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Stories from earlier this week and beyond.

India Sri Lanka discuss new oil pipeline in high level meeting across energy and fishing concerns

India Sri Lanka discuss new oil pipeline in high level meeting across energy and fishing concerns

India and Sri Lanka opened discussions on a new oil pipeline to deepen energy cooperation, during talks involving Vice President R. Radhakrishnan and Sri Lankan leader Dissanayake, with Foreign Secretary Vikram Misri present. The meeting also covered broader bilateral ties, housing cooperation, and fishermen’s concerns, highlighting India’s “Neighbourhood First” approach to regional engagement.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Fiscal deficit pressure mounts should the government trim capital spending to stay on target

Fiscal deficit pressure mounts should the government trim capital spending to stay on target

Lower-than-budgeted tax collections and softer nominal GDP growth are squeezing India’s fiscal assumptions, raising the risk that the government may need to cut capital expenditure. The move would be aimed at protecting the 2025–26 fiscal deficit target, even as weaker revenues and growth make budget math harder to meet.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Skoda VW India bets on 18 new launches to double share by 2030

Skoda VW India bets on 18 new launches to double share by 2030

Skoda Auto Volkswagen India says it will outgrow the Indian passenger vehicle market by accelerating product momentum. The automaker plans 18 to 19 new models and facelifts, betting that current strong sales will help it double market share and reach 5% by 2030. The strategy is designed to secure leadership in FY27 and beyond.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Heineken India sees low single digit revenue growth but premium beer surges fast

Heineken India sees low single digit revenue growth but premium beer surges fast

Heineken’s India operations recorded modest, low single digit revenue growth in the March quarter of 2026. While the overall picture stayed muted, premium beer delivered strong gains, reflecting the company’s push to expand its premium portfolio. It also introduced a new variant aimed at mainstream drinkers, though updated accounting policies muddled volume reporting.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Banks miss the surge in Indian savings as shares and mutual funds explode 15x

Banks miss the surge in Indian savings as shares and mutual funds explode 15x

Government data shows households have poured far more into shares and mutual funds than into bank deposits over the past decade. Savings in markets have jumped over 15x, while household bank deposits grew much more slowly. The shift suggests banks are not capturing a growing share of household wealth, raising questions about where India’s savings are going next.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
G20 climate finance momentum grows as experts warn key details still missing in Varansi talks

G20 climate finance momentum grows as experts warn key details still missing in Varansi talks

While the G20 spotlight stayed on Delhi, the Sustainable Finance Working Group met in Varanasi to push climate finance forward—aiming to scale both private and public sustainable funding. Experts say the direction is encouraging, but important specifics remain unclear, leaving parts of the agenda unfinished and raising questions about how commitments will translate into action.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Reliance and Essar surge ahead in bidding for coal bed methane blocks

Reliance and Essar surge ahead in bidding for coal bed methane blocks

Reliance Industries and the Essar Group have emerged as top contenders in the coal-bed methane bidding round, after the Directorate General of Hydrocarbons offered 16 exploration blocks in two phases. Oil India has stayed in the process, while ONGC has withdrawn, narrowing the field just as interest from major energy players rises.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
MFIs hike rates on poorest borrowers as funding costs climb despite govt guarantee scheme

MFIs hike rates on poorest borrowers as funding costs climb despite govt guarantee scheme

Microfinance lending rates for the poorest borrowers are rising even though a government credit guarantee scheme was meant to reduce costs. MFIs say their own borrowing is getting more expensive, particularly the higher prices they pay banks for funds. As a result, the increased financing burden is getting passed on to end borrowers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Brands are cutting product choices to survive surging input costs

Brands are cutting product choices to survive surging input costs

Brands are shrinking their product lineups to offset rising input costs and global supply stress. Smartphone and TV makers are cutting model numbers, while FMCG companies are streamlining packaging. The shift targets popular, profitable items to improve efficiency and protect margins amid higher component prices, and analysts expect the trend to keep expanding.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
West Bengal CEO says Phase 1 voters stepped out without fear and webcasting was foolproof

West Bengal CEO says Phase 1 voters stepped out without fear and webcasting was foolproof

West Bengal’s first phase of polling ended Thursday, with State Chief Electoral Officer Manoj Agarwal saying voters “stepped out to cast their votes without any fear.” Agarwal credited CAPF control of security at polling stations and claimed that webcasting was “100 per cent foolproof,” highlighting tighter monitoring as the campaign moved into the next phase.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Brookfield India REIT raises Rs 2600 crore with IFC-led QIP for acquisitions and debt payback

