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Stories from earlier this week and beyond.

Jubilant in talks to hand Dunkin India rights to Inspire Brands before December handover

Jubilant in talks to hand Dunkin India rights to Inspire Brands before December handover

Jubilant FoodWorks is negotiating to transfer its Dunkin’ India franchise rights to Inspire Brands, the global owner of the coffee-and-doughnuts chain. The move is tied to the current franchise agreement ending in December. Inspire Brands says it will secure a new local partner to keep Dunkin’ growing in India, signaling a potential shift in how the brand operates there.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Resolven signs 25 year deal to supply 180 MW wind power in Andhra Pradesh

Resolven signs 25 year deal to supply 180 MW wind power in Andhra Pradesh

Clean energy producer Resolven has signed a 25-year power supply agreement with Solar Energy Corporation of India for electricity from a new 180-megawatt wind project in Andhra Pradesh. The wind farm is expected to generate substantial clean power each year, supporting household electricity needs while cutting carbon emissions and strengthening India’s renewable energy pipeline.

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

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FD investors have a last chance as RBI cuts repo rate after five years — can rates go lower

FD investors have a last chance as RBI cuts repo rate after five years — can rates go lower

The RBI has cut the repo rate by 25 basis points for the first time in nearly five years, reshaping expectations for fixed deposit returns. Despite the move, inflation concerns, slower GDP, and a weaker rupee limit room to celebrate. Any next reductions—potentially 50 to 75 bps—may hinge on inflation staying in check and global monetary conditions improving.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
BCCI Names India U19 Squad For 2026 World Cup Vaibhav Suryavanshi Lands Spot

BCCI Names India U19 Squad For 2026 World Cup Vaibhav Suryavanshi Lands Spot

BCCI announced India’s 15-member squad for the ICC Men’s U19 World Cup 2026. Ayush Mhatre has been named captain, with a final team drawn for the upcoming global tournament. Vaibhav Suryavanshi also makes the cut, adding fresh momentum to India’s youth campaign as the competition approaches.

Summarised by Beize from a story on Republic on 24 Apr 2026
TCS and Infosys top jump as top firms’ market value surges Rs 72285 crore in a week

TCS and Infosys top jump as top firms’ market value surges Rs 72285 crore in a week

The combined market valuation of five of India’s top-10 most valued firms jumped by Rs 72,284.74 crore over the past week. Tata Consultancy Services (TCS) and Infosys were the biggest gainers, driving the surge as investor sentiment improved toward leading software bellwethers. The rally highlights how a handful of large caps can noticeably swing overall market wealth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Old state law fractures online fantasy sports across India and chills new players

Old state law fractures online fantasy sports across India and chills new players

Online fantasy sports can’t run smoothly across India because gambling and betting laws sit with individual states. With a 150-year-old legal framework and uneven state rules, platforms face compliance headaches, inconsistent licensing, and slower expansion—making it harder to offer a uniform experience and keep the market growing.

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

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Vedanta shares plunge on LSE as deal talks to buy Cairn stake roil investors

Vedanta shares plunge on LSE as deal talks to buy Cairn stake roil investors

Vedanta’s stock fell sharply on the London Stock Exchange, trading about 5.5% lower in the late afternoon and swinging from an early gain into the red. The move comes as market chatter swirls around talks to buy a stake in Cairn, highlighting how deal speculation can quickly hit sentiment and pricing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India updates aviation turbine fuel rules adding synthetic blends and tougher search seizure powers

India updates aviation turbine fuel rules adding synthetic blends and tougher search seizure powers

India’s Ministry of Petroleum and Natural Gas has issued the Aviation Turbine Fuel (Regulation of Marketing) Amendment Order, 2026. The update broadens the fuel definition to cover synthetic hydrocarbon blends, drops outdated references, and realigns search and seizure authority with the Bharatiya Nagarik Suraksha Sanhita, 2023. The move is set to strengthen compliance and enforcement across aviation fuel marketing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Prestige Estates sells 1700 plus homes in Hyderabad for Rs 2500 crore

