Despite correction, India remains the second-most expensive Asian market

Market 16 min ago This is an AI assisted summary. India's expensive market has seen a decline in valuation due to the West Asia crisis, but its P/E remains higher than other Asian countries. Experts believe this is justified by the quality of its corporate balance sheets and return on equity, but ongoing crisis could impact earnings and lead to a reevaluation of India's valuation. Market is expected to remain expensive. Swipe up for next shorts 2 / 50 US tariff probe to now cover “forced labour” Economy 1 hr ago This is an AI assisted summary. The US has opened investigations against 60 countries, including India, to determine if they failed to stop the import of goods produced with forced labor. This comes after a previous investigation against India, EU, China, and others for building excess capacities for exports. Swipe up for next shorts 3 / 50 India-UK trade pact to come into force by April: Piyush Goyal Economy 2 hr ago This is an AI assisted summary. The India-UK Comprehensive Economic and Trade Agreement (CETA) will take effect in a month, making it the fastest agreement to be approved by the UK Parliament. The agreement, along with the Double Contribution Convention, will boost professional mobility and tariff liberalization between the two countries. Swipe up for next shorts 4 / 50 SEBI restricts AMCs’ intraday borrowing for only redemption Market 2 hr ago This is an AI assisted summary. Sebi has issued strict guidelines for intraday borrowing by mutual funds, limiting it to redemption payouts and not for investment or leverage. The borrowing must be approved by the AMC board and trustees, with an upper limit set by the regulator. AMCs must bear the cost of borrowing and any losses incurred due to unforeseen events. 5 / 50 Fitch raises India growth forecast Economy 2 hr ago This is an AI assisted summary. Fitch Ratings has raised India's growth forecasts for 2025-26 and 2026-27, citing strong domestic demand and a comprehensive revision of national accounts data. The rating agency expects consumer spending to grow 8.6% and investment to rise 6.9% in the current fiscal year. 6 / 50 Govt looking at alternatives for exports to West Asia Economy 3 hr ago This is an AI assisted summary. The Indian government is working to ensure the flow of goods to West Asia through alternate arrangements such as air cargo and alternate routes and ports. Due to the closure of the Strait of Hormuz, major ports like Dubai's Jebel Ali and others have stopped cargo movement. 7 / 50 House panel for upfront allocation of fertiliser subsidy Economy 3 hr ago This is an AI assisted summary. The parliamentary panel has advised the finance ministry to allocate enough funds for fertiliser subsidy to prevent disruptions and consider historical trends and global factors in budget estimation. The budget for imported urea is unstable and the diversion of fertilisers to industries is a major issue. 8 / 50 US expands waiver for Russian crude cargoes Economy 3 hr ago This is an AI assisted summary. The US Department of Treasury has allowed countries to buy Russian oil stranded at sea for 30 days to stabilize global energy markets. This move, which won't benefit Russia financially, is in response to the war in West Asia disrupting energy supplies. Asian countries are expected to absorb the large volumes of Russian crude currently floating in global waters. 9 / 50 Your window for filing updated ITR for AY22 closes on March 31 Money 3 hr ago This is an AI assisted summary. Taxpayers have until March 31 to file updated returns and avoid scrutiny, penalties, or prosecution. The longer the delay, the higher the tax burden. The last date to file for AY21-22 is March 31, 2026. Errors or omissions can be corrected, but not for refunds or reducing tax liability. Updated returns can be filed by anyone. 