📰 India Business Brief: Top Headlines for April 14, 2026

Business Standard

• U.S. Begins Iran Naval Blockade: President Donald Trump confirmed the U.S. military has begun a blockade of Iranian ports, warning that any "fast-attack" ships approaching the blockade would be "eliminated."
• "No Tax on Tips" Anniversary: To mark the first anniversary of the "no tax on tips" law, President Trump received a McDonald's delivery via DoorDash at the Oval Office, using the event to highlight his administration's populist economic policies.
• Oil Market Tension: Global oil prices remained volatile, hovering around $100 per barrel as the blockade of the Strait of Hormuz threatened the world’s most critical energy transit point.
• Trump Slams Media Coverage: The President launched a fresh offensive against the New York Times, accusing the publication of "false narratives" regarding the Iran conflict and demanding a public apology.

Economic Times

• Godrej Agrovet Leadership Shift: In a major succession move, Burjis Godrej has been elevated to Chairperson of Godrej Agrovet. He succeeds his father, Nadir Godrej, who is stepping down as part of a broader family transition plan.
• LIC Declares 1:1 Bonus Issue: The Life Insurance Corporation of India (LIC) announced its first-ever bonus share issue in a 1:1 ratio, aiming to reward long-term investors following a period of sluggish stock performance since its 2022 IPO.
• Market Holiday Observance: The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) were shut today for Ambedkar Jayanti. While the MCX was closed for the morning session, it resumed evening trading at 5:00 PM.
• SpiceJet Seeks Extension: Budget carrier SpiceJet has approached the court seeking more time to deposit ₹144 crore in its ongoing legal dispute with former promoter Kalanithi Maran.

Mint

• H1-B Applications Drop: Applications for H1-B visas from leading global financial firms have declined by 10%, a trend attributed to the Trump administration’s tightened visa regulations and "Hire American" mandates.
• Global UPI Security Norms: India has introduced new security standards for its digital payment infrastructure to ensure the Unified Payments Interface (UPI) meets international regulatory requirements as it expands to more countries.
• U.S. Congressional Resignations: In a night of political turmoil in Washington, Democrat Eric Swalwell and Republican Tony Gonzales both resigned from Congress following separate allegations of sexual misconduct.
• Meta’s AI Clone Project: Meta is reportedly building a 3D AI clone of Mark Zuckerberg designed to interact with employees, while in hardware news, Xiaomi's Redmi launched the A7 Pro 5G with a 6300 mAh battery in India.

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