Mumbai: India’s headline equity indices extended gains to the second straight day, recouping in two sessions nearly a third of the losses made since the start of the West Asia conflict, and restoring about Rs 16.15 lakh crore in market capitalisation. Investors have regained some confidence across Asian markets on cooling crude oil prices and talk of communication between the US and Iran aimed at bringing an end to the war.
The NSE Nifty rose 394 points, or 1.7%, to close at 23,306.45 on Wednesday. Analysts said the recovery could continue over the next few days and the Nifty may go up to 23,800 in the coming days. The BSE Sensex rose 1,205 points, or 1.6%, to end at 75,273.45. Over the last two sessions, the two indices have risen nearly 3.5% each.
Both had fallen almost 10.6% each from the start of the conflict until Monday. Since February 28, when the war began, market cap in India is down ₹32.87 lakh crore.
Elsewhere in Asia, Japan was up 2.9%, China advanced 1.3%, Hong Kong rose 1.1%, South Korea gained 1.6% and Taiwan rose 2.5%. The pan-Europe index Stoxx 600 was up 1.5% at press time.
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Analysts Suggest Extended Recovery
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Wall Street’s main indices were also on an upward trajectory as of press time. “The recent de-escalation in the West Asian conflict suggests that the worst may be behind us,” said Pankaj Pandey, head of fundamental research at ICICI Direct. “While the situation remains fluid and a formal ceasefire is still awaited, markets are likely to extend their recovery in the near term, barring any fresh adverse developments.” Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services, said markets are likely to extend their recovery in the near term as long as the Nifty holds above 23,000 levels. Taparia said that a move toward 23,850 appears possible as the index emerges from oversold zones and is showing signs of a bullish divergent pattern. “However, an elevated volatility index remains a concern, which is yet to ease despite the market’s recovery,” he said.
India Volatility Index (VIX) – popularly known as the fear gauge – fell marginally by 0.4% to 24.64 levels. Normally, VIX cools off when indices rise, and a higher level may indicate traders remain cautious about the future.
“However, as crude oil prices may take longer to stabilise, the recovery is unlikely to be V-shaped. That said, over the next three to six months, we expect losses stemming from the conflict to be largely recouped,” said Pandey.
He said the recovery is likely to be led by autos, metals and BFSI (banking, financial services, insurance), with large-cap stocks offering the most favourable risk-reward profile.
“Investors may consider waiting for greater stability before increasing exposure to mid and small-cap stocks,” Pandey said.
Bhagwan Marine will build on the success of its first-ever decommissioning project, with the award of a contract for works to remove moorings and buoys at Barrow Island.
Fox News contributor Donna Rotunno and Kurt ‘CyberGuy’ Knutsson discuss jury deliberations in the social media addiction trial involving tech giants Meta and Google reaching a seventh day on ‘The Bottom Line.’
Meta is cutting roughly 700 jobs on Wednesday, a source familiar with the matter confirmed to FOX Business.
The layoffs are expected to affect several key areas, including Reality Labs, Facebook, recruiting operations and sales, the source said.
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A spokesperson for the company said the layoffs are part of ongoing restructuring efforts, noting that the tech giant regularly adjusts its workforce to better align with its goals.
In this photo illustration, the app icons of Facebook, Messenger, Instagram, WhatsApp and Oculus VR are displayed on a smartphone screen with a Meta logo. (Onur Dogman/SOPA Images/LightRocket via Getty Images / Getty Images)
The company is also working to place some affected employees into other roles where possible.
“Teams across Meta regularly restructure or implement changes to ensure they’re in the best position to achieve their goals,” the spokesperson said. “Where possible, we are finding other opportunities for employees whose positions may be impacted.”
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The move comes as Meta faces financial pressure tied to its aggressive investment in artificial intelligence infrastructure, Reuters reported.
A security guard stands watch by the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc. in Mountain View, Calif., Nov. 9, 2022. (Reuters/Peter DaSilva/File Photo / Reuters Photos)
Earlier this month, Reuters reported that the tech giant was planning layoffs that could affect 20% or more of its workforce as it looks to offset those costs and improve efficiency through AI-driven tools.
Meta had nearly 79,000 employees as of Dec. 31, according to Reuters.
Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial Feb. 19, 2026. (Jon Putman/Anadolu via Getty Images / Getty Images)
The job cuts also come amid legal challenges for the company.
