Power Finance Corporation and Rural Electrification Corporation are merging following the government's decision to restructure public sector NBFCs. PFC has acquired the government's stake in REC and the two companies will now operate as holding and subsidiary companies. The merger was proposed by Finance Minister Nirmala Sitharaman to improve efficiency and scale up operations.
Britney Spears was arrested for DUI and released the next day after undergoing a blood test and being booked into jail. Concerns have been raised about her well-being and newfound financial independence. However, her mugshot will not be released as she is not considered a threat to the public.
Federal prosecutors have accused a Dallas-area visa consulting operation of submitting fraudulent immigration filings for several years. The case, United States v. Murshid et al., involves two men and two business entities allegedly running a long-running scheme to cheat the US immigration system, Dallas Express reported.
InterGlobe Aviation's CEO Pieter Elbers has stepped down, with MD Rahul Bhatia assuming operations. The airline has been struggling with flight disruptions and rising crude oil prices, resulting in a hefty fine from the aviation regulator. Elbers, who took over in 2022, faced criticism after a major crisis in December. The company's performance has also been impacted by the Middle East crisis.
18-year-old media personality and YouTuber Kai Trump, granddaughter of US President Trump, recently splurged on expensive supplements and groceries at a store in Los Angeles, more than 3000 km away from her Florida estate. With over 14 lakh subscribers, Kai's vlog sparked backlash for her use of Secret Service and extravagant spending. Netizens criticised her for mocking American taxpayers.
NASA's Van Allen Probe A, launched 14 years ago, is set to re-enter Earth's atmosphere on March 10. The US Space Force predicts it will mostly burn up, but some components may survive. Its twin spacecraft won't re-enter until 2030. The probes gathered data on Earth's radiation belts, important for protecting humans and technology. The mission ended in 2019 after 7 years of data collection.
US President Donald Trump on Tuesday announced the opening of an oil refinery in Brownsville, Texas, thanking Indian energy giant Reliance Industries for investing in the project.
US and UAE are key markets for healthtech startups due to faster adoption cycles and willingness to pay for technology-led healthcare products. Practo, Dozee, HealthPlix, Docstribe AI, and Respyr are expanding in these regions. Indian startups are building globally competitive products and tapping diaspora networks for early adoption.
Fortune teller predicted ENHYPEN's future before debut, resurfaced video shows her foreseeing a "change of numbers" in the group. Fans were shocked when eldest member Heeseung announced his departure for a solo career, making the prediction come true. The fortune teller also predicted individual success for Heeseung. Fans are now reexamining the video and its accuracy after Heeseung's exit.
A prolonged conflict in West Asia could potentially disrupt urea and phosphatic fertilizer supplies, causing a negative impact on India's agricultural output. However, for the next month, there is expected to be enough supply due to the 'agricultural lean' season.
Indian rupee rebounds to 91.80 against the dollar, making it the fourth-best performing Asian currency. Crude oil prices eased to $91.50 per barrel after Trump hinted at ending the war earlier. Year-to-date depreciation falls to 7.42%, but pressure remains due to high oil prices. Dealers expect the currency to trade at 92-92.5 by March-end.
The Centre has proposed a Rs 1 lakh crore Economic Stabilisation Fund (ESF) to mitigate the impact of sudden economic shocks, with an additional allocation of Rs 23,641 crore for food and Rs 19,230 crore for fertiliser subsidies.
Emami Agrotech, an unlisted company with an estimated turnover of Rs 20,000 crore, is targeting a revenue of Rs 2,000 crore from the HoReCa segment within the next two to three years. To achieve this, the company has created a dedicated food services vertical and launched a new sub-brand, For Chef, under its Healthy & Tasty brand.
Recent political tensions in West Asia and concerns over inflation have caused a significant increase in OIS rates in India. The one-year OIS rose by 24 bps to 5.72% and the five-year OIS jumped by 28 bps to 6.27% in March. This increase is also attributed to rising oil prices and expectations of interest rate hikes. The RBI's intervention in secondary markets has helped stabilize G-Secs rates.
IndiGo's CEO, Pieter Elbers, has stepped down for personal reasons. Rahul Bhatia will take over as interim CEO until a replacement is found. Under Elbers' leadership, the airline saw growth in fleet and international network, as well as partnerships with global carriers. Elbers expressed gratitude and will assist with the transition.
The rise in global aluminium prices caused by supply issues in the Middle East has brought temporary benefits to Indian primary producers, but could lead to long-term difficulties. With the region contributing 8-9% of global production, Indian companies like Nalco, Hindalco, and Vedanta are vulnerable due to their dependence on imports from the US and Middle East.
K-pop fans were stunned by Heeseung's sudden departure from ENHYPEN, drawing parallels to Zayn Malik's exit from One Direction 11 years ago. Both main vocalists left their groups at 22/24 to pursue solo careers, sparking speculation and conspiracy theories. Despite their departures, fans are still hopeful for a reunion in the future as both groups were formed on survival shows.
