Agni-5 missile's stunning striking range and accuracy make India's nuclear-powered neighbours nervous

India's Consumer Price Index (CPI) remained unchanged in February, registering a 5.09 per cent inflation rate, mirroring the previous month's figure of 5.1 per cent. <o:p></o:p>

Analysts had anticipated this stability, with a Bloomberg poll projecting a CPI of 5.05 per cent for February.<o:p></o:p>

While the headline inflation remains above the Reserve Bank of India's (RBI) target of 4 per cent, core inflation, which excludes food and fuel components, has declined to 3.37 per cent. <o:p></o:p>

This marks the lowest core inflation level since November 2019, indicating a lack of overheating in the Indian economy.<o:p></o:p>

Despite the overall stability, food inflation experienced a slight uptick from 8.3 per cent in January to 8.6 per cent in February. <o:p></o:p>

Notably, prices of eggs, fish, and meat witnessed a sharp increase, contributing to this rise in food inflation.<o:p></o:p>

Additionally, vegetable inflation rose from 27.1 per cent in January to 30.3 per cent in February, reflecting ongoing supply-side challenges.<o:p></o:p>

However, the future trajectory of inflation, particularly for cereals and pulses, hinges on the winter crop harvest. <o:p></o:p>

Reports suggest that recent rains in parts of north and northwest India, driven by western disturbances, may have resulted in crop damage, influencing future price dynamics.<o:p></o:p>

In other economic indicators, the Index of Industrial Production (IIP) for January fell slightly below analyst expectations, growing at 3.8 per cent. This marks a growth from the 5.8 per cent recorded in January 2023, according to data released by the National Statistics Office (NSO).<o:p></o:p>

Manufacturing, the dominant component of the IIP basket, expanded at a slower rate of 3.2 per cent compared to December 2023. This comes at a slightly lower than the 4.5 per cent growth seen in the same month of the previous year.<o:p></o:p>

Despite this, caution is warranted in interpreting this as a significant decline in economic momentum, as other indicators like the Purchasing Managers’ Index (PMI) suggest continued expansion.<o:p></o:p>

(With inputs from PTI)<o:p></o:p>

India's Consumer Price Index (CPI) remained unchanged in February, registering a 5.09 per cent inflation rate, mirroring the previous month's figure of 5.1 per cent.

India's Consumer Price Index (CPI) remained unchanged in February, registering a 5.09 per cent inflation rate, mirroring the previous month's figure of 5.1 per cent. Analysts had anticipated this stability, with a Bloomberg poll projecting a CPI of 5.05 per cent for February. While the headline inflation remains above the Reserve Bank of India's (RBI) target of 4 per cent, core inflation, which excludes food and fuel components, has declined to 3.37 per cent. This marks the lowest core inflation level since November 2019, indicating a lack of overheating in the Indian economy. Despite the overall stability, food inflation experienced a slight uptick from 8.3 per cent in January to 8.6 per cent in February. Notably, prices of eggs, fish, and meat witnessed a sharp increase, contributing to this rise in food inflation. Additionally, vegetable inflation rose from 27.1 per cent in January to 30.3 per cent in February, reflecting ongoing supply-side challenges. However, the future trajectory of inflation, particularly for cereals and pulses, hinges on the winter crop harvest. Reports suggest that recent rains in parts of north and northwest India, driven by western disturbances, may have resulted in crop damage, influencing future price dynamics. In other economic indicators, the Index of Industrial Production (IIP) for January fell slightly below analyst expectations, growing at 3.8 per cent. This marks a growth from the 5.8 per cent recorded in January 2023, according to data released by the National Statistics Office (NSO). Manufacturing, the dominant component of the IIP basket, expanded at a slower rate of 3.2 per cent compared to December 2023. This comes at a slightly lower than the 4.5 per cent growth seen in the same month of the previous year. Despite this, caution is warranted in interpreting this as a significant decline in economic momentum, as other indicators like the Purchasing Managers’ Index (PMI) suggest continued expansion. (With inputs from PTI)

India's inflation holds steady in February at 5.09 pc, core inflation declines

The Indian Supreme Court dismissed a plea filed by SBI. The SBI sought an extension extension till June 30 to disclose details of electoral bonds encashed by political parties. Watch this video for all details.

