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India said to ease FDI policy for China, some neighbours in economic reset| Business News

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India said to ease FDI policy for China, some neighbours in economic reset| Business News


India has moved to ease stringent restrictions on foreign direct investment (FDI) from neighbouring nations, including China, signalling a potential thaw in the economic relations six years after a border standoff frayed ties.

India's Prime Minister Narendra Modi and China President Xi Jinping. (AP)
India’s Prime Minister Narendra Modi and China President Xi Jinping. (AP)

The Union Cabinet — chaired by Prime Minister Narendra Modi — has approved amendments to Press Note 3 (2020) on Tuesday, PTI reported on Tuesday citing sources. The original policy, enacted at height of the covid pandemic and following military clashes in the Galwan Valley, mandated prior government clearance for any investment originating from countries sharing a land border with India.

A Strategic Pivot

The move marks a significant departure from India’s FDI policy for neighbours that had effectively sidelined Chinese capital in the country’s burgeoning tech and manufacturing sectors. While the restrictions applied to seven nations—including Pakistan and Bangladesh—the primary target was China.

Despite the geopolitical friction, the economic reality has remained stubborn. China has emerged as India’s second-largest trading partner, even as investment remained anaemic. Between April 2000 and December 2025, China accounted for a mere 0.32% of India’s total FDI equity inflows, totalling $2.51 billion, according to data from the High Commission of India in London, UK.

Widening Trade Deficit

The policy shift comes as New Delhi grapples with a widening trade gap. In the fiscal ended 31 March 2025, India’s trade deficit with China ballooned to $99.2 billion, driven by a double-digit surge in imports of electronics, machinery, and active pharmaceutical ingredients.

By easing investment hurdles, the government may be looking to swap “trade for investment”—encouraging Chinese firms to set up local manufacturing units rather than simply shipping finished goods into the Indian market.

Market Implications

The relaxation could provide a lifeline to sectors such as electric vehicles (EVs) to electronics, where Chinese supply chains are dominant. However, New Delhi is expected to maintain a “vetted” approach for sensitive sectors like telecom and data-heavy industries, ensuring that national security remains balanced with economic necessity.


Could the US-Israel war with Iran fuel global inflation? | Business and Economy

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Could the US-Israel war with Iran fuel global inflation? | Business and Economy


Oil prices are swinging as markets react to every twist in the conflict.

The United States and Israel’s war on Iran has caused the largest energy supply shock in decades.

The Strait of Hormuz is in effect closed, and attacks are being carried out on energy facilities in the Middle East, rattling oil markets.

From Americans filling their tanks at the pump to European factories and Asian economies, the impact is already being felt.

US President Donald Trump says the rise in oil prices is a “very small price to pay” for “safety and peace”. But investors warn that if the conflict drags on, there’s danger of stagflation.


After Shakti Shalini, Aneet Padda replaces Kiara Advani in Madhubala biopic? But netizens want Triptii Dimri

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After Shakti Shalini, Aneet Padda replaces Kiara Advani in Madhubala biopic? But netizens want Triptii Dimri


After the release of their debut film Saiyaara (2025), Ahaan Panday and Aneet Padda quickly became overnight sensations. The internet fell in love with the two young actors and eagerly waited for their return to the silver screen. While Ahaan signed his next with Ali Abbas Zafar, Aneet was officially announced as the lead star of Maddock Horror Comedy Universe’s next film Shakti Shalini. Before Aneet, Kiara Advani was rumoured to headline the female-centric horror comedy. Well, according to latest buzz, Aneet has now bagged another project which was rumoured to be Kiara’s next — the biopic of Madhubala, one of the finest actors that Indian cinema ever had.

Kiara Advani, Aneet Padda and Triptii Dimri
Kiara Advani, Aneet Padda and Triptii Dimri

Since the last few weeks, actor Kiara Advani was in the news regarding her casting in Madhubala’s biopic, which is being directed by Darlings (2022) fame Jasmeet K. Reen. It was also suggested that filmmaker Sanjay Leela Bhansali is backing the project. However, this rumour of Kiara’s casting as Madhubala was debunked by Hindustan Times a few days ago. Well, a new report shared by Filmfare now claims that Saiyaara star Aneet Padda has apparently been signed for Madhubala’s biopic and will soon begin filming. The report further states that makers might announce the casting soon. As we wait for confirmation, the internet already has tons to say.

