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OECD pegs India GDP growth at 7.6% in FY26, sees moderation next fiscal


OECD pegs India GDP growth at 7.6% in FY26, sees moderation next fiscal

India’s economy is projected to expand by 7.6% in the current fiscal before moderating to 6.1% in 2026-27, the Organisation for Economic Cooperation and Development (OECD) said in its interim Economic Outlook report, PTI reported.The multilateral body said the evolving conflict in the Middle East has “human and economic costs” for countries directly involved and could test the resilience of the global economy by disrupting energy supplies and raising commodity prices.“The decline in (US) tariffs should support growth in India, though gas rationing will disrupt some production activities and fiscal support is expected to fade, with growth easing from 7.6 per cent in fiscal year (FY) 2025-26 to 6.1 per cent in FY 2026-27 and 6.4 per cent in FY 2027-28,” the OECD said.According to the report, disruption of shipments through the Strait of Hormuz and damage to energy infrastructure have triggered a surge in energy prices and affected the global supply of commodities, including fertilisers.The OECD also warned that inflationary pressures could rise as the deflationary effects of earlier food and energy price shocks recede. It projected inflation to increase from 2% in FY 2025-26 to 5.1% in FY 2026-27 before easing to 4.1% in FY 2027-28.Among emerging-market economies, India may need to raise policy rates temporarily in the second quarter of 2026 to counter stronger inflationary pressures, the report said.The OECD noted that US bilateral tariff rates have declined following a US Supreme Court ruling against levies imposed under the International Emergency Economic Powers Act. While this has resulted in significant tariff reductions for several emerging-market economies, including India, the overall US effective tariff rate remains higher than levels seen before 2025.Globally, growth is expected to soften to 2.9% in 2026 before improving slightly to 3% in 2027.“The energy price surge and the unpredictable nature of the evolving conflict in the Middle East will raise costs and lower demand, offsetting the tailwinds from strong technology-related investment and production, lower effective tariff rates and the momentum carried over from 2025,” the OECD said.



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‘Crushing show of force’: US plans ‘final blow’ against Iran amid Trump’s ‘get serious’ ultimatum


'Crushing show of force': US plans 'final blow' against Iran amid Trump's 'get serious' ultimatum

The United States is weighing what officials describe as a potential “final blow” against Iran, with plans under discussion ranging from a sweeping bombing campaign to risky ground operations deep inside the country, according to an Axios report citing multiple sources familiar.The proposals come as President Donald Trump ramps up pressure on Tehran amid a widening Middle East war and stalled diplomatic efforts. The Pentagon’s planning reflects growing frustration in Washington, where officials believe a decisive show of force could either compel Iran to negotiate or “simply give Trump something to point to and declare victory”, the report said.Iran claims strike on Israel’s nuclear infra — Follow live updatesAt the centre of the strategy are several high-impact targets tied to Iran’s control over the Strait of Hormuz, a critical artery for global oil shipments that Tehran has effectively choked in recent weeks. Among the options being considered are seizing or blockading Kharg Island, Iran’s primary oil export hub, and capturing key islands such as Larak and Abu Musa, which are vital to Iran’s military grip over the strait. Another scenario involves intercepting or halting Iranian oil shipments altogether on the eastern side of the waterway.US military planners have reportedly drawn up options for ground incursions aimed at securing highly enriched uranium stored in fortified nuclear facilities. Such operations would be complex and dangerous, raising the risk of a prolonged conflict. As an alternative, officials are also considering large-scale air strikes designed to destroy those facilities outright and deny Iran access to nuclear material.Despite the detailed planning, no final decision has been taken. White House officials have described ground operations as hypothetical, though sources say Trump is prepared to escalate quickly if ongoing backchannel efforts fail to produce results. Press secretary Karoline Leavitt warned that the president is ready to strike “harder than ever before”, adding that “any violence beyond this point will be because the Iranian regime… refuses to come to a deal”.The military build-up is already underway. Additional fighter jet squadrons, Marine expeditionary units and thousands of troops — including elements of the 82nd Airborne Division are being deployed to the region, signalling that Washington is positioning itself for rapid escalation.Iran, however, has dismissed US overtures, with officials insisting they do not trust Washington’s negotiating push. Parliamentary speaker Mohammad Bagher Ghalibaf warned that any attempt to seize Iranian territory would trigger sweeping retaliation against regional infrastructure.The standoff leaves both sides entrenched. While the US seeks a decisive end to hostilities and the reopening of the Hormuz shipping lane, Iran appears willing to endure sustained pressure, calculating that its ability to disrupt global energy flows remains a powerful lever. With mediation efforts by countries including Pakistan, Turkey and Egypt still struggling to bring both sides to the table, the prospect of a dramatic military escalation is becoming increasingly real.



