Business
Stake of local institutions in Indian cos hits new high
The stake of overseas investors in Indian firms, meanwhile, declined to 16.6% – the lowest in 14 years, according to a study based on Prime Database data.
The “sticky inflow” through systematic investment plans and from wealthy individuals and retail investors, along with pension funds increasing exposure to equities, tilted the ownership structure to local institutions, said Rupen Rajguru, head of Equity Investment and Strategy at Julius Baer India.
Agencies Steady SIP Flows
Mutual fund (MF) holding increased to 11.1%, the highest on record, in the October-December period, the tenth consecutive quarter when it rose.
The gap between MF and foreign institutional investor (FII) holdings shrank to 5.5 percentage points (550 basis points) from 10.5 percentage points as of December 2022. “The balance of ownership in Indian equities is gradually tilting inward as MFs alone seem set to overtake FIIs,” said Prime Database managing director Pranav Haldea.
Mutual funds poured in Rs 1.06 lakh crore in the December quarter on a net basis, while global investors liquidated Rs 11,765 crore combined in the primary and secondary markets.
While flows from MFs have been the highest among domestic institutions, insurance companies with a net buying of Rs 21,490 crore, alternative investment funds (Rs 367 crore) and portfolio management services (Rs 1,205 crore) also played their part, said Haldea.
Despite zero returns in the last 16 months, SIP flows from mutual funds remained steady and strong, Rajguru said.
Foreign investors sold stocks worth over Rs 42,000 crore between October and December in 2025, after dumping Rs 1.02 lakh crore between July and September.
Analysts said uncertainty of the US-India trade deal, which also weakened the rupee, had soured foreign investor sentiment on India.
Business
Chris Hemsworth Embraces Life Down Under, Teases More Thor Adventures and Stars in Thriller ‘Crime 101’
Chris Hemsworth, the Australian actor who built a global empire as Marvel’s hammer-wielding Thor, is charting a more grounded path in 2026, trading Hollywood’s glare for family life in Australia while keeping one foot firmly in blockbuster territory.

The 42-year-old star recently called his decision to leave Los Angeles and raise his family back home “the greatest decision” he ever made, citing relentless paparazzi and the emptiness of a city where “nothing was shooting” during certain stretches of his career. Speaking on the “SmartLess” podcast while promoting his latest film, Hemsworth described how he and wife Elsa Pataky relocated after five years of marriage to escape the trappings of fame and give their three children a more normal upbringing.
“You’d come home to paparazzi,” Hemsworth recalled of his time in L.A. The move to Australia, he said, allowed him to travel for shoots without the constant intrusion, preserving both his sanity and his career momentum. The comments come as Hemsworth continues to balance high-profile projects with a deliberate focus on family and personal health.
Hemsworth and Pataky rang in the new year on a yacht in Sydney Harbour alongside his brother Liam Hemsworth and Liam’s fiancée Gabriella Brooks, sharing glimpses of a tight-knit family celebrating together. The low-key yet glamorous gathering reflected the actor’s preference for meaningful moments over red-carpet excess.
Professionally, 2026 has already delivered a major win with “Crime 101,” a star-studded heist thriller released in February that critics have hailed as “the first great movie of the year.” Hemsworth stars as an elusive jewel thief operating along Los Angeles’ 101 freeway, going against type in a more introverted, calculated role opposite Mark Ruffalo, Barry Keoghan and Halle Berry. Early reactions compared the film favorably to classics like “Heat” and “Collateral,” praising its tense pacing and strong ensemble performances. Hemsworth also served as a producer on the project.
The film’s success marks a strong start to the year for the actor, who continues to diversify beyond the Marvel Cinematic Universe while remaining one of its cornerstones.
On the superhero front, Hemsworth has confirmed he will reprise Thor in “Avengers: Doomsday,” set for release on Dec. 18, 2026, and has teased plans for the character beyond that tentpole. Appearing again on “SmartLess,” he revealed conversations with Marvel chief Kevin Feige about future appearances, saying he expects to play the God of Thunder “a couple more times.”
“I was talking to Kevin Feige about it, and he said it’s cool because the audience now expects dramatic turns with the character,” Hemsworth shared. “And whatever we do next — we’ve got some ideas to do something pretty unique again and hopefully be different.” The comments have fueled speculation about potential solo Thor projects or further evolution of the character, who has grown from a brash Asgardian to a more nuanced, comedic and dramatic figure across multiple films.
Hemsworth’s long association with the MCU, spanning 15 years by the time “Doomsday” arrives, shows no immediate signs of ending, even as he navigates personal reflections on vulnerability and legacy.
