Anthropic has appointed Indian-origin physician-scientist Vas Narasimhan to its Board of Directors. Narasimhan is the CEO of Novartis, an "innovative medicines company" and "shares Anthropic's conviction that healthcare and life sciences are among the areas where AI has the greatest potential", the AI company said. "Vas brings more than two decades of experience in medicine," Anthropic added.

Paytm-parent One 97 Communications has become a majority Indian-owned and controlled company after domestic investors increased their stake to 50.3% as of March-end 2026, according to regulatory filings. Mutual funds led the increase, with their holdings climbing to 16.6% from 14.3% in the previous quarter, while the number of funds investing in the company rose to 41 from 36.

OpenAI is working on a new safety feature that will allow ChatGPT users to add a trusted contact who can be notified if the chatbot detects signs of mental distress, as per reports. The exact triggers that would prompt such notifications haven't been revealed yet. This comes as ChatGPT faced criticisms alleging that its interactions contributed to worsening mental health.

The IMF on Tuesday explained how Middle East war will impact the global economy, stating that low-income and developing economies, especially those with limited oil buffers, are likely to be hit hardest. Gulf energy exporters will face economic fallout from damaged infrastructure, production disruptions, export constraints, and weaker tourism activity. North Africa will be among the hardest hit.

Canadian PM Mark Carney on Tuesday announced a suspension of the federal excise tax on gasoline and diesel from April 20 to September 7. The measure is expected to reduce the cost of regular gasoline by 10 cents per litre and diesel by four cents per litre, he stated. Fuel costs have risen globally amid Middle East tensions.

Amazon has announced a deal to acquire satellite company Globalstar, known for powering Apple's 'Emergency SOS' feature on iPhones, for $11.57 billion. The deal will enable Amazon Leo, a rival of Elon Musk's satellite internet service Starlink, to add direct-to-device services to its low Earth orbit satellite network. Amazon Leo is expected to launch its services in mid-2026.

Iran has diversified its economy over the years despite sanctions by strengthening its non-oil exports. Iran's exports include cement and sheep to Kuwait, saffron to Spain, and packaging material to Bulgaria, Kazakhstan and Uzbekistan. To deal with sanctions on its imports, Iran has developed extensive production capacities for automobiles, steel, iron, electronics, pharma and food products.

The International Monetary Fund (IMF) raised its forecast for India's economic growth in FY27 to 6.5%, up from 6.4% estimated in January. Strong carryover momentum from FY26 and the decline in additional US tariffs on Indian goods outweigh the adverse impact of the Middle East conflict, it said. It further estimated growth to hold steady at 6.5% in FY28.

Crude oil prices averaging $130/barrel could slow India’s FY27 GDP growth by about 0.8 percentage points, according to S&P Global Ratings. It added India's GDP growth could fall from its base-case estimate of 7.1% for FY27 if rising oil prices and supply disruptions persist amid West Asia war. Its base case assumes Strait of Hormuz disruption to ease during April.

Rushabh Doshi, an Hiro Finance's Indian-origin Co-Founder, is joining OpenAI after the ChatGPT maker announced the AI-powered financial planning startup's acquisition. Starting as a Software Engineer at Microsoft in 2003, he joined automated savings app Digit as CTO in 2020 and helped transform it into a comprehensive financial platform. In 2024, he co-founded Hiro Finance along with Ethan Bloch.