WhatsApp Financial News

Mahindra Lifespace Developers Ltd.(up 1.74 per cent) were among the top gainers.

Manglam Group will invest INR 1,000 crore over the next five years to expand its hospitality business in Rajasthan to cater to rising demand for premium hotels. Jaipur-based Manglam Group has already developed 'Westin Jaipur Resort', a 150-room luxury property on the Delhi-Jaipur Highway. The property will soon open to the public. To expand its hospitality business, the company plans to invest INR 1,000 crore over the next five years. In a statement on Monday, Manglam Group said it has started work on its second hospitality project in Jaipur comprising about 200 rooms. This new hotel will be a part of a mixed-use development in Jagatpura and will be managed by a global brand.

The Solid Waste Management fee will be determined by the built-up area of residential properties, as per ANI. For properties up to 600 sq ft, resident owners will pay Rs 10 per month; from 600–1,000 sq ft one will have to pay Rs 50 per month; Rs 150 per month for built up area of 2,000–3,000 sq ft; Rs 200 per month from 3,000–4,000 sq ft; and finally Rs 400 per month above 4,000 sq ft. The plans were announced in the municipal body's budget on Saturday, which proposed to collect a solid waste management user fee along with property tax from the year 2025-26. Prepared under the «Brand Bengaluru» concept, the BBMP budget has an outlay of about Rs 19,930 crore, an almost 50 per cent increase from the previous fiscal year.

Udhampur-Srinagar-Baramulla Rail Link (USBRL) project will significantly reduce travel time between Katra and Srinagar. The new Vande Bharat Express will cut down the travel time from the current 6-7 hours by road to just 3 hours. «The Vande Bharat Express train will cut the Katra-Srinagar journey to just 3 hours, compared to the current 6-7 hours by road. At present, train services run between Srinagar and Sangaldan in the valley. Once the railway line from Sangaldan to Katra becomes operational, these trains can be extended to Katra,» he said. Upadhyay said that the USBRL project Qazigund-Baramulla section was started in the year 2009.

«People are asking me to run,» Trump told reporters in the Oval Office when asked about the possibility of a third term. «I don't know. I never looked into it. They do say there's a way you can do it, but I don't know about that, but I have not looked into it,» Trump said. Trump was asked about the prospect of a race pitting him against former president Barack Obama, who served two terms. «That would be a good one, I'd like that,» Trump said.

NHPC will be in focus on Tuesday after it announced that it has begun the commercial supply of 600 MW of electricity from three units of the Parbati-II hydro project in Himachal Pradesh, effective April 1. The Parbati-II project consists of four 200 MW units, and the trial run and commercial operation date (COD) for the remaining Unit-4 will be announced in due course, according to a regulatory filing.

«An exchange of fire between security forces and terrorists started late last night in the Billawar area of Kathua after security forces launched a massive search and cordon operation in the area,» the Jammu and Kashmir Police said. The security forces have cordoned off the area, and a search operation is currently underway to track down the terrorists. Further details are awaited as the operation continues. On Monday, the security forces intensified their actions against terrorists in Jammu and Kashmir's Kathua. According to Shiv Kumar Sharma, DIG, Jammu-Samba-Kathua range, the operation to track down terrorists in the region is still on, due to which some people have also been detained by the police.

Prospective petitioners with selected beneficiaries have been notified and are now eligible to file H-1B cap-subject petitions. The status of each registration can be checked in the registrants’ online accounts, USCIS said in a statement. The filing period for FY 2026 H-1B cap-subject petitions begins on April 1, 2025. Only those with selected beneficiaries and a valid registration may submit petitions. Applications must be filed at the correct location or online through my.uscis.gov within the designated filing window, which will last at least 90 days.

market participants will turn their attention to global developments in the absence of major domestic triggers. The implementation of reciprocal tariffs from April 2 and its broader implications on global trade will be closely monitored. STATE OF THE MARKETS

At present, such individuals can buy into India's primary and secondary markets only through the foreign portfolio investor (FPIs) route.

Although some experts expect the rupee to be in the 87.50/$1 to 85.75/$1 range by December 2025, most economists are hesitant to put out a level due to tariff-related uncertainties.

Indian equities ended the financial year to March 31 on a positive note, but gains were modest against the previous fiscal year and compared with many other global markets. A wave of selling pressure from foreigners in the second-half of April-March eroded most of the gains, pushing indices to multi-month lows and denting overall sentiment. India, the world’s fifth-largest equity market in value, lagged behind more than six major global markets, including Hong Kong, Singapore, Germany, China, the UK, Taiwan and the US as foreign investors turned bearish on India on account of slowing growth concerns and expensive share valuations.

Cleveland Browns’ decision to trade for quarterback Deshaun Watson in 2022 has become a textbook example of how not to manage a franchise. Watson, acquired amid 26 sexual misconduct lawsuits (later settled), arrived with baggage that overshadowed his Pro Bowl past. His tenure began with an 11-game suspension, followed by erratic play and season-ending injuries—including a 2023 shoulder fracture and a torn Achilles in January 2024. Despite ranking among the NFL’s worst starters, the Browns stubbornly kept him on the field, driven by a desperate hope to justify trading three first-round picks and guaranteeing his $230 million contract. At the NFL’s annual spring meetings, owner Jimmy Haslam finally admitted the trade was a mistake—a sentiment fans and analysts had echoed for years. Critics argue the organization prioritized sunk costs over accountability, damaging its reputation while wasting prime seasons. Dee Haslam, Jimmy’s wife and co-owner, pointed to Watson’s injuries as a key factor in his downfall, though many saw this as deflection from deeper organizational flaws.

