Tourism-related stocks took a significant hit on Tuesday after major US airlines issued warnings about declining travel demand. Expedia Group shares fell by 8%, and Airbnb stock also dropped. Despite the sector's downturn, Southwest Airlines shares climbed due to new revenue-generating initiatives.
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World Chess Champion Gukesh Dommaraju, 18, admits dealing with success has been challenging but credits his support system for keeping him grounded. Competing in the Tata Steel Chess Tournament 2025, Gukesh aspires to reach his full potential and still sees Magnus Carlsen as the world's best. Despite his age, he remains focused on improving.
Finance minister Nirmala Sitharaman presents the Union Budget 2025-26, balancing taxpayer generosity and fiscal prudence. By curbing ambition in asset creation and anticipating substantial personal income growth, the budget pegs the fiscal deficit at 4.4% of GDP and contains the revenue deficit at 1.5% of GDP.
Pakistan rebukes a US official's comments on its missile program, calling the allegations unfounded and harmful to bilateral relations. The Foreign Office defends Pakistan's right to maintain a credible minimum deterrence, emphasizing it poses no threat to the US and its missile development is purely defensive.
PM Narendra Modi urged banks to boost credit to the textiles sector to meet increasing domestic demand and attract foreign investments. He highlighted new government policies aiming for significant growth in textiles exports, targeting Rs 9 lakh crore by 2030, potentially achievable sooner due to high interest in sourcing from India.
Canada's new Prime Minister Mark Carney has directed the defense ministry to review the F-35 fighter jet purchase agreement to ensure it is the best investment for the country. The contract, signed under Justin Trudeau's administration, involved 88 F-35s for CAD 19 billion.
The Congress in Punjab has criticized the Centre for allowing a US military plane carrying deported Indians to land in Amritsar rather than Delhi, accusing it of creating a 'defaming narrative.' They highlighted that most deportees were from states like Gujarat, not Punjab, questioning the selective landing decision.
State Bank of India (SBI) has issued a warning to its customers about deepfake videos circulating on social media. These videos falsely feature SBI's top management promoting fraudulent investment schemes with unrealistic returns. SBI clarifies it has no association with such schemes and urges the public to remain vigilant against these scams.
A fire broke out at Sanatkada Fest in Lucknow, causing significant damage to temporary food canopies. Thanks to timely evacuation and quick response by fire departments and volunteers, no injuries were reported, and the fire was contained. Financial losses are estimated at Rs 15 lakh, with the festival resuming shortly after the incident.
Reliance Jio has unveiled a new offer for the IPL 2025 season, providing 90 days of free JioHotstar subscription in 4K and a 50-day free trial of JioFiber/AirFiber. Customers can enjoy ultra-fast internet, access to over 800 TV channels, and 11+ OTT apps by recharging with plans of Rs 299 or higher between March 17 and March 31, 2025.
Pope Francis, 88, was admitted to Rome’s Gemelli Polyclinic for continued diagnostic tests and treatment of bronchitis. Despite his diagnosis on February 6, he persisted with his duties but needed aid to read remarks. His health challenges include bronchitis and past lung surgery, necessitating wheelchair use. He previously had abdominal surgery and treatment for a respiratory infection.