Market correction opens ‘tremendous opportunity’ for FPIs: SEBI WTM

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Kamlesh Chandra Varshney, Whole Time member Securities and Exchange Board of India (SEBI)

Kamlesh Chandra Varshney, Whole Time member Securities and Exchange Board of India (SEBI) | Photo Credit: DEBASISH BHADURI

Recent corrections in Indian equities amid geopolitical tensions have made valuations “quite attractive,” creating a “tremendous opportunity” for foreign portfolio investors (FPIs) to increase allocations, said Kamlesh Chandra Varshney, whole-time member, Securities and Exchange Board of India (SEBI).

“There is a tremendous opportunity to invest in Indian equity markets with the kind of correction which has taken place now in the last few months, particularly after the war that has broken out,” Varshney said at a Russia-India forum on capital market integration at the National Stock Exchange (NSE).

His comments come even as FPIs have remained net sellers so far in FY26, with over ₹77,000 crore of outflows reported in the first half of March amid global volatility linked to the West Asia conflict.

Varshney said the regulator would work with stakeholders to ease procedural and technical bottlenecks for Russian investors and may consider setting up dedicated working groups to address specific requirements.

He also encouraged Russian companies to tap Indian markets through local listings. “We have seen some companies who have done that and their subsidiary’s valuation in India is more than the valuation of their parent company overseas,” he said, highlighting the potential for better valuation outcomes.

At present, 23 Russian entities, including banks and financial institutions, are registered as FPIs in India, with access to both equity and debt markets.

Ashishkumar Chauhan, Managing Director and CEO, NSE, said India offers a broader proposition for global issuers. “For Russian issuers, the proposition is broader still, because India’s markets can offer not only access to capital, but also the possibility of stronger valuation outcomes. India’s capital markets are not only financing growth at home, but are also becoming an increasingly important channel for long-term international economic engagement,” he said.

Chauhan added that the India-Russia financial partnership needs to translate into a more practical market architecture.

At the same event, Sergey Glazyev, State Secretary of the Union State of Russia and Belarus, called for a shift in the global financial system. “We should create a new financial architecture which is based on national currency and international transparency and trust to each other,” he said.

Sriram Krishnan, Chief Business Development Officer, NSE, said Russian firms could also explore fundraising through listings at GIFT City, Gujarat and consider setting up banking presence in the international financial services hub.

Separately, Varshney said SEBI is working with market participants on technology-led solutions to ease access and reduce the cost of doing business, widening participation in the securities market ecosystem.

Published on March 19, 2026

Hegseth says no ‘timeframe’ for war on Iran as Pentagon asks for $200bn | US-Israel war on Iran News

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Defense Secretary Pete Hegseth hints war funding may change, leaving timeline decisions to President Trump.

The Pentagon is seeking an additional $200bn from Congress to fund the United States-Israel war with Iran, a conflict Defense Secretary Pete Hegseth warns has no “timeframe” for ending.

Asked about the figure on Thursday, Hegseth did not directly confirm the amount but said that it could change.

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“As far as $200bn, I think that number could move. Obviously, it takes money to kill bad guys,” Hegseth said. “We’re going back to Congress and folks there to ensure that we’re properly funded for what’s been done, for what we may have to do in the future.”

The Associated Press and Washington Post reported that the US Department of Defense had requested the sum from the White House.

It’s an extraordinarily high number and comes on top of extra funding the Defense Department already received last year as part of President Donald Trump’s July tax-cuts bill. Such a request would need to be approved by Congress, and it is not at all clear that such spending would have political support.

Congress has been bracing for a new spending request, but it is not yet clear whether the White House has transmitted the proposal for a war that Hegseth declined to provide a timeline for ending.

“We wouldn’t want to set a definitive timeframe,” Hegseth told a news conference, adding that “we’re very much on track” and that Trump will be the one to decide when to stop.

“It will be at the president’s choosing, ultimately, where we say, ‘Hey, we’ve achieved what we need to.’”

Congress, however, has not authorised the war and is showing growing unease with the military operation’s scope and strategy.

