TNI Business News Beat – April 22, 2026

TNI Business News Beat – April 22, 2026

Date:

📌 India growth outlook dims amid global tensions

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Global agencies including UN and Moody’s peg India’s FY27 growth near 6–6.4% as energy shocks and geopolitical risks weigh on momentum.

📌 Crude shock hits India’s energy security

India’s crude imports fall 13% amid Hormuz disruptions, while domestic output push gains urgency during West Asia crisis.

📌 Smartphone market hits six-year low

Rising memory costs and weak demand drag India’s smartphone shipments to their lowest level in six years.

📌 Clean energy surges, but coal still dominates

Renewable energy growth accelerates in India and China, yet coal continues to hold the largest share in power generation.

📌 UltraTech nears global cement leadership

UltraTech Cement crosses 200 MTPA capacity, set to become the world’s largest cement maker outside China.

📌 Drone delivery takes off in India

FedEx completes India’s first intra-city drone delivery trials in Bengaluru, marking a milestone for logistics innovation.

TNI Business News Beat - April 22, 2026

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