Business
Analysis-Japan’s Takaichi gets her doves in a row with BOJ board appointees
Business
Global funds flee Indian stocks at record pace on growth fears
In just over three months, they have pulled $18.84 billion from local shares, edging past the full-year record outflow of $18.79 billion seen in 2025, according Central Depository Services India Ltd. The sustained selling has kept markets under pressure, and even a modest rebound following a temporary ceasefire earlier this week has done little to lift the mood. Local shares remain bruised, with over $600 billion wiped off their value from last year’s peak.
India’s $4.8 trillion equity market is losing some of its relative appeal, as global capital rotates toward artificial intelligence-linked economies where semiconductor demand is the bigger driver. The oil crisis has magnified existing concerns for the country — from recent rupee volatility to a still-fragile earnings recovery — while also underlining another problem: a lack of a clear catalyst to bring foreign money back.
Bloomberg
“Indian stocks are missing a narrative,” said Abhishek Thepade, an Oslo-based portfolio manager with DNB Asset Management AS. “Earnings are undergoing a cyclical slowdown while weakening currency and impact of artificial intelligence on local software companies also impacts the outlook.”
Although tech-heavy South Korea and Taiwan saw larger headline outflows in March — totaling $24 billion and $29 billion respectively — the peace deal may given them a stronger boost by refocusing investor attention on AI-driven chip demand, a factor largely absent in India.
That gap is already showing up in flows. South Korean and Taiwanese equities have seen inflows of $3.6 billion and $5.6 billion, respectively, so far this month. In contrast, global funds have pulled $3 billion from Indian equities, data compiled by Bloomberg show.
To be sure, domestic money continues to cushion the blow. Mutual funds and institutions have poured in $31 billion this year, with retail investors doubling down via record inflows into monthly equity investment plans last month even amid heightened volatility. Still, that support has not been enough to counter persistent foreign selling.Some investors see scope for a reversal once the Middle East tensions ease.
“Now that India’s valuations have become reasonable, foreign flows could return once the current geopolitical uncertainty settles, though the timing remains uncertain,” said Harsha Upadhyaya, chief investment officer for equities at Kotak Mahindra Asset Management Co.
Asked someone from the industry whether foreign investors are still interested in allocating to India. The TLDR:
Interest has pretty much died out. India is seen as geopolitically exposed, especially to an oil shock. There are no real AI plays. Valuations are rich. And the rupee…
— Nithin Kamath (@Nithin0dha) April 9, 2026
Still, a steady retreat by global funds has led to more than $34 billion of outflows from Indian equities over the past two years through March — a period that’s seen MSCI Inc.’s India gauge trail regional peers in all but two of the past eight quarters. The Nifty 50 Index is down 8% this year, while the foreign exodus had recently pushed the rupee to record lows, forcing the central bank to step in to stabilize the currency.
Even after a recent moderation, valuations remain a sticking point. The Nifty 50 remains expensive relative to emerging-market peers, BofA Securities said in a note this week, adding it expects India to lag behind rivals.
Business
FIIs sell Indian equities worth Rs 48,213 crore in April, so far; FY26 sell-off balloons to Rs 1.79 lakh crore
On Friday, FIIs bought domestic shares at Rs 672.09 crore while domestic institutional investors (DIIs) were net buyers at Rs 410.05 crore, helping markets end the day with strong gains after a Thursday pause.
The significant action on the last trading day of the week was dominated by banks, auto and consumer stocks. Nifty surged 275.50 points or 1.16% to finish at 24,050.60. Meanwhile, Sensex rose 918.60 points or 1.20% to settle at 77,550.25.
Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, said the outcome of the truce talks between Iran and the US will determine the course of markets, which have been majorly dragged by FPI selling. “It appears that FPIs are determined to sell in India and move money to other markets like South Korea and Taiwan, where the earnings growth prospects are much superior in 2026”.
“The market will wait to see the outcome of the peace talks between US and Iran scheduled for Saturday. The outcome of the peace talks will determine the trend in crude prices, which, in turn, will dictate market trends. If the talks lead to de-escalation in the conflict and drive crude prices down, the markets, particularly markets like India which are energy import-dependent, will bounce back. The reverse will happen if the peace talks fail and crude spikes further.
He however sees this as a short-term view by the foreign investors as he noted many stocks continue to hit 52-week highs or even all-time highs, even in this challenging market environment.
