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    TCS Q4 net profit jumps 12 pc to Rs 13,718 cr; adds 2k employees as layoffs end
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    Connecting the Globe, Empowering Green Energy: China International Battery Fair 2026 Shapes the Next Era of Battery Technology
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April 9, 2026
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Profitability and revenue growth support stronger margins as headcount turns positive and workforce cuts end.
Revenue, profitability, and operating margin expanded in the March quarter, with net profit rising and revenue from operations increasing on the back of wider margins and continued customer technology spending. The company also reported new deal signings and said AI-related revenue had scaled materially on an annualised basis, while macroeconomic headwinds were still present. Headcount turned positive after two quarters of decline, the workforce reduction plan had ended, restructuring costs were capped, and salary hikes would resume across the organisation.
April 9, 2026
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Fraudulent share trading and crypto investment schemes exposed through unregistered entities, fake documents, and laundering methods.
Fraudulent share trading, cryptocurrency, and foreign exchange investment schemes were allegedly operated through unregistered entities, fake documents, fabricated user accounts, and misleading promises of high returns. One accused was said to have run a firm not registered with SEBI, used fake share certificates and investor documents, and attracted complaints from multiple states after promising gains in shares and IPOs. A separate investment fraud allegedly involved an online trading company using advertisements, social media campaigns, seminars, and an unauthorised trading application to induce investments in cryptocurrency and USDT.
April 9, 2026
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Energy supply security drives talks on restoring LNG and LPG shipments amid Middle East disruptions.
India is seeking to secure uninterrupted energy supplies amid geopolitical disruptions that have affected liquefied natural gas and LPG flows from the Middle East. Qatar, India's largest supplier of LNG and a major supplier of cooking gas, had halted supplies after the conflict in the region and the shutdown of a key export facility led to a declaration of force majeure on gas exports. Discussions are expected to centre on resumption of shipments, review of existing arrangements and strengthening bilateral energy cooperation.
April 9, 2026
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Aadhaar enrolment safeguards sought to prevent misuse of identity documents and curb improper citizenship claims.
Public interest litigation seeks directions to restrict fresh Aadhaar issuance to children up to six years of age and to frame stricter guidelines for adolescents and adults to prevent misuse by infiltrators or foreigners masquerading as Indian citizens. It also seeks display notices at common service centres stating that Aadhaar is only proof of identity and not proof of citizenship, address, or date of birth, and alleges that weak verification enables improper enrolment and acquisition of other identity documents.
April 9, 2026
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Cyber fraud prevention through intelligence sharing and coordinated action now strengthened by a new inter-agency memorandum.
The Financial Intelligence Unit-India and the Indian Cyber Crime Coordination Centre entered into a Memorandum of Understanding to strengthen coordination in combating cyber fraud and financial crimes. The arrangement provides for enhanced information sharing, development of operational intelligence, and support to investigative agencies for prevention of financial crimes, protection of digital transactions, and asset recovery. It also contemplates feedback mechanisms to improve fraud detection and the dissemination of guidelines and red flag indicators for financial institutions.
April 9, 2026
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Energy security and cross-border power trade shape India-Bhutan cooperation through hydropower, clean energy and technical agreements.
India-Bhutan bilateral engagement focused on strengthening cooperation in energy security, sustainable development, clean energy, hydropower and regional power trade. Discussions covered an enhanced bilateral institutional framework for regular review and coordination of initiatives, including non-hydro energy, cross-border transmission, project financing, capacity building and institutional partnerships. The parties also signed the Tariff Protocol for the Punatsangchhu-II Hydroelectric Project and a methodology for reactive energy accounting to support grid stability and cross-border electricity exchange.
April 9, 2026
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Trade Receivables Discounting System directions seek to harmonise TReDS guidelines and support MSME receivables financing.
Reserve Bank of India has released draft Trade Receivables Discounting System Directions to rationalise and harmonise the existing guidelines governing TReDS platforms. The draft framework is intended to support financing of MSME trade receivables through regulated discounting mechanisms. The draft Directions have been issued for public consultation, and comments or feedback may be submitted by regulated entities and other stakeholders through the prescribed online regulatory feedback channel within the stipulated consultation period.
April 9, 2026
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Bank board governance reform shifts to principle-based guidance after RBI issues draft amendment directions for public consultation.
Reserve Bank of India has issued draft governance amendment directions for commercial banks, small finance banks, payments banks and local area banks for public comments. The proposed changes follow a comprehensive review and rationalisation of existing instructions on matters to be placed before bank boards, including their periodicity, so that boards may focus more effectively on strategy and risk governance. The draft framework replaces the earlier seven broad themes with principle-based guidance on board matters and retains RBI's ability to mandate policies and items for board approval, review or information.
April 9, 2026
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Investment Fluctuation Reserve rules updated through draft directions to align bank-wise prudential treatment and reporting clarity.