Electoral Bonds: SBI submits all details to the Election Commission of India

Bengaluru is struggling with water crisis. Groundwater is depleting. Cauvery Basin is facing drought. Of the 14,700 borewells in Bengaluru, 6,997 have dried up, as per reports. Residents in Bengaluru are struggling with every water drop. This raises a question of whether Bengaluru is heading towards Cape Town-like 'Day Zero'.

Bengaluru water crisis: Is Bengaluru heading towards Cape Town-like day zero?

Today via video conferencing Prime Minister Modi will lay the foundation stone for three semiconductor projects worth $15 billion. Students from over 60,000 institutions along with leaders from the semiconductor industry are expected at the event.

PM Modi to inaugurate three semiconductor facilities, two in Gujarat and one in Assam

The ruling Bhartiya Janata Party has released its second list of candidates for the upcoming General Elections. The second list features names of 72 candidates from nine states and two union territories including Gujarat, Maharashtra, Karnataka and Delhi.

India Elections: BJP's second list for Delhi for 2024 polls

In a joint Mission, the Indian coast guard intercepted a Pakistani boat carrying 80 kg of Narcotics valued at approximately $58 million. Nabbing at least six Pakistanis who were on board in a Sea Air coordinated operation by the Indian forces.

India seizes drugs worth $58 mn from Pak boat off Gujarat coast

Relations between New Delhi and Male have taken a hit since Muhammad Muizzu took to office last year in the Male. Following the decline of Indian visitors to the island nation experts are now estimating that the Maldives' tourism industry is suffering from a loss of up to $2 billion dollars.

Maldives tourism takes a hit with mass decline in Indian travelers

Prime Minister Narendra Modi along with delegates from more than 30 countries witnessed the tri-service exercise 'Bharat Shakti' in Pokhran, Rajasthan on Tuesday. The manifestation of the Indian armed forces' drive to become self-reliant can be gauged by analysing the procurement undertaken. The demonstration showcased the calibrated tactical employment of niche technology in a tri-services environment against perceived threats.

Bharat Shakti Pokhran: PM Modi witnesses tri-service 'Bharat Shakti' exercise in Pokhran

New Haryana Chief Minister Nayab Singh Saini has won a floor test at the state assembly after Manohar Lal Khattar resigned a day earlier, ending the BJP's alliance with the Jannayak Janta Party.

India Elections: Change of Guard in Haryana ahead of India polls as Manohar Lal Khattar resign

The election commission of India held meetings and consultations with the political parties in the Kashmir Valley. The discussions were on the preparedness for the Parliamentary elections in the union territory. Watch to know more!

India General Elections: People in J&K expect peace, progress & growth

Here, we bring you the news that is trending across WION's social media platforms.

India: Bengaluru bans drinking water in swimming pools amid shortage

The political playing field is heating up in South India as K Jayaprakash Hegde who was until recently the chairman of the Karnataka State commission for backward classes joined the Congress Party on Tuesday.

India Elections: Former MP J Jayaprakash Hegde joins Congress along with two other BJP MPs

India's Press Information Bureau (PIB) on Tuesday (Mar 12) issued a fact-check rebuttal of claims made by international media outlet Al Jazeera that had labelled the <a href="https://www.wionews.com/india-news/citizenship-amendment-act-rules-narendra-modi-699019">Citizenship Amendment Act (CAA)</a> "anti-Muslim".&nbsp;

India on Monday (Mar 11) announced the implementation of the Citizenship (Amendment) Rules, 2024, which aims at granting citizenship to undocumented non-Muslim migrants from Pakistan, Bangladesh and Afghanistan.&nbsp;

In a post on X on the same, Al Jazeera wrote: "India implements 'anti-Muslim' 2019 citizenship law weeks before election."&nbsp;

Also read:&nbsp;<a href="https://www.wionews.com/india-news/what-is-caa-how-it-fastracks-citizenship-of-religious-minorities-from-parts-of-south-asia-699036">What is CAA? How it fast tracks citizenship of religious minorities from parts of South Asia</a>&nbsp;

The social media post linked to an article from the Qatar-based media group, headlined, "India implements 'anti-Muslim' 2019 citizenship law weeks before election".&nbsp;

PIB posted a screenshot of the Al Jazeera report, marking it as "MISLEADING".&nbsp;

The government agency wrote, "Misinformation is being spread by @AJEnglish regarding the Citizenship Amendment Act, calling the act 'anti-Muslim'".&nbsp;

