Retail inflation in February dropped to a 7-month low of 3.61%. It remains within the RBI's target. Food inflation also saw significant reductions in both rural and urban areas. This decline may encourage the Monetary Policy Committee to cut the repo rate in April to boost GDP growth.
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Former Australia captain Ricky Ponting criticizes the 20% match fee fine given to Indian batsman Virat Kohli for his altercation with Sam Konstas, stating the punishment was inadequate. Ponting emphasises the responsibility of senior players, expressing concern over the potential acceptance of such behavior in cricket. The series is currently locked at 1-1.
The Indian men's team secured the inaugural Kho Kho World Cup title by defeating Nepal 54-36. This victory, led by captain Pratik Waikar and star player Ramji Kashyap, followed the Indian women's team's triumph over Nepal. India's path to triumph included wins against Brazil, Peru, Bhutan, Bangladesh and South Africa.
Smoke in Pushpak Express led to panic among passengers, causing some to jump out and get hit by Karnataka Express on the adjacent track near Pachora station in Maharashtra. Tight-packed unreserved coaches caused chaos, with several killed or injured. Witnesses recall the tragic scene with dismembered bodies on the track.
US President Donald Trump questioned the $21 million US allocation for voter turnout in India, during the FII PRIORITY Summit. He highlighted India's strong economy and high tariffs on US goods. Trump also criticized the US spending in Ukraine, accusing President Zelenskyy of poor governance and alleging misuse of funds, stating the US received no benefit from its financial support.
An Amravati-bound train collided with a truck illegally crossing closed railway tracks in Jalgaon, Maharashtra. No injuries were reported, but the collision disrupted the schedules of five trains, including the Mumbai-Amravati Express. The incident caused significant damage to railway infrastructure. Repair work is underway, and legal action may be taken against the truck driver.
The National Company Law Tribunal (NCLT), Mumbai, experienced disruptions as support staff protested against delayed salaries and irregular payments. The unpaid staff halted proceedings, raising concerns over the tribunal's financial stability and its ability to manage over 7,000 pending cases. Lawyers noted significant delays which may affect cases involving disputes worth substantial amounts.
Kansas City Chiefs offensive coordinator Matt Nagy praised tight end Travis Kelce for his focus on winning rather than personal statistics. Kelce, selected for his 10th consecutive Pro Bowl, has been crucial to the Chiefs' success. Despite a slow start in 2024, Kelce leads the team in receiving yards and aims for a historic Super Bowl three-peat.
A viral video shows patchwork on Mumbai's Rs 14,000 crore Coastal Road, disappointing many. The road, built by Larsen & Toubro and opened in phases, has visible issues, prompting concerns. BMC officials indicated the patches were due to monsoon-related joints. Despite partial openings since March 2024, the road awaits full commissioning.
Stock market recommendations: Somil Mehta of Mirae Asset Sharekhan recommends L&T Finance and Aarti Industries as top stocks to buy today. L&T Finance should be bought between Rs 148-150 Aarti Industries should be bought between Rs 440-460.
Rajya Sabha saw a confrontation between Chairman Jagdeep Dhankhar and opposition leader Mallikarjun Kharge when a starred question about non-payment of dues by builders in Noida was withdrawn. BJP MP Laxmikant Bajpayee had asked for details about developers who owed dues and the measures taken against them.