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Indian travelers face a 15% rejection rate for Schengen visas, costing ₹136 crore in 2024. France leads in denials, while Bulgaria offers the highest approval rate at 132.87%. Choosing the right embassy can mitigate the risk of refusal.
Oil prices experienced significant volatility, ultimately closing higher for the week despite early gains being relinquished. Traders are closely watching potential peace talks between the U.S. and Iran, which could ease supply concerns. However, ongoing disruptions in the Strait of Hormuz continue to fuel fears of renewed military escalation and higher prices.
European stocks saw a significant weekly drop Friday. Investors are concerned about growth and inflation due to Middle East conflict disrupting energy supplies. The STOXX 600 index fell, marking a two-week low and ending a four-week gain streak. Most regional markets also declined. Technology stocks saw gains, boosted by SAP's strong performance. Healthcare and financials lost ground.
Indian markets saw a positive trend as US indices, S&P 500 and Nasdaq, hit record highs. Intel shares surged, driving semiconductor stocks higher. Hopes for peace talks between the US and Iran also fueled optimism. Investors are now keenly awaiting the Federal Reserve meeting for clues on interest rates. Strong corporate earnings are supporting the market.
Jane Street, a leading market maker, achieved a record $39.6 billion in net trading revenue last year, surpassing rivals like Citadel Securities and Hudson River Trading. This surge was fueled by market volatility and a significant boost from its investments in private startups, including AI firm Anthropic.
Indian markets brace for a crucial week. Major tech giants like Microsoft and Alphabet report earnings. Investors watch for clues on artificial intelligence spending. The U.S. Federal Reserve meets, with potential changes at its helm. Economic growth and inflation data will also be released. Geopolitical tensions in the Middle East remain a key concern for asset prices.
In a groundbreaking initiative, the Securities and Exchange Board of India is set to revamp the variable net worth calculation method for stockbrokers. This reform is designed to align capital adequacy with the actual risks of their operations and the size of their client pool.
Japanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into its Indian arm, SMFG India Credit. This follows a significant ₹3,000 crore infusion in December 2024. SMFG India Credit's assets under management reached ₹64,100 crore by December 2025. The group also increased its stake in Yes Bank to 24.2% in September 2025.
The Securities and Exchange Board of India has unveiled plans to revamp broker regulations. Designed to refine the management of partially paid securities, the suggested reforms include tighter payment deadlines and a swifter process for retrieving pledged investments. This strategic shift aims to elevate market liquidity and lessen prolonged delays for investors while allowing for flexibility in certain challenging scenarios.
The Securities and Exchange Board of India (SEBI) has unveiled plans to overhaul how stockbrokers assess their capital. This innovative strategy will tie capital requirements directly to business risks and client engagement. By fostering a more nuanced, risk-oriented framework, SEBI hopes to ensure that the capital accurately mirrors the broker’s operational scale.
India’s Nifty IT index plunged 10% in a week, marking its steepest fall since March 2020, as weak Q4 earnings and cautious guidance triggered heavy selling. Analysts warn of further downside, with FIIs exiting and technical indicators weakening, even as some see long-term opportunities in mid-cap IT stocks.
Indian stock markets closed the week with losses. Optimism for a US-Iran truce faded, impacting investor sentiment. Crude oil prices saw a significant spike. IT companies also reported lower-than-expected earnings. Foreign portfolio investors sold shares heavily. Analysts advise caution and gradual investment as markets face hurdles.
JP Morgan has downgraded India to neutral. Elevated valuations and earnings risks are cited. HSBC also downgraded India. Inflationary pressures and demand concerns may impact growth. India's historical premium is facing challenges. Other emerging markets offer cheaper entry points for similar growth.

A US Army Special Forces soldier has been granted bond after allegedly using classified intel about the Maduro raid to win $400,000 on Polymarket, and was blocked by Kalshi.


Delhi is on a yellow alert for a heatwave today. Heatwave conditions will also affect Punjab, Haryana, and Chandigarh, but rain is expected to reduce temperatures starting April 26.



US Iran War LIVE: The Donald Trump administration has announced fresh economic sanctions targeting a major China-based oil refinery along with around 40 shipping firms and tankers linked to the transport of Iranian oil.


A 56-year-old woman from the UK has died at an assisted dying clinic in Switzerland, according to news report. She had earlier spoken about struggling with grief following the death of her son.
The S&P 500 and Nasdaq reached record highs Friday, fueled by optimism for U.S.-Iran peace talks and a surge in Intel shares. Semiconductor stocks continued their rally, with Intel hitting a record. Attention now shifts to the upcoming Federal Reserve meeting for clues on interest rate cuts.

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