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Trade deficit for February widens to $3.96 billion: India’s exports climb 11%, imports surge 21%


Trade deficit for February widens to $3.96 billion: India’s exports climb 11%, imports surge 21%

India’s combined merchandise and services exports reached $76.13 billion in February 2026, marking an 11.04%increase from $68.56 billion in February 2025, the commerce ministry said on Monday. At the same time, imports surged even more sharply, rising 21.61% to $80.09 billion from $65.84 billion a year earlier. This led to a widened overall trade deficit of $3.96 billion for February, compared with a deficit of $2.72 billion in the same month last year. Merchandise exports in February dipped slightly to $36.61 billion from $36.91 billion, while imports jumped from $51.33 billion to $63.71 billion. Services exports, meanwhile, rose to $39.53 billion from $31.65 billion, and services imports increased to $16.38 billion from $14.51 billion. For the fiscal year so far (April–February), overall exports are estimated at $790.86 billion, up from $747.58 billion in the previous year, reflecting growth of around 5.8 per cent, or roughly $42–43 billion. India had previously set a record with total exports of $824.9 billion in 2024–25, exceeding projections of $800 billion and marking a 6.01 per cent rise from $778.1 billion in 2023–24. Commenting on the data, commerce secretary Rajesh Agrawal said, “The country’s exports are doing well despite challenges.” He added that exports during April–February of FY26 increased 1.84%to $402.93 billion, while imports rose 8.53% to $713.53 billion. Agrawal also warned that March exports could slow due to logistical disruptions caused by the West Asia crisis, which began on February 28 with US and Israeli military action against Iran and has impacted critical trade routes, including the Strait of Hormuz.



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Thousands of abandoned coal mines in the US could become giant ‘water batteries’ storing clean energy, scientists say | World News


Across the United States, thousands of abandoned coal mines sit quietly beneath the ground. Old tunnels, empty shafts, and remnants of an industrial era that once powered cities and factories. For decades, these sites were mostly seen as environmentally problematic, expensive to maintain, and difficult to repurpose.Now, researchers believe those same mines might hold the key to storing clean energy. Scientists at Oak Ridge National Laboratory are reportedly developing advanced modelling tools that could transform these underground networks into massive “water batteries”. The idea sounds unusual at first. Yet it appears to offer two benefits at once. Long-term energy storage for renewable power, and a new economic purpose for communities shaped by coal mining.It is still early days. But experts say the concept could change how energy storage works in regions that lack mountains or traditional hydropower sites. This transformation utilizes Pumped Storage Hydropower (PSH), where excess solar or wind energy pumps water into higher shafts, releasing it through turbines during peak demand to generate instantaneous electricity.By converting structural liabilities into reliable ‘gravity batteries,’ this initiative revitalizes local economies while providing the high-capacity grid stabilization essential for a total transition toward a carbon-free energy future.

How pumped storage hydropower stores electricity using water

Energy storage is one of the biggest challenges in the shift toward renewable power. Solar and wind can produce huge amounts of electricity. Just not always when people need it. That’s where pumped storage hydropower comes in.The idea is simple, at least in theory. Water moves between two reservoirs located at different heights. When electricity is cheap or abundant, say during a sunny afternoon, power pumps water uphill. Later, when demand rises, the water flows back down through turbines to generate electricity.Experts say pumped storage hydropower already accounts for more than 90 percent of utility-scale energy storage in the United States. So the technology itself is not new.Traditional systems need large mountains or steep hills to create the height difference required for water pressure. Many regions simply do not have the terrain. That limitation has slowed expansion for years.

How abandoned mines could support future power systems

Researchers at Oak Ridge National Laboratory think abandoned coal mines might solve that problem.Instead of building large reservoirs on mountainsides, the lower reservoir could sit deep inside an existing mine shaft. Water would still move between the two levels. The difference is that one of those levels already exists underground. Thousands of mines across the country reach hundreds of metres below the surface. Some are even deeper. That vertical distance could create the pressure needed to spin turbines and generate electricity. It also means fewer large construction projects on the surface. And possibly much lower costs.Using existing tunnels and shafts reportedly speeds up development as well. Engineers would not need to dig entirely new underground structures.