Brookfield India REIT raises Rs 2600 crore with IFC-led QIP for acquisitions and debt payback

Brookfield India Real Estate Trust has launched a Qualified Institutional Placement to raise Rs 2,600 crore, backed by investors including IFC, Whiteoak Capital, HDFC Life Insurance, Axis Max Life Insurance, and PPFAS Mutual Fund. The proceeds will fund new acquisitions and repay debt. The raise comes after substantial funding since 2023, as the REIT has expanded its operational assets.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
PNB partners with Kiwi to launch RuPay credit card with UPI support for 180 million users

PNB partners with Kiwi to launch RuPay credit card with UPI support for 180 million users

Punjab National Bank has teamed up with Kiwi to launch the RuPay-based PNB Kiwi Credit Card, bringing digital onboarding, UPI integration, and 0.5%–1.5% cashback. The bank says the partnership targets faster credit access for India’s expanding UPI users, with an emphasis on semi-urban and rural customers who are increasingly adopting UPI payments.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Reckitt delivers double digit India growth as Dettol and Durex surge

Reckitt delivers double digit India growth as Dettol and Durex surge

Reckitt reported double-digit growth for its India business in Q1 2026, driven by strong performances from Dettol and Durex. The company said the momentum came partly from expanding its coverage footprint. Globally, emerging markets like India and China led overall growth, and Reckitt expects continued strength in these regions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
ISRO targets May launches with Gaganyaan and NavIC milestones and Artemis II confidence

ISRO targets May launches with Gaganyaan and NavIC milestones and Artemis II confidence

ISRO is gearing up for a busy May with multiple launches planned for the new financial year. The Gaganyaan and NavIC programs are progressing as planned, while astronaut training for human spaceflight continues. ISRO is also moving ahead with future lunar exploration missions, signaling steady momentum in India’s expanding space ambitions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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TMC and BJP trade accusations in Nandigram as voters face alleged intimidation

TMC and BJP trade accusations in Nandigram as voters face alleged intimidation

West Bengal’s 2026 assembly election battle is heating up in Nandigram, where the TMC accuses police of acting in BJP’s favour. Opposition leader Suvendu Adhikari alleges TMC-backed individuals are threatening voters. Both sides have filed complaints as polling continues under heavy security across multiple districts, raising concerns over the fairness of the process.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
HC pauses ECI police observer order branding West Bengal citizens troublemakers

HC pauses ECI police observer order branding West Bengal citizens troublemakers

The Calcutta High Court has temporarily stayed a directive issued by the Election Commission’s Police Observer that instructed authorities to brand certain citizens in West Bengal as “trouble-makers.” The court said the blanket approach was an error. Still, it clarified that officials can continue to detain people based on existing laws, leaving enforcement largely intact.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Modi urges record turnout in Tamil Nadu and West Bengal polls

Modi urges record turnout in Tamil Nadu and West Bengal polls

Prime Minister Narendra Modi urged citizens in Tamil Nadu and West Bengal to vote in the 2026 Assembly elections, calling participation a sacred democratic duty. He urged young people and women to show up in large numbers. Polling began on the same day in both states, with vote counting scheduled for May 4.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Female bosses can boost growth, but old barriers still block women even in rich nations

Female bosses can boost growth, but old barriers still block women even in rich nations

New research finds firms with women in leadership tend to perform better, with female managers more accurately spotting and promoting talent—improving productivity. But the expected fade of discrimination doesn’t show up. Even in wealthy countries, persistent gender gaps and workplace conventions continue to limit women’s rise into top roles.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Supreme Court to hear Christian Michel release plea again over extradition treaty dispute

Supreme Court to hear Christian Michel release plea again over extradition treaty dispute

The Supreme Court has referred Christian Michel’s plea seeking release from jail to a new bench. Michel, accused and involved in the AgustaWestland VVIP chopper scam, had his petition rejected by the Delhi High Court. He is challenging aspects of the India-UAE extradition treaty and argues he has served the maximum sentence for the offences tied to his extradition.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IEA Warns War in Iran Triggering History’s Worst Energy Crisis for Oil and LNG Markets

IEA Warns War in Iran Triggering History’s Worst Energy Crisis for Oil and LNG Markets

The International Energy Agency says the Iran US Israel conflict could trigger the worst energy crisis in history. It warns the disruption in maritime traffic through the Strait of Hormuz is already constraining global oil and LNG flows, compounding a tense oil and gas situation tied to Russia. The knock-on effect could quickly ripple into prices and supply.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
NGOs risk losing foreign donation permissions as unused funds face cancellation