10 / 50 Your loan queries: You can take a gold loan for short-term needs Money 3 hr ago This is an AI assisted summary. Chaitali Dutta suggests a six-month repayment period for gold loans, with pledged ornaments returned upon full payment. For construction loans, the landowner must be the loan applicant with their name on the documents. Mohit Gupta questions the cost and maximum tenure of a loan against property compared to a personal loan. 11 / 50 Tax Talk: Change is in the air with new Income-Tax Act from April 1 Money 4 hr ago This is an AI assisted summary. India's upcoming financial year will bring significant changes to the income tax system, including the introduction of the Income-tax Act 2025 and proposed Income-tax Rules 2026. These changes will impact the way individual taxpayers, especially salaried employees, file tax returns and claim deductions and exemptions. 12 / 50 Rs 1 lakh crore fund to shield economy from external shocks: Nirmala Sitharaman Economy 4 hr ago This is an AI assisted summary. Finance Minister Nirmala Sitharaman plans to keep fiscal deficit target at 4.4% GDP for FY26 and establish a Rs 1 lakh crore Economic Stabilisation Fund to handle global shocks. Supplementary demands will not impact fiscal consolidation, with Rs 30,000 crore for MNREGA, Rs 19,230 crore for fertiliser subsidies, and Rs 23,641 crore for the PM included in the second batch. 13 / 50 India remains engaged with US on trade despite continued tariff action Economy 4 hr ago This is an AI assisted summary. India and the US are working on an agreement to protect India's advantage in the US market. The agreement was delayed due to US Supreme Court's decision to strike down tariffs. The US has launched investigations against India and other trade partners for excess capacities and forced labor. India is studying the situation and will respond accordingly. 14 / 50 Hormuz disruption removes 17 million barrels a day from global oil market Economy 5 hr ago This is an AI assisted summary. The global oil market is experiencing its biggest supply disruption as the Strait of Hormuz is closed, removing 17 million barrels per day. Gulf exporters are trying to find alternative routes, but production risks are increasing. S&P Global Energy predicts a price range of $70-$100 per barrel for Dated Brent crude, assuming the strait reopens within weeks. 15 / 50 Dhurandhar 2 beats opening weekend records of SRK and Salman Khan in North America Life 5 hr ago This is an AI assisted summary. Dhurandhar 2: The Revenge, featuring Ranveer Singh, has broken records in the North American Box Office with $2.8 million in pre-sales. It has surpassed opening weekend earnings of top blockbusters and is set to earn $4 million with its release in five languages, thanks to the first film's success and the sequel's hype among moviegoers. 16 / 50 Simone Ashley’s first look in The Devil Wears Prada 2 teaser breaks the internet Life 5 hr ago This is an AI assisted summary. The teaser for The Devil Wears Prada 2 has sparked excitement on social media with the introduction of Simone Ashley's enigmatic character. Fans are intrigued by her potential to challenge Miranda Priestly and are eagerly anticipating the film's release on May 1, 2026, which will also bring back the original trio and explore new power dynamics. 17 / 50 Why MacKenzie Scott was missing from the 2026 Philanthropy 50 list despite donating $7 bn Lifestyle 5 hr ago This is an AI assisted summary. The exclusion of MacKenzie Scott from the 2026 Philanthropy 50 list caused controversy due to her record-breaking donations of $7 billion in 2025. The Chronicle of Philanthropy's strict reporting rules and Scott's refusal to provide official receipts were cited as reasons. Despite this, Scott's Giving Pledge commitment has led her to donate over 75% of her original Amazon shares. 18 / 50 How Ben Affleck built a 16-person start-up that landed a $600M deal with Netflix Lifestyle 6 hr ago This is an AI assisted summary. Ben Affleck, the successful filmmaker, has ventured into the tech world with the sale of his AI startup, InterPositive, to Netflix for $600 million. This unconventional move highlights the impact of technology in filmmaking and has earned Affleck a Senior Advisor role at Netflix, thanks to his team's practical approach and partnerships with major directors. 19 / 50 ICC Prize Money Distribution: Difference between India’s and Pakistan’s earnings is huge Sports 6 hr ago This is an AI assisted summary. The T20 World Cup 2026 has come to an end, but the International Cricket Council (ICC) has revealed the earnings of each team. India, who won the World Cup for the third time, received a whopping $2,639,423 (approx. ₹23.74 crore), while Pakistan only earned $522,692 (approx. ₹4.70 crore). The difference in earnings highlights the importance of consistency and success in the tournament. 