Some netizens are glad that Aneet, and not Kiara, has been roped in to play Madhubala. One such fan claimed, “Far better than kiara,” whereas another gushed, “perfect choice . she CAN ACT and she looks like her too . atleast closest.” But some believe Aneet is not the correct fit for this project. A comment read, “Terrible terrible casting, Looks absolutely nothing like her,” whereas another netizen opined, “Noooo, please such a Misfit As much as I love that girl and her face card, it’s just not for her.” Meanwhile, there is a group of fans who believe Triptii Dimri would be a good choice for Madhubala’s biopic. One such Reddit user stated, “From the new lot only one I can see maybe pulling this off is Tripitii maybe…she has that innocence and acting in her,” whereas another agreed, “Feel like she can – Triptii can act with her eyes and hold the frame even in silence… The acting with eyes is rare and I feel like it’s a requirement to portray Madhubala. With Madhubala, it’s all about the eyes and the pain, joy and emotions they hold.” Another comment read, “Nah not Aneet, but Tripti Dimri would be perfect for Madhubala biopic.”

Update: According to a new report shared by Instant Bollywood, Aneet Padda has apparently not been cast in the Madhubala biopic.

Their latest Instagram post reads: “Reports claiming that Aneet Padda will portray legendary star Madhubala in an upcoming biopic are completely baseless, industry sources confirm.”


Michael Vaughan takes a dig at the ICC over travel arrangements after the T20 WC

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Michael Vaughan takes a dig at the ICC over travel arrangements after the T20 WC



Michael Vaughan takes a dig at the ICC over travel arrangements after the T20 WC

Former England skipper Michael Vaughan has once again criticised the ICC for the flight arrangements after the T20 World Cup. Despite being knocked out of the tournament for more than a week, both South Africa and the West Indies are still in Kolkata due to the travel restrictions in the Middle East.

While West Indies and South Africa await their travel arrangements, England headed back home on March 7 on a chartered flight. Since then, the likes of Vaughan, Quinton de Kock, David Miller and Daren Sammy have all questioned the ICC`s flight planning post-tournament.

Michael Vaughan took to X to express his disappointment, claiming that the travel arrangement should have been made for the West Indies and South Africa to return home earlier, given that they had spent more days in India than England.

West Indies were knocked out of the World Cup on March 1 after losing to India at Eden Gardens, while South Africa were knocked out on March 4 after their semi-final defeat against New Zealand. Meanwhile, England lost their semi-final clash against India on March 5.

The West Indies Cricket Board give an update regarding the team`s delay in departure

The West Indies team are stuck in Kolkata for more than a week after they were knocked out of the T20 World Cup. The Caribbean side was eliminated in the Super Eight stage of the competition; however, the squad is still in India, given the flight restrictions caused by the conflict in the Middle East.

West Indies Cricket Board released a statement confirming that a charter flight had been arranged by the ICC to take the players back home.
“While the situation remains complex and fluid due to international airspace restrictions arising from security concerns in the Gulf region, CWI assures the public that every precaution is being taken to ensure the safe return of the team to the Caribbean,” the statement said.

In the meantime, West Indies players and coach vented their frustration at the lack of communication via social media. Coach Darren Sammy posted a few tweets criticising the poor communication with the players, while Shimron Hetmyer posted a message saying he is missing his family.




The most expensive South Indian films made so far

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The most expensive South Indian films made so far


From ‘Kalki 2898 AD’ to ‘Varanasi’: Take a look at the most expensive South Indian films made so far
South Indian cinema is witnessing a surge in mega-budget productions, with ‘Kalki 2898 AD’ currently leading at Rs 600 crore. However, S. S. Rajamouli’s upcoming ‘Varanasi,’ starring Mahesh Babu, is poised to shatter records with an estimated Rs 1,200-1,400 crore budget, promising a global spectacle. Other high-profile films like ‘RRR’ and ‘Pushpa 2’ also feature prominently.