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Evening news wrap: Trump says Iranian negotiators ‘begging’ for deal, SC raises concerns on AI ‘menace’ & more | India News


Evening news wrap: Trump says Iranian negotiators ‘begging’ for deal, SC raises concerns on AI 'menace' & more
  • The government moved to reassure citizens that the country’s fuel supply situation remains fully stable.
  • Trump slammed Iran while warning that they “need to get serious” for negotiations.
  • SC expressed concern over the growing use of AI by litigants and lawyers.
  • BCCI announced the complete schedule for Team India’s international home season for 2026-27.
  • For the second time in 10 days, an Air India flight could not complete its long haul journey short due to turbulence, excessive vibration and noise.

Here are the top 5 news of the day:

Government offers assurances on strong fuel security, says they have 60 days of oil reserves

The government assured that India’s petroleum and LPG systems are secure and under firm control, with no shortage of petrol, diesel or LPG anywhere in the country. The ministry further stated that crude oil requirements for the next 60 days have already been secured, and there is no supply gap in the system. Read full story

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‘India Is An Oasis Of Energy Security’: Govt Says No Fuel Shortage, Warns Against Misinformation

Trump says Iranian negotiators are ‘begging’ for deal

US President Donald Trump claimed Iranian negotiators are “begging” for a deal with Washington even as they publicly say they are only reviewing a US proposal. On Truth Social, he further added that Nato countries had done “absolutely nothing” to help in the conflict with Iran, which he described as a “lunatic nation” that is now “militarily decimated”. Trump said the United States “needs nothing from Nato”, but added that allies should “never forget” the current moment. Follow live updates

SC flags ‘menace’ of AI-generated judgments, cautions lawyers

The Supreme Court on Thursday expressed concern over the growing “menace” of lawyers and litigants citing non-existent judgments generated by artificial intelligence, warning that the practice is becoming increasingly common across courts.A bench of Justices Rajesh Bindal and Vijay Bishnoi said such instances were not limited to India but were being seen globally, and stressed the need for greater caution while relying on AI-assisted material. Read full story

BCCI unveils India’s 2026-27 home fixtures: 22 matches across 17 cities

The Board of Control for Cricket in India (BCCI) announced the complete schedule for Team India’s international home season for 2026-27, unveiling a packed calendar featuring 22 matches across 17 cities. The upcoming season promises a wide-ranging contest with four visiting teams — West Indies, Sri Lanka, Zimbabwe and Australia — across formats, giving fans a chance to witness top-tier international cricket across the country. Read full story

2nd time in 10 days: ‘Excessive noise’ forces Air India A350 to divert after flying for 7 hours

For the second time in exactly 10 days, a new Airbus A350 (VT-JRF) of Air India could not complete its long haul journey short due to turbulence, excessive vibration and noise in the belly hold section. The latest instance happened when it was operating as AI 111 from Delhi to London. This issue recurred when the aircraft was in Oman airspace. The airline then decided to call it back to Delhi, where it returned after flying for over seven hours. Read full story



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Who is Harshil Kalia? Actress who died in a tragic car crash |


Harshil Kalia, 30, Rajasthan actress-model, died in Jaipur crash on March 23. Car flipped on Shipra Path after losing control near 11:30 PM; locals rushed her to hospital, but head injuries fatal. Police probe speeding or overtake. CCTV out; body post family. Starred in Crime Next Door, music videos.

Rajasthan-based actress-model Harshil Kalia tragically lost her life in a recent road accident. The 30-year-old passed away in a late-night crash in Jaipur on Monday (March 23), leaving everyone heartbroken and shaken.

Harshil Kalia in regional entertainment

Harshil had carved a niche in regional entertainment. She starred in the web series Crime Next Door and several hit Rajasthani music videos. Her on-screen charm built a loyal fanbase, particularly among youth.

Harshil Kalia’s modeling to acting

Starting as a model, she grew her social media presence before stepping into acting. With a swelling Instagram following, she emerged as a promising talent in the regional scene.