Prestige Estates sells 1700 plus homes in Hyderabad for Rs 2500 crore

Prestige Estates Projects Ltd has hit a major milestone in Hyderabad, selling more than 1,700 housing units worth over Rs 2,500 crore. The surge is attributed to strong demand for its recently launched residential project, Prestige Golden Grove. The company says the project has received robust traction since launch, reflecting buyers’ appetite in the city’s property market.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bank lending surges in FY26 as India corporate funding mix shifts sharply again

Bank lending surges in FY26 as India corporate funding mix shifts sharply again

In FY26, Indian businesses are leaning more on bank lending as the dominant source of corporate funding, hitting a three-year peak in total resource mobilisation. Though foreign capital and bond markets saw activity, their scale paled compared with banks. The shift signals a notable change in how companies are financing growth, with credit markets playing a bigger role again.

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

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Rajnath Singh Tours German TKMS Shipyard Inspects Type 212 Submarine Talks Defence Pacts

Rajnath Singh Tours German TKMS Shipyard Inspects Type 212 Submarine Talks Defence Pacts

Defence Minister Rajnath Singh toured Germany’s TKMS shipyard and inspected a Type 212 submarine, during a visit that also followed key India Germany defence cooperation agreements. The deals focus on joint training, capability development, and closer security collaboration, signaling deeper alignment on future defence equipment cooperation between the two countries.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IFC pledges to pump 10 billion annually into India by 2030

IFC pledges to pump 10 billion annually into India by 2030

The World Bank’s IFC says it will scale up investments in India to $10 billion per year by 2030, targeting renewable energy, urban infrastructure, and financial services. It is also exploring municipal bond financing with Indian states, a potential shift in how local projects are funded. The move underscores a deeper push to back India’s growth trajectory.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI turns net buyer of dollars in February as rupee strengthens after trade deal

RBI turns net buyer of dollars in February as rupee strengthens after trade deal

The Reserve Bank of India shifted to being a net buyer of $7.4 billion in February, reversing January’s net dollar sales. The move appears to have aligned with a stronger rupee following the India-US trade deal announcement. In March, the rupee’s real effective exchange rate fell, signaling possible undervaluation that could boost export competitiveness.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI startup Nava raises 22 million to scale GPUs and data centers

AI startup Nava raises 22 million to scale GPUs and data centers

AI startup Nava has raised $22 million in a round led by Greenoaks Capital, with participation from RTP Global and Unicorn India Ventures. The funding will boost its GPU compute and AI data centre capacity and support hiring. Nava is shifting from a software-led GPU cloud to a vertically integrated model, selling infrastructure like GPU-as-a-service and bare-metal compute to enterprises building AI.

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

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Siddaramaiah claims Muslim leaders backed Congress pick in Davanagere South amid backlash

Siddaramaiah claims Muslim leaders backed Congress pick in Davanagere South amid backlash

Karnataka Chief Minister Siddaramaiah said local Muslim leaders were involved in Congress’s decision to field Samarth Shamanur in the Davanagere South bypoll, even as minority backlash erupted. The comments follow disciplinary action against two party leaders and raise questions about Muslim community support ahead of the election.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India’s first advanced 3D chip packaging unit set to take shape in Odisha Info Valley

India’s first advanced 3D chip packaging unit set to take shape in Odisha Info Valley

Union Electronics and IT Minister Ashwini Vaishnaw said the foundation stone for India’s first advanced 3D chip packaging unit was laid in Odisha’s Info Valley on Akshay Tritiya. The minister called it a major milestone for high-tech manufacturing in the state, crediting support from Prime Minister Narendra Modi and Odisha Chief Minister Mohan Charan Majhi.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US seizes another Iranian linked oil tanker as Strait of Hormuz tensions surge

