Daily Republic News
- Business
- April 16, 2026
Fed Beige Book Warns of Iran War Impact: Surging Energy Costs and Tariffs Cloud US Outlook
U.S. businesses and households still adjusting to the Trump administration’s tariff policies also are reeling from a surge in energy prices due to the Iran war, a Federal Reserve report showed on Wednesday, even as it noted that economic activity in most of the country increased Read More
- Business
- April 16, 2026
Asia Stocks Jump as Geopolitical Tensions Ease; Nikkei Sets New Record Amid AI Optimism
Stocks pushed higher in Asian trading on Thursday as optimism grew about a deal to end the Iran war with the U.S. ratcheting up pressure on Tehran, while traders digested a buffet of economic data and critical earnings reports.MSCI’s broadest index of Asia-Pacific shares outside Read More
- Business
- April 16, 2026
US Poised to Become Net Crude Exporter Since 1943 as Iran War Disrupts Energy Markets
The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace Middle East supplies cut by the Iran war.The U.S. and Israel’s war with Read More
- Business
- April 16, 2026
Bitcoin Outlook: Will Negative Funding Rates and ETF Strength Topple the $75K Ceiling?
Bitcoin faced heavy selling pressure at the critical $75,000 mark on Thursday, as the digital asset navigated a complex landscape of institutional record-buying and escalating geopolitical uncertainty.Despite a brief overnight climb toward $76,000, the cryptocurrency pulled back Read More
- Business
- April 16, 2026
Wipro Shares Trade Flat Ahead of Q4 Results; Investors Eye Board Decision on Share Buyback
Shares of Wipro Limited traded with a cautious bias on Thursday morning as the market braced for the Bengaluru-based IT giant’s fourth-quarter earnings and a potential announcement regarding a return of capital to shareholders.As of 10:30 AM IST, the stock was quoted at ₹209.36, Read More
- Business
- April 16, 2026
Middle-Income Economies To Drive Global Growth Amid Fresh Hurdles: WEF
Middle-income economies are set to power the next phase of global expansion, even as the world economy confronts a new wave of structural challenges, according to a latest report by the World Economic Forum (WEF).In its report, “Growth in the New Economy: Towards a Blueprint,” th Read More
- Business
- April 16, 2026
Dollar Hangs Near Six-Week Lows As Investors Bet On Iran Peace Deal
The US dollar held near its lowest level since early March against major currencies on Thursday, as hopes for a peace deal with Iran buoyed sentiment and encouraged traders to shed safe-haven positions.President Donald Trump said the US-Israeli war on Iran was “close to over,” wh Read More
- Business
- April 16, 2026
Steel To Stay Costly Through 2026, India To Lead Demand Rebound in 2027
Steel Prices I India: Global steel demand is likely to remain weak in the near term as the World Steel Association sees growth of just 0.3 per cent in 2026, with a stronger recovery only coming in 2027, according to a report by Centrum. China remains the main drag on demand, whil Read More
- Business
- April 16, 2026
INR vs USD: Rupee Opens 9 Paise Higher At 93.28 Against US Dollar
Rupee vs USD: The rupee opened 9 paise higher at 93.28 against the US dollar on Thursday, April 16, as a result of growing optimism around the potential Iran ceasefire, however, gains were capped by persistent dollar demand from importers and companies with overseas borrowings.Af Read More
- Business
- April 16, 2026
Stock Market Opening Bell: Sensex Surges 0.73%, Nifty 50 Rises 0.64%
Stock Market Opening Bell: The Indian benchmark stock market indices Nifty 50, and Sensex witnessed a gap up opening on Thursday, April 16, after rising hopes pinned to a possible de-escalation in the Middle East after the second round of US-Iran peace talks.The Sensex rose 0.73% Read More
