- Elon Musk misled investors before buying Twitter in 2022, finds US jury — $2.6 billion coming for shareholders? March 21, 2026The class-action lawsuit was filed just before Elon Musk took control of Twitter in the $44 billion deal, which he later renamed X. Lawyers for the plaintiff estimated a $2.6 billion payout in damages.
- Great Eastern Shipping gains as charter rates double due to war in West Asia March 21, 2026The shipping firm is using high spot-market exposure to capitalize on increased global charter rates fuelled by the West Asia war. Its strategic fleet positioning and successful navigation of blockaded waters have driven a 27% stock rally despite a broader market correction.
- Jury finds Elon Musk misled investors during Twitter purchase, absolves him of some fraud claims March 20, 2026Jury finds Elon Musk misled investors during Twitter purchase, absolves him of some fraud claims
- Trump Suit Against Capital One Dismissed But Can Be Refiled March 20, 2026The Trump Organization’s lawsuit accusing Capital One Financial Corp. of political discrimination and illegally closing its accounts in 2021 was tossed out by a judge, but he said the claims can be refiled if Trump’s company can fix its “deficient” complaint.
- Lula Says Petrobras, Pemex Could Partner on Oil Exploration March 20, 2026Brazil President Luiz Inacio Lula da Silva said he spoke with Mexican leader Claudia Sheinbaum about a possible exploration partnership between their nations’ state-run oil companies in the Gulf of Mexico.
- Spice exporters brace for tough times as US buyers stay away March 20, 2026American buyers have stopped contacting Indian spice exporters. This is due to the Iran war. This trade disruption affects India's valuable farm exports. The US is India's largest spice market. This situation could lead to excess domestic supply and lower prices. Exporters and farmers face increased stress. Trade routes are disrupted, and freight c […]
- New I-T Act framework notified; taxpayer relief with stricter compliance from April 1 March 20, 2026New Income Tax Act rules are now in effect from April 1. These rules offer relief to taxpayers with increased house rent allowance limits in major cities. Employer-provided benefits like food coupons and cars are also expanded. Stricter disclosure requirements are introduced for businesses and professionals. Auditors and companies face greater responsibility […]
- India's core growth eases to 2.3% in February on poor energy show March 20, 2026India's core sector growth decelerated to a three-month low of 2.3% in February, impacted by subdued electricity generation and declining energy industries. Cement and steel showed growth, driven by government infrastructure initiatives, but overall industrial output is expected to face headwinds from the West Asia crisis.
- Govt amends norms for exporters availing the interest subvention support March 20, 2026New rules for export credit interest subvention are now in effect from January 2. Exporters will not receive benefits if their loan becomes a Non-Performing Asset. Early loan repayment will only receive subvention for the actual outstanding period. Digital processes are introduced for smoother claims. These changes aim to streamline benefits for trade and ba […]
- ICAR–IVRI achieves breakthrough in Sahiwal breeding using advanced reproductive technologies March 20, 2026The technology involves ovum pick-up, in vitro fertilization, and embryo transfer. This opens new avenues for rapid genetic improvement of India's dairy breeds.
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