The actor has been candid about his genetic predisposition to Alzheimer’s disease, revealed during filming of the National Geographic series “Limitless.” Carrying two copies of the APOE4 gene significantly elevates his risk. In a recent interview with The Guardian, Hemsworth admitted initial worry that sharing his story might cause fans to “no longer believe” in him as an action star or Marvel hero.
“I wondered if I was letting people too far in,” he said. That openness extended to a deeply personal documentary, “A Road Trip to Remember,” in which Hemsworth and his father, Craig, who lives with Alzheimer’s, embark on a motorcycle journey across Australia to create lasting memories. The project highlights reminiscence therapy and family connection as tools for coping with the disease.
Hemsworth has made lifestyle adjustments in response, emphasizing physical and mental fitness, intermittent fasting and time with loved ones. He has spoken about how the diagnosis prompted him to prioritize presence over constant work, a shift that aligns with his move back to Australia.
Looking ahead, production on “Extraction 3” — the next installment in his popular Netflix action franchise — is slated to begin in June 2026, with filming running through October. The sequel will bring Tyler Rake’s story to Australia, with principal photography based in Sydney. The update comes nearly three years after the second film’s release, building anticipation for more of Hemsworth’s signature high-octane sequences shot closer to home.
Fans have also seen renewed interest in Hemsworth’s earlier work, with “Men in Black: International” — his 2019 team-up with Tessa Thompson — becoming available on Starz in January 2026.
Despite his global stardom, Hemsworth maintains a down-to-earth persona that resonates with audiences. His Centr fitness app and wellness brand continue to thrive, reflecting his commitment to health that now carries added personal significance. Industry observers note that his ability to blend blockbuster appeal with authentic vulnerability has only strengthened his standing in Hollywood.
The actor’s brothers, Liam and Luke Hemsworth, also remain active in entertainment, contributing to a family dynasty that has left its mark on screens worldwide. Chris has occasionally reflected on the unique dynamic of growing up in Australia and breaking into the industry together.
As awards season conversations continue and summer blockbuster planning ramps up, Hemsworth finds himself at an enviable crossroads: established icon with room for evolution. His upcoming slate suggests a mix of franchise obligations and passion projects, all while centering family in Byron Bay.
In interviews, Hemsworth has emphasized gratitude for his journey and a desire to make choices that serve both his career and his well-being. The move out of Los Angeles, he maintains, was not a retreat but a strategic realignment that has sustained his longevity in a demanding industry.
“Home is like a holiday,” he has said, underscoring the restorative power of returning to his roots.
With “Avengers: Doomsday” on the horizon and “Extraction 3” gearing up, 2026 promises to be another busy year for the star. Yet those closest to him say the real measure of success lies in the quiet moments — family gatherings, coastal life and the deliberate steps taken to protect his health and legacy.
As Marvel’s cinematic universe expands to incorporate new teams and threats, Hemsworth’s Thor remains a fan favorite whose future adventures could surprise even longtime viewers. Meanwhile, his willingness to discuss Alzheimer’s awareness has drawn praise from health advocates, turning personal challenge into public conversation.
Hemsworth’s story in 2026 is one of balance: wielding mythic power on screen while embracing ordinary joys off it. Whether swinging Mjolnir once more or stealing hearts in a gritty heist, the Australian export continues to prove that staying grounded can coexist with reaching new heights.
For fans tracking his every move, the message is clear — expect more Thor, more action and more of the thoughtful reflection that has defined his recent chapter. As Hemsworth himself might say with a trademark grin: the adventure is far from over.
Business
Gout Gout Seeks Redemption in 200m Showdown Against Lachlan Kennedy at Maurie Plant Meet in Melbourne
MELBOURNE, Australia — Australian sprint sensation Gout Gout headlines one of the most anticipated domestic clashes of the 2026 athletics season Saturday night, racing rival Lachlan Kennedy in the men’s 200 meters at the Maurie Plant Meet, the opening World Athletics Continental Tour Gold event of the year.

The 18-year-old prodigy from Queensland arrives at Lakeside Stadium confident and healthy after battling illness at the recent state championships, declaring himself “ready to rock and roll” as he seeks revenge for last year’s narrow loss to Kennedy in the same Peter Norman Memorial 200m race.
Gout, widely regarded as one of the fastest teenagers in history and Australia’s brightest track prospect since Cathy Freeman, will line up against fellow Queenslander Kennedy — the defending champion who edged him in a thriller in 2025 — and Ireland’s Benjamin Richardson, a sub-20-second performer adding international spice to the marquee event. The race is scheduled for 9:21 p.m. AEDT.
