Latest Financial News & Market Updates
- Pointing out that 95 per cent of the country’s trade, including energy supplies, is conducted through sea, Defence Minister Rajnath Singh on Friday noted the Indian Navy's indispensable role in securing commercial shipping lanes and oil tankers against emerging maritime threats.
- India and Canada plan a joint commission and major trade delegations, push CEPA talks, and expand cooperation in shipbuilding, pharma, clean energy, and high tech sectors.
- India plans to sign an FTA with New Zealand in late April, enabling skilled visas for Indian workers, 20 billion dollars of NZ investment, and boosting already rising bilateral trade
- India nears trade pact with Chile, talks with Peru face hurdles, seeks critical mineral access, also aims to expand MERCOSUR PTA and start trade talks with SACU
- India awaits clarity on new US tariff structure before signing bilateral trade pact, seeks preferential market access and competitive edge as both nations deepen trade ties
- SEZ domestic sales window opens: Govt’s one-year relief targets export slowdown amid global tensionsIndia allows SEZ manufacturers limited one year domestic sales tied to export performance, aiding textiles, electronics, autos, chemicals, medical gear, excluding food and petroleum
- Economists expect policymakers to focus on supporting growth while staying alert to risks from rising prices and market expectations. Liquidity conditions could be adjusted gradually depending on evolving conditions. The situation reflects a balance between managing inflation and sustaining economic activity amid uncertainty.
- UPI hit a record 22.64 billion transactions worth ₹29.53 lakh crore in March 2026, up from February, showing strong nationwide digital payment growth and rising security focus
- IEA, IMF and World Bank form joint group to address global energy and economic fallout from West Asia war, focusing on price shocks, vulnerable importers and coordinated financial support
- UNCTAD warns global goods trade growth will slow sharply in 2026, cites Strait of Hormuz closure, higher energy prices, weaker currencies and shipping disruptions
- CNBC earlier reported that the listing was internally codenamed Project Apex. and that SpaceX was working with at least 21 banks. This includes Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley as senior underwriters for the IPO.
- A 100% tariff on patented pharmaceutical products has been proposed, with implementation timelines of 120 days for large companies and 180 days for smaller firms.
- Escorts Kubota said it will be increasing the prices of its tractors, other than the Kubota brand. The same will be in effect from April 15, 2026.
- Bajaj Auto reported total sales of 4.45 lakh units in March compared to CNBC-TV18 poll's estimate of 4.49 lakh units.
- Union Bank of India's global deposits were up 2.72% from the previous year and 6.87% from the previous quarter at ₹13.06 lakh crore.
- Bank of Baroda's total business globally increased 13.93% to ₹30.78 lakh crore at the end of March 2026 from ₹27.02 lakh crore in the previous year.
- Many global markets are also observing the Good Friday holiday. The US stock market will be shut on Friday and so will most European indices. Asian markets shut on Friday include New Zealand, Australia, Singapore, Hong Kong, Indonesia and the Philippines. However, Japanese and South Korean markets are open for trade.
- Japan's Nikkei 225 Stock Average increased 1.4% while South Korea's Kospi was up 2.7% post the S&P 500 index reversing an earlier loss of 1.5% and ending 0.1% up.
- The S&P 500 Index closed up 0.1% after tumbling earlier in the session. The Nasdaq 100 ended 0.1% higher, also rebounding from a deep loss. West Texas Intermediate was up 12% at around $112 per barrel.
- US Stock Market Highlights: US stocks rebounded from early losses on Thursday as hopes of a deal between Iran and Oman to manage traffic through the Strait of Hormuz eased some investor concerns. The Dow ended slightly lower, while the S&P 500 and Nasdaq closed modestly higher amid ongoing volatility in oil prices and a […]