“Investors can look at these stocks and analyse the reasons behind the resilience of such stocks. Fundamentally sound growth stocks will do well even during weak market conditions,” Dr. Vijayakumar said.
FIIs in 2026
War-induced sell-off in March made it the worst month this year, witnessing an exodus worth Rs 1,17,775 crore. Foreign investors turned net buyers in February, buying shares worth Rs 22,615 crore in the domestic markets so far. In January, they sold Rs 35,962 crore worth of shares.
In 2025, the FIIs buying trends remained patchy, but the overall trend was bearish. They took Rs 1,66,286 crore from Indian markets as trade deal delay and premium valuations weighed on the sentiments.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Business
IOI Properties plans Malaysia REIT with assets worth $1.9 billion
* Reuters first reported in November that IOI Properties was exploring REIT listings in Malaysia and Singapore with a combined asset value of up to $8 billion. The Malaysian REIT was then expected to hold domestic assets worth about 7 billion to 8 billion ringgit.
* IOI Properties said in the filing that the proposed Malaysian REIT will have an initial size of 5.5 billion units, with IOI offering up to 2.2 billion units. The exercise is targeted for completion in the fourth quarter of 2026.
* At an indicative price of 90 sen a unit, the IPO could raise about 1.97 billion ringgit.
* IOI said gross proceeds from the disposals and offering would total about 4.62 billion ringgit, mainly to repay borrowings and fund project and property investment spending.
* Assets earmarked for injection include IOI City Mall, IOI City Towers, PFCC Towers, Putrajaya Marriott, Le Meridien Putrajaya, Moxy Putrajaya, Four Points by Sheraton Puchong, W Kuala Lumpur and Courtyard by Marriott Penang.
* Maybank Investment Bank and AmInvestment Bank are joint principal advisers, while DBS is a joint global coordinator and underwriter. ($1 = 3.9600 ringgit)
Business
From Panic to Patience: 7 investing lessons from James O’Shaughnessy for today’s turbulent markets
Yet, amid this uncertainty, the principles laid down by legendary quantitative investor James O’Shaughnessy in a presentation at Talks at Google a few years ago offer a steady compass. His framework for long-term investing, appears especially relevant in today’s environment where noise often overwhelms signal.
A Market Driven by Fear, Headlines, and Short-Termism
Recent global developments—from conflicts impacting oil prices to shifting expectations around central bank policy—have amplified market swings. Investors are reacting rapidly to news cycles, often extrapolating short-term events into long-term outcomes.O’Shaughnessy warned against precisely this tendency. He emphasized that investors often mistake possibilities for probabilities, especially during periods of crisis, leading to flawed decision-making.
In the current landscape, this insight rings true. Markets are pricing in multiple scenarios—from recession fears to inflation resurgence—often within days, creating whipsaw movements.
The Seven Timeless Traits of Successful Investors
According to O’Shaughnessy, long-term success in markets is less about predicting the future and more about mastering behavior. His seven key principles serve as a blueprint for navigating volatility:
1. Long-Term Perspective
Investors who focus on 10–20 year outcomes rather than quarterly noise are better positioned to build wealth. Short-term thinking often leads to reactive decisions rather than strategic ones.
2. Value Process Over Outcome
Chasing recent winners is a common mistake. Successful investors instead focus on the robustness of their investment process rather than short-term returns.
3. Ignore Forecasts and Predictions
Market forecasts often create an illusion of certainty. In reality, they are frequently wrong or incomplete, especially in complex macro environments.
4. Discipline Above All
Discipline becomes most critical during downturns—when fear, doubt, and external skepticism peak. Staying the course during such periods separates successful investors from the rest.
5. Patience and Persistence
Wealth creation in equities is a slow process. Even the most successful strategies can underperform for extended periods before delivering superior returns.
6. Understand Probabilities
Successful investors analyze how often a strategy works and by what margin it outperforms benchmarks, rather than relying on isolated outcomes.
7. Learn from Mistakes
Maintaining a record of decisions—both successes and failures—helps refine strategies and eliminate recurring errors over time.
Why These Lessons Matter More Today
The current global market setup—marked by high valuations in pockets, liquidity shifts, and geopolitical overhangs—demands a structured approach. Emotional investing, driven by fear or greed, tends to peak during such phases.