Fresh off a dominant performance at the Queensland Athletics Championships earlier in March, where he claimed the open-age 200m title in 20.42 seconds despite a headwind and lingering sinus issues, Gout enters the meet as the clear favorite in the half-lap event he now calls his primary focus. He also won the under-20 100m title at the state meet, clocking 10.20 seconds (+1.5 wind) after shaking off a head cold that left him bed-ridden the previous day.
The teenager, who turned professional full-time after finishing Year 12 at Ipswich Grammar School late last year, has embraced the transition to elite-level training under coach Di Sheppard. Speaking to a swarm of media at Lakeside Stadium earlier this week, Gout appeared relaxed and stylish in his sponsor’s tracksuit, complete with earrings and chains, while expressing growing confidence.
“Confidence comes with experience,” he said, adding that the friendly but fierce rivalry with Kennedy has been “amazing” for pushing both athletes. “I’m the 200m specialist, so I’m just focusing on my 200 right now.”
Gout’s rapid rise has captivated Australia and drawn global attention. Born Dec. 29, 2007, the South Sudanese-Australian sprinter first exploded onto the scene in December 2024 when, at age 16, he shattered the long-standing Australian 200m record of 20.06 seconds set by Olympic silver medalist Peter Norman in 1968. His 20.04-second clocking at the Australian All Schools Championships not only broke that 56-year-old mark but established a world age best for under-17 athletes.
In February 2026, Gout opened his senior campaign in stunning fashion, equaling the fastest legal 100m time ever recorded by an Australian on home soil with a 10.00-second effort (+0.9 wind) at the Dane Bird-Smith Shield Meet in Brisbane. The performance demolished the previous Australian under-20 record and positioned him as the third-fastest Australian man in history over the distance, behind only Patrick Johnson and Rohan Browning.
That run also secured his first qualifying standard for the 2026 World Athletics Under-20 Championships in Eugene, Oregon, in August — the meet Gout has prioritized above all else this year. In a bold scheduling decision announced in February, he opted out of the 2026 Commonwealth Games in Glasgow to focus on claiming gold at the juniors, where he hopes to emulate Usain Bolt’s success as a teenager.
Gout’s 200m personal best stands at 20.02 seconds, making him the Australian record holder and one of the quickest half-lap runners of his generation worldwide. His progression has been meteoric: from 23.43 seconds as a 12-year-old to consistently dipping under 20.5 seconds while still a schoolboy.
The Maurie Plant Meet carries special significance as it honors Australian athletics administrator Maurie Plant and features the Peter Norman Memorial 200m, paying tribute to the 1968 Olympic silver medalist and human rights advocate. Last year’s edition saw Kennedy triumph in 20.26 seconds, with Gout close behind in what many described as an epic domestic battle.
Kennedy, a seasoned campaigner, set a new meet record in the 100m earlier Saturday evening with 10.03 seconds, signaling strong form heading into the 200m showdown. Richardson adds danger, having previously broken the 20-second barrier.
Gout has trained with Olympic 100m champion Noah Lyles in Florida during the off-season and plans a selective European campaign, including potential Diamond League appearances and the Ostrava Golden Spike meet in June. His manager and coach have carefully mapped a schedule designed to peak for the world juniors while building experience against senior competition.
Beyond raw speed, Gout’s appeal lies in his charisma and grounded personality. Viral clips of his races routinely rack up millions of views, with one 15-month-old heat performance recirculating widely on social media in recent days. Fans and pundits alike have drawn comparisons to Bolt, though Gout remains focused on his own path.
“I’m all clear, all healthy,” he told reporters Thursday, brushing off the sinus troubles that hampered his Queensland campaign. “I’m ready to rock and roll on Saturday.”
The Maurie Plant Meet marks the start of 12 Continental Tour Gold events in 2026, offering valuable ranking points and international exposure. Other Australian stars expected to shine include high jumper Nicola Olyslagers, pole vaulter Nina Kennedy and middle-distance runner Cameron Myers.
Australian Athletics officials have hailed Gout as a generational talent whose success could inspire a new wave of young sprinters, particularly from diverse backgrounds. His story — from a talented schoolboy to full-time professional chasing global glory — embodies the potential of the domestic talent pathway.
As evening falls on Lakeside Stadium, anticipation builds for what could be another chapter in one of Australian track’s most compelling rivalries. A victory for Gout would not only deliver redemption but also send a strong signal ahead of his international season.
Whether he dips under 20 seconds again or simply edges Kennedy in a photo finish, the teenage star’s presence ensures the meet will draw a capacity crowd and national television audience. For Gout Gout, Saturday night represents another step on the journey from schoolboy prodigy to senior superstar.