20 / 50 KPop Demon Hunters 2 confirmed: Netflix release window, plot hint – everything we know Life 8 hr ago This is an AI assisted summary. The hit animated film K-Pop: Demon Hunters is officially getting a sequel, with Netflix confirming that Maggie Kang and Chris Appelhans will return to write and direct the next chapter. With the original movie becoming one of the platform’s most-watched releases and even earning nominations at the 98th Academy Awards. 21 / 50 Why are BCCI annual awards called Naman? Know date, venue and timing of Naman Awards 2026 Sports 7 hr ago This is an AI assisted summary. The BCCI annual awards, also known as the 'Naman Awards,' will be held on March 15, 2026, in New Delhi. The term "Naman" is derived from the Hindi word meaning "paying respect," and was adopted in 2017 to honor former captain Mansoor Ali Khan Pataudi. The event will celebrate India's five ICC titles in the past year and will be live-streamed on JioStar and BCCI's official website. 22 / 50 98th Academy Awards: When and where to watch the Oscars 2026 live in India Life 8 hr ago This is an AI assisted summary. The 98th Academy Awards will bring Hollywood’s biggest night back to the spotlight as stars gather at the Dolby Theatre in Los Angeles. Hosted by Conan O'Brien, the ceremony will also feature presenters including Priyanka Chopra Jonas, Robert Downey Jr., and Anne Hathaway. Here’s everything Indian viewers need to know about the timing, streaming platforms, and TV broadcast details. 23 / 50 Ranveer’s Dhurandhar 2 killed the biggest record in Indian cinema — and he’s not done yet Life 9 hr ago This is an AI assisted summary. Ranveer Singh's film, Dhurandhar: The Revenge, has exceeded expectations in terms of pre-release interest and ticket sales, breaking records set by South Indian stars. With a predicted opening day of over Rs 100 crore and the potential to join the Rs 1,000 crore club, the film has already surpassed several domestic records and is attracting a wide audience before its official release. 24 / 50 HFCL bags Rs 10,159 crore global fibre cable deal Business 14 hr ago This is an AI assisted summary. HFCL, an Indian technology company, has signed a five-year agreement worth Rs 10,159 crore with a global multinational corporation. The contract will be executed through its subsidiary and is estimated to have a total potential value of $1.10 billion. This deal, which will run until December 2030, marks HFCL's entry into the global OFC market and will boost its position in the industry. 25 / 50 Not just Jal Jeevan: Motilal Oswal sees 48% upside in VA Tech Wabag – 3 reasons Market 10 hr ago This is an AI assisted summary. Motilal Oswal remains bullish on VA Tech Wabag, a water technology company, due to its strong order book of over Rs 16,300 crore, with potential for further growth. Despite concerns about its Middle East exposure, the company's projects remain on track. The brokerage believes VA Tech Wabag's growth will accelerate and recommends a 'Buy' with a target price of Rs 1,900. 26 / 50 Michigan Synagogue attacker entered US on immigrant visa, family killed in Israeli strike 11 hr ago This is an AI assisted summary. Authorities have identified the man behind Thursday’s attack at Temple Israel synagogue in West Bloomfield Township, Michigan, as Ayman Mohamad Ghazali. The US Department of Homeland Security confirmed his identity and shared details about his immigration background, according to a report by Fox News. 27 / 50 Only 54 forms to be ready by March 31 for new income tax act rollout Money 10 hr ago This is an AI assisted summary. The new Income-tax Act, effective from April 1, has only 54 out of 190 forms ready. The Department of Revenue assured that critical forms will be functional by the deadline, while others will undergo modifications. The Parliamentary Standing Committee on Finance urged for timely notification of the Income-tax Rules and forms. 28 / 50 NALCO, Hindalco, and Tata Steel plunge: Why Hormuz crisis just wiped 4% off metal stocks Market 10 hr ago This is an AI assisted summary. Metal stocks took a hit in today's cautious market, with Nifty Metals Index dropping over 4% and key shares like NALCO and Hindalco plunging. The Hormuz crisis and rising crude oil prices have disrupted markets, but surprisingly, metal prices have seen a sharp correction. Indian markets also opened lower, with the auto index dropping around 3%. 