History suggests that the biggest investing mistakes are often made during extremes—buying in euphoric bull markets or selling in panic-driven downturns. At the same time, the most rewarding opportunities emerge when assets are mispriced due to short-term dislocations.
O’Shaughnessy’s emphasis on discipline and process aligns with this reality. His research-driven approach, rooted in decades of market data, demonstrates that systematic strategies can outperform when followed consistently over time.
The Bottom Line: Process Over Panic
In an era dominated by algorithmic trading, real-time news, and social media-driven sentiment, staying grounded is harder than ever. But as markets continue to oscillate between optimism and anxiety, the core principles of investing remain unchanged.
Successful investing is not about reacting to every headline—it is about building a resilient process and sticking to it, especially when it feels most uncomfortable.
For investors navigating today’s uncertain terrain, that may be the most valuable lesson of all.
Business
Building Opportunity Where Others Don’t Look
A Career Built on Seeing What Others Miss
Some entrepreneurs follow trends. Marty Brickey built a career by going the other way.
“I’ve always been drawn to things that don’t look obvious at first,” he says. “That’s usually where the real opportunity is.”
Brickey’s path started with a foundation in business. He earned a Bachelor of Science in Management from Missouri State University. But his real education came from experience. Early on, he learned how to spot value in overlooked ideas and turn them into real businesses.
That mindset would define everything that followed.
Early Life and a Drive to Explore
Brickey grew up moving across the country due to his father’s job. That constant change shaped how he sees the world.
“You learn to adapt fast when you’re always the new kid,” he says. “You also learn to pay attention.”
As a teenager, he spent time in Colorado. He developed a love for the mountains and skiing. That sense of exploration stayed with him into adulthood.
It shows up not just in his hobbies, but in how he approaches business.
Launching Layne Morgan Media
In 2002, Brickey founded Layne Morgan Media. At the time, educational content looked very different than it does today.
He saw an opening.
“We realized that people learn better when they’re engaged,” he says. “So we asked, why not use storytelling and visuals?”
The company focused on educational graphic novels. It was a niche idea at the time. But it worked.
Layne Morgan Media went on to produce educational graphic novel material for The McGraw-Hill Companies. That partnership helped validate the model and scale the business.
“It wasn’t just about making content,” Brickey explains. “It was about making learning stick.”
Entering the Video Game Industry
After success in publishing, Brickey shifted into a new space: video games.
He founded Flyover Entertainment, which included Secret Lair Studios, Grumpy Ninja Studios, and Studio Chi’n in China. The move was another example of his willingness to step into unfamiliar territory.
“Games are just another form of storytelling,” he says. “But they’re interactive. That changes everything.”
The studios grew quickly. Their work gained attention. Soon, they were acquired by Vivendi Universal.
That acquisition helped form the backbone of what became Sierra Online. It also contributed to the early structure of Activision Blizzard’s Chinese division.
“We were building something global before that was common,” Brickey says. “It forced us to think bigger.”
Leadership Through Growth and Change
Across his ventures, Brickey has often taken on CEO and senior management roles. His leadership style focuses on clarity and adaptability.
“You can’t control everything,” he says. “But you can control how you respond.”
He believes strong teams are built on trust and clear direction. He also values speed.
“Decisions don’t get easier with time,” he adds. “You just get more information. At some point, you have to move.”
That approach helped him scale companies across different industries. It also made him a valuable advisor and board member.
Investing and Advising New Ventures
After building and exiting companies, Brickey expanded into investing and advising.
One example is Gasworks Games, which was later acquired by Zynga. His role often involves helping teams refine their strategy and avoid common mistakes.
“I try to give founders perspective,” he says. “Sometimes you’re too close to your own idea.”
He focuses on businesses that combine technology with real-world impact. That includes software and platforms that solve clear problems.
“Technology is just a tool,” Brickey explains. “What matters is what you do with it.”
A Focus on Technology and Impact
Today, Brickey continues to work in technology and software. But his focus has expanded beyond business growth.
He is deeply committed to helping veterans deal with PTSD, anxiety, and trauma. He supports efforts that use technology to reduce suicide rates.
“That’s work that matters,” he says. “If you can build something that helps people at that level, it changes how you measure success.”
His approach blends innovation with purpose. It reflects a broader shift in how he defines impact.
Life Outside of Business
Brickey’s interests reflect the same drive for challenge and exploration.
