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    US retail sales rises 1.7% MoM in March driven by gas price spike due to the Iran war

    A spike in gas prices due to the Iran war, now in its eighth week, resulted in a hefty 1.7% gain in retail sales in March after a revised 0.7% increase in February, according to the Commerce Department's report on Tuesday. The report marks the first read on spending to capture the effects of the Iran war.

    Union Budget 2026 Speech PDF Download: FM Nirmala Sitharaman’s full budget text

    Union Budget 2026 Speech PDF: Finance Minister Nirmala Sitharaman unveiled the Union Budget 2026-27. The budget focuses on accelerating economic growth and enhancing productivity. Key proposals include scaling up manufacturing, boosting infrastructure, and supporting MSMEs. The government also aims to strengthen the financial sector and leverage emerging technologies. Citizen welfare and employment generation are central to the budget's vision for Viksit Bharat.

    TRAI to review tariffs for domestic leased circuits after 11-year gap

    The Telecom Regulatory Authority of India (TRAI) plans to review tariffs for domestic leased circuits (DLCs) for the first time in over a decade. DLCs are dedicated high-speed data lines used by banks, government offices, hospitals, data centres, and large companies for secure and reliable internet connections.

    Trump sets the tone ahead of Xi meet: Make a deal or 155% tariffs from November 1
    Ahead of Market: 10 things that will decide stock market action on Tuesday

    Indian stock markets closed strongly on Monday. Banking, auto, and IT sectors led the gains. Nifty closed at 24,585.05, up by 0.91%. Sensex ended at 80,604.08, gaining 0.93%. Nifty regained its 100-DMA. Adani Enterprises and Tata Motors saw strong buying interest. Over 107 stocks hit 52-week highs. Hero Motocorp experienced selling pressure.

    Pakistan's quiet solar rush puts pressure on national grid

    Pakistanis are increasingly ditching the national grid in favour of solar power, prompting a boom in rooftop panels and spooking a government weighed down by billions of dollars of power sector debt. But the fall in national grid consumers has crept up on an unprepared government burdened by $8 billion of power sector debt, analysts say.

    The Economic Times
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