO after Nandita Sinha exits April 3, 2026Myntra CEO Nandita Sinha will step down after over a decade, ahead of Flipkart's IPO. Sharon Pais is likely to replace her. All about the executive who will take over Myntra.
- Forex reserves drop by $10.29 billion to $688.06 billion as of March 27 April 3, 2026India's foreign exchange reserves saw a significant decline. Reserves fell by over USD 10 billion in the week ending March 27. This drop follows a previous decrease and comes after reserves reached an all-time high in February. The Reserve Bank of India has been actively managing the market. Foreign currency assets and gold reserves contributed to the o […]
- RBI's benchmark issuance strategy to boost transparency, liquidity in SDL market: Experts April 3, 2026The Reserve Bank of India will pilot a new strategy for state bonds from FY27. This plan aims to create larger, more liquid benchmark securities. Experts believe this will improve transparency and predictability in state borrowing. The move is expected to enhance price discovery and investor visibility.
- China calls for stronger trade cooperation with India after ministerial talks during WTO conference April 3, 2026Union Minister Piyush Goyal met China's Commerce Minister Wang Wentao at the WTO's 14th Ministerial Conference. The meeting aimed to strengthen bilateral economic and trade cooperation between the two nations. India is also seeking preferential access in trade talks with the United States. The conference addressed critical areas like WTO reform and […]
- Exports during 2025-26 to record positive growth despite global challenges: Official April 3, 2026India's exports are showing strong resilience. Despite global challenges, positive growth is anticipated for the fiscal year 2025-26. Merchandise exports have maintained momentum. Data for March and the full fiscal year will be released soon. This indicates a positive outlook for India's trade performance in the coming period.
- Manmade fibre exporters flag concerns arising from West Asia conflict April 3, 2026Rising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creating immense pressure across the entire textile value chain. Customers are unable to absorb these higher costs, leading to a cautious approach from spinners and weavers.
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