Fans can follow live results via Athletics Australia and World Athletics platforms. With the world under-20 championships on the horizon and whispers of future Olympic contention, the spotlight on Australia’s fastest teenager shows no signs of dimming.
The evening also underscores the depth of Australian sprinting, with multiple athletes capable of world-class performances on home soil. Yet all eyes remain fixed on Gout — the young man with the explosive start, powerful finish and unshakable belief that bigger things lie ahead.
As he prepares to toe the line once more, Gout Gout carries the hopes of a nation eager to see how far the teenager can fly in 2026 and beyond.
Business
F&O Talk | Sudeep Shah on why cash market trades better versus derivatives, for now. Strategy on HEG, IDBI, 4 more stocks
With just one more session to go in March, Nifty so far has plunged over 9% this month
Fear index India VIX settled at 26.80 on the NSE in the last session, up by 8.77%.
Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty and Bank Nifty, as well as an index strategy for the upcoming week. The following are the edited excerpts from his chat:
Q: The Israel-Iran war flipped the overall script in March which is seasonally a strong month as Nifty is down nearly 9%. Based on the F&O rollover data, what is your expectation for April?
Since the onset of the US–Iran war–led sell-off, one recurring pattern has consistently emerged in the markets. Short-lived pullbacks lasting 2–3 trading sessions have repeatedly been followed by sharp gap-down openings. Each of these brief rebounds has lured traders into a false sense of recovery, triggering FOMO-driven participation under the assumption that the worst is over. However, these pullbacks have consistently failed to sustain, and the optimism has quickly given way to fresh rounds of aggressive selling, often materializing as large gap-downs over the subsequent 2–3 trading sessions, making one question whether the next bounce is an opportunity or just another trap waiting to unfold.
This repetitive cycle of hope followed by sudden downside shocks is not only increasing volatility but is also leading to significant wealth erosion, particularly for short-term traders and leveraged positions. The inability of the market to build on pullbacks highlights the fragile sentiment and reinforces the need for caution, discipline, and risk management in the current environment because when conviction is missing, even small triggers can lead to disproportionately large reactions.
Month-to-date, the benchmark index Nifty has declined by over 9%, marking its steepest monthly fall since the Covid 19–induced market collapse. At the same time, disruptions in global gas supply are creating a diverse set of challenges across multiple industries, particularly those dependent on energy-intensive operations. These supply constraints have led to rising cost pressures, uncertainty around margins, and delayed investment decisions. Collectively, these factors are dampening hopes of an earnings revival and eroding overall market confidence, further weighing on investor sentiment and risk appetite—raising a deeper concern about whether the worst of the earnings downgrades is still ahead.
From a technical perspective, there has been no change since last week. The index continues to trade below its key moving averages, while momentum indicators remain firmly in bearish territory, indicating that downside pressure persists. Interestingly, the Nifty Midcap 100 and Nifty Smallcap 100 indices are displaying relative outperformance compared to the frontline indices. However, given the prevailing volatility and fragile sentiment, price action in the mid and smallcap space over the next 2–3 weeks to assess the sustainability of this relative strength because history suggests that leadership often shifts just when confidence starts to build.
Talking about crucial levels, the 22,650–22,600 zone is expected to act as an important support area for Nifty. A sustained break below 22600 could open the door for further downside, potentially dragging the index towards 22,400, followed by 22,200 in the short term. On the upside, the 23150–23200 region is likely to remain a critical resistance zone.
Q: Banks have been bleeding primarily because of FII outflows. Can you spot trading opportunities in Bank Nifty (or bank stocks) or at least suggest traders ways to cut their losses if more selling continues?
The banking benchmark index Bank Nifty has significantly underperformed the frontline indices during March. Month to date, the index is down by over 13% and has formed a sizeable bearish candle, highlighting strong selling pressure at higher levels. The ratio chart of the index as compared to Nifty is marking the sequence of lower tops and lower bottoms.
The weakness is further evident from the fact that the index is currently trading nearly 8% below its 200-day EMA and around 9% below its 100-day EMA, underscoring the loss of medium- to long-term trend support. From a momentum standpoint, the daily RSI has entered a super bearish zone as per RSI range shift rules, while the weekly RSI remains in bearish territory and continues to decline, indicating sustained downside momentum across timeframes.
Given the current price structure and negative momentum setup, the index is likely to extend its southward trajectory in the short term. In terms of key levels, the 51,700–51,800 zone is expected to act as an immediate support area. A sustained breakdown below 51,800 could result in further correction towards 51000, followed by 50,400 in the near term.
On the upside, any recovery attempt is likely to face strong resistance in the 53400–53500 zone, which will act as a major hurdle and supply area for the index.
