Daily Republic News
- Business
- April 20, 2026
Brent Crude Surges 7% to $96.50 as US-Iran Naval Clashes Push Hormuz to Brink of War
Global energy markets were thrown into a state of panic on Monday morning as Brent crude prices surged nearly 7%, hitting an intraday high of $96.88 per barrel. The price follows a weekend of military escalation in the Middle East that has effectively halted maritime traffic thro Read More
- Business
- April 20, 2026
Banking Rally: ICICI Bank Surges as Profits Hit ₹13,702 Crore Despite Energy Market Turmoil
Shares of ICICI Bank surged on Monday morning, acting as the primary anchor for Indian benchmarks as markets grappled with a massive spike in global energy prices. By 10:30 AM IST, the private lender’s stock was trading at ₹1,365.30, up ₹18.50 or 1.37% from its previous close.Pro Read More
- Business
- April 20, 2026
Bulls Fight Back: Nifty Reclaims 24,350, Sensex Gains 150+ Points After Volatile Monday Opening
The Indian stock market showed intraday resilience on Monday morning, reversing an early-morning sell-off triggered by mixed global signals. While the indices opened with a downward gap, aggressive “buying on dips” in the banking and financial services sector successfully pulled Read More
- Business
- April 19, 2026
‘Bindi, Tilak, Mangalsutra, Hijab Are All Welcome’: Lenskart Apologises, Releases New Dress Code After Massive Backlash
New Delhi: Indian eyewear company Lenskart has issued a public apology and released a new dress code after receiving massive backlash for indulging in alleged religious discrimination. ‘Boycott Lenskart’ has been trending in India over the past few days after the company’s old st Read More
- Business
- April 18, 2026
India Adds Over 55,000 Startups in FY26, Highest Annual Growth Since 2016
The government recognised more than 55,200 startups during the financial year 2025-26, marking the highest annual addition since the launch of the Startup India initiative, according the Ministry of Commerce & Industry.The total number of recognised startups in the country has cr Read More
- 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
