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$5,000 stimulus checks in their bank accounts, because of the DOGE dividend proposal. The plan, which is being considered by the Trump administration, would give 20% of the savings from DOGE to taxpayers in the form of $5,000 checks, The Sun reported. Billionaire Elon Musk, the driving force behind DOGE, or the Department of Government Efficiency to reduce federal expenditure, has pledged to save US taxpayers $2 trillion, according to reports. The suggestion to return part of these savings to American consumers was initially brought forth by James Fishback, the CEO of investment firm Bay West Capital and has gained the attention of US president Donald Trump and Musk.

Subscribe to enjoy similar stories. The US-India economic partnership is the envy of many. But our joint mission of achieving $500 billion in bilateral trade by 2030 stands on shaky ground.

Subscribe to enjoy similar stories. India’s auto industry is booming, with annual vehicle sales surpassing 4 million, making it the world’s third-largest car market. The Nifty Auto Index has surged, delivering a 36% compound annual growth rate (CAGR) from pandemic lows, significantly outperforming the broader Nifty 50.

Bharat Electronics Ltd (BEL), marks a significant shift towards self-reliance in defence technology. These LLTRs, designed and developed by the Electronics & Radar Development Establishment of DRDO, will be the first indigenous radar systems of their kind for the IAF, replacing previously imported equipment. The system is expected to strengthen India’s ability to track aerial threats, ranging from high-speed fighter jets to slow-moving drones and helicopters.

Subscribe to enjoy similar stories. Sun Pharmaceutical Industries Ltd’s latest acquisition of US-based Checkpoint Therapeutics, Inc. is good news for its speciality business–an area of focus.

Life Insurance Corporation of India (LIC) looks inexpensive, domestic brokerage firm Kotak Institutional Equities has maintained a ‘buy’ call on the stock, revising its target down to Rs 1,175 from an earlier Rs 1,250, to reflect a lower investment return following the recent correction in equities. “The correction in equities and a severe slowdown in business, following the surrender value guidelines, continue to weigh on the prospects of LIC. Trends in (equity) markets have high sensitivity and drive over 50% of its EV. The slowdown in APE and management’s stance on dealing with the same are monitorable. Inexpensive valuations support our BUY rating,” said the domestic brokerage firm.

New Zealand police on Thursday (March 13, 2025) arrested two people and charged one of them in the case involving two schools which had received threat emails. Police launched an investigation to trace the threat email and zeroed in on an address in Māngere East. The officers then arrested a 20-year-old man and a woman. The man was later charged with the possession of a firearm. According to a New Zealand news portal, acting Counties Manukau District Commander Inspector Alison Brand informed that the duo taken into custody did not offer any resistance when they were confronted by the officers. «Investigation staff have been speaking with both of these individuals throughout the day. This is still very much an active investigation and we are limited in further comment at this stage,» said Brand. “Police have now charged a 20-year-old man with a firearms offence. This relates to a firearm located at a different property," she added. Police will produce the man before the Manukau District Court on Friday and may press more charges against him. The entire operation was carried out after a search warrant issued at the address on Thursday morning.

Subscribe to enjoy similar stories. CG Power is riding India’s infrastructure boom. The engineering giant just secured a ₹450 crore contract to supply key components for the Vande Bharat trainsets—pushing its stock higher and solidifying its growing dominance in the railway sector.

Axis Securities has an overweight call on Lupin with a target price of Rs 2500. The current market price of Lupin Ltd. is Rs 1959. Lupin, incorporated in 1983, is a Large Cap company with a market cap of Rs 90156.51 crore, operating in the Pharmaceuticals sector. Lupin's key products/revenue segments include Pharmaceuticals, Other Services, Export Incentives, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.

Polycab shares will be in focus on Thursday after the company secured a Rs 3,002.99 crore contract from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in Bihar. Under the agreement, Polycab will serve as the Project Implementation Agency (PIA), overseeing the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network.

The Nifty future closed in the negative with a loss of 0.17% at 22527 levels on Wednesday. India VIX fell 2.7% to close at 13.69 in the previous session.

Subscribe to enjoy similar stories. A new fear is gripping Wall Street: The economy may go into reverse while tariffs keep consumer prices too hot. Concerns over “stagflation"–a destructive combination of poor growth and rising prices that befuddle policymakers’ attempts to intervene–are dropping the floor from under stocks and sending investors to the safety of U.S.

Subscribe to enjoy similar stories. Retail inflation in February eased to under the Reserve Bank of India’s (RBI) 4% target for the first time in six months, government data released on Wednesday showed. The consumer price index was up only 3.6% from the same month in 2024.

Home First Finance is likely to launch a qualified institutional placement (QIP) next week to raise up to ₹1,250 crore, according to people familiar with the development. The development follows Hitachi Energy's successful ₹2,000 crore fundraising earlier this week, breaking a one-month dry spell in QIPs. Home First Finance plans to use the proceeds to expand its loan portfolio and strengthen its asset base. The company had announced in January that additional capital was required to meet its future business goals. Its assets under management, which stood at ₹11,949 crore at the end of December 2024, are targeted to grow to ₹20,000 crore by the end of March 2027.

Pakistan security forces on Wednesday claimed to have rescued at least 155 passengers and killed 27 Baloch rebels as the rescue operation continues into the second day after terrorists hijacked the Jaffer Express train near Balochistan’s Bolan district. Pakistan Railway officials said that around 750 passengers had booked to travel by the Jaffar Express, but the train left Quetta with around 450 people onboard. Sources said that over 200 security personnel were also travelling on the same train. Balochistan is experiencing its worst phase of insurgency of all the four phases it has witnessed since 1948, a security expert told ET. This phase could be the defining moment in Balochistan’s history and its fight with Punjabi-dominated Pakistan governance structure. The daring nature of the hijack reflects a major Intelligence failure of the ISI and Pakistan Army, a source pointed out. Chinese reaction to the incident will be keenly watched. The Baloch Liberation Army (BLA) has threatened to execute ten Pakistani hostages following drone strikes and artillery shelling by Pakistani forces amid the ongoing hostage crisis in Balochistan’s Bolan district.

The Nifty IT index fell 2.9%, while the benchmark Nifty ended 0.1% lower Wednesday.

Subscribe to enjoy similar stories. New Delhi/Mumbai: The back-to-back marketing agreements signed by Starlink with Bharti Airtel and Reliance Jio has finally paved the way for launch of the Elon-Musk-owned satellite internet provider’s services after an initial attempt four years ago.

Subscribe to enjoy similar stories. • Kolte Patil: Buy above ₹341, stop ₹332; target ₹360-366 This real estate counter, after undergoing a lot of volatility, is showing signs of bottoming out. The last few days have been displaying long-body bullish candles in this uncertain market, which has pushed the prices above the bands.

Subscribe to enjoy similar stories. Gabriel India Ltd: Buy at ₹532.55 | Target ₹600-620 | Stop loss ₹490 On the daily chart, the stock's Relative Strength Index (RSI) is trading above 60, and it is also trading above major EMAs. On the hourly chart, the stock has given a rectangle breakout around the 520 level.

Subscribe to enjoy similar stories. Trading started on Wednesday with some apprehension but the strong resurgence by the bulls surprised the bearish camp. Taking some strength from the sharp upward traction for the entire last week, there's a bullish resurgence.

Inflation receded in February on the back of easing price pressures for consumer staples like gasoline, groceries and housing, amid worries that President Donald Trump's tariff policies could stall progress.