He is a pilot with over 4,000 flight hours. He also enjoys technical wreck diving, one of the most demanding forms of scuba diving.
“There’s a level of focus required,” he says. “You can’t be distracted.”
He cycles several days a week and values time with his family. These activities provide balance to a career that has spanned multiple industries.
What Defines Marty Brickey’s Career?
Looking back, a few themes stand out.
He builds in spaces that others overlook.
He adapts quickly to change.
And he connects technology with real-world outcomes.
“I don’t think about industries as much as I think about problems,” he says. “If something needs to be solved, that’s where I want to be.”
That mindset has carried him from publishing to gaming to technology and beyond.
And it continues to guide what he does next.
Business
How UK Businesses Are Adapting in 2026
In recent years, the work paradigm across the United Kingdom has undergone significant transformation. Driven by evolving employee expectations, advances in digital communication, and the need for business resilience, hybrid work models have become a central focus for businesses of all sizes.
In 2026, UK enterprises are striking a delicate balance between remote flexibility and the benefits of an office environment—a shift that is reshaping operational dynamics and strategic planning.
Hybrid work is not merely a temporary adaptation; it is rapidly emerging as a permanent fixture in how companies allocate resources, manage talent, and define workplace culture. With new regulations, technological innovations, and the imperative to boost productivity, UK businesses are increasingly weaving hybrid practices into their long-term plans.
Emerging Trends in Hybrid Working Practices
The shift towards flexible working is bolstered by several trends that illustrate both its momentum and complexity. Recent research shows that a significant majority of UK employers have now integrated some form of hybrid working into their models. Statistics from a UK government factsheet on flexible working indicate a marked increase in companies offering a blend of office-based and remote working options. These figures underscore a growing recognition that flexibility can drive employee satisfaction, improve retention rates, and ultimately enhance overall productivity.
Additionally, businesses have been reshaping their digital infrastructures to support a dispersed workforce. This includes investments in cloud technology, enhanced cybersecurity measures, and collaborative tools that allow teams to work seamlessly regardless of location. As organisations adapt, they also face the classic challenges of maintaining company culture and ensuring robust communication channels among staff.
In sectors where digital services and remote engagement converge—such as the online casino industry—the innovative adoption of hybrid work strategies is creating new operational avenues. For example, Pokertube has successfully harnessed flexible work policies to ensure that content creation, event streaming, and strategic reviews adapt fluidly to modern work conditions. Such integration reinforces business capabilities while setting a strong precedent for other technology-driven domains.
Technology and Transformation in the Hybrid Era
The fusion of technology with hybrid working practices is not merely coincidental—it is a necessary evolution in today’s digital-first environment. With the rapid proliferation of smart devices, sophisticated conferencing tools, and remote management software, businesses are now better equipped to support distributed teams and maintain operational consistency. Innovative sectors, especially those anchored in online services and digital content, are at the forefront of this transformation.
For many companies, the challenge lies in merging the dynamic nature of digital media with traditional business workflows. Advanced analytics, AI-driven customer service solutions, and real-time performance tracking allow businesses to monitor productivity and adapt workflows in real time. The evolving interface between technology and human resource management illustrates that remote work need not reduce the rigor of inner-company collaboration; rather, it provides a platform for increased efficiency and innovation.
Industry reports have consistently highlighted that companies embracing hybrid work demonstrate improved agility and a sharper competitive edge. McKinsey’s Future of Work analysis details how flexible remote practices can boost both productivity and employee satisfaction by providing a more balanced work environment. This strategic pivot underlines the potential for sustainable change that goes beyond cost savings. Deloitte’s digital media trends survey also examines how technology adoption is reshaping workplace dynamics across industries.
Hybrid Work in Technology-Intensive Industries
Technology-intensive sectors have readily adopted hybrid models, leveraging digital tools to facilitate seamless communication among geographically dispersed teams. The online casino and gaming industry, traditionally rooted in face-to-face interactions, has transitioned many of its functions to remote setups without compromising operational integrity. This trend reflects a broader shift in market dynamics where technology not only supports business continuity but also encourages innovation.
One notable transformation is in the realm of customer engagement. Digital casinos, for instance, are finding new ways to integrate live events with online streaming and expert analyses, merging technology with real-time interaction. This blend not only enhances the customer experience but also sets a benchmark for hybrid practices in traditional sectors.