It added that "CAA will not take away citizenship of any Indian citizen irrespective of religion. It's not against any single religion/ community."&nbsp;

"It's an enabling law only to provide citizenship to persecuted minorities from neighboring countries - Afghanistan, Pakistan &amp; Bangladesh," it added.&nbsp;

<div class="ui-state-default" contenteditable="false">
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Misinformation is being spread by <a href="https://twitter.com/AJEnglish?ref_src=twsrc%5Etfw">@AJEnglish</a> regarding the Citizenship Amendment Act, calling the act 'anti-Muslim'<a href="https://twitter.com/hashtag/PIBFactCheck?src=hash&amp;ref_src=twsrc%5Etfw">#PIBFactCheck</a> 
 
▶️This claim is misleading! 
 
1/2 <a href="https://t.co/EkaV2sEr5X">pic.twitter.com/EkaV2sEr5X</a>
— PIB Fact Check (@PIBFactCheck) <a href="https://twitter.com/PIBFactCheck/status/1767412283066507656?ref_src=twsrc%5Etfw">March 12, 2024</a></blockquote>
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Earlier, India's Ministry of Home Affairs had emphasised that the Act "does not prevent any Muslim, who is persecuted in those Islamic countries (Pakistan, Bangladesh and Afghanistan) for practising their version of Islam, from applying for Indian citizenship under the existing laws".&nbsp;

"CAA does not cancel the naturalisation laws. Therefore, any person, including Muslim migrants from any foreign country, seeking to be an Indian citizen, can apply for the same under the existing laws," the ministry added.&nbsp;

Also read:&nbsp;<a href="https://www.wionews.com/india-news/bjp-says-pm-modi-lived-up-to-his-promise-by-notifying-caa-rules-699073">BJP says PM Modi lived up to his promise by notifying CAA rules</a>&nbsp;

Watch this report:&nbsp;

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Such false claims and misleading headlines were carried by several international news sites.&nbsp;

For example, BBC's headline reads, "CAA: India to enforce migrant law that excludes Muslims".&nbsp;

The headline of The Guardian report reads, "India enacts citizenship law criticised as ‘discriminatory’ to Muslims".&nbsp;

The headline of the CNN report is "India moves to implement controversial citizenship bill that excludes Muslims".&nbsp;

<h2>Citizenship Amendment Act (CAA)&nbsp;</h2>

The Citizenship Amendment Act (CAA) was passed in December 2019, and it got the president's assent.&nbsp;

The law, however, could not come into effect so far as rules have to be notified for its implementation.&nbsp;

Enacted on December 11, 2019, CAA amended the Citizenship Act 1955 by offering a path towards Indian Citizenship for minority religions from Afghanistan, Bangladesh, and Pakistan: Hindus, Sikhs, Buddhists, Jains, Parsis, or Christians who arrived in India before the end of December 2014.&nbsp;

The home ministry said that the "Constitution of India grants us the right to provide religious persecuted refugees with fundamental rights and to grant citizenship from a humanitarian perspective".&nbsp;

The implementation of the Citizenship Amendment Act was delayed due to the coronavirus (COVID-19) pandemic. Earlier this month, the government went ahead with a notification for implementing CAA. 
 
(With inputs from agencies)

India's Press Information Bureau (PIB) on Tuesday (Mar 12) issued a fact-check rebuttal of claims made by international media outlet Al Jazeera that had labelled the Citizenship Amendment Act (CAA) "anti-Muslim".

