Foreign investors have turned cautious on Indian equities this month, pulling out Rs 88,180 crore so far as rising global tensions, a weakening rupee and high oil prices dent sentiment. The sharp outflow comes just weeks after a strong February, when foreign portfolio investors (FPIs) had pumped in Rs 22,615 crore, the highest in 17 months. With the latest selling, total FPI outflows for 2026 have now crossed Rs 1 lakh crore. So far in March (till March 20), FPIs have been net sellers on every trading day, steadily exiting the market. While the pace of selling is significant, it is still below the record outflow seen in October 2024. Market participants say a mix of global and domestic factors is behind the shift. Tensions in West Asia have pushed crude oil prices above $100 per barrel, raising concerns about inflation and growth, and prompting a more cautious, risk-off approach among investors. Vaqarjaved Khan, Senior Fundamental Analyst at Angel One, said fears of a prolonged conflict and possible disruption in the Strait of Hormuz have played a key role. He added that the pressure has been worsened by the rupee hovering near Rs 92 against the US dollar, rising US bond yields and profit booking after February’s rally. There are also concerns around corporate earnings, with expectations of margin pressure in several sectors adding to the unease. Himanshu Srivastava, Principal Manager Research at Morningstar Investment Research India, said higher US Treasury yields are making dollar assets more attractive, drawing funds away from emerging markets like India. This is also strengthening the dollar and tightening global liquidity, further affecting sentiment. V K Vijayakumar, Chief Investment Strategist at Geojit Investments, highlighted similar concerns, saying the ongoing conflict, weak global markets and a depreciating rupee have all contributed to the sustained selling. Financial stocks have been hit the hardest, with FPIs offloading shares worth Rs 31,831 crore in the fortnight ended March 15. Looking ahead, analysts expect markets to remain volatile in the near term. Continued tensions or high oil prices could keep investors cautious, while any easing of geopolitical risks, support from domestic investors or better-than-expected earnings may help stabilise flows. For now, a clear turnaround in foreign investor sentiment is likely only when global uncertainties begin to ease.
Vaibhav Sooryavanshi’s rise has already made him one of the most closely watched young names around IPL 2026. But at a recent Rajasthan Royals event, it was not just his promise with the bat that stood out. It was his ease under the spotlight.
Vaibhav Sooryavanshi for the Rajasthan Royals. (X images)
Asked about his goals for the season, the teenager first disarmed the room with a joke, then revealed something more telling about where his head is ahead of the tournament. Beneath the laughter was a clear message: he is not chasing a personal milestone so much as trying to fit into a process and contribute to a bigger team objective.
Vaibhav Sooryavanshi’s joke, then the message
There is a reason Sooryavanshi continues to attract attention wherever he goes. He is young enough for every public appearance to become a talking point, yet polished enough to understand how quickly those moments can define perception. At the Rajasthan Royals’ pre-season interaction, he handled that balance neatly.
When a reporter asked him about his plans for IPL 2026, including how many runs he wanted to score, Sooryavanshi responded with a line that instantly lifted the mood.
“Aisa question bologe to main do-teen hazaar runs bol doonga,” he said, joking that a question framed like that could only invite an exaggerated answer of “two to three thousand runs”.
It was a light moment, and Ravindra Jadeja, who was also in the event, enjoyed the youngster’s comments, but what followed mattered more. Once the laughter settled, Vaibhav Sooryavanshi moved away from the playful line and offered a far more grounded answer, one that reflected the kind of approach franchises like to hear from a young player entering a demanding season.
“Aisa kuch plan nehi kar sakta na ki mujhe itne run banana hae. Jo process hae wo follow kar rahe hae aur team ke liye trophy jeetna hae,” he said. In essence, Sooryavanshi made it clear that he is not entering IPL 2026 with a fixed run target in mind. His focus, instead, is on trusting the process and helping Rajasthan Royals push towards the title.
He reinforced that point in his next response as well. “Baaki personal goals pe aisa kuch focus nehi hae. Bas humlog apne process pe dhyan de rahe hain aur accha karke ko dekh rahe hae is season,” he said, underlining that personal milestones are not his priority and that the emphasis remains on preparation, execution and performing well across the season.
That is what made the exchange notable. The viral line was the easy takeaway, but the more significant part of the interaction was the mindset behind it. Sooryavanshi showed he can enjoy the moment without losing sight of the larger task.
For Rajasthan Royals, that may be the most encouraging sign of all. The talent has already drawn attention. Now the temperament is beginning to do the same.
Mumbai, Actor Tamannaah Bhatia turned heads at Lakme Fashion Week, where she brought her signature philosophy of “casual glamour” to the runway for designer Bhumika Sharma.
