Stories from earlier this week and beyond.
CSK suffered a brutal IPL 2026 home defeat, losing to Gujarat Titans by eight wickets. While the result hurt Chennai fans, the internet pounced on captain Shubman Gill’s cheeky post-match gesture involving a yellow whistle. A photo from the win quickly went viral, sparking debate over whether it was playful banter or disrespect.
Axis Bank shares slid around 5% after a muted Q4FY26. Net profit edged down 0.6% YoY to Rs 7,071 crore, even though both interest income and expenses increased by about 4.7% each. The profit slowdown alongside rising cost pressure spooked investors and dragged sentiment in the stock.
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Iran’s parliament speaker Mohammad Bagher Ghalibaf said Tehran holds leverage over US oil demand, framing it through a cryptic supply-demand equation. He warned that disruptions to major routes such as the Strait of Hormuz could push up US gas prices, particularly in summer peak demand, with the potential to influence voters ahead of upcoming elections.
Ahead of Union Home Minister Amit Shah’s visit to Leh on April 30, Ladakh leaders are demanding confidence-building measures to restart meaningful dialogue. They are asking for protestors’ cases to be withdrawn, compensation for victims, and progress on long-standing demands including statehood and Sixth Schedule inclusion. A sub-committee meeting is slated for May 22, raising hopes for a concrete resolution.
Aam Aadmi Party chief Arvind Kejriwal has refused to appear before the Delhi High Court in the excise policy scam case, saying he has complete distrust in Justice Swarana Kanta. The decision follows the court dismissing Kejriwal’s plea for the judge’s recusal, where he alleged a conflict after the empanelment of the judge’s children as Central Government counsel.
Vedanta plans to demerge four businesses into separate listed entities, with May 1 set as the record date. Shareholders will receive one share of each new company for every Vedanta share held. While listing dates haven’t been announced, past demergers typically roll out between three weeks and several months, affecting timing for investors’ returns.
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The Powerball jackpot has surged to an estimated $130 million for the April 27 drawing after no one matched all six numbers in the prior Saturday draw. With huge interest expected, players should know winners typically choose between a 30-year annuity and a lump-sum cash option, and the amount pocketed can be much lower than the headline figure.
IDFC First Bank shares surged as much as 3.27% on Monday, April 27, hitting an intra-day high of Rs 69.43. The rally comes shortly after the bank reported a year-on-year jump in net profit of about 5%, renewing investor optimism around its recent performance and earnings momentum.
Cohance Lifesciences shares surged 20% on Monday after appointing former Cipla CEO Umang Vohra as Executive Chairman and Group CEO. The company expects his leadership to push transformation, expand operations, and deepen global partnerships as it moves into a new growth phase. Investors reacted sharply to the change at the top.
Vedanta plans to demerge four businesses into separate listed companies, with May 1 set as the record date. Shareholders will receive one share of each new entity for every Vedanta share held. Exact listing dates haven’t been announced, but recent demergers point to a potential timeline ranging from about three weeks to several months.
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LSG’s IPL 2026 campaign is unraveling as they suffered their fifth consecutive defeat, marking Lucknow’s longest losing streak in the league. The team sits at the bottom of the points table after just two wins in eight matches, with even their home venue record offering no relief as successive losses pile pressure on the franchise.
eBay went down on Sunday, April 26, preventing users from accessing the site. With Facebook and X support already shut, frustrated shoppers turned to eBay’s Instagram comments for urgent help. The company has not confirmed the cause, though rumors of a cyberattack have been circulating online. Many users say the outage lasted the entire day.
A Middle East conflict is rippling through electronics supply chains, pushing up printed circuit board prices and raising costs for tech firms globally. Components are becoming harder to source as manufacturers scramble for limited availability. With strong demand and fewer alternatives, further price hikes are expected across devices, from smartphones to AI servers.
BJP leaders in Madhya Pradesh met at Chief Minister Mohan Yadav’s residence ahead of a one-day special session of the Legislative Assembly. The legislative party discussion focused on the Nari Shakti Vandan Adhiniyam and broader plans for women’s empowerment, signaling a push to foreground gender-centric legislation during the session.
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IndusInd Bank shares rallied about 6% after Q4 results pointed to a possible turnaround. Profit rose sharply, and asset quality appeared to stabilize, easing investor concerns. Jefferies and other brokerages raised target prices based on improving profitability and a credible recovery path, though some still warn that the market’s re-rating could take time.
Rudraprayag administration has ramped up safety preparations for the Kedarnath Yatra by deploying sector officers and setting up relief camps along the route. The plan includes medical points, seating, and continuous monitoring to manage crowds and emergencies. Notably, handlers are mandatory for horses and mules used during the pilgrimage. The Char Dham Yatra started on April 19.
Japan’s equities head into earnings season with a strong starting point, supported by tech optimism and ongoing reforms. Yet Middle East tensions are injecting uncertainty, threatening growth, inflation, and energy costs. Even as earnings expectations stay relatively resilient, investors are growing cautious that external shocks could stall a rally that has already gained strong momentum.