Harshil Kalia crash details

According to an NDTV report, Harshil was driving home from work around 11:30 PM on Monday night when her car lost control, crashed into a divider, and flipped onto its left side. It was a terrible accident on Jaipur’s Shipra Path Road. Reports say locals got Harshil out and rushed her to a nearby hospital. The actress-model had serious head injuries; and doctors called her dead on arrival. Police are still investigating the real cause. They’re asking if her car sped too much or if another driver tried to overtake and caused the spin.

Harshil Kalia aftermath footage

The report adds that her body was released to her family following a post-mortem. CCTV footage of the shocking crash, showing the tragic moment, has now surfaced online.Trigger warning: This article mentions death and sensitive details that can be triggering. Reader discretion is advised.



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WATCH: David Warner pulls up Shaheen Afridi and Mohammad Rizwan over inattentive behaviour at PSL 2026 conference



The Pakistan Super League (PSL) 2026 has officially kicked off, but the fireworks began well before the first ball was bowled. This 11th edition of the league, known as HBL PSL 11, has expanded to an eight-team format, introducing new franchises like the Hyderabad Kingsmen and Rawalpindiz. While the tournament is being held under tight regulations across two primary hubs in Lahore and Karachi, the pre-season energy reached a boiling point during the traditional captains’ press conference. What was meant to be a standard media interaction quickly turned into a viral sensation, thanks to a sharp and witty intervention by Karachi Kings’ skipper, David Warner.

David Warner slams distracted Shaheen Afridi, Mohammad Rizwan in PSL 2026 press conference

During the high-profile media event, the stage was set with the captains of all eight franchises. However, as the veteran Australian opener was fielding questions regarding his team’s strategy and new signings, a segment of the panel seemed to lose focus. Specifically, Pakistan stars Shaheen Shah Afridi and Mohammad Rizwan, along with Marnus Labuschagne, were caught in a private conversation, sharing whispers and laughs while Warner was mid-sentence.

In a moment that has since taken social media by storm, Warner didn’t just ignore the chatter—he addressed it with his signature Bull grit. Pausing his response to a reporter, Warner turned to his fellow captains and quipped:

What’s wrong, gentlemen? Oh, sorry, we got some school kids here.”

The room erupted in laughter, effectively schooling the distracted players and shifting the spotlight back to the official proceedings. While some online rumours jokingly suggested the distraction was caused by a stray sound from Rizwan, the viral footage confirms it was the light-hearted murmuring that drew Warner’s ire. The Aussie veteran, who led Karachi Kings to a strong third-place finish last season with 368 runs, clearly isn’t in Pakistan just for the vibes, he’s there for the business of cricket.

Here’s the video:

Also READ: From Carlos Brathwaite to Wasim Akram: Star-studded commentary panel announced for PSL 2026

Warner’s PSL preparations and warning to other competitors

Once the school kids were settled, Warner pivoted back to the serious nature of Karachi Kings’ campaign. He expressed immense confidence in the squad’s evolution, particularly praising the strategic moves made during the first-ever PSL auction. The addition of world-class leg-spinner Adam Zampa and the stability of Pakistan’s T20I captain Salman Ali Agha have transformed the Kings into a balanced powerhouse.

Warner highlighted that with the tournament restricted to fewer venues this year, there is no excuse for teams not to adapt quickly. He noted that the squad’s familiarity with the conditions in Karachi and Lahore would be a massive advantage.

We’ve got a good group of players, and I think we did well at the auction as well,” Warner stated firmly.

His closing remark served as a chilling warning to the other seven franchises: the Kings are not just looking to emulate last year’s performance, but to “compete against these guys and smash them all.” With a fortified middle order featuring Azam Khan and the experience of Moeen Ali, Warner’s Karachi Kings are signalling that they are the team to beat in 2026.

Also READ: PSL 2026 to be held behind closed doors amid Pakistan’s oil crisis





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Donations to national parties surged 161% in FY25, BJP accounted for over 91% share: ADR | India News


Donations to national parties surged 161% in FY25, BJP accounted for over 91% share: ADR