Tamannaah Bhatia brings ‘casual glamour’ to the ramp at LFW
The actor, known for straddling between South Indian and Hindi language films like “Baahubali”, “Lust Stories 2” and her special song appearances in “Stree 2” and “Jailer”, said that while she eagerly awaits new collections and fashion trends, personal comfort remains her top priority.
“I’m happy I walked for Bhumika. It’s different from the times I walked on the ramp, this was one of the easiest and most comfortable, yet dramatic, outfits. I often say that be it in terms of clothes and jewellery, I like casual glamour. Like, if I’ve to do this every day, I need to be comfortable,” Bhatia said post the show.
Sharma unveiled her latest collection, “Afterglow”, at Lakme Fashion Week in partnership with FDCI.
The showstopper look worn by Tamannaah features the brand’s signature Royal Bloom print, brought to life through a structured corset paired with a sequins shimmer skirt and an intricately embroidered dupatta.
The actor praised the outfit for breaking the “bridal” stereotype associated with red colour garments.
She described it as “easy, flirty, feminine and modern” and said its everything that one would want to wear when they feel festive.
“I love what she has made for me. I told her can you make this for me in another colour. It feels that I could wear this for festivity at my home or anywhere outside. I love how easy this fall into my personal aesthetic. I felt I’m in my own skin,” Tamannaah said.
The show was special for the actor as she debuted with her own jewellery line, marking her foray into the accessories space.
“This is is special as I got to wear my own jewellery. This is the first time I’m wearing of what I’ve made in Indian space,” she said.
With ‘Afterglow’, Sharma said the idea was to present a collection designed for women, who honour tradition while embracing individuality.
“‘Afterglow’ is a true labour of love for me, a beautiful montage of emotions brought together through craft, colour and form. It is a celebration of romance, craft and modern femininity, designed to feel both personal and timeless,” she said.
The outfits ranged from structured corsets to flowing drapes and lehengas in shades of soft whites and beiges, with pops of deep red and teal.
This article was generated from an automated news agency feed without modifications to text.
The Kolkata Knight Riders (KKR), three-time IPL champions, are gearing up for the 2026 season amid serious concerns in their pace bowling department. With Indian pacers Harshit Rana and Akash Deep ruled out due to injuries, and Sri Lankan speedster Matheesha Pathirana expected to miss the initial phase, the team management has been forced to rework their strategy significantly.KKR underwent a major rebuild at the IPL 2026 auction, entering with a massive purse of Rs 64.30 crore. The franchise made headlines by signing Australian all-rounder Cameron Green for a record Rs 25.20 crore, making him the most expensive player of the season. They also secured Matheesha Pathirana for Rs 18 crore to strengthen their pace attack. Despite the overhaul, KKR retained a strong core featuring: Rinku Singh, Sunil Narine, Varun Chakravarthy, Captain Ajinkya RahaneHere is the KKR’s strongest predicted playing XI for IPL 2026Finn Allen (WK): New Zealand’s explosive opener Finn Allen is expected to take charge at the top. He recently smashed one of the fastest centuries in the T20 World Cup 2026 semifinal against South Africa which helped New Zealand reach into the finals.Ajinkya Rahane (C): Captain Ajinkya Rahane is likely to partner Allen at the top. While his strike rate in T20s remains under scrutiny, the management continues to back his experience and leadership.Angkrish Raghuvanshi: In IPL 2025, Angkrish Raghuvanshi was a key middle-order batter for Kolkata Knight Riders (KKR), scoring 300 runs in 12 matches with a strike rate of 139.53. He is expected to anchor the No. 3 position.Cameron Green: Australian all-rounder Cameron Green was signed by Kolkata Knight Riders (KKR) for Rs 25.20 crore in the IPL 2026 auction, making him the most expensive player this season. Expected to be a crucial all-round replacement for Andre Russell.Rinku Singh: At No. 5 is the crowd favorite, Rinku Singh, who has been the backbone of KKR in the last few IPL seasons. With Andre Russell gone, Rinku is no longer just the “finisher” – he is the senior batter of the lower order.Ramandeep Singh: In early 2025 tournament appearances, he maintained a high strike rate, exemplified by an early-season performance of 22* runs from 9 balls against Mumbai Indians (MI). Ramandeep Singh offers balance as a reliable all-rounder, contributing in both departments.Sunil Narine: No. 7 come the Veteran Sunil Narine who has remained a match-winner for KKR for more than a decade, providing mystery spin in the middle overs and valuable depth with the bat.Varun Chakravarthy: Varun Chakravarthy forms a deadly spin duo with Narine. Although he