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    India’s forex reserves jump by USD 9 billion to USD 697.12 billion: RBI
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April 10, 2026
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Foreign exchange reserves rise as foreign currency assets and gold reserves drive the weekly increase amid rupee pressure.
India's foreign exchange reserves increased by USD 9.063 billion to USD 697.121 billion for the week ended April 3, 2026, after the previous week's decline. The rise in reserves was driven by gains in major components, including foreign currency assets and gold reserves, while Special Drawing Rights increased marginally and the reserve position with the IMF remained unchanged.
April 10, 2026
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Reliable energy supply and free navigation drive India-Qatar talks amid regional disruptions.
India and Qatar reaffirmed strategic energy cooperation amid West Asia tensions, with Qatar stating that it would remain a reliable energy supplier to India. The talks focused on stability in global markets, an early end to disruptions in energy supplies, and restoration of normal trade flows after conflict-related interruptions affected regional exports and supply chains. Both sides welcomed the ceasefire and stressed unimpeded freedom of navigation and the global flow of commerce to support supply chains.
April 10, 2026
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Tax dispute reduction gains momentum as appeal disposals, grievance resolution and data-driven enforcement expand across the department.
The Income Tax Department reported a substantial rise in appeal disposals, along with increased resolution of grievances, rectification applications and orders giving effect, as part of efforts to reduce disputes and improve taxpayer certainty. The CBDT chairman said enforcement should be guided by data analytics, intelligence-driven inputs and proportionate action, while theme-based investigations targeted incorrect deduction claims and suppression of business receipts. The department also processed trust registrations, signed more advance pricing agreements and highlighted the new tax law framework as supporting easier compliance and a non-intrusive administration.
April 10, 2026
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Global supply chain management training expands with a new online certificate for working professionals in India.
A higher education collaboration has been announced to launch a Master Certificate in Global Supply Chain Management in India, combining Michigan State University's academic instruction with TimesPro's online delivery platform and Bisk Education's digital learning support. The 24-week, 100% online programme is designed for working professionals seeking stronger capabilities in procurement, logistics, operations and global supply chain strategy. It includes core modules and specialisation tracks covering supply chain management, logistics strategy, supply risk, sustainability, global market dynamics and the regulatory realities affecting international trade and logistics.
April 10, 2026
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Electronics manufacturing growth gains momentum as Uttar Pradesh positions itself as a major investment and value-chain hub.
Electronics manufacturing in Uttar Pradesh is being positioned as a major industrial growth area through the electronica India and productronica India 2026 platform in Greater Noida, alongside policy signalling, infrastructure readiness, investment facilitation, and expansion of the Noida-Greater Noida corridor as a manufacturing base. Government leaders highlighted a stable policy environment, ease of doing business, rising exports, and support for manufacturing-led growth, with emphasis on moving beyond assembly toward component manufacturing and value-chain integration.
April 10, 2026
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Statutory seniority in NCLT appointments questioned as a technical member challenges acting president selection.
Challenge to the appointment of an acting president of the National Company Law Tribunal on the ground that the statutory senior-most member rule required appointment of the member who joined earlier, irrespective of whether the member was judicial or technical. The petitioner, a technical member, claimed seniority by date of joining in the absence of any rule on inter se seniority. The High Court issued notice and observed prima facie substance in the plea if the statute mandated appointment of the senior-most member.
April 10, 2026
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Personal loan flexibility expands with longer repayment tenure, transparent rates, collateral-free borrowing, and faster disbursal.
Personal loan offering has been structured with an extended repayment tenure of up to 108 months, replacing the earlier maximum of 96 months, to give borrowers greater flexibility in managing EMIs and monthly cash flow. Customers may choose a tenure ranging from 12 months to 108 months, depending on income, financial commitments, and repayment preference. The loan is presented as a financing option for planned and urgent expenses, with the longer repayment period intended to support affordability and financial planning.
April 10, 2026
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Textile sector growth gains momentum through export expansion, policy support, technology adoption and sustainability-driven manufacturing.
India's textile sector is supported by policy initiatives, export expansion goals and rising global demand, with Vision 2030 targeting higher exports through stronger domestic manufacturing and a larger global footprint. The Union Budget 2026-27 places the sector at the centre of employment, export growth, rural livelihoods and sustainable manufacturing, while growth is also being driven by the Production Linked Incentive scheme, technological advancement, sustainability practices and e-commerce expansion.
April 10, 2026
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India growth outlook stays robust as domestic demand, easing financing conditions, and trade factors support expansion.
India's growth outlook is projected to remain robust in the current fiscal year, supported by strong domestic demand, easing financing conditions, and lower tariffs on Indian goods. The next fiscal year is expected to see higher growth from domestic reforms, trade agreement effects, and expected government salary increases. Inflation is forecast to rise in the current fiscal year due to higher food and oil prices before easing as oil prices soften.
April 10, 2026
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Gold smuggling network intercepted through intelligence-led airport action, with gold bars and jewellery seized and carriers arrested.
Organised gold smuggling network intercepted by the Directorate of Revenue Intelligence through intelligence-led action targeting female carriers arriving from Nairobi at Chhatrapati Shivaji Maharaj International Airport, Mumbai. Under Operation Dhahabu Blitz, officers seized 29.37 kg of gold comprising gold bars and gold jewellery and arrested 24 foreign nationals carrying the contraband.
April 10, 2026
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Rupee volatility and RBI position limits weigh on USD/INR as global tensions and crude prices stay elevated.
Rupee trading remained volatile amid rising global tensions, with the USD/INR pair pressured by the US-Iran conflict, fragile ceasefire conditions and firmer crude prices. Market participants linked near-term movement to fading domestic support from unwinding of overnight positions, while noting that the RBI's instructions to banks on curbing overnight USD positions were nearing expiry. India's forex reserves and stable banking system were seen as buffers, though external uncertainty continued to weigh on the outlook.
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.

