📰 India Business Brief: Top Headlines for April 21, 2026

Economic Times

• South Korean "Chaebols" including Samsung, LG, and Hyundai met with Prime Minister Narendra Modi to discuss multi-billion dollar expansion plans and increasing exports from India.
• The Central Electricity Regulatory Commission (CERC) has proposed "Grid India" as the sole market coupling operator to standardize electricity pricing across various exchanges.
• India's renewable energy push is facing significant hurdles as grid bottlenecks and land acquisition delays slow down transmission projects by PGCIL.
• Jio Financial Services plans to scale its ₹25,000 crore lending book by focusing on property-backed and corporate lending while maintaining a cautious stance on unsecured credit.
• TVS Motor Company has officially entered the Zambian market, appointing Zamoto Manufacturing as its distributor to strengthen its African footprint.

Business Standard

• RBI Governor Sanjay Malhotra stated that India is aggressively ramping up domestic oil and gas production to mitigate the impact of the ongoing West Asia crisis on imports and remittances.
• Unilever Consumer Care reported an 8% decline in revenue for the January-March 2026 quarter, with net profits falling 12% to ₹12.11 crore.
• The Finance Ministry is reportedly negotiating with the IMF regarding tough conditions for a new deal, including the withdrawal of government subsidies and moving to a market-based exchange rate.
• Shares of HCL Tech, Vedanta, and HPCL are in the spotlight today as investors react to earnings expectations and upcoming corporate demergers.

Mint

• A Mint investigation revealed a major scam involving "silver" offerings at the Vaishno Devi shrine, where donations were found to contain toxic cadmium and iron instead of precious metal.
• HCL Tech, Nestle India, and Tata Elxsi are among the major companies scheduled to declare their Q4 2026 financial results today.
• Gift Nifty indicates a positive start for Indian benchmarks (Sensex and Nifty 50) as global markets rally on hopes of a resolution to the US-Iran conflict.
• Mint Blockchain has announced it will cease operations by October 2026, urging all users to migrate their digital assets to the Ethereum mainnet immediately.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News