had a mix 2026 T20 World Cup, finishing as a joint-highest wicket-taker with 14 scalps, but facing criticism for inconsistency. After a dominant start (9 wickets, 4 matches) in the group stages, he was expensive and less effective from the Super 8s onwards. He is expected bounce back in IPL for Kolkata.Vaibhav Arora: Vaibhav Arora steps into a bigger role following injuries to key pacers Harshit Rana and Akashdeep. He has the best IPL campaign 2025, claiming 17 wickets in 12 matches.Kartik Tyagi: Kartik Tyagi is the young gun pacer in the team and is likely to make debut for Kolkata will be assisting Vaibhav Arora in the team as an fast Indian pacer along side Blessing Muzarabani. Blessing Muzarabani: Zimbabwean speedster Blessing Muzarabani has joined KKR as a replacement for Mustafizur Rahman. Standing at 6’8”, he brings steep bounce and valuable T20 experience, he left PSL and joined IPL as replacement.Impact Sub (Umran Malik): Sri Lanka pacer Matheesha Pathirana was likely to be an Impact Player option for Kolkata Knight Riders (KKR) in the upcoming IPL 2026 season. However, his injury has created trouble for KKR ahead of the upcoming season. In absence of Pathirana, bringing in Umran Malik as an Impact Sub during the bowling innings is the most likely move for the side in the upcoming IPL 2026 season. Umran Malik finds himself in a critical “redemption” role for the KKR. After being signed for Rs 75 lakhs in the 2025 mega-auction but missing that season due to injury, KKR has shown faith by retaining him for this year’s campaign.KKR’s potential playing XI for IPL 2026: Finn Allen (WK), Ajinkya Rahane (C), Angkrish Raghuvanshi, Cameron Green, Rinku Singh, Ramandeep Singh, Sunil Narine, Varun Chakravarthy, Vaibhav Arora, Kartik Tyagi, Blessing Muzarabani, Umran Malik (Imp)
New Delhi, Actor Anupam Kher praised Aditya Dhar’s directorial “Dhurandhar: The Revenge” and said it wasn’t just an outstanding film but an experience and emotion.
Anupam Kher lauds Aditya Dhar’s ‘Dhurandhar: The Revenge’
Featuring Ranveer Singh in the lead role, the sequel to Dhar’s 2025 film released on Thursday and has already crossed the mark of ₹300 crore nett at the domestic box office.
Also starring R Madhavan, Arjun Rampal, Sanjay Dutt, Sara Arjun and Rakesh Bedi, the film released in Hindi, Telugu, Tamil, Kannada and Malayalam languages.
Kher shared a video on his Instagram handle on Saturday.
“‘DHURANDHAR’ IS OUTSTANDING! ADITYA DHAR IS A ROCKSTAR! Sometimes, words fall short. You walk out of a film… and there’s a silence within you that says everything, yet explains nothing. That’s what watching #Dhurandar felt like. It is not just a film. It is an experience. An emotion. A journey that quietly enters your heart and then refuses to leave. There are moments in ‘Dhurandhar’ that don’t just play on screen-they stay with you, long after the lights come on,” the actor wrote in his post.
“I have tried to capture what I felt in the video I am sharing along with this post… but honestly, I could have gone on and on. Because some stories are not meant to be described! They are meant to be felt. ‘Dhurandhar ‘is one such story. Congratulations to the entire team for creating something so powerful, so magical, so moving, and so deeply human. Watch it. Experience it. And then sit with it. And #SanjayDutt is brilliant! EVERY ‘INDIAN’ WILL BE PROUD OF THIS FILM. JAI Hind! #Indian #Proud,” he added.
Singh left a comment on the video, as he thanked the veteran actor. “Shabd toh Mere kam pad gaye yeh dekh kar, Sir. Aap ki kalakari se prerit ho kar bade hue hain, Sir. Aapka aise kehna mere liye bahut bahut badi baat hai. Aap ko koti koti pranaam, Sir,” he wrote.
Set in Lyari town of Karachi, an area known for its history of gang wars and violent turf battles, “Dhurandhar” revolved around covert intelligence operations against the backdrop of geopolitical and terror events like the Kandahar plane hijack, the 2001 Parliament Attack and the 26/11 Mumbai attacks.
The sequel charts the rise of Singh’s character Hamza Ali Mazari in the Karachi underworld while also delving into his origins as Jaskirat Singh Rangi, tracing the journey of the young man who eventually transforms into the covert operative.
The film is produced by Jyoti Deshpande and Lokesh Dhar.
This article was generated from an automated news agency feed without modifications to text.
Country music star Audrey McGraw recently expressed deep gratitude for her parents, Tim McGraw and Faith Hill, during a Las Vegas concert. She shared how her father often invited her to sing with him on stage and proudly announced his induction into the Country Music Hall of Fame.
Musician Audrey McGraw has always been vocal about being raised by her celebrity parents, Tim McGraw and Faith Hill. The star, while performing at one of her latest venues, opened up about what it was like to have them as her parents, and how grateful she is for everything that they have done for her over the past years.