US seizes another Iranian linked oil tanker as Strait of Hormuz tensions surge

The US military has seized another oil tanker tied to Iranian oil smuggling in the Indian Ocean, escalating a mounting maritime standoff. The move follows Iran’s capture of two vessels in the Strait of Hormuz and is meant to disrupt illicit networks supporting Iran. The dispute is already feeding into higher global oil prices and disrupted trade routes.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
RBI penalizes Ebix Payment Services and two banks for regulatory noncompliance

RBI penalizes Ebix Payment Services and two banks for regulatory noncompliance

The Reserve Bank of India has imposed penalties on Ebix Payment Services, along with Dr Babasaheb Ambedkar Nagari Sahakari Bank and Hardoi Jilla Sahkari Bank. The action follows regulatory non-compliance identified by the central bank, highlighting tighter scrutiny of adherence to RBI rules across payment and cooperative banking entities.

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

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West Asia war threatens India 334 billion F and B industry with LPG shock and closures

West Asia war threatens India 334 billion F and B industry with LPG shock and closures

The West Asia conflict is hitting India’s fast-moving food and beverage sector, especially small eateries, as LPG shortages and supply disruptions pile up. Many businesses are adjusting menus, trimming operating hours, and in extreme cases shutting down to avoid massive losses. The war’s spillover is turning everyday cooking fuel scarcity into a serious economic threat for local restaurants.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bharat Forge board weighs shutting Ennepetal plant as German unit faces cost squeeze

Bharat Forge board weighs shutting Ennepetal plant as German unit faces cost squeeze

Bharat Forge’s board has approved restructuring of its German subsidiary, Bharat Forge CDP GmbH, including a potential shutdown of operations in Ennepetal. The company cites sustained market challenges and persistent cost disadvantages that have made the unit hard to compete. Final decisions are expected after reviewing restructuring options and implications for operations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
UK police probe alleged Iran links to arson attacks on Jewish targets

UK police probe alleged Iran links to arson attacks on Jewish targets

London police are investigating whether Iran played a role in a string of arson attacks on Jewish sites, as the UK Chief Rabbi warns of a widening campaign of violence. A pro-Iranian group has claimed responsibility for some incidents, prompting counter-terrorism units to scrutinize the threats and watch for hostile activity within the UK amid rising tensions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Syenta raises 26 million to fix AI chip bottlenecks with a new manufacturing method

Syenta raises 26 million to fix AI chip bottlenecks with a new manufacturing method

Australian AI hardware startup Syenta has raised $26 million to scale a new chip manufacturing approach designed to ease AI supply bottlenecks. The firm plans to open an Arizona office and aims for high-volume production by 2028. Former Intel CEO Pat Gelsinger has joined Syenta’s board, signaling strong industry backing for faster chip connectivity and improved availability.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Modi and leaders vow India won’t bow to terrorism at Pahalgam memorial anniversary

Modi and leaders vow India won’t bow to terrorism at Pahalgam memorial anniversary

On the first anniversary of the Pahalgam attack, politicians, tourists and locals gathered at the Baisaran memorial to pay tribute to 26 victims. Prime Minister Narendra Modi and LG Manoj Sinha reiterated India’s resolve against terrorism, as the attack on April 22, 2025 claimed 25 tourists and a local ponywala. Organizers stressed the country remains united against terror.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
EU charts third way on US China push despite transatlantic love fest says envoys

EU charts third way on US China push despite transatlantic love fest says envoys

Despite a friendly transatlantic atmosphere in Brussels, EU leaders appeared to avoid an immediate, unified response to US Secretary of State Antony Blinken’s call to “push back on China together.” Two senior envoys who attended the talks said there was no direct reaction from ministers when Blinken argued for strength in unity, highlighting the EU’s “third way” approach toward both Washington and Beijing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
New ITR forms for FY 2025-26 tighten disclosures on political donations and F&O trades

New ITR forms for FY 2025-26 tighten disclosures on political donations and F&O trades

India’s tax department has released updated ITR forms for FY 2025–26 with stricter disclosure norms, without changing the overall structure. The updates target transparency in areas like political donations, F&O trading, and digital payments. Alongside these tighter checks, taxpayers get small convenience updates such as a secondary address field to streamline personal details filing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Oil could hit 150 as Iran tensions flare threatening Indian stocks and inflation fears

