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The report attributed this slowdown to seasonal weakness and reduced discretionary spending on digital transformation projects by global clients. It said, «We expect IT services companies within our coverage to report subdued growth during 4QFY25 on seasonal weakness and lower discretionary digital transformation spends.»

chess grandmasters gather under one roof—at a wedding, no less? Naturally, the board is set for celebration, not competition. On April 2, GM Vidit Gujrathi tied the knot with Nidhi Kataria at the picturesque Oxford Golf Resort in Pune, India. Vidit, currently ranked 25th in the world on the live rating list, is one of India’s most prominent chess players, while Nidhi, 28, is a practicing homeopathic doctor. The couple announced their engagement last November, and their wedding has since been one of the most eagerly awaited events in the chess community. However, it was World Champions Viswanathan Anand and Gukesh Dommaraju who took the internet by storm with their moves. A host of grandmasters and top chess players, including 15th World Champion Viswanathan Anand and the newly crowned 18th World Champion Gukesh Dommaraju, brought their energy off the board and onto the dance floor. As seen in the video below, the baraat — Vidit’s celebratory wedding procession — turned into a vibrant celebration where strategy gave way to spirited moves. With a combined Elo that would rival any elite tournament, it was a once-in-a-lifetime gathering of chess royalty in full festive swing.

Modi landed in Colombo last evening after concluding his trip to Bangkok where he attended a summit of the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation). «PM @narendramodiwas welcomed by President @anuradisanayake with a ceremonial reception at the Independence Square in Colombo,» External Affairs Ministry spokesperson Randhir Jaiswal said on 'X'. «Bilateral discussions to foster a partnership for a shared future & mutual prosperity of our people, lie ahead,» he said. Officials said it was the first time a foreign leader was accorded such a welcome at the Independence Square.

Financial services firm Tata Capital has filed preliminary papers for Rs 15,000 crore plus IPO under the confidential pre-filing route with markets regulator Sebi. The mega IPO will comprise both issuance of new shares as well as offloading of stake by Tata Sons, which owns 93% equity stake in Tata Capital. Tata Capital, identified as an upper-layer non-banking finance company (NBFC) by the Reserve Bank of India (RBI), already received its board approval to float the IPO which may comprise 2.3 crore equity shares by way of a fresh issue and an offer of sale (OFS) by certain existing shareholders, according to a disclosure made to stock exchanges earlier.

These negotiations come just days after the US imposed a series of new tariffs affecting several nations, including a levy of 26% on India. According to Reuters, US Secretary of State Marco Rubio discussed the levies with Israeli Prime Minister Benjamin Netanyahu. A State Department readout of their meeting confirmed that the tariff discussions are part of a broader diplomatic effort. The talks are centered on a relatively small subset of the countries impacted by the new tariffs, with both parties looking to strike deals. This is seen as the first phase of a larger set of negotiations, as countries begin to assess their next steps and responses to the tariff changes. On Friday, Vietnam, which is facing a 46% tariff on its exports to the US, announced that it intends to reduce its tariffs on US goods to zero, pending an agreement with the US.

Indian Union Muslim League has expressed dissatisfaction over Wayanad MP and Congress leader Priyanka Gandhi's absence during the discussion of the Waqf Amendment Bill in Parliament. Suprabhatham, the mouthpiece of Samastha Kerala Jem-iyyathul Ulama, criticised Priyanka Gandhi for not attending the session while the bill was being debated in the Lok Sabha on Wednesday. The editorial, published on April 4, called her absence a «Black Mark» and also raised questions about where Priyanka Gandhi was when the BJP was advancing the bill, which they believe undermines the fundamental rights of Muslims. Additionally, it questioned why the opposition leader, Rahul Gandhi, did not speak on the bill, which they claim affects the nation's unity. The editorial further acknowledged the opposition parties, including Congress, TMC, and Left, for their collective stand against the bill in Parliament under the INDIA alliance.

