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Headlines Trending in India and World: Politics, E-Commerce, Lifestyle, Sports, Health & Entertainment on 11th March 2025
The ‘Biggest’ Stories in World and Indian Headlines – March 11th, 2025
1- Brokerages Lose Faith in IndusInd Bank Due to Financial Inconsistencies
IndusInd Bank is facing the heat with global brokerage companies reducing their target prices in view of financial anomalies and uncertainty around the management. The issue aggravated after the bank reported inconsistencies in its derivatives portfolio, causing a probable 2.35% negative impact on its net value. Reports indicated the probable loss could be around ₹1,500 crore, although the figures are unclear given that an independent review is pending.
Joining the investor worries, the pre-Q3 earnings CFO resignation and the one-year extension to the CEO instead of the typical three have also created red flags. Brokerage firm analysts such as Nuvama Institutional Equities and Kotak Institutional Equities have downgraded the stock due to concerns about credibility. Kotak went so far as to say that IndusInd Bank has “lost credibility,” and it may take several quarters to rebuild investor confidence.
To reduce risks, IndusInd Bank has now stopped all internal derivative transactions, shifting to external transactions with full hedging of foreign currency borrowings. Even with these remedial actions, the bank’s stock has a bumpy road ahead as brokerages flag extended earnings impact and uncertainty over future leadership.
2- Tesla Shares Tumble 15% Amid Growing EV Demand Concerns
Tesla saw its worst trading day in over four years, with its stock plummeting 15% on Monday, extending the ongoing slump of 2025. Investor worries over dwindling demand for electric vehicles (EVs) have triggered widespread pessimism on Wall Street. Despite the sharp decline, CEO Elon Musk remains optimistic, reassuring investors that Tesla’s long-term prospects remain intact.
Market experts, on the other hand, present a bleak outlook. UBS analyst Joseph Spak trimmed Tesla’s Q1 2025 vehicle delivery forecast by 16%, now expecting only 367,000 units. Likewise, Robert W. Baird & Co.’s Ben Kallo lowered delivery expectations, citing demand uncertainties and production glitches pertaining to the Model Y refresh.
Tesla’s woes go beyond production slowdowns. In Germany, registrations dropped by 70% in the first two months of 2025 due to Musk’s political activism, according to reports. In China, Tesla is also facing tough competition from domestic EV leader BYD, with February vehicle shipments from its Shanghai factory falling 49%.
As of now in 2025, Tesla’s shares have lost 45% of their value and are back at November 2024 pre-election levels. Monday’s dramatic plunge has set the stage for a potential short-term meltdown for Tesla, as it tries to find its footing through a challenging worldwide EV market.
3- Recession Fears Shake Wall Street as Nasdaq, S&P 500 Drop to September Lows
The U.S. equity market experienced a dramatic sell-off on Monday, driven by fears of an impending economic slowdown. Market players are at an edge as President Donald Trump’s tariff moves continue to ignite inflation concerns that would complicate the Federal Reserve’s interest rate-cutting intentions.
By mid-day trading, the Dow Jones Industrial Average declined 517 points (1.2%), the S&P 500 decreased 2.3%, and the Nasdaq Composite lost 3.6%, its lowest since September 2024.
The downturn weighed hardest on technology stocks, with Tesla down by 10%, Alphabet losing more than 4%, Meta down by over 4%, and Nvidia falling more than 4%. The selloff rolled over from last week’s weakness, where the S&P 500 posted its worst weekly return since September.
Bank and retail stocks were also impacted, with the shares of big financial institutions like JPMorgan Chase, Citigroup, and Goldman Sachs declining. As fears of recession grew, investors are preparing for more volatility in the coming weeks.
4- X (Twitter) Experiences Global Outage, Thousands Impacted
X, which was previously called Twitter, experienced a massive worldwide outage on Monday, making it impossible for users to post or access their accounts. The outage impacted thousands of users, with more than 18,000 reports in the United States, 10,000 in the United Kingdom, and 2,000 in India, according to Downdetector.