India's Press Information Bureau (PIB) on Tuesday (Mar 12) issued a fact-check rebuttal of claims made by international media outlet Al Jazeera that had labelled the Citizenship Amendment Act (CAA) "anti-Muslim". India on Monday (Mar 11) announced the implementation of the Citizenship (Amendment) Rules, 2024, which aims at granting citizenship to undocumented non-Muslim migrants from Pakistan, Bangladesh and Afghanistan. In a post on X on the same, Al Jazeera wrote: "India implements 'anti-Muslim' 2019 citizenship law weeks before election." Also read: What is CAA? How it fast tracks citizenship of religious minorities from parts of South Asia The social media post linked to an article from the Qatar-based media group, headlined, "India implements 'anti-Muslim' 2019 citizenship law weeks before election". PIB posted a screenshot of the Al Jazeera report, marking it as "MISLEADING". The government agency wrote, "Misinformation is being spread by @AJEnglish regarding the Citizenship Amendment Act, calling the act 'anti-Muslim'". It added that "CAA will not take away citizenship of any Indian citizen irrespective of religion. It's not against any single religion/ community." "It's an enabling law only to provide citizenship to persecuted minorities from neighboring countries - Afghanistan, Pakistan & Bangladesh," it added. Misinformation is being spread by @AJEnglish regarding the Citizenship Amendment Act, calling the act 'anti-Muslim'#PIBFactCheck ▶️This claim is misleading! 1/2 pic.twitter.com/EkaV2sEr5X — PIB Fact Check (@PIBFactCheck) March 12, 2024 × Earlier, India's Ministry of Home Affairs had emphasised that the Act "does not prevent any Muslim, who is persecuted in those Islamic countries (Pakistan, Bangladesh and Afghanistan) for practising their version of Islam, from applying for Indian citizenship under the existing laws". "CAA does not cancel the naturalisation laws. Therefore, any person, including Muslim migrants from any foreign country, seeking to be an Indian citizen, can apply for the same under the existing laws," the ministry added. Also read: BJP says PM Modi lived up to his promise by notifying CAA rules Watch this report: × Such false claims and misleading headlines were carried by several international news sites. For example, BBC's headline reads, "CAA: India to enforce migrant law that excludes Muslims". The headline of The Guardian report reads, "India enacts citizenship law criticised as ‘discriminatory’ to Muslims". The headline of the CNN report is "India moves to implement controversial citizenship bill that excludes Muslims". Citizenship Amendment Act (CAA) The Citizenship Amendment Act (CAA) was passed in December 2019, and it got the president's assent. The law, however, could not come into effect so far as rules have to be notified for its implementation. Enacted on December 11, 2019, CAA amended the Citizenship Act 1955 by offering a path towards Indian Citizenship for minority religions from Afghanistan, Bangladesh, and Pakistan: Hindus, Sikhs, Buddhists, Jains, Parsis, or Christians who arrived in India before the end of December 2014. The home ministry said that the "Constitution of India grants us the right to provide religious persecuted refugees with fundamental rights and to grant citizenship from a humanitarian perspective". The implementation of the Citizenship Amendment Act was delayed due to the coronavirus (COVID-19) pandemic. Earlier this month, the government went ahead with a notification for implementing CAA. (With inputs from agencies)

India fact-checks international media report on CAA, labels it ‘misleading’

Moving on the Indian government has dismissed a Harvard University study which claims that at least 6.7 million children in India are without food. The report was first rejected by the Prime Minister's Economic Advisory Council and now the Union Ministry of Women and Child Development says the report is a deliberate and malicious attempt to sensationalize fake news.

Indian govt claims Harvard study ignores importance of breast milk, 'Harvard didn't use public data'

The United States is trying to help India negotiate lower prices for Russian oil as it deepens sanctions on tankers carrying the petroleum above Western price caps, President Joe Biden's energy envoy said on Tuesday.

Is the US trying to help India get lower prices for Russian oil?

Haryana's Chief Minister&nbsp;Nayab Singh Saini&nbsp;won floor test in the state assembly's held on Wednesday (Mar&nbsp;13), a day after taking oath and assuming office as the CM. Saini garnered support from 48 MLAs, securing his government's position, as reported by ANI.

Saini's government presented a vote of confidence in the Assembly to demonstrate its majority. With favourable numbers on its side, the Saini government clinched a comfortable victory in the confidence vote, just a few weeks ahead of the Lok Sabha Elections.

"I come from a humble family background, no one is in politics in my family. I am just a party worker of the BJP and today I have been given such a big opportunity. I must say that this can be only possible in a party like the BJP," Saini said.&nbsp;

The 53-year-old Member of Parliament representing Kurukshetra in Haryana's Lok Sabha, officially met with Governor Bandaru Dattatreya on March 12 to stake his claim to form the government in Haryana.

Before this, former Haryana chief minister Manohar Lal Khattar and his cabinet resigned to Governor Bandaru Dattatreya, amidst reports of a BJP-JJP alliance rift on March 12.

Alongside the 41 MLAs from the ruling BJP, the government is supported by six Independent MLAs and Gopal Kanda of the Haryana Lokhit Party (HLP).

