Author: News Desk

Indian wicketkeeper-batter Sanju Samson has quietly built a strong financial portfolio alongside his cricketing career. As of 2026, his estimated net worth ranges between ₹85 crore and ₹100 crore, placing him among the wealthier Indian cricketers of his generation. A large share of Samson’s wealth comes from the Indian Premier League (IPL). Since debuting in 2012, he has played for teams including Rajasthan Royals and later Chennai Super Kings, earning around ₹95 crore from IPL contracts alone across his career. He also earns through a BCCI central contract, which provides about ₹1 crore annually, along with match fees for international appearances. Endorsements with brands such as…

Kuwait has announced a temporary ban on the export of all food products in a move aimed at protecting domestic supply and stabilising local markets. The decision comes amid growing concerns over regional instability and potential disruptions in global food supply chains. Authorities said the measure is designed to prioritise the needs of Kuwait’s residents by ensuring that essential food items remain adequately available within the country. By restricting exports, the government hopes to prevent shortages and avoid sudden price spikes in the domestic market. Officials noted that the ban will remain in place until market conditions stabilise. The government…

The United States has issued a temporary 30-day waiver allowing Indian refiners to continue purchasing Russian crude oil, easing immediate pressure on India’s energy supply amid disruptions in West Asia. The waiver, issued by the U.S. Treasury, is aimed at preventing sudden supply shocks in global energy markets while allowing cargoes already in transit to reach Indian buyers. The decision comes as tensions in West Asia threaten oil supply chains and shipping routes, raising concerns about price volatility and availability. India has emerged as one of the largest buyers of discounted Russian crude since the Ukraine war, helping refiners secure cheaper supplies while…

India is considering a plan to expand its long-range air defence network by acquiring five additional Russian S-400 “Sudarshan Chakra” missile systems, potentially doubling its fleet to ten battalions. The move would significantly strengthen India’s ability to defend against aircraft, cruise missiles, drones and limited ballistic missile threats. India originally signed a $5.5-billion deal with Russia in 2018 for five S-400 systems, with deliveries beginning in 2021. Three units have already been deployed, while the remaining systems are expected by 2026. The proposed new procurement would build on this capability and provide broader coverage across both western and eastern fronts.…

The Government of Tamil Nadu has unveiled its Shipbuilding Policy 2026, aiming to position the state as a major global hub for shipbuilding and maritime manufacturing. The policy focuses on attracting international shipyards and investors to build large ocean-going vessels, including Very Large Crude Carriers (VLCCs) and other mega ships. To encourage investment, the state is offering a Structured Package of Assistance for projects investing at least ₹1,000 crore and generating around 1,000 jobs. Incentives include state equity participation of up to 49%, capital subsidies between 10% and 25%, asset leasing support up to ₹6,000 crore, and production-linked incentives for large projects. The policy also proposes developing integrated shipbuilding…

On February 6, 2026, the Supreme Court partially allowed a woman’s appeal over a bad haircut case, awarding her ₹25 lakh instead of the ₹5.2 crore she had sought. The court noted that while she claimed the haircut hurt her confidence, impacted her modelling opportunities, and caused depression, the evidence she provided did not justify such a high compensation. The Court emphasized that claims must be backed by reliable proof of actual loss, not assumptions. Background:The incident occurred on April 12, 2018, when the woman went to a five-star hotel salon for a haircut, which she alleged was cut too…

Kerala-based Hygiene Laboratories has launched a patented product, Diaper Dissolver, designed to break down used diapers and sanitary pads, addressing a growing environmental concern in both urban and rural areas. The product targets Super Absorbent Polymer (SAP), or sodium polyacrylate, the substance that causes diapers and sanitary pads to swell when wet. This swelling is a major contributor to blocked drains, flooding, and long-term pollution. Improper disposal of these items in toilets, drains, or landfills has repeatedly led to drainage issues, water stagnation, and contamination of soil and water bodies. Founded in 2006 in Chadayamangalam, Kollam, Hygiene Laboratories has a history of…

Investment banking giant Morgan Stanley announced on March 4 that it is laying off approximately 2,500 employees, around 3% of its global workforce. The cuts, first reported by The Wall Street Journal, affect major divisions including Institutional Securities, Wealth Management, and Investment Management, but financial advisors are not impacted. Both front-office and back-office roles are included, though the bank has not specified which regions will see the highest impact. The layoffs are set to begin in early March, according to sources, and stem from shifting business priorities, a revised global location strategy, and individual performance reviews—not from artificial intelligence adoption.…

Air India on Wednesday announced additional flights to Toronto, Frankfurt, and Paris (Charles de Gaulle) to meet rising demand amid the ongoing situation in West Asia. Air India Express, the airline’s low-cost subsidiary, confirmed that its services to Muscat will continue, along with extra flights between Muscat and Delhi and Mumbai. Between March 5 and 11, Air India will operate three extra flights between Delhi and Toronto. From March 7 to 10, the airline will add three flights between Delhi and Frankfurt and one flight between Delhi and Paris. These added services aim to give travellers more options, with convenient…

Tyre manufacturer MRF Ltd has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government, pledging an investment of ₹5,300 crore over 12 years to establish a new tyre plant in the state. The proposed factory will be located in the SIPCOT Industrial Park in Sivaganga district and is expected to create around 1,000 jobs, the government said. At a ceremony at the Secretariat, MRF Ltd Chairman and Managing Director K M Mammen and Vice Chairman Arun Mammen exchanged documents with Guidance MD and CEO Darez Ahmed, in the presence of Chief Minister M K Stalin, Chief Secretary N…