Q: There is a bloodbath across situation and with Iran-Israel war uncertainty, it is very difficult to take an informed call. In such a situation, are you seeing themes/pockets of opportunities for investors?
The Nifty CPSE index is displaying relative outperformance compared to the broader and frontline indices. While the index has not shown strong bullish momentum, it is currently moving in a consolidation phase, even as the broader market undergoes a corrective decline. This relative resilience suggests better stability and selective accumulation, positioning Nifty CPSE as a comparatively stronger pocket amid an otherwise weak market environment.
Q: Unlike 2025, investors had a refuge in gold and silver and were putting money there. That situation has changed dramatically as we see bullion prices falling sharply. What will be your advice to investors whether to remain invested or preserve cash?
Market’s lackluster performance can be attributed to Nifty Bank, which has delivered its third worst performance in March in the past 20 years, declining by nearly 11%. What do bank Nifty charts suggest and how to trade?
Yes, the market’s lackluster performance has largely been driven by Bank Nifty, which has corrected by nearly 13%. This sharp underperformance has exerted significant pressure on the broader indices and weakened overall market sentiment.
Chart patterns of Bank Nifty continue to reflect a weak and bearish structure, indicating limited scope for a sustainable recovery in the near term. Given the prevailing trend and momentum setup, we recommend adopting a “sell on rise” strategy, as any short-term pullbacks are likely to remain corrective and may attract fresh selling pressure.
Q: For risk-takers, volatility brings opportunities for making money. Will you prefer cash markets or F&O?
Volatility is a double-edged sword. It creates opportunity, but also amplifies risk. For a risk-taker, the goal isn’t just to chase swings, but to manage them effectively. In volatile markets, moves are sharp and fast. If you’re right, profits can come quickly; if you’re wrong, losses can escalate just as rapidly. This is where the choice between cash and F&O becomes crucial.
F&O is a leveraged product, so volatility acts as a multiplier. If a trade goes against you, it becomes a double whammy. Price movement and leverage work against your capital. Even the right view can go wrong due to timing or sudden reversals. In contrast, cash markets offer better control. With proper position sizing and risk management, you can use volatility to your advantage without the pressure of leverage.
In such phases, it’s wiser to focus on survival first, because volatility rewards discipline, but punishes over-leverage.
Q: HEG, Emcure and Triveni Engineering were among top gainers this week, while Firstcry, IDBI Bank and Lodha have been big losers. What should investors do with them?
HEG had briefly slipped below its previous swing low of 491 on the daily chart but quickly reclaimed those levels, followed by an impressive rebound supported by a sharp rise in volumes. The DI+ crossing above DI- on the ADX indicator suggests that buyers are gaining control over sellers. As long as the stock holds above the 520–515 zone, the pullback is likely to extend further.
Emcure has witnessed a horizontal trendline breakout on the daily chart. The RSI is trending higher and sustaining above 60, indicating strong bullish momentum. Additionally, the DI+ crossover reinforces the dominance of buyers. The uptrend is likely to continue as long as the stock trades above 1580.
Triveni Engineering has staged a strong rebound from its key support zone of 335–325. The MACD has crossed above the signal line, indicating improving momentum. However, the stock faces stiff resistance around 418–420. A decisive breakout above this zone could lead to an extension of the pullback.
FirstCry has been consolidating in the 252–207 range since 19th February. The RSI failed to cross the 60 mark and has drifted lower, suggesting weakening momentum. The MACD remains below both the signal and zero line, indicating a bearish bias. The stock is likely to remain under pressure as long as it trades below 250.
Both IDBI Bank and Lodha are trading significantly below their key short- and long-term moving averages. A rising ADX indicates a strengthening bearish trend, while the RSI hovering around 20 reflects strong downside momentum. 72 for IDBI Bank and 760 for Lodha act as immediate resistance levels, and as long as the stocks trade below these levels, the trend is likely to remain bearish.
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
Business
Is Is Dubai International Airport Open Now? Operations Continue with Delays Amid Regional Tensions
DUBAI, United Arab Emirates — Dubai International Airport (DXB) remained open for limited commercial flight operations on Saturday, March 28, 2026, with Emirates and flydubai maintaining reduced schedules despite ongoing regional security concerns, recent weather disruptions and a backlog of delays from earlier airspace restrictions.

The world’s busiest airport for international passengers was handling departures and arrivals, though with significantly fewer flights than normal. Real-time flight status pages showed multiple Emirates and flydubai services operating or boarding throughout the day, including routes to Riyadh, Jeddah, New Delhi and other regional and long-haul destinations. However, many international carriers continued operating under restrictions or suspensions stemming from earlier regional tensions.