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Qatar vows to remain reliable energy supplier to India amid West Asia tensions

April 10, 2026

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New Delhi, Apr 10 (PTI) Qatar will remain a "reliable energy supplier" to India, its Energy Minister Saad Sherida Al-Kaabi said during talks with Indian Oil Minister Hardeep Singh Puri in Doha, as both sides called for stability in global markets amid ongoing West Asia tensions.

Puri, on a two-day visit to Qatar from April 9-10, conveyed a message of solidarity from Prime Minister Narendra Modi to Qatar's leadership, following the outbreak of conflict in the region, according to an Indian government statement on Friday.

Both sides welcomed the two-week ceasefire announced on April 8 and stressed the need for an early end to disruptions in global energy supplies.

They also emphasised the importance of "unimpeded freedom of navigation and the global flow of commerce" to maintain supply chains, the statement said.

The visit comes as New Delhi seeks to secure energy supplies amid heightened geopolitical tensions that have disrupted global fuel trade flows. Qatar is India's single-largest supplier of LNG and LPG, providing 45 per cent and 20 per cent, respectively.

After the US and Israel attacks on Iran on February 28, Tehran's sweeping retaliation targeted neighbouring Gulf countries that hosted US troops. Qatar's giant LNG export facility was struck, leading to the shutdown of production and a declaration of force majeure on gas exports, including to India.

India relies on imports to meet about half of its natural gas demand and roughly two-thirds of its LPG needs, a fuel widely used for household cooking, with the bulk of supplies sourced from West Asia.

The six-week conflict has all but shut down energy exports from the Gulf countries, leaving India to grapple with industrial supply shortages and the knock-on impact of rising prices.

Discussions during Puri's visit are expected to have focused on restoring shipments, reviewing existing agreements, and exploring avenues to strengthen bilateral energy cooperation.

The statement said Puri arrived in Doha on April 9 afternoon and in the evening, he met with the Qatar Minister of State for Energy Affairs, and President and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Puri conveyed greetings and a message of solidarity and support on behalf of Prime Minister Narendra Modi to the Amir of Qatar, Sheikh Tamim bin Hamad Al Thani, as well as the Prime Minister and Foreign Minister of Qatar, HE Sheikh Mohammed bin Abdulrahman Al Thani.

"He recalled the two telephone conversations between PM Modi and His Highness The Amir in March 2026, following the start of the conflict, during which both leaders had emphasised the urgent need to restore peace and stability in the region through dialogue and diplomacy. PM Modi had conveyed gratitude to His Highness for the care and support given by Qatar to the Indian community," it said.

Both ministers, the statement said, discussed all aspects of the strategic relations between the two countries, including high-level engagements, trade, investment, energy, culture and people-to-people relations.

"They hoped for early return of peace and stability in the region and further strengthening of the bilateral relationship between India and Qatar," it said.

"Al-Kaabi reaffirmed the State of Qatar's commitment to remain a reliable energy supplier and looked forward to continuing and strengthening energy relations and cooperation with India." Both ministers also welcomed the two-week ceasefire agreed on April 8, and stressed the importance of an early end to disruptions in global energy supplies and restoration of normalcy. In this context, they emphasised the need for unimpeded freedom of navigation and the global flow of commerce to maintain global supply chains.

Puri thanked Qatar's MOS for Energy Affairs, Kaabi, for hosting him. Both ministers agreed to remain in regular touch in the coming weeks.

The minister also posted pictures of his meeting on X.

"Very happy to meet Qatar Minister of State for Energy Affairs, and President and CEO of QatarEnergy, H.E. Mr Saad Sherida Al-Kaabi in Doha during my two-day visit to Qatar," he said. PTI ANZ ANZ BAL BAL

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