Reports Financial News

09.03 / 14:01
markets Tesla SpaceX RAI country reports Chinese investors privately take stakes in Elon Musk's companies: report
Chinese investors are funneling tens of millions of dollars into private companies controlled by billionaire Elon Musk, using an arrangement that shields their identities from public view, the Financial Times reported on Sunday. The investments are being placed through special-purpose vehicles to avoid the ire of U.S authorities and companies wary of Chinese capital during a low-point in relations between the two countries, the report said, citing asset managers and investors involved in the transactions. Three Chinese-backed asset managers told the Financial Times that they had sold more than $30 million of shares in SpaceX, xAI and Neuralink, three Musk-controlled private technology companies, to investors over the past two years.
09.03 / 14:01
markets Target Man shooting social hospital reports US Secret Service shoots armed man near White House: Spokesman
The man had been hospitalized and his condition was «unknown,» the spokesman said in a statement that did not specify whether the White House or Trump may have been the intended target. No injuries to Secret Service agents were reported, according to the statement posted by spokesman Anthony Guglielmi on social media platform X.
09.03 / 14:01
markets Provident Puzzle CAT RAI reports Features NYT Strands #371, March 9, 2025: Hints, Spangram, and answers for Sunday challenge
This daily word game, available on the NYT website and app, offers an engaging challenge for puzzle enthusiasts, featuring unique themes and the much-anticipated «spangram.» Strands has swiftly become a part of many players’ daily routines, with each puzzle lasting only a few minutes but delivering ample excitement.
09.03 / 14:01
markets Reuters Strategy Enterprise Tesla SpaceX reports Chinese investors may've found a way to do biz with Musk without drawing Trump's ire
Elon Musk and make handsome profits without irking Donald Trump, reports say. Wealthy investors from China are channeling tens of millions of dollars into private enterprises under billionaire Elon Musk's control, through a strategy that keeps their identities concealed, Reuters reported on March 9 citing the Financial Times. This influx of capital is being funneled through special-purpose vehicles to circumvent the scrutiny of U.S. authorities and companies that are cautious about Chinese investment amid strained relations between the two nations, according to asset managers and investors involved in these deals.
09.03 / 14:01
markets Williams Netflix Instagram Inside reports Is Meghan Markle copying Princess Diana? Prince William reportedly ‘seething’ over latest style tribute
A recent Instagram post featuring Meghan in a purple Northwestern University sweatshirt—eerily similar to the one worn by Diana in 1996—has reignited tensions between the Sussexes and the royal family. Behind the palace walls, William is reportedly furious, feeling that Meghan is using his late mother’s memory for attention. «William is seething,» an insider spilled to Radar Online. «He’s always been incredibly protective of his mother’s legacy, and he sees Meghan’s repeated nods to Diana’s style as more than just fashion choices—they feel calculated.»
09.03 / 12:55
COST UPS Aware Gap PINK reports Equality The silent surcharge: Pink tax and how it eats into women's earnings
You walk into a store selling personal care products and pick up two nearly identical products —one labelled for men, the other for women. To your surprise, the women’s version costs more. This invisible yet pervasive price disparity, known as the ‘pink tax’, quietly drains women’s wallets on everything from personal care items to professional services like dry cleaning and healthcare. 
09.03 / 11:09
markets UPS Action security community reports Manipur: Normal life affected in Kuki-dominated areas as agitators enforce shutdown
Manipur on Sunday as agitators enforced an indefinite shutdown called by Kuki-Zo groups against a «crackdown by security forces». The situation in Kangpokpi district, where at least one person was killed and 40 others were injured in clashes between Kuki demonstrators and security forces on the previous day, remained tense but calm on Sunday. In other Kuki-dominated areas in Churachandpur and Tengnoupal districts as well, protesters burnt tyres and blocked roads with boulders, which the security forces were seen clearing. However, no fresh violence has been reported so far.
09.03 / 10:55
Provident economy Universities country reports Commentary Gross domestic product: Grossly inadequate as a measure of well-being
Subscribe to enjoy similar stories. The statistics ministry recently released a bunch of fresh data-sets related to India’s gross domestic product (GDP) across three years, including a guesstimate of expected economic growth for the current year ending on 31 March.