Why old coal mines need careful testing before reuse

Repurposing a coal mine is not as easy as filling it with water. Minerals left behind from decades of mining can react with water in ways that damage equipment. Turbines are expensive. Corrosion is the last thing engineers want. Researchers say this is where new modelling tools come in.The Oak Ridge team has built detailed hydrodynamic and chemical simulations that track how water might move through mine tunnels. The models also analyse how water interacts with minerals in the surrounding rock. If certain minerals appear likely to cause corrosion, engineers can design systems to reduce that risk. Or choose a different site entirely. Old mines were not designed to handle large volumes of fast-moving water under pressure. The models help researchers check whether tunnel walls might crack or collapse.

Why mining communities are watching closely

For towns built around coal mining, the idea carries a certain symbolism. These mines once powered the industrial economy.Now they might support clean energy. Energy storage projects could also create new jobs in regions where mining has declined. Engineers, technicians, maintenance crews. Small but meaningful economic activity. Experts say it is too early to promise large employment numbers.Turning environmental liabilities into useful infrastructure sounds appealing. Particularly in areas where abandoned mines already require monitoring and maintenance.



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“Anil bhai at 8…”: Virat Kohli names his greatest RCB playing XI featuring iconic leg spinner ahead of IPL 2026



The anticipation for IPL 2026 is reaching a fever pitch as Royal Challengers Bengaluru (RCB) prepare to defend their hard-earned crown. Following their historic maiden title win in 2025, the franchise is no longer the underdog but the target. Amidst this high-stakes environment, the heartbeat of the team, Virat Kohli, has sent social media into a frenzy by naming his all-time RCB XI.

In a newly surfaced video shared by RCB’s official handles, the 36-year-old maestro, who was instrumental in the 2025 triumph, looked back at the legends who built the foundation of the franchise. While the lineup is a ‘Who’s Who’ of T20 royalty, the most significant inclusion wasn’t a power-hitter, but a legendary leg-spinner: Anil Kumble. By slotting ‘Anil Bhai’ into the bowling attack, Kohli has bridged a decade-long gap, signalling a profound respect for the man who once led him in his formative years.

Virat Kohli picks his all-time RCB XI

Kohli’s selection is a tactical masterpiece, balancing the explosive ‘Big Three’ era with the grit of the 2025 champions. He chose himself and Chris Gayle to open the innings, a duo that holds some of the most prolific partnerships in T20 history. At the pivotal No. 3 spot sits AB de Villiers, the man Kohli often calls the most gifted player he’s played with.

The middle order reflects Kohli’s deep appreciation for technical prowess and local talent. KL Rahul, despite his move to Delhi Capitals for the 2026 season, earned the No. 4 spot for his stellar 2016 run. Interestingly, Kohli gave the nod to Rajat Patidar at No. 5, citing his “incredible ability to play spin,” followed by the evergreen finisher Dinesh Karthik.

However, the bowling department is where the real “heavy metal” resides. With a pace attack featuring Mitchell Starc and Dale Steyn, Kohli opted for pure intimidation. But the selection of Yuzvendra Chahal and Anil Kumble ensures that the M. Chinnaswamy Stadium’s small boundaries are defended by the highest level of craft.

Kohli’s chosen all-time RCB XI

Chris Gayle, Virat Kohli, AB De Villiers, KL Rahul, Rajat Patidar, Dinesh Karthik, Harshal Patel, Anil Kumble, Mitchell Starc, Dale Steyn, Yuzvendra Chahal

Also READ: Former RCB coach takes blind rank challenge, puts Virat Kohli at No. 5 among 6 IPL captains

The significance of the Anil Kumble-Kohli connection

The highlight of the reveal was undoubtedly the inclusion of Kumble at No. 8. For seasoned cricket fans, this isn’t just a tactical choice; it’s a sentimental one. The relationship between Kohli and Kumble has been a subject of intense scrutiny since 2017, following Kumble’s high-profile resignation as the Head Coach of the Indian National Team. At the time, Kumble described the partnership as “untenable,” sparking years of rumors regarding a rift between the two icons.

By naming Kumble in his greatest XI, Kohli has effectively silenced the ghosts of the past. It serves as a public acknowledgment of Kumble’s massive impact on RCB during the 2009 and 2010 seasons, where ‘Jumbo’ led the team with a fierce, competitive spirit that Kohli himself eventually adopted.

