Stock market recommendations: Motilal Oswal Financial Services recommends Hindustan Aeronautics, citing its strong order book and transition to indigenized models, projecting significant revenue and profit growth. They also suggest Castrol, anticipating improved profit margins due to lower crude prices and strategic investments in technology and brand building.
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A 35-year-old woman in Rajahmundry, who was suffering from psychiatric problems, died after swallowing a keypad cell phone. Despite surgery to remove the phone, complications in her esophagus led to her transfer to another hospital, where she ultimately succumbed to her injuries.
Lenskart opted for Telangana over Karnataka for its new manufacturing facility due to Telangana's favorable policies and swift execution. Karnataka's Industries Minister defended the state's cautious approach to incentives, emphasizing fiscal responsibility. This decision followed Lenskart's initial interest in a Bengaluru location, prompting concerns about Karnataka's ability to attract major projects.
Despite summons, Baba Ramdev and Acharya Balkrishna have not appeared in court for misleading advertisements. Multiple cases were filed against them, with bailable warrants issued, yet they remained absent. The Supreme Court warns states of contempt for not acting against such ads under the Drugs and Magic Remedies Act, 1956.
Wall Street experienced a sell-off triggered by Jerome Powell's remarks on potential tariff impacts and Nvidia's export concerns. Powell's warning about tariffs causing inflation and complicating economic management fueled market unease. Asian-Pacific markets diverged, showing gains despite Wall Street's decline, with central bank decisions influencing regional performance.
A partial solar eclipse will happen on March 29, 2025. It will be visible in the northeastern US and parts of Canada at sunrise. Key locations for viewing include New York, Massachusetts, Maine, and more. Viewers should use protective measures like eclipse glasses. The event offers a unique viewing experience with a crescent-like effect.
Jordan Belfort praised Elon Musk as a "Hero" on Fox News and promised to buy a Tesla. He defended Trump's economic policies, reciprocal tariffs, and criticized Trump's detractors. Belfort reassured minimal impact on Americans from the trade war and applauded Trump's measures against spending, waste, and fraud.
PM Modi urged the auto industry to focus on eco-friendly mobility through EVs, hydrogen fuel cells, and biofuels while highlighting the role of the middle class and youth in driving car sales. At the Bharat Mobility Global Expo, he emphasized manufacturing in India for both domestic use and export, with the aim to reduce fossil fuel imports and promote sustainability.
BJP leader Pranav Singh Champion was sent to 14 days of judicial custody after a violent clash with MLA Umesh Kumar. The altercation involved firearms, leading to charges including attempted murder. While Singh was denied medical attention, weapon licenses of both involved were revoked to maintain law and order.