📰 India Business Brief: Top Headlines for April 27, 2026

Business Standard

• Private capital expenditure in India grew by 32% in FY26, with the private sector contributing over 70% of all new investments, totaling nearly ₹41 trillion.
• Indian IT giants, including TCS and Infosys, continue to face a massive sell-off, with the sector's market value eroding by $115 billion over the last four months due to a shift toward AI and reduced discretionary spending.
• Vedanta’s ₹1.28 trillion aluminium smelter in Odisha has been identified as the largest single project announcement of the fiscal year, signaling a major boost for the metals and mining sector.
• The GIFT Nifty indicated a strong start for Dalal Street with a 200-point gain, even as global markets remain volatile due to the ongoing conflict in the Middle East.
• Stocks to watch today include Reliance Industries (RIL), Axis Bank, and IndusInd Bank, as investors react to the latest quarterly earnings reports.

Economic Times

• Adani Green Energy is reportedly planning a massive investment of ₹42,000 crore in FY27 to expand its renewable energy footprint across the country.
• Crude oil prices have climbed toward $110 per barrel as peace talks regarding the Iran conflict lost momentum, raising concerns about sustained inflationary pressure on the Indian economy.
• Reliance Industries' FMCG business is seeing strong growth in staples and essentials, though its aggressive push into quick commerce is reportedly weighing on retail margins.
• Skyroot Aerospace has flagged off its Vikram-1 rocket, targeting a June launch for what is expected to be India’s first private orbital mission.
• Tesla officials have confirmed that the company intends to bring its humanoid robot, Optimus, to the Indian market "at an appropriate time," as part of its long-term robotics expansion.

Mint

• India’s power demand hit an all-time high of 256GW this week as an intense heatwave sweeps across northern and central states, putting immense pressure on the national grid.
• India and New Zealand are holding final industry outreach sessions on the eve of signing a landmark Free Trade Agreement (FTA) expected to boost dairy and tech exports.
• Gold and silver prices remain highly volatile as investors seek safe-haven assets amid the collapse of US-Iran negotiations and disruptions in the Strait of Hormuz.
• Market analysts are recommending a "buy on dips" strategy for large-cap stocks like Tata Steel and Cyient DLM, despite the Nifty 50 dropping nearly 2% last week.
• Shriram Finance has warned that its FY27 growth targets may face headwinds if interest rates remain elevated due to global geopolitical instability.

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