Lucknow Super Giants (LSG) captain Rishabh Pant and bowler Digvesh Singh have both been penalised following LSG’s IPL 2025 match against Mumbai Indians (MI) on Friday at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow. Pant has been fined INR 12 lakh for his team’s slow over-rate during the match, marking his first offence under the IPL’s Code of Conduct. According to Article 2.22 of the Code, which deals with minimum over-rate offences, captains are held responsible when their teams fail to bowl their allotted overs within the prescribed time limit. Additionally, Digvesh Singh has been fined 50% of his match fee for breaching the IPL Code of Conduct. This fine follows his second Level 1 offence under Article 2.5 this season. Singh had previously accumulated one demerit point in LSG’s match against Punjab Kings on April 1, 2025, bringing his total to two demerit points after this latest breach. For both players, the decisions made by the Match Referee are final and binding as per IPL regulations.

recession — a threat that could hit India where it hurts most: its tech-driven cities. As American companies rein in spending, Indian IT firms are grappling with slower project cycles and shrinking revenues. The impact is already visible, with the Nifty IT index plunging 9% this week — its biggest weekly drop in five years — sparking concerns that a downturn in the US could derail the ongoing recovery in technology spending. Experts warn that India cannot remain immune to global economic shocks. Chartered accountant Paaras Gangwal highlighted on X (formerly Twitter) that a US recession may trigger a domino effect, especially in IT hubs like Bengaluru and Pune. He pointed out that the real estate boom in these cities has been fuelled by IT growth, making them vulnerable to global tech disruptions. In a post on X (formerly Twitter), CA Paaras Gangwal wrote, “Bangalore, Pune Real Estate Market is linked with IT Sector. It is HOT because boom in the IT Sector in last 3-4 Year. Recession in USA may impact the Real Estate market of IT Cities too.”

Donald Trump’s tariff tantrums on April 2, are now nursing their wounds. The Nifty Pharma index tumbled 4% on Friday, slamming the brakes on a relief rally that lasted less than 24 hours. Investors who had rushed into stocks like Laurus Labs, Aurobindo Pharma, Lupin, Biocon, Gland Pharma and Cipla watched them fall between 5% and 7% in a single session. The shock came courtesy of Trump’s chilling declaration: Pharma tariffs are “going to be starting to come in… at a level that you haven't really seen before.” The announcement, he said, is “under review right now” and will be made “in the near future.”

Subscribe to enjoy similar stories. Royal Enfield, maker of the iconic Bullet motorcycles, needed 15 years to grow its share of India’s two-wheeler market from negligible to 5%. Electric two-wheeler makers in India achieved that in 4 years.

IIM Shillong celebrated its 16th Annual Convocation Friday. The ceremony witnessed the conferment of degrees upon 475 graduating students, including 381 from the Post Graduate Programme (PGP) 2023–25 batch. Around 54 from the Post Graduate Programme for Executives (PGPEx) 2024–25 batch, and 35 from the Post Graduate Programme for Working Executives (PGPWE) 2023–25 batch. In addition, five scholars were awarded the Doctor of Philosophy (PhD) degree. Shishir Kumar Bajoria, Chairman of the Board of Governors, IIM Shillong, extended his heartfelt congratulations to the graduating students and their families.

Sri Lankan President Anura Kumara Dissanayake greeted him at the venue, marking the start of a packed diplomatic schedule. Earlier in the day, PM Modi was warmly welcomed at his hotel, where he was seen shaking hands with members of the Indian diaspora and witnessing a puppet show performed in his honour. The vibrant reception reflected the strong cultural and people-to-people ties between the two countries. PM Modi's arrival in Colombo came after his visit to Thailand, where he held a bilateral meeting with Thai Prime Minister Paetongtarn Shinawatra and attended the BIMSTEC Summit. On the sidelines, he engaged in further bilateral discussions, laying the groundwork for this leg of his regional outreach. Despite rainy weather, six senior Sri Lankan ministers personally received PM Modi at the airport. The delegation included Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath; Minister of Health and Mass Media Nalinda Jayatissa; Minister of Labour Anil Jayantha; Minister of Fisheries Ramalingam Chandrasekar; Minister of Women and Child Affairs Saroja Savithri Paulraj; and Minister of Science and Technology Chrishantha Abeysena.

death toll from Myanmar's devastating earthquake climbed to 3,354, with 4,850 injured and 220 missing, state media said on Saturday, as the visiting U.N. aid chief praised humanitarian and community groups for leading the aid response. The leader of the military government, Senior General Min Aung Hlaing, was back in the capital Naypyitaw after a rare foreign trip to attend a summit in Bangkok of South and Southeast Asian nations, where he also met separately with the leaders of Thailand, Nepal, Bhutan, Sri Lanka and India. Min Aung Hlaing reaffirmed to Indian Prime Minister Narendra Modi the junta's plans to hold «free and fair» elections in December, Myanmar state media said. Modi called for a post-quake ceasefire in Myanmar's civil war to be made permanent, and said the elections needed to be «inclusive and credible», an Indian foreign affairs spokesperson said on Friday. Critics have derided the planned election as a sham to keep the generals in power through proxies.

