Savings Effect

After years of preparation, billions of dollars in investment and months of anticipation, the 2026 Fifa World Cup will kick off on Thursday night with an extravagant opening ceremony in Mexico before the hosts take on South Africa in the tournament opener. Conversations around the World Cup are not limited to tactics, title contenders or star players. Instead, immigration disputes, soaring ticket prices, political tensions and fan protests have emerged as dominant themes in the build-up to the tournament.

Investigators will miss Friday's one-year deadline to explain why an Air India jet crashed because an examination of the Boeing 787 plane's engines in the US still needs to be completed. India's Aircraft Accident Investigation Bureau (AAIB) will likely issue a status report ​this week focused on the reasons behind the delay, the report added, citing people familiar with the matter.

Kuwait has closed its airspace and began diverting flights after its military engaged air defences in response to ongoing Iranian attacks. "This measure comes in light of the state of Kuwait being subjected to sinful Iranian aggressions and the potential risks that may result from this on civil aviation traffic in the region," Kuwait said.

The latest escalation between the US and Iran has brought the April ceasefire to its most difficult moment so far, with crude prices rising and financial markets, including US equities, falling, according to Rystad Energy. The Oslo-headquartered energy research and intelligence firm estimates that if hostilities were to resume in earnest, oil prices could move towards $150 per barrel. With 11.8 million barrels per day (bpd) shut in across six Gulf producers, the conflict has become the most severe supply disruption in the modern oil era.

Iran's IRGC said the Strait of Hormuz has been "closed to all vessels" following new US strikes on Iran, warning that any ship attempting to transit the waterway could be targeted.

Citi cuts Nifty target to 26,000 FROM 27000 Earlier on geopolitical risks; sees 12 percent upside from current levels Citi has cut 12-month target on Nifty to 26,000 on geopolitical risks, implying a 12 percent upside from the current levels. The brokerage is overweight on financials, telecom, healthcare and defence.

GOVT EXPLORES MEASURES TO BETTER UTILISE DOMESTIC GOLD HOLDINGS AND REDUCE IMPORT DEPENDENCE (MUTHOOT FINANCE,MANAPPURAM FINANCE) - NDTV

THE PARLIAMENTARY STANDING COMMITTEE ON FINANCE WILL HOLD TWO KEY MEETINGS TODAY ON THE SECURITIES MARKET CODE, 2025. AT 11:00 AM, THE COMMITTEE WILL HEAR REPRESENTATIVES FROM THE MINISTRY OF LAW AND JUSTICE ON THE PROPOSED LEGISLATION. AT 2:00 PM, THE MINISTRY OF FINANCE’S DEPARTMENT OF ECONOMIC AFFAIRS WILL APPEAR FOR A CLAUSE-BY-CLAUSE REVIEW OF THE BILL.

HAL FILES CRIMINAL COMPLAINT OVER ALLEGED FORGED TEST REPORTS IN TEJAS MK1A PROGRAMME Hindustan Aeronautics Limited has reportedly filed a criminal complaint against Hyderabad-based supplier Tec Aero Devices over the alleged submission of forged test reports linked to the HAL Tejas Mk1A programme. The complaint, filed by HAL Deputy General Manager Ranu Gupta, led police to register a case against Tec Aero Devices CEO M. Sivarama Prasad on charges including cheating and forgery.

TATA CONSULTANCY SERVICES: CO. ANNOUNCES GLOBAL PREMIER PARTNERSHIP WITH ANTHROPIC