This gesture comes at a perfect time. As RCB gears up to face Sunrisers Hyderabad in the IPL 2026 opener, Kohli’s focus is clearly on legacy and unity. He isn’t just looking to defend a trophy; he is honouring the lineage of a club that took 18 years to reach the summit. With Anil Bhai leading the hypothetical spin attack, Kohli’s All-Time XI isn’t just a team, it’s a tribute to the resilience of the Bold Brigade.

Also READ: Explained: Virat Kohli’s absence from the T20 World Cup 2026 Final while MS Dhoni and Rohit Sharma were in attendance



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‘You can make two-three XIs’: Suryakumar Yadav says India’s T20 talent pool now ‘unlimited’ | Cricket News


‘You can make two-three XIs’: Suryakumar Yadav says India’s T20 talent pool now ‘unlimited’
India captain Suryakumar Yadav with his teammates. (ANI Photo)

NEW DELHI: India’s T20 World Cup-winning captain Suryakumar Yadav believes the country’s talent pool in the shortest format has grown so vast that multiple international-quality teams could be formed at the same time — a reflection of the depth created by domestic cricket and the Indian Premier League.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Suryakumar said the current generation of players represents perhaps the strongest T20 group India has produced, highlighting how franchise cricket and domestic competitions continue to produce new stars every season.“If you talk about talent, I feel you can find talent regularly. There is IPL cricket, franchise cricket, then there is domestic cricket. You can see how many players come every year,” Suryakumar said in a podcast interview with PTI Videos.

Rahul Dravid on Indian Cricket’s rise: Robust infra, passionate fans, talent coming from small towns

“So I feel talent is unlimited. If you can make two-three playing XIs, our base is so strong, of the Indian team. So this is not a modest and diplomatic reply. But now it is so strong, so there is no shame in telling the truth.”Since taking over the captaincy after Rohit Sharma stepped down following the ICC Men’s T20 World Cup 2024 triumph in Barbados, Suryakumar has overseen a period of remarkable success. Under his leadership, India have won 42 of their 52 T20 Internationals, establishing themselves as one of the most dominant sides in the format.The 35-year-old credited the team’s impressive run to a collective mindset within the dressing room.“I don’t pay too much attention to statistics but I hate losing any game. If everyone in the dressing room moves in the same direction, only then can you achieve such a percentage,” he said, referring to India’s near 80 per cent win rate.Known for his innovative 360-degree strokeplay, Suryakumar also described T20 batting as largely instinctive and reactive once a player steps onto the field.“I feel batting is about 70–75 per cent reaction. The remaining 25 per cent is instinct, what you decide to do in the moment. Once you enter the ground, you are almost in autopilot mode. You try to bat with rhythm and according to the situation,” he explained.Suryakumar also highlighted his strong working relationship with India head coach Gautam Gambhir, revealing how closely aligned their thinking has been while building the current squad.“Out of 15 names we both suggested, 14 were common. That means the thinking was the same. When the goals are clear, there are no arguments, only discussions,” he said.

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High speed alone cannot establish rash driving: Why Karnataka High Court acquitted man in fatal road accident case


High speed alone cannot establish rash driving: Why Karnataka High Court acquitted man in fatal road accident case
The accused also took the defence that the deceased was under the influence of alcohol and had ridden the motorcycle in a haphazard manner. (AI image)

The Karnataka High Court has set aside the conviction of a man for offences under Sections 279 and 304A of the Indian Penal Code (IPC), holding that mere allegation of “high speed” cannot by itself establish rash or negligent driving in the absence of cogent evidence.Allowing a criminal revision petition, Justice Rajesh Rai K held that the prosecution failed to establish the essential ingredients of rash and negligent driving required to sustain conviction for causing death by negligence.Background of the CaseThe case arose from a road accident that occurred on 14.04.2018 near Ullala Bridge on NICE Road.According to the prosecution, the complainant (PW-1) and the deceased B.T. Dilip Kumar were returning to Bengaluru from Mysuru on a motorcycle after distributing housewarming invitation cards.At around 3:55 PM, they allegedly stopped their motorcycle on the extreme left side of the road to attend nature’s call. While PW-1 stepped away, the deceased remained seated on the motorcycle. At that moment, a Maruti Suzuki Celerio car allegedly driven by the accused collided with the rear portion of the motorcycle, causing the deceased to be thrown off the vehicle. Due to this, the deceased sustained grievous injuries and was taken to Victoria Hospital, where he later succumbed to the injuries.A complaint was subsequently lodged by PW-1 before Tavarekere Police Station, leading to registration of an FIR under Sections 279 and 304A IPAfter investigation, a charge sheet was filed against the accused.During trial before the Chief Judicial Magistrate, Bengaluru Rural District, the prosecution examined five witnesses and relied on documentary evidence including the complaint, FIR and post-mortem report.The trial court found the accused guilty of rash and negligent driving and convicted him under Sections 279 and 304A IPC.Accordingly, the accused was sentenced to:

