Stories from earlier this week and beyond.
US judges and lawyers are wrestling with how AI should—and shouldn’t—enter courtrooms. While some embrace tools to speed work, others avoid them due to fears of AI mistakes in filings and rulings. Judges like Ajmel Quereshi opt out, while Lydia Kay Griggsby is setting AI policies. A recent study finds many federal judges already use AI, though some prohibit it.
Tension flared at Delhi’s Hansraj College after the administration suspended around 30 students, including four office-bearers of the Students’ Union. The college cited allegations of defaming the institute on social media and using derogatory language against authorities. Students protested on Monday, challenging the suspensions and raising questions about how the matter is being handled.
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Banda in Uttar Pradesh has recorded India’s highest temperature at 47.6°C, surpassing its own April peak. Jhansi also crossed 45°C as heatwave conditions stayed concentrated across the Bundelkhand region. While isolated areas may see thunderstorms and gusty winds, the extreme heat continues to grip much of UP.
POET Technologies shares sank more than 47% after Marvell Semiconductor canceled all purchase orders linked to Celestial AI. Marvell said the cancellation followed disclosure of confidential information, casting doubt on near-term revenue from that partnership. While POET continues focusing on its optical engine technology and other customer work, investors are watching how quickly it can replace lost orders.
Mitchell Santner has been ruled out for the rest of IPL 2026 after a left shoulder injury, prompting Mumbai Indians to act quickly. The franchise has signed South African spinner Keshav Maharaj as Santner’s replacement for the remaining matches. MI’s final squad adjustment reshuffles their spin options at a crucial stage of the season.
Tamilnad Mercantile Bank has reported a 28% jump in Q4 profit, supported by stronger business growth, higher income and improved margins. Advances and deposits rose steadily, while asset quality strengthened—signaling healthier balance-sheet performance. The bank’s results point to robust operational execution and continued expansion across both lending and deposit segments.
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Maharashtra batter Sahil Parakh made his IPL debut for Delhi Capitals against Royal Challengers Bengaluru, opening alongside KL Rahul. The 18-year-old left-handed batter was dismissed for a two-ball duck by Bhuvneshwar Kumar, turning his first IPL moment into a quick, forgettable exit despite the big stage and opportunity.
TMC leader Firhad Hakim warns that the SIR voter roll revision could backfire for the BJP in West Bengal. He says the move has angered voters across communities and that, even with a high-decibel BJP campaign led by central figures, public support still leans toward Mamata Banerjee. Hakim predicts TMC will likely retain power.
The US-China AI rivalry is turning from open innovation into a direct fight for talent, intellectual property, and strategic control. China blocked Meta’s Manus acquisition, while US policy shifts have targeted how AI is developed. Both moves signal governments are stepping in to shape who controls the future of advanced AI, with global consequences for technology and security.
Bill Ackman’s Pershing Square plans a U.S. IPO of his investment management company and a closed-end fund, Reuters reports. A source familiar with the matter says the offering is expected to raise about $5 billion. The move underscores how appetite for high-profile, structured investment products may be returning even amid shifting market conditions.
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Optimized Electrotech has raised Rs 35 crore in a round led by Exfinity Ventures to accelerate its shift into space-based sensing. The company says it is building a sovereign sensing stack for India, supported by initial orders for a satellite platform and prior defence deployments. The money will help it develop satellites and constellation infrastructure for persistent, real-time imaging and surveillance.
Natural gas power plant costs have surged nearly twofold in just two years, with construction now taking about 23% longer. The report points to rapidly rising electricity demand from data centers as the key driver, squeezing project timelines and budgets at a moment when more capacity is urgently needed.
Bengaluru’s Crew 8e1 has made history by winning the championship title at Body Rock Asia 2026, an international hip hop dance competition held April 11 at U.P. Theatre in Quezon City, Philippines. The landmark victory highlights the growing global impact of India’s dance community and positions the crew as a force to watch on the Asia stage.
Zoho co founder Sridhar Vembu has urged Indians living in the US to “come back home” in an open message that ties growing anti-Indian hostility and a new H1B fee spike to India’s need for tech leadership. He argues individual success abroad cannot replace national R and D investment and says India must be ready to welcome returning talent at scale.
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IndiGo has issued an advisory for Delhi passengers, warning of possible flight delays due to thunderstorms expected over the city. The airline urges travellers to check flight status and keep extra time for journeys. A yellow alert remains in effect for the national capital until Thursday, with forecasts of rain, gusty winds, and possible dust storms following a heatwave that pushed temperatures beyond 42°C.
Coal India posted a 12% jump in Q4 profit to Rs 10,908 crore, helped by stronger realizations and higher income despite cost pressures. Margins improved, but volumes remained flat. The miner also declared a final dividend of Rs 5.25. Still, full-year profit fell due to higher expenses.
MoSPI has proposed an Index of Services Production (ISP) for India’s formal services sector, built using GST data and using 2024–25 as the base year. The high-frequency index will track major service segments including trade, transport, banking, insurance, hospitality, real estate, and professional services, and is meant to complement the existing Index of Industrial Production.
