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wholesale inflation quickened to 2.38 per cent in February on an annual basis, as against 2.31 per cent in January, government data showed on Monday. As per data released by the centre earlier this month, India’s retail inflation eased to a seven-month low of 3.61% in February, down from 4.31% in January. The decline was largely driven by lower food prices, with food inflation—comprising nearly half of the Consumer Price Index (CPI) basket—falling to 3.75% in February from 5.97% in January. ALSO READ:India’s retail inflation eases to a seven-month low of 3.61% in Feb, thanks to cooling food prices

Zydus Lifesciences shares surged nearly 2% to Rs 899.40 on the BSE on Monday after the company received final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets (75 mg and 100 mg). Eluxadoline, a mu-opioid receptor agonist, is used to treat irritable bowel syndrome with diarrhea (IBS-D) in adults. The tablets will be manufactured at Zydus Lifesciences' SEZ facility in Ahmedabad, the company said in an exchange filing.

deportation of Dr. Rasha Alawieh, a kidney transplant specialist and professor at Brown University’s medical school, has sparked concerns about the treatment of H-1B visa holders under the Trump administration. Despite holding a valid H-1B visa and a federal court order temporarily blocking her removal, Alawieh was deported, raising questions about the future of employment-based visas in the United States. Dr. Alawieh, a Lebanese citizen, was detained at Boston Logan International Airport after returning from a family visit to Lebanon. She was held for 36 hours before being put on a flight to Paris, even though US Customs and Border Protection (CBP) had been ordered to give 48 hours' notice before any such action. CBP has not provided an explanation for why the court order was disregarded. Legal representatives for Dr. Alawieh and her cousin, Yara Chehab, have filed cases against senior Trump administration officials, including Homeland Security Secretary Kristi Noem and Secretary of State Marco Rubio, seeking answers on whether her deportation signals a policy shift against H-1B visa holders.

Subscribe to enjoy similar stories. America’s biggest retailers are deploying every weapon they have to navigate President Trump’s fast-escalating trade war, from leaning on suppliers for discounts to finding alternate product sources. In some cases, that includes price increases for consumers.

IndusInd Bank with an unchanged target price of Rs 850. The current market price of IndusInd Bank is Rs 678.55. IndusInd Bank, incorporated in 1994, has a market cap of Rs 52628.84 crore. IndusInd Bank's key products/revenue segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2024.

Tejas Networks shares will be in focus on Monday after the company received Rs 123.45 crore from the Ministry of Communications, Department of Telecommunications, as an incentive under the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products for FY24. «We would like to inform you that Tejas Networks Limited (the Company) has on March 12, 2025, received an amount of Rs.123.45 Crores from the Ministry of Communications, Department of Telecommunications — New Delhi, towards incentive for the financial year 2023-24 under the PLI (Production Linked Incentive) Scheme for Telecom and Networking Products,» the company said in an exchange filing.

China's economy showed a modest pickup for the first two months of the year, according to data published Monday by the National Bureau of Statistics, as Beijing reiterated its plan to bolster domestic consumption.

Trump administration has transferred hundreds of immigrants to El Salvador even as a federal judge issued an order temporarily barring the deportations under an 18th century wartime declaration targeting Venezuelan gang members, officials said Sunday. Flights were in the air at the time of the ruling. U.S. District Judge James E. Boasberg issued an order Saturday temporarily blocking the deportations, but lawyers told him there were already two planes with immigrants in the air — one headed for El Salvador, the other for Honduras. Boasberg verbally ordered the planes be turned around, but they apparently were not and he did not include the directive in his written order. White House press secretary Karoline Leavitt, in a statement Sunday, responded to speculation about whether the administration was flouting court orders: «The administration did not 'refuse to comply' with a court order. The order, which had no lawful basis, was issued after terrorist TdA aliens had already been removed from U.S. territory.» The acronym refers to the Tren de Aragua gang, which Trump targeted in his unusual proclamation that was released Saturday In a court filing Sunday, the Department of Justice, which has appealed Boasberg's decision, said it would not use the Trump proclamation he blocked for further deportations if his decision is not overturned.