29 / 50 AI Vs IT Jobs: CLSA says, ‘no negative impact’ – IT hiring up 6.4% Business 14 hr ago This is an AI assisted summary. The latest report by CLSA suggests that worries about AI taking over IT jobs may be unwarranted. Data shows that hiring in India's IT and software services sector and BPO sector has increased, indicating that AI is not yet negatively affecting jobs. Companies are actively seeking specialized AI talent and plan to add thousands of employees, potentially increasing productivity. 33 / 50 Trump lifts oil sanctions: India, others get Russian crude license in Iran crisis World News 15 hr ago This is an AI assisted summary. The Trump administration has allowed other countries to buy Russian oil at sea to reduce rising oil prices caused by the US-Iran conflict. This decision aims to stabilize global energy markets and maintain low prices. The US Treasury Secretary assures that this move will not greatly benefit Russia, and credits President Trump's energy policies for record levels of US oil and gas production. 34 / 50 Robert Kiyosaki hails India’s Iran strategy to get Strait of Hormuz passage Trending News 15 hr ago This is an AI assisted summary. In a rare diplomatic manoeuvre, India has managed to safely navigate its crude oil shipments through the Strait of Hormuz, currently the world’s most volatile maritime chokepoints right, without military intervention or confrontation. 35 / 50 ‘Iran welcome at World Cup, but…’: Trump issues life-and-safety warning World News 16 hr ago This is an AI assisted summary. Trump welcomes Iranian national football team to 2026 FIFA World Cup but warns about safety concerns due to ongoing conflict between US and Iran. Iranian Sports Minister says country cannot participate due to US killing Supreme Leader. FIFA President says Trump welcomes Iranian team. President of Iran's Football Federation questions sending team to US due to conflict. 36 / 50 US stocks tumble as Iran war escalates and oil surges toward $100 World News 17 hr ago This is an AI assisted summary. U.S. stocks experienced a significant decline of over 1.5% due to Iranian attacks on oil tankers and rising inflation concerns. The S&P 500 saw its largest three-day drop in a month, while Iran's Supreme Leader promised to continue shutting down the Strait of Hormuz. The upcoming Fed meeting may address the impact of increasing fuel costs. 37 / 50 ‘When oil prices go up, we make a lot of money’: Trump on US oil output World News 17 hr ago This is an AI assisted summary. Trump believes that the US will benefit from higher oil prices due to the conflict with Iran, but some lawmakers criticize him for only caring about the rich. Gasoline prices continue to rise and the White House is considering waiving a shipping rule to control costs. 38 / 50 Benchmark indices continue to be on slippery slope Market 23 hr ago This is an AI assisted summary. Markets extended losses for the second consecutive day as Brent crude prices hit $100 per barrel mark after a recent dip, amid no signs of de-escalation in the US–Israel–Iran conflict. Brent crude prices surged 10.45% to $101.6 per barrel. The Sensex and Nifty fell 1.08% and 0.95%, respectively, with concerns over inflationary pressures. 39 / 50 India-bound crude crosses Hormuz on the sly Economy March 13, 2026 This is an AI assisted summary. India and Iran are discussing ways to ensure safe passage for oil tankers through the Strait of Hormuz. However, two tankers with their transponders off have already crossed the strait, indicating the rise of stealth shipping. In response, Saudi Arabia has increased crude loadings from its west coast, using the East-West pipeline to bypass the strait. 40 / 50 Storage crunch looms, Food Ministry asks states to lift FCI grains Economy March 13, 2026 This is an AI assisted summary. The Food Ministry has instructed state governments to distribute rice and wheat under PMGKAY for three months in advance to address storage problems caused by excess foodgrain stocks. The FCI has a surplus stock of 60.73 MT, 185% more than needed, and is taking measures to manage it. Distribution must be completed promptly after lifting the stock. 