Economic Times19.04.2026BusinessIndia
GeriSC issues pan-India directions for road safety
HABER
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RBI Monetary Policy Committee Begins Meeting, Rates Expected to Remain Unchanged
The Reserve Bank of India's Monetary Policy Committee (MPC) begins its three-day meeting, with market participants widely expecting the benchmark repo rate to remain unchanged. The central bank is focused on domestic inflation, liquidity, and economic growth, while monitoring global uncertainties and elevated crude oil prices.
Economic Times
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US and Japan Coordinate Yen Intervention, Leave Door Open for More Action
The US and Japan conducted a rare coordinated currency market intervention, with Japan buying yen to counter excessive volatility. Both nations signaled readiness for further action if needed, as Japan also cut its economic growth outlook due to high oil prices and a weaker yen.
Times of India
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Government Expected to Approve Rare Earth Magnet Manufacturing Centres
The government is anticipated to approve new manufacturing centres for rare earth permanent magnets as part of the next phase of the electronics component manufacturing scheme (ECMS), with multiple proposals currently under review.
Economic Times
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India's New Space Re-entry Guidelines Highlight Insurance Capacity Gaps
India's new space object re-entry guidelines, issued by IN-SPACe, have brought the country's limited commercial space insurance capacity into focus, leading to calls for specialized products and pooled capital.
Economic Times
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UK Economy Faces Contraction in 2027 if Strait of Hormuz Closure Persists, EY Warns
EY forecasts the UK economy to shrink 0.2% in 2027 with 6.4% inflation if the Strait of Hormuz remains closed until mid-2027. Reopening the strait by September improves this year's growth forecast to 0.8%. Interest rate cuts by the Bank of England are expected next year.
Economic Times
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Shiprocket IPO Expected Soon at Rs 7,000 Crore Valuation
Ecommerce logistics firm Shiprocket is anticipated to launch its initial public offering within one to two weeks, targeting a valuation of approximately Rs 7,000 crore. This valuation represents a 30% decrease from its last private funding round.
Economic Times
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