  1. Fine of Rs.1,000/- for the offence under Section 279 IPC, with 15 days’ simple imprisonment in default
  2. Two months’ simple imprisonment and fine of ₹5,000 under Section 304A IPC, with further imprisonment in default

The accused challenged the conviction before the VI Additional Sessions Judge, Bengaluru Rural District, but the appellate court dismissed the appeal and affirmed the conviction. The accused thereafter approached the High Court through a criminal revision petition.Arguments Before the High CourtThe petitioner argued that both the trial court and the appellate court had failed to properly appreciate the evidence on record. It was argued that PW-1, the complainant and alleged eyewitness, was not actually present at the scene of the accident.During cross-examination, PW-1 admitted that:

  • He reached the hospital after receiving a call from the accused.
  • The accused himself had taken the injured to the hospital not present during the spot mahazar.
  • His signature on the mahazar was obtained at the police station

Based on these admissions, the defence argued that PW-1’s presence at the scene was doubtful and that he appeared to be a planted witness. It was also submitted that the prosecution failed to establish that the accused was driving the vehicle in a rash or negligent manner, which is an essential ingredient for offences under Sections 279 and 304A IPC.State’s SubmissionsOpposing the revision petition, the State argued that the trial court and the appellate court had carefully examined the evidence before recording conviction. The prosecution submitted that PW-1 was an eyewitness and that his testimony, along with medical evidence and other witness statements, clearly established that the accident occurred due to the accused’s rash driving.The State further argued that the post-mortem report confirmed that the deceased died due to injuries sustained in the road accident.High Court’s AnalysisAfter examining the evidence on record, the High Court noted that the fact of the accident and the death of the victim was not disputed. The post-mortem report indicated that the death occurred due to head injury and fractures sustained in the accident. However, the crucial question was whether the accused alone was responsible for the accident due to rash and negligent driving.The Court observed that the prosecution relied primarily on the testimony of PW-1, who was projected as the sole eyewitness. However, several aspects of his testimony created serious doubts about his presence at the spot.Justice Rajesh Rai K observed that PW-1 admitted he went to the hospital after receiving a call from the accused, who had himself taken the injured victim for treatment.The Court noted that PW-1 was also not present during the preparation of the spot mahazar and had signed the document at the police station.In these circumstances, the Court held that little evidentiary value could be attached to his testimony as an eyewitness.The Court observed:“In such circumstances, much credence cannot be attached to the evidence of PW-1 though an alleged eyewitness to the incident as per the prosecution.”The Court further noted that no other eyewitnesses had been examined by the prosecution.The accused also took the defence that the deceased was under the influence of alcohol and had ridden the motorcycle in a haphazard manner immediately before the accident.The High Court observed that the post-mortem report indicated the presence of strong traces of alcohol in the stomach contents of the deceased.In light of this medical evidence, the Court held that the defence version could not be ruled out and appeared reasonably probable.The Court also examined the prosecution’s allegation that the accused was driving the car at high speed. However, the Court observed that no evidence was placed on record to establish what “high speed” meant in the context of the accident.Referring to the Supreme Court decision in State of Karnataka v. Satish (1998) 8 SCC 493, the Court reiterated:“Merely because the truck was being driven at a ‘high speed’ does not bespeak of either ‘negligence’ or ‘rashness’ by itself.”The Court emphasised that in criminal trials, the burden of proving rash or negligent driving lies entirely on the prosecution.The High Court also explained the legal concept of negligence and rashness. The Court observed that negligence involves a breach of duty of care, while rashness implies reckless conduct coupled with conscious disregard of duty.Justice Rajesh Rai K noted that the determination of rashness and negligence depends heavily on the facts and circumstances of each case.The Court further observed that determination of negligence must be assessed in light of the “principle of foreseeability and proximity”, referring to Lord Atkin’s formulation in Donoghue v. Stevenson (1932 AC 562). The Court noted that liability for negligence arises where a person fails to exercise the level of care that a prudent person would adopt in similar circumstances. In the present case, since the accused was driving on the correct side of the road, it could not be reasonably anticipated that the deceased would suddenly appear before the vehicle.The Court also examined the spot sketch placed on record, which indicated that the accident had occurred on the left side of the road and the car was found positioned in the correct direction of travel. This circumstance further weakened the prosecution’s claim that the accused was driving rashly or negligently.Applying these principles, the Court held that the prosecution had failed to produce cogent evidence showing rash or negligent driving by the accused.Court’s DecisionThe High Court concluded that both the trial court and the appellate court had erred in convicting the accused without sufficient evidence establishing rash and negligent driving.Accordingly, the Court allowed the criminal revision petition and set aside the judgments of the courts below.The Court ordered:“The judgment of conviction dated 29 July 2019 passed by the Chief Judicial Magistrate, Bengaluru Rural District, and the appellate judgment dated 30 January 2021 passed by the VI Additional Sessions Judge were set asideThe petitioner was acquitted of offences under Sections 279 and 304A IPC, and the fine amount, if already deposited, was directed to be refunded.CRIMINAL REVISION PETITION NO. 1004 OF 2021 – Harish vs State of Karnataka (Vatsal Chandra is a Delhi-based Advocate practicing before the courts of Delhi NCR.)



