📰 India Business Brief: Top Headlines for April 29, 2026

Economic Times

• Crude oil prices extended their rally for an eighth consecutive session, crossing the $110 per barrel mark amid reports of an extended U.S. blockade on Iranian ports.
• Maruti Suzuki reported a 7% year-on-year drop in standalone profit for Q4 to ₹3,591 crore, despite achieving a 28% growth in revenue.
• Reliance Industries and TCS remained in the spotlight as live updates continued for their March quarter financial results and annual performance outlooks.
• Prime Minister Modi flagged off India's first Vande Bharat Sleeper train and launched infrastructure projects worth ₹4,000 crore in West Bengal.

Business Standard

• GIFT Nifty indicated a cautious start for Indian indices, trading around 24,107 as markets weighed the geopolitical impact of the UAE exiting OPEC on May 1.
• Ceat’s Q4 net profit more than doubled due to a successful global expansion strategy, with overall revenue rising 23% during the quarter.
• Key stocks to watch for the trading session included Bandhan Bank, BHEL, Mobikwik, and Canara HSBC Life Insurance following major corporate announcements.
• Market analysts warned of continued volatility and sustained FII selling as investors awaited the outcome of the U.S. Federal Reserve’s latest monetary policy meeting.

Mint

• India’s industrial output growth slowed to 4.1% in March, according to the latest data, raising concerns over the momentum of the manufacturing sector.
• The Ministry of Electronics and Information Technology (MeitY) issued a warning to VPN providers against enabling access to blocked betting and prediction apps.
• India successfully sealed a Free Trade Agreement (FTA) with New Zealand, securing a $20 billion investment pledge and duty-free access for various sectors.
• The domestic financial sector is eyeing a "productivity revolution" through the integration of Agentic AI, with major firms looking to automate complex decision-making processes.

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