Sony has already started lifting PS5 prices in key regions, including Southeast Asia, affecting the PS5, PS5 Pro, and PlayStation Portal. With similar moves previously rolled out in markets like the US, UK, Europe, and Japan, the pattern suggests India may see a hike soon, potentially shrinking any festive discount hopes for shoppers.
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A Cessna 208 Caravan plane crashed on the outskirts of Juba, South Sudan, killing 13 passengers and the pilot, according to the civil aviation authority. The aircraft lost communication while flying from Yei to Juba International Airport and went down roughly 20 km south-west of the capital. Two passengers were Kenyan nationals and the rest were South Sudanese.
Bridgewater’s CIOs say AI is creating an existential risk for legacy software companies, likening the disruption to the shakeup once triggered by online retail. They also point to geopolitical tensions affecting global markets and resource availability, arguing that companies must adapt quickly or face significant disruption as the scramble for resources intensifies.
Bahrain has revoked citizenship for 69 people, saying they showed sympathy for Iran’s hostile actions and had dealings with foreign groups. The individuals and some family members were of non-Bahraini origin. The government acted under royal directives and Bahraini nationality law, while rights groups condemned it as dangerous repression. The case marks the first such revocation since 2019.
Trade isn’t the only headline in the new India–New Zealand free trade agreement. Commerce minister Piyush Goyal says education should be a key bridge, urging joint degree programmes and expanded student exchanges to strengthen people-to-people links. The push aims to convert closer economic cooperation into longer-term academic and cultural connections between the two countries.
A four-member family in Mumbai’s Pydhonie area died within hours of eating dinner, in a suspected food poisoning case. Relatives shared the biryani, and the family also reportedly ate watermelon late at night. They developed severe vomiting and diarrhoea quickly, were hospitalized, but died despite treatment. Police are now reviewing food samples, medical records, and awaiting post-mortems to identify the cause.
OpenAI, the company behind ChatGPT, is reportedly working with Qualcomm and MediaTek to develop custom smartphone processors for an “AI-first” device. Instead of centering on traditional apps, the phone is expected to be built around AI agents. Mass production is said to be targeted for around 2028, signaling a major push from AI software to AI hardware.
The RBI has issued reporting instructions requiring authorised dealer category I banks to report overseas rupee OTC derivative contracts to CCIL. The move is designed to improve transparency and oversight in the derivatives market by strengthening the availability of trade data. Banks are expected to follow the new directions as part of the regulator’s broader market monitoring efforts.
Noida’s Gautam Buddh Nagar District Magistrate has ordered all schools—government and private—across CBSE, ICSE, IB, UP Board and other affiliations to operate only between 7:30 AM and 12:30 PM. The morning-only schedule begins April 27, 2026, as heatwave conditions intensify, with the change continuing until further notice.
Real Madrid have confirmed Kylian Mbappe suffered a left leg injury, with his recovery to be closely monitored. The French forward, 27, is currently doubtful for the upcoming high-voltage El Clasico against FC Barcelona. With his participation uncertain, Madrid’s attacking plans face disruption just weeks ahead of one of football’s biggest clashes.
The Supreme Court has issued notice to Priya Kapur, wife of late industrialist Sunjay Kapur, along with others, in a dispute over the Sona Group Family Trust. Sunjay’s mother, Rani Kapur, alleges the trust was created using forged documents. The court also urged the parties to consider mediation to resolve the family conflict.
A 21-year-old delivery agent was killed and another man injured after a Delhi Police head constable allegedly opened fire during a dispute in Dwarka’s Jaffarpur Kalan area. The incident reportedly happened around 2 a.m. on April 26, 2026, after an argument escalated and the constable fired his service pistol, police said.
Shivraj Singh Chouhan is set to launch Batch-II under PMGSY-IV, promising faster connectivity across Jammu and Kashmir. The plan includes 330 new road projects spanning 1,600 kilometres and costing Rs 3,550 crore. Officials say the roads will benefit 363 habitations, aiming to strengthen rural access and spur local development in the region.
The National Stock Exchange has crossed the 13 crore investor mark, adding about one crore unique investors in just seven months. The surge is being attributed to wider digital access, rising awareness, and supportive policies. Growth is broad across regions, alongside increasing SIP inflows and better diversification, pointing to a more inclusive retail investment ecosystem.
Apple shares pulled back during US trading as Wall Street sentiment stayed cautious. Early Monday trade was mixed, even as oil prices edged higher on unresolved talks to end the Iran war. With major headlines turning on geopolitics and energy, Apple’s movement underscored how quickly market mood can shift.
India is bracing for a potentially severe heatwave season in 2026, with the Union Health Ministry issuing a nationwide alert to all states and union territories. Forecasts point to above-normal heatwave days from April to June in many regions. The ministry has asked hospitals to set up heat stroke management units, ensure ambulances are ready, and push early warnings to communities.
Domino’s Pizza warned investors to expect weak growth in US same-store sales, pointing to pressured consumer sentiment and tougher competition in the market. The forecast rattled traders, with the company’s shares falling about 10% in early trading. Analysts will now watch whether promotions can offset demand softness and pricing pressure.
