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The initiative is part of a broader effort to boost economic growth, improve infrastructure, and ensure lasting peace in a region that has long grappled with insurgency and underdevelopment.

Subscribe to enjoy similar stories. Whether John Maynard Keynes said, “When the facts change, I change my mind" is often disputed, but the witticism has never seemed more apt. German chancellor-to-be Friedrich Merz, long a fiscal hawk as the leader of Germany’s centre-right Christian Democratic Union (CDU), recently made an about-turn on the virtues of higher deficit spending after being briefed on the country’s dwindling growth prospects and witnessing geopolitical gyrations in the US, which seems keen to patch up with Russia, potentially leaving its European allies in the lurch.

This surge in investment reflects growing confidence in the sector, supported by infrastructure advancements, policy reforms, and a steady economic outlook. The sector is set to witness a massive capital investment of Rs 62,328 crore for the development of land parcels acquired by property developers in the last one year, showed a JLL India study.

Subscribe to enjoy similar stories. High-quality bonds are on sale, and Pimco Income fund manager Daniel Ivascyn is loading up on them. Ivascyn isn’t just any ordinary manager, and the $180 billion Pimco Income is no ordinary bond fund.

«The situation here is very tense in the sense that the administration continues to go back and forth on tariffs and so there is no clear vision of what is really happening,» says Peter Cardillo, Spartan Capital Securities. For emerging markets, is it too late to get bearish and for US market, is it too early to get bullish? Can I put it this way? Peter Cardillo: Well, the tariff situation is impacting the global markets and if this continues here in the States, then it is safe to say that the global markets, especially the emerging markets, will continue to act accordingly.

municipal elections began on Wednesday at 8 am and the results will be announced on the same day. Voting for the election took place on March 2 for mayor/president and ward members across municipal corporations, councils, and municipalities.

Kaynes Technology India cracked 9.6% to their intraday low of Rs 3,893.85 on the BSE on Wednesday, March 12, after the Securities and Exchange Board of India (SEBI) issued a show-cause notice to the company’s Managing Director Ramesh Kunhikannan, over alleged violations related to insider trading regulations. An official disclosure by SEBI, dated March 10, 2025, cites concerns regarding the maintenance of a Structured Digital Database (SDD) for financial results for the period ended March 31, 2023. The alleged violations are linked to the Prohibition of Insider Trading (PIT) Regulations, 2015, which govern the handling of sensitive financial data to prevent unfair trading practices.

Hitachi Energy India’s Rs 2,000 crore qualified institutional placement (QIP), the largest such offering this calendar year so far subscribed two times on Tuesday, people familiar with the matter said. The issue with base size is Rs 2,000 crore with an option to upsize to Rs 3,000 crore, offered at an indicative price of Rs 11,507 per share, people said. With demand doubling, the company is likely to partially exercise the green shoe option, according to the people cited above.

Anand Mahindra is all praise for Tara Prasad. Taking to X on Tuesday, the billionaire gushed about the Indian-American figure skater, praising her for her considerable accomplishments. Dropping a video of Tara in her element on the skating rink, the Mahindra Group Chairman praised her for making India proud. “Apparently Tara switched her U.S. citizenship to an Indian one in 2019 and has since been our national skating champ three times. Well done, Tara. I hope you are in the vanguard of athletes who give India a noticeable presence in winter sports. I know you narrowly missed out on a spot in the last Winter Olympics but have your sights set on the games in ‘26. We’ll all be rooting for you. Go chase that dream,” the comment read.

Reliance Jio has announced a partnership with Elon Musk’s SpaceX to offer Starlink satellite internet services in India. The deal, however, hinges on government approval before SpaceX can begin operations in the country. Under the agreement, Jio will make Starlink equipment available in its retail stores and online platforms while also providing installation support. This collaboration comes after a previous clash between the two companies over spectrum allocation for satellite services. While Jio pushed for an auction, the Indian government sided with Musk’s preference for administrative allocation, in line with global practices. Jio’s announcement comes just a day after Bharti Airtel inked a similar deal with SpaceX. Airtel, which has a long-standing presence in satellite communications through its OneWeb project, is positioning itself to leverage Starlink’s capabilities. The two telecom giants are now set to compete not only in traditional broadband but also in the satellite internet space. Both deals are conditional upon Starlink obtaining government approval to begin operations in the country.

Subscribe to enjoy similar stories. ON THE battlefield Ukraine has more than once turned looming catastrophe into partial success against Russia. It might have pulled off a similar feat in the diplomatic realm on March 11th, when it agreed in principle to an American proposal for an “immediate" 30-day ceasefire.

