Daily Republic News
- Business
- April 17, 2026
India’s Current Account Deficit Likely to Hit 2% of GDP Amid Rising Oil Prices: Crisil
India’s current account deficit (CAD) is likely to touch 2 per cent of GDP under higher oil price scenarios, according to a report by Crisil.The report stated that in its base case scenario, assuming exports benefit from US tariff relaxations and crude oil prices average between Read More
- Business
- April 17, 2026
Govt Authorizes 15 Banks Including SBI and HDFC to Import Gold and Silver Until March 2029
The Indian government has moved to clear a bottleneck in the metals market, formally authorizing 15 top-tier banks to resume gold and silver imports. The new directive from the Directorate General of Foreign Trade (DGFT) provides a three-year window for bullion operations. This e Read More
- Business
- April 17, 2026
₹116 Cr Profit in a Tax Crisis: The Strategy Driving VST’s Massive 19% Breakout
While companies are grappling with the Sin Tax shock, VST Industries has turned a tax crisis into a profit. The Radhakishan Damani-backed firm saw its shares hit the upper circuit today as investors digested an “extraordinary” display of operating leverage.As of 2:15 PM IST, the Read More
- Business
- April 17, 2026
High Prices and Import Halt Dampen Gold Buying Ahead of Akshaya Tritiya 2026
Gold demand in India was modest this week, as high domestic prices weighed on retail purchases ahead of the key Akshaya Tritiya festival weekend, while premiums in China held steady.Dealers quoted discounts of up to $4 an ounce and though some quoted premiums of $14 Read More
- Business
- April 17, 2026
US Dollar Headed for Second Weekly Loss as Middle East Peace Hopes Spark Safe-Haven Sell-Off
The U.S. dollar was headed for a second consecutive weekly decline on Friday in cautious trade, as a ceasefire between Israel and Lebanon and prospects for fresh Iran talks prompted investors to unwind safe-haven positions.A 10-day ceasefire between Lebanon and Israel went into e Read More
- Business
- April 17, 2026
Should You Sell? Wipro Shares Hit 4% Lower Circuit as Analysts Warn of ‘Negative Growth’ Ahead
Shares of IT services giant Wipro Ltd plummeted in mid-morning trade on Friday, as the market reacted to a disappointing growth outlook that shadowed a multi-billion-dollar buyback announcement. Despite a resilient margin performance, the company’s forecast of potential revenue d Read More
- Business
- April 17, 2026
Indian Banks Stop Gold and Silver Imports; 13 Tons of Bullion Stuck Amid Government Delay: Sources
Indian banks have halted gold and silver import orders from overseas suppliers, with tons of the metals stuck at customs as a formal government order has not been issued authorising bullion imports, trade sources said.Without fresh imports, India could face supply shortages, as t Read More
- Business
- April 17, 2026
Netflix Stock Slumps 8.7% in Europe as Co-Founder Reed Hastings Steps Down from Board
Shares in Netflix fell sharply in Europe on Friday after the company forecast revenue growth below expectations and as chairman and co-founder Reed Hastings said he would not seek re-election.By 0603GMT, the streaming service’s Frankfurt-listed shares were down 8.7%. Netflix shar Read More
- Business
- April 17, 2026
Asian Stocks Rally for Second Week; Brent Crude Hits $98.14 Amid US-Iran Peace Talks
Asian stocks headed for a second week of strong gains on Friday while oil prices were pinned below $100 a barrel with investors dialling back risk ahead of a crucial weekend that could pave the way for a near-term resolution to the Middle East war.A 10-day ceasefire between Leb Read More
- Business
- April 17, 2026
Gautam Adani Surpasses Mukesh Ambani, Becomes Asia’s Richest Person; What Is His Net Worth Now?
New Delhi: Gautam Adani, Chairman of the Adani Group, has once again overtaken Reliance Industries Chairman Mukesh Ambani to become the richest person in Asia. The shuffle, recorded on April 17, 2026, comes on the back of a significant surge in the share prices of Adani Group’s l Read More