Users trying to log in to the platform received error messages like “Something went wrong, try reloading,” while others experienced login failure entirely. It is reported that 60% of the errors were app-related, 35% were website-related, and 5% were server connection-related.
Major cities like New York, Los Angeles, London, and Birmingham all registered mass outages. The source of the breakdown is yet unknown, but based on the repetition of technical issues since Elon Musk took over, users have vented their displeasure over the platform’s trustworthiness.
5- PM Modi Commences Major Diplomatic Trip to Mauritius
Prime Minister Narendra Modi landed in Mauritius on Tuesday for a two-day visit, during which he will be the Chief Guest at the National Day celebrations of the country. The visit reflects India’s resolve to deepen engagement with Mauritius and expand cooperation in the Indian Ocean region.
During his farewell address, PM Modi reiterated the strong historical and cultural bonds between the two countries, terming Mauritius as a prime maritime security and trade partner. He also reiterated faith in widening bilateral interactions across sectors.
On the visit, several agreements are anticipated to be signed, including economic partnerships, security collaborations, and regional connectivity. With India increasing its strategic leverage in the Indian Ocean, this visit is of high geopolitical importance.
6- Delhi University Modifies Admission Requirements for BA and Science Courses
Delhi University has announced alterations in its admission policy for undergraduate courses from the 2025-26 academic year. The new regulations will give students more flexibility to choose their subject combinations for BA courses.
Under the new pattern, students taking BA courses are now able to select two domain subjects and two languages rather than one language and three domain subjects as was mandatory earlier. For science courses as well, the minimum language score requirement for students with a PCM background has been eliminated.
The reforms are expected to simplify the admission process and make it more convenient for students who apply using the Common University Entrance Test (CUET).
7- VC Abhilash, Filmmaker, Slams ‘Marco’ as Indian Cinema’s Dark Chapter
Malayalam director VC Abhilash has lashed out at the Unni Mukundan-starrer Marco as a “dark chapter in Indian cinema.” In a lengthy Facebook post, Abhilash condemned the film’s high level of violence, especially a scene involving a child and another involving a pregnant woman.
Showing concern about the depiction of violence, he cautioned that the films might invite stricter censorship rules. He also rejected arguments that Marco is an artistic figure only, saying it encourages sadism instead of meaningful storytelling.
The film has attracted heated debate, with viewers being split on whether it will impact the industry. Abhilash called upon both filmmakers and spectators to be more responsible in projecting cinema’s narrative.
8- Shiv Nadar Transfers 47% of HCL Stake to Daughter Roshni Nadar Malhotra
HCL Group’s founder Shiv Nadar has transferred 47% of his holding in HCL Corp and Vama Delhi to his daughter Roshni Nadar Malhotra in a strategic succession. Through the transfer, Malhotra now is the biggest shareholder in HCL Tech and HCL Infosystems.
This action consolidates her position as a leader in the company and places her among India’s richest people, behind only Mukesh Ambani, Gautam Adani, and Savitri Jindal.
9- Sunita Williams Gets Emotional Before ISS Departure
NASA astronaut Sunita Williams got choked up while officially transferring command of the International Space Station to Russian cosmonaut Alexey Ovchinin. Following a record nine-month stay due to technical malfunctions, she will return to Earth along with Barry Wilmore.
Williams thanked her trainers, colleagues, and family members at the farewell ceremony, saying, “We will miss you.” The astronauts will leave for the SpaceX Crew Dragon spacecraft on March 19.
10- Mumbai Indians Register Sustained Victory Over Gujarat Giants in WPL Thriller
Mumbai Indians secured a nail-biting nine-run win against Gujarat Giants in the Women’s Premier League (WPL), their sixth successive win over their opponents. Captain Harmanpreet Kaur set the tone with an important 54-run innings, ably assisted by Nat Sciver-Brunt and Hayley Matthews.
In spite of a late burst by Bharti Fulmali, who contributed an incredible 61 off 25 balls, the Giants missed out. MI moves one step closer to guaranteeing the league leaders’ spot in the points table with this victory, whereas the Giants set their sights for the eliminator on March 13.
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