NEW DELHI: The Bharatiya Janata Party (BJP) accounted for more than 91 per cent of all donations declared by national parties in 2024-25, as overall political funding above Rs 20,000 shot up 161 per cent from the previous fiscal, according to a report by the Association for Democratic Reforms (ADR).The report, released on Thursday, said total donations above Rs 20,000 declared by the national parties stood at Rs 6,648.563 crore from 11,343 contributions in FY25.Of this, the BJP alone received Rs 6,074.015 crore from 5,522 donations, followed by the Congress with Rs 517.394 crore from 2,501 donations.The BJP’s declared donations exceeded the combined total of the Congress, the Aam Aadmi Party (AAP), the Communist Party of India-Marxist (CPI-M) and the National People’s Party (NPEP) for the same period by more than tenfold, the report pointed out, as cited by PTI.Overall donations to national parties rose by Rs 4,104.285 crore in 2024-25 as compared to 2023-24. The BJP’s collections alone jumped 171 per cent from Rs 2,243.947 crore in the previous fiscal. Donations to the Congress increased by 84 per cent, from Rs 281.48 crore in 2023-24 to Rs 517.394 crore in 2024-25.Among other parties, the AAP received Rs 27.044 crore — a 244 per cent increase — while the NPEP got Rs 1.943 crore, an increase of 1,313 per cent, the report said.The Bahujan Samaj Party (BSP), meanwhile, declared that it did not receive any donations above Rs 20,000, as it has been doing so for the last 19 years.Corporate donations dominated political funding, accounting for Rs 6128.787 crore, or 92.18 per cent of the total contributions, across 3,244 donations. Individual donors contributed Rs 505.66 crore through 7,900 donations, making up 7.61 per cent of the total.The BJP received Rs 5,717.167 crore from 2,794 corporate donations, more than 13 times the combined contributions received by all other national parties, which stood at Rs 411.62 crore. It also received Rs 345.94 crore from 2,627 individual donors.The Congress received Rs 383.86 crore through 112 corporate donations and Rs 132.39 crore from 2,357 individual contributors during the fiscal year.Among the top donors, Prudent Electoral Trust donated a total of Rs 2413.465 crore to the BJP, the Congress and the AAP combined. Of this, Rs 2180.7119 crore went to the BJP (35.90 per cent of total funds received by party), Rs 216.335 crore to the Congress (41.81 per cent of total funds received by party) and Rs 16.4178 crore to the AAP (43.08 per cent of total funds received by party).Progressive Electoral Trust donated Rs 834.97 crore through two donations, AB General Electoral Trust donated Rs 621 crore through 16 donations, and New Democratic Electoral Trust donated Rs 155 crore through seven donations to the BJP and the Congress.Serum Institute of India Pvt Ltd donated Rs 100 crore through three donations, and Rungta Sons Private Limited donated Rs 95 crore through four donations to the BJP in 2024-25.



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Nayara Energy hikes petrol prices by Rs 5, diesel by Rs 3 amid Middle East crisis


Nayara Energy hikes petrol prices by Rs 5, diesel by Rs 3 amid Middle East crisis

NEW DELHI: India’s largest private fuel retailer Nayara Energy on Thursday raised its prices by Rs 5 per litre and diesel by Rs 3 a litre amid the ongoing Middle East crisis. Nayara Energy, which operates 6,967 of India’s 102,075 petrol pumps, has decided to pass on part of the increase in input costs to consumers, said PTI sources.The majority-owned by Russia’s Rosneft, has raised the prices but the actual increase varies across states due to differences in local levies such as VAT, with petrol prices in certain regions rising by as much as Rs 5.30 per litre.Fuel marketing companies in India are under increasing financial pressure, as retail petrol and diesel prices have been kept unchanged even though global oil prices have climbed nearly 50 per cent since February 28, when US–Israel strikes on Iran sparked a wider conflict and retaliation from Tehran.Private and state-run fuel retailers in India are taking divergent approaches as pressure mounts from elevated global crude prices and a prolonged freeze in retail rates.Jio-bp, the fuel retail joint venture between Reliance Industries and BP Plc, which operates over 2,100 outlets nationwide, has so far held petrol and diesel prices steady despite absorbing significant losses. In contrast, state-owned oil marketing companies—dominating roughly 90 per cent of the market—have also maintained a price freeze on standard fuels, continuing a strategy in place since April 2022.State-run companies—Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL)—have been absorbing losses during periods of high crude prices and recovering margins when prices soften. While retail prices for regular petrol and diesel remain unchanged, these companies recently increased the price of premium-grade petrol by Rs 2 per litre and sharply raised bulk diesel rates sold to industrial consumers by about Rs 22 per litre.In Delhi, the price of premium 95-octane petrol now stands at Rs 101.89 per litre, up from Rs 99.89, while bulk diesel rates have jumped to Rs 109.59 per litre from Rs 87.67. Meanwhile, standard petrol and diesel prices remain frozen at Rs 94.77 and Rs 87.67 per litre, respectively.The divergence reflects differences in fuel grades: regular petrol, typically rated at 91–92 octane, caters to standard engines, whereas premium petrol with higher octane levels (95–98) is designed for high-performance vehicles.Globally, crude oil prices surged to as high as $119 per barrel earlier this month amid escalating tensions involving Iran, before easing to around $100 per barrel. India, which imports nearly 88 per cent of its crude oil and about half of its natural gas requirements, remains highly exposed to such volatility—particularly as a significant portion of supplies passes through the strategically sensitive Strait of Hormuz. Recent threats from Iran following US and Israeli strikes, coupled with insurance withdrawals, have disrupted tanker movements through the route.The government has reiterated that petrol and diesel pricing is deregulated and determined by oil marketing companies.Historically, oil firms have navigated sharp price cycles. Crude had previously touched $119 per barrel in June 2022 after Russia’s invasion of Ukraine. While that year saw limited profitability, state-run companies posted record profits of Rs 81,000 crore in FY24, offsetting earlier margin pressures. In the current financial year, the three firms together reported profits of Rs 23,743 crore in the December quarter alone.



