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Subscribe to enjoy similar stories. With the January to March quarter having remained mostly dull so far and unlikely to spring up any pleasant surprises going ahead, film exhibitors and trade experts are now pinning hopes on the summer to do the trick for the movie business.

bear market, with the Nifty 50 down nearly 16% from its peak and smallcap and midcap stocks suffering their worst crash since 2020. But despite a 30-50% plunge in several hyped «narrative» stocks, valuations remain difficult to justify, brokerage Kotak Institutional Equities said. The brokerage said the broader market correction, exacerbated by the recent rout in smallcap and midcap stocks, has not translated into compelling investment opportunities. «We do not find value in most parts of the market despite the sharp correction across sectors and stocks. Flows have seen endless discussion among market participants but have proven (again) to be pointless to assess the market peak or correction,» Kotak Equities said.

U.S. nuclear deterrence is crucial to the country's security and that its participation would send the «wrong message.» Chief Cabinet Secretary Yoshimasa Hayashi said Japan's national security is the primary reason it will not participate as an observer at the conference, which starts Monday in New York. «Under the severe security environment, nuclear deterrence is indispensable to defend the people's lives and assets, as well as Japan's sovereignty and peace,» Hayashi told reporters. Japan's participation as an observer at the conference would «send a wrong message about the Japanese policy (supporting) nuclear deterrence and interfere with our effort in security, peace and safety.»

Maharashtra Governor CP Radhakrishnan on Monday said the state is a preferred destination for foreign direct investment (FDI) and contributes more than 14 per cent to the country's gross domestic product (GDP). The governor, addressing the joint session of the state legislature on the first day of the budget session, asserted that Maharashtra was one of the leading industrial states in the country. He said the state government has signed memoranda of understanding (MoUs) worth approximately Rs 15.72 lakh crore with 63 national and international companies during the World Economic Forum in Davos, Switzerland, in January, and these investments will generate more than 15 lakh employment opportunities. Radhakrishnan said the state government is committed to resolving the Maharashtra-Karnataka border dispute and has appointed expert advocates to represent Maharashtra before the Supreme Court.

Unifi Mutual Fund launches Unifi Dynamic Asset Allocation Fund, a fund that aspires to deliver meaningful returns that beat inflation across economic cycles. The new fund offer or NFO of the scheme is open for subscription and will close on March 7. The scheme will reopen for continuous sale and repurchase on March 21. Also Read | Sensex down over 12,700 points from peak. What strategy should mutual fund investors follow?

CLSA has upgraded its ratings on Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) to ‘High Perform’ from ‘Outperform’, citing robust loan growth, strong return on equity (ROE), and attractive dividend yields. The brokerage firm has also set a target price of Rs 525 for both REC and PFC, adjusting from their previous targets of Rs 590 and Rs 540, respectively.

US Crypto Strategic Reserve. In a social media post on Sunday, he revealed that XRP, Solana, and Cardano would be included in the reserve, triggering a market rally. The move aligns with his broader plan to position the US as the global leader in digital assets.

Subscribe to enjoy similar stories. • Cartrade Tech: Buy at ₹1,530, stop ₹1,505, target ₹1,650-1,690 After undergoing some profit booking, prices have slipped into a strong set of supports that are indicating that the trends are looking to head higher once again. With the strong rise seen on Friday some demand is emerging at lower levels.

Donald Trump and Ukrainian President Volodymyr Zelensky. What was meant to be a peace dialogue on February 28 quickly spiraled into a heated verbal brawl that left the world in disbelief. Now, a body language expert has weighed in on the explosive encounter, suggesting that Vice President JD Vance played the role of Trump’s 'wingman' — intentionally stirring the pot to provoke the Ukrainian leader.

Radico Khaitan expects sales of ₹500 crore from its luxury brands, including single malt 'Rampur' and Jaisalmer Indian Craft Gin, in the next fiscal, its managing director Abhishek Khaitan said. The company expects an 8-9%volume growth, and value growth of around «12-15%», Khaitan told PTI, adding that «this year has been a good year for us, and hopefully next year should be much better.» For the next fiscal, he said, «We expect the same thing, our premium PNA category (Prestige & above) should grow more than 15% and we should be close to overall double-digit growth.»

Pakistan cricket captain Inzamam-ul-Haq has urged international cricket boards to boycott the Indian Premier League (IPL) in response to the ongoing Champions Trophy venue controversy, echoing concerns raised by Saqlain Mushtaq. Earlier, former Pakistan spinner Saqlain Mushtaq also criticised the Board of Control for Cricket in India (BCCI) over the ongoing Champions Trophy venue controversy, in which the India Team has been playing all its matches in Dubai in a hybrid mode after it refused to travel to Pakistan due to security concerns. The dispute gainted traction after former English player and cricket experts Nasser Hussain and Mike Atherton highlighted that India gained an 'undeniable' advantage by playing all their matches at a single venue in Dubai.