NGOs risk losing foreign donation permissions as unused funds face cancellation

The Indian government has begun cancelling registrations of NGOs that have not spent foreign donations received years ago. Under a proposed bill, oversight could tighten further, with powers to freeze funds and restrict how assets are managed. The move signals a major push for greater accountability in the non-profit sector and stronger compliance with donor utilisation norms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Mehli Mistry moves to appoint administrator amid growing Tata Trusts governance battle

Mehli Mistry moves to appoint administrator amid growing Tata Trusts governance battle

Mehli Mistry, removed from Tata Trusts, has filed a complaint with the Maharashtra Charity Commissioner seeking an administrator for the Sir Dorabji Tata Trust. He challenges the roles of Noel Tata, Venu Srinivasan and Vijay Singh, alleging procedural violations and conflicts of interest. The dispute echoes a prior contest over Srinivasan and Singh’s positions in another Tata trust.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Vodafone Idea’s meteoric rise and sudden fall in five defining chapters

Vodafone Idea’s meteoric rise and sudden fall in five defining chapters

Vodafone Idea once led India’s telecom race, but its dominance proved short-lived. A mix of shifting industry economics, mounting financial pressure, and intensifying competition steadily eroded its position. In five quick stories, the carrier’s turnaround attempts and setbacks show how fast fortunes can change in a capital-heavy sector where every delay becomes costly.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Fitch unit flags India buffers to shield jobs as Iran war jitters trade and costs

Fitch unit flags India buffers to shield jobs as Iran war jitters trade and costs

As uncertainty from the Iran war ripples through global trade, Fitch’s BMI expects India to deploy three economic buffers. The plan emphasizes securing essential supplies, easing business costs via subsidies and tax relief, and expanding credit support for small firms. Together, these measures are aimed at stabilizing key industries and protecting jobs amid volatile conditions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India peak power demand jumps nearly 239 GW as heat fuels AC and farm loads

India peak power demand jumps nearly 239 GW as heat fuels AC and farm loads

India’s peak power demand hit nearly 239 GW on April 18, topping last year’s peak this summer. The spike is being driven by soaring temperatures and heavier cooling demand from air conditioners, alongside additional load from agriculture. With heatwave conditions expected, the power ministry projects peak demand could rise to 271 GW this year.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI clears banks to fund domestic M and A deals reshaping corporate credit battle

RBI clears banks to fund domestic M and A deals reshaping corporate credit battle

The Reserve Bank of India has allowed banks to finance domestic mergers and acquisitions, updating capital market exposure guidelines and bringing regulation closer to global norms. The move is expected to expand credit availability, help banks regain market share from non-bank lenders, and push them to build specialized M&A advisory and underwriting capabilities to support corporate growth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India to get German Type 214 submarines soon deal near 8 to 10 billion and local builds

India to get German Type 214 submarines soon deal near 8 to 10 billion and local builds

India is set to acquire advanced German TKMS Type 214 submarines as defence ministers toured a submarine facility together. The deal is reported at roughly $8–10 billion and is said to include technology transfer and local manufacturing. Six submarines will be built in India, with the first expected in about seven years, marking a major step-up in underwater capability.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Artemis II splashes down safely after historic lunar mission and record-setting return

Artemis II splashes down safely after historic lunar mission and record-setting return

Artemis II astronauts are back on Earth after a safe, record-setting splashdown in the Pacific following a historic lunar mission. The crew pushed distances far beyond previous missions and delivered fresh, unprecedented views of the Moon’s far side. NASA now moves closer to future lunar landings and a sustainable base, with the diverse crew already becoming a global inspiration.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UN plastic treaty talks stall as nations fight over how far the deal must go

UN plastic treaty talks stall as nations fight over how far the deal must go

Momentum is sagging at UN talks aimed at forging a landmark treaty against plastic pollution. Negotiators are struggling to agree on the treaty’s scope after directions require coverage across plastic’s full life cycle—from production to pollution. But several countries resist such breadth, slowing progress as positions diverge sharply.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Iran missile strikes devastate Bat Yam leaving at least six dead and dozens missing

Iran missile strikes devastate Bat Yam leaving at least six dead and dozens missing

Iran’s missile and drone barrage has caused widespread devastation in Israel’s coastal city of Bat Yam, with at least six reported dead and more than 35 people missing. Israeli forces say civilian areas were targeted, while videos show severe damage to homes and infrastructure. Rescue operations and injury reports continue as officials assess the scale of destruction.