NASA and Elon Musk-owned SpaceX are preparing for the return of the Crew-9 mission from the International Space Station (ISS), targeting an earlier-than-expected evening touchdown on Tuesday, March 18, 2025. After evaluating weather conditions off Florida’s coast on Sunday, mission managers decided to aim for an earlier return than originally planned, with favourable conditions expected. The new timing still allows the astronauts to complete their handover duties aboard the ISS and offers a bit of flexibility in case weather conditions worsen later in the week. The Crew-9 astronauts—NASA’s Nick Hague, Suni Williams, and Butch Wilmore, along with Roscosmos cosmonaut Aleksandr Gorbunov—have spent several months conducting important research on the ISS. As such, their return will include bringing back valuable scientific data gathered during their mission. Williams and Wilmore have been stranded on the ISS for nine months due to technical issues and several unsuccessful attempts to bring them back.

Subscribe to enjoy similar stories. Here are five stock picks for 17 March, as recommended by market experts Ankush Bajaj and MarketSmith India. Buy at: ₹332 | Target: ₹345-348 | Stop loss: ₹323 The stock is consolidating in the ₹340-305 range.

market’s recent decline as healthy. Stocks rose in Australia, Japan and South Korea in early Monday trade, with futures in Hong Kong also pointing to a higher open. The gains came after the S&P 500 jumped 2.1% Friday as the government avoided a shutdown, while the tech-heavy Nasdaq 100 advanced 2.1%. The Golden Dragon index rose 2.7% with Chinese authorities set to announce measures to boost consumption on Monday. The dollar was steady.

The Houthi-run Health Ministry said the overnight U.S. strikes killed at least 53 people, including five women and two children, and wounded almost 100 in the capital of Sanaa and other provinces, including Saada, the rebels' stronghold on the border with Saudi Arabia. «We're not going to have these people controlling which ships can go through and which ones cannot. And so your question is, how long will this go on? It will go on until they no longer have the capability to do that,» Secretary of State Marco Rubio told CBS on Sunday. He said these are not the one-off retaliation strikes the Biden administration carried out after Houthi attacks. President Donald Trump on Saturday vowed to use «overwhelming lethal force» until the Houthis cease their attacks, and warned that Tehran would be held «fully accountable» for their actions. The Houthis have repeatedly targeted international shipping in the Red Sea, sinking two vessels, in what they call acts of solidarity with the Palestinians in Gaza, where Israel has been at war with Hamas, another Iranian ally.

US stock market and Wall Street investors look for hints about further Federal Reserve interest rate cuts that could restore some calm to S&P 500, Dow Jones, and Nasdaq Composite, as per a report. A weeks-long slide in stocks accelerated in recent days with the benchmark S&P 500 on Thursday confirming it was in a correction, ending down over 10 per cent from its February 19 record high. While stocks ended the week on a positive note, with the S&P 500 rebounding sharply on Friday, the decline had wiped off more than $4 trillion in market value, with some of Wall Street's highest fliers such as Nvidia and Tesla getting pummeled, Reuters reported. Some prominent strategists have become more downbeat on the outlook for the economy and for U.S. stocks. Goldman Sachs dropped its 2025 year-end target for the S&P 500 to 6,200 from 6,500, while Yardeni Research lowered its «best-case» target for the index to 6,400 from 7,000. The S&P 500 ended on Friday at 5,638.94, as per the report on Reuters. Volatility has been rising with the Cboe Volatility index this week hitting its highest level since August before receding somewhat. Tariff news is still likely to be at the forefront for markets in the coming week, with analysts saying the levies could bite into corporate profits and drive up consumer prices.

Subscribe to enjoy similar stories. New Delhi: India's electrification push in public transportation is slowing, with electric bus sales in FY25 set to show only a nominal increase compared with the year before. Electric bus sales have failed to make significant inroads into the tradition diesel-powered bus market over the past few years.

