Will India deport Sheikh Hasina?
and the whole stock market is tumbling
Hello & Happy Monday!
Today’s a triple-shot espresso kind of day because… the stock market’s tumbling, rumors of Sheikh Hasina’s deportation are flying, and somewhere, a finance bro just spilled his protein shake in disbelief.
So, buckle up - Bharat’s mood swings, market meltdowns, and diplomacy drama await.
📌 Quick Updates
India may skip retaliation on Trump’s tariffs and instead focus on a trade deal
Sensex and Nifty plunge over 3%; Reliance and Infosys hit 52-week lows
Saudi Arabia suspends visas for Indians
India to establish nuclear submarine base in Andhra Pradesh
Rahul Gandhi launches 'White T-shirt Movement' in Bihar
📌 Deep Dive
PM Modi rejects claims of supporting Hasina’s extradition During a recent meeting at the BIMSTEC summit in Bangkok, Prime Minister Narendra Modi had a candid exchange with Bangladesh’s interim Chief Advisor, Muhammad Yunus.
PM Modi emphasized that the relationship between India and Bangladesh is rooted in people-to-people ties, not just politics. He underscored how both countries have progressed since 2014 and reminded that free and fair elections are key to democratic legitimacy.
However, the meeting sparked some buzz after Yunus’ Press Secretary, Shafiqul Alam, made a Facebook post claiming PM Modi was open to discussing the extradition of former PM Sheikh Hasina.
Sources from Dhaka and New Delhi were quick to push back, saying the post misrepresented Modi’s tone and intentions.
They called the claims “politically motivated” and “mischievous.”
What is Rahul Gandhi’s 'White T-shirt Movement' in Bihar all about?Congress MP Rahul Gandhi has called on the youth of Bihar to join the White T-Shirt Movement starting Monday, encouraging them to take charge of their future and resist being misled.
In a heartfelt video message shared on social media, Gandhi announced his visit to Begusarai on April 7, as part of the ‘Stop Migration, Give Jobs Yatra’, aiming to spotlight the real struggles and aspirations of Bihar’s youth.
He emphasized that this movement is about more than just protests. It’s about rewriting Bihar’s narrative by tackling key issues like unemployment, rising prices, privatisation, and exam paper leaks.
“Walk with me. Raise your voice. Show your strength,” he urged, encouraging youth to spread the message and take ownership of their destiny.
Why an Indigo flight had to make an emergency landing today?An IndiGo flight from Mumbai to Varanasi had to make an emergency landing at Chhatrapati Sambhajinagar (formerly Aurangabad) after an elderly passenger passed away mid-air.
The incident took place on Sunday night, when 89-year-old Sushila Devi, a resident of Mirzapur in Uttar Pradesh, began to feel unwell during the flight.
Sensing a medical emergency, the crew decided to divert the flight and landed at Chikalthana Airport around 10 PM. A medical team was already on standby, but unfortunately, Sushila Devi was declared dead upon arrival.
Airport officials said the local police from MIDC CIDCO police station handled the necessary formalities, and the woman’s body was then sent to the Government Medical College and Hospital in Chhatrapati Sambhajinagar.
₹40 lakh worth of Bihar Clock tower stops working day after inaugurationBuilt under the Smart City project at a cost of ₹40 lakh, the tower stopped working just a day after it was unveiled during the chief minister’s Pragati Yatra.
According to reports, the clock was made operational in a rush for the event, but thieves broke in the next day and stole the copper wiring, leaving it non-functional.
But it’s not just the technical failure that's got people talking. The tower’s plain and unfinished look sparked widespread mockery online.
While some users laughed at its dull design, others were more critical, calling out the “shoddy paint job” and questioning how ₹40 lakh could be spent on something so underwhelming.
“This shabbily painted, poorly finished, concrete clock tower in Bihar Sharif, built under 'Smart City' project, had its clock stop working within 24 hours,” one user posted on X, sarcastically applauding the “architectural marvel.”
📌 Market Updates
It’s a black Monday on the Dalal StreetBoth the Sensex and Nifty 50 are deep in the red, with every single stock on the index losing ground. Tata Motors and Tata Steel are leading the slide, and sector-wise? It’s a complete wipeout.
So, what triggered this?
It all started with Donald Trump slapping retaliatory tariffs on over 180 countries, setting off a new round of global trade wars. The fear of a U.S. recession and economic slowdown has investors worldwide in panic mode.
Global Markets? Also a mess.
Japan’s Nikkei fell 7.8%
South Korea dropped 5%
European markets hit 16-month lows
Nasdaq and S&P 500 futures are tanking
What should you do as an investor? Experts say:
Don’t panic sell
Stick to your SIPs
Avoid lump-sum investing for now
Focus on long-term, quality picks
Keep an eye on RBI’s policy update this week
Despite some companies like Rajoo Engineers and Kalyan Jewellers reporting strong performance, it’s not enough to lift the overall sentiment.
So, that’s it for today. If you enjoyed this edition, subscribe to hear from us every day!
See ya 👋
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