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A man in India bought a high‑end GPU from Amazon for ₹3 lakh but received a pack of detergent instead. He claims this shows massive fraud inside Amazon’s system. The company says it will investigate and fix the mistake. The incident has sparked public outrage and raised questions about online order safety.
The Sensex rose 508 points to 74,616.58, and the Nifty50 gained 155 points to 23,123.65, marking four straight days of gains. Wipro, Hindalco, TCS, and HCLTech led the rally. MidCaps rose slightly, SmallCaps fell. IT, Realty, and Metal sectors gained, while PSU Banks dropped. Investors await RBI policy update.
The Bharat Coking Coal Ltd (BCCL) IPO received a record 90 lakh applications, the most ever for a government company issue in India. The ₹1,071 crore offer was hugely oversubscribed, showing strong investor interest across retail and institutional buyers. This made it a historic success in the 2026 IPO market.
The Indian government has doubled the daily supply of 5 kg LPG cylinders for migrant workers in every state to help them get cooking gas more easily. These small cylinders can be bought with just an ID card and will be shared through state supply departments and oil companies to support migrants and workers.
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, April 7, 2026. The Sensex started trading today at 73455.11, down at 651.74 points or 0.88%, and the Nifty was at 22777.35, down at 190.90 points or 0.83%. Meanwhile, the Indian rupee was trading today at 92.98 against the dollar.
Gold prices rose over 1% to around Rs 1.51 lakh per 10 grams in futures trade, driven by geopolitical tensions in West Asia. On MCX, rates gained over Rs 1,600. Global prices also climbed. Despite volatility and earlier declines, investors are closely tracking inflation, interest rates, and ongoing conflicts for market direction.
The Reserve Bank’s six-member MPC, led by Governor Sanjay Malhotra, began its three-day review of India’s first bi-monthly monetary policy. Amid surging crude prices, rupee depreciation, and West Asia tensions, experts expect a status quo on rates. Retail inflation rose to 3.21% in February, while global volatility drives cautious RBI guidance.
Punjab National Bank has warned customers that inactive, zero-balance accounts may be closed after April 15, 2026. Accounts with no transactions for years and incomplete KYC are at risk. Customers must update KYC details and make at least one transaction to keep accounts active and avoid closure under RBI rules.
India’s GDP is expected to grow 6.7% in FY27 despite global uncertainties, including West Asia tensions. CareEdge Ratings notes strong macro fundamentals supporting steady growth, with inflation at 4.5-4.7%. Higher crude prices may affect fiscal balance, bond yields (6.8-6.9%), and widen the current account deficit to 2.1% of GDP, though impacts remain manageable.
The Sensex and Nifty rose for the third day, boosted by hopes of a US‑Iran ceasefire. Nifty50 gained 255 points to 22,968, Sensex up 787 points to 74,107. Trent, SBI Life, Titan led gains. MidCap and SmallCap rose. Construction and PSU banks outperformed, while Oil & Gas lagged.
The Sensex and Nifty opened at fresh record levels in early trade on Monday, April 6, 2026. The Sensex started trading today at 73053.08, down at 266.47 points or 0.36%, and the Nifty was at 22641.30, down at 71.80 points or 0.32%. Meanwhile, the Indian rupee was trading today at 92.90 against the dollar.
Indian domestic stock markets are focused today on key performers expected to drive trading activity. Banking stocks like SBI, HDFC Bank, Axis Bank, IndusInd Bank, and PNB are under scrutiny, alongside top corporates including Bajaj Auto, Tata Motors, Granules India, Adani Power, NLC India, Wipro, Infosys, HCL, and Ola Electric for key market movements.
Sales of small 5‑kg LPG cylinders have surged to about 6.6 lakh since March 23 as the government increases supplies to meet demand. These FTL cylinders, sold at market rates without address proof, help ease pressure amid supply concerns. Authorities reported no shortages, intensified action against hoarding, and stressed stable deliveries to households and essential services.
The Centre has announced an increase in the Dearness Allowance (DA) for government employees and pensioners, boosting take‑home pay and pensions from April 1, 2026. The hike aims to offset rising inflation and improve living costs. Salaries and pensions will rise proportionately based on the new DA rate, providing financial relief for millions across India.
A credit score generally doesn’t affect eligibility for bank jobs, but background checks may consider financial behaviour for roles involving cash handling or sensitive data. Lenders focus on creditworthiness, while employers look at integrity and stability. Poor credit won’t disqualify candidates, but maintaining good financial health supports reliability.