Daily Republic News
- Business
- April 16, 2026
How El Nino-Driven Weaker Monsoon Rains Could Impact India
India’s weather office has forecast a below-average monsoon in 2026, with an El Nino expected to develop and weigh on rainfall in the latter half of the June to September season.In the past, India has seen below-average rainfall in most El Nino years, at times triggering severe d Read More
- Business
- April 16, 2026
No Relief for Anil Ambani: Supreme Court Allows Banks to Proceed With ‘Fraud’ Classification
Industrialist Anil Ambani faced a major legal setback on Thursday as the Supreme Court refused to stop banks from classifying his loan accounts as “fraudulent.”A three-judge bench, led by Chief Justice of India Surya Kant, dismissed Ambani’s petition against a recent Bombay High Read More
- Business
- April 16, 2026
Silicon Valley’s Favorite Shoe Brand Dumps Footwear for AI Chips, And the Stock Soared 876%
Allbirds Inc. (NASDAQ: BIRD), the eco-friendly footwear pioneer that once defined Silicon Valley’s aesthetic, has liquidated its retail legacy to gamble on the global AI hardware shortage.In a single trading session on Wednesday, April 15, the company’s shares jumped 876% from a Read More
- Business
- April 16, 2026
India’s Growth Rate A Bright Spot Amid US-Iran Tensions, Says IMF Chief
Amid the global oil and gas supply crisis triggered by the US-Iran conflict, IMF Chief Kristalina Georgieva noted that India’s growth is more than two times higher than the average global growth.”Economies that have these strong fundamentals, have the dynamism like India does, th Read More
- Business
- April 16, 2026
SpiceJet’s 42% Surge: Why is the Stock Flying as the Airline Warns of ‘Collapse’?
Shares of SpiceJet Limited extended their winning streak on Thursday. It hit the 5% upper circuit for the fifth time in six sessions as speculative demand continues to overwhelm the airline’s deepening financial and legal woes.As of 12:30 PM IST, the stock was trading at ₹14.14, Read More
- 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