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IPL 2026: LSG owner Sanjiv Goenka breaks silence on Pant captaincy ‘speculations’ | Cricket News


IPL 2026: LSG owner Sanjiv Goenka breaks silence on Pant captaincy ‘speculations’
Lucknow Super Giants (LSG) owner Sanjiv Goenka with Rishabh Pant (PTI Photo)

Sanjiv Goenka, owner of Lucknow Super Giants, has firmly shut down speculation surrounding Rishabh Pant’s captaincy ahead of IPL 2026, calling out what he implied were baseless reports doing the rounds. Pant had come under heavy criticism after a disappointing IPL 2025 campaign. Bought for a massive Rs. 27 crore at the mega auction, expectations were sky-high, but the left-hander struggled to deliver, scoring just 269 runs in 13 matches at an average of 24.45. As a result, rumours began circulating that LSG were considering a leadership change before the new season. Goenka, however, made his stance clear with a public message backing Pant’s leadership and character.

Sanjiv Goenka post

Sanjiv Goenka post

“Heading into the season, I had read the speculations around @RishabhPant17’s captaincy and smiled. We’ve spent enough time together to know his character and commitment. Have a great season, Cap!” Goenka wrote on X. This is not the first time such rumours have surfaced. During IPL 2025, similar claims gained traction on social media, suggesting Pant could even be dropped due to concerns over his hefty price tag. The wicketkeeper-batter responded strongly at the time, calling out the spread of misinformation. “I understand fake News gives more traction to content, but let’s not build everything around it . Little sense and credible news will help more rather making fake news with agenda. Thanks, have a good day . Let’s be responsible and sensible what we put out on social media,” Pant had posted. With the noise around his role addressed, focus now shifts back to cricket. Pant’s form will be under close watch when LSG begin their IPL 2026 campaign against Delhi Capitals at the Ekana Stadium in Lucknow on April 1.



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SC flags ‘menace’ of AI-generated fake judgments, cautions lawyers | India News


SC flags 'menace' of AI-generated fake judgments, cautions lawyers

NEW DELHI: The Supreme Court on Thursday expressed concern over the growing “menace” of lawyers and litigants citing non-existent judgments generated by artificial intelligence, warning that the practice is becoming increasingly common across courts.A bench of Justices Rajesh Bindal and Vijay Bishnoi said such instances were not limited to India but were being seen globally, and stressed the need for greater caution while relying on AI-assisted material, news agency PTI reported.The observations came while the apex court expunged certain remarks made by the Bombay HC in a case involving a company director.“As a matter of indulgence, we expunge the remarks … However, the fact remains that this menace is rampant in all courts now, not only in India but throughout the world. Everyone needs to be careful about this,” the bench said, adding that the issue is already under consideration on the judicial side.The high court, in its order, had flagged that written submissions appeared to have been generated using AI tools such as ChatGPT, citing tell-tale formatting markers and repetitive phrasing. It also pointed to a referenced case that could not be traced in legal records.Despite efforts by the court and its law clerks, the cited judgment could not be located, leading to what it termed a waste of “precious judicial time”.The high court had underlined that while AI tools can assist legal research, parties bear the responsibility of verifying the accuracy and authenticity of any material produced using such technologies.



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