The Economic Times

U.S. Stock Market today: Tech stocks were also the biggest gainers on the Nasdaq and the Dow Jones.

U.S. President Donald Trump's special envoy Steve Witkoff and son-in-law Jared Kushner are scheduled to visit Pakistan for discussions with Iran's foreign minister. Vice President JD Vance is on standby to join if negotiations advance. The travel plans were first reported by CNN.

Quote of the Day: Michael Jackson, the 'King of Pop,' confessed to profound loneliness despite his global fame and joyful childhood moments with his brothers. His early life, dominated by rigorous training and performance, led to emotional isolation. This quote highlights the hidden struggles behind extraordinary lives, reminding us that external success doesn't always equate to inner happiness, urging a look beyond appearances.

Paige Shiver reveals shocking details in relationship with former Michigan coach Sherrone Moore. In a televised interview, Shiver detailed a relationship marked by emotional imbalance, alleged control, and a medically complicated pregnancy influenced by Pompe disease. She also described a frightening post-termination confrontation and later legal consequences involving Moores arrest and probation.

NVIDIA Corporation stock (NVDA) just crossed a staggering $5 trillion market cap again, after jumping more than 5% in a single trading session. This is not a routine rally. This is AI reshaping markets in real time. Nvidia stock is rising because global demand for AI chips is exploding across data centers, cloud, and enterprise systems. Revenue has already crossed $215 billion, with profits leading the semiconductor industry. Analysts still see upside, with price targets climbing higher.

As India gears up for a sustainable future, Mercedes-Benz is stepping up its game in the electric vehicle sector. The luxury car brand is all set to roll out an exciting array of new EV models over the next 18 to 20 months, aiming to bolster its electric offerings across different segments.

As of March 2026, the landscape of central sector infrastructure is marked by significant challenges, with projects exceeding Rs 150 crore collectively suffering a cost overrun of Rs 5.61 lakh crore. The total revised budget for 1,941 ongoing projects has ballooned to Rs 41.50 lakh crore, against an expenditure of Rs 19.93 lakh crore so far.

Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.

Haryana's new retirement housing policy is boosting senior living projects. Developers can now build more units, making projects more viable. This change encourages integrated communities with essential amenities. Demand is rising due to longer life spans and changing family structures. Major developers are entering this growing segment, which has significant untapped potential.

Quote of the Day by Hugh Jackman: Nobody suddenly discovers anything. Things are made slowly and in pain Hugh Jackmans quote emphasizes that nothing meaningful in life happens instantly or by sudden discovery. Instead, every achievement, success, or breakthrough is built slowly through consistent effort, patience, struggle, and determination. The timeless quote reminds us that success is not overnight but the outcome of long-term persistence and hard work.

QCOM stock today: Qualcomm shares surged over 8% amid renewed optimism, boosted by strong Intel earnings and positive semiconductor industry signals. However, investors await Qualcomm's April 29 earnings report, which will reveal if momentum can be sustained despite ongoing smartphone market concerns and memory constraints.

The timeline of engagement rumours surrounding Harry Styles and Zo Kravitz highlights how quickly their relationship appears to have progressed. The two were first linked in August 2025 after being spotted together in Rome. They were later seen in London and other cities, often maintaining a low profile while continuing to spend time together.

Social activist Anna Hazare commented on the departure of Raghav Chadha and six other Aam Aadmi Party Rajya Sabha members. Hazare suggested their exit indicates the party may not have followed the correct course. He believes they must have encountered difficulties within AAP. This exodus represents a significant challenge for the Aam Aadmi Party since its inception.

Speaking at a webinar here , Chairman of CII Western region Subcommittee on International Trade & Investment and MD, Continental Carriers, Vaibhav Vohra, also said that the wider adoption of such initiatives can significantly improve efficiency and reduce transaction costs.