Tim McGraw and Faith Hill’s daughter Audrey McGraw gets candid about how much she loves her parents
On Friday, McGraw got on stage at the Red Rock Casino in Las Vegas to perform some of her hit songs. However, during one of the segments of the show, the musician got emotional and opened up about the bond that she shares with her parents. Many videos from the event went viral, where the 24 year old can be seen talking about her parents.While talking about them, McGraw mentioned, “Speaking of my dad, he had me come out and sing this next one at a lot of his sets. I think some people are tired of it, but I’ll never get f–king tired of this song.” She was referring to the song ‘Baracuda.’ The star also congratulated her father on his latest achievement, only hours after it was announced that he has been inducted into the Country Music Hall of Fame for 2026. She stated, “I come from a Mississippi woman and a Louisiana man, who just got inducted into the Country Hall of Fame. I’m so, so proud of my dad. Both of my parents. I love them so much.”
Tim McGraw talks about his latest feat
During a talk with PEOPLE, Tim McGraw opened up about finding out that he was one of the 2026 inductees of the Country Music Hall of Fame. He revealed that he never thought that something like this could ever happen to someone like him, for which he is truly grateful. He added, “I wouldn’t be standing here today if it weren’t for great women in my life, from my grandmother to my mom, my sisters, my daughters, and most of all, to my wife. Thank you, baby. I would not be standing here today if it weren’t for you, nor would I want to be.”
Former Indian cricketer Laxman Sivaramakrishnan has clarified that neither the Board of Control for Cricket in India (BCCI) nor current International Cricket Council (ICC) chairman Jay Shah played any role in his decision to step away from commentary duties ahead of the IPL, stating that his concerns were limited to an issue with a specific individual within the system.
“Don’t bring the BCCI Administration into the picture. It’s a one-on-one with an employee of the BCCI. Jay Shah and Co have nothing to do with this issue. I am taking control of my life, and I think I am entitled to do it,” Sivaramakrishnan wrote in a post on X.
The former leg-spinner had recently announced his decision to quit his long-standing role as a commentator with the BCCI. In a series of posts on X, he alleged that he had faced discrimination and a lack of adequate opportunities.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Dubai Abu Dhabi news LIVE: Smoke rises in the Fujairah oil industry zone, amid the US-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 14, 2026.
Dubai Abu Dhabi news LIVE: The United Arab Emirates said its air defence systems responded to incoming missile and drone threats launched from Iran on Sunday. Meanwhile, a projectile sparked an explosion near a bulk carrier off the coast of the UAE, a British maritime monitor said. Authorities in the northern emirate of Ras Al Khaimah, which shares its name with the UAE’s sixth-largest city, said later on Saturday that the “sounds heard across parts of the city were the result of successful air defence interception operations”.
Iran has accused Gulf countries of allowing US forces to launch attacks from their territory, and has carried out missile and drone strikes on what it describes as American interests in those countries during the conflict.
Gulf nations have repeatedly rejected these claims, stating even before the conflict that they would not permit their land or airspace to be used for attacks on Iran.
Saudi Arabia, in a statement condemning the “repeated Iranian attacks”, said it “decided to declare persona non grata the military attache” of Iran along with three other embassy officials, giving them 24 hours to leave the country, the foreign ministry said.
UAE intercepts Iranian missiles, drones
The United Arab Emirates said its air defences responded to Iranian aerial attacks on Sunday.
“UAE air defences are currently responding to incoming missile and drone threats from Iran,” the defence ministry said in a statement, explaining “the sounds heard are the result of the Air Defence Systems intercepting missiles and drones”.
On Saturday, the UAE joined 21 other countries in agreeing to contribute to efforts to secure the Strait of Hormuz passageway in the Gulf.
Projectile hits vessel near UAE’s Sharjah: UK agency
A projectile caused an explosion near a bulk carrier off the coast of the United Arab Emirates, a British maritime monitor said on Sunday, noting there were no injuries reported.
The UK Maritime Trade Operations (UKMTO) said it received a report of an incident 15 nautical miles (28 kilometres) north of Sharjah that a “Bulk Carrier reported an explosion from an unknown projectile in close proximity to the vessel”.
“All crew are reported safe,” it added.
Dubai-Abu Dhabi-UAE flight status news
Air India and Air India Express will run 50 scheduled and non-scheduled flights to and from West Asia on March 22.
Both airlines will continue regular services to Jeddah and Muscat that day, including 20 flights between India and Jeddah. Air India will operate return flights from Delhi and Mumbai, while Air India Express will fly from Bengaluru and Mangalore, along with two services from Kozhikode. Air India Express will also operate 8 scheduled flights to and from Muscat, linking cities such as Delhi, Kochi, Mumbai, and Kannur.
In addition, the airlines will operate 30 non-scheduled flights to and from the United Arab Emirates and Saudi Arabia, depending on slot availability and operational conditions at departure airports. These flights will run with the required approvals from theIndian and local aviation authorities.