Congress is controlled by the president’s Republican Party, but many of the more conservative lawmakers are also fiscal hawks, with little political appetite for big spending, on military operations or other matters. Most Democrats are likely to reject such a request and demand more detailed plans for military strategy and goals.

The requested amount would be a sizable boost to the Pentagon’s annual budget, which Congress approved at more than $800bn for the current fiscal year.

That is on top of some $150bn that Congress gave the Defense Department in last year’s tax-cuts bill, much of it for specific projects and overall upgrades to the Pentagon’s operations.

While some of the military’s biggest champions on Capitol Hill have welcomed new spending as a way to upgrade the US defence capabilities in the face of emerging threats, others will certainly point to healthcare and other domestic needs that they view as more important priorities.

Top US military officer General Dan Caine, who spoke alongside Hegseth, provided details on weapons being used against Iran and its allied forces in the region.

Caine said A-10 Warthogs – a type of aircraft designed for providing close air support – are “hunting and killing fast-attack watercraft” in the Strait of Hormuz waterway, a key trade artery which Iran effectively closed to maritime traffic following the start of the war.

He also said AH-64 Apaches are being used in Iraq to target Iran-aligned militia groups there, and that some US allies have begun using the attack helicopters to counter one-way drones launched by Tehran’s forces.



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US military taking aim at ‘Iranian-aligned militia groups’ in Iraq, Caine says

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Chairman of the Joint Chiefs of Staff Gen. Dan Caine said the U.S. military is striking “Iranian-aligned militia groups” in Iraq as Secretary of War Pete Hegseth vowed Thursday to “honor” the sacrifice of six U.S. service members killed in a plane crash there last week. 

President Donald Trump, Hegseth and Caine on Wednesday attended the dignified transfer of the six fallen soldiers at Dover Air Force Base in Delaware. The Pentagon said last week that the U.S. forces were killed when a KC-135 refueling aircraft crashed in western Iraq during a combat mission in support of Operation Epic Fury. 

Caine said Thursday that in Iraq, AH-64 helicopters “have been striking against Iranian-aligned militia groups to make sure that we suppress any threat in Iraq against U.S. forces or U.S. interests.” 

“And we remain focused on pursuit of any platform that Iran could field to harm Americans or our partners,” he added.

TRUMP THREATENS KEY IRANIAN GAS FIELD AFTER ISRAELI STRIKE

Pete Hegseth and Dan Caine

Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff Gen. Dan Caine speak during a news conference at the Pentagon in Washington, D.C., on Thursday, March 19, 2026.  (Mandel Ngan/AFP via Getty Images)

Reflecting on the fallen U.S. service members, Hegseth said, “Yesterday at Dover Air Force Base, President Trump, the chairman, and I stood in solemn silence as heroes came home.” 

“Flag-draped caskets. We honored them. We grieved with their families, and we listened. What I heard through tears, through hugs, through strength and through unbreakable resolve was the same from family after family. They said, ‘finish this. Honor their sacrifice. Do not waver. Do not stop until the job is done.’ My response, along with that of the president, was simple — of course, we will finish this. We will honor their sacrifice,” Hegseth said. 

“Yesterday’s ceremony reminded us why we fight. Not for nation building or democracy promotion, but to crush direct threats to America, Americans, and our interests. We fight to win, and we are winning, on our terms, following our objectives,” he continued.

12 ARAB AND ISLAMIC COUNTRIES UNITE TO CONDEMN ‘HEINOUS’ IRANIAN ATTACKS

Secretary of War Pete Hegseth salutes at Dover Air Force Base

Secretary of War Pete Hegseth salutes, as he and President Donald Trump arrive at Dover Air Force Base in Dover, Delaware, on Wednesday, March 18, 2026.  (Kylie Cooper/Reuters)

“My 13-year-old son popped into my office last night while I was editing these remarks. He asked about the war and the families I met at Dover, and I looked at him and I said, ‘They died for you, son, so that your generation doesn’t have to deal with a nuclear Iran’,” Hegseth also said. “It’s the truth. And they did. So to the families who said, ‘finish this,’ we will. And I say the same to every American who wants peace through strength. May Almighty God continue to bless our troops in this fight. And again to the American people, please pray for them, every day, on bended knee, with your family, in your schools, in your churches, in the name of Jesus Christ. To the troops, keep going and Godspeed.” 