Reserve Bank of India has placed draft Amendment Directions for public comments to revise the framework on Investment Fluctuation Reserve across multiple categories of banks, together with related amendments on capital adequacy and financial statement disclosures. The draft seeks to modify the existing instructions governing classification, valuation and operation of investment portfolios and the treatment of IFR under the applicable prudential framework. The proposed changes aim to address operational difficulties, align instructions across bank categories, dispense with the IFR requirement for certain banks, require compliance as on balance-sheet dates, and harmonise related instructions for regulatory clarity.
April 9, 2026
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Common Equity Tier 1 capital rules revised as quarterly profit recognition conditions for CRAR are proposed for removal.
Reserve Bank of India has issued draft amendment directions on the inclusion of quarterly profits in Common Equity Tier 1 capital for CRAR computation by commercial banks, small finance banks and payments banks. The draft proposes revisions to the prudential norms on capital adequacy and invites public comments. The existing rule for commercial banks permits quarterly recognition of current-year profits for CRAR calculation subject to a condition on incremental provisions for non-performing assets, and the proposed review removes that qualifying condition.
April 8, 2026
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Horticulture development roadmap targets export growth, stronger production, and better market linkages for Jammu and Kashmir crops.
Operation Golden Greens proposes a phased horticulture development roadmap for Jammu and Kashmir centred on five sub-missions for dry fruits, fresh fruits, vegetables, floriculture and minor crops. The plan seeks to raise production, improve quality, strengthen market linkages and expand exports of apple, walnut, almond and saffron through branding, irrigation support, storage and cold-chain infrastructure, grading, packaging, processing, CA storage and high-density plantations.
April 8, 2026
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Ceasefire-driven oil supply relief lifts global stocks as Strait of Hormuz disruption fears ease.
Global markets rallied and crude oil prices fell after a two-week ceasefire eased fears of disruption to shipping through the Strait of Hormuz and the flow of oil from the Persian Gulf. The article notes that uncertainty remained over whether maritime traffic would normalise and whether the truce would last, but the immediate effect was a sharp recovery in stocks, especially energy-sensitive sectors, and lower Treasury yields as inflation concerns eased.
April 8, 2026
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Money-laundering investigation leads to provisional attachment over alleged illegal nightclub operation and forged compliance documents.
Money-laundering investigation under the Prevention of Money Laundering Act concerned a Goa nightclub allegedly operated without mandatory statutory approvals, including the requisite fire no objection certificate and a valid trade licence. The Enforcement Directorate issued a provisional attachment of immovable assets valued at Rs 17.45 crore, stating that the properties were connected with the suspected illegal operation of the establishment and were situated in Goa. The agency alleged that forged documents were used to obtain licences and that revenue from the alleged illegal operation constituted proceeds of crime.
April 8, 2026
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Rupee recovery and unchanged RBI policy reflect easing geopolitical stress, softer crude, and cautious monetary outlook.
The rupee appreciated against the US dollar after easing geopolitical tensions, a softer dollar index and lower crude oil sentiment. The Reserve Bank of India kept the key policy rate unchanged and maintained a neutral stance, assessing the impact of the West Asia conflict on energy supplies, inflation, growth and trade flows. It also projected higher crude oil prices and a weaker rupee for the next financial period.
April 8, 2026
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Repo rate unchanged as geopolitical uncertainty eases and equity markets rally on lower crude prices.
Equity markets rallied sharply after a two-week US-Iran ceasefire, with broad gains across stocks, sectoral indices and market capitalisation. The surge was linked to lower crude prices, reduced geopolitical uncertainty and improved risk sentiment, with comments noting support for inflation, the current account deficit, the rupee and fiscal conditions. The Reserve Bank of India kept the benchmark repo rate unchanged at 5.25 per cent and maintained a neutral stance as policymakers assessed uncertainty from the West Asia conflict, including risks to energy supplies, inflation, growth, trade flows and currency stability.
April 8, 2026
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Banking supervision review confirms no governance concern and no present need for regulatory changes.
Banking sector supervision includes review of board minutes and related records as part of regular oversight. The supervisory review disclosed no governance or conduct-related material issue, and the regulator stated that no change in guidelines is presently considered necessary, though further directions may be introduced if future circumstances require them. Reported fraud incidents were characterised as criminal activity involving colluding individuals, with no present indication of systemic risk or need for a regulatory tweak.
April 8, 2026
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Battery industry transition toward higher-value lithium-ion, energy storage, and low-carbon manufacturing takes center stage at a major exhibition.
China's battery sector is described as shifting from scale toward higher-value lithium-ion products, power batteries, energy storage technologies, smart manufacturing, and lower-emission production. The 18th China International Battery Fair is presented as a major international exhibition covering batteries, materials, manufacturing equipment, system solutions, and recycling applications, with forums on advanced batteries, new energy storage, battery carbon-footprint management, and battery passport themes.
April 8, 2026
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Rupee stability and high-growth reforms frame India's path to developed nation status amid global uncertainty.