Patriot missile in Bahrain blast likely US-operated, says report
The Patriot air defence battery, operated by the United States, was likely behind the interceptor missile that hit Bahrain ten days into the war and injured dozens of civilians, Reuters reported.
Both Bahrain and the US have blamed Iran for the March 9 explosion. However, Bahrain on Saturday reportedly told Reuters that a Patriot missile was involved in the blast over the Mahazza neighbourhood on Sitra island.
…Read More
Iran has accused Gulf countries of allowing US forces to launch attacks from their territory, and has carried out missile and drone strikes on what it describes as American interests in those countries during the conflict.
Gulf nations have repeatedly rejected these claims, stating even before the conflict that they would not permit their land or airspace to be used for attacks on Iran.
Saudi Arabia, in a statement condemning the “repeated Iranian attacks”, said it “decided to declare persona non grata the military attache” of Iran along with three other embassy officials, giving them 24 hours to leave the country, the foreign ministry said.
UAE intercepts Iranian missiles, drones
The United Arab Emirates said its air defences responded to Iranian aerial attacks on Sunday.
“UAE air defences are currently responding to incoming missile and drone threats from Iran,” the defence ministry said in a statement, explaining “the sounds heard are the result of the Air Defence Systems intercepting missiles and drones”.
On Saturday, the UAE joined 21 other countries in agreeing to contribute to efforts to secure the Strait of Hormuz passageway in the Gulf.
Projectile hits vessel near UAE’s Sharjah: UK agency
A projectile caused an explosion near a bulk carrier off the coast of the United Arab Emirates, a British maritime monitor said on Sunday, noting there were no injuries reported.
The UK Maritime Trade Operations (UKMTO) said it received a report of an incident 15 nautical miles (28 kilometres) north of Sharjah that a “Bulk Carrier reported an explosion from an unknown projectile in close proximity to the vessel”.
“All crew are reported safe,” it added.
Dubai-Abu Dhabi-UAE flight status news
Air India and Air India Express will run 50 scheduled and non-scheduled flights to and from West Asia on March 22.
Both airlines will continue regular services to Jeddah and Muscat that day, including 20 flights between India and Jeddah. Air India will operate return flights from Delhi and Mumbai, while Air India Express will fly from Bengaluru and Mangalore, along with two services from Kozhikode. Air India Express will also operate 8 scheduled flights to and from Muscat, linking cities such as Delhi, Kochi, Mumbai, and Kannur.
In addition, the airlines will operate 30 non-scheduled flights to and from the United Arab Emirates and Saudi Arabia, depending on slot availability and operational conditions at departure airports. These flights will run with the required approvals from theIndian and local aviation authorities.
Patriot missile in Bahrain blast likely US-operated, says report
The Patriot air defence battery, operated by the United States, was likely behind the interceptor missile that hit Bahrain ten days into the war and injured dozens of civilians, Reuters reported.
Both Bahrain and the US have blamed Iran for the March 9 explosion. However, Bahrain on Saturday reportedly told Reuters that a Patriot missile was involved in the blast over the Mahazza neighbourhood on Sitra island.
Follow all the updates here:
Mar 22, 2026 1:03:16 PM IST
Dubai Abu Dhabi news LIVE: 1 killed in Israel in rocket fire from Lebanon
Dubai Abu Dhabi news LIVE: Israeli first responders said rocket fire from Lebanon killed one person on Sunday, close to Israel’s northern border, news agency AFP reported.
The ZAKA 360 emergency response unit said a person was pronounced dead after a strike on their vehicle “carried out by a rocket fired from Lebanon”.
Local firefighters said flames had engulfed two vehicles after a “direct hit”.
Mar 22, 2026 12:31:40 PM IST
Dubai Abu Dhabi news LIVE: Iran says Hormuz open to all but ‘enemy-linked’ ships
Dubai Abu Dhabi news LIVE: The Strait of Hormuz remains open to all shipping except vessels linked to “Iran’s enemies”, Iran’s representative to the U.N. maritime agency said on Sunday, after U.S. President Donald Trump threatened to target Iranian power plants if the waterway was not “fully open” within 48 hours.
Ali Mousavi said Tehran was ready to cooperate with the International Maritime Organisation to improve maritime safety and protect seafarers in the Gulf, adding that ships not linked to “Iran’s enemies” could pass the strait by coordinating security and safety arrangements with Tehran.
“Diplomacy remains Iran’s priority. However, a complete cessation of aggression as well as mutual trust and confidence are more important,” Mousavi said, adding that Israeli and U.S. attacks against Iran were at the “root of the current situation in the Strait of Hormuz”.