For the first time, the Oscars will be streaming live on Hulu, alongside traditional broadcasting on ABC. Cord-cutters in the U.S., U.K., and UAE have several options to watch the 2025 Oscars online for free.

ICC Academy on Sunday afternoon with the focus firmly on their play against spin. While senior pros like Steve Smith and Travis Head had a light hit, the youngsters went full throttle. The Australian team opted for seven ICC academy based net bowlers — all spinners including slow left-arm orthodox Harshit Seth, a 20 year old UAE player, besides two left arm Chinaman bowlers, as many off-spinners and a leg-spinner. Australia finished second in Group B behind South Africa and both teams are camping in the UAE, waiting to know who their opponents will be in the semifinals.

NBC News, new satellite imagery from China’s Dalian shipbuilding facility suggests that the country is developing a massive nuclear-powered aircraft carrier that could rival the United States’ largest vessels. Analysts, after reviewing images provided by Maxar Technologies, noted that this new ship will feature a design unlike any currently in China’s fleet, potentially signalling a major shift in the balance of naval power. A leap in carrier technology

Coal India Limited on Sunday said that non-power sector (NPS) consumers will not have to pay the coal value worth ten days of supply as financial coverage for the dry fuel received via rail transport. «With the waiver of financial coverage, CIL takes an important step towards reducing transactional complexities and fostering an environment that encourages smooth and efficient business operations,» the PSU said in a statement. The latest decision is one more step in Coal India Ltd's ongoing efforts to streamline operations under the broader ease of doing business initiative, the company said. «This also helps to reduce the financial burden for NPS consumers and improve their cash liquidity,» Coal India Ltd (CIL) noted.

Giriraj Singh on Sunday fired back at RJD leader Tejashwi Yadav's sharp attack on Nitish Kumar, saying the people of Bihar won't go back to the «darkness» of the past, referring to it as the "Lalten Yug." He asserted that the Bihar government is a perfect blend of Chief Minister Nitish Kumar's ideology and Prime Minister Narendra Modi's support Singh emphasised that Bihar is witnessing a surge in development projects, and Tejashwi Yadav's words will not sway the state's people.

Nifty 50 extending its longest monthly losing streak since 1996 amid growing concerns over domestic market conditions. The benchmark BSE Sensex lost 1414.33 points or 1.90% to close at 73,198.10, while the broader Nifty 50 index closed at 22,124.70, lower by 420.35 points or 1.86%.

Subscribe to enjoy similar stories. BEIJING—President Trump wants to slap an additional 10% tariff on imports from China over its role in the fentanyl trade, arguing that Beijing could help fix America’s drug crisis if only it stopped dragging its feet. If cutting off the production and export of chemicals used to make fentanyl could get Beijing in Trump’s good books and prevent a new trade war, then why wouldn’t China do it? The answer cuts to the heart of why the war against fentanyl has been so intractable, owing to a lack of trust between the U.S.

Study abroad consultants across India are facing a surge in frantic calls. Students braving the end of the student direct stream programme in Canada and caps on the permits to international students — or already studying there — are desperate for clarity as the country's latest immigration regulations take effect. These students and their parents are also seeking help from the consultants to chart their way forward. Sudden permit cancellations, heightened scrutiny of visa applications and stricter enforcement of departure rules have already thrown thousands of the estimated 423,000 Indians in Canada into a tizzy. «We've had multiple clients lose their permits despite perfect academic records. The IRCC (the government department of Immigration, Refugees and Citizenship Canada) projects 7,000 more revocations this year — I think that's conservative,» said Nikhil Jain, founder of ForeignAdmits.

Tata Consultancy Services (TCS) steps into the new year facing a new set of challenges: Increasing competition, continued macro uncertainty, and an absence of mega deals. However, experts see opportunities for a demand uptick, deal consolidation, digital transformation projects, and artificial intelligence moving into the production stage, indicating that 2025 will be better than the previous year for the Tata Group company with an annual revenue of $29 billion. CEO K Krithivasan has stabilised the ship in a tough market since taking charge more than a year and a half ago, analysts say. He will now need to perform on reversing revenue erosion from account rampdowns, including its 4G network deal with state-run Bharat Sanchar Nigam Ltd (BSNL) in India, its fastest growing market.

pharmaceutical industry say levying tariffs may make generic drugs marginally costlier for the US patients and even lead to drug shortages. Dilip Shanghvi, chairman and managing director at Sun Pharma, India's largest drug maker by sales and market cap, told an industry gathering that his company sells products between $1 and $5 per bottle in the US and a tariff of 10% or 25% may marginally change that cost. «Possibly it will not justify relocating manufacturing,» Shanghvi said, responding to Trump's frenetic calls to either set up manufacturing bases in the US or face tariffs. He added the profit margins for drugs sold in the US are so low that the ability to absorb tariffs is limited. «Ultimately it will get passed on to the consumers,» he noted. For FY24, Sun Pharma had 32% of its total sales of ₹47,800 crore from the US, a notch higher than 31% that came from its home market India.