<a href="https://www.wionews.com/india-news/mukhtar-ansari-jailed-mafia-don-turned-politician-sentenced-to-life-imprisonment-699695">Also read |&nbsp;Mukhtar Ansari, jailed mafia don-turned-politician, sentenced to life imprisonment</a>

<h2>Khattar announces resignation from assembly</h2>

Former chief minister Manohar Lal Khattar declared his resignation as an MLA from the Karnal constituency. There's a strong possibility that the BJP will nominate him as a candidate for the Lok Sabha election, as per reports.

Also watch |&nbsp;CAA rules notified: Why states may not be able to stop CAA's implementation

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/caa-rules-notified-why-states-may-not-be-able-to-stop-caas-implementation-699709/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

“I announce today that I am resigning from the post of MLA from Karnal Assembly seat. Now from today, our CM Nayab Saini will take over the responsibility of Karnal Assembly,” the two-time former chief minister said.

(With inputs from agencies)

Haryana's Chief Minister Nayab Singh Saini won floor test in the state assembly's held on Wednesday (Mar 13), a day after taking oath and assuming office as the CM.

Haryana's Chief Minister Nayab Singh Saini won floor test in the state assembly's held on Wednesday (Mar 13), a day after taking oath and assuming office as the CM. Saini garnered support from 48 MLAs, securing his government's position, as reported by ANI. Saini's government presented a vote of confidence in the Assembly to demonstrate its majority. With favourable numbers on its side, the Saini government clinched a comfortable victory in the confidence vote, just a few weeks ahead of the Lok Sabha Elections. "I come from a humble family background, no one is in politics in my family. I am just a party worker of the BJP and today I have been given such a big opportunity. I must say that this can be only possible in a party like the BJP," Saini said. The 53-year-old Member of Parliament representing Kurukshetra in Haryana's Lok Sabha, officially met with Governor Bandaru Dattatreya on March 12 to stake his claim to form the government in Haryana. Before this, former Haryana chief minister Manohar Lal Khattar and his cabinet resigned to Governor Bandaru Dattatreya, amidst reports of a BJP-JJP alliance rift on March 12. Alongside the 41 MLAs from the ruling BJP, the government is supported by six Independent MLAs and Gopal Kanda of the Haryana Lokhit Party (HLP). Also read | Mukhtar Ansari, jailed mafia don-turned-politician, sentenced to life imprisonment Khattar announces resignation from assembly Former chief minister Manohar Lal Khattar declared his resignation as an MLA from the Karnal constituency. There's a strong possibility that the BJP will nominate him as a candidate for the Lok Sabha election, as per reports. Also watch | CAA rules notified: Why states may not be able to stop CAA's implementation “I announce today that I am resigning from the post of MLA from Karnal Assembly seat. Now from today, our CM Nayab Saini will take over the responsibility of Karnal Assembly,” the two-time former chief minister said. (With inputs from agencies)

India: CM Nayab Singh Saini-led Haryana govt wins floor test in state assembly

In a significant development, the National Investigation Agency (NIA)&nbsp;is questioning a suspect in the Rameshwaram cafe blast case. No arrest has been made so far.

The explosion in the popular Bengaluru cafe caused injuries to nine people on March 1.&nbsp;According to police sources, this man is suspected to be an associate of the main suspect captured on security camera leaving a bag at the cafe on the day of the explosion.

As per details from NIA sources reported by ANI, the suspect named Shabbir was detained in Bellary district, Karnataka.

“He is still being questioned in the case. It is yet to be ascertained whether he is the same man caught on CCTV camera,” ANI quoted the sources as saying.

This development comes two days after Karnataka Home Minister G Parameshwara hinted at progress in identifying the suspect linked to the March 1 blast at the cafe.&nbsp;

The NIA&nbsp;has offered a reward of ₹1 million ($13K)&nbsp;for any information regarding the perpetrator involved in the explosion.&nbsp;Additionally, the agency has guaranteed the protection of the identities of those providing information.

"NIA announces a cash reward of 10 lakh rupees for information about the bomber in Rameshwaram Cafe blast case of Bengaluru. Informants' identity will be kept confidential," the NIA said in a post on 'X'.

The counter-terrorism agency, which assumed control of the investigation on March 3, has appealed to the public for assistance in identifying the principal suspect believed to have planted an Improvised Explosive Device (IED) at the popular Bengaluru restaurant.

