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Inflation showed signs of cooling in February, offering some signs of relief for Americans who were squeezed by rising costs. The Consumer Price Index (CPI), a key measure of living costs, climbed 2.8 per cent compared to last year, with monthly growth slowing to 0.2 per cent down from January’s sharper 0.5 per cent jump and beating economists’ forecasts. Even the “core” inflation rate, which ignores food and energy prices, eased slightly to 3.1 per cent annually. While progress toward the Fed’s 2 per cent target remains uneven, the dip suggests some pressure is lifting, as per NY Times.

US tariffs and the global economy, the stock market has faced significant declines in recent days, leaving many Americans questioning the impact on their 401(k) retirement accounts. While experts urge calm, the situation presents different opportunities and risks depending on one’s age and proximity to retirement, as mentioned in a report by USA Today.

Subscribe to enjoy similar stories. Shares of India’s largest information technology (IT) service providers tanked Wednesday after at least three brokerages raised concerns about the industry’s growth recovery in FY26.

Donald Trump’s administration are watching Canada to get a preview of what happens when you hit back. Canadian officials have gone hostile in their responses to Trump’s trade war. Ontario Premier Doug Ford slapped a 25% charge on electricity exports to make power more expensive for people in New York and two other states — earning the president’s ire. Mark Carney, the incoming prime minister, called the US “a country we can no longer trust,” and said his new government will keep its retaliatory tariffs in place “until the Americans show us respect.” On Tuesday, the brinkmanship seemed to pay off: Trump started the day threatening to double tariffs on Canadian steel and aluminum to 50%, but by day’s end both sides had pulled back. Ford suspended the electricity tax, prompting Trump to say “I respect that” and drop the metals levy back to 25%. Trump’s tariffs on steel and aluminum — which came into force on US imports on Wednesday — drew a swift response from Canada and the European Union. The government in Ottawa announced new 25% counter-tariffs on about C$30 billion ($20.8 billion) of US-made items, while Brussels laid out countermeasures against US goods worth as much as €26 billion ($28.3 billion). But other metals-exporting countries including Japan and South Korea held off on any immediate retaliation. Even before that widening of the trade war, Mélanie Joly, Canada’s foreign minister, had issued a warning to other nations. Watch what Trump is doing to Canada, she said. “You’re next.”

U.S. tariffs and their potential impact on the global economy continued to dampen sentiment. The benchmark BSE Sensex lost 72.56 points or 0.10% to close at 74,029.76, while the broader Nifty 50 index closed at 22,470.50, lower by 27.40 points or 0.12%.

Subscribe to enjoy similar stories. The biggest single-day fall in the price of IndusInd Bank shares on Tuesday, 11 March, wiping out more than a quarter of its market value, raises a number of questions. The sharp sell-off followed the lender’s disclosure of accounting discrepancies related to its derivative trades, triggering a spate of analyst downgrades.

The retail portion of the issue was subscribed by 84%, while the issue was subscribed by 6% in the non-institutional investors category on the second day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.

Policybazaar, declined nearly 5% on Wednesday after the company's proposal to infuse Rs 696 crore in its healthcare arm failed to cheer investors. The scrip of PB Fintech tanked 4.70% to close at Rs 1,399.95 apiece on the National Stock Exchange (NSE). On the BSE, it fell 4.44% to settle at Rs 1,404.15 per share. In volume terms, 46.18 lakh equity shares of PB Fintech were traded on the NSE, and 1.23 lakh scrips exchanged hands on the BSE during the day.

Inditex Chief Executive Officer Oscar Garcia Maceiras said constantly changing news on tariffs and geopolitics was making it difficult to make long-term predictions, the latest business leader to highlight the impact of uncertainty as U.S. President Donald Trump overhauls trade and foreign policy.

Subscribe to enjoy similar stories. IndusInd Bank shares recovered on Wednesday after falling to its lowest level in one year as investors were reassured by statements made by its promoter Ashok Hinduja and CEO Sumant Kathpalia. The shares of the private sector lender had crashed by 27% on Tuesday after the bank disclosed discrepancies in accounting for foreign currency derivative trades over a period of five to seven years.

