Daily Republic News
- 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
- Business
- April 2, 2026
India Bonds Fall Before First Fy27 Debt Sale As War Keeps Oil High
The central government bonds fell on the fiscal year’s first trading day, pushing the 10-year yield toward a twelfth straight rise as oil climbed after President Donald Trump said attacks on Iran would continue, with traders cautious ahead of a debt sale.Trump said that Washingto Read More
- Business
- April 2, 2026
Amazon Bahrain Data Centres Damaged Following Recent Iranian Military Strikes
Amazon Data Centres I Iranian Strikes: The US tech giant Amazon’s cloud business operations in Bahrain, an island nation in West Asia, has been damaged after Iran’s military strikes conducted on Wednesday.Numerous Amazon Web Services facilities have been hit during the recent att Read More
- Business
- April 2, 2026
Why is Oil Skyrocketing? Trump’s ‘Stone Age’ Warning to Iran Sends Brent Past $107
Global oil benchmarks rallied on Thursday after U.S. President Donald Trump delivered a national address, in which he vowed to intensify military strikes against Iran. Brent crude surged over 6% to top $107.49 per barrel, reversing a brief cooling period as markets reacted to Tru Read More