The integration of adaptive scheduling systems and advanced workflow solutions has streamlined operational processes in many organisations. In parallel, emerging mentoring and coaching models pair experienced professionals with remote talent, ensuring that knowledge transfer and professional development continue unabated in a decentralized work structure.
Addressing the Challenges and Seizing Opportunities
While hybrid working models offer substantial benefits, they are not without challenges. Maintaining a unified company culture, managing performance metrics effectively, and ensuring cybersecurity in increasingly remote environments are significant concerns. Additionally, resistance to change from employees accustomed to conventional office arrangements can hinder a smooth transition to a hybrid model.
Several strategies have emerged to mitigate these concerns. Key among them is the implementation of regular feedback loops, targeted training programmes, and continued investment in state-of-the-art technology. The UK’s legal and regulatory framework has also adapted to facilitate flexible working. A recent CIPD report on flexible and hybrid working details how businesses can address issues such as work–life balance, ensuring that employees benefit from flexibility without compromising productivity.
In this environment, companies must also consider the broader implications of remote work on industry-specific challenges. For example, businesses in the digital entertainment space have discovered that utilising hybrid models enables them to forecast and respond to fluctuating market demands more effectively. Firms are investing in robust digital communication strategies that bridge the gap between remote and in-person interactions, thereby strengthening intrateam relationships and fostering coherent corporate strategies.
The Future Outlook: Strategic Adaptation and Innovation
Looking ahead, the trend towards hybrid work is set to redefine the future landscape of UK business. The shift not only impacts operational practices but also carries profound implications for strategic planning and long-term growth. Adapting to this evolving model requires a rethinking of traditional concepts of workplace design, performance measurement, and employee engagement.
Increasingly, technology is blurring the lines between physical and digital workspaces. Tools that integrate project management with virtual reality, immersive collaboration environments, and AI-enhanced communication systems are among the innovations on the horizon. These developments promise to create ecosystems where remote and on-site employees work as cohesively as ever.
For companies seeking to remain competitive in this dynamic environment, it is essential to continuously measure the impact of hybrid policies and gather actionable insights. Integrating data-driven decision-making into HR strategies empowers companies to refine their approaches systematically, ensuring a balance between structure and flexibility.
Successful examples of this adaptive mindset are emerging across sectors. Organisations that invest in employee training for new technologies and foster a culture of innovation are consistently outperforming their peers. A detailed analysis on Business Matters, available in the article Understanding the Rise of Hybrid Working, examines these evolving trends.
As UK businesses continue to adapt to the post-pandemic environment, hybrid work models remain a critical factor for achieving operational excellence and sustainable growth. Balancing in-person collaboration with the flexibility of remote work demands a strategic blend of innovation, technology investment, and ongoing reassessment of workforce practices. Future success will require a bold embrace of change, leveraging both internal strategies and external expertise to navigate an increasingly complex economic landscape.
Detailed insights from UK government and CIPD reports underscore the transformative impact of hybrid models on traditional business structures, highlighting both the opportunities and challenges ahead. Companies proactive in merging digital strategies with flexible work policies will be best positioned to thrive in the coming years.
Embracing the Change
The transition to hybrid working offers a unique opportunity for UK businesses to rethink traditional management practices and adopt innovative operational models. With a wave of technological advancements already sweeping the market, the future is set to favor those who invest in robust digital infrastructures and nurture a culture that values flexibility and creativity. In a world where technology continually redefines work, strategic adaptation is essential for sustainability.
As this evolution unfolds, decision-makers across sectors—from start-ups to established enterprises—will increasingly rely on comprehensive analyses to guide their next steps. The convergence of technology with flexible work arrangements is poised to accelerate progress across industries, reshaping the UK’s business environment into a model of resilience and forward-thinking innovation.
For an additional perspective on how hybrid work is revolutionising business landscapes through technology, industry leaders continue to share detailed examinations on methods that blend digital innovation with workforce flexibility. With a clear trend towards remote collaboration and technology-enabled oversight, UK businesses are well on their way to redefining what it means to work in 2026.
Business
LeBron James Drops 28 Points as Short-Handed Lakers Rout Suns
LOS ANGELES — LeBron James delivered a vintage performance with 28 points, 12 assists and six rebounds Friday night, leading a short-handed Los Angeles Lakers squad to a dominant 101-73 victory over the Phoenix Suns at Crypto.com Arena and securing home-court advantage in the first round of the 2026 NBA playoffs.