US stock market today: Dow Jones crashes while Nasdaq surges. The Dow Jones Industrial Average falls over 150 points. It trades near 49,147. The NASDAQ Composite jumps almost 0.9%. The S&P 500 stays in green with steady gains. This move reflects a powerful tech-driven rally. Intel surges more than 25% after strong earnings. AI data center demand drives this spike. Semiconductor stocks extend weekly gains near 10%. Meanwhile, Iran tensions push oil above $100. That pressures industrial stocks. Co

Four TCS employees in Nashik were arrested for allegedly sexually harassing and attempting to forcibly convert a male colleague. The accused reportedly forced the victim to wear a Muslim cap, perform Namaz, and consume non-vegetarian food. Police sought custody to investigate further into the alleged religious coercion and threats.

American consumer confidence hit a near four-year low in April. This decline stems from worries about rising prices. The conflict with Iran is impacting oil and commodity costs. While gas prices saw a slight dip after a ceasefire, overall sentiment remains subdued. Consumers anticipate inflation to remain elevated over the next year and five years.

A witty employee used a robot analogy to highlight the detrimental effects of excessive work hours and last-minute assignments on work-life balance. His exchange with his boss, shared by a career coach, emphasized that humans, unlike machines, require rest and personal time. The viral post resonated with many, underscoring the importance of setting boundaries for well-being.

In a decisive turn of events, the Justice Department has finalized its investigation into Jerome Powell, head of the Federal Reserve. This development significantly smooths the way for the Senate to swiftly confirm Kevin Warsh as his successor. The investigation delved into extensive renovations at the Fed but concluded without any findings of criminal behavior.

The Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank must cease all banking activities immediately. The RBI plans to approach the High Court to initiate the dissolution process due to ongoing non-compliance issues.

Reliance Industries' Oil-to-Chemicals segment faced margin pressures in the March quarter due to rising crude premiums, elevated freight, and insurance costs. Despite strong global refining margins, the company reported a 3.7% year-on-year decline in O2C EBITDA, impacted by higher fuel costs and policy interventions.

Indoor mobile data consumption is rising, causing connectivity problems. Trai Chairman AK Lahoti stresses the need for developers to integrate connectivity infrastructure into building plans. New regulations will rate buildings on their digital connectivity quality. Trai also recommends making more spectrum available to improve mobile signals, especially within homes.

Reliance Industries is on a fast track in the quick commerce space, leveraging an expansive network of over 20,000 stores transformed into local fulfillment centers. This move has sparked a substantial increase in hyperlocal orders, reshaping the landscape of retail delivery across groceries, electronics, and fashion.

In an effort to boost the mining sector, the government is allocating a substantial Rs 5,000 crore to states that enhance the efficiency of mining block auctions and operations for the fiscal year 2026-27. This financial incentive encourages states to modernize their processes, utilize innovative technologies, and integrate with the national mining portal.

SpaceX IPO 2026 is set to redefine markets. A projected $1.75 trillion valuation is already shaking Wall Street. The SpaceX S-1 filing is expected soon. Likely between late April and mid-May 2026. This document will reveal full financials. Revenue. Profit margins. Starlink growth. Debt exposure. Early reports hint at $75 billion fundraising. Over 10 million Starlink users globally. Strong cash flow but rising risks. A $20 billion loan adds pressure. Elon Musk is expected to retain control. The S

Reliance Jio reported a rise in ARPU to 214 in Q4 FY26, with its subscriber base exceeding 524 million. The company's 5G adoption surged, reaching 268 million users, and its fixed broadband business gained significant market share. Enhanced services and new bundled packs are expected to drive continued growth.

Annalena Baerbock, President of the 80th session of the UN General Assembly, will visit India on April 28. She will meet External Affairs Minister S Jaishankar to discuss key multilateral issues. Baerbock will also pay homage to Mahatma Gandhi at Rajghat. An interactive session on artificial intelligence governance and regulation with the Ministry of Electronics and IT is also planned.

Reliance Industries Limited saw its net profit fall 12.6 percent in the March quarter. This was due to challenges in its oil-to-chemicals segment. However, its consumer businesses like Jio Platforms and Reliance Retail performed well. For the full year, Reliance achieved record profits and revenue. The company announced a dividend of Rs 6 per share for FY26.

What time does NFL draft start today: The 49ers and Bills traded out of the first round, joining the Falcons, Bengals, Packers, Broncos, Jaguars and Colts on the sideline.