Chirag Paswan's Lok Janshakti Party (Ram Vilas) on Monday blamed his estranged uncle and political rival Pashupati Kumar Paras for alleged mistreatment meted out to his late father's first wife. According to LJP(RV) state president Raju Tiwari, the wives of Paras and his deceased younger brother Ram Chandra Paswan recently tried to evict Rajkumari Devi from their ancestral house in Khagaria district of Bihar. The Union minister's late father Ram Vilas Paswan had tied the knot with Rajkumari Devi more than 20 years before marrying his mother Reena, who was based in Delhi. According to Tiwari, «As soon as our national president learnt of the episode, he asked his nephew Prince Paswan to visit their ancestral village Sahar Banni and take stock of the situation.» «We have been told that the room allotted to Rajkumari Devi has been locked and she is being asked to leave. Paras, who claims to worship late Paswan, is behind the humiliation of bhabhi (sister-in-law), who is old and does not enjoy good health. But, we stand in her support,» said Tiwari. No complaint has, so far, been lodged with the police in this regard and Paras, who heads the Rashtriya Lok Janshakti Party, could not be reached for comments.

certificates of deposit (CDs) to meet the surge in credit demand in March. According to data from CDSL, banks raised ₹2.25 lakh crore through CDs in March 2025, nearly double of the ₹1.26 lakh crore in the same month the previous year. Experts attribute this surge in CD borrowing to tighter liquidity conditions and slower deposit growth amid rising credit demand. Notably, IndusInd Bank borrowed over six times its usual CD amount to counter deposit outflows, raising ₹16,550 crore in March 2025, compared with ₹2,500 crore in the same month last year. «Issuances of CDs by banks have accelerated in March owing to year-end asset liability management,» said Karan Gupta, head and director financial institutions, India Ratings. «We expect certificates of deposit issues to moderate in the June quarter owing to a sharp improvement in the liquidity conditions coupled with the seasonally generally soft demand for credit in the first quarter.»

Leo Puri has stepped down from the board of Tata Sons as an independent director, his second exit from a company's top decision-making body within a month. Officials close to the matter said that Puri's term has officially ended, and that he did not seek a renewal. About a fortnight ago, Puri resigned from the board of Hindustan Unilever, the country's biggest consumer goods company, as an independent director, citing increasing board commitments. He had then cited his proposed appointment to the board of a global entity among the reasons for his resignation. Tata Sons did not comment. Leo Puri was not reachable. Puri also serves as the chairperson and independent director on the board of Fortis Healthcare and as an independent director on the board of Dr Reddy's Laboratories.

Freight loading during the year crossed 1.61 billion tonnes, making India's railway network the second largest in terms of freight carried annually, overtaking the US, they said. China is the only country ahead of India in terms of cargo handled by the railway network. The year ended March 31 also saw the railways' capital expenditure utilisation marginally exceeding the budget estimates at more than ₹2.65 lakh crore, they said.

Kunal Kamra on Monday failed to appear before Khar police in connection with the case registered for his «traitor» jibe at Maharashtra Deputy Chief Minister Eknath Shinde, while a team went to his Mahim «home» to «check» his availability. The comedian later took a jibe at the police saying the visit was a waste of time and public resources as he had not been living there for the past 10 years.

Indian Bank on Monday announced an increase in lending rate linked to repo rate by 10 basis points to 9.05 per cent, making retail loans expensive. The Asset Liability Management Committee (ALCO) of the bank has reviewed the Marginal Cost of funds-based Lending Rate (MCLR), Treasury Bills Linked Lending Rates (TBLR), Base Rate, Benchmark Prime Lending Rate (BPLR) and Repo Linked Benchmark Lending Rates (RBLR) and decided for revision in TBLR, Base Rate, BPLR and RBLR, Indian Bank said in a regulatory filing. Repo Linked Benchmark Lending Rates (RBLR) has been raised to 9.05 per cent from the existing 8.95 per cent, it said. The lending rate hike comes despite the Reserve Bank cutting repo rate from 6.5 per cent to 6.25 per cent last month.

Mirwaiz Umar Farooq on Monday condemned the authorities decision to disallow Eid Prayers at Eidgah and historic Jama Masjid in Srinagar. Mirwaiz said that even at the peak of militancy in 1990's Eid prayers were offered at Eidgah but today when authorities make tall claims of 'normalcy' why are Muslims kept away from their religious places and practices. «I am deeply pained and strongly condemn the authorities decision to once again deny the Muslims of Kashmir the basic right to offer Eid prayers at the central Eidgah and Jama Masjid, which have been closed down,» said Mirwaiz. The Hurriyat leader said that the authorities didn't allow Shab e Qadr prayers and Jumma tul Vida prayers at Jama Masjid during the holy month of Ramazan. «Even at the peak of militancy during the 1990s, Eid prayers were offered at Eidgah, so now when huge claims of “normalcy” are made every day by the authorities, it is incomprehensible why Muslims are being kept away from their religious places and practices,» said Mirwaiz, asking, «What is the agenda behind such restrictions.»