A Los Angeles jury on Wednesday found Meta and Google liable in a closely watched case alleging their platforms were designed to addict young users, awarding $3 million in damages.
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FOX Business’ Michael Sinkewicz contributed to this report.
Good evening, and welcome to Quadient’s Full Year 2025 Results Presentation. I am Anne-Sophie Jugean, Quadient’s Head of Investor Relations. Today’s presentation will be hosted by Geoffrey Godet, CEO; and Laurent Du Passage, CFO. The agenda for today’s call is on Slide 3. As usual, there will be an opportunity to ask questions at the end of the presentation. You can submit your questions in writing through the web or ask questions live by dialing into the conference call.
Thank you very much. And with that, over to you, Geoffrey.
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Geoffrey Godet CEO & Director
Thank you, Anne-Sophie. Good evening, everyone. So let me start by setting out the market context for Quadient. Over the past few years, we’ve been operating in an environment shaped by powerful structural trends. In 2025, these trends did not change in nature, but they accelerated simultaneously reaching a new level of momentum. So the first one is there is, in ’25, a marked step change in artificial intelligence. Rapid advances in AI are accelerating digitalization across industries and reinforcing the long-term demand for software solution. This is not a short-term phenomenon.
AI is fundamentally reshaping how enterprise automate, secure and scale mission-critical workflows, well beyond any single use — sorry, any single use case and regulatory cycle. What customers increasingly require our software platform that can deliver value quickly, integrate AI natively, including agents and responsibly into system of records and reliably operate within complex legal, regulatory and data security environment. In this context, AI-driven digitalization spans our entire digital portfolio from
When Meta (META) started building their Superintelligence team (MSL) in mid-2025, I certainly expected to see faster progress than what we have seen from them so far. I wonder if the Llama 4 fiasco, as well as the backlash
It will be the first time humans have returned to the moon since 1972
Goonhilly Earth Station in Cornwall(Image: Goonhilly Earth Station)
A Cornish space centre is to provide communications support to the world’s first manned moon mission in more than half a century. Goonhilly, a ground station near Helston, will play a role in NASA’s historic Artemis II voyage by passively tracking the Orion spacecraft as it journeys around the moon and back to earth.
Staff at the satellite company believe tracking the spacecraft will demonstrate the UK – and Cornwall’s – capability to support deep-space missions from British soil.
The mission will mark the first time humans have returned to the moon since 1972, with Apollo 17. It will also include the first woman and black astronaut to travel beyond low earth orbit.
Matthew Cosby, CTO of Goonhilly Earth Station, said: “Artemis II marks a significant milestone in humanity’s return to the moon, and we’re proud that the capabilities developed here in Cornwall are contributing to that mission.
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“From our site, we will support tracking of the Orion spacecraft, showcasing our readiness for future crewed Artemis missions. At the same time, we are positioning the UK to play a key role in NASA’s longer‑term Moon‑to‑Mars exploration strategy.”
In 2022, Goonhilly provided critical communication and tracking support for NASA’s Artemis I. Using its 32-metre GHY-6 antenna and expert teams, the facility tracked the mission’s uncrewed Orion spacecraft and communicated with six of the CubeSats launched on the mission.
For Artemis II, tracking will focus on the crewed Orion spacecraft as it journeys beyond low earth orbit, flying around the moon, and returning to earth.
Goonhilly is one of a limited number of organisations worldwide with the infrastructure required to support deep-space communications. The site was involved in broadcasting the Apollo 11 Moon landing in 1969 as well as supporting modern missions to the moon and Mars.
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UK space minister Liz Lloyd said: “Goonhilly’s rich heritage in space communication continues to inspire. It’s fantastic to see Cornwall once again at the heart of a truly historic moment in human spaceflight. This partnership with NASA shows what British expertise and innovation can achieve on the world stage, while creating opportunities for skilled jobs and growth right here in the UK.”
Elsewhere, Goonhilly is working with the UK Space Agency and NASA to explore downlink solutions for near-real time space weather measurement enabled by NASA’s Interstellar Mapping and Acceleration Probe (IMAP).
This new heliophysics observatory is designed to study particle acceleration and the boundary to interstellar space, and at the same time provides solar wind and space weather observations.
Lynas Rare Earths has shaken hands with a South