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Major reshuffle in Bengal: EC removes DGP, Kolkata CP and other top bureaucrats a day after poll schedule announcement | India News


TMC Stages Walkout Over Election Commission’s Move To Replace West Bengal Bureaucrats

Election Commission

NEW DELHI: After the Election Commission (EC) ordered major transfers of top bureaucrats in West Bengal, the ruling Trinamool Congress protested by walking out of the Rajya Sabha on Monday. This happened while voting was under way for 37 Rajya Sabha seats across 10 states.The EC, in a letter dated March 15, announced the transfer of West Bengal’s chief secretary and principal secretary of home and hill Affairs. The poll panel said the changes were made after reviewing the state’s preparedness for the upcoming assembly elections.

TMC Stages Walkout Over Election Commission’s Move To Replace West Bengal Bureaucrats

TMC MPs, including Sagarika Ghose, slammed the EC, saying, “The manner in which the Election Commission transferred the Bengal Home Secretary and Chief Secretary at 4 am in the dead of night is unacceptable. The Election Commission has these powers, but it is misusing them to damage the elected government in Bengal. That’s why our party walked out of Parliament for the entire day.”Parliamentary affairs minister Kiren Rijiju defended the EC, saying it has the “constitutional authority” to make such transfers and criticized TMC for raising the issue in Parliament.

Who was transferred

The EC removed two top officials from Mamata Banerjee’s administration:

  • Chief secretary: Nandini Chakravorty was removed and replaced by Dushyant Nariala (IAS-1993 batch)
  • Principal Secretary, Home and Hill Affairs: Jagdish Prasad Meena was replaced by Sanghamitra Ghosh (IAS-1997 batch)

Other key postings include:

  • DG and IGP, West Bengal: Siddh Nath Gupta (IPS-1992)
  • DG, Correctional Services: Nataraj Ramesh Babu (IPS-1991)
  • ADG and IGP, Law and Order: Ajay Mukand Ranade (IPS-1995)
  • Kolkata Police Commissioner: Ajay Kumar Nand (IPS-1996)

The EC’s letter, signed by secretary Sujeet Kumar Mishra, said these directions are effective immediately. The transferred officers will not be posted in any election-related work until the elections are over. Compliance reports are expected by 3 pm on March 16.The reshuffle comes after the EC announced the election schedule for four states—West Bengal, Kerala, Tamil Nadu, Assam—and one Union Territory, Puducherry. The West Bengal assembly polls will be held in two phases on April 23 and April 29, with counting on May 4.The move is seen as an attempt to ensure administrative neutrality during the elections, especially after TMC’s repeated criticism of the EC over the ongoing Special Summary Revision exercise in the state.