<a href="https://www.wionews.com/india-news/inside-bengalurus-rameshwaram-cafe-blast-man-orders-idli-flees-leaving-bag-with-explosives-watch-695702">Also read |&nbsp;Rameshwaram Cafe blast: Man orders idli, flees leaving bag with explosives at Bengaluru eatery. WATCH</a>

<h2>Cafe reopens&nbsp;amid tight security</h2>

The Rameshwaram Cafe resumed operations on Saturday (Mar 9), following a low-intensity blast.

The founders of the cafe, Divya Raghavendra Rao and Raghavendra Rao, resumed operations, reopening their fast-food eatery famous for its South Indian cuisine staples.

“The attack on the cafe did not dampen our spirits. It only united us and made us fight back harder. The reopening today is our response to the attack. It also sends a message — that Indians will not be deterred by such attacks,” the founder told the Indian Express.

Also watch |&nbsp;&nbsp;Bengaluru's Rameshwaram cafe reopens after 8 days with tight security

<iframe allowfullscreen="" autoplay="1" frameborder="0" height="350" src="https://www.wionews.com/videos/india-bengalurus-rameshwaram-cafe-reopens-after-8-days-with-tight-security-698356/embed" width="560"></iframe>

The cafe incurred damage from the attack, primarily affecting the handwashing area. Some damage was also caused to the roof, cash counter, and the cafe's logo. Security measures have since been enhanced at the establishment.

(With inputs from agencies)

In a significant development, the National Investigation Agency (NIA) is questioning a suspect in the Rameshwaram cafe blast case. No arrest has been made so far.

In a significant development, the National Investigation Agency (NIA) is questioning a suspect in the Rameshwaram cafe blast case. No arrest has been made so far. The explosion in the popular Bengaluru cafe caused injuries to nine people on March 1. According to police sources, this man is suspected to be an associate of the main suspect captured on security camera leaving a bag at the cafe on the day of the explosion. As per details from NIA sources reported by ANI, the suspect named Shabbir was detained in Bellary district, Karnataka. “He is still being questioned in the case. It is yet to be ascertained whether he is the same man caught on CCTV camera,” ANI quoted the sources as saying. This development comes two days after Karnataka Home Minister G Parameshwara hinted at progress in identifying the suspect linked to the March 1 blast at the cafe. The NIA has offered a reward of ₹1 million ($13K) for any information regarding the perpetrator involved in the explosion. Additionally, the agency has guaranteed the protection of the identities of those providing information. "NIA announces a cash reward of 10 lakh rupees for information about the bomber in Rameshwaram Cafe blast case of Bengaluru. Informants' identity will be kept confidential," the NIA said in a post on 'X'. The counter-terrorism agency, which assumed control of the investigation on March 3, has appealed to the public for assistance in identifying the principal suspect believed to have planted an Improvised Explosive Device (IED) at the popular Bengaluru restaurant. Also read | Rameshwaram Cafe blast: Man orders idli, flees leaving bag with explosives at Bengaluru eatery. WATCH Cafe reopens amid tight security The Rameshwaram Cafe resumed operations on Saturday (Mar 9), following a low-intensity blast. The founders of the cafe, Divya Raghavendra Rao and Raghavendra Rao, resumed operations, reopening their fast-food eatery famous for its South Indian cuisine staples. “The attack on the cafe did not dampen our spirits. It only united us and made us fight back harder. The reopening today is our response to the attack. It also sends a message — that Indians will not be deterred by such attacks,” the founder told the Indian Express. Also watch | Bengaluru's Rameshwaram cafe reopens after 8 days with tight security The cafe incurred damage from the attack, primarily affecting the handwashing area. Some damage was also caused to the roof, cash counter, and the cafe's logo. Security measures have since been enhanced at the establishment. (With inputs from agencies)

Bengaluru blast: India's NIA questions suspect in Bengaluru Rameshwaram Cafe blast case

English singer-songwriter Ed Sheeran is in India for his second concert in Mumbai. The singer visited a school in Mumbai and spent time with his young fans, as he played songs for them and sang along with them. The singer-songwriter is set to perform in Mumbai on March 16.

Ed Sheeran visits school in Mumbai, swaps performances with students

Elections are around the corner in India. Indian govt notifies CAA rules ahead of elections. Politics in India has heated up. Some states and central govt are at crossroads over CAA. Watch this video for all details.