Youth Congress activists in Kollam, Kerala, staged a “sleep protest” at the KSEB office by laying mats and sleeping, alleging unannounced power cuts that they say are harming children and the elderly. KSEB and the Electricity Minister deny load shedding, saying recent outages were due to temporary overload. Kerala is also grappling with a severe power shortage.
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Indian stocks snapped a two-day slide on Monday as sentiment improved after reports that Iran sent a peace proposal to the US. The Sensex surged more than 400 points to cross 77,000, while the Nifty climbed above 24,000. Small and midcap indices also rose, signaling broader buying as markets weighed easing geopolitical pressure.
KKR’s IPL 2026 turnaround continued as they beat Lucknow Super Giants in a sensational Super Over at Ekana. Amid the celebrations, a viral clip captured Rinku Singh’s heartfelt family chat with Sunil Narine, highlighting the bond behind KKR’s comeback. The win marked KKR’s second of the season and set the tone for what’s next.
Investors face a volatile week as three forces converge: rising geopolitical risk around Iran and the Strait of Hormuz, shifting interest rate expectations from the US Fed and European central banks, and market-moving Big Tech earnings tied to artificial intelligence. Together, these catalysts could swing sentiment rapidly and drive outsized moves across global equities and risk assets.
President Trump lost his temper during a 60 Minutes interview, reacting to questions about a shooting suspect’s manifesto that allegedly mentioned “pedophilia” and treason and targeted administration officials. Trump denied the claims emphatically, calling the reporter “horrible” and “disgraceful” for reading excerpts on air. The interview followed a shooting near the White House Correspondents’ dinner.
Gold and silver opened lower on MCX as crude oil prices rose and stalled U.S.-Iran talks revived worries about sticky inflation and possible rate hikes. Traders now brace for choppy moves, with analysts pointing to key support and resistance zones. While gold can hedge inflation, higher interest rates could cap its gains in the near term.
Wipro has announced a Rs 15,000 crore share buyback at Rs 250 per share, set at a premium of over 25% to the previous closing price. Brokerages say retail investors should participate, estimating potential net returns of 8-14% within 2-3 months, supported by traditionally high acceptance ratios in similar buyback offers.
South Korea’s stock market has crossed a major milestone, with total capitalization surpassing 6,000 trillion won (over $4.08 trillion) for the first time. The rally is being driven largely by renewed confidence in semiconductors, with leaders such as Samsung Electronics and SK Hynix pulling the market higher. Investors are now turning to upcoming corporate earnings for the next cue.
Infosys has fallen out of India’s top 10 most valuable companies after losing about Rs 2 lakh crore in market value. The move has shaken investor confidence around growth momentum and whether clients will keep spending as the IT sector reshapes itself. While AI could create new demand, the transition is also creating fresh risks for established firms like Infosys.
With US Iran talks stuck, an Iranian MP has sharply rejected Pakistan as a mediator, accusing Islamabad of bias and failing to publicly call out US noncompliance. The lawmaker claimed Pakistan avoids directly criticizing Washington and does not point to cases where the US allegedly backed away from commitments, including issues involving Lebanon and the release of blocked assets.
Iranian Foreign Minister Abbas Araghchi has arrived in St Petersburg to hold high-level talks with Russian President Vladimir Putin, according to Iranian state media. The visit comes after meetings in Islamabad aimed at advancing a regional diplomatic agenda amid an ongoing crisis. Both sides are expected to discuss coordination and next steps at a sensitive moment in regional politics.
Nedra Talley Ross, the last surviving founding member of the 1960s girl-group The Ronettes, has died at 80. Her daughter and the group’s social media confirmed the news. Known for helping shape modern pop’s sound, Ross was part of the legacy behind hits like “Be My Baby,” one of the era’s biggest chart-toppers.
Thousands of eBay shoppers reported major disruptions on Sunday, April 26, with issues spiking after about 3:30 PM ET. Users said the website and mobile app struggled with core functions like search, adding items to carts, and completing checkout, leaving purchases stuck or unable to load. The outage appears widespread, affecting shoppers in real time.
Kissht’s parent OnEMI Technology Solutions has filed its RHP for a ₹922 crore IPO, opening for bidding on April 30 and closing May 5. Anchor bidding runs April 29. The IPO includes a fresh issue of up to ₹850 crore and a reduced OFS. The public price band is ₹162–₹171, valuing the firm at about ₹2,774 crore at the top end.
A video circulating online shows a tragic incident on the Jalpaiguri Ramnagar route in West Bengal, where a young boy allegedly fell from a moving train. Passengers reportedly pulled the emergency chain and contacted railway officials, but the train continued for another 10 to 15 kilometers, sparking public outrage and calls for accountability.
Goldman Sachs has increased its oil-price forecasts after the Strait of Hormuz disruption sparked severe inventory drawdowns. Analysts expect Brent crude to average around $90 a barrel in Q4, driven by large Persian Gulf production losses. The conflict is tightening global supply, accelerating record stock reductions, and raising fresh inflation risks worldwide.