Vice President JD Vance will travel to India later this month, joined by Second Lady Usha Vance. According to a Politico report citing three sources familiar with the plans, «Vice President JD Vance will travel to India later this month alongside Second Lady Usha Vance.» This will be Vance’s second foreign visit since assuming office. His first trip took him to France and Germany, where he made his global debut as vice president. While the upcoming trip is another step in his diplomatic engagements, for Usha Vance, it holds personal significance—it will be her first visit to India as Second Lady. Her parents emigrated from India to the United States, making this trip a homecoming of sorts.

Canadian snowbirds who drive across the border, with officials requiring visitors to stay for at least a month to register on the government's website, CTV News reported. Rosanna Berardi, managing partner of Berardi Immigration Law in New York's Buffalo, said snowbirds who are already staying in the US should also register on the website. In an interview with CTV News, Berardi said the new requirements will come into effect on April 11 and the US government will release a public notice online with more details on Wednesday. She cited information from a document that the US Department of Homeland Security provided in advance to her and other members of the American Immigration Lawyers Association. Berardi said that the registration process is «pretty straightforward» and it is free to register. However, she mentioned that the process is «a bit lengthy.» She further said that people of Canada have been exempted from providing fingerprints.

U.S. Department of Education said on Tuesday it would lay off nearly half its staff, a possible precursor to closing altogether, as government agencies scrambled to meet President Donald Trump's deadline to submit plans for a second round of mass layoffs. The terminations are part of the department's «final mission,» it said in a press release, alluding to Trump's vow to eliminate the department, which oversees $1.6 trillion in college loans, enforces civil rights laws in schools and provides federal funding for needy districts. Asked on Fox News whether the firings would lead to the department's dismantling, Secretary of Education Linda McMahon said yes, adding that doing so «was the president's mandate.» The layoffs would leave the department with 2,183 workers, down from 4,133 when Trump took office in January. Before announcing the layoffs, the agency ordered offices in the Washington area closed to staff from Tuesday evening through Wednesday, according to an internal notice seen by Reuters. Similar closures served as a precursor to shuttering the headquarters of the U.S. Agency for International Development, the humanitarian aid agency, and the Consumer Financial Protection Bureau, which protects Americans against unscrupulous lenders.

Elon Musk’s latest business venture in Europe is causing major controversy. His company, Starlink, is in talks for a billion-dollar deal with Italy’s government, but opposition leaders are outraged, as per a report. Meanwhile, Giorgia Meloni has been presenting herself as the European leader who can serve as the vital connection between the U.S. government and Europe. Critics argue that Prime Minister Giorgia Meloni’s close ties with Musk are raising serious concerns about national security.

economic inequality through equitable redistribution, 'freebies' in the form of schemes have become a competitive tactic to secure votes, often at the expense of fiscal prudence. Take Maharashtra. The government's pre-poll giveaways have pushed state debt to a record ₹9.3 lakh cr, and widened revenue deficit to ₹45,891 cr for 2025-26.

global supply chains, said MP and former union minister Anurag Thakur. This, in turn, propelled India from being a part of the 'Fragile Five' to one of the world's top five economies, he added. Crediting the youth for building enterprises-160,000 startups and 117 unicorns-that compete on the global stage, Thakur said, «Over the past decade, India has risen from the 'Fragile Five' to one of the world's top five economies; and in the next three years, we are set to become the third-largest economy.» Thakur was delivering the keynote address on the theme 'Empowering India's MSMEs for Global Leadership' at IDFC First Bank presents ET NOW Leaders of Tomorrow Awards Season 12. Arguing that Indian MSMEs must leverage capital markets to increase credibility, secure funding and scale up their businesses, Ashishkumar Chauhan, chief executive of NSE, said, «India's thriving capital market is an anomaly, as traditionally, only wealthy nations develop strong investment ecosystems.

LightStream makes our list twice, as Best Overall and Best for Large Loan Amounts. It hit the sweet spot in our scoring rubric: low APRs, a wide range of loan amounts, and a very wide range of repayment options. If you need a large sum, for a home improvement or a boat, LightStream lends up to $100,000. You’ll have up to 20 years to repay for specific loan uses (like home improvements).

Waaree Renewable Technologies Ltd (WAAREERTL) on Tuesday said a consortium of three firms including the company has secured an order worth Rs 740.06 crore for EPC work of a 125 MWAC solar project. The project is scheduled to be completed within 18 months from the date of signing of contract, a regulatory filing said.

Indian stock market will remain closed on Friday, March 14, 2025, in observance of Holi, the Hindu festival of colours. Trading will resume on Monday, March 17, following the extended weekend break, as per the holiday calendar issued by the National Stock Exchange (NSE) and the BSE. The closure will impact trading across all major segments, including equity, equity derivatives, securities lending and borrowing (SLB), electronic gold receipts (EGR), and currency derivatives.