In recent years, the South Indian film industry has focused on high-budget projects aiming to result in international masterpieces. Epic movies have big budgets, large-scale production, stunning visual effects, ensemble casts, and plots that capture viewers worldwide. Showcasing breathtaking foreign locations, modern equipment, and A-list actors, such films are making their way into the Indian cinema market. Higher audience expectations push filmmakers to create better-quality films, encouraging producers and directors to work harder and compete with global blockbusters.

‘Kalki 2898 AD’ currently holds the record

At present, ‘Kalki 2898 AD’ is considered the highest-budget South Indian film, costing around Rs 600 crore, as stated in Deccan Chronicle. Nag Ashwin helmed the future-centered magnum opus, featuring Prabhas, Deepika Padukone, and Amitabh Bachchan in significant roles. The movie performed very well overseas, earning more than Rs 1,000 crore worldwide. The engaging story and stunning visual effects have wowed audiences, and the makers are soon working on a sequel to expand the film’s universe and meet even higher expectations.

‘Varanasi’ is expected to set a new record

The record held by Kalki 2898 AD may soon be surpassed by the upcoming mega project ‘Varanasi,’ directed by S. S. Rajamouli. As per Variety, the film is reportedly being produced on an unprecedented budget estimated between Rs 1,200 crore and Rs 1,400 crore. If confirmed, it would be the most expensive film in the Indian film industry. The hefty budget shows that the production company intends to create a movie with beautiful scenery that is understandable to anyone from any background.

Star-studded cast and globe-trotting storyline

The film features Mahesh Babu in the lead role, along with Priyanka Chopra Jonas and Prithviraj Sukumaran in important roles. Described by the creators as a globe-trotting adventure-thriller, the story seems to follow an adventurous journey through dangerous terrains and the revelation of ancient mysteries in locations across the world. With the setting shot in several foreign locales and high-end graphic sequences forming a gigantic part of the plot, ‘Varanasi’ promises to set a new benchmark of grandeur and budget in the South Indian film industry.

Other big-budget films in the top list

Other than ‘Kalki 2898 AD’ and ‘Varanasi,’ many South Indian movies are on the most expensive list. ‘RRR,’ directed by S. S. Rajamouli, was made on a budget of Rs 550 crore and went on to become an international blockbuster. ‘2.0,’ starring Rajinikanth and Akshay Kumar, also cost about Rs 400-600 crore. Another movie is ‘Pushpa 2: The Rule.’ This movie features Allu Arjun, and its production budget was estimated at 400-500 crores.


BCCI to honour five ICC title-winning Indian teams at annual awards in New Delhi | Cricket News

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BCCI to honour five ICC title-winning Indian teams at annual awards in New Delhi | Cricket News


BCCI to honour five ICC title-winning Indian teams at annual awards in New Delhi
India’s captain Suryakumar Yadav holds the T20 World Cup trophy with teammates. (PTI Photo)

NEW DELHI: The Board of Control for Cricket in India (BCCI) will host its annual awards ceremony (NAMAN) in New Delhi on March 15, where multiple Indian teams that lifted ICC trophies over the past year will be felicitated for their historic achievements.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!BCCI secretary Devajit Saikia confirmed that the ceremony will celebrate India’s remarkable success across formats and age groups, with players, coaches and support staff from several title-winning squads set to be honoured.

Sanju Samson opens up on T20 World Cup journey, and title win

“The BCCI Awards ceremony will happen on March 15 in New Delhi. We are going to invite all the ICC tournament winners, including the recent T20 World Cup champions, as well as coaches,” Saikia said while speaking to IANS.The ceremony will recognise the victorious teams from the ICC Men’s T20 World Cup 2026, the ICC Champions Trophy 2025, and the junior sides that triumphed on the global stage. According to Saikia, the senior women’s team, the Under-19 boys’ side and the Under-19 girls’ team—each of whom secured ICC trophies in 2025—will also be part of the celebrations.“Apart from the senior men’s team, the senior women’s team, U19 boys side, and U19 girls team, who won the trophy in 2025, will also be invited,” Saikia added.In total, members from five Indian teams that captured ICC titles over the past year will be honoured during the awards night.“We will also invite the 2025 Champions Trophy winning team members too. So, five ICC trophies won by various Indian teams during the course of last one year – all the members of those teams will be honoured on the awards night and it will be a great evening,” Saikia said.As per the report, the venue is expected to be a five-star hotel close to the airport, considering that players from the men’s squad will soon join their respective franchises ahead of the upcoming Indian Premier League season starting March 28.