Abu Qatal’s death, which occurred on the night of Saturday in Pakistan’s Jhelum, has made headlines, as he was involved in some of the most devastating terror attacks in Jammu and Kashmir. He was also a close aide to 26/11 Mumbai attacks mastermind Hafiz Saeed. Also known as Qatal Sindhi, he was a senior member of the Lashkar-e-Taiba (LeT) terror group and one of its most wanted terrorists. A key figure with close ties to Saeed, Qatal's activities were far-reaching, and his death is seen as a major blow to the terror network.

Nifty IT has entered a bear market amid concerns of a US slowdown, breaking key technical supports, including the widening wedge pattern and the 61.8% Fibonacci retracement level. «Last time when a similar downside happened in Nifty IT in April 2000, we saw 44% fall since the break of Fibonacci golden ratio. Similar breakout favoring downsides are seen in heavyweights like Infosys, Wipro, HCL Tech, LTIMindtree and Tech Mahindra which are expected to trigger more downsides in the index,» said Anand James, Chief Market Strategist, Geojit Financial Services.

bio-enhanced curcumin, the active compound in turmeric (haldi), can effectively treat mild to moderate dry eye disease (DED), reported The Times of India. DED occurs when the eyes fail to produce enough quality tears for proper lubrication. Published in the Indian Journal of Ophthalmology, the research highlights curcumin’s positive impact on improving tear film stability, lipid layer thickness, tear meniscus height, and reducing eye redness.

Donald Trump launched a full-fledged large-scale military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, killing at least 24 people at the start of a campaign expected to last many days. At least 21 people were killed after Trump ordered large scale military strikes against Houthis on Saturday. The action follows the group's attacks on Red Sea shipping, which Trump vowed to stop, warning that «hell will rain down» on the Houthis if they continue.

The attacks comes less than 24 hours after Russian President Vladimir Putin met with U.S. envoy Steve Witkoff to discuss details of the American proposal for a 30-day ceasefire in the war with Ukraine. Putin told a press conference on Thursday that he supported a truce in principle but set out a host of details that need to be clarified before it is agreed. Kyiv has already endorsed the truce proposal, although Ukrainian officials have publicly raised doubts as to whether Moscow will commit to such a deal. Speaking to reporters in Kyiv on Saturday, after virtual talks between Western allies hosted by U.K. Prime Minister Keir Starmer, Zelenskyy voiced Ukraine's support for the 30-day full ceasefire proposal to discuss a longer-term peace plan, but said Russia would attempt to derail talks with conditions and «buts». Starmer has told allies to «keep the pressure» on Putin to back a ceasefire in Ukraine, hailing Ukraine as the «party of peace.» Starmer said Putin will «sooner or later» have to «come to the table.

According to State Department spokeswoman Tammy Bruce, the top diplomats «agreed to continue working towards restoring communication between the United States and Russia.» The statement gave no details on when the next round of US-Russia talks, which are being hosted by Saudi Arabia, would begin. Rubio also updated Lavrov on military activity in the Middle East, where US forces carried out deadly strikes Saturday against Huthi rebel targets in Yemen, the statement said. Despite recent tensions between President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky, Kyiv has agreed in principle to a US-brokered 30-day unconditional ceasefire if Moscow halts its attacks in eastern Ukraine.

Skoda Auto's India unit is targeting 2026 sales of more than 100,000 vehicles, which will be more than twice its annual sales in recent years. That number may still seem small when compared with the sales volume of Maruti Suzuki, the local market leader that sells one and a half times as many cars and SUVs each month in India. But in a market where European automakers have long been pushed to the sidelines by their Japanese, Korean and local rivals, the Skoda target is a formidable one. Skoda and other European mass-market brands like Volkswagen, Renault and Citroen are trying to carve out a space for themselves in the crowded but fast-growing Indian market through strategic positioning and niche offerings with premium features, latest technology and competitive pricing. «The Indian automotive landscape is experiencing nuanced shifts, even with Japanese brands holding a strong lead. These shifts signal growing opportunities for global players to respond to evolving consumer preferences,» said Ravi Bhatia, president at Jato Dynamics.