A deadly fireworks explosion at a manufacturing unit in Mundathikode, Kerala, has claimed 16 lives. The latest death comes after Unnikrishnan succumbed to burns exceeding 80 percent. The blast occurred on April 21 while fireworks were being made for the Thrissur Pooram festivities. Four people are still reported missing.
Paytm shares are likely to stay volatile after the RBI cancelled Paytm Payments Bank’s licence, forcing the bank’s closure. Paytm says there should be no material impact because the banking unit was already separated earlier. Bernstein, though wary about the RBI’s regulatory tone, believes disruption will be limited and that licensing opportunities may still emerge.
Panic erupted at the White House Correspondents’ Dinner after an armed man opened fire, triggering an evacuation. A viral video captures Erika Kirk visibly shaken as she pleads to go home. Her reaction carries added weight after her husband previously died to gun violence. The alleged shooter, Cole Allen, faces federal charges after an incident that reportedly involved a Secret Service agent.
A startup founder has triggered widespread outrage after posting a full-time Content Head vacancy with a salary range of just ₹5,000 to ₹15,000 per month. Critics argue the pay is far too low for the role’s responsibilities and call out unfair compensation and questionable hiring ethics in India’s startup culture.
At the ET Awards, India’s top CEOs framed the West Asia conflict as a forcing function for overdue reforms. They urged faster moves on energy security to cut external vulnerabilities, greater reliance on domestic energy sources, and a stronger shift to electric vehicles. With AI disruptions looming, they also called for urgent workforce upskilling to stay ahead of change.
Digital lending platform Kissht will launch its IPO on April 30, seeking to raise Rs 926 crore. The company has set a price band of Rs 162 to Rs 171 per share and is targeting a valuation of Rs 3,026 crore. The filing and launch details are expected to draw investor attention as the firm moves toward public markets.
Five Nifty500 stocks, including Firstsource Solutions, closed more than 2% below VWAP on April 24. Trading at levels under the volume-weighted average signals bearish sentiment and suggests selling pressure intensified. The move indicates traders may be turning cautious, with the market’s average price benchmark acting as a key technical line now breached.
King Charles and Queen Camilla’s US state visit is set to proceed as scheduled on Monday, Buckingham Palace confirmed after a shooting incident near a White House dinner attended by President Donald Trump. The palace said talks with US officials concluded there was no change to the itinerary, and the King and Queen look forward to the trip.
Global oil prices jumped nearly 2% after U.S.-Iran peace talks faltered, raising fresh fears of tight supply. With shipments through the Strait of Hormuz still restricted, analysts say disruptions could drive crude toward $150 per barrel. Goldman Sachs has also lifted its fourth-quarter outlook, signaling higher costs may persist.
Kolkata Knight Riders pulled off a dramatic Super Over win over Lucknow Super Giants in IPL 2026, climbing off the bottom of the table. The match ended in a tie before the tie-breaker, where Sunil Narine delivered decisive bowling. Rinku Singh powered the chase with an unbeaten 83 and key fielding moments that swung momentum KKR’s way.
Congress leader Husain Dalwai has accused BJP and AAP of undermining democracy after seven AAP Rajya Sabha MPs defect to the ruling party. He criticized the trend of changing camps without resigning, calling it a coercive, power-driven maneuver rather than ideology or public service. Dalwai framed the move as a serious blow to democratic norms and accountability.
Andhra Pradesh Chief Minister N Chandrababu Naidu urged corporates to invest and share feedback on state reforms, pointing to tools like escrow accounts and subsidized land for IT firms. He says these measures have already drawn large investments, including Google’s reported $15 billion FDI, and are now supporting welfare initiatives across the state.
China is tightening economic pressure tools aimed at the United States, setting new laws to punish foreign companies shifting supply chains. It has also tightened rare earth licensing and banned foreign AI chips, moves analysts view as direct responses to US policies. The strategy signals Beijing’s intent to protect its leverage ahead of high-stakes diplomacy, including the Trump–Xi summit.
Andhra Pradesh Chief Minister N Chandrababu Naidu stirred debate at the ET Awards by arguing that opponents of women’s reservation are missing the bigger picture. He supported Parliament’s delimitation bill, framing it as gender equity and empowerment, and also backed a “population management policy” urging at least two children to address fertility decline and an aging society.
Oil prices climbed and the dollar ticked up while US stock futures slipped in early Asia trade after US Iran peace talks stalled over the weekend. With Gulf shipping blocked, markets priced in renewed risk around the Strait of Hormuz, sending jitters through energy and broader risk sentiment. Traders are now watching for any fresh diplomatic signal.
Cole Tomas Allen allegedly tried to attack Trump administration officials at the White House Correspondents’ Association dinner, after leaving behind writings in which he referred to himself as a “Friendly Federal Assassin.” Investigators say the attempt appears politically motivated, pointing to anti-Trump posts and complaints tied to administration policies. Allen, a highly educated man from California, was arrested after trying to breach a security checkpoint.
A magnitude 6.2 earthquake struck Hokkaido in northern Japan early Monday, sending tremors across the region. Authorities reported no damage or injuries and did not issue tsunami warnings. The quake comes days after a larger temblor triggered concerns about potential megaquakes, keeping residents and officials on alert.
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