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US President Donald Trump on Wednesday, April 8 Indian Time, has announced that he has agreed to suspend the bombing and attack of Iran for a period of two weeks. He announced Truth Social, just minutes after the US market futures began trading on Wall Street.
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The Monetary Policy Committee of the Reserve Bank of India, left its monetary policy repo rate unchanged at 5.25% on Wednesday, April 8. This is the second straight instance of the central bank having left rates unchanged after the first
pause in February this year, which had come after a 25 basis points cut in December last year.
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After the announcement of the ceasefire between Iran and the US, the Indian markets have welcomed the developments in West Asia with both hands. The Nifty is up nearly 800 points, rising towards 24,000. The Sensex is up over 2,600 points, jumping to 77,000.
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US President Donald Trump has announced that the US will halt all military operations against Iran for a period of two weeks to negotiate a deal subject to reopening of the Strait of Hormuz with immediate effect.
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Futures on Wall Street have surged after the close of regular trading on Tuesday, April 7, local time, after US President Donald Trump announced that he will pause bombings on Iran for a two-week period, subject to Iran unconditionally reopening the Strait of Hormuz during this period.
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Titan Company Ltd has capped off the 2025-26 fiscal year with a powerful performance, reporting a 46% year-on-year (YoY) growth in its consumer businesses for the fourth quarter, the Tata Group firm informed exchanges in a provisional update late Tuesday. The crown jewel of the portfolio remains the Jewellery division, which recorded a robust 46% YoY growth.
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The Centre is working on a revsied credit guarantee scheme, broadly modelled on the Emergency Credit Line Guarantee Scheme (ECLGS) launched during the Covid-19 pandemic, with a likely guaranteed loan amount of around ₹2.5 lakh crore, according to government officials.
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Indian private equity (PE) can scale to $1 trillion in assets under management (AUM) by 2036, driven by regulatory reforms and capital formation, says Gopal Jain, Vice-Chairperson of the Indian Venture and Alternate Capital Association (IVCA).
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US Ambassador to India Sergio Gor informed on Tuesday, April 7, that he met US Commerce Secretary Howard Lutnick to discuss the US-India commercial roadmap. The SelectUSA Investment Summit is the premier US event dedicated to promoting foreign direct investment (FDI), hosted by the US Department of Commerce.
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World Bank President Ajay Banga said the ongoing war in the West Asia is likely to push inflation higher and slow global economic growth. He warned that the conflict could have significant economic repercussions for countries already facing financial strain.
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