Rashmika Mandanna, one of India's most adored actresses, turned 29 today and took to Instagram to share sun-soaked photos from her trip to Salalah, Oman. While fans couldn’t stop gushing over her radiant snaps, there was one person who wasn’t exactly thrilled — her fitness trainer. In the photos, Rashmika is seen enjoying a serene moment at a table loaded with delicious food, dressed in a chic sleeveless black tank top paired with denim jeans and a wide-brimmed hat. Flashing her trademark smile and signature heart-fingers gesture, the actress looks every bit the happy traveler soaking in Salalah’s beauty. But not everyone is pleased with her indulgence. In the caption, Rashmika cheekily wrote, “Good food + full almost exploding happy tummy = angry Junaid Shaikh and Sagar (my trainers). I read this somewhere. Salalah — land of sun, sand and smiles. How cute it sounds!”

Donald Trump altering global trade structures. India bore some of the pain with higher-than-anticipated tariffs. The broader market showed a mixed trend with 23 smallcap stocks falling in double-digits. But at the same time 54 of them saw double-digit gains. On the losers side, Pokarna, Garware Hi-Tech Films and Avanti Feeds fell up 34% during the week. On the other hand, NACL Industries, Valiant Organics, Hester Biosciences rose up to 42%.

Arun Chaudhry, Director & Chief Business Officer at m.Stock, everything. In this candid conversation for Mind Over Money with Kshitij Anand, Chaudhry opens up about the discipline he has cultivated over nearly a decade through consistent fitness—discipline that now defines his leadership, decision-making, and long-term market strategy.

Rockland, a town near Ottawa, prompting action by local authorities who have arrested a suspect in connection with the incident. The High Commission of India in Ottawa confirmed the death on Saturday and said it is closely working with Canadian authorities and community groups to assist the family of the deceased. In a statement issued on social media platform X, the Indian mission said, “We are deeply saddened by the tragic death of an Indian national in Rockland near Ottawa, due to stabbing. Police has stated a suspect has been taken into custody. We are in close contact through a local community association to provide all possible assistance to the bereaved kin."

trade tariffs, industrialist Anand Mahindra believes India is being overlooked — and that could be a big mistake. On Wednesday, U.S. President Donald Trump announced sweeping reciprocal tariffs on global trade partners, including a 34% duty on Chinese goods. In response, China hit back with a 34% tariff on all imports from the U.S., escalating fears of a prolonged trade war. While the spotlight has largely remained on China, the U.S. also slapped a 26% reciprocal tariff on Indian goods, citing high import duties imposed by New Delhi. Amid this global shake-up, Mahindra sees an opening for India. Taking to X, the Mahindra Group Chairman said that while most global forums are focused on how China may benefit or retaliate, India remains a “non-topic of discussion." However, he argued that India is poised to become the world’s third-largest economy and, as the world’s largest democracy, is uniquely positioned thanks to its vast domestic consumption and strong supply chains. Mahindra also called for a “measured reaction” to tariffs, urging India to adopt smart policies that help it emerge as the world’s most reliable economic partner — and a key pillar in a new, multipolar global order.

Act East Policy is the reflection of PM Narendra Modi’s foreign policy marked by dynamism and action. With the changing dynamics of the world, PM Modi in 2014, introduced a new vigour in India’s foreign policy. He transformed the Look East Policywith a more dynamic Act East Policy (AEP). Introduced in 1992, the Look East policy focused largely on economic ties with the Southeast Asia region. This shift was not just symbolic but marked a significant strategic approach that emphasized deeper diplomatic engagement, stronger trade partnerships, enhanced security cooperation, and cultural exchanges with Southeast Asia and the broader Indo-Pacific region. The Act East Policy placed India as an active stakeholder in regional affairs. Over the past 10 years, the Act East Policy has positioned India as an active and influential player in Southeast Asia. The Indian PM’s frequent engagements, high-profile summits, and strategic partnerships have strengthened India's presence in the Indo-Pacific, making India not just a participant but a leader in regional affairs. Modi has himself visited SE Asia multiple times. This include trips to Singapore (2015, 2018, 2024), which have strengthened economic and fintech collaboration, and visits to Indonesia (2018, 2022, 2023), where India expanded its maritime security cooperation.

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Subscribe to enjoy similar stories. Born into privilege as a princess in the 1900s in India, Amrit Kaur could have led a life of comfort and quiet influence. Instead, she used her station to steer some of independent India’s most vital reforms.