Oil could hit 150 as Iran tensions flare threatening Indian stocks and inflation fears

Oil prices have jumped past $100 as Iran Israel tensions raise fears of a prolonged shutdown of the Strait of Hormuz. Analysts warn crude could climb toward $150 if disruptions continue, stoking inflation risk and weighing on already pressured Indian equities. Markets are grappling with foreign outflows, rupee weakness, and lingering energy supply concerns.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Elon Musk says Grok could rewrite Wikipedia, correcting claims with synthetic data

Elon Musk says Grok could rewrite Wikipedia, correcting claims with synthetic data

Elon Musk claims xAI’s next Grok model could correct inaccuracies found in Wikipedia by using vast amounts of synthetic data to refine answers and add missing context. Amid rising AI competition, Musk hinted the system might even move toward a “Grokipedia,” raising questions about who controls updates to widely used public knowledge.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
JD(U) hands Bihar CM post to BJP, citing past support in surprise reversal

JD(U) hands Bihar CM post to BJP, citing past support in surprise reversal

JD(U) has decided to give the Chief Minister’s post in Bihar to BJP, saying the move reciprocates support the alliance partner had provided earlier. The new government, led by Samrat Choudhary, will seek a vote of confidence, with the NDA holding a strong majority. The administration plans to continue along Nitish Kumar’s governance lines.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian Railways to bundle approvals and speed bullet train corridors across seven routes

Indian Railways to bundle approvals and speed bullet train corridors across seven routes

Indian Railways is planning to fast-track new bullet train projects using bundled approvals, aiming to cut delays in land acquisition and execution. Standardised designs are expected to ramp up manufacturing, while pre-cast construction should improve on-ground deployment speed. Seven corridors are in the pipeline, including Mumbai-Pune and Delhi-Varanasi, with the approach meant to avoid delays witnessed earlier on the Mumbai-Ahmedabad route.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Japan sets up new cell to help companies pour FDI into India

Japan sets up new cell to help companies pour FDI into India

Japan’s Foreign Ministry is creating a new investment-support center to help Japanese companies expand into India. The move targets hurdles such as complex regulations and tax systems that have slowed overseas investment. The center will also deepen cooperation in AI, startups, and critical minerals, aligned with Japan’s aim of driving 10 trillion yen in private-sector investment by 2035.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Huawei Readies Ascend Supernode to Run Deepseek V4 After New Preview Release

Huawei Readies Ascend Supernode to Run Deepseek V4 After New Preview Release

Huawei says its Ascend supernode powered by Ascend 950 AI chips will fully support Deepseek’s V4 model variants after the Chinese AI startup released a preview. The announcement positions Huawei’s hardware stack as a near-term platform for Deepseek’s next generation, signaling escalating competition in China’s domestic AI compute ecosystem.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Hindustan Power wins 100 MW Punjab solar contract with 25 year deal

Hindustan Power wins 100 MW Punjab solar contract with 25 year deal

Hindustan Power has secured a 100 MW solar project from the Punjab government after a tariff-based competitive bidding process. The firm will sign a 25-year power purchase agreement with Punjab State Power Corporation Limited, with commissioning targeted within 24 months. The deal underscores Punjab’s push to expand solar capacity through long-term offtake arrangements.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
ILO warns 0.84 million deaths yearly linked to work related stress and harassment

ILO warns 0.84 million deaths yearly linked to work related stress and harassment

The ILO says work related stress drives about 0.84 million deaths each year globally, fueled by long working hours, job insecurity, and workplace harassment. The organization estimates the economic cost of these psychosocial pressures reaches 1.37% of global GDP annually, urging stronger protections and safer work environments.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Eveready inaugurates India only alkaline battery plant in Jammu boosting jobs and zero discharge power

Eveready inaugurates India only alkaline battery plant in Jammu boosting jobs and zero discharge power