Mar 22, 2026 12:08:33 PM IST
Dubai Abu Dhabi news LIVE: No evacuation warning for Qatar’s Doha, says IRGC source
Dubai Abu Dhabi news LIVE: Iran has not issued any warning to evacuate Doha or Qatari media, Iranian news agency Mehr reported citing a source.
As per the report, the source in the Islamic Revolutionary Guard Corps said: “Contrary to false rumours circulating on social media, Iran has not issued any warning to evacuate Doha, Qatar, or the country’s media outlets.”
Mar 22, 2026 11:37:04 AM IST
Dubai Abu Dhabi news LIVE: Iran threatens West Asia infrastructure
Dubai Abu Dhabi news LIVE: Iran on Sunday threatened to attack key infrastructure across the Middle East if US President Donald Trump follows through on his vow to “obliterate” the Islamic republic’s power plants unless the Strait of Hormuz swiftly reopens.
Trump, after signalling he may wind down the war, ratcheted up pressure on Iran’s leadership, announcing a countdown over the Islamic republic’s de facto blockade on the crucial trade route.
“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!” Trump posted on his Truth Social platform.
But Iran’s military operational command responded that if the country’s facilities were hit, “all energy, information technology and desalination infrastructure belonging to the US” in the region would be targeted.
Mar 22, 2026 10:55:01 AM IST
Dubai Abu Dhabi news LIVE: Drone strikes target military base near Baghdad airport, says report
Dubai Abu Dhabi news LIVE: Iran’s official IRNA news agency said on Sunday that a drone attack targeted a military base near the Baghdad International Airport.
The “military base, located near Baghdad International Airport, has again been the target of drone strikes,” IRNA wrote, referring to a compound that was used in the past by the US military.
Mar 22, 2026 10:27:10 AM IST
Dubai Abu Dhabi news LIVE: Rain warnings issued in UAE
Dubai Abu Dhabi news LIVE: Unstable weather is likely to continue across the United Arab Emirates today and in the coming days, with forecasts indicating cloud cover, scattered rainfall, strong winds and the possibility of thunderstorms as a low-pressure system impacts the country, local media reported.
According to the National Centre of Meteorology, the country is currently under the influence of a surface low-pressure system along with an upper-air extension, creating favourable conditions for cloud formation and rain.
Mar 22, 2026 10:13:16 AM IST
Dubai Abu Dhabi news LIVE: UAE targeted after islands warning
Dubai Abu Dhabi news LIVE: The UAE said it faced aerial attacks from Iran after the nation warned against allowing strikes from disputed islands near the strategic Strait of Hormuz. The islands of Abu Musa and Greater Tunb, controlled by Iran but claimed by the UAE, have long been a source of dispute between the two countries.
Mar 22, 2026 9:57:41 AM IST
Dubai Abu Dhabi news LIVE: Wartime Eid in Iran amid US-Israeli strikes
Dubai Abu Dhabi news LIVE: Thousands of Muslims gathered to offer Eid al-Fitr prayers in Iran on Saturday, marking the end of the Ramadan fast, as the war in West Asia continued, according to local media.
Iran, which has a majority Shia population, observed the end of Ramadan a day later than most other Muslim countries, which are largely Sunni.
Mar 22, 2026 9:36:26 AM IST
Dubai Abu Dhabi news LIVE: Iran strikes near Israeli nuclear research centre
Dubai Abu Dhabi news LIVE: Videos showed large fireballs hitting the southern Israeli town of Dimona, which is home to a nuclear facility, as Iran launched missiles in what was the first time that the missiles breached Israel’s air defence systems in the area around the nuclear site.
More than 100 people were injured in Iranian strikes on the southern cities of Dimona and Arad after Israeli air defences failed to stop at least two ballistic missiles, medics said. This was the first incident where Iranian missiles went through air defences near the nuclear site. Watch the video here.
Mar 22, 2026 9:17:36 AM IST
Dubai Abu Dhabi news LIVE: Projectile hits close to a vessel off UAE coast
Dubai Abu Dhabi news LIVE: A projectile struck close to a bulk carrier off the coast of the United Arab Emirates, causing an explosion, the British military’s United Kingdom Maritime Trade Operations center said early Sunday.
The attack occurred about 15 nautical miles north of Sharjah in the UAE.
The UKMTO said the ship’s crew was safe.
Mar 22, 2026 8:55:56 AM IST
Dubai Abu Dhabi news LIVE: Saudi Arabia intercepts four more drones
Dubai Abu Dhabi news LIVE: Saudi Arabia’s defence ministry said it has intercepted and brought down four more drones over the Eastern Province.
The statement came hours after it confirmed that a ballistic missile had been shot down over Riyadh.