Those killed were Maj. John “Alex” Klinner, 33; Maj. Ariana Savino, 31; Tech. Sgt. Ashley Pruitt, 34; Capt. Seth Koval, 38; Capt. Curtis Angst, 30; and Master. Sgt. Tyler Simmons, 28.

kc-135 refueling tanker

A U.S. Air Force KC-135 Stratotanker refueling tanker aircraft takes off from the Kadena Air Base, west of Okinawa, southern Japan, in August 2023. (Hiro Komae/AP)

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Caine said at the Pentagon Thursday that, “Our nation will never forget their sacrifice, and we will never forget their names,” and, “Our entire joint force mourns with you today.” 

Fox News Digital’s Bradford Betz contributed to this report. 



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Latest Vivaldi release tucks its UI away until summoned • The Register

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Browser maker Vivaldi has opened up a new front in the browser wars by making itself disappear.

Vivaldi browser showing content without window cruft

Vivaldi browser showing content without window cruft

It’s a simple concept – hit the auto-hide icon (or use the keyboard shortcut) and all the browser fluff disappears. Move the mouse pointer to the edges of the window, and it comes back. It’s rather like the Windows function that automatically hides the taskbar, which frees a little screen real estate until the cursor makes the taskbar slither back into view.

Full-screen browsing is frequently used to hide the more prosaic origins of kiosk applications, but Vivaldi’s approach makes the process more suited to desktop users. A spokesperson told The Register: “It works in both full screen and restored/normal window.” There’s also a setting to limit the feature to full-screen mode – another checkbox in Vivaldi’s ever-expanding settings arsenal.

The spokesperson told us: “This feature has been developed to give our users maximum real estate for control, without losing the controls they would like to have available.”

There are obviously some security implications, not least the fact that the URL is completely hidden, which means that it might not always be clear which website is loaded. Not all of the expected bits disappear either. Scrollbars, for example, depend on the site being viewed.

It’s certainly a neat feature and the most notable of the 7.9 release, yet it won’t be to everybody’s taste. Then again, like the rest of the browser’s options, it doesn’t have to be used and isn’t pushed into the user’s face.

Vivaldi said: “As always, we’re shipping with No AI. No tracking. No BS. Just the web, edge to edge. Or Vivaldi to Vivaldi.” We see what you did there.

The release also includes a new option, “Open Link as Tiled Follower Tab,” which opens a tiled page alongside the current tab. Any further links open in the follower tab. There’s also the ability to open the mail composer in its own window, along with several other email tweaks.

Vivaldi uses the Chromium rendering engine, but what surrounds it is up to the Norway and Iceland-based company. Rather than force AI onto users or collect customer data for commercial purposes, Vivaldi – which claims four million users – is focusing on features aimed at improving the browsing experience. Those who don’t want them can simply ignore them. ®



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Death toll surpasses 1,000 in Lebanon as Israeli bombardment continues | Israel attacks Lebanon News

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At least 40 medical workers among those killed as rights groups urge Israel to end attacks on Lebanon health facilities.

More than 1,000 people have been killed in intensified Israeli attacks across Lebanon this month, according to local authorities, as the United Nations and other rights groups say Israel’s bombardment of the country may amount to war crimes.

The Lebanese Ministry of Health said on Thursday that Israeli attacks have killed 1,001 people in Lebanon since March 2, including 79 women, 118 children and 40 healthcare workers. More than 2,584 people have been wounded.

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Israeli attacks on Lebanon intensified in early March after Lebanese armed group Hezbollah launched rockets into northern Israel in response to the killing of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28, the first day of the US-Israeli war on Iran.

The Israeli bombardment has forced more than one million people out of their homes across the country’s south and several parts of the capital, Beirut.

Israel’s military has bombed residential buildings and other infrastructure, and launched a widening ground operation in southern Lebanon, in a campaign that it says is targeting Hezbollah.