Eveready Industries India has inaugurated India’s only operating alkaline battery facility in Jammu’s Samba, backed by an investment of about INR 200 crore. The plant is designed for peak output of around 360 million alkaline batteries annually, aims to cut import dependence, and plans over 500 direct and indirect jobs. It also features 1 MW rooftop solar, rainwater harvesting, and a zero-discharge design.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
UP Board exams start February 18 with OMR counter foil and last minute admit card surprises

UP Board exams start February 18 with OMR counter foil and last minute admit card surprises

Uttar Pradesh Board exams begin on February 18 for High School and Intermediate, with over 50 lakh students and more than 8,000 exam centres under UPMSP. Exams will use OMR sheets featuring pre-printed student details, while a counter-foil system is designed to boost transparency. Students arriving without admit cards may be allowed provisionally.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Danish Malewar debuts for Mumbai Indians at 21 after Ranji heroics

Danish Malewar debuts for Mumbai Indians at 21 after Ranji heroics

Danish Malewar made his IPL debut for Mumbai Indians in the 2026 season against Gujarat Titans. The 21-year-old batter from Nagpur secured his contract through standout domestic form, including a key role in Vidarbha’s Ranji Trophy triumph and strong T20 performances. His rise comes as Mumbai Indians look for a turnaround after recent setbacks.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sebi to write its own conflict rules after 30 years, balancing transparency with practicality

Sebi to write its own conflict rules after 30 years, balancing transparency with practicality

Sebi has begun consultations through a high-level committee to tackle conflict-of-interest concerns within the regulator and craft a broader governance framework. The effort comes as a new regulatory regime takes shape, with the key challenge being to raise transparency while avoiding rules so heavy they slow markets. Stakeholders across the ecosystem are being heard.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India plans scheme to supercharge critical mineral processing via Chile copper mines

India plans scheme to supercharge critical mineral processing via Chile copper mines

India is preparing a new push to strengthen critical mineral processing at home and expand supply chains abroad. Mines Secretary says public sector companies will bid for four copper mines in Chile, aiming to significantly raise domestic copper production. The plan also includes extracting gold from mining residue, turning waste streams into value.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IBDF asks for delay in new TV rating rules over cross screen measurement demands

IBDF asks for delay in new TV rating rules over cross screen measurement demands

The Indian Broadcasting and Digital Foundation has urged regulators to extend timelines for rolling out new TV audience measurement rules. It cites complexities around board restructuring, expanding measurement panels, and cross-screen tracking, while also questioning how distribution platforms and tech firms influence ratings. With broadcasters and advertisers heavily reliant on these figures, the delay could reshape planning and ad spends across the industry.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Indian ports surge into logistics and industry hubs, with cargo capacity set to double by 2030

Indian ports surge into logistics and industry hubs, with cargo capacity set to double by 2030

India’s Shipping Secretary told investors in Singapore that ports are rapidly transforming into logistics and industrial hubs. Cargo handling capacity has already doubled and is projected to reach 3,500 million tonnes per annum by 2030. At the same time, India is ramping up shipbuilding ambitions and accelerating green port and green fuel investments.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Retail investors shun IPOs in early 2026 as listings disappoint and subscriptions lag

Retail investors shun IPOs in early 2026 as listings disappoint and subscriptions lag

Retail investors are turning cautious in early 2026, reversing past enthusiasm for IPOs. Weak market conditions and lukewarm listing performances are denting confidence, leaving many mainboard issues under-subscribed—particularly in the retail portion. Several deals are seeing notable shortfalls, suggesting investors are demanding clearer signals before parking money in new public offers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Red Balloon Aerospace prepares super pressure balloon to beam connectivity across rural India

Red Balloon Aerospace prepares super pressure balloon to beam connectivity across rural India

Vijayawada-based Red Balloon Aerospace plans to launch a super pressure balloon in the second quarter to expand telecom coverage in underserved and rural regions. Operating in the 20 to 40 km stratospheric band for about 100 days, it will carry high-resolution imaging (25 to 75 cm) plus sensors for disaster response, industrial network monitoring, and continuous spatial observation.