CAA rules notified: Why states may not be able to stop CAA's implementation

In one of the biggest pre poll announcement from the Congress Camp, Party Chief Mallikarjun Kharge has indicated that he might not contest the upcoming Lok Sabha Elections. Watch to know more!

India Elections 2024: Congress Chief Mallikarjun Kharge hints not contesting Lok Sabha polls

BJP's newly appointed Haryana chief minister Nayab Singh's floor test currently underway in the State Assembly, 54-year-old Saini was sworn in as the new chief minister of Haryana at a rapidly assembled ceremony in Chandigarh on Tuesday evening and this development came off after former Chief Minister Manohar Lal Khattar resigned along with his cabinet ministers earlier in the day.

Haryana Crisis intensifies as Nayab Singh Saini Faces critical floor test

WION's Business Desk brings you this daily round-up of global stories from the world of business and economy.

Global dividend payouts soar to record high of $1.66 tn in 2023, led by banking sector<o:p></o:p>

Corporate dividends worldwide reached an unprecedented high of $1.66 trillion in 2023, according to reports from British asset manager Janus Henderson released on Wednesday.

<a href="https://www.wionews.com/business-economy/global-dividend-payouts-soar-to-record-high-of-166-tn-in-2023-led-by-banking-sector-699559">Read more here</a><o:p></o:p>

UK inks trade pact with Texas to drive green industry collaboration<o:p></o:p>

The United Kingdom has forged a significant partnership with Texas, the second-largest state in the US, aimed at fostering collaboration in green energy, aerospace, and advanced technologies.

<a href="https://www.wionews.com/business-economy/uk-inks-trade-pact-with-texas-to-drive-green-industry-collaboration-699563">Read more here</a><o:p></o:p>

Meta takes legal action against former executive for alleged document theft<o:p></o:p>

Meta Platforms Inc., the parent company of Facebook, has initiated legal proceedings against its former Vice President of Infrastructure, Dipinder Singh Khurana, accusing him of betraying the company's trust by allegedly stealing confidential documents before joining a "stealth" AI cloud computing startup.

<a href="https://www.wionews.com/business-economy/meta-takes-legal-action-against-former-executive-for-alleged-document-theft-699566">Read more here</a><o:p></o:p>

India's inflation holds steady in February at 5.09 pc, core inflation declines<o:p></o:p>

India's Consumer Price Index (CPI) remained unchanged in February, registering a 5.09 per cent inflation rate, mirroring the previous month's figure of 5.1 per cent.

<a href="https://www.wionews.com/business-economy/indias-inflation-holds-steady-in-february-at-509-pc-core-inflation-declines-699589">Read more here</a><o:p></o:p>

China's Country Garden defaults on yuan bond coupon payment for first time <o:p></o:p>

Country Garden Holdings Co, a major Chinese property developer, has failed to make a coupon payment on a yuan bond for the first time, signalling escalating financial troubles for the company.

<a href="https://www.wionews.com/business-economy/chinas-country-garden-defaults-on-yuan-bond-coupon-payment-for-first-time-699623">Read more here</a><o:p></o:p>

NCLAT upholds Jet Airways' transfer to Jalan Kalrock Consortium, revival in sight<o:p></o:p>

Jet Airways sees a glimmer of hope as the National Company Law Appellate Tribunal (NCLAT) directs the transfer of the bankrupt airline's ownership to the Jalan Kalrock Consortium (JKC) within 90 days.

<a href="https://www.wionews.com/business-economy/nclat-upholds-jet-airways-transfer-to-jalan-kalrock-consortium-revival-in-sight-699642">Read more here</a><o:p></o:p>

PwC Australia implements further job cuts amid restructuring following scandal<o:p></o:p>

PwC Australia announced on Wednesday that it would undertake further job cuts, totalling an additional 329 positions, as part of a significant restructuring effort following a national scandal.

<a href="https://www.wionews.com/business-economy/pwc-australia-implements-further-job-cuts-amid-restructuring-following-scandal-699640">Read more here</a><o:p></o:p>

UNICEF warns of alarming rise in child poverty in Argentina<o:p></o:p>

UNICEF has issued a stark warning about the dire trajectory of child poverty in Argentina, cautioning that without a change in course, the country's child poverty rate could soar to 70 per cent in the first quarter of this year.