The Lakers, playing without several key rotation players, improved to 52-29 and locked in the No. 4 seed in the Western Conference. The Suns fell to 44-37, slipping further in the playoff picture with their offense struggling mightily against Los Angeles’ defense.
James, in his 23rd NBA season, shot efficiently and orchestrated the Lakers’ attack throughout the contest. The 41-year-old superstar added four steals while logging heavy minutes in the second game of a back-to-back, showcasing the endurance that has defined his legendary career.
“LeBron was LeBron tonight,” Lakers coach JJ Redick said after the game. “Even on a back-to-back, he set the tone defensively and offensively. Our guys fed off that energy.”
The Lakers jumped out to an early lead, outscoring the Suns 33-24 in the first quarter and never looking back. Los Angeles built the advantage with strong interior play and transition opportunities, finishing with 46 points in the paint compared to Phoenix’s 32. The Lakers also dominated fast-break points 19-3.
Phoenix, missing star Devin Booker due to right knee injury management along with other contributors, managed just 73 points — one of their lowest outputs of the season. The Suns shot poorly from the field and struggled to create consistent scoring chances, particularly in the second half when they were outscored 44-25.
Austin Reaves contributed solidly for the Lakers with efficient scoring and playmaking, while the supporting cast stepped up in the absence of injured teammates. The victory marked a significant bounce-back effort for Los Angeles, which has navigated injuries throughout the late season but maintained its position in the standings.
The Suns entered the matchup with playoff hopes still alive but appeared fatigued and disjointed. Without Booker’s scoring punch, Phoenix relied heavily on secondary options that couldn’t generate enough offense against the Lakers’ switching defense.
James’ first-half scoring burst helped the Lakers establish control. He tallied 22 points by halftime on efficient shooting, including several highlight-reel drives and kick-out passes that led to open threes. The Crypto.com Arena crowd, sensing the blowout early, frequently chanted “MVP” during his highlights.
By the third quarter, the Lakers had stretched the lead to double digits and began emptying the bench in the fourth as the game turned into a rout. Phoenix scored only nine points in the final period, underscoring the defensive intensity Los Angeles brought on both ends of the floor.

IBTimes US
The lopsided result highlighted the disparity between the teams’ current forms. The Lakers have shown resilience in recent weeks, positioning themselves for a favorable playoff path. Securing home-court advantage means potential series openers at Crypto.com Arena, where the purple and gold have been formidable this season.
For the Suns, the loss compounds ongoing challenges. Booker’s absence was felt acutely, as the team’s offense lacked its usual rhythm. Coach Frank Vogel’s squad will need to regroup quickly if it hopes to climb the standings or avoid the play-in tournament.
Statistically, the Lakers excelled across the board. They held a significant rebounding edge in key moments and forced the Suns into 24 turnovers while committing just 11 themselves. Los Angeles shot better from three-point range and converted free throws at a higher clip.
James’ all-around stat line once again underscored his value. At an age when many players have retired, the four-time MVP continues to impact games at an elite level, blending scoring, passing and leadership.
Postgame, Suns players expressed frustration with their execution. “We didn’t compete the way we needed to, especially on the road,” one veteran said. “Credit to LA — they were physical and made us pay for every mistake.”
The game was played in front of a lively crowd at Crypto.com Arena, with fans celebrating both James’ performance and the team’s playoff positioning. The atmosphere remained electric even as the lead grew, with chants and standing ovations punctuating key moments.
This victory gives the Lakers momentum heading into the final stretch of the regular season. With home-court advantage now clinched, Los Angeles can focus on rest and preparation while monitoring injury recoveries.
Phoenix, meanwhile, faces a tough remaining schedule. The team will look to get healthy and find consistency to salvage its playoff positioning in a competitive Western Conference.
Analysts noted the defensive masterclass by the Lakers. They limited Phoenix to low-percentage shots and disrupted passing lanes effectively. The Suns’ 73 points represented a season-low or near-low for many observers, reflecting Los Angeles’ ability to dictate the tempo.
James’ leadership extended beyond the box score. Teammates spoke of his vocal encouragement on the bench and during timeouts, helping maintain focus in a game that could have become complacent.
The blowout also provided valuable minutes for younger Lakers players and bench contributors, allowing them to gain experience in a winning environment. Several role players knocked down open shots created by James’ gravity on the court.
