Business News: Economy & Markets

Rupee depreciation post Feb 27 in line with other currencies: Report

IANS | April 3, 2026 2:15 PM

New Delhi, April 3 (IANS) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research.

Sentiment on Indian IT sector turns bearish amid global uncertainties: Report

IANS | April 3, 2026 2:08 PM

New Delhi, April 3 (IANS) Sentiment towards India’s IT services sector has turned more bearish amid rising global uncertainties, although investors remain hesitant to take strong directional bets, a report said on Friday.

Maruti Suzuki expands service network to 5,926 touchpoints

IANS | April 3, 2026 1:45 PM

New Delhi, April 3 (IANS) India's largest automobile firm, Maruti Suzuki, on Friday said that it added 502 new service touchpoints in the financial year ended March 2026, in the highest single-year network expansion in the automaker's history, bringing its total after-sales service footprint to 5,926 touchpoints spread across 3,000 cities and towns nationwide.

Cost risks in India auto sector underappreciated by markets: Report

IANS | April 3, 2026 1:06 PM

New Delhi, April 3 (IANS) The cost pressures facing Indian auto companies are being systematically underestimated by the market, even as investor sentiment on India has taken a distinctly more cautious turn, according to a report released on Friday.

HPCL cracks down on LPG malpractices, suspends 10 distributors amid govt action

IANS | April 3, 2026 11:52 AM

New Delhi, April 3 (IANS) State-owned Hindustan Petroleum Corporation Limited (HPCL) on Friday said it has suspended 10 liquefied petroleum gas (LPG) distributors for alleged malpractices, reiterating its zero-tolerance policy against irregularities in its distribution network.

India's fisheries sector draws Rs 39,272 crore investment since 2015, seafood exports double

IANS | April 3, 2026 11:25 AM

New Delhi, April 3 (IANS) The government on Friday said that India's fisheries sector has grown into a significant contributor to food security, employment and export earnings, backed by a record investment of Rs 39,272 crore since 2015.

Economists don’t see any change in repo rate or stance at RBI MPC next week

IANS | April 3, 2026 11:11 AM

New Delhi, April 3 (IANS) Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week.

West Asia conflict drives crude oil prices to multi-year highs, Brent up 8 pc

IANS | April 3, 2026 11:01 AM

New Delhi, April 3 (IANS) Global crude oil prices rose on Friday after US President Donald Trump warned of possible military strikes on Iran within two to three weeks, stoking fresh concerns over supply disruptions from the West Asia region.

Govt suspends order mandating 60 pc free seat selection on flights

IANS | April 3, 2026 10:15 AM

New Delhi, April 3 (IANS) The government has suspended its earlier direction to airlines to offer at least 60 per cent of seats on any flight free of additional charge, which was set to come into effect from April 20.

Stock markets end lower for 6th straight week over West Asia conflict

IANS | April 3, 2026 9:45 AM

Mumbai, April 3 (IANS) Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week.

Business

Rupee depreciation post Feb 27 in line with other currencies: Report

Sentiment on Indian IT sector turns bearish amid global uncertainties: Report

Maruti Suzuki expands service network to 5,926 touchpoints

Cost risks in India auto sector underappreciated by markets: Report

HPCL cracks down on LPG malpractices, suspends 10 distributors amid govt action

India's fisheries sector draws Rs 39,272 crore investment since 2015, seafood exports double

Economists don’t see any change in repo rate or stance at RBI MPC next week

West Asia conflict drives crude oil prices to multi-year highs, Brent up 8 pc

Govt suspends order mandating 60 pc free seat selection on flights

Stock markets end lower for 6th straight week over West Asia conflict

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