THE HEAVY
Indian bond yields flattish, traders eye state debt sale
Indian government bond yields remained mostly steady with the benchmark 10-year yield at 6.6932%. Investors' focus is on the state debt auction, with states looking to raise 521.20 billion rupees, and the Reserve Bank of India's bond purchase worth 500 billion rupees.
Japan's Nikkei touches near 3-week high on Wall Street gains, trading firms jump
Japan's Nikkei share average increased by more than 1%, hitting a nearly three-week high driven by Wall Street gains and strong performance from trading firms. Despite crossing the 38,000 mark, the index struggled to maintain it due to lingering concerns over U.S. tariff policies.
PDP Shipping IPO listing today. Check GMP ahead of the debut
PDP Shipping and Projects shares debut on the BSE SME platform following a fully subscribed IPO that raised approximately Rs 13 crore. The company, specializing in logistics and transport solutions, will utilize the funds for long-term working capital and general corporate purposes.
AAI examining DIAL's inputs on canopy collapse at old terminal
The Airports Authority of India is reviewing DIAL's inputs on the investigation report regarding the forecourt canopy collapse at Terminal 1 of Delhi airport in June 2024. The incident, caused by heavy rain, resulted in one death and injuries to six people. A compensation of Rs 20 lakh has been given to the deceased's family.
Trump administration takes aim at Biden electric vehicle rules
The U.S. Environmental Protection Agency is initiating efforts to reverse the Biden administration's vehicle emissions rules, which mandate a higher production of electric vehicles. This includes reconsidering rules that would significantly reduce passenger and heavy-duty truck emissions, as well as evaluating the 2024 regulations projected to cut tailpipe emissions by 50% by 2032.
Poonawalla Fincorp launches CV loans business for Tier-2,3 markets
Poonawalla Fincorp Ltd has launched secured loans for commercial vehicles, targeting both new and old models. Initially operating in 68 locations across 12 states, the company plans to expand to 400 locations across 20 states. The loans are aimed at enhancing transportation capabilities for small, light, and heavy vehicle operators, with simplified documentation and flexible payment options.
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Japan's Nikkei ends higher as Wall Street surge boosts sentiment
Japan's Nikkei share average increased almost 1% on Monday, boosted by last week's significant gains in U.S. stocks and a U.S. Congressional decision that avoided a government shutdown. Notable gains were seen in semiconductor and defense stocks as investors adjusted their strategies based on improved market sentiment.
Fires and a burnt wallaby at St Patrick's Day celebrations in Dunedin University
St Patrick's Day celebrations at Dunedin University in New Zealand sparked controversy with reports of binge drinking, vandalism, and an incident involving a burnt wallaby. Students participated in the “six before six” challenge, consuming alcohol early in the morning. The area saw litter, broken glass, and burnt couches. Police are investigating the fires and the wallaby incident.
Asian stocks rise on China hopes, US futures slip
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%.
"Perpetrators will not be spared": Madhya Pradesh CM Mohan Yadav on Mauganj violence
Madhya Pradesh CM Mohan Yadav termed the Mauganj incident, resulting in the death of ASI Ramcharan Gautam, as unfortunate and assured that the culprits would face strict action. The situation is under control, with senior police officers on the scene and injured officers receiving treatment.
MLAs across party lines express concern over illegal mining in Jammu & Kashmir
Legislators in Jammu and Kashmir raised alarms over illegal, large-scale mining in the region's rivers and canals, fearing threats to agriculture and flood risks. Concerns were highlighted about non-local companies using heavy machinery, damaging the ecosystem and impacting local livelihoods. Lawmakers demand a review of the mining and e-tendering processes.
Russia and Ukraine trade overnight aerial attacks after Putin sets out conditions for ceasefire
Russia and Ukraine exchanged heavy drone attacks overnight following proposed ceasefire talks. Russian forces targeted energy infrastructure in Ukraine, while Ukrainian troops maintained their positions in Russia's Kursk region. Both countries experienced significant damage, complicating diplomatic efforts to end the conflict.
Days after Jaffar train hijack, militants launch suicide attack on Pakistan military base, many killed
Tehrik-e-Taliban Pakistan (TTP) claimed responsibility for a suicide attack on the Jandola military camp in Tank District, Khyber Pakhtunkhwa. The attack, near the Frontier Corps camp in South Waziristan, involved a vehicle explosion after militants attempted to storm a checkpost, but were repelled by security forces.
Security forces foil terror attack on checkpost, kill 10 militants in northwest Pakistan
Pakistani security forces thwarted a terrorist attack on a checkpost in Khyber Pakhtunkhwa, killing 10 militants after a suicide bombing near the Frontier Corps camp. The failed attack occurred following a high-profile hostage situation in Balochistan, amid a surge in terror attacks in January 2025.
Quitting alcohol leads to rise in 'bad' cholesterol, finds a decade-long study
A study in Japan tracked individuals for 10 years and found that quitting alcohol increased 'bad' cholesterol and decreased 'good' cholesterol levels. Those who started drinking experienced modest cholesterol improvement. Experts raised concerns about the study's methodology. They noted that the health benefits of moderate drinking have been questioned in recent research.
Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050
The pledge is expected to gain more support over the coming months from industries including maritime, aviation and oil and gas, said the World Nuclear Association (WNA), the nuclear industry group that facilitated the pledge, in a press release. The pledge adds on to the vow from over 30 countries, which also aimed to triple capacity by 2050 in 2023.
Kerala weather update: Yellow alert for rainfall issued in Wayanad, Malappuram; Temperature to rise across the state
The Meteorological Department has issued a yellow alert for Malappuram and Wayanad districts in Kerala for potential summer showers on Wednesday. Heavy rain and high temperatures are forecasted across various districts, with temperatures potentially reaching up to 38 degrees Celsius in some areas. The public is advised to be cautious of heatstroke risks.
Jammu and Kashmir weather update: Rain and snow recoded in several parts of the valley even as temperatures remain above normal
Jammu and Kashmir is experiencing wet weather with fresh snowfall in higher altitudes and heavy rainfall in many parts. The temperature has dropped, affecting normal activities. The weather department expects intermittent rain or snow until Sunday. Tourists should follow traffic advisories, and farmers are advised to halt activities until March 18.
India weather update: Rain predicted in 18 states including Delhi, Kerala and northeast, Gujarat to witness heatwave
Several parts of India will experience rainfall due to two cyclonic circulations. Northern India, including Jammu Kashmir, Himachal Pradesh, and Uttarakhand, will see precipitation. Eastern and northeastern states like Bihar and West Bengal will also receive heavy rain. In the south, Kerala and Tamil Nadu are forecasted to have rainfall too. This will continue until March 15.
5G wins hands down at Maha Kumbh
Overall 5G performance metrics—be it data speeds, video playback or even page load time—stole a march over 4G even during heavy network congestion, it added. Though 4G coverage was functional throughout the event, its higher latency and slower response times versus 5G made it less effective for web browsing and video streaming at the mega spiritual event.
Yellow alert for heavy rain, snow in Himachal on Friday: IMD
A 'yellow' alert has been issued in Himachal Pradesh for heavy rain and snow, with light rain and snowfall already occurring in some areas. Heavy rain and thunderstorms are expected in Kangra, Kullu, and Mandi districts, and heavy snow in Lahaul and Spiti district on Friday. Rain and snow are likely in various regions from March 11 to 17.
Gold Price Today: Yellow metal prices surge by Rs 260/10 gm in a week, silver up by Rs 560/kg
Gold and silver futures opened higher on MCX, recovering from Monday’s losses amid global market sell-offs and recession fears. Volatility is expected due to the US trade war and inflation data. Analysts suggest selling gold on a rise. Physical gold prices vary across cities, with Delhi having the highest rates.
Holi weekend travel from Bengaluru, Hyderabad, Chennai, Pune and Delhi NCR: Check out IMD weather forecast for Karnataka, Tamil Nadu, Goa, Himachal Pradesh and Kerala
With the upcoming Holi weekend, travelers are advised to monitor the weather forecast closely. The India Meteorological Department has issued guidelines to avoid traffic congestion and waterlogging-prone areas. Different regions may experience hot and humid conditions, rainfall, and even snowfall, impacting travel plans.
Industrial analytics startup Infinite Uptime raises $35 million from Avataar Ventures, others
New York-based funds StepStone Group and LGVP, besides existing investors Tiger Global and GSR Ventures, participated in the funding round for the company that helps manufacturers reduce maintenance downtime at their facilities.
Tamil Nadu Weather: IMD issues rain alert for Chennai, heavy rain warning for 12 districts
Tamil Nadu Weather Forecast: Several districts of Tamil Nadu have been issued orange and yellow rain alerts due to a cyclonic circulation. Light to moderate rain in parts of Chennai today; drier weather from March 13. Affected areas include Virudhunagar, Sivaganga, and others, with heavy rain and thunderstorms expected. Precautions are advised, and school holidays are being considered.
Ladki Bahin weighs heavy as Ajit Pawar presents Rs 7 lakh crore budget
Maharashtra's finance minister Ajit Pawar highlights the strain on state finances due to pre-election promises such as the Ladki Bahin Yojana. The scheme's payouts are set to increase, and new taxes on vehicles have been introduced to boost revenue. The budget's focus on previously announced schemes drew criticism from the opposition.
IMD issues 'yellow' alert in Himachal, heavy rain likely in 4 districts on Friday
The India Meteorological Department has issued a 'yellow' alert for heavy rains in Himachal Pradesh's Hamirpur, Chamba, Kangra, and Mandi districts. Thunderstorms and lightning are predicted at isolated places from Monday to Friday. Snowfall is expected in the higher regions, including Lahaul-Spiti and Kinnaur districts, while police have advised caution near Rohtang due to snowfall near the Atal Tunnel.
Skill-free, risk-heavy: What you need to be aware about opinion trading platforms
Cricket season is here, and so are the many apps masquerading as skill-based gaming platforms. Here’s what you should know about opinion trading, and what India should do to rein in unregulated betting.
BHEL shares in focus amid legal win, fresh arbitration case
In a recent decision, the Delhi High Court upheld an Interim Award in favor of BHEL, directing RattanIndia Power Ltd. to pay Rs. 115 crores, along with an 18% annual interest, starting from July 27, 2017.
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