Sanju Samson reminded me of Viv Richards and Mahela Jayawardene: Sunil Gavaskar blown away by ‘three pearlers’

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Sanju Samson reminded me of Viv Richards and Mahela Jayawardene: Sunil Gavaskar blown away by ‘three pearlers’


Sunil Gavaskar is mighty impressed with Sanju Samson’s breathtaking form, without which India would have struggled to win the T20 World Cup. Samson became the toast of the nation, and honestly speaking, why wouldn’t he? The guy galvanised India at the T20 World Cup after they were rocked by South Africa. From there, as every match became a knockout, the fearless Samson scored a hat-trick of half-centuries to emerge as the Player of the Tournament after just five games. 89 not out against the West Indies, 97 against England, 89 against New Zealand, and the T20 World Cup was India’s.

Sanju Samson in full flow against New Zealand (PTI)
Sanju Samson in full flow against New Zealand (PTI)

Samson’s biggest test was against England, especially their premier quick Jofra Archer. Archer’s pace and his targeting of Samson’s rib area had troubled the batter in previous T20Is, dismissing him three times; hence, it was crucial for the India opener to overcome those concerns. And boy, did he do it in style! Samson plundered Archer for 38 runs off 14 balls – a huge improvement from last year in India, when he managed just 23 off 25 – and, as Gavaskar points out, it had shades of Viv Richards written all over it.

Also Read: BCCI announces its biggest ever cash prize for India’s T20 World Cup-winning team

“Purity of batting is generally a virtue in the longest format of the game, Test match cricket, and occasionally in the 50-over game, but hardly ever in the ultra-short format of the game. Samson provided that in all his three fifty-plus innings in playing classical cricket shots, along with some of the most imperious pulling and hooking seen in recent times. His pulling, off the fierce pace of Jofra Archer, was reminiscent of Viv Richards at his powerful best, though most of his batting is more like the Sri Lankan stylist Mahela Jayawardene,” Gavaskar wrote in his column for SportStar.

From being benched to becoming Player of the Tournament

And to think that Samson almost did not play. India had made up their mind to back Ishan Kishan and Abhishek Sharma as their openers for the T20 World Cup. Even if Samson were to play at some point, it was likely to be in the middle order. But certain factors paved the way for Samson’s return to the top, primarily Abhishek’s loss of form. When Samson scored 24 against Zimbabwe after the wake-up call against South Africa, he received a fist bump from Gambhir. That said it all. Samson was back opening the innings for India, and the rest, as they say, is history.

Also Read: Shivam Dube reveals why India became a different beast after South Africa match

“Sanju Samson is a prime example of how form can change in one innings. He was not even in the mix at the start of the tournament after a horrific time in the five-match T20I series against New Zealand, just before the World Cup started. Rinku Singh’s father’s condition worsening before his demise meant that Rinku left the team to go and see him. While he did return to the team, the management thought it better not to play him and opted to bring back Samson. This meant there was a right and left-hand combination at the top of the batting order once again, and even as Abhishek Sharma faltered, Samson grabbed his chance and played three pearlers that would be remembered for years to come,” noted Gavaskar.


Iran war impact on India: LPG shortage concerns rise; which states may feel the heat?

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Iran war impact on India: LPG shortage concerns rise; which states may feel the heat?


Opposition Targets Modi Govt As LPG Commercial Crisis Threatens Shutdown Of Restaurants Across India

As tensions in West Asia escalate, some cities are beginning to see disruptions in the supply of commercial LPG cylinders used by restaurants, hotels and food businesses. Industry bodies say the impact is already being felt in cities such as Bengaluru, Mumbai and Chennai, where eateries rely heavily on commercial cooking gas for daily operations. Authorities have prioritised domestic LPG supplies for households to ensure that cooking gas remains available for residential consumers. However, this has tightened availability for commercial establishments in some areas. Amid disruptions to imported gas supplies due to the widening West Asia conflict, the government has revised the priority order for allocating domestically produced natural gas. Under the new arrangement, LPG production, along with CNG and piped cooking gas, has been placed at the top of the priority list and their requirements will be fully met first, according to a gazette notification cited by PTI.

