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United States President Donald Trump on Wednesday expressed gratitude to the Pakistani government for assisting in the arrest of a key terrorist involved in the 2021 Kabul airport bombing. «Three and a half years ago, a [Daesh] terrorist killed 13 American service members and countless others in the Abbey Gate bombing,» Trump said during his address to a joint session of Congress. He added, «Tonight, I am pleased to announce that we have just apprehended the top terrorist responsible for that atrocity. And he is right now on his way here to face the swift sword of American justice.» The attack at Kabul airport in August 2021 claimed the lives of 13 US service members and around 170 Afghan civilians during the chaotic withdrawal of American forces from Afghanistan.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says keep accumulating good quality stocks at the price at which they are currently available and adding to your portfolio. It is better to repent after buying than to regret it thereafter. When the fundamentals of business and the companies remain intact and they are not showing the signs of deterioration, as much as the global turbulence is, in such a situation, gather the confidence and conviction to buy into good quality stocks. Time to buy yet or do you think there could be some more pain in store? Deven Choksey: Yes, it is time to buy. We always tell people that in a falling market like this, you do not buy everything at one go, but you accumulate. So, keep accumulating good quality stocks at a price at which they are currently available and adding to your portfolio.

Nifty50 is down about 7% in 2025 and one would assume that this period was marked by volatility. However, it is not reflected in the India VIX. The fear gauge index, as it is often referred to, fell nearly 6% year-to-date and is hovering 13.83 levels despite a sell-off in the Indian markets. India VIX has an inverse correlation with the markets as the index jumps when equities are falling. This is because a correction is often associated with a sense of panic and fear among investors and is not playing out the way it did historically.

Indian oil explorer Oil and Natural Gas Corp will be in focus after it announced that its subsidiary has acquired clean energy company PTC Energy for Rs 925 crore ($106.02 million) as part of its efforts to expand its green energy portfolio. ONGC’s unit, ONGC Green Ltd (OGL) acquired a 100% equity stake in PTC Energy Limited, the company informed on Tuesday. The company has 120 crore equity shares of Rs 10 each by OGL by way of subscription on the right basis, it added.

Anand Tandon, Independent Analyst, says while two lakh people are being added to the IT workforce every year, not that many will get jobs going forward, and some of them will get slowly laid off. Tandon says that the problem is not receiving enough attention and it is not a cyclical issue. It is a structural problem. India needs to find another industry which can grow in the same way. Tandon also says at the end of the day, markets are cyclical and market participants have to realise that. Give us your take on the markets. We are seeing a bit of recovery; the broader markets are also participating in this. What is looking interesting to you right now? Anand Tandon: Yes, the market is looking a little oversold and therefore it is possible that you will get a mild recovery. I would hesitate to rush in to buy though. There are structural problems in the Indian market now, primarily among them the IT sector. You have to remember that for the last two decades, the biggest driver for domestic consumption is actually the number of people who are employed in that sector. That now seems to be behind us.

«In the interim, flows can have some excesses, but we really feel that we have reached the bottom on Nifty. You can never say never, but largely we think we are done. Because even if you take earnings post downgrades, broadly next year will be 1200 rupees of earnings and 26-27 would be 1350 rupees of earnings,» says Sanjay H Parekh, Sohum Asset Managers. Give us a lowdown on where you feel the markets are headed from here. Do you think we have bottomed out enough because we had slipped below that 22,000 mark initially in the first half of the trading day? We have managed to recover only nominally from there. But do you believe that this is the worst for the market and now would be a good time for FIIs and along with them some confidence to return in the market? Sanjay H Parekh: So, essentially, our product is Nifty benchmark where we have at least 70% always in largecap. In fact, our average largecap holding has been 78%. So, I will just give you a perspective of how we think about Nifty to begin with. So, we think now the risk-return is really favourable.

Subscribe to enjoy similar stories. One of the most famous quips about India that has long held good is British economist Joan Robinson’s “Whatever you can rightly say about India, the opposite is also true." A telling example is the contrast between our high position in the world’s GDP league table, where we rank third in terms of purchasing power parity, and our abysmal 119th spot when it comes to per capita income. But one measure on which we have unanimity, even among argumentative Indians, relates to the rapid adoption of digital technology.

Non-bank lenders and companies could spend less on foreign-currency loans as the Reserve Bank of India's (RBI) $15-billion dollar-rupee swaps, aimed at boosting domestic liquidity, have also helped reduce the benchmark rate used to price currency risks in the country. The Mumbai Interbank Forward Offer Rate (MIFOR), which gauges currency risk when Indian companies bring dollar funds into India, has fallen over the past month after the RBI bought dollars from banks with an agreement to sell them back three years later, indicating the central bank is ready to lend dollars at a cheaper rate to the market.

