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Reserve Bank of India (RBI) is expected to announce another rate cut in April, and its impact on bank fixed deposit (FD) rates remains a key question. Ashok Vaswani, Managing Director and CEO of Kotak Mahindra Bank, in a interview to ToI said he believes that while the previous 25-basis-point cut has not yet led to lower deposit rates, a total reduction of 50-75 basis points could start influencing term deposit pricing. He expects significant movement in the banking sector over the next 6-12 months. Deposits remain a critical focus for banks, with last year witnessing a competitive battle for attracting funds. Vaswani acknowledges that securing deposits is not just about volume but also pricing. To sustain growth, Kotak Mahindra Bank is leaning on product innovation, customer-centric offerings, and its digital platform, 811. However, liquidity constraints persist, making it too soon to determine whether conditions will improve. The bank continues to monitor macroeconomic trends closely. Also Read: Billionaire Uday Kotak’s private bank adds thousands of clients

European Union has urged its citizens to stockpile enough food and other essential supplies to sustain them for at least 72 hours if crisis happens, the European Commission has said. “In case of extreme disruptions, the initial period is the most critical,” the document says, setting out possible scenarios, from war to cyber attacks and deadly disease to climate-driven floods, reports Politico. In a fresh guidance issued on Wednesday, the commission stressed the need for Europe to shift its mindset, to foster a culture of “preparedness” and “resilience.” ALSO READ: 'Elon, I want to thank you': Trump makes it official, makes big statement amid Tesla Takedown protests

Vishal Gautam, VP Engineering & Site Managing Director, Zscaler

On Wednesday, the BSE Bankex index closed 1% lower, having rallied 7.7% in the previous seven sessions. Meanwhile, the BSE Information Technology index also dropped by over 1% in the last session, following a 4.7% surge between March 17 and 25.

Mukesh Ambani has retained the top spot on the Hurun India Rich List 2025, despite a dip in his wealth. The Reliance Industries chairman's net worth stands at INR 8.6 lakh crore, down by Rs 1 lakh crore from the previous year. However, he still holds a comfortable lead over rival Gautam Adani, who made significant strides with a wealth increase of 13%, bringing his fortune to Rs 8.4 lakh crore. Adani’s net worth grew by a substantial Rs 1 lakh crore, cementing his status as a formidable force in the nation's business landscape. The race between these two titans of industry has captivated the country’s attention, and their fortunes continue to fluctuate, reflecting both market dynamics and their expanding business ventures.

Xi Jinping is making China’s presence more felt across the Indo-Pacific region by testing US allies on sensitive issues, as Donald Trump’s attention is taken up elsewhere. From sending warships off Australia’s coast for unprecedented shooting drills to flying a record number of “grey zone” balloons around Taiwan, and putting pressure on Thailand over human rights issues, Beijing is ramping up efforts to project power in the region. China also issued a strongly worded warning on Taiwan to Tokyo — which doesn’t officially recognize Taipei — against “colluding” with separatists. Trump’s sudden embrace of Russia, skepticism of NATO allies and tariffs that punish friendly nations have fueled concerns about the US as a reliable security partner in Asia, where Washington has for decades provided a buffer to Beijing.

Reserve Bank of India is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters. Foreign portfolio investors (FPIs), pressured by poor earnings, high valuations and prospects of U.S. tariffs, have pulled more than $28 billion out of Indian stocks since September's record high in the benchmark NSE Nifty 50. To boost foreign investment, India is widening to all foreign investors benefits it had until now restricted to overseas Indians, while also raising applicable investment limits, the officials said. «It is felt that these proposals may be implemented as early as possible,» the central bank told the government in a letter last week, pointing to disruption in capital inflows among recent developments in the external sector. Emails seeking comment from the finance ministry, the central bank, and the market regulator, the Securities and Exchange Board of India (SEBI), did not get any response.

Samvardhana Motherson International shed some of their morning losses after a favorable view from CLSA, which expects the company's shares to potentially double over the next three years. The comments were made in a note on Thursday, March 27, according to a CNBC-TV18 report.

Subscribe to enjoy similar stories. For years, gold has been the go-to hedge in times of economic uncertainty. But now, another precious metal is stealing some of its lustre.

US President Donald Trump announced on Wednesday 25 percent tariffs «on all cars that are not made in the United States» effective 12:01 am eastern time on April 3. «We have to think about appropriate measures following this announcement. Naturally, we will consider all options,» Ishiba told parliament. «Japan has made significant investments and significant job creation, which doesn't apply to all countries… We are the number one (country) in investment in the United States,» Ishiba added. «The US president's understanding on this is significantly deepening. However, various things are happening, so we are considering all kinds of countermeasures, and those exist as our options.»

Sunteck Realty will likely be in focus on Thursday after the company informed exchanges about its decision to invest approximately $10-20 million in Sunteck Lifestyle International Private Limited (SLIPL) in the form of equity or preference shares or any other convertible securities in one or more tranches. SLIPL is a wholly owned subsidiary of the company.

