NLC India reported Q4FY26 revenue of ₹5,042 crore, up 31% YoY, while profit attributable to owners surged 189% to ₹1,393 crore. FY26 profit increased 34% to ₹3,522 crore. The board recommended final dividend of ₹0.25 per share, in addition to ₹3.60 interim dividend already paid during FY26.

Hindustan Zinc signed an Memorandum of Understanding (MoU) with Group Nirmal to set up a zinc wire manufacturing facility at Zinc Industrial Park in Rajasthan. The plant will manufacture zinc wire products using special high-grade zinc for thermal spray coating and anti-corrosion applications across infrastructure, railways, ports, pipelines, renewable energy and industrial engineering sectors.

Japanese automaker Honda has reported its first annual loss in nearly 70 years. The company posted an operating loss of around $2.6 billion for FY26, hit by over $9 billion in costs to restructure its electric-vehicle business. Honda, which is Japan's second-largest carmaker, earlier scrapped plans for three EV cars for the US market amid slowing demand and rising costs.

Billionaire Elon Musk, who is on a visit to China along with US President Donald Trump and top American CEOs, attended a state banquet. In a viral video, Musk appeared to be tired of getting photographed with Chinese business leaders. He was seen making funny faces while clicking pictures with Xiaomi CEO Lei Jun and Apple's outgoing CEO Tim Cook.

India Bullion and Jewellery Association (IBJA) has warned that government measures could impact India’s gems and jewellery sector. National Secretary Surendra Mehta said higher import duties on gold and silver, along with weaker demand after Prime Minister Narendra Modi’s appeal to reduce gold purchases, may create financial stress, reduce artisan work and pressure jobs in the industry.

The government has capped duty-free gold imports at 100 kg per licence under the advance authorisation scheme. Under revised norms issued by the Directorate General of Foreign Trade, firms must fulfil at least 50% of export obligations to receive subsequent authorisations. The move comes after the government raised the import duty on gold and silver to 15%.

US authorities are moving to resolve fraud charges against billionaire Gautam Adani, reported Bloomberg. Justice Department may ​reportedly announce the charges will ‌be ⁠dropped this week. The charges stemmed from indictment announced in November 2024, in which Adani and others were accused of participating in bribery scheme involving $265 million in payments to Indian government officials.

Ministry of Power has advised its public sector undertakings to explore the possibility of allowing employees to work from home for one day a week, according to reports. They've been asked to consider allowing around 20% of staff to work from home on any given day. This comes after PM Narendra Modi's appeal for fuel conservation amid global energy crisis.

US President Donald Trump announced China has agreed to buy 200 Boeing jets. Referring to Chinese President Xi Jinping, Trump said, "One thing he agreed to today, he's going to order 200 jets. That's a big thing. Boeings." Boeing hasn't won a major order from China in almost a decade, but the country has been buying from its rival Airbus.

The White House said Chinese President Xi Jinping expressed interest in buying more American oil during his meeting with US President Donald Trump. It stated that Beijing wants to buy US oil to reduce dependence on the Strait of Hormuz, which has been disrupted by the US-Iran war. China has not imported any US oil since May 2025, Reuters reported.