Daily Republic News
- 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
- Business
- April 17, 2026
Rupee Surges 28 Paise to 92.86 against US Dollar as US-Iran Peace Talks Boost Sentiment
The Indian Rupee showed strong upward momentum on Friday, appreciating by 28 paise to reach 92.86 against the US Dollar in early deals. The currency’s strength comes at a time when global investors are pivoting back to riskier assets. This is encouraged by a visible de-escalation Read More
- Business
- April 17, 2026
Sensex Jumps 300 Pts, Nifty Surge on Middle East Peace Hopes; HUL, Maruti Lead Gains
Indian equity markets stayed in the green during mid-morning trade on Friday, with the BSE Sensex rising over 300 points as easing geopolitical tensions in the Middle East provided a much-needed tailwind for global risk assets.As of 10:30 AM IST, the BSE Sensex was trading at 78, Read More
- Business
- April 16, 2026
From 4th Hopes to 6th Place: Why India Slipped in Global GDP Rankings Despite 6.5% Growth
India has slipped to the position of the world’s sixth-largest economy, according to the latest data from the International Monetary Fund (IMF). This is a reversal for a nation that only months ago was hailed as the fourth-largest global economic power.The IMF’s April 2026 World Read More
- Business
- April 16, 2026
From KPIT to Apollo Tubes: Inside Mark Mobius’ Final India Portfolio and 2026 Vision
Mark Mobius, the pioneer of emerging markets investing who famously dubbed India “the real future,” passed away on Wednesday at the age of 89.Even in his final months, Mobius remained a vocal proponent of the Indian growth story. He maintained a 30% portfolio allocation to the co Read More
- Business
- April 16, 2026
Key Factors Reshaping Jewellery Buying This Akshaya Tritiya
Akshaya Tritiya continues to remain one of the most significant occasions for jewellery purchases in India, with gold and silver retaining their traditional importance as preferred investment options, this year it will be celebrated on Sunday, April 19.This year, changing consume Read More
