A look at the headlines in this sector right now:

  1. Nifty closes at an all-time high, Sensex also soars after BJP wins Uttar Pradesh elections: The Sensex surged 496.4 points to end the day at 29,442.63.
  2. India’s wholesale inflation rises to 6.5% in February, highest since November 2013: The surge in the index is on the back of higher prices of fuel, minerals and food prices.
  3. No restrictions on cash withdrawal from banks and ATMs: Till March 12, the weekly withdrawal limit for savings accounts was fixed at Rs 50,000.
  4. Airtel scraps national roaming charges to combat Reliance Jio’s offers: The company also introduced various attractive plans for international roaming.
  5. Amazon emerges top recruiter at IIM-A with 18 job offers: Besides the e-commerce giant, McKinsey & Company and Goldman Sachs hired 15 and nine graduates, respectively.
  6. After Jio and Airtel, Idea Cellular announces free incoming roaming calls: The telecom operator also introduced unlimited incoming calls and 400 minutes of outgoing calls for those travelling abroad.
  7. Facebook tweaks policies to stop developers from using its data for surveillance tools: They will now have to disclose what they plan to do with the information they receive from the social media platform.