The Canadian government department Immigration, Refugees and Citizenship Canada (IRCC) has announced that it is making the path for permanent residence "simpler" for international medical doctors to support a "stable health care system" for Canadians. This is in response to the ongoing shortage of doctors in Canada, which has resulted in long wait times for medical procedures and surgeries.
Innovision's IPO raised Rs 322.84 crores with a price band of Rs 521-548 per share. The company has 35 offices in India and operates in 23 states and 5 union territories. Allotment will be on March 13, and listing on March 17. Emkay Global Financial Services is the lead manager, and KFIN Technologies is involved.
Happiest Minds Technologies, an IT firm, has raised its revenue growth outlook for FY27 to 12.5% due to strong momentum from its AI-led strategy and growing demand across sectors. The company's share price surged 17.85% on Tuesday. It also aims for 15% growth in FY28. The company has launched an AI First initiative, reorganizing its model, delivery, and engagement around AI.
Dixon Technologies India's joint venture with HKC Overseas has been approved by the government to manufacture display modules in India. The news has led to a 6% increase in share price and Nomura predicts a potential upside of 50%. The venture is expected to boost margins and value addition for Dixon through significant investment and production.
Even if the ongoing US-Israeli war with Iran stopped today, the global oil market would not bounce back overnight. According to a recent Wall Street Journal report citing oil market analyst Anas Alhajji, it could take weeks for shipping to stabilise and months for oil production to return to normal.
Heeseung, the eldest member of K-pop group ENHYPEN, has announced his departure from the group to pursue a solo career. The news, released by HYBE Labels, came as a shock to fans. Heeseung expressed gratitude to his fellow members and shared a heartfelt letter explaining his decision. No further details have been revealed.
The shipping sector regulator has advised companies to avoid predatory pricing practices due to the spike in costs caused by the West Asia conflict. The Directorate General of Shipping has also asked for clear communication of charges to exporters and importers. The government is looking to extend help to exporters through insurance support and other schemes.
AI-powered ATS has become the first gatekeeper for resumes, with 40% of hiring managers solely relying on it. To increase your chances of getting through, make sure your resume meets the minimum requirements and aligns with the job description. Common reasons for rejection include missing skills, unclear work history, and AI-heavy content.
For the first time in its history, the US Small Business Administration (SBA) has blocked immigrant entrepreneurs from getting loans. Legal residents, or green card holders, are now ineligible for SBA-backed loans.
35-year-old Ivanna Lisette Ortiz was arrested for shooting at Rihanna and A$AP Rocky's $14 million home in LA. Old mug shots of Ortiz have surfaced, confirming her criminal history. She was charged with attempted murder and her bail set at over $10 million. 10 shots were fired at the celebrity couple's house and Ortiz was arrested at a nearby shopping center. Rihanna was home during the shooting.
Axis Securities predicts that Voltas will do better than the market and has the potential to increase by 10%. This is due to early summer, increased market share, and high demand for Voltas Beko. The RAC segment is expected to grow as the company expands its network and improves channel readiness. Price hikes and a wider product range will also contribute to its success in the medium term.
Varun and Ghazal Alagh, the founders of MamaEarth, opened the doors to their Delhi home. The luxurious house is a reflection of their journey to success, with personal touches and imperfections adding warmth and charm. From Ghazal's love for art to Varun's bartending skills, their home is a true representation of their journey and values.
The global energy scene is currently a tinderbox. With the war in Iran raging and the Strait of Hormuz effectively closed, Brent crude has been on a wild ride, recently breaching the $119 mark before settling into a high-voltage holding pattern.
A dance video by Indian-origin techie Madhu Raju at a war memorial in Washington, DC caused backlash and resulted in him deleting his social media accounts. His status as an H-1B visa holder fueled the outrage, with a Texan woman amplifying the video and calling for his deportation. An anti-H-1B visa user also joined, claiming credit for the controversy.
Sundas 'Sunny' Naqvi, a US citizen of South Asian descent, was detained by the Department of Homeland Security at a Chicago airport while travelling to India for work. Despite being a legal resident, she and her coworkers were barred from boarding a flight to India and were detained upon their return from a different route. Conflicting statements from Naqvi's family and the DHS have emerged.
US President Donald Trump said on Monday that he had a “very good call” with Russian President Vladimir Putin.
The conversation focused on the war in Ukraine and tensions in the Middle East involving Iran, Reuters reported.
Rihanna's Los Angeles home in Beverly Hills was targeted in a shooting incident by Ivana Lisette Ortiz, who fired multiple shots from a white Tesla. Ortiz has been arrested on a $10,225,000 bail. This is not the first time Rihanna has experienced a shooting scare, as a man broke into her home in 2018. Ortiz had made concerning social media posts about Rihanna and Cardi B.
