Corporate news was front and center, as Kotak Mahindra Bank filed a police report concerning discrepancies noted in fixed deposits, while United Spirits captured attention following the sale of Royal Challengers Bengaluru for $1.78 billion.
On the policy side, the Cabinet approved a ₹28,840 crore allocation for the revamped UDAN scheme, and the Centre announced a phased cessation of LPG supply to households that do not transition to PNG where it is available.
Internationally, crude oil prices fell over 6% amid reports of a US diplomatic initiative to resolve the Iran conflict, although economists warned that a prolonged oil crisis could still impact growth, with India potentially being less affected and further rate increases remaining unlikely. In a separate ruling, a US jury imposed a $375 million fine on Meta over issues related to children’s mental health.
Are US-Iran talks taking place in Pakistan? Who said what, and what’s at risk
Four weeks into the conflict in West Asia triggered by US and Israeli actions against Iran, Pakistan has offered to host “meaningful and conclusive talks” in Islamabad, positioning itself as a potential mediator between Washington and Tehran.
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Lok Sabha approves Finance Bill 2026 with 32 amendments; no new tax alterations
The Finance Bill 2026 was passed by the Lok Sabha on Wednesday, March 25, with 32 amendments from the government. No new tax modifications were introduced in the bill.
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Closing Bell | Relief rally continues: Sensex surges 1,200 points, Nifty maintains 23,300
Indian equity benchmarks concluded higher for the second consecutive session on March 25, although indices reduced some gains from intraday peaks amid a broad rally across sectors.
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Kotak Mahindra Bank lodges police report after Panchkula municipal corporation raises FD discrepancies
Kotak Mahindra Bank Ltd. has submitted a formal complaint to the Panchkula police following discrepancies noted in Fixed Deposit Receipts (FDRs) by the Panchkula municipal corporation.
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Cabinet approves ₹28,840 cr for revamped UDAN scheme to enhance regional air travel
PM Modi. (Image X)
The Union Cabinet on Wednesday, March 25, sanctioned a revised regional air connectivity scheme with a budget of ₹28,840 crore over ten years, aimed at enhancing aviation access to smaller cities and remote areas.
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Oil crisis may induce global recession, but India less impacted; rate hikes improbable: Economists
A sustained oil crisis could adversely affect India’s growth prospects and corporate earnings, although policymakers are cautious regarding interest rates, noted Neelkanth Mishra and Sajid Chinoy at a CNBC-TV18 Market Townhall.
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LPG supply will be halted for households not transitioning to PNG in 90 days to prevent hoarding: Government directive
The Centre has mandated that LPG supply will stop after three months for users who do not respond to communications from authorized agencies or fail to apply for a Piped Natural Gas (PNG) connection.
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US presents a 15-point ceasefire plan to Iran; check the details
In light of the ongoing US-Iran-Israel conflict, Washington has reportedly proposed a comprehensive initiative aimed at ceasing hostilities and establishing a foundation for a broader agreement.
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Brent crude prices drop over 6% amid US diplomatic efforts to resolve Iran conflict
Crude oil prices fell by as much as 6% early on Thursday, March 25, in response to multiple reports of US diplomatic efforts to conclude the war with Iran, despite conflicting accounts of troop deployments to the area soon.
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Royal Challengers Bengaluru sold for $1.78 billion as United Spirits exits IPL franchise: Key points
United Spirits Limited (USL) is set to sell its IPL team Royal Challengers Bengaluru (RCB) to a consortium led by the Aditya Birla Group in an all-cash deal worth $1.78 billion (₹166.6 billion).
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New Mexico jury finds Meta’s platforms detrimental to children’s mental health, imposes $375 million fine
A jury in New Mexico determined that on Tuesday, social media giant Meta has a negative impact on children’s mental health and violated state consumer protection laws.
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We will be back with another edition of Top 10@10 on Friday!
