📈Market Recovers, Fuel Prices Rise
Your daily dose of business news
🗞 India's GDP May Still Grow 6.5% in FY26 Despite Global Headwinds
Despite Trump’s tariff storm, India’s GDP growth may touch 6.5% in FY26, driven by stable oil prices, says a government official.
📌 Expert Opinion: Experts believe benign oil prices could be India's cushion against global disruptions.
🗞 Tim Cook’s Tactical Masterstroke to Beat Trump’s Tariffs
Apple CEO Tim Cook is reportedly working on smart supply chain shifts to counter Trump’s tariffs, including boosting India manufacturing.
🗞 Petrol & Diesel Prices May Rise in Some Indian States
India's Oil Minister flagged that petrol and diesel prices may increase in opposition-ruled states after the latest excise tax hike.
🗞 Suhel Seth Defends Piyush Goyal: 80% Startups are Racket
Backing Goyal's controversial remark, Suhel Seth said 80% of Indian startups are a racket with no value addition.
🗞 One State, One RRB from May 1: Govt Approves Big Merger
Finance Ministry has approved the consolidation of 15 Regional Rural Banks (RRBs) into one RRB per state effective May 1.
🗞 EPFO Launches Aadhaar-Based Face Authentication for UAN
EPFO introduced a new feature allowing Aadhaar-based face authentication for faster UAN activation.
🗞 India is Lying About GDP: Sabeer Bhatia’s Shocking Claim
Hotmail founder Sabeer Bhatia said India must rethink its work ethic to compete globally and questioned GDP claims.
🗞 BlackRock CEO Warns of Another 20% Market Crash
Larry Fink warns investors not to be fooled by recent market bounce, as fears of recession still loom large.
📊 Market Updates
📈 Sensex: Increased by 1.49%, closing at 74,227.08.
📈 Nifty 50: Rose by 1.69%, ending at 22,535.85.
💱 USD/INR: The Indian rupee weakened to 86.1720 against the U.S. dollar.
🥇 Gold: Priced at ₹89,730 per 10 grams for 24K gold.
🥈 Silver: Trading at ₹90,400 per kilogram.
🛢️ Brent Crude: Trading around $62.50 per barrel.