Mar 22, 2026 8:31:48 AM IST
Dubai Abu Dhabi news LIVE: UAE says responding to missile, drone threats from Iran
Dubai Abu Dhabi news LIVE: The United Arab Emirates said its air defence systems are actively responding to incoming missile and drone threats launched from Iran. Since the beginning of the war, the UAE has dealt with 341 ballistic missiles, 15 cruise missiles and 1,748 drones.
“MOD asserts that the sounds heard are the result of the Air Defence Systems intercepting missiles and drones,” the statement from UAE’s ministry of defence said.
Mar 22, 2026 8:26:50 AM IST
Dubai Abu Dhabi news LIVE: WHO chief says attacks on UAE, West Asia region threaten public health
Dubai Abu Dhabi news LIVE: The head of the World Health Organization has warned that the worsening conflict across West Asia is putting public health and safety at serious risk, after recent strikes on the United Arab Emirates and other Arab countries.
In a post on X, Who Director-General Tedros Adhanom Ghebreyesus said he met Ambassador Jamal Al Musharakh, the United Arab Emirates’ Permanent Representative to the United Nations in Geneva. During the meeting, they spoke about the broad health impact of the ongoing conflict in the United Arab Emirates and the wider region.
“In the UAE, missile strikes have reportedly killed eight people and injured 158. In Oman, at least two people have died as a result of a missile strike, while in Kuwait two paramedics were injured by shrapnel that struck their ambulance centre.
Energy facilities have come under attack across the region, including in Qatar and Saudi Arabia. There are also growing concerns in the Emirates and across the region that strikes on such sites could cause respiratory issues linked to breathing toxic smoke from fires. Damage to desalination plants also threatens water supplies, while people’s mental health is placed under increased strain as communities cope with the stress of living under the risk of bombardment,” Ghebreyesus said.
Mar 22, 2026 8:10:00 AM IST
Dubai Abu Dhabi news LIVE: UK nuclear-powered submarine positioned in Arabian Sea, says report
Dubai Abu Dhabi news LIVE: A British nuclear-powered submarine equipped with Tomahawk cruise missiles has taken position in the Arabian Sea, giving Britain the capability to launch long-range strikes if regional conflict escalates, the Daily Mail reported on Saturday.
Mar 22, 2026 7:58:19 AM IST
Dubai Abu Dhabi news LIVE: UAE faces drones, missiles after Iran’s warning
Dubai Abu Dhabi news LIVE: The United Arab Emirates said it faced aerial attacks from Iran after the Islamic Republic warned its neighbour against allowing strikes from disputed islands near the strategic Strait of Hormuz.
The islands of Abu Musa and Greater Tunb, which are controlled by Iran but claimed by the UAE, have long been a source of dispute between the two countries.
Mar 22, 2026 7:49:20 AM IST
Dubai Abu Dhabi news LIVE: Qatar helicopter crashes after ‘technical malfunction’
Dubai Abu Dhabi news LIVE: Rescuers were searching for the crew and passengers of a Qatari military helicopter that crashed in the Gulf state’s waters after a “technical malfunction”, the government said early Sunday.
“A Qatari helicopter had a technical malfunction during a routine duty, which led to its crash in the regional waters of the State,” Qatar’s defence ministry said in a statement posted to X. “Searching operation for its crew members and passengers is in progress.”
The interior ministry said that several specialised teams have been deployed.
Mar 22, 2026 7:42:27 AM IST
Dubai Abu Dhabi news LIVE: Saudi detects 3 drones launched towards Riyadh
Dubai Abu Dhabi news LIVE: Saudi Arabia’s defence ministry said it detected three missiles launched towards Riyadh, of which one was intercepted while two landed in an uninhabited area.
Mar 22, 2026 7:38:59 AM IST
Dubai Abu Dhabi news LIVE: Trump threatens Iran with power plant strikes over Hormuz blockade
Dubai Abu Dhabi news LIVE: US President Donald Trump on Saturday threatened to “obliterate” Iran’s power plants if Tehran does not fully reopen the Strait of Hormuz within 48 hours, a significant escalation barely a day after he talked about “winding down” the war.
“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!” Trump said on social media.
Mar 22, 2026 7:23:13 AM IST
Dubai Abu Dhabi news LIVE: UAE says intercepted 341 ballistic missiles, over 1,700 drones since start of war
Dubai Abu Dhabi news LIVE: The United Arab Emirates said its air defence systems intercepted three ballistic missiles and eight drones launched from Iran on Saturday (March 21).
Since the beginning of the war, UAE air defences have dealt with 341 ballistic missiles, 15 cruise missiles and 1,748 drones.
In the last one year, the RBI has cut the Repo Rate multiple times during the MPC meetings. As a result, the interest rates on bank fixed deposits and corporate bonds have fallen. Investors have been looking for investment options with higher yields. One of these options includes the infrastructure investment trusts (InvITs), within which the IndiGrid InvIT currently offers a yield of more than 9%. However, it cannot be directly compared to bank fixed deposits or corporate bonds. In this article, we will understand what InvITs are, what the IndiGrid InvIT is, how it has performed, and whether you should invest in it.
