📰 India Business Brief: Top Headlines for April 30, 2026

Business Standard

• Taiwan's equity market has officially overtaken Canada's to become the world's sixth largest, reflecting a shift in global capital flows toward AI-driven tech hubs.
• Dhan has launched 'Gold Vault,' a new investment tool featuring MCX-linked pricing, as gold prices continue to face volatility due to safe-haven demand.
• A performance gap has emerged in Indian capital market infrastructure; while exchanges like BSE and MCX have seen massive returns (up to 2,157% for BSE over three years), depositories like CDSL and NSDL are trailing as "account-based utilities."
• The government has initiated a fresh move to bifurcate the National Board of Revenue (NBR), forming a nine-member committee to review revenue policy and management.
• IPDC Finance reported a robust 25% year-on-year growth in net profit for the fiscal year 2025, driven by a surge in investment income despite broader macroeconomic challenges.

Economic Times

• The US Federal Reserve has kept interest rates unchanged at 3.5%–3.75%, citing uncertainty from the West Asia conflict and rising energy prices as key factors for the hold.
• Brent crude oil prices have jumped above $119 per barrel, marking the highest levels since 2022, as geopolitical tensions disrupt global supply chains.
• The Finance Ministry’s monthly economic review highlights that a weak monsoon and the West Asia war pose significant downside risks to India’s growth and could pressure inflation and fiscal deficits.
• Bajaj Finance reported a 22% rise in Q4 net profit to ₹5,553 crore, while Adani Power saw a 52% surge in profit to ₹4,017 crore for the same period.
• Adani Green Energy (AGEL) announced plans to add up to 15,000 GWh of battery energy storage capacity annually, requiring multi-crore investments to stabilize the renewable grid.
• Foreign Portfolio Investors (FPIs) have seen a massive exodus, with outflows in the first four months of 2026 already surpassing the total for the entirety of the previous year.

Mint

• Over 70 major companies, including Hindustan Unilever (HUL), Adani Enterprises, and Bajaj Finserv, are scheduled to release their Q4 financial results today, which is expected to drive significant stock-specific action.
• The Indian government is planning to establish a strategic "monster reserve" for critical minerals to safeguard sectors like electric mobility and electronics manufacturing from import dependencies.
• The EPFO is set to launch an Aadhaar-based portal designed to help employees identify and unlock dormant provident fund accounts.
• Market analysts are closely watching HUL’s results for insights into rural consumption trends and margin dynamics amidst fluctuating commodity prices.
• Jerome Powell has indicated plans to remain on the Federal Reserve board even after his term as chair expires, providing some continuity to US monetary policy expectations.

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