Business Economy


RBI keeps repo rate unchanged at 5.25%; warns West Asia conflict to impact growth

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17 Apr 2026 | 4:59 PM

New Delhi, Apr 17 (UNI) India may face mounting pressure on its current account deficit (CAD), which could rise to around 2 per cent of GDP if global oil prices increase, according to a report by CRISIL.

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Markets rebound: Sensex jumps 505 pts, Nifty tops 24,300

17 Apr 2026 | 4:36 PM

New Delhi, April 17 (UNI) The Indian stock market on Friday recouped losses and ended higher. Nifty was above 24,300, supported by positive geopolitical developments. At close, the Sensex was up 504.86 points or 0.65 percent at 78,493.54, and the Nifty was up 156.80 points or 0.65 percent at 24,353.55.

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ASMS, UAL Biotech Sign MoU to Promote Sustainable Agriculture

17 Apr 2026 | 3:30 PM

Hyderabad, Apr 17 (UNI): Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, on Friday said it has signed a Memorandum of Understanding (MoU) with UAL Biotech Pte Ltd, a Singapore-based bio-innovation company, to explore opportunities in sustainable agriculture and rural ecosystem development.

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FSSAI directs States to intensify checks on use of prohibited fruit ripening agents

17 Apr 2026 | 3:07 PM

New Delhi, Apr 17 (UNI) The Food Safety and Standards Authority of India (FSSAI) has directed all States and union Territories to step up surveillance and enforcement against the use of unauthorized and hazardous artificial ripening agents in fruits, reiterating that substances such as calcium carbide are strictly prohibited.

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Gautam Adani surpasses Mukesh Ambani to become Asia's richest person

17 Apr 2026 | 1:51 PM

New Delhi, April 17 (UNI) Gautam Adani surpasses Mukesh Ambani to become Asia's richest person, fueled by gains in Adani Group stock values. Adani's wealth stands at $92.6 billion, while Ambani's is about $90.8 billion, according to the Bloomberg Billionaire Index. Both tycoons are among the top 20 richest people in the world."

Mukesh Ambani had long held the position, and now follows closely. While the gap remains narrow, the change highlights the volatile nature of global wealth movements.

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