For Suns fans hoping for a competitive matchup, the night turned disappointing early. Phoenix showed brief flashes in the first half but couldn’t sustain momentum against the Lakers’ waves of defensive pressure.
As the 2025-26 NBA season winds down, this result reinforces the Lakers’ status as a dangerous postseason team. Their ability to win convincingly without a full roster bodes well for deeper playoff runs.
James, when asked about clinching home-court, emphasized team goals over individual accolades. “It’s about positioning ourselves the best way possible for April and May,” he said. “We’ve got work left, but tonight was a good step.”
The Suns will regroup for their next contest, hoping to avoid similar defensive lapses. Booker’s potential return could shift dynamics, but Friday’s showing highlighted areas needing urgent attention.
Overall, the contest served as a statement win for the Lakers. Dominating from wire to wire against a divisional rival, Los Angeles sent a clear message to the Western Conference: they are healthy, motivated and ready for the playoffs.
Fans and analysts alike flooded social media with highlights of James’ dunks, no-look passes and defensive stops. Clips of the 28-point, 12-assist masterclass quickly went viral, adding to the evening’s buzz.
With the regular season nearing its conclusion, the Lakers’ 101-73 triumph over the Suns will be remembered as a pivotal moment in their quest for another deep playoff journey. Phoenix, conversely, must find answers quickly to avoid fading from contention.
The Western Conference standings tightened further with this outcome, but Los Angeles solidified its place among the elite. As both teams eye the postseason, Friday night belonged decisively to the Lakers and their ageless leader.
Business
From complexity to clarity: How AI is transforming insurance for customers
What we are witnessing today, however, is not just another step in digitisation. It is a fundamental shift in how customers understand, evaluate, and experience insurance.
A large majority of insurance journeys today begin online. Industry estimates and regulatory insights suggest that over 70% of customers now start their search digitally, a sharp increase over the past decade.
As highlighted in multiple industry analyses and digital adoption studies, this shift reflects not just increased internet penetration, but a bigger behavioural change in how customers approach financial decisions.
At the centre of this transformation is Artificial Intelligence, which is not just improving processes but reshaping the entire customer experience.
Insurance has traditionally been perceived as complex. For most customers, understanding policies meant going through multiple documents, comparing fine print, and relying heavily on intermediaries to interpret technical details.
Even for well-informed customers, navigating different websites, product brochures, and policy wordings could be overwhelming. AI is changing this in a very fundamental way. It is turning what used to be a search-driven process into a conversation.Today, a customer does not have to browse through multiple pages or interpret complex documents to understand insurance. They can simply ask questions in plain language and receive clear, contextual, and relevant responses instantly.
Whether it is understanding what a policy covers, comparing two products, checking waiting periods, or evaluating claim-related aspects, AI is making this information available in a far more intuitive manner. This shift is significant.
According to industry estimates, AI-driven recommendation engines and assisted journeys have the potential to reduce decision-making time by as much as 60-70%. Instead of spending hours navigating information, customers can now arrive at informed decisions within minutes.
The interaction becomes natural and personalised, almost like speaking to a knowledgeable advisor who is always available. What makes this even more powerful is that the responses are not generic. They are tailored to the customer’s specific needs, helping them focus on what truly matters rather than getting lost in excessive information.
This ability to simplify comparisons is one of the most important contributions of AI.
Insurance decisions are rarely about price alone. They involve understanding coverage, service quality, network strength, and long-term reliability. AI helps bring all these factors together in a way that is easy to understand and act upon.
Beyond discovery and comparison, AI is also enhancing the overall customer experience. AI powered assistants today can handle a significant share of routine queries. Various industry studies suggest that AI led bots can manage up to 60-80% of standard customer interactions, enabling round the clock support and faster resolution times.
Processes such as onboarding and policy issuance are also becoming faster and more seamless. Activities like document verification and policy issuance, which earlier took days, are now completed within minutes through automation and digital integration. This improvement in speed and simplicity directly contributes to greater customer confidence.
The impact of AI becomes even more meaningful when we look at India beyond the large urban centres. For customers in Tier 2 and Tier 3 cities, access to insurance has often been limited by a combination of awareness, complexity, and availability of guidance. At the same time, these markets are driving the next wave of digital growth.