Wendys Spring 2026 Menu: Wendys has launched its 2026 spring menu featuring a mix of bold, spicy, and refreshing new items. Designed around seasonal cravings, the menu blends comfort food with innovative flavors. Customers can access select items early through the Wendys app before nationwide availability. The spring rollout highlights Wendys strategy of combining nostalgia, heat, and refreshment in one seasonal offering for diverse customer preferences.

India's wheat output for the 2025-26 crop year is expected to be between 110 and 120 million tonnes. Unseasonal rains and hailstorms have impacted crops in key growing states. The government has increased its wheat procurement target to 34.5 million tonnes. Exports are permitted but facing slow shipments. A new open market sale scheme policy is planned soon.

Chinese proverb of the day: Life often presents difficult choices where you cannot have everything you desire. A Chinese proverb, 'One cannot have both the fish and the bears paw,' highlights the necessity of prioritizing. Accepting these trade-offs allows for greater focus on what truly matters and leads to a stronger sense of purpose.

US stock market concentration risk hits extreme levels: AI stocks now dominate S&P 500 market cap at a record 45% level in 2026, reflecting a historic shift in US equity markets. Since the launch of ChatGPT, AI-linked companies have surged from nearly 25% to 45% of the index, driven by strong demand for AI chips, cloud computing, and hyperscaler growth. This rise shows how AI stocks dominate S&P 500 market cap as Microsoft, Nvidia, Amazon, Alphabet, and Meta lead earnings expansion across Wall S

Millions of Americans could soon face social media bans. California is moving to prohibit children under 16 from using platforms like TikTok and Instagram. This legislation targets features deemed addictive. Other states, including Massachusetts, are exploring similar measures. Former President Donald Trump has also shown interest in a national ban.

While imposing a penalty on Bandhan Bank, the RBI said the bank failed to carry out periodic review of risk categorisation of certain categories of accounts, and had sanctioned director-related loans.

Affirmations wont remove every nerve. But they will remind you of something important: you are capable of this moment. So when the time comes, take a breath. Trust your feelings. And speak from the place that brought you here.

Israel PM Benjamin Netanyahu cancer treatment: 76-year-old Prime Minister underwent surgery at medical center in Jerusalem.

During a vibrant Indian wedding procession, a groom halted his baraat to assist a stranger whose motorbike had broken down. The man was struggling to get his ailing mother to the hospital. The groom, in his wedding attire, selflessly fixed the bike, earning widespread praise for his remarkable compassion and humanity amidst his own joyous celebration.

Platinum vs palladium investment guide 2026: Both these metals, crucial for industrial and clean-energy sectors, are driven by supply disruptions and manufacturing trends rather than safe-haven demand. Palladium exhibits higher volatility due to its reliance on gasoline engines, while platinum offers a more balanced demand profile with broader applications, making them tactical investment plays.

African proverb of the day: Ancient African saying highlights timeless wisdom about values, identity, and inner strength. The proverb, If you dont stand for something, you will fall for something teaches that without clear beliefs, people can easily be influenced or lose direction in life. This proverb emphasizes the importance of having strong principles, making conscious decisions, and staying true to oneself in a world full of pressure and distraction. It reminds us that purpose and self-awar

Iran's Foreign Minister Abbas Araghchi is visiting Pakistan for talks on regional developments and a ceasefire. Pakistan is mediating between Iran and the United States for renewed negotiations. The ongoing conflict has disrupted vital energy shipments through the Strait of Hormuz. The United States has extended a waiver for oil transport, impacting global prices.

India's ultra-luxury housing boom is elevating building hardware from a functional necessity to a critical design element. Developers and homeowners now demand sophisticated craftsmanship and global quality standards, pushing manufacturers towards better processes and tighter quality control. Architects are increasingly leading hardware selection, driving a gradual shift towards more organized players and international collaborations.

Actis is selling its Indian renewable energy firm BluPine Energy. The company has a capacity of 4 gigawatts. Standard Chartered Bank is advising on the sale. The price tag is $2 billion. This follows Actis's previous successful sales of renewable energy platforms in India. Deal activity in the sector remains steady as investors seek exits.