The Lebanese armed group has responded by firing barrages of rockets into northern Israel and engaging Israeli forces on the ground in the south.

Earlier this week, a spokesperson for UN human rights chief Volker Turk said some of the Israeli attacks may amount to war crimes.

“International humanitarian law demands distinction between military targets and civilians and civilian objects and insists on feasible precautions being taken to protect civilians. Deliberately attacking civilians or civilian objects amounts to a war crime,” the spokesperson said.

That message was echoed on Thursday by Amnesty International, which urged Israel to halt its attacks on Lebanese healthcare workers and facilities.

“Healthcare workers are risking their lives to save others, and hospitals, other medical facilities and ambulances are specifically protected under international humanitarian law,” said Kristine Beckerle, the rights group’s deputy regional director for the Middle East and North Africa.

Beckerle also noted that Israel’s claim, without evidence, that Hezbollah has been using ambulances for military purposes “does not justify treating hospitals, medical facilities or medical transport as battlefields or treating doctors and paramedics as targets”.

“Deliberately striking medics performing their humanitarian functions is a serious violation of international humanitarian law and could constitute a war crime,” she said in a statement.



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Teenage boy dies after blaze in flat next to Old Kent Road Fire Station in London | UK News

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A teenage boy has died after a flat fire in south London, that broke out next to a fire station.

Four fire engines and around 25 personnel tackled the blaze on the first floor of a six-storey building in Cooper’s Road, Southwark, on Wednesday.

One teenage boy made it out of the property before firefighters arrived and was taken to hospital, while another died at the scene, London Fire Brigade (LFB) said.

The fire broke out next to Old Kent Road Fire Station, with the first call received just before 3pm.

Crews from Dockhead, Dowgate, Shadwell and Whitechapel fire stations went to the scene and the blaze was under control just after 4.30pm.

A 64-metre turntable ladder appliance from Old Kent Road Fire Station was on the scene within six minutes of the call, an LFB spokesperson said.

The spokesperson added: “Another appliance from Old Kent Road was out at a different incident but did return to the scene of the incident later.”

The cause Is being investigated by the LFB and Metropolitan Police.



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America’s big action, visa ban made mandatory for 50 countries, India-Pakistan also included in the list?

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America has made visa bond mandatory for 50 countries, which will come into effect from April 2, 2026. The US State Department said on Wednesday (18 March 2026) that citizens will have to deposit a bond of $ 15,000 before getting B1 (Business) and B2 (Tourist) visas. This bond will be returned to those visa holders who comply with the visa conditions and return from the US on time or do not travel at all.

Why did the Trump administration take this step?

The purpose of this step of the Trump administration is to reduce illegal visa overstay. According to American officials, so far visas have been issued to about a thousand foreigners under this program, out of which 97 percent returned to their country on time. On the contrary, in the last year of the previous government, more than 44 thousand people from 50 countries covered under this scheme stayed in America longer than the visa period.

Names of these countries were added

If the person returns to his country on time following the visa conditions, this money will be returned. From April 2, 12 new countries, Cambodia, Ethiopia, Georgia, Grenada, Lesotho, Mauritius, Mongolia, Mozambique, Nicaragua, Papua New Guinea, Seychelles and Tunisia, will be included under this policy. These countries will join the 38 countries on which this rule is already applicable, such as Algeria, Angola, Bangladesh, Bhutan, Nepal, Nigeria, Senegal, Tanzania, Uganda, Zambia, Zimbabwe etc. The names of India and Pakistan are not included in this list.

The US State Department said that this program can be extended to more countries in the future on the basis of ‘immigration risk factors’, that is, new countries can be added on the basis of overstay data and compliance with the rules. The Trump administration also described this policy as economically beneficial. According to him, it costs an average of 18 thousand dollars to expel a person living illegally in America from the country.

America is saving crores due to new rule

Through this program, American taxpayers are being saved approximately $800 million per year by reducing overstays. This visa bond rule specifically applies to short-term visas like B1 (Business) and B2 (Tourism). This bond acts as a financial guarantee so that the people adhere to the conditions of the visa. B1 and B2 visas are the most commonly issued non-immigrant visas, used for business, tourism, and family visits.