Aster DM Healthcare on Wednesday said its promoters have reduced their share pledge from 99 per cent to 41 per cent after completing a debt refinancing transaction from top-tier global financial institutions. As part of the refinancing process, the new lenders — JP Morgan, HSBC, and Barclays — provided fresh funding, enabling Aster DM Healthcare promoters to refinance its existing loans at better terms as well as loan-to-value, the company said in a statement. «The reduction in Aster's pledged shares is a significant testament to our financial strength as promoters, especially in light of the volatile global market conditions,» Aster DM Healthcare Founder and Chairman Azad Moopen said.

U.S.-Canada tariff war has taken a deliciously petty turn, and this time, the battlefield is not the political stage but the sandwich board of a Canadian café. In response to President Donald Trump’s latest round of economic threats—and his bizarre proposal to make Canada the 51st U.S. state—a local eatery has introduced a culinary masterpiece that has the internet howling: The Trump Sandwich. So, what’s inside this politically seasoned delicacy? According to the café’s chalkboard menu, it’s served on “White Bread, Full of Baloney, with Russian Dressing and a Small Pickle.” The not-so-subtle jab at Trump’s policies, persona, and alleged Russian ties has turned the sandwich into an instant internet sensation.

The European Union launched countermeasures on Wednesday against new U.S. metals tariffs, with plans to impose its own duties on up to €26 billion (US$28.3 billion) worth of American goods.

Pension funds that were buoyed by soaring stock markets and growing economies that helped produce double-digit returns last year are now being challenged by the escalating trade war between the United States and Canada that is spilling out globally.

Subscribe to enjoy similar stories. Emami Ltd is tweaking its playbook to stay ahead. It is betting big on urban expansion, cutting back its dependence on general trade and doubling down on modern retail.

Robert Kiyosaki of 'Rich Dad Poor Dad' fame has sounded an alarm on the ongoing stock market correction warning investors that the «crash» could be the biggest in the history of US markets and could surpass the one seen in 1929 which led to the Great Depression. On Tuesday, Kiyosaki tweeted, «THE EVERYTHING BUBBLE is bursting. I am afraid this crash may be the biggest in history. Germany, Japan, and America have been the engines up to now. Unfortunately our incompetent leaders led us into a trap….giant crash. I wrote about this crash in my book RICH DAD’s PROPHECY. This crash is going to be bigger than the 1929 Crssh…. A crash that led to the Great Depression».

Gross Domestic Product (GDP) growth is projected to exceed 6.5% in the fiscal year ending March 2026, said Moody’s Ratings in its latest Banking System Outlook – India report, released on Wednesday. The agency attributed this growth to increased government capital expenditure, tax cuts, and interest rate reductions. Moody’s report highlighted that India’s economy is set to recover from a cyclical slowdown. The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant tax relief under the new tax regime, exempting income up to Rs 12 lakh from taxation. The measures are expected to boost consumption and contribute to overall economic expansion. “India’s economic growth will pick up from a cyclical slowdown,” the report noted. Government spending and monetary easing are anticipated to support GDP growth, with Moody’s forecasting real GDP expansion of over 6.5% in FY26, up from 6.3% in FY25. The finance ministry’s Economic Survey has projected GDP growth in the 6.3%-6.8% range for the next fiscal, while official estimates indicate 6.5% growth for the current year.

Reserve Bank of India (RBI) has asked the IndusInd Bank board to propose names of two external candidates for the positions of Chief Executive Officer and Chief Operating officer, according to sources familiar with the matter. This development comes after the banking regulator last week approved a one-year extension for Sumant Kathpalia’s reappointment as CEO. Kathpalia’s term, originally set to end on March 24, 2025, will now conclude on March 23, 2026. RBI & IndusInd Bank did not respond to an email query seeking clarification.

Narendra Modi on Wednesday announced an ambitious vision for the overall growth and development of the Global South. Modi said the "MAHASAGAR" or "Mutual and Holistic Advancement for Security and Growth Across Regions" will bring growth security.

Subscribe to enjoy similar stories. There are two silver linings to the current stock slump for bullish investors. When the stock market drops, investors may feel like the sky is falling.