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  • Media and entertainment deals will remain strong in 2026. Transactions will focus on content, gaming, sports, and AI companies with intellectual property. Most deals will be mid-sized. The sector saw significant activity in 2025, with deal volumes rising. Value creation will be driven by content, IP, and platform consolidation. Digital advertising will also see more mergers and acquisitions.

    India has successfully maintained full supply of Piped Natural Gas and Liquefied Petroleum Gas for homes. This was achieved by prioritising domestic needs during energy disruptions from the West Asia crisis. Commercial LPG supplies have also been restored significantly. The government implemented measures to manage demand and ensure availability for critical sectors and industries.

    Axiro Semiconductor and MPower Partners have made a significant leap by investing in EdgeCortix, a trailblazing firm from Japan dedicated to advancing energy-efficient AI technology. This funding is set to expedite EdgeCortix’s innovations in next-gen platforms tailored for Generative and Agentic AI applications.

    The March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the Gulf conflict introduced external shocks, with first-order impacts visible in rising input costs. Investors should focus on forward-looking signals as second-order effects are expected to unfold in Q1 FY27.

    Mahindra & Mahindra is reportedly in advanced talks to upgrade its South African plant, potentially introducing completely knocked-down (CKD) production. This move aims to capitalize on rising demand for affordable vehicles and sidestep potential import tariffs, enhancing local manufacturing capabilities and competition in the South African market.

    HBO Max is now available in India exclusively on JioHotstar. This partnership brings popular shows like Euphoria and The Last of Us to Indian viewers. Upcoming releases include new seasons of House of the Dragon and the Harry Potter series. Subscribers can also access classic series and Warner Bros. films.

    India has received Iranian oil shipments. This marks the first imports in seven years. The nation is securing volumes before a US grace period ends. Tankers are discharging crude on India's east and west coasts. This move aims to manage global energy flow disruptions. India is leveraging waivers for previously restricted oil.

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RBI rejects banks’ request to spread out Q4 treasury losses

The RBI has declined banks’ request to stagger provisions for likely MTM losses in the March quarter. Banks had sought relief to cushion the impact of rising bond yields and a late-imposed $100 million cap on net open positions, both of which pressured treasury earnings.

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Wednesday, 15 Apr, 2026

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Russia courts foreign workers with new online scheme as labour shortages bite

Russia has introduced a new digital service for foreigners seeking to live and work in the country. This initiative aims to address significant labor shortages across various sectors. The program, named 'Time to live in Russia', targets individuals with in-demand skills and respect for traditional Russian values. Eligible applicants include scientists, entrepreneurs, and creative professionals.

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Dubai’s Burj Al Arab to close for 18-months due to restoration work

Dubai's iconic Burj Al Arab will undergo an 18-month restoration, focusing on interior refurbishment while preserving its original design. Paris-based Tristan Auer will lead the project, aiming to balance heritage preservation with modernization. The luxury hotel, a key player in Dubai's tourism, will close during this significant upgrade.

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Virgin Australia flags higher fuel costs amid the Mideast conflict

Virgin Australia anticipates a significant increase in fuel costs, projecting an additional A$30 million to A$40 million for the latter half of fiscal 2026 due to Middle East conflict-driven price volatility. Despite this, the airline maintains its full-year financial outlook, expecting stronger second-half earnings and improved revenue per available seat kilometre.

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Saudi Arabia imposes heavy fines for illegal Hajj participation ahead of pilgrimage season

Saudi Arabia is implementing stringent rules for the upcoming Hajj season. Unauthorized pilgrims and those assisting them face hefty fines up to SR100,000. Violators will be deported and banned from the Kingdom for a decade. Authorities urge compliance and reporting of any breaches. These measures aim to manage the massive gathering effectively.

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