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Subscribe to enjoy similar stories. IN 1995, DURING a golden age for globalisation, a business professor from Berkeley coined a cheering term: “the California effect". When companies in wealthy markets face new competition from foreign rivals, argued David Vogel in his book “Trading Up: Consumer and Environmental Regulation in a Global Economy", they do not invariably lower standards, as gloomsters might predict.

Reserve Bank of India's rate-setting panel is set to take its first monetary policy decision of the financial year in a review meetings starting Monday, amid a significant moderation in headline inflation over recent months. A Reuters poll of economists forecasts a 25 basis point cut in rates at the meeting. The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. The other five meetings are scheduled for June 4-6, August 5-7, September 29-October 1, December 3-5, and February 4-6. In the previous MPC meeting on February 7, the Reserve Bank of India (RBI) had unanimously decided to reduce the policy rate by 25 basis points (bps) from 6.5 per cent to 6.25 per cent. This was the first rate cut in about 5 years. The repo rate is the rate of interest at which the RBI lends to other banks.

Tata Motors has announced that it will convene a meeting of its equity shareholders on May 6, to vote on a proposed Composite Scheme of Arrangement involving the reorganization of its commercial and passenger vehicle businesses. “We hereby wish to inform that pursuant to the Order dated March 25, 2025, (“Order”) the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) in the Company Scheme Application No. C.A.(CAA)/61/MB/2025, Meeting of the Equity Shareholders of Tata Motors Limited (“the Company”) is scheduled to be held on Tuesday, May 6, 2025 at 3.00 p.m (IST),” Tata Motors said in an exchange filing.

Madhya Pradesh High Court has ruled that failure of biometric verification cannot be a reason to deny a person’s legal or fundamental rights. The decision was made by Justice Subodh Abhyankar while hearing a petition by Vinod Kumar Meena, who was refused a job at Life Insurance Corporation of India (LIC) due to biometric verification failure during the onboarding process, a TOI report stated.

Goldman Sachs struck an optimistic tone on Zomato on Friday, arguing that concerns around its quick commerce arm Blinkit are exaggerated and current valuations overly pessimistic, even as the stock fell as much as 2.4% to Rs 205.85 on the day. Goldman Sachs reiterated a «buy» rating on Zomato with a target price of Rs 310, implying an upside of over 50% from current levels. The brokerage believes that at the current market price, investors are effectively assigning negligible value to Zomato’s food delivery business or assuming that Blinkit’s EBITDA margins have structurally halved — both scenarios it considers highly unlikely.

Bandhan Bank's loans & advances surged nearly 11% year-on-year Rs 1,37,902 crore in the March 31, 2025 ended quarter versus Rs 1,24,721 crore reported by the lender in the year ago period. The total deposits grew by 12% YoY to Rs 1,51,209 crore in Q4FY25 as against Rs 1,35,202 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, the advances were up 4.5% while the total deposits saw a 7.2% uptick.

Vijay Kedia thinks this will be an opportunity for a new transformation, which will pave the way for a new beginning. «A new beginning for India is unfolding. Not just economic but emotional — a renewed faith in our capacity to build, innovate, and lead,» Kedia said on social media platform X.

Washington, here’s a piece of news that is getting far too little attention: The US is on course for fiscal breakdown. That’s the unambiguous message from the Congressional Budget Office’s newly updated long-term projections. Unless Congress changes course, there’ll be a reckoning, and it will be grim. As the CBO details, deficit spending is more out of control than ever. Both parties share the blame, as do both ends of Pennsylvania Avenue. And all should remember that investors’ appetite for US government debt isn’t limitless. The federal government is currently spending roughly $7 trillion and collecting only $5 trillion in taxes annually. The resulting deficit is a little over 6% of gross domestic product, a disturbingly high number for an economy around full employment. The CBO expects public borrowing to remain at this elevated level or higher for decades. Assuming no recessions, public debt will rise to 100% of GDP this year and 118% by 2035 — and it just keeps rising from there. A responsible Congress would make deficit reduction its overriding priority. Instead, Republicans are discussing ways to borrow more — and not just a little more. New tax cuts are under consideration. And many want to extend provisions of the 2017 Tax Cuts and Jobs Act, which would otherwise expire at the end of this year.

JSW Energy shares are likely to be in the spotlight on Wednesday, April 2, after the company announced a major operational milestone, surpassing the 10 GW installed capacity mark in FY2025, a first in its history. “JSW Energy Limited (“the Company”) has achieved a significant milestone by adding 3.6 GW of generation capacity during FY2025, marking the highest annual capacity addition in the Company's history,” the company said in an exchange filing.

Indian markets witness heightened volatility amid global uncertainty and tariff-related concerns, upcoming corporate earnings are expected to play a decisive role in charting the next course of direction, according to market expert Neeraj Dewan. In a conversation with ETNow, Dewan emphasized that after the recent rally—where the market surged nearly 1,500 points from mid-February lows—investors should now turn their focus toward earnings and sector-specific developments. “So, this is what will be most important for us to watch, that is, what happens to the numbers,” he said, referring to the upcoming corporate results.