Dubai Airports advised passengers to check directly with their airlines for the latest flight status and to allow extra time when traveling to the airport. Official updates emphasized that while the facility was operational, conditions remained fluid due to a combination of factors including past drone incidents, airspace management issues and recent heavy rainfall that strained ground operations.
Current Operational Status
As of March 28, DXB was not running at full capacity. Emirates and flydubai accounted for the majority of movements, with around 200-210 combined departures reported on recent days. Limited services from other carriers, including some regional airlines, were also active. Foreign airlines faced ongoing restrictions, with several major carriers such as Lufthansa, SWISS, ITA Airways and Austrian Airlines maintaining suspensions through at least late March or early May.
Flight tracking data indicated low to moderate delay indices at times, with some flights showing on-time performance while others faced pushbacks due to crew positioning, ground handling or lingering effects from prior disruptions. Passengers were strongly urged not to head to the airport without confirmed bookings and airline clearance.
The airport’s Terminal 3, the main hub for Emirates, saw active boarding for various flights, while Terminal 2 handled flydubai and other low-cost and regional operations. No full suspension was in effect on March 28, unlike earlier periods in February and early March when operations were halted or severely limited due to security alerts.
Background of Recent Disruptions
DXB has faced multiple challenges in recent weeks. Regional geopolitical tensions led to temporary airspace closures and missile/drone alerts in late February and March, prompting suspensions and gradual phased reopenings starting around March 2. Drone debris incidents damaged infrastructure in some cases, while severe weather — including heavy rain and flooding risks — added pressure on March 23-27, causing significant delays and cancellations.
Emirates, the largest operator at DXB, has been gradually restoring services but continues operating a reduced network. flydubai has similarly maintained a limited but steady schedule. Repatriation and essential flights helped clear some backlog earlier in the month, but full recovery remains ongoing.
Dubai World Central (Al Maktoum International, DWC) has also seen limited operations during the same period, serving as a secondary hub for cargo and some passenger flights.
Advice for Travelers on March 28
Authorities and airlines recommend the following for anyone with plans involving DXB:
- Check your flight status directly with your airline or through the official Dubai Airports flight information page within one hour of departure.
- Allow significantly more time than usual for airport transfers, security and check-in due to potential delays and reduced staffing or processing capacity.
- Confirm ground transportation arrangements, as road conditions from recent weather may still affect access.
- Monitor official sources including dubaiairports.ae, Emirates, flydubai and the UAE’s National Emergency Crisis and Disaster Management Authority for updates.
- Have contingency plans, including rebooking options or refunds, especially if traveling on affected international carriers.
Travelers already at the airport or en route should stay informed via airport announcements and airline apps. Special assistance services remain available for passengers needing support.
Broader Regional Aviation Context
The situation at DXB reflects wider challenges across Gulf aviation hubs. Neighboring airports in Abu Dhabi, Doha and others have experienced similar periods of restricted operations, airspace management and weather-related impacts. Many airlines have adjusted schedules, offered rebooking flexibility and issued travel advisories for the region.
The combination of security-related airspace issues and unusual March weather patterns has created one of the more disruptive periods for Dubai aviation in recent years, though operations have shown resilience with gradual normalization.
Looking Ahead
As March 28 progressed, conditions at DXB were expected to remain operational but pressured. Forecasts suggested improving weather stability later in the weekend, potentially easing some ground handling constraints. Full restoration of pre-crisis schedules could take additional weeks depending on regional developments and infrastructure assessments.
Dubai Airports continues to prioritize safety while working to restore normal connectivity. The hub’s strategic importance means authorities are focused on minimizing long-term disruption to global travel routes.
For real-time information, passengers should rely on the official Dubai Airports website flight status tool, airline mobile apps and direct customer service channels rather than third-party trackers alone, as information can change rapidly.
On this Saturday in late March 2026, Dubai International Airport was open and processing flights, but with notable limitations and the strong recommendation for travelers to exercise caution and verify details before heading to the facility. Those with upcoming travel through DXB are encouraged to stay flexible and prepared for possible changes.