Summarised by Beize from a story on Republic on 24 Apr 2026
RBI launches special audits to test whether Indian banks truly meet liquidity rules

RBI launches special audits to test whether Indian banks truly meet liquidity rules

The RBI has conducted special audits to verify whether Indian banks are meeting liquidity criteria, essentially checking that their balance sheets hold up under regulatory expectations. The move signals the central bank’s focus on compliance and risk monitoring, using targeted reviews to confirm banks are following liquidity rules rather than assuming they are.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Supreme Court backs IBC as investment engine with time bound insolvency focus

Supreme Court backs IBC as investment engine with time bound insolvency focus

The Supreme Court has emphasized that India’s Insolvency and Bankruptcy Code is designed not just to resolve insolvencies, but to actively promote investment. It highlighted the code’s time bound approach for corporate persons, firms, and individuals, reinforcing that swift resolutions can strengthen investor confidence and improve India’s global appeal.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Nazara Technologies to raise Rs 500 crore through preferential warrant issue

Nazara Technologies to raise Rs 500 crore through preferential warrant issue

Gaming and sports media firm Nazara Technologies says its board has approved a plan to raise Rs 500 crore via a preferential issue of warrants. The proposal signals a fast route to funding and could reshape near-term financing and investor participation, depending on how and when the warrants are exercised.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government extends Bank of India and Bank of Baroda MD tenures by three years

Government extends Bank of India and Bank of Baroda MD tenures by three years

The government has extended the tenures of Rajneesh Karnatak, MD and CEO of Bank of India, and Debadatta Chand, MD and CEO of Bank of Baroda, by three years each. The Bank of India extension starts April 29, 2026, while Bank of Baroda’s begins July 1, 2026, allowing both executives to continue leading their banks through 2029.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI curbs jolt rupee forwards as banks retreat from usual dollar bets

RBI curbs jolt rupee forwards as banks retreat from usual dollar bets

New RBI limits on banks’ net open rupee positions sparked sharp swings in dollar rupee forwards. The domestic and overseas rate gap widened early as banks expected to sell dollars locally, then narrowed quickly when banks shifted to a wait and watch stance. With expectations of possible RBI relief, the difference settled close to the near-Friday closing level.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tata and Ashok Leyland push green trucks but fleet owners balk at upfront costs

Tata and Ashok Leyland push green trucks but fleet owners balk at upfront costs

Tata and Ashok Leyland are urging a shift to zero-emission trucks, but the transition faces a hard economic reality in India. Trucks contribute over one-third of transport emissions, yet small fleet owners dominate the market and are unlikely to pay high upfront prices for electric or hydrogen vehicles. Weak policy, limited incentives, and financing gaps further slow adoption.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI reverses key forex rules letting banks offer NDFs and rebook trades

RBI reverses key forex rules letting banks offer NDFs and rebook trades

The RBI has withdrawn its April 1 directive that limited banks from offering non-deliverable forward (NDF) contracts and prohibited rebooking of cancelled foreign exchange derivative trades. The change restores operational flexibility for lenders, enabling a smoother forex derivatives workflow and potentially improving market liquidity for hedging and trading.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tata Steel bets big on an Odisha PSU buy to ride India’s steel upswing

Tata Steel bets big on an Odisha PSU buy to ride India’s steel upswing

Tata Steel is rolling out an India-led expansion aimed at capturing a multi-year steel upcycle. The centerpiece is expanding Neelachal Ispat Nigam Limited in Odisha, a move that could elevate Tata’s position in long-steel products. The strategy seeks to build growth momentum despite overseas headwinds, with Odisha becoming the operational engine of this push.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Moradabad police arrest two men after double murder stabbing couple found dead

Moradabad police arrest two men after double murder stabbing couple found dead

Moradabad police have arrested Farzan and Sohail in an encounter, calling them key accused in the stabbing deaths of a couple. Moradabad SP Kumar Ranvijay Singh said the men, upon noticing police, allegedly tried to attack officials and were injured during the police response. Both are receiving medical treatment as the investigation continues.

Summarised by Beize from a story on Republic on 24 Apr 2026
Chinese fossils push back complex animal origins by millions of years

Chinese fossils push back complex animal origins by millions of years

New fossils from China’s Yunnan province suggest complex animal life started far earlier than scientists believed. The findings point to the late Ediacaran period, around 539 million years ago, shifting the timeline of when early complex animals first appeared. Researchers say the fossils provide an unprecedented glimpse into a critical turning point in Earth’s biological history.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Shankara Buildpro’s stock collapse explained from blockbuster listing to sharp tumble

Shankara Buildpro’s stock collapse explained from blockbuster listing to sharp tumble

