An RBI panel suggests extending money market hours to 7pm, aiming to provide banks with greater flexibility in managing liquidity and accessing funds. This shift addresses the expansion and increased complexity of India's financial markets since 2019. The proposal includes adjustments to trading and settlement windows for various instruments, along with changes to the liquidity adjustment facility auction timings.
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Renowned Malayalam writer and filmmaker MT Vasudevan Nair, fondly known as MT, passed away on Wednesday at the age of 91. The literary giant breathed his last at Baby Memorial Hospital in Kozhikode after being under treatment for 11 days following a cardiac arrest. Despite initial reports of improvement on Tuesday, his condition worsened, leading to his demise on Wednesday night.
Rajasthan Royals' head coach Rahul Dravid, despite sustaining a leg injury, continues to lead his team from an electric wheelchair. Dravid, injured during a local cricket match, remains actively involved in training sessions, demonstrating remarkable determination. His commitment is appreciated widely, as the Royals prepare for the upcoming IPL 2025 season opener against Sunrisers Hyderabad on March 23.
Tensions between India and Pakistan de-escalated as US President Trump announced a "full and immediate ceasefire" brokered by the United States. This follows heightened conflict, including India's response to drone attacks from Pakistan and 'Operation Sindoor,' a counterterror action targeting terror camps.
Shardul Thakur was roped in by Lucknow Super Giants as a replacement for Mohsin Khan in the IPL 2025, and he delivered with a match-winning 4 for 34 against Sunrisers Hyderabad. Nicholas Pooran led the run-chase with 70 runs off 26 balls. Thakur called for more balanced pitches favoring both bowlers and batters.
Pakistan faced a setback ahead of the Champions Trophy with a one-sided defeat to New Zealand in the tri-series final on Friday. Former batter Ahmed Shehzad criticized captain Mohammad Rizwan's decisions, aiming at Pakistan's incompetent strategies and team selection. Rizwan’s choice to bat first was particularly questioned.
Mobile World Congress (MWC) 2023 commenced in Barcelona amid US-China trade tensions. Nokia's CEO Pekka Lundmark balanced geopolitical concerns, emphasizing cooperation with both European and US governments. He highlighted Nokia's global significance and the adverse effects a tariff war could have on international trade.
Union Budget 2025 speech date, time: Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2025 this week. This will be her eighth Budget presentation, with significant focus expected on capital expenditure for roadways and railways.
Gold price today: Gold and silver futures have seen mixed movements, with gold April futures on MCX rising beyond Rs 86,000 per 10 grams, whereas silver March futures marked slight gains.
A coup is seemingly underway in Mumbai cricket as Yashasvi Jaiswal seeks a No Objection Certificate and Suryakumar Yadav may follow him to Goa. The Goa Cricket Association is in talks with various players as they join the Ranji Trophy Elite Group. Discussions involve Hyderabad captain Tilak Varma too. Mumbai Cricket Association is holding meetings about these developments.
Nasa announced that NISAR, the advanced earth observation satellite developed by India and the US, is set to launch in March 2025. With dual-frequency radar, NISAR will monitor planetary changes with precision, aiding in climate change understanding and disaster response. It will provide high-resolution images and track surface changes, benefiting global natural resource management.