Summarised by Beize from a story on YourStory on 24 Apr 2026
IAF in Haryana intercepted Pakistani missile aimed at Delhi using Barak 8 last year

IAF in Haryana intercepted Pakistani missile aimed at Delhi using Barak 8 last year

During last year’s Indo-Pak conflict, an Indian Air Force unit in Haryana reportedly used the Barak-8 air defence system—deployed from Sirsa—to intercept and destroy a Pakistani ballistic missile that may have been aimed at Delhi. The successful engagement is being cited as evidence of India’s growing capability to track, neutralize and prevent high-impact missile strikes.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
STCH bets on AI and raises 5.5 million to speed fabric R and D

STCH bets on AI and raises 5.5 million to speed fabric R and D

STCH, an AI-first platform for fashion fabric research, is raising $5.5 million from Omnivore and Kae Capital. The startup says its “fabric GPT” can reduce trial-and-error in fabric development by accelerating design and sourcing decisions. It also plans to push sustainable textile alternatives, positioning AI as a faster, greener route from concept to material.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Zee to invest up to Rs 116 crore in PhantomFX for AVGC push

Zee to invest up to Rs 116 crore in PhantomFX for AVGC push

Zee Entertainment Enterprises plans to invest up to Rs 116 crore in Phantom Digital Effects Ltd, under the PhantomFX brand, to enter and scale its AVGC ambitions. The company says the move will strengthen content creation across platforms and genres, drawing on PhantomFX’s global expertise and AI-integrated production to boost speed and output quality.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dubai real estate reels as entry level demand drops and incentives surge to lure buyers

Dubai real estate reels as entry level demand drops and incentives surge to lure buyers

Dubai’s real estate market is facing headwinds as geopolitical tensions hit buyer sentiment, especially among entry-level buyers. Sales are slowing across segments, and deals are taking longer to finalize. To stimulate demand, developers are introducing buyer-friendly packages such as flexible financing and fee waivers, betting incentives can restart stalled transactions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sitharaman slams Kharge terrorist jab at Modi after clarification controversy

Sitharaman slams Kharge terrorist jab at Modi after clarification controversy

Finance Minister Nirmala Sitharaman called Congress chief Mallikarjun Kharge’s “terrorist” remark about PM Narendra Modi “atrocious,” saying it marks a new low for the party. Kharge later clarified he was referring to Modi allegedly “terrorizing” opponents via central agencies, not labeling him a terrorist. Union minister Piyush Goyal joined the backlash, accusing the Gandhi family of choking democracy.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Zomato Drops Price Parity Clause After Restaurant Backlash and Unused Mystery Shopping

Zomato Drops Price Parity Clause After Restaurant Backlash and Unused Mystery Shopping

Zomato has withdrawn a contract term that required restaurants to match dine-in and website prices to its platform rates, Reuters first reported. The clause also allowed Zomato to impose fines up to three times the price difference and investigate via complaints or “mystery shopping,” though sources say it was never enforced. The move follows ongoing commission-model discussions amid intensifying competition.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
India boosts cooking gas output as shortage bites and prices surge for households and firms

India boosts cooking gas output as shortage bites and prices surge for households and firms

India is facing a lingering cooking gas shortage as refineries ramp up production and fresh global supplies are sourced, including cargoes from the US. Authorities are urging households to shift to piped gas while tackling hoarding and price gouging. The disruption is already driving price hikes and pressuring businesses across the supply chain.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Delhi court denies medical bail to Punit Garg in 40000 crore laundering case

Delhi court denies medical bail to Punit Garg in 40000 crore laundering case

A Delhi court at Rouse Avenue denied interim medical bail to Punit Garg, the former Director of Reliance Communications, accused in a Rs 40,000 crore money laundering case. The court cited an AIIMS report stating his tests are not urgent at present, directing that any future medical requirement be routed through government hospital referral rather than interim release.

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