According to industry reports and insurer data, over 50% of new digital insurance customers are now coming from Tier 2 and Tier 3 locations. AI has the potential to act as a powerful bridge in this context. Through voice-based interactions, regional language capabilities, and simplified interfaces, AI enables customers to engage with insurance in a way that is comfortable and familiar.
A customer does not need to be financially sophisticated or digitally advanced to ask a question and understand the answer. This is where AI can play a transformative role in reducing the digital divide. It removes the need for customers to navigate complex systems or rely solely on physical access points. Instead, it brings information, guidance, and support directly to them in a simple and accessible format.
India’s insurance penetration continues to remain below global averages. According to the data from the Government of India and IRDAI, insurance penetration stands at around 3.7% of GDP, compared to significantly higher global benchmarks.
This highlights the scale of the opportunity as well as the need to expand access and awareness. Bridging this gap requires not just more products or distribution, but simpler and more intuitive ways for customers to understand and trust what they are buying. AI is uniquely positioned to support this transition.
Looking ahead, the role of AI will continue to deepen. Insurance will become more intuitive, more personalised, and more responsive to individual needs. Customers will not just seek information, but expect guidance that is relevant, timely, and easy to act upon.
For a country as large and diverse as India, the ambition of Insurance for All will require scale, innovation, and collaboration across the ecosystem. Technology, and particularly AI, will be an important enabler in making this vision a reality. This is not just about adopting new tools. It is about reimagining how the industry connects with customers.
From selling policies to building confidence, from transactions to relationships, and from complexity to clarity, the shift is already underway. In many ways, AI is helping the industry deliver on its most important promise. To make insurance simple, understandable, and accessible for every Indian.
(The author Dr. Tapan Singhel, MD & CEO, Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited)
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Business
725X jump: Sebi bans 39 entities for alleged stock price manipulation in interim order
In a 47-page interim order issued on Friday, the securities market watchdog restricted the company’s promoters/directors Ira Mishra, Sumita Mishra and Ramesh Mishra, three entities viz. Multiplier Share & Stock Advisors Pvt. Ltd, Pace Stock Broking Services Pvt. Ltd and Neo Apex Venture LLP along with 33 others from buying and selling the stock.
While directing depositories NSDL and CDSL to freeze the equity shares of RRP in the demat accounts of the accused, Sebi also ordered the impounding of approximately Rs 2 crore made as “unlawful gains” by the three entities.
Incorporated in 1980 and formerly known as G D Trading and Agencies, the company was engaged in trading investment and trading activities. The smallcap stock has a market capitalization of Rs 13,265 crore on the BSE.
The regulator ordered a preliminary examination against the company for alleged unfair trading practices undertaken during the period between April 2, 2024 and October 31, 2025. However, Sebi also made references outside this period, the order said.
Sebi investigation
The Sebi examination revealed that several entities involved in the off-market transfers were connected through calls, fund transfers or common addresses.
“The trading pattern, scale of price increase, and interconnectedness of entities reflect a level of planning and coordination that is inconsistent with independent trading behaviour. The magnitude and speed of the price rise, together with the absence of any positive change in financials / business plans of the Company, are strongly indicative of manipulation in the scrip of RRP,” the order read.
The order also noted shareholding of promoters reduced from 74.5% to 1.28% after the preferential allotment 1,35,25,000 shares to 31 entities following shareholders’ approval at the EGM held on May 27, 2024.
The order further noted a significant mismatch between the company’s financials and the surge in share price. “While the financials exhibited a steady deterioration over the quarters of 2025, the share price of RRP surged from Rs 185.50 on January 1, 2025 to Rs 10,887.10 on October 31, 2025, representing an increase of over 58 times,” the order added.
Top contributors to last traded price (LTP) gains have already exited their positions, booking significant profits. Meanwhile, there has been a sharp surge in the number of public shareholders, suggesting that retail investors were drawn into the stock at elevated and possibly inflated prices.
The shareholder base expanded rapidly—from just 55 investors in March 2024 to over 1,200 by February 2026—despite regulatory measures. This steady rise indicates continued retail participation even as earlier investors exited.
Additionally, the order noted investor interest appeared to have been fueled by misleading and unverified information circulating on social media. Rumours around high-profile associations, large land allotments, and industry recognition created a positive narrative, which the company itself later acknowledged and clarified as misleading.
BSE has already restricted trading in RRP Semiconductor. Its last traded price was Rs 9,736.40 on March 30, 2026.
(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
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