09.03 / 10:51
markets Target CEO Diversity inclusion reports rights Diversity pullback: Tech giants lead US companies in pulling back on initiatives
equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020. The changes have come in response to a campaign by conservative activists to target workplace programs in the courts and social media, and more recently, President Donald Trump's executive orders aimed at upending DEI policies in both the federal government and private sector. DEI policies typically are intended to root out systemic barriers to the advancement of historically marginalized groups in certain fields or roles. Critics argue that some education, government and business programs are discriminatory because they single out participants based on factors such as race, gender and sexual orientation. They have targeted corporate sponsorships, employee-led affinity groups, programs aimed at steering contracts to minority or women-owned businesses, and goals that some companies established for increasing minority representation in leadership ranks.
09.03 / 09:59
markets FIVE Dreams Food Sony reports recommendations Turning grief into purpose: Late Sepoy's wife joins Indian Army as officer, among 133 commissioned at OTA Chennai
Soni Bisht faced an unimaginable loss when her husband, Sepoy Neeraj Singh Bhandari of the 18 Kumaon Regiment, tragically passed away in a January 2023 accident. Instead of succumbing to grief, Soni transformed her sorrow into strength, choosing to honour her late husband's dream by joining the Indian Army as an officer. On Saturday, at the Officers Training Academy (OTA) in Chennai, she marched proudly in the Passing Out Parade, now a warrior ready to serve the nation, reported TOI. “When I first heard about the Veer Nari entry from officers of the Kumaon Regiment, my father, a retired Subedar from the Brigade of Guards Battalion, encouraged me to take this path,” TOI quoted Soni as saying. “It wasn’t easy, but I overcame every challenge,” she added with a smile, as she was commissioned into the Army Ordnance Corps.
09.03 / 09:59
markets Platform wellness President social reports Musk calls on US to quit NATO, stop paying for Defence of Europe
Elon Musk threw his weight behind a US exit from NATO, saying on his social media platform that it “doesn’t make sense for America to pay for the defense of Europe.” The senior adviser to US President Donald Trump was responding to a post on X early Sunday that asserted the US should “Exit NATO *now*!” “We really should,” the Tesla Inc. co-founder and chief executive officer said.
09.03 / 09:59
markets Provident BLOCK Sustainability RAI reports ONGC's OPaL exits from Dahej SEZ, eyes local market
ONGC PetroAdditions Ltd, a subsidiary of the state-owned Oil and Natural Gas Corporation (ONGC), has relinquished its 'only-for-export' unit status as it aims to tap into the booming local petrochemical market to drive a turnaround. In a stock exchange filing, ONGC said OPaL has received the final approval for its exit from the Dahej Special Economic Zone (SEZ). «Accordingly, OPaL shall operate as a Domestic Tariff Area (DTA) unit with effect from March 8, 2025,» ONGC said. «Further, this exit from SEZ will improve the competitiveness of OPaL for supplies to be made to the DTA». This essentially means primarily catering to the domestic Indian market instead of focusing on exports, which is the primary purpose of an SEZ unit. It will now not have to pay customs duty on products sold within India, helping improve margins.
09.03 / 09:59
markets COST Digital Sustainability Trade country reports India’s EU trade deal faces a costly hurdle due to strict laws
environmental regulations, particularly the carbon tax, deforestation rules, and supply chain due diligence laws are one of the biggest hurdles in the negotiations for a proposed trade pact with India, economic think tank GTRI said on Sunday. It said that these regulations could impose additional costs on Indian exports. Under the Carbon Border Adjustment Mechanism (CBAM), Indian exports of steel, aluminum, and cement to the EU could face tariffs of 20-35 per cent, even if an FTA is signed, the Global Trade Research Initiative (GTRI) said in its report. This raises concerns that while EU goods would enter India duty-free, Indian exports would still face these indirect barriers in Europe, it added.
09.03 / 09:29
markets FIVE Waters Analysis Experts reports Kumbh 2025: CPCB report finds Ganga, Yamuna water fit for bathing despite variability
Maha Kumbh was fit for bathing, based on statistical analysis. The report, dated February 28 and uploaded on the tribunal's website on March 7, highlights that variations in water sample data required a detailed statistical review to assess overall river water quality. The CPCB conducted water monitoring twice a week from January 12, including auspicious bathing days, at five locations on the Ganga and two on the Yamuna. The report noted significant fluctuations in key water quality parameters such as pH, dissolved oxygen (DO), biochemical oxygen demand (BOD), and fecal coliform (FC) levels across different dates and locations. An expert committee reviewed the data variations and concluded that factors such as human activities, river flow, sampling depth, and current mixing influenced the readings. «The data represents a snapshot of water quality at a specific location and time and may vary significantly,» the report stated.