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Gold price today (March 16, 2026): How much 18K, 22K and 24K gold cost in your city; check rates for Delhi, Mumbai & more


Gold price today (March 16, 2026): How much 18K, 22K and 24K gold cost in your city; check rates for Delhi, Mumbai & more

Gold started the week on a shaky note, slipping Rs 2,225 to hit Rs 1.56 lakh per 10 grams in Monday’s futures trade, dragged down by a firm US dollar and weak overseas markets. On the Multi Commodity Exchange, April gold contracts fell 1.4% to Rs 1,56,241 on a turnover of 7,881 lots. “Rising energy prices have strengthened the US dollar and raised doubts that the Federal Reserve will cut interest rates,” said Manav Modi, analyst at Motilal Oswal Financial Services Ltd. Earlier hopes of a March rate cut have mostly faded, with the chances of reductions later this year now at 80%.Internationally, April gold on Comex dropped $54.31, or 1.07%, to $5,007.39 per ounce. “Gold stayed close to $5,000 after two weeks of losses, as oil volatility surged following the US strike on Iran’s Kharg Island, raising supply concerns,” said Jigar Trivedi, Senior Research Analyst, IndusInd Securities.The ongoing US-Israeli conflict with Iran, now entering its third week, continues to rattle markets. Trivedi noted that higher energy costs and inflation worries have dampened expectations for interest rate cuts, creating a headwind for non-yielding assets like gold.Here’s how much gold costs in your city today:

Gold price in Ahmedabad today

Gold in Ahmedabad is trading at Rs 15,920 per gram for 24K, Rs 14,595 for 22K, and Rs 11,943 for 18K.

Gold price in Bangalore today

In Bangalore, 24K gold is available at Rs 15,917 per gram. The 22K variety costs Rs 14,590, while 18K gold is priced at Rs 11,938 per gram.

Gold price in Bhubaneswar today

Bhubaneswar sees 24K gold at Rs 15,917 per gram. Prices for 22K and 18K gold stand at Rs 14,590 and Rs 11,938 per gram, respectively.

Gold price in Chennai today

In Chennai, 24K gold is quoted at Rs 16,101 per gram. 22K gold comes in at Rs 14,759, and 18K gold is Rs 12,399 per gram.

Gold price in Delhi today

Gold prices in Delhi are Rs 15,930 per gram for 24K, Rs 14,605 for 22K, and Rs 11,953 for 18K.

Gold price in Hyderabad today

Hyderabad’s 24K gold is trading at Rs 15,917 per gram. 22K and 18K gold are priced at Rs 14,590 and Rs 11,938, respectively.

Gold price in Jaipur today

In Jaipur, 24K gold costs Rs 15,930 per gram. The 22K variant is Rs 14,605, while 18K gold is available at Rs 11,953 per gram.

Gold price in Kanpur today

Kanpur reports 24K gold at Rs 15,930 per gram. 22K and 18K varieties are priced at Rs 14,605 and Rs 11,953 per gram, respectively.

Gold price in Mumbai today

In Mumbai, 24K gold is Rs 15,917 per gram, 22K is Rs 14,590, and 18K is Rs 11,938 per gram.

Gold price in Kolkata today

Kolkata has 24K gold at Rs 15,917 per gram. The 22K and 18K gold rates are Rs 14,590 and Rs 11,938 per gram, respectively.



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Hardik Pandya drives Ferrari 12Cilindri In Mumbai: Why’s this car special


Hardik Pandya drives Ferrari 12Cilindri In Mumbai: Why's this car special
Image Credit: X/embedded post.

Indian cricketer Hardik Pandya has been known for his good taste in cars. After having won the T20 world cup recently, the star all-rounder was recently spotted driving the stunning Ferrari 12Cilindri, Ferrari’s newest front-engined V12 grand tourer in Mumbai. A video of the cricketer behind the wheel surfaced on social media and quickly went viral. Here’a a quick look at what’s special about this car.

Ferrari 12Cilindri

Hardik Pandya’s Ferrari 12Cilindri: Key details

The 12Cilindri is a special car because it continues Ferrari’s long tradition of front-engine V12 grand tourers. Its design takes inspiration from the Ferrari 365 GTB/4 Daytona, a legendary model from the brand’s past. The new car features a long sculpted bonnet, sleek LED headlamps and a very clean, minimalist front design.

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Do you think Hardik Pandya's celebrity status adds to the allure of the Ferrari 12Cilindri?

Ferrari has also focused heavily on aerodynamics while designing the 12Cilindri. The body includes active aerodynamic elements that help improve stability at higher speeds.