LAPD union calls for probe into Marqueece Harris-Dawson over traffic stop

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First on Fox: A Los Angeles police union is calling for an investigation into City Council President Marqueece Harris-Dawson for allegedly calling a school board member in an attempt to get out of a citation after he was stopped earlier this month while driving in a school zone.

Harris-Dawson claimed he was the victim of possible racial profiling when he was stopped on March 4 by a Los Angeles School police officer while on his way to a committee meeting in a government vehicle. 

He was pulled over for making a U-turn in a school zone. 

TEXAS JUDGE WHO PLAYED VICTIM CARD BOOTED FROM RODEO GROUNDS A SECOND TIME FOLLOWING VIP SEATING DISPUTE

Los Angeles City Council president Marqueece Harris-Dawson

Los Angeles City Council President Marqueece Harris-Dawson speaks during a press conference at the Edward R. Roybal Learning Center in Los Angeles. Harris-Dawson said he was stopped for a traffic violation on March 4, calling it a “traumatic” experience. (Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images)

The councilman was issued a $238 citation for a moving violation, the California Post initially reported. 

Citing news reports that Harris-Dawson called a Los Angeles Unified School District boss during the traffic stop, the Los Angeles Police Protective League (LAPPL) is asking City Attorney Hydee Feldstein Soto to look into whether he used his position to avoid accountability for the alleged moving violation near a high school during morning drop off time.

“If this is true, the public deserves to know which school board member Mr. Harris-Dawson called, what was said on this phone call and if the officers involved were contacted by the school board member,” the LAPPL, which represents rank and file officers within the Los Angeles Police Department (LAPD), wrote in separate letters obtained by Fox News Digital to Feldstein Soto and Los Angeles County District Attorney Nathan Hochman. 

“We urge your office to conduct a thorough and transparent investigation to determine whether or not Los Angeles City Council President Marqueece Harris-Dawson violated the law and the public trust with his action,” both letters said. 

LAPPL President Ricky Mendoza said it would be “unethical and potentially illegal” for a city leader to use their position of power to attempt to “avoid accountability for their reckless driving in a school zone.”

DEM LAWMAKER DISPUTES POLICE BODYCAM AMID REPORTS HE SAID HE WAS ABOVE THE LAW: ‘ON TOP’ OR ‘ON TIME’

 Los Angeles School Police officers

An intensified police presence from the Los Angeles School Police keeps watch over a lunchtime crowd at Jefferson High School in response to recent racially motivated fighting that took place on the campus. (Getty Images)

“We urge the DA and City Attorney to hold this very powerful elected official accountable if in fact he violated the law,” he said. 

During a recent council meeting, Harris-Dawson, who is Black, described the experience as traumatic “as it was when I was 16.”

“In Los Angeles, every single time data is collected on pretextual traffic stops, they are grossly racially biased,” he said.

He said that he’d been stopped four times while driving a government-issued vehicle. 

“The first question was, roll down your windows. The second question was, how do you have this vehicle? The third question was, well, you work for the city. What job do you do for the city?” Harris-Dawson told his colleagues

“In fact, I’m the president of the council,” he added. “I had to explain this on the corner of Main and 25th Street, while I was trying to get to the committee just two days ago.”

Council President Marqueece Harris-Dawson

Rachel Brashier, left, aide to Council President Marqueece Harris-Dawson, right, listen to public comment at Los Angeles City Hall in Los Angeles in May 2025. (Allen J. Schaben / Los Angeles Times via Getty Images)

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Fox News Digital reached out to Harris-Dawson’s office, as well as the offices of Feldstein Soto and the district attorney, but did not immediately receive a response Wednesday night. 



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Hegseth insists US is meeting Iran war objectives | Oil and Gas

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US Defense Secretary Pete Hegseth insisted Washington is meeting its objectives against Iran despite escalating attacks on Gulf energy facilities. Iran struck Qatar’s Ras Laffan gas facility and energy sites in the UAE and Saudi Arabia, driving oil above $100 a barrel.



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