The National Stock Exchange (NSE) has included Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart in the Futures & Options (F&O) segment. Trading will begin on April 01, 2026, once eligibility requirements are met. The NSE reviews and adds new stocks on a monthly basis, based on criteria set by SEBI.
Kerala has had a significant role in India's success in various World Cup tournaments, with players like Sunil Valson, S. Sreesanth, and Sanju Samson being part of winning squads. While Valson was a silent presence in the 1983 ODI World Cup, Sreesanth's catch in the 2007 T20 World Cup final was crucial. In the 2026 T20 World Cup, Samson emerged as the Player of the Tournament.
The Securities and Exchange Board of India Chairman, Tuhin Kanta Pandey, believes that India's strong fundamentals are helping to withstand the impact of the Middle East war. Despite market tremors and losses, Pandey urges investors to remain calm and sees this as an opportunity to enter the equity market.
Flipkart, owned by Walmart, has relocated to India from Singapore and plans to go public in FY27. This shows their dedication to the country after a decade of operating overseas. With a gross merchandise value of $30 billion, Flipkart has 500 million customers and 1.6 million sellers. This mirrors a trend of Indian startups returning for domestic listings, with Flipkart being one of the pioneers.
The Indian rupee reached an all-time low of 92.33 against the US dollar due to the increase in oil prices caused by the West Asia war. This resulted in a decline in most Asian currencies, with the rupee being the third worst-performing. The one-year forward premium also rose significantly.
Dixon Technologies (India) has received approval from MeitY for its joint venture with HKC Overseas under Press Note 3 of 2020. The venture, called Dixon Display Technologies (DDTPL), will focus on developing, manufacturing, and distributing display technologies. Dixon will hold a 74% stake while HKC Overseas will own 26%.
The Centre has implemented a 25-day lock-in period for booking LPG cylinders and is sourcing additional LPG from global suppliers to ensure access to cooking gas for domestic households. Refiners are also directed to prioritize LPG production for domestic use, preventing diversion for petrochemical products.
New Zealand's cricket team has a strong track record of reaching finals in major ICC tournaments, but have only won one trophy in the past 11 years. Despite being known as the "good guys" of cricket, their focus on team dynamics and steady tactics has hindered them from claiming the top spot. Can they become consistent winners and break their pattern of being impressive runners-up?
Indian IT companies are being urged by Nasscom to take precautions in the face of growing tensions in West Asia. This includes strengthening contingency plans, reviewing vendor dependencies, and prioritizing workforce safety. Firms are also advised to work with internet service providers and cloud vendors to protect against cyber threats.
The IRFC board has approved raising funds up to Rs 70,000 crore for FY27, considering market conditions and Indian Railways' needs. Various instruments will be used, including ECBs, bonds, loans, and ESG-linked instruments.
Indian stock market and rupee bear brunt of West Asia crisis as Brent crude prices hit $100 per barrel for the first time in 42 months. Sensex and Nifty plummet over 3% but recover to close 1.7% lower. Rupee hits record low against dollar. Market breadth negative with 3,379 losers and 972 gainers.
Indian film industry veterans and current stars are speaking out about the culture of long working hours, sparked by Deepika Padukone's decision to prioritize her health and family. Actress Supriya Pathak supports structured workdays, emphasizing the importance of preparation for quality performances.
British billionaire Joe Lewis sold artworks from his collection at a Sotheby's auction in London, with returns exceeding 3,500 percent on some pieces. The March 4, 2026 sale brought in stability to the global market and showcased Lewis's successful long-term approach to collecting, with his works accounting for a quarter of the total sales.
Tata Motors and Mahindra & Mahindra are offering discounts of up to ₹3.8 lakh and ₹2.4 lakh respectively in a bid to boost electric vehicle sales before the end of the financial year. Despite a rise in EV sales, experts note that the steepest discounts are on high-end models, suggesting intense competition in the growing market.
Ralph Lauren's Fall 2026 women's collection, showcased during Paris Fashion Week, sparked controversy due to its use of accessories that resembled traditional South Asian jewellery without acknowledging their origins. Social media platforms were flooded with criticism, with many accusing the brand of cultural appropriation.
Farm loan waivers, like the recent one in Maharashtra, may harm public sector banks by increasing non-performing loans and undermining credit discipline. Past instances have shown a negative impact on asset quality in the agricultural sector. This has caused a decline in share prices of PSBs.
Higher oil prices due to the Iran war have not had a significant impact on domestic prices, as inflation is near the lower bound of the target. The Indian basket crude rose to $80.16 per barrel due to geopolitical clashes. However, recent inflation trends show a decline, and both monetary and fiscal authorities have taken measures to maintain price stability.