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Acquisition of two Chennai office assets from sponsor portfolio to strengthen Mindspace REIT's presence and expand leasable portfolio and asset base

Mindspace Business Parks REIT

Business Standard

Essar-backed Mesabi Metallics raises $520 million through a secured credit facility as it nears commercial operations at its iron ore project in Minnesota

investment, funds, funding

Edtech firm reports 36 per cent rise in collections and strong enrolment growth during its flagship 20-day Vishwas Diwas period

PhysicsWallah

Iran has approved a plan to impose tolls on ships passing through the Strait of Hormuz amid the ongoing West Asia war, raising concerns over global oil supply as Brent crude trades near $111 a barrel

Israel, Dimona, Iran strikes

At least eight women were killed in a stampede at a temple in Bihar's Nalanda district on Tuesday, Police said.
The incident took place due to a heavy rush of devotees at the Shitala Mata temple on Tuesday morning, a senior officer said.
Bihar Sharif Assistant Superintendent of Police Noorul Haque said, "At least eight women died in the stampede at Shitala Mata temple on Tuesday morning. Police personnel and officials of the district administration have reached the spot, and the rescue work is on."
The exact cause of the stampede is not known, but there was a huge rush of devotees, said Haque, who was also present at the spot.

Bengaluru RCB stampede

Agencies

By late March, gold
had given up all its year-to-date (2026) gains, falling back to Dec 2025 levels - roughly $4,100-4,300/oz - a
drop of about 20-25% from the peak of Jan 2026

Gold prices

The number of Americans wounded in the Iran war has grown beyond 300, with more than two dozen troops injured this week from attacks on a Saudi air base.
Iran fired six ballistic missiles and 29 drones at Saudi Arabia's Prince Sultan air base in an attack Friday that injured at least 15 troops, including five seriously, according to two people briefed on the matter.
US officials initially reported that at least 10 US troops were injured, including two who were seriously wounded.
More American forces are reaching the Middle East, with a Navy ship carrying about 2,500 Marines having now arrived in the region, US Central Command announced Saturday.
The USS Tripoli, an amphibious assault ship, as well as the elements from the 31st Marine Expeditionary Unit that are aboard, are based in Japan. They were conducting exercises in the area around Taiwan when the order came to deploy to the Middle East almost two weeks ago.
Central Command said that in addition to the Marines, the Tripoli a

Iran, US Israel attacks on Iran, Israel Iran conflict, US Iran, Israel Iran

Press Trust of India

It said that early high-frequency indicators for March 2026 suggest a moderation in economic momentum, reflecting the initial impact of these global developments

Chief Economic Advisor V Anantha Nageswaran

Swiss food giant Nestle says about 12 tons, or 413,793 candy bars, of its KitKat chocolate brand were stolen after leaving its production site in Italy earlier this week for Poland.
The company, based in Vevey, Switzerland, said in a statement on Friday that "the vehicle and its load are still nowhere to be found".
The shipment of the crunchy bars, made of waffles covered with chocolate, disappeared last week while en route between production and distribution locations. The chocolate bars were to be distributed throughout Europe.
The missing candy bars could enter unofficial sales channels across European markets, the company said, but if this does happen, all products can be traced using the unique batch code assigned to individual bars.
A spokesperson for KitKat said that as a result, consumers, retailers and wholesalers would be able to identify if a product is part of the stolen shipment by scanning the on-pack batch numbers.
If a match is found, the scanner will be given clea

Nestle, Kitkat

The government has stepped up measures to secure fuel and gas supplies amid the closure of the Strait of Hormuz, while urging citizens to avoid panic buying as sporadic rushes were reported at fuel stations.
In a statement, giving an update on developments following the war in West Asia, the oil ministry said refineries are operating at high capacity with adequate crude inventories, and stocks of petrol and diesel remain sufficient nationwide. Retail outlets are functioning normally, even as rumours triggered temporary spikes in demand in some states.
"There were certain rumours, which led to panic buying at some retail outlets in a few states, resulting in unusually high sales and heavy crowding at retail outlets. However, it is informed that there are adequate stocks of petrol and diesel available at all petrol pumps in the country," it said.
To boost domestic availability, the government has cut excise duty on petrol and diesel by Rs 10 per litre and imposed export levies of Rs .

Strait of Hormuz, crude oil (Photo: PTI)

India's growing economy and massive infrastructure needs align perfectly with American expertise in energy, advanced manufacturing and digital infrastructure and both sides are well-positioned for a 'win-win' expansion of their strategic economic pillar, US Ambassador Sergio Gor has said.
The envoy said the two countries are prioritising building resilient supply chains for semiconductors and critical minerals, and welcomed New Delhi joining the US-led 'Pax Silica' initiative, which aims to secure these networks amid intense competition from China.
In an interview to Span magazine, a US embassy publication, the ambassador said Washington is uniquely positioned to serve as the "main facilitator" of economic growth across South and Central Asia and that its proposed trade deal with India will create a "powerful anchor" for regional economic integration.
Elaborating on the US' defence and security cooperation with India, he said it represents the "most strategically significant" area o

US Ambassador Sergio Gor is seen during a press conference, in New Delhi, in this file photo dated Monday, Jan. 12, 2026. (PTI Photo/Atul Yadav)

Former Raymond chairman Vijaypat Singhania died here on Saturday evening, his family said.
He was 87.
His son Gautam Singhania, the group's current chairman and managing director, announced the death on the microblogging platform 'X'.
Singhania passed away "peacefully" in Mumbai, and the last rites will be performed on Sunday, a Raymond Group spokesperson said.
Vijaypat Singhania, a recipient of the Padma Bhushan, was also a keen aviator and held a world record for the highest altitude gained in a hot air balloon.
He led Raymond as chairman for two decades till 2000. After handing over the reins of the company to Gautam, Vijaypat also transferred his entire 37 per cent stake in the company to his son.
Vijaypat Singhania and his son were embroiled in legal disputes some years ago, but later they settled the issues.

Vijaypat Singhania embarks on his last journey carried by Madhupati Singhania and Gautam Hari Singhania | Photo: Company Sources

Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday said in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a main and very crucial factor in improving the health

As conflict escalates in West Asia, a hidden risk is emerging beneath the sea. The world’s internet cables, carrying over 95% of global data, are under threat.

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