Ferrari 12Cilindri: Engine specs

Powering the Ferrari 12Cilindri is a massive 6.5-litre NA V12 engine. The motor produces around 830 hp and 678 Nm of torque. The engine is paired with an 8-speed dual-clutch automatic transmission that sends power to the rear wheels. Performance figures are equally impressive, with the supercar capable of accelerating from 0 to 100 kmph in about 2.9 seconds and reaching a top speed of over 340 kmph. This makes it one of the fastest front-engined grand tourers Ferrari has ever built.

Mercedes-Benz CLA Electric Drive Review: Smartest Merc Ever? | TOI Auto

Inside, the Ferrari 12Cilindri follows the brand’s modern dual-cockpit layout. The cabin features a 15.6-inch digital instrument cluster for the driver, a 10.25-inch central touchscreen for infotainment and climate controls, and an 8.8-inch display for the passenger. In India, the Ferrari 12Cilindri is priced from around Rs 8.50 crore, ex-showroom. However, reports suggest that the example driven by Hardik Pandya could cost close to Rs 12 crore depending on customisation and import duties.



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US-Iran war hits stock market: Citi, Nomura cut Nifty50 target prices; here’s the outlook


US-Iran war hits stock market: Citi, Nomura cut Nifty50 target prices; here’s the outlook
Nomura has also trimmed its year end forecast for the Nifty 50, lowering the target to 24,900 from 29,300. (AI image)

US-Iran war shock for stock markets: Brokerages Citi Research and Nomura have lowered their year end forecasts for the key benchmark index Nifty50, pointing to growing risks to economic growth and corporate earnings as rising oil prices and supply disruptions linked to the intensifying Middle East conflict cloud the outlook for Asia’s third largest economy.

Poll

How likely do you think there will be a further correction in the stock market?

Citi has revised its Nifty target to 27,000 from the earlier estimate of 28,500. The new projection suggests a potential upside of about 17 percent from the index’s last closing level. The brokerage also reduced the target valuation multiple for the index to 19 times one year forward earnings, compared with its earlier assumption of 20 times.Nomura has also trimmed its year end forecast for the Nifty 50, lowering the target to 24,900 from 29,300. The revised estimate implies a possible upside of around 7.5 percent.Also Read | Crude shock for stock markets! Investors lose Rs 34 lakh crore since start of US-Iran war; where should they put money now?“The current geopolitical escalation is ⁠more concerning than the Russia-Ukraine conflict as the Strait of Hormuz accounts for 20%-25% of global trade in oil and LNG vs Russian supplies of 8%-10%,” said Saion Mukherjee, analyst at Nomura according to a Reuters report. Nomura added that a further correction of about 5 percent in the near term remains a distinct possibility. It warned that small and mid cap stocks could face greater downside risk as there are no clear signs that the disruptions will end anytime soon.Citi estimates that if supply disruptions continue for three months, India’s economic growth in fiscal year 2027 could decline by 20 to 30 basis points. According to the Reuters report, the brokerage also expects inflation to rise by 50 to 75 basis points, the fiscal deficit to widen by around 10 basis points and the current account deficit to increase by about $25 billion.Citi added that the Reserve Bank of India is likely to keep interest rates unchanged in April. However, the central bank’s policy stance could lean more toward supporting growth if fiscal measures are able to absorb much of the inflationary pressure.The US-Israeli conflict with Iran, now in its third week, has continued to unsettle global commodity, currency and equity markets.Benchmark indices, Nifty50 and BSE Sensex, confirmed a technical correction last week after falling 10 percent from their record highs. Since the conflict began, both indices have dropped about 8 percent as of last Friday’s close, while the Indian rupee has weakened to record low levels.Citi said the conflict is no longer just an energy price shock but is gradually turning into a wider supply disruption. According to the brokerage, the impact is extending beyond crude oil to products such as LPG, LNG, fertilisers, petrochemicals and aluminium, increasing input costs and tightening supply across industries.Citi said fertilisers and petrochemicals are among the sectors most vulnerable to the crisis due to India’s reliance on imports from the Middle East.The brokerage also lowered its rating on the automobile sector to “neutral” from “overweight”, citing risks from higher crude and gas prices as well as the possibility of semiconductor supply disruptions. It removed automaker Mahindra & Mahindra from its list of top picks and dropped Mahanagar Gas from its preferred mid-cap selections.



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