Opposition Targets Modi Govt As LPG Commercial Crisis Threatens Shutdown Of Restaurants Across India

The government has formed a panel of three Executive Directors (EDs) of Oil Marketing Companies (OMCs) to examine requests for LPG supply from restaurants, hotels and other industries.

Karnataka

Karnataka deputy CM and State Congress President, DK Shivakumar, on Tuesday said that the state’s “entire hotel and commercial industry has been affected.” Hotel and restaurant operations in Bengaluru are likely to face disruption from March 10 after the supply of commercial gas cylinders came to a sudden halt, the Bangalore Hotels Association said on Monday. The association noted that the stoppage, linked to rising energy costs and supply constraints caused by the West Asia conflict, could force hotels to shut operations. “Since the gas supply has stopped, the hotels will be closed from tomorrow,” it said in a release, cited by PTI.It added that the hotel industry, considered an essential service, caters to common people, students and medical professionals who depend on hotels for daily meals, and the disruption could affect them until gas supplies return to normal. PC Rao, honorary president of the association, had earlier said, “Only about 10% of hotels and restaurants in Bengaluru received their LPG supply today. We have gas to keep our kitchens running only until Tuesday afternoon or evening.”

Maharashtra

Mumbai is already seeing the impact. LPG dealers said that the disruption has already begun affecting the availability of cooking gas. Consumers who booked refills are now facing delays ranging between two and eight days. Furthermore, they added that the supply of commercial cylinders used by hotels and restaurants has been completely halted and eateries could enter crisis mode. LPG dealers further added that hotels and other commercial establishments may be forced to buy domestic cylinders from the black market. “This is illegal as well as dangerous,” they cautioned.Pune municipal commissioner Naval Kishor Ram had also told ANI earlier that while all 27 crematoriums in the city were operational, the 18 facilities that depend on Liquefied Petroleum Gas (LPG) will be temporarily shut due to a “break” in supply, in order to prevent a shortage. Ram said, “Crematorium systems have not been disturbed, or there are no breaks in this… We have around 27 crematoriums in the city, with all the facilities. LPG is used in 18 of them… Due to the break in the supply, we are discouraging the use of commercial LPG in these 18 places to prevent the shortage. But we do have other facilities.”

West Bengal

The ongoing conflict is also raising concerns over potential disruptions for restaurants and bakeries in Kolkata. Establishments that depend on LPG scrambled to explore alternative options on Monday after the Union Ministry of Petroleum and Natural Gas suspended the distribution of non-domestic LPG cylinders. Sources within the hospitality and food sectors cautioned that operations could soon be affected if the supply of commercial LPG continues to remain suspended.In response, the government has stepped in with a series of measures to manage the crisis, prioritising domestic cooking gas supplies for households over other sectors to ensure that daily life for citizens remains largely unaffected.

What government said?

  1. Directed refineries to ramp up LPG production: The government has asked oil refineries to increase output and divert the additional LPG specifically towards domestic consumption. “In light of current geopolitical disruptions to fuel supply and constraints on supply of LPG, the ministry has issued orders to oil refineries for higher LPG production and using such extra production for domestic LPG use,” the ministry said.
  2. Extended LPG refill booking cycle: The gap between LPG refill bookings has been increased from 21 days to 25 days to avoid hoarding/black marketing.
  3. Set up a committee to review supply to commercial users: A panel of three Executive Directors (EDs) of Oil Marketing Companies (OMCs) has been formed to examine requests for LPG supply from restaurants, hotels and other industries. “For LPG supply to other non-domestic sectors, a committee of three Executive Directors (EDs) of Oil Marketing Companies (OMCs) have been constituted to review the representations for LPG supply to restaurants/hotels/other industries.”

What triggered the sudden LPG shortage?

