Daily Republic News
- Business
- April 2, 2026
Will Rs 10 Excise Duty Cut Cost Over Rs 1.6 Trillion To Centre’s Exchequer?
The central government’s latest excise duty cut of Rs 10 on both fuels diesel, and petrol is likely to cost the administration’s exchequer ~0.5% of GDP, which translated between Rs 1.6 trillion to Rs 1.8 trillion.What Has Transpired?The government announced an Rs 10 per litre cut Read More
- Business
- April 2, 2026
Rupee Rebounds: RBI Bans NDF Contracts and Caps Bank Positions to Curb Speculation
India’s central bank has activated crisis-era measures to support the rupee, which has fallen to an all-time low as oil prices soared and foreign investors pulled money out at a record pace.Amid the strain, the Reserve Bank of India has stepped in to curb speculative activity via Read More
- Business
- April 2, 2026
Will The Indian Stock Market Remain Open Or Shut On April 3 For Good Friday?
The domestic benchmark stock market exchanges will remain closed on April 3 on account of Good Friday, making it the first stock market holiday this month.As per the market holiday calendar, stock markets’ exchanges, BSE and National Stock Exchange (NSE), are shut for trading tom Read More
- Business
- April 2, 2026
Gulf War Batters India’s Glass Heartland, Testing New Delhi’s Manufacturing Drive
Famed as India’s “Glass City” with a four-century tradition of glassmaking, Firozabad’s furnaces are now burning low, putting thousands of day labourers out of work in what would normally be peak season.The industry has been crippled by the war in the Middle East because of its i Read More
- Business
- April 2, 2026
RBI’s April 1 Reset: Why Banks are Pushing FDs Over Savings Accounts to Stop ‘Bank Runs’
As of April 1, 2026, the Reserve Bank of India (RBI) has enforced strict new Liquidity Coverage Ratio (LCR) norms, effectively placing a safety tax on money that can be moved instantly via UPI and mobile apps. The move is a direct response to the global rise of “Digital Bank Runs Read More
- Business
- April 2, 2026
Why is the Dollar Rising? Trump’s ‘No Timeline’ War Speech Triggers Global Sell-Off
The dollar advanced against major currencies on Thursday, reversing two days of losses, as U.S. President Donald Trump’s address on Iran shattered hopes for a swift end to the Middle East conflictand dented investor sentiment. In an eagerly anticipated address, the president vowe Read More
- Business
- April 2, 2026
INR vs USD: Why Rupee Fell After RBI Intervention Before April 2 Rebound? – Motilal Oswal Weighs In
Ahead of the rupee surging 1.6% to hit Rs 93.19 against USD after RBI’s intervention, brokerage house Motilal Oswal pointed out at that one point, rupee had already strengthened but quickly reversed hard, Bank Nifty crashed 4%, resulting in Rs 4k crore loses for banking entities. Read More
- Business
- April 2, 2026
Inflation Fear: Central Banks Pause Rate Cuts as West Asia Conflict Ignites Oil Prices
Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook.Policymakers across both developed and emerging markets Read More
- Business
- April 2, 2026
UPI Records 22.6 Billion Transactions in March; Check Which Cities Are Spending Most
India’s Unified Payments Interface (UPI) closed the 2025-26 financial year with a massive surge, recording 22.64 billion transactions in March. Data released by the National Payments Corporation of India (NPCI) on Wednesday shows that transaction value touched ₹29.53 lakh crore, Read More
- Business
- April 2, 2026
Vodafone Idea Finally Adds Users, but Why is Dalal Street Dumping the Stock Today?
Vodafone Idea (Vi) has recorded its first net subscriber gain in five years, ending a streak of losses dating back to 2021. However, the operational miracle failed to ignite a rally on Dalal Street. As of Thursday, Vi shares plummeted over 4.5% to hit an intraday low of ₹8.13. hi Read More