<a href="https://www.wionews.com/business-economy/unicef-warns-of-alarming-rise-in-child-poverty-in-argentina-699645">Read more here</a><o:p></o:p>

ITC shares surge after block trade, while BAT plans to reduce stake<o:p></o:p>

ITC, one of India's prominent cigarette manufacturers, experienced a surge in its shares, rising over 8 per cent on Wednesday.

<a href="https://www.wionews.com/business-economy/itc-shares-surge-after-block-trade-after-bat-announces-plans-to-reduce-stake-699658">Read more here</a><o:p></o:p>

SBI complies with Supreme Court order, submits electoral bonds data to ECI<o:p></o:p>

Following the Supreme Court's directives, the State Bank of India (SBI) has provided detailed information regarding the purchase and redemption of electoral bonds to the Election Commission of India (ECI).

<a href="https://www.wionews.com/business-economy/sbi-complies-with-supreme-court-directive-submits-electoral-bonds-data-to-election-commission-699652">Read more here</a><o:p></o:p>

Global trade disrupted by Red Sea attacks and Panama Canal drought: IMF<o:p></o:p>

Recent attacks on vessels in the Red Sea region and a severe drought at the Panama Canal have disrupted global trade, causing significant slowdowns and redirections in maritime traffic, according to the IMF.

<a href="https://www.wionews.com/business-economy/global-trade-disrupted-by-red-sea-attacks-and-panama-canal-drought-imf-699672">Read more here</a> <o:p></o:p>

WION's Business Desk brings you this daily round-up of global stories from the world of business and economy. Global dividend payouts soar to record high of $1.66 tn in 2023, led by banking sector Corporate dividends worldwide reached an unprecedented high of $1.

WION's Business Desk brings you this daily round-up of global stories from the world of business and economy. Global dividend payouts soar to record high of $1.66 tn in 2023, led by banking sector Corporate dividends worldwide reached an unprecedented high of $1.66 trillion in 2023, according to reports from British asset manager Janus Henderson released on Wednesday. Read more here UK inks trade pact with Texas to drive green industry collaboration The United Kingdom has forged a significant partnership with Texas, the second-largest state in the US, aimed at fostering collaboration in green energy, aerospace, and advanced technologies. Read more here Meta takes legal action against former executive for alleged document theft Meta Platforms Inc., the parent company of Facebook, has initiated legal proceedings against its former Vice President of Infrastructure, Dipinder Singh Khurana, accusing him of betraying the company's trust by allegedly stealing confidential documents before joining a "stealth" AI cloud computing startup. Read more here India's inflation holds steady in February at 5.09 pc, core inflation declines India's Consumer Price Index (CPI) remained unchanged in February, registering a 5.09 per cent inflation rate, mirroring the previous month's figure of 5.1 per cent. Read more here China's Country Garden defaults on yuan bond coupon payment for first time Country Garden Holdings Co, a major Chinese property developer, has failed to make a coupon payment on a yuan bond for the first time, signalling escalating financial troubles for the company. Read more here NCLAT upholds Jet Airways' transfer to Jalan Kalrock Consortium, revival in sight Jet Airways sees a glimmer of hope as the National Company Law Appellate Tribunal (NCLAT) directs the transfer of the bankrupt airline's ownership to the Jalan Kalrock Consortium (JKC) within 90 days. Read more here PwC Australia implements further job cuts amid restructuring following scandal PwC Australia announced on Wednesday that it would undertake further job cuts, totalling an additional 329 positions, as part of a significant restructuring effort following a national scandal. Read more here UNICEF warns of alarming rise in child poverty in Argentina UNICEF has issued a stark warning about the dire trajectory of child poverty in Argentina, cautioning that without a change in course, the country's child poverty rate could soar to 70 per cent in the first quarter of this year. Read more here ITC shares surge after block trade, while BAT plans to reduce stake ITC, one of India's prominent cigarette manufacturers, experienced a surge in its shares, rising over 8 per cent on Wednesday. Read more here SBI complies with Supreme Court order, submits electoral bonds data to ECI Following the Supreme Court's directives, the State Bank of India (SBI) has provided detailed information regarding the purchase and redemption of electoral bonds to the Election Commission of India (ECI). Read more here Global trade disrupted by Red Sea attacks and Panama Canal drought: IMF Recent attacks on vessels in the Red Sea region and a severe drought at the Panama Canal have disrupted global trade, causing significant slowdowns and redirections in maritime traffic, according to the IMF. Read more here

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