Finance and Invest Hub

Highlights of the day 🗓️

SpiceJet may cut jobs because of financial conditions worsening, with salary delays and fleet shrinking sharply.

The Nari Shakti amendment bill which gives 33% reservation to women failed to pass in Lok Sabha, as it didn’t get 2/3 of the vote majority.

Tesla is planning to launch Model Y 6-seater car in India next week.

Gold imports of India rose to 24% in 2025 by $71.98 billion.

Strait of Hormuz fully opened after 47 days after US-Iran peace deal working towards progress.

Meta’s biggest layoff in history of 8,000 cuts will start next month.

1 day ago | [YT] | 0

Finance and Invest Hub

Highlights of the day 🗓️

Government allowed 15 banks to import gold and silver till March 2029.

Government launched ₹12,500 cr to build 4 LPG pipelines (2,500 km) to improve gas transport infrastructure.

India’s smartphone shipments declined by 3% YoY, due to low demand and rising prices.

Indian refineries like Reliance and Indian Oil are buying Iranian oil, paying in yuan through ICICI’s Shanghai branch.

Gautam Adani overtakes Mukesh Ambani to become Asia’s richest person with a net worth of about $92.6 billion.

2 days ago | [YT] | 2

Finance and Invest Hub

Highlights of the day 🗓️

Government may allow a short-term 10–20% hike in essential medicines to help pharma companies manage input costs due to disruption in the supply chain.

Government introduced 3 bills in Parliament to implement 33% seat reservation for women in Lok Sabha and state assemblies.

3,800 kg of adulterated mango pulp was seized in Pune. The products use harmful chemicals and colours, which can cause health issues like nausea, dizziness, and long-term organ damage.

Maruti Suzuki discontinued its Ignis model due to weak sales and low demand.

RBI allows NBFCs to open new branches and expand their business without prior approval, making it easier for NBFCs to do business.

Since March, the government conducted around 1,28,000 raids across India, seizing more than 59,000 LPG cylinders to curb black marketing and hoarding.

3 days ago | [YT] | 2

Finance and Invest Hub

4 days ago | [YT] | 2

Finance and Invest Hub

Highlights of the day 🗓️

India’s wholesale price index rose to 3.88% in March, which is a 3-year high, because of a rise in crude oil and fuel prices.

UP government increases industrial minimum wages of industrial hubs by up to 21%.

As per a report, crude oil prices may fall anytime to pre-war levels; due to the recent rise, India’s crude oil bill could increase by over $70 billion annually.

India’s top 8 cities saw a drop in office leasing by 22%, because of low demand and supply delays.

India’s passenger vehicle dispatches rise by 16% to 4,42,460 units in March ‘26.

Navi Mumbai International Airport becomes India’s 9th busiest airport after 4 months of opening.

India’s borrowing shifts to unsecured loans — credit card borrowing rises to double, gold loans rise, but a drop is seen in education loans.

4 days ago | [YT] | 2

Finance and Invest Hub

Highlights of the day 🗓️

In India, 80% of phone models sold in the country have seen a 15% price rise, and it may further increase due to a rise in memory chip prices.

India is expected to receive a below-normal monsoon this year, as per IMD.

About 31,700 households with piped natural gas (PNG) in the country have given up their LPG cylinder connection.

India received 2 tankers of Iranian crude oil for the first time in 7 years, after a US sanctions waiver.

Sudarshan Venu, CMD of TVS Motor Company, says the company is ready with ethanol-powered vehicles and is planning to launch them.

Iran says they are not charging any toll on Indian tankers passing through the Strait of Hormuz.

5 days ago | [YT] | 0

Finance and Invest Hub

Highlights of the day 🗓️

TCS has hired 44,000 freshers in 2026 and in FY27 will hire 25,000 freshers, may increase as per demand, says TCS CEO.

US-Iran talks fail, didn’t reach a peace deal in Islamabad, Pakistan. US Vice President leaves without a peace deal.

Foreign portfolio investors withdraw ₹48,213 cr in April in 10 days from the Indian stock market.

As per a survey report, 75% of users said if UPI is charged, they will not use it.

A senior Reserve Bank of India official said some big traders in the currency market made the rupee fall more than it should have during the Middle East tensions

6 days ago | [YT] | 3

Finance and Invest Hub

Important update for UPI Users!!🚨

Reserve Bank of India is planning a 1-hour delay for first-time UPI transfers above ₹10,000.

Why?

Because most online frauds don’t take hours.
They happen in seconds.
And once the money is sent, it’s almost impossible to get it back.

So they are planning these changes:

• Sending money to a new person above ₹10,000 may take 1 hour
• You’ll get a window to cancel the transaction
• Extra safety layer to prevent fraud

UPI made transactions instant.
Now, it’s adding a safety as needed in today's digital world

Do you support this decision?

1 week ago | [YT] | 2

Finance and Invest Hub

🚨US–Iran talks have failed

1 week ago | [YT] | 2

Finance and Invest Hub

Highlights of the day 🗓️

India’s forex reserve increased by $9.06 billion to $697.12 billion on weekend closes, after 4 consecutive weeks’ fall.

India is now the second-largest market of ChatGPT globally, with 160 million monthly active users and 4.5x growth in 2025.

Today, NPCI introduced UPI (Unified Payment Interface) on 11 April 2016, which is India’s payment backbone now with 500+ million users.

Iran is unable to open the Strait of Hormuz because it ‘cannot locate all of the mines it laid in the waterway’ and currently ‘lacks the capability to remove them.’

For Census 2027, about 5.72 lakh families have filled their details online, for the first time in India allowing people to do the census themselves digitally.

1 week ago | [YT] | 1