The Indian Rupee is expected to stabilise around the 92-93 level against the US dollar, with pressure attributed to global geopolitical headwinds and foreign institutional investor withdrawals. Strong macroeconomic fundamentals, fiscal space, and a comfortable current account deficit are described as supporting currency resilience, while the Reserve Bank of India's decision to keep policy rates unchanged is characterised as appropriate in the prevailing environment.
April 8, 2026
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Crude price correction and ceasefire-led sentiment drive a broad equity rally as the central bank holds policy steady.
Equity benchmark indices rallied sharply as global risk sentiment improved following a temporary US-Iran ceasefire, which triggered a steep correction in crude oil prices and eased concerns over inflation, growth and energy supply disruptions. Broad-based buying across sectors, stronger global markets and a firmer rupee supported the advance, while Indian volatility eased and sectoral indices, mid-cap stocks and small-cap stocks also moved higher. Brent crude fell sharply and Asian and European markets recorded strong gains, reflecting the wider recovery in market sentiment.
April 8, 2026
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Strait of Hormuz supply disruption eases as ceasefire improves tanker movement and steadies India's energy imports.
A conditional ceasefire between the United States and Iran eased pressure on India's energy supplies by lowering crude prices and improving prospects for transit through the Strait of Hormuz. India had earlier reduced LPG and natural gas supplies, then partially restored them as alternative sources were secured, while directing city gas distributors to prioritise piped natural gas connections for commercial users. Shipping authorities aimed to move stranded vessels before resuming trade.

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Connecting the Globe, Empowering Green Energy: China International Battery Fair 2026 Shapes the Next Era of Battery Technology

April 8, 2026

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More than 3,100 exhibitors across battery, materials, equipment, and recycling segments, highlighting solid-state, sodium-ion, and carbon tracking TIANJIN, China, April 7, 2026 /PRNewswire/ -- China's battery sector closed out 2025 with steady shipment volumes and climbing prices, a clear sign of improving quality and efficiency across the sector. Full-year exports totaled 37.896 billion battery units, roughly flat from a year earlier, but the value jumped 22.8% to $82.279 billion—underscoring the country's continued edge in international markets. It is increasingly shifting toward power batteries and emerging energy storage technologies, with smart manufacturing playing a larger role in improving efficiency and supporting higher-value, lower-emission production. Riding that momentum, the 18th China International Battery Fair (CIBF2026) is set to open on May 13–15 at the Shenzhen World Exhibition & Convention Center. On the quality front, the industry has been shifting gears from sheer scale to more refined capability. In 2025, lithium-ion battery exports hit $76.746 billion, up 25.55% year on year. Higher-value lithium-ion products now account for a bigger slice of the export mix, climbing from 91.3% in 2024 to 93.3% in 2025. That shift in composition has become a key driver of overall export growth, reflecting a leaner product mix and a stronger competitive footing for Chinese battery makers in international markets. Going forward, the focus will be on breaking new ground in power batteries, energy storage, and solid-state technologies—filling gaps across the supply chain and speeding up the move from lab to production. This momentum provides an important context for CIBF2026. As the competitiveness and market position of China's battery sector continue to rise, CIBF2026 has become a leading international exhibition—one that sits at the crossroads of policy and industry, technology and market, and domestic and international opportunity. This year's event is on track to draw more than 3,100 exhibitors from around the world, with both scale and scope hitting new highs. The floor spans the supply chain—power and energy storage batteries, 3C cells, materials, manufacturing equipment, system solutions, and recycling applications—offering a broad look at where battery technology stands today. From solid-state and sodium-ion advances to intelligent equipment and carbon-tracking systems, the show will bring together key players across the international supply chain, giving companies a platform to showcase capabilities, connect with partners, and tap into new markets. A lineup of high-level forums will run alongside the exhibition, including the CIBF2026 Conference on the Frontier Technology of Advanced Batteries, the Conference on Next-Generation Battery Technology and Advanced Manufacturing for Electric Aviation, the 6th China International Conference on New Energy Storage Technology and Engineering Application, the Annual Conference of the CIAPS Lithium Iron Phosphate Materials Branch, and the 3rd International Battery Passport Conference. These sessions will dig into topics like emerging storage technologies and battery carbon-footprint management, bringing together industry participants to explore practical paths forward. More than 2,000 experts, researchers, and business leaders are expected to attend, offering a read on policy direction, emerging tech, and market trends. This year's show will also put a spotlight on energy storage batteries, fuel cells, recycling technologies, and energy-efficient manufacturing equipment—positioned as a platform for zero-carbon industrial parks and low-emission development initiatives. The goal is to back the kind of robust growth that comes with a low-carbon economy. With the global energy transition accelerating and China's battery sector gaining strength, visitor registration for CIBF is now open. Industry professionals can reserve their spot through the official platform to take in what's become a key gathering point for the international battery community. For more information, visit: https://www.cibf.org.cn/en-US. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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