Shankara Buildpro surged after its stellar listing, but the stock later crashed from INR460 to INR2,365 and then tumbled. The decline isn’t just market mood: analysts point to flaws in the business model, repeated strategy shifts, mismatches between reported performance and on-ground conditions, and concerns around corporate governance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
West Bengal voters hit 92 point 72 turnout a 15 year high as polling stays tense

West Bengal voters hit 92 point 72 turnout a 15 year high as polling stays tense

West Bengal’s Assembly election saw a historic voter turnout of 92.72%, the highest in 15 years. While sporadic unrest including stone-throwing was reported, polling continued with resilience. The Election Commission of India ramped up security across key constituencies, where high-profile contests drew intense attention from voters statewide.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government Recognizes 84102 Startups Across 56 Sectors by November 30

Government Recognizes 84102 Startups Across 56 Sectors by November 30

In a Lok Sabha written reply, the government said the DPIIT has recognized 84,102 entities as startups as of November 30. These startups span 56 sectors, including agriculture, biotechnology, and chemicals. The move supports Startup India incentives like income tax benefits, alongside Fund of Funds and Seed Fund allocations, with Maharashtra, Karnataka, Delhi, Uttar Pradesh, and Gujarat leading recognition counts.

Summarised by Beize from a story on Trak on 24 Apr 2026
Adani tells NCLAT lenders back Jeetpakash process not judgeable wisdom as Vedanta counters

Adani tells NCLAT lenders back Jeetpakash process not judgeable wisdom as Vedanta counters

Adani Enterprises has told the NCLAT that the Jaiprakash Associates resolution followed due process, with evaluation metrics disclosed upfront and accepted by bidders. It opposed Vedanta’s late addendum, warning it could undermine process integrity. Adani also argued lender decisions represent commercial wisdom beyond judicial review, as the dispute remains pending before the tribunal.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
EC tightens West Bengal poll rules SD cards stay locked until cameras are dismantled

EC tightens West Bengal poll rules SD cards stay locked until cameras are dismantled

The Election Commission has issued fresh post-poll guidelines for West Bengal’s assembly elections, directing that SD cards from polling booth cameras will not be removed immediately. Instead, cameras must be dismantled under sector officer supervision while video footage is preserved securely. Polling party members and BLOs must remain until dismounting is completed, and a webcasting trial begins Friday for the second phase.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tamil Nadu election tests accessibility as visually impaired voters vote in Srirangam constituency

Tamil Nadu election tests accessibility as visually impaired voters vote in Srirangam constituency

In Tamil Nadu’s Srirangam Assembly constituency, 99 visually impaired voters in the Gandhi Nagar area cast ballots at the Panchayat Union Primary School. Officials made the polling setup accessible with Braille-enabled voting machines, ramps and walkways, temporary shelters, and the option for voters to bring an assistant to support them at every step.

Summarised by Beize from a story on Republic on 24 Apr 2026
India online gaming rules from May 1 bring authority age checks and tougher money game controls

India online gaming rules from May 1 bring authority age checks and tougher money game controls

India’s Ministry of Electronics and IT will enforce new online gaming rules from May 1, including the creation of the Online Gaming Authority of India. The framework brings game approvals and classifications, mandatory registration for specific titles, and long-valid digital certificates. Money games get stricter oversight, while players will see stronger safety tools such as age checks, parental controls, and a clearer grievance process.

Summarised by Beize from a story on Republic on 24 Apr 2026
CCI sets final hearing May 21 as Apple withholds key data in iPhone app antitrust case

CCI sets final hearing May 21 as Apple withholds key data in iPhone app antitrust case

India’s competition watchdog, the CCI, has fast-tracked Apple’s antitrust case and scheduled a final hearing for May 21. The CCI earlier found Apple abused its dominance in the iPhone app market, but Apple has not provided requested financial data. With penalties now in focus, the missing information could weigh heavily as fines are on the table.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Banks cut overseas forex bets fast ahead of RBI deadline slashing exposure to single digits

Banks cut overseas forex bets fast ahead of RBI deadline slashing exposure to single digits

Indian banks have largely unwound their net open foreign exchange positions ahead of an RBI deadline, shrinking aggregate exposure from about $40 billion to roughly $4–7 billion. The regulatory-driven exit is expected to keep pressure on the rupee, with traders eyeing a 93/$ to 94.50/$ band and a depreciating bias.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
September IIP slips as weak capital goods output drags industrial growth

September IIP slips as weak capital goods output drags industrial growth

September IIP points to a softer industrial pulse, with manufactures—over 77% of the index—contracting by 3.9%. The sharpest drag came from automobiles, where motor vehicles, trailers and semi-trailers fell 14.9% year-on-year, pulling down broader output despite other components.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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