The Budget has announced a change in the tax treatment of sovereign gold bonds (SGBs), stating that only primary subscribers who hold the bonds till maturity will be eligible for tax exemption. This change will be applicable retrospectively from April 2026 and may affect the liquidity and market premiums of SGBs, which are popular for their 2.5% interest rate and tax benefits.
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.
The ongoing crisis in West Asia and global uncertainty have caused a decrease in demand for non-essential products in India, particularly in urban markets. However, there has been an increase in spending on essential categories like food. Consumer sentiment is expected to be further affected by the conflict, but rural demand remains strong due to government programs.
NHAI's IPO for RIIT aims to raise Rs 6,000 crore, with 75% reserved for institutional investors and the rest for retail investors. RIIT plans to acquire five highway stretches and distribute 90% of toll collection income to unitholders. NHAI also plans to monetize more assets through InvITs.
Skoda Auto India sees a rise in automatic car sales, driven by first-time buyers in Tier-2 and Tier-3 cities. The Kylaq SUV's success, with 60% choosing automatic variants, showcases the growing demand for convenience in the entry-premium segment. Skoda's strong sales and expansion in smaller cities reflect the impact of first-time buyers on their evolving market.
Hyundai Motor India has released the updated Verna, priced at Rs10.98 lakh, featuring minor design changes, improved ADAS technology, and two petrol engines. Despite a decrease in mid-size sedan sales due to SUVs, the Verna faces competition from four other models. The segment's decline is attributed to the lack of new releases and updates, but the Verna's refresh may aid in stabilizing sales.
In February, the life insurance industry experienced an 18% increase in new business premiums, largely due to GST exemptions. LIC led the way with a 25% rise in first-year premiums, while private insurers saw a 12% increase. SBI Life Insurance and Axis Max Life also saw growth, but HDFC Life Insurance saw a decline. Overall, 2.38 million policies were sold, showcasing the industry's high growth.
Priyanka Chopra Jonas, a renowned global figure, proudly embraces her Indian roots and impressed her Indian fans with her appearance on Joe Rogan's podcast. She highlighted the advanced technical skills of ancient Indian artisans, seen in structures like the Kailasa Temple. The conversation also touched upon the impact of colonialism and the loss of indigenous knowledge in India.
Sergey Brin, co-founder of Google, recently bought a $51 million estate in Miami, joining other tech billionaires relocating to Florida. His real estate portfolio also includes properties in Malibu and Lake Tahoe. With a net worth of $230 billion, Brin manages his assets through his private family office, as he distances himself from Silicon Valley.
In 2026, Suryakumar Yadav led the Indian cricket team to victory in the T20 World Cup, completing a decade-long narrative arc. After facing a crushing defeat in the 2023 ODI World Cup in Ahmedabad, the team went on a three-year journey of redemption, winning the T20 World Cup, Women's ODI World Cup, and U-19 World Cup. Finally, in 2026, they lifted the T20 World Cup trophy at the same venue.
Gautam Gambhir, the head coach of the Indian men's cricket team, praised the team's T20 World Cup 2026 win as a reflection of the plan of 1.4 billion Indians. Under Suryakumar Yadav's captaincy, India successfully defended their title by defeating New Zealand by 96 runs in the final.
Indian men's cricket team celebrated their T20 World Cup 2026 victory on social media. Led by Suryakumar Yadav, India defeated New Zealand by 96 runs in the final at Ahmedabad's Narendra Modi Stadium. This was India's third T20 World Cup title, making them the first team to win it three times, and the first team to win it back-to-back.