Subscribe to enjoy similar stories. Donald Trump has sought to dismiss Signalgate as “the only glitch" in his two months as US president for the second time. But this will not wash with others around the world.

MUMBAI: Many mutual fund holdings go unclaimed because investors either fail to document them properly or do not inform their family members. To address this, the Securities and Exchange Board of India (Sebi) has introduced a mechanism that integrates mutual fund statements with DigiLocker, enabling nominees to access investment details when needed.

The floor price has been set at ₹1,625 per share, a 4.9% discount to Wednesday's closing price of ₹1,695 on NSE. The base offer comprises 10.6 million shares (6.8% stake) worth ₹1,717.4 crore, along with a greenshoe option of 5.3 million shares (3.4% stake) valued at ₹858.7 crore.

Trump administration's deportation of some Venezuelan immigrants under a little-used 18th century law. The decision by the U.S.

Canadian prime minister Justin Trudeau called US president Donald Trump to congratulate him on his historic re-election in November 2024, the talking points were already prepared in a briefing note which suggested that Trudeau congratulate Trump on his “historic election win” and praise his “amazing campaign,” reported CTV News.

Finance minister Nirmala Sitharaman Wednesday said «relentless action» is going on against wilful bank defaulters and that loan write-offs do not mean waivers as borrowers remain liable to repay their dues. «Banks continue to pursue recovery actions in written-off accounts using various mechanisms,» she said, responding to the discussion on Banking Laws (Amendment) Bill 2024 in the Rajya Sabha. The upper house, subsequently, gave its nod to the bill that seeks to provide options to the depositors for either successive or simultaneous nominations besides allowing public sector banks (PSBs) to transfer unclaimed shares, interest, and bond redemption amounts to investor protection fund besides other changes. The bill has already secured Lok Sabha's nod.

Foreign secretary Vikram Misri along with other senior officials from the Ministry of External Affairs briefed the Parliamentary Standing Committee on External Affairs on the Indo-Bangladesh relations. The panel is chaired by Congress MP Shashi Tharoor. Officials are also learnt to have expressed concern that the Bangladesh government has «not only not acknowledged the systematic persecution of minorities but has sought to downplay the scale and nature of violence against Hindus since 2024», sources said. The officials also apparently referred to the statement of Mohammed Yunus, chief adviser to the interim government in Bangladesh, where he termed the atrocities against minorities in Bangladesh as media exaggeration. Officials also expressed concern that persecution against minorities has been characterised as «political killings» of Awami League members rather than communal violence. When asked about the Bangladesh Army, it was suggested that they are out of barracks to take control of the law and order in the neighbouring nation. Officials suggested that India is interested in advancing mutual interests and priorities with Bangladesh, sources said.

Elon Musk is investigating how The Atlantic’s editor-in-chief, Jeffrey Goldberg, was inadvertently added to a Signal group chat involving high-ranking U.S. national security officials. The chat reportedly contained discussions on upcoming military airstrikes against Houthi targets in Yemen. The breach, revealed in The Atlantic on Monday, has sparked outrage, with bipartisan calls for accountability. White House Press Secretary Karoline Leavitt confirmed Musk’s involvement, stating that he would «figure out how this number was inadvertently added» and help «ensure this can never happen again.»

Sonia Gandhi stated in the Rajya Sabha on Wednesday that the Pradhan Mantri Matru Vandana Yojana is “severely underfunded” and is not being disbursed to the entitled pregnant women. She demanded that the funds be increased and disbursed more efficiently to the intended beneficiaries. Raising the matter during Zero Hour, Gandhi said, “The non-fulfilment of maternity entitlements under the National Food Security Act, 2013, and the Pradhan Mantri Matru Vandana Yojana is a pressing concern. The National Food Security Act was passed by Parliament in September 2013 under the leadership of Dr.

Canada's Liberal Party revoked Indian-origin MP Chandra Arya's bid to run for the party leadership and his nomination in his own Ottawa Nepean constituency over his alleged ties to the Indian government, a media report said on Wednesday. Citing a source with top-secret clearance, the Globe and Mail daily reported that Arya, who visited India last August and met Prime Minister Narendra Modi, had not informed the government of that trip even though bilateral relations are in a deep freeze. The Liberals have never revealed why they barred the three-term Liberal MP from the party's recent leadership race or from running again in Nepean constituency, the paper said. Citing the source, the daily reported that the Canadian Security Intelligence Service had briefed the government about Arya's «alleged close ties to the government of India, including its High Commission in Ottawa». Liberal Party officials who have security clearances and had received a general CSIS briefing on foreign interference also had concerns about Arya, a Liberal source said. The decisions to remove Arya as a candidate for the leadership and Nepean nomination were solely made by the Liberal Party and were not on the advice of CSIS, sources said.