Business News: Economy & Markets

Libya oil discovery reflects growing global footprints of Indian energy firms: Govt

IANS | April 28, 2026 10:44 AM

New Delhi, April 28 (IANS) The government on Tuesday said the recent oil and gas discovery in Libya by Indian oil marketing companies (OMCs) -- Oil India Limited (OIL), and Indian Oil Corporation Limited (IOCL) -- with local operators reflects the growing global footprint of the country’s energy firms and their expanding presence in overseas assets.

First LNG tanker crosses Hormuz chokepoint after weeks of disruption: Report

IANS | April 28, 2026 10:02 AM

New Delhi, April 28 (IANS) The first liquefied natural gas (LNG) shipment, since the West Asia conflict began on February 28, appeared to have traversed the Strait of Hormuz, signalling a potential breakthrough at a key global energy chokepoint, reports said on Tuesday, citing ship-tracking data.

Indian stock markets trade lower amid US-Iran tensions, surging crude

IANS | April 28, 2026 9:35 AM

Mumbai, April 28 (IANS) Domestic equity markets traded lower in early morning session on Tuesday as investors remained cautious amid persistent geopolitical tensions between the US and Iran.

Bengaluru continues to lead as career hub for large companies in AI era

IANS | April 28, 2026 9:16 AM

New Delhi, April 28 (IANS) Bengaluru remains a prominent talent hub for India’s top companies hiring in the silicon valley of the country, followed closely by Hyderabad, a new report showed on Tuesday.

Piyush Goyal explores avenues for exporters to leverage various FTAs

IANS | April 27, 2026 9:53 PM

New Delhi, April 27 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held a productive interaction with heads of various Export Promotion Councils (EPCs) here.

PM Modi’s leadership played key role in fast-tracking FTA: Todd McClay (IANS Exclusive)

IANS | April 27, 2026 9:09 PM

New Delhi, April 27 (IANS) New Zealand Trade and Investment Minister Todd McClay said on Monday that there is no question that the strong leadership of Prime Ministers Narendra Modi and Chris Luxon helped achieve the free trade deal in a record time of nine months.

India-New Zealand FTA to kick in within this year, says Todd McClay (IANS Exclusive)

IANS | April 27, 2026 8:43 PM

New Delhi, April 27 (IANS) New Zealand’s Minister for Trade and Investment, Todd McClay, said that the FTA signed with India on Monday will be put before his country’s Parliament as early as tomorrow to fast-track the process so that it can come into force within this year.

Adani Total Gas' Q4 profit rises 9 pc, revenue jumps nearly 17 pc

IANS | April 27, 2026 8:27 PM

Ahmedabad, April 27 (IANS) Adani Total Gas Limited (ATGL) on Monday reported a 9 per cent year-on-year (YoY) increase in its net profit for the quarter of FY26 ended March 31.

India-Kenya Joint Trade Committee meets in Nairobi, MoU signed

IANS | April 27, 2026 7:48 PM

Nairobi, April 27 (IANS) The 10th meeting of the Joint Trade Committee of India and Kenya was held in Nairobi on Monday.

Legal abolition of 'period tax' won't solve Pakistan's menstrual stigma: Report

IANS | April 27, 2026 7:09 PM

New Delhi, April 27 (IANS) A petition challenging Pakistan’s taxation of menstrual products as "luxury products" has drawn national attention but campaigners opined that a court victory may not by itself deliver a meaningful, lasting change, a new report has said.