Subscribe to enjoy similar stories. Young companies selling laboratory-grown diamonds are ramping up investments in building awareness and expanding product lines as growing adoption of the category in recent months has sparked optimism, industry executives told Mint. Bengaluru-based Jewelbox has nearly doubled its marketing budget in the last year and now incurs nearly 20% of its online expenditure on awareness campaigns, its co-founder Nipun Kochar said.

Subscribe to enjoy similar stories. Bengaluru: Prime Venture Partners, which has backed Indian startups such as MyGate and Niyo, has launched its fifth fund with a size of $100 million to continue investing in early-stage companies across sectors. The development comes almost four years after it raised $100 million for its fourth fund, which was later oversubscribed to $120 million.

«We have seen volumes drop by over 40% compared to last year's peak in the cash market,» said Sandip Raichura, CEO-retail broking and distribution at PL Capital. «This is due to first-time investors who are seeing their first correction and exiting, along with large clients like treasuries and HNIs (high networth individuals) unwilling to bet big in the current weak scenario.»

President Donald Trump has announced a ban on protests he considers that he deemed as illegal on Tuesday, March 4. He stated that if schools or colleges allow these protests to take place, they will lose all federal funding. The move comes just hours ah

Subscribe to enjoy similar stories. IPO-bound online investment platform Groww has issued compulsorily convertible preference shares as bonus to existing investors, including Peak XV and Ribbit, according to a Competition Commission of India’s notice. According to the notice issued on 3 March, the transaction will also result in collapse of the differential voting rights (DVR) held by Harsh Jain, Lalit Keshre, Neeraj Singh and Ishan Bansal, the founders of Groww.

modern romance has introduced a slew of buzzwords that define the ever-evolving relationship landscape. The latest term making waves? Floodlighting – and relationship experts are warning singles to be on high alert.

Karnataka High Court has held that an insurance policy nominee does not have absolute rights over insurance benefits if the policyholder's legal heirs stake a claim. The court clarified that Section 39 of the Insurance Act, 1938, which governs nominations, does not override personal succession laws like the Hindu Succession Act, 1956. The judgment came in the case of Neelavva @ Neelamma vs Chandravva @ Chandrakala @ Hema and Others, where a dispute arose over the rightful claimants to an insurance payout. Justice Anant Ramanath Hegde ruled that a nominee can receive the insurance benefits only if the legal heirs do not claim them. If a legal heir asserts their right, the nominee's claim must yield to personal succession laws. The case involved a man who had named his mother as the sole nominee for two insurance policies before his marriage. After his marriage and the birth of his child, he did not update the nomination. Following his death in 2019, a legal battle ensued between his mother and his wife over the insurance payout.

Subscribe to enjoy similar stories. When evaluating mutual funds, most investors focus on returns, but there’s more to a scheme than just performance numbers. A closer look at key quantitative measures can reveal how a fund is managed, the level of risk it takes, and its consistency across market cycles.

Subscribe to enjoy similar stories. Mumbai: In an era where media consumption is more fragmented than ever, Nielsen, a company that has long been synonymous with audience measurement, finds itself in a race to keep up. Karthik Rao, chief executive of Nielsen, acknowledges the reality check: “The revelation was not about the media landscape—it was about what we need to do to keep pace and get ahead.

Gensol Engineering plummeted 20% on Tuesday to hit the lower circuit, closing at Rs 413.95 on the BSE, after CARE Ratings downgraded the company’s long-term and short-term bank facilities due to delays in servicing its term loan obligations. CARE Ratings downgraded Gensol Engineering’s long-term bank facilities worth Rs 639.7 crore to CARE D from CARE BB+ with a stable outlook. The rating agency also lowered ratings on other long-term and short-term facilities worth Rs 76.3 crore to CARE D from CARE BB+ and CARE A4+.

Benchmark NSE Nifty closed 36.65 points down at 22082.65 amid selling in frontline bluechip counters.

Subscribe to enjoy similar stories. It’s called Bad Boy Martini. The cocktail at the restobar For The Record (FTR) in Goa was born last year when its founder and chef, Buland Shukla, had paan cravings and sought to create a Betel Leaf Margarita.

Subscribe to enjoy similar stories. For millions of investors who’ve lost track of old mutual fund investments, India's markets regulator is offering a new mitra—or friend— to help. The Mutual Fund Investment Tracing and Retrieval Assistant (Mitra), launched by the Securities and Exchange Board of India (Sebi), is designed to track down inactive and unclaimed mutual fund folios, helping investors reclaim money they may have forgotten.