India’s annual LPG consumption stands at about 31.3 million tonnes, with the bulk, nearly 87%, used in household kitchens, while the remaining share goes to commercial users such as hotels and restaurants. A large portion of the country’s requirement, around 62%, is fulfilled through imports. However, the recent US and Israel attack on Iran and the disruption to the oil supplies flowing through Strait of Hormuz, a critical route for India’s LPG supplies, has raised concerns. Nearly 85–90% of the country’s LPG imports from nations such as Saudi Arabia pass through this corridor. Now, as the conflict intensifies, India is considering alternative sources for fuel imports, turning to regions like Russia and West Africa.


CBSE question paper QR code didn't just lead to any song; it's a 1987 dance hit that sparked ‘Rickrolling’

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CBSE question paper QR code didn't just lead to any song; it's a 1987 dance hit that sparked ‘Rickrolling’


It must’ve started with one curious student scanning the QR code on the CBSE Class 12 mathematics question paper, wondering what it’s there for. Soon, social media was filled with videos of students landing on a YouTube video that had nothing to do with the paper or even math at all — it had someone dancing and singing, “Never gonna give you up.”

Rick Astley is 60 now, and continues to tour mainly the UK and Ireland with 'Never Gonna Give You Up' and other songs; (right) the QR code on a math question paper of CBSE Class 12 that led to his song's video on YouTube. (Photos: X/@RickAstley, Sourced)
Rick Astley is 60 now, and continues to tour mainly the UK and Ireland with ‘Never Gonna Give You Up’ and other songs; (right) the QR code on a math question paper of CBSE Class 12 that led to his song’s video on YouTube. (Photos: X/@RickAstley, Sourced)

Meme culture has a name for it: “Rickroll”. We’ll come to that.

First, to be sure, the Central Board of Secondary Education has clarified the QR code is meant to be security feature “to verify the genuineness of the question paper in case of suspected security breach”; and that it was not meant to lead to the song video. The board has confirmed that “the question papers are genuine” and their security “remains uncompromised”.

The Class 12 mathematics exam was held on March 9 from 10:30 am to 1:30 pm.

“The matter has been viewed seriously and necessary steps are being taken by the Board to ensure that such issues are not repeated in future,” said Sanyam Bhardwaj, CBSE’s controller of exams.

Now for the “Rickroll”. It’s a popular online prank whereby someone is tricked into clicking a link that leads to the music video.

And that video is always this one: Rick Astley’s 1987 hit song ‘Never gonna give you up’. There’s no set theory to how this meme originated around 2010, when social media exploded, but it remains a common online prank, most commonly on TikTok.

The song isn’t just any song anyway. It is a chart-topping dance-pop hit of its time.

Released in 1987, the single by the English singer-songwriter Astley reached top of the charts in 25 countries and won awards, before becoming timeless with the “Rickroll” meme. It passed a billion YouTube views in 2021, and as of March 10, 2026, had 1.7 billion.

This was Rick Astley’s debut song, earning the ‘British Single of the Year’ BRIT Award. Astley was nominated for a Grammy for Best New Artist.

Two decades on, “Rickrolling” was born. The song was written and produced by the team Stock-Aitken-Waterman, who became hitmakers for artists like Kylie Minogue, Dead or Alive, and others.

It’s found renewed interest in India after the CBSE question-paper fiasco, rather late as TikTok remains banned in the country for about six years now.

Rick Astley, who is now 60, has been asked about the “Rickrolling” phenomenon, which he has termed “really weird” but embraced. “It was something difficult for me to get my head around at first. Let’s face it, that video is from a long time ago. I look like I’m 11 years old and wearing my dad’s overcoat,” he told Fox News in 2020.

“I wouldn’t say I’ve been accidentally Rickrolled, but I’ve certainly been Rickrolled. Most of my friends and colleagues and people I know say have you seen this one, have you seen this one, I’ve seen them all, I have seen them all,” he told Newsweek.


Two men charged with terror offences after homemade bomb thrown outside NYC mayor’s home

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Two men charged with terror offences after homemade bomb thrown outside NYC mayor’s home


In an earlier update, over the weekend, Tisch told reporters the protest outside the mayor’s residence was organised by Jake Lang, a far-right influencer and pardoned 6 January rioter. That group was outnumbered by the counter-protest, which had over 100 participants.