09.03 / 09:29
markets UPS Bill Justice country reports Centre wants to set 'Hindu-Muslim' narrative via Waqf amendments: Sena (UBT) MP
Waqf Act are not good and it wants to set a "Hindu-Muslim narrative" in the country through it, Shiv Sena (UBT) MP Arvind Sawant has claimed. In an interview to PTI, Sawant, who was a member of the Joint Committee on the Waqf Amendment Bill, also accused the parliamentary panel chief, BJP MP Jagdambika Pal, of adopting «deceptive practices» and not holding a clause-by-clause discussion on the proposed law as mentioned in its agenda. He also dubbed the functioning of the panel dictatorial. The bill aims to streamline the registration of Waqf properties, besides preventing their misuse. The bill is likely to come up before Parliament during the second part of the session — scheduled to be held from March 10 to April 4.
09.03 / 08:31
Hollywood BBC film Actor performer reports Headlines Hollywood actor spends Rs 8 crore to pay off 900 people's debts after Tata Steel shuts shop in Wales. Who is Michael Sheen?
Michael Sheen has hit headlines for paying off 900 people’s debt after Tata Steel shut down its last blast furnace in Port Talbot. As per a BBC report, the ‘Twilight’ actor embarked on a mission to alleviate financial burdens by establishing a company dedicated to purchasing and erasing debt for 900 individuals in South Wales. His philanthropic initiative is the focus of an upcoming Channel 4 documentary titled Michael Sheen’s Secret Million Pound Giveaway, scheduled to premiere next week. The program aims to shed light on how banks and financial institutions often exploit economically disadvantaged individuals for profit. Sheen disclosed that he remained unaware of the specific identities of those whose debts he cleared, knowing only their geographical location and the type of financial obligation they held. He emphasized, «I would never know who they are. Even now, I still don't know their identities.» Using £100,000 of his personal savings, the actor successfully established a debt acquisition company, which enabled him to purchase £1 million worth of outstanding loans. Initially unfamiliar with the intricate workings of the debt industry, Sheen admitted, «At first, I had no understanding of how this unusual system operated, but it felt like the right thing to do.»
09.03 / 06:23
markets Progressive Ball RAI reports International Ind vs NZ Pitch and Weather Report: How will the playing conditions affect the Champions Trophy final?
India and New Zealand at the Dubai International Stadium on Sunday. Captain winning the toss will likely want to bat first and put on a challenging total on the board to create scoreboard pressure in the big match. Batting first will also put the opponents in the heat for 50 overs. Further, there will be minimal due and batting second might not be advantageous.
09.03 / 06:23
markets Action security WhatsApp community RAI reports India condemns vandalism at Hindu temple in California, calls for 'stringent' action
«We have seen reports regarding the vandalism at a Hindu temple in Chino Hills, California. We condemn such despicable acts in the strongest terms,» External Affairs Ministry spokesperson Randhir Jaiswal said. «We call upon the local law enforcement authorities to take stringent action against those responsible for these acts, and also ensure adequate security to places of worship,» he said.
09.03 / 05:59
UPS Target economy wellness Trade reports China struggles to shake off disinflationary pressures as trade threats loom
Subscribe to enjoy similar stories. China’s consumer prices nosedived in February, in a sign of stubborn disinflationary pressures, ending a year’s run of tepid price growth and underscoring the challenges policymakers face in stimulating domestic demand as trade tensions intensify.
09.03 / 05:59
Booking Extreme Parke Research show reports International Under pressure: How Donald Trump's attacks on US climate agencies affect India
Subscribe to enjoy similar stories. ‘Climate Change & You’ is a fortnightly newsletter by Bibek Bhattacharya and Sayantan Bera. Subscribe to Mint's newsletters to get them directly in your email inbox. Dear reader, One of the first things that Donald Trump did when he became president was to withdraw the US from the 2015 Paris climate agreement.
09.03 / 05:45
markets Williams Strategy RAI reports Features cricket India vs New Zealand Playing 11: Will Virat Kohli play today after injury scare? Check probable XI prediction
Having dominated throughout the tournament with a spin-heavy attack, India is unlikely to make any changes to its winning combination. Varun Chakaravarthy’s mystery spin has been a game-changer, making life difficult for opposition batters. Skipper Rohit Sharma and the team management are expected to continue with the four-spinner strategy. Meanwhile, Virat Kohli was reportedly injured during one of the practice sessions, gripping all Indian Cricket Team fans a scare. But it is unlikely that Kohli will not feature in the marquee clash.

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