India has outlined a two phase Digital Public Infrastructure roadmap aimed at reaching a 30 trillion economy by 2047. DPI 2.0 runs from 2025 to 2035 to build capable citizens, while DPI 3.0 spans 2035 to 2047 to spur prosperity through innovation. The plan targets MSMEs, farmers, education, and health, pushing local economic growth.
A weather alert issued at 7 pm on April 27 warns that parts of Delhi and the NCR could see light rain or drizzle with thunderstorms, lightning, and gusty winds within the next two hours. Winds are expected to reach 30–40 kmph in several areas, offering temporary respite from ongoing heat, but raising risks of sudden squalls and reduced visibility.
India and the Russia-led Eurasian Economic Union will hold the next round of free trade agreement talks in Moscow in June. After signing terms of reference in August 2025 and starting negotiations in November, both sides plan to prioritize non-trade measures. The effort is aimed at helping India diversify export markets amid global uncertainty and shifting trade dynamics.
A security scare reportedly linked to an assassination attempt forced a sudden pause during the White House Correspondents’ Dinner, leaving guests facing chaos and delays. While the evening’s focus turned to safety and lockdown procedures, the internet fixated on the unanswered question: where did the large quantities of steak and lobster meant for thousands end up?
Across Europe, governments are accelerating plans to rely less on American software providers and more on “sovereign” alternatives. The push blends data sovereignty, supply-chain risk concerns, and demands for stricter security assurances. While the goal is independence, officials must navigate interoperability, cost, and time—making the transition as political as it is technical.
Indian boxer Nishant Dev extended his unbeaten professional streak in Las Vegas, winning via second-round stoppage to reach a 6-0 record. Anand Mahindra praised Dev’s “quiet and almost clinical authority,” suggesting India may be watching the rise of a serious global contender. The performance keeps Dev on course as he targets bigger fights ahead.
Cleartrip, the Flipkart-backed travel platform, has started booking train tickets through a partnership with IRCTC. The service gives travellers access across India with real-time seat availability and PNR status tracking. Cleartrip says it targets a mid-to-high single-digit share in train bookings by the end of the financial year, advancing its goal of becoming a unified travel platform.
A KPMG report finds governments worldwide are preparing to deploy AI broadly, yet many can’t move past early pilots. The roadblocks: poor data integration across legacy systems, shortages of skilled AI talent, and rising cybersecurity risks. With most tech budgets still tied to maintaining old infrastructure, scaling AI remains a challenge despite growing political ambition.
Sanjay Dutt appeared before the National Commission for Women in New Delhi and filed a written apology over the controversy tied to the song “Sarke Chunar Teri Sarke”. The NCW flagged concerns about vulgarity and how women were portrayed, and pressed for accountability. As a corrective step, Dutt pledged to sponsor education for 50 tribal girls and said future projects will face stricter legal checks.
India’s former champions showcased ruthless form at the Thomas Cup 2026, blanking Australia 5-0 in the men’s Group A match in Horsens, Denmark. Coming off a 4-1 win over Canada, the dominant result secured India a quarterfinal berth. The team now turns its attention to their next clash against top seeds.
General Atlantic-backed Acko Insurance is reportedly planning an IPO with a valuation target between $2 billion and $2.5 billion. Sources say the company is also looking at a listing in early 2027, suggesting timing is longer than many investors might expect. The details point to a high-growth valuation bet as Acko prepares for a public market debut.
Shell has agreed to acquire Canada’s ARC Resources in a $16.4 billion deal aimed at boosting production and expanding its footprint in the Canadian energy landscape. The move is seen as especially significant for Shell’s LNG ambitions, potentially strengthening supply and influence in a market where upstream scale and timing matter.
A Cessna aircraft crashed on the outskirts of South Sudan’s capital, with authorities saying all 14 people aboard were killed, including the pilot. Initial investigations point to poor visibility linked to bad weather. The passenger list included two Kenyan nationals, while the remaining victims were from South Sudan, prompting condolences and an ongoing probe.
US President Donald Trump plans to meet top national security officials to discuss the stalemate in negotiations with Iran. The move follows Trump’s abrupt decision to cancel a planned trip by Steve Witkoff and Jared Kushner to Islamabad, dealing a blow to delegation-level peace talks between Washington and Tehran in Pakistan. Officials are expected to reassess the US approach amid continued deadlock.
AU Small Finance Bank’s Q4 net profit jumped 65% as provisions fell sharply, boosting earnings despite only modest operating profit growth. The lender saw strong loan and deposit growth, improved asset quality, and margin expansion. Still, higher expenses and treasury losses weighed on day-to-day performance, shaping a mixed earnings picture.
India’s gold consumption is undergoing a notable change: investment-led demand jumped in CY25, supported by ETFs and physical bullion as uncertainty persists. At the same time, global jewellery consumption fell due to high gold prices. The combined data points suggest a structural shift where more buyers prefer gold as an investment over adornment.
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