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.