Business
Weekly Commentary: Lacking A Good Scenario
I’m at about 30 years persevering as a “professional bear.” My lucky break came in late-1989, when I was hired by Gordon Ringoen to be the trader for his short-biased hedge fund in San Francisco. Working as a short-side trader, analyst and portfolio manager during the great nineties bull market – for one of the most brilliant individuals I’ve met – was an exciting, demanding and, in the end, a grueling and absolutely invaluable learning experience. Later in the nineties, I had stints at Fleckenstein Capital and East Shore Partners. In January 1999, I began my 16 year run with PrudentBear (that concluded at the end of 2014), working as strategist and portfolio manager with David Tice in Dallas until the bear funds were sold in December 2008. In the early-nineties, I became an impassioned reader of The Richebacher Letter. The great Dr. Richebacher opened my eyes to Austrian economics and solidified my lifetime passion for economics and macro analysis. I had the good fortune to assist Dr. Richebacher with his publication from 1996 through 2001. Prior to my work in investments, I worked as a treasury analyst at Toyota’s U.S. headquarters. It was working at Toyota during the Japanese Bubble period and the 1987 stock market crash where I first recognized my love for macro analysis. Fresh out of college I worked as a Price Waterhouse CPA. I graduated summa cum laude from the University of Oregon (Accounting and Finance majors, 1984) and later received an MBA from Indiana University (1989). By late in the nineties, I was convinced that momentous developments were unfolding in finance, the markets and policymaking that were going unrecognized by conventional analysis and the media. I was inspired to start my blog, which became the Credit Bubble Bulletin, by the desire to shed light on these developments. I believe there is great value in contemporaneous analysis, and I’ll point to Benjamin Anderson’s brilliant writings in the “Chase Economic Bulletin” during the Roaring Twenties and Great Depression era. Ben Bernanke has referred to understanding the forces leading up to the Great Depression as the “Holy Grail of Economics.” I believe “The Grail” will instead be discovered through knowledge and understanding of the current extraordinary global Bubble period.
Business
Is Abu Dhabi Airport Open? Zayed International Airport Open but Operating at Reduced Capacity
ABU DHABI, United Arab Emirates — Zayed International Airport, the primary gateway to Abu Dhabi and home base for Etihad Airways, remains open as of Saturday, March 28, 2026, but is functioning with significantly limited operations due to lingering effects of regional geopolitical tensions and recent rainy weather that has compounded flight delays across the UAE.

Travelers checking “Is Abu Dhabi Airport open right now?” should note that while the airport has resumed partial commercial services following earlier airspace closures tied to Middle East conflicts, passengers are strongly advised not to head to the terminals without a confirmed ticket and direct notification from their airline. Access remains restricted to confirmed travelers only, according to the official airport website.
The airport, formerly known as Abu Dhabi International Airport and now branded as Zayed International Airport (code: AUH), has been gradually rebuilding its schedule since early March. Full suspensions occurred in late February and early March 2026 amid airspace restrictions linked to escalating tensions involving Iran, the United States and Israel. Limited exceptional, priority and repatriation flights began resuming around March 2, with Etihad Airways restarting select commercial services by March 6.
As of late March, the airport is handling flights at roughly 40% to 70% of normal capacity, depending on the day and airline, according to multiple travel advisories and reports. Etihad, the flag carrier, is operating approximately 60-70 daily departures on key routes, focusing on major hubs such as London Heathrow, Paris, Mumbai, Bangkok and New York JFK where possible. However, many international carriers have reduced frequencies, rerouted services or suspended operations entirely until later in 2026. British Airways, for instance, has halted Abu Dhabi services through late October or beyond, while others like Lufthansa and several Indian carriers have implemented temporary cuts or full refunds for affected bookings.
Recent rainy weather on March 26 further disrupted recovery efforts in Abu Dhabi and neighboring Dubai, leading to additional delays and cancellations even as limited schedules resumed. Airports across the UAE, including Zayed International, shifted to carefully controlled operations with significant delays reported on both departures and arrivals. Smaller UAE airports have shown partial recovery but remain unstable, prompting broad advisories for travelers to verify details directly with airlines.
Live flight tracking platforms such as Flightradar24 and the airport’s own departures board show a mix of activity. Early Saturday morning departures included Etihad flights to Paris (EY031) that operated, while others like a service to Amsterdam were listed as cancelled in sample data. Arrivals and departures reflect a thinned-out schedule, with many flights still subject to last-minute changes. The official Zayed International Airport website prominently displays a notice: “Passengers are advised not to travel to the airport unless they hold a confirmed ticket and have been explicitly advised by their airline to do so.”
Etihad Airways has emphasized in updates that its current flight program is fluid. The airline recommends checking etihad.com for the latest status, ensuring contact details are current for rebooking notifications, and avoiding the airport without explicit confirmation. Some repositioning, cargo and humanitarian flights continue under strict safety approvals coordinated with UAE authorities.
