Indian benchmark indices hit fresh highs on Monday but failed to sustain gains, closing lower. The NSE Nifty ended down 0.3% and the BSE Sensex declined 0.4%, despite upbeat Asian markets. Profit-taking at higher levels and a decline in HDFC Bank contributed to the fall.
Major airlines reopened flights across the Caribbean region after U.S. Transportation Secretary Sean Duffy said on X that the U.S. would lift airspace restrictions at 12 a.m. ET on Saturday.
Leaders of the Corporation for Public Broadcasting, a private agency that has steered federal funding to PBS, NPR and hundreds of public television and radio stations across the country, voted Monday to dissolve.
Consumer goods demand saw a strong recovery in the October-December quarter, driven by GST cuts and easing inflation. Sales of electronics like ACs and TVs rose significantly, marking the retail market's best growth phase in over 18 months. Retailers remain cautious but inventory levels have decreased.
