📌 Daily Business Briefs (28 April 2026)

• India–New Zealand signed an FTA covering 95% of goods, aiming for predictable, rule-based trade and boosting bilateral flows 🌍🤝

• India’s fertiliser subsidy bill may rise ~20% amid the West Asia crisis, increasing fiscal pressure 🌾📊

• Heatwaves, a weak monsoon and elevated oil prices could push India’s inflation higher in FY27 🌡️⚠️

• Energy security is expected to drive a multi-year capex cycle in India, according to 360 ONE 💹

• Passenger vehicle growth is likely to slow to 4–6% in FY27 due to a high base and macro risks, though UVs will remain key demand drivers 🚗📉

• EV fleet registrations fell 25%, reflecting shifting demand dynamics, while Tata Motors continues to lead the entry segment ⚡📊

• Amazon plans to expand “Amazon Now” to 100 cities with 1,000 micro-fulfilment centres, strengthening quick-commerce infrastructure 📦📈

• Sun Pharma will acquire US-based Organon for $11.75 billion, marking one of the largest overseas deals by an Indian pharma firm 💊📈

• Indian airlines have flagged viability concerns due to high ATF prices and widening domestic–international cost gaps ✈️⚠️

• Core IT services revenues may shrink as AI-driven pricing models disrupt traditional outsourcing, pushing firms toward outcome-based deals 💻📉

• China has blocked Meta’s acquisition of Manus, reflecting tightening regulatory scrutiny on Big Tech deals 🌏⚖️

• Iran’s foreign minister visited Pakistan amid ongoing regional tensions, signalling continued geopolitical engagement 🌍

• CERT-In has issued advisories on disruptions linked to AI systems like Claude and Mythos, urging companies to strengthen cyber preparedness 🔐🤖