The disruptions trace back to airspace closures starting around Feb. 28, 2026, following reported military actions in the region. Over 4,000 daily flights were affected across Gulf hubs at the peak, stranding hundreds of thousands of passengers globally. Dubai International (DXB) and Abu Dhabi’s Zayed faced full or near-full halts initially, with phased reopenings prioritizing safety corridors. By mid-March, operations had improved to low-to-moderate disruption levels on remaining flights, though capacity constraints persist due to ongoing security considerations and fragile recovery.
Abu Dhabi Airports, the operator, confirmed partial resumption on March 2 in coordination with authorities and partners. The airport, one of the Middle East’s fastest-growing hubs with its modern Terminal A, has focused resources on essential connectivity while maintaining heightened security protocols. Prayer times and passenger services like the Airport Express bus to Dubai and Salam Meet & Assist remain available for those cleared to travel.
For passengers with existing bookings, options include rebooking on available limited services, seeking refunds where suspensions apply, or exploring alternative routings through less-affected airports. Travel experts recommend monitoring official sources closely: the Zayed International Airport website (zayedinternationalairport.ae), Etihad’s flight status page, and global trackers like FlightAware or Skyscanner. Apps from the airport and airline provide real-time updates on gates, immigration and baggage.
The situation highlights the vulnerability of Gulf aviation to regional events. The UAE, a major transit and tourism hub, has seen its connectivity impacted, affecting business travelers, tourists and expatriates. Visit Abu Dhabi tourism authorities note that while the airport is operational, visitors should confirm entry requirements and flight viability before planning trips. Broader Middle East airspace advisories continue to influence long-haul carriers from Europe, Asia and North America.
Looking ahead, full normalization depends on stabilizing regional airspace and weather patterns. Aviation analysts expect a gradual ramp-up in April, but caution that schedules could shift rapidly. Some routes, particularly to certain European and Asian cities, may take months to restore completely.
Travelers affected by cancellations should contact their airlines promptly for reprotection or refunds. Insurance holders are urged to review policies for disruption coverage. Those transiting through Abu Dhabi should build in extra buffer time given potential delays even on operating flights.
Zayed International Airport continues to prioritize safety and passenger well-being. With its state-of-the-art facilities, including advanced check-in and duty-free options when operational, the airport aims to return to its status as a premium hub once conditions allow.
In summary, yes — Abu Dhabi’s Zayed International Airport is open right now, but with constrained services, ongoing advisories and a strong recommendation to verify every detail before travel. The evolving nature of both geopolitical and weather-related factors means constant monitoring is essential for anyone planning flights to, from or through AUH in the coming days and weeks.
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Pakistan to host regional summit on Monday amid Iran cease-fire talks- report

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Whale’s Insight: A Macro-Driven Market With No Safe Haven, And No End To Volatility
FabrikaCr/iStock via Getty Images
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Business
Rentomojo IPO: Furniture e-marketplace files DRHP with Sebi; to raise Rs 150 crore from fresh issue
The public offer will be a mix of issuing fresh shares and an offer for sale (OFS) where existing shareholders will offload up to 28,399,567 equity shares.
About Rentomojo
Rentomojo is an online rental and subscription platform for home furniture and appliances. Its promoter is Geetansh Bamania.The company operates a technology-driven, full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and home appliances in India. The DRHP claims that the company is a market leader in this segment with an estimated 42%–47% share in the organised home furniture and appliances rental segment (excluding water purifiers) based on subscription revenue in the fiscal of 2025, with 2,27,511 live subscribers across 22 cities as of September 30, 2025, supported by a scaled service network that includes 21 warehouses and approximately 444,486 sq. ft. of warehousing space.
The company quoted a Redseer report to back its claims.
It operates an omni-channel platform comprising its online interface and 67 experience stores across India (as of September 30, 2025), offering flexible subscription access to furniture and appliances across a portfolio of 728,773 live products.
Also read: IPO Calendar: No fresh issues next week; Coal India subsidiary, 6 more companies set to debut
Rentomojo financials
The company’s revenue from operations stood at Rs 176.61 crore for the six months ended September 30, 2025, and Rs 266 crore for fiscal 2025, while restated profit after tax was at Rs 61.38 crore for the six months ended September 30, 2025 and Rs 43.11 crore for FY25.
IPO proceeds
The company has proposed to utilise the net proceeds from the initial public offer for multiple purposes, including the repayment or prepayment, in full or in part, of certain outstanding borrowings along with the accrued interest thereon availed by the company; the payment of lease rentals or license fees for its warehouses and experience stores (referred to as the “Premises”); and general corporate purposes.
Following its IPO, the stock will be listed on the NSE and BSE.
Lead managers
Motilal Oswal Investment Advisors Limited, Axis Capital Limited, and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the Book Running Lead Managers to the issue.
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
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