Subscribe to enjoy similar stories. Star Health Insurance, India's largest stand-alone health insurance company, has been under the regulator's radar for alleged violations in claim settlement. According to the insurance statistics handbook of the Insurance Regulatory and Development Authority of India (Irdai), Star Health and Allied Insurance Co.

The survey, conducted on March 27 and 28, suggests that while Republicans largely support Trump’s initiatives, they are hesitant to grant him unchecked authority. According to the poll, only 32% of Republicans believe Trump should have more power, while 55% think his current level of influence is sufficient. Meanwhile, 13% of GOP respondents suggest that his authority should be curtailed. These figures highlight a prevailing sentiment within the party that, despite strong backing for Trump’s policies, there are limits to how much power he should wield, as mentioned in a report by Forbes.

Deepak Fertilisers And Petrochemicals Corporation Ltd on Monday said its subsidiary has received a demand notice of Rs 226.32 crore from the Income Tax Department for assessment years 2017-18 and 2018-19. In a regulatory filing, the company informed that the order imposing penalty has been passed against its wholly owned subsidiary Mahadhan AgriTech Ltd. The demand notice dated March 30, 2025, has been issued by Assistant Commissioner of Income Tax- Central Circle, Mumbai. The total penalty demands under various sections of the Income Tax Act 1961 amount to Rs 226.32 crore for assessment years 2017-18 and 2018-19, it added.

Marine Le Pen guilty on Monday of misappropriating EU funds and the sentencing expected shortly could see her barred from the 2027 presidential race, upending politics in France. Le Pen, head of the far-right National Rally (RN), is the front-runner in opinion polls ahead of the 2027 vote. Prosecutors had asked that Le Pen face an immediate five-year ban from public office if found guilty, regardless of any appeal process, using a so-called «provisional execution» measure. Judges can adopt, modify or ignore the prosecutors' request. An automatic five-year ban would hammer Le Pen, 56, a three-time presidential contender who has said 2027 will be her final run for top office. She would retain her parliamentary seat until the end of her mandate. Le Pen, who did not speak to reporters as she arrived in court, has accused prosecutors of seeking her «political death», alleging a plot to keep the RN from power that echoes claims made by U.S. President Donald Trump about his legal woes.

travel vlogger recently shared a video on Instagram, urging people to explore Delhi rather than rely on negative opinions. Posting under the username 'Bella & Her Backpack,' she highlighted the city's vibrant experiences, including historical sites, local markets, and diverse cultures. She recommended visiting areas such as Hauz Khas, Chandni Chowk, Sarojini Nagar, and Safdarjung Enclave.

Vedanta has extended the deadline of the demerger of its businesses from March 31, 2025 to September 30, 2025 citing pending approvals from government authorities and National Company Law Tribunal (NCLT). The company announced about the development late on Friday. Shares of Vedanta had ended at Rs 462.90 on the NSE, down by Rs 9.45 or 2%.

Dhoni came to bat at number nine as Ravichandran Ashwin was sent ahead of him. He smashed the RCB bowlers all around the park for an unbeaten 30 off 16 balls but the effort went in vain as it came too late. The match was as good as over before Dhoni came to the crease. «This is exactly what CSK fans come to see — 30 off 16 deliveries from Dhoni. I would have absolutely loved to see him come up the order. In my opinion, he should have batted ahead of Ashwin,» Watson, who is a JioStar expert, said. «Given the game situation, Dhoni could have played like this for another 15 balls. Over the last couple of years, he has consistently shown that he's still batting beautifully. I truly believe he should be promoted up the order so we can see the full extent of his skills. » However, this is not a new phenomena as Dhoni, after having retired from the game, he had batted lower down the order even in the previous edition.

By Mark Mullins

Morgan Stanley sold over 19.30 lakh shares in Kesoram Industries for Rs 81 lakh on Friday via block deal. The penny stock was sold at a price of Rs 4.20 per share which was at an 11% discount from Thursday's closing price of Rs 4.70. Shares of Kesoram Industries today ended at Rs 4.50 on the BSE, down by Rs 0.20 or 4.26% and a fresh 52-week-low.

Bollywood superstar Salman Khan, known for his larger-than-life persona and unfiltered opinions, recently shared his thoughts on the ongoing nepotism debate in the film industry. During a press event for his upcoming film Sikandar, the actor tackled the subject with his signature humor and candidness. Speaking at the conference on March 26, 2025, Salman dismissed the idea of anyone being completely self-made, emphasizing the importance of teamwork and opportunities shaped by circumstances. He acknowledged that his own journey in the industry was influenced by his father, veteran writer Salim Khan, whose decision to move from Indore to Mumbai played a crucial role in shaping his (Salman) career. Reflecting on this, he pointed out that without his father’s move, he might have been leading a completely different life in Indore. The discussion took an amusing turn when the conversation shifted to star kids entering Bollywood. When Raveena Tandon’s daughter, Rasha, was mentioned as an example, Salman misheard and jokingly referenced Kangana Ranaut, playfully speculating whether her future child would enter films or politics. He said, “Ab Kangana ki beti aayengi, to films karengi ya politics join karengi? To unko bhi…” His lighthearted remark added a moment of laughter to the conversation, showcasing his trademark wit.

Investors can check Shri Ahimsa Naturals IPO allotment status through NSE and also via the registrar's website.