The IndiGrid InvIT is India’s first and largest publicly listed InvIT.
What is an InvIT?
An Infrastructure Investment Trust (InvIT) is a Collective Investment Scheme (CIS), similar to a mutual fund. It is registered with SEBI and is regulated by SEBI. An InvIT raises funds from investors and invests them primarily in infrastructure assets. The investors are issued the InvIT units equivalent to their investment.
The InvIT invests its funds in infrastructure assets such as power transmission lines, solar power generation and storage projects, roadways, mobile towers, data centers, optical fiber lines, logistics infrastructure, etc. The income generated by these assets is distributed to investors in the form of distributions, usually quarterly.
Some of the stock exchange-listed InvITs in India include:
IRB InvIT Fund
IndiGrid Infrastructure Trust
Powergrid Infrastructure Investment Trust
The units of the above exchange-listed InvITs can be bought and sold through your trading account by logging in to the broker’s website/mobile App. The units bought are credited to your demat account, and the money is debited from your trading/banking account.
When you sell units, they are debited from your demat account, and the money is credited to your trading/bank account. The profit earned (capital gain) is the difference between the selling price and the buying price of the units. The above-mentioned listed InvITs make quarterly distributions to their unitholders.
SEBI regulations for InvITs
SEBI has laid down various regulations that all InvITs have to comply with. Some of these include:
An InvIT has to invest and maintain a minimum of 80% of its funds in operational and revenue generating-infrastructure projects
An InvIT must distribute not less than 90% of its net distributable cash flows to its unitholders periodically
What is IndiGrid InvIT?
The IndiGrid InvIT is India’s first and largest publicly listed InvIT. It owns, operates, and manages power transmission, renewable generation, and energy storage assets across India. It has assets under management (AUM) of more than Rs. 32,800 crores spread across transmission lines, solar generation, battery energy storage, and transformation capacity. It enjoys a strong AAA credit rating.
How has IndiGrid InvIT performed?
IndiGrid InvIT got listed in June 2017, with an issue price of Rs. 100 per unit. Post listing, IndiGrid InvIT announced the first acquisition of its Sponsor assets in October 2017. At that time, the InvIT’s AUM was Rs. 3,800 crores. Since then, over the years, the InvIT has acquired transmission lines, solar generation projects, etc., and grown its AUM by more than 8 times to Rs. 32,800 crores.
Over the years, the acquisitions have been distribution accretive, leading to a rise in Distribution Per Unit (DPU) from Rs. 11 in FY 2018 to Rs. 16 in FY 2026. The current price per unit trades around Rs. 165, which is an absolute gain of 65%.
For the Financial Year 2025-26, IndiGrid InvIT management has guided for a distribution per unit (DPU) of Rs. 16. So far, it has made 3 quarterly distributions of Rs. 4 each (Rs. 12 in total) and is on track to meet its annual guidance.
As per the InvIT’s quarterly investor presentation, as of February 2026, it has distributed DPU of Rs. 113.32/unit since its listing. Suppose, someone invested at Rs. 100/unit in the IPO and is still holding the units. They have received distributions of Rs. 113.32/unit, which is more than their investment amount in the form of distributions.
Let us look at the overall returns of IndiGrid InvIT.
The table above shows that IndiGrid InvIT has given a 13% annualised return since its listing, which is a decent return.
Should you invest in IndiGrid InvIT?
Historically, IndiGrid has grown through acquisitions, thereby increasing its AUM. It participates in projects as and when they are available for bidding. In its Q3 FY 2025-26 investor presentation, it mentioned high bidding activity in the transmission and BESS sector with a total project value of the bid pipeline estimated at Rs. 1,57,000 crores. So, IndiGrid’s future growth will depend on the number of projects they acquire, how accretive they are, funding costs, growth in net distributable cash flows (NDCF), distribution per unit (DPU), etc.
The current unit price trades around Rs. 165. The management has guided a DPU of Rs. 16 for FY 2025-26. Based on the current unit price of Rs. 165 and the DPU of Rs. 16, the yield works out to more than 9%, which is decent.
The risks include underperformance of the infrastructure assets owned resulting in lower-than-expected income, an increase in the cost of debt due to rising interest rates, potential delays in the completion of under-construction projects, fall in DPU, stock market volatility leading to higher fluctuations in unit prices, etc.
Whether you should invest in IndiGrid InvIT units will depend on your risk appetite. You must consult your financial advisor, who will assess your risk profile and other factors. Accordingly, the financial advisor will advise whether you should invest and how much percentage of your overall portfolio you should allocate to it. You must always follow asset allocation and diversify your investment portfolio across various asset classes.