41 / 50 Honda scraps two EVs, doubles down on India growth Auto March 13, 2026 This is an AI assisted summary. Honda Motor is restructuring its EV roadmap and focusing on India for market expansion opportunities. The company has cancelled two models from its global EV programme, but the smaller 0 Series Alpha electric SUV remains on track for production in India. Honda plans to strengthen its product portfolio and cost structure in high-growth markets like India. 42 / 50 Asian crude scramble pushes up India’s oil bill Economy March 13, 2026 This is an AI assisted summary. India's reliance on Russian crude has been disrupted by US sanctions, making it difficult to find alternative supplies at reasonable costs. The closure of the Strait of Hormuz could further disrupt supply chains. India's strategic reserves and commercial inventories may provide some relief, but the country needs to diversify its routes to mitigate potential challenges. 43 / 50 Retail inflation rises to 3.21% in February Economy March 13, 2026 This is an AI assisted summary. India's retail inflation hit a 10-month high of 3.21% in February due to increasing food and precious metal prices. Experts predict the RBI will keep policy rates unchanged, citing rising oil prices and geopolitical tensions. The surge in global bullion prices has also affected domestic inflation, particularly in silver and gold jewellery. 44 / 50 NSE appoints 20 merchant bankers for IPO Market March 13, 2026 This is an AI assisted summary. The NSE has selected 20 merchant banks and 8 law firms, including Morgan Stanley and JP Morgan, to help with its upcoming IPO. These intermediaries will handle regulatory filings, due diligence, and marketing. The company's valuation, currently at ₹4.89 lakh crore, will be determined by these banks. Rothschild & Co India's role as independent IPO advisor has ended, and the IPO has been approved. 45 / 50 Investors book profits in silver ETFs Market March 13, 2026 This is an AI assisted summary. Investors took advantage of rising silver prices through ETFs but booked profits in February, causing the first net outflows in over two years. Despite this, experts believe interest in silver remains strong, with a rise in investor folios and new schemes launched. Silver prices fell due to profit booking and seasonal patterns, but experts advise against tactical bets and suggest including silver. 46 / 50 From Lala Amarnath to Rahul Dravid: BCCI Lifetime Achievement Award winners complete list Sports 16 hr ago This is an AI assisted summary. Rahul Dravid, the former Indian cricketer, will be awarded the prestigious CK Nayudu Lifetime Achievement Award for 2025-26. He is one of the greatest cricketers to have not won a World Cup himself, but has guided the Under-19 and Senior men’s team to world titles. The award will be conferred on March 15, 2026, at the BCCI Naman Awards ceremony. 47 / 50 Food inflation rises to 3.47% in February Economy March 13, 2026 This is an AI assisted summary. Food inflation increased by 3.47% in February, driven by higher prices of tomatoes and coconuts. However, it decreased by 0.15% compared to January and remained negative for seven months before December. Prices of essential items like pulses, oilseeds, vegetables, and fruits are low due to surplus stocks, but may rise in the future. This is according to the new CPI series. 48 / 50 War fuels power stocks: BSE Power records highest closing level in 14 months Market March 13, 2026 This is an AI assisted summary. "Indian equity market sees tremors from US-Iran war, but utility and power companies thrive. BSE Power and Utilities indexes rise by 3% each, with Adani Power, JSW Energy, BHEL, and Torrent Power as top performers. Investors turn to energy sector for high demand and potential for price increases due to LPG shortage. 49 / 50 From Tendulkar to Gill: Full list of BCCI Men’s Cricketer of the Year awardees Sports March 13, 2026 This is an AI assisted summary. Shubman Gill to be awarded the Indian Men’s Cricketer of the Year for the 2024-25 session at the Naman Awards 2026, also known as the Polly Umrigar Awards. Gill previously won the award in 2024 for the 2022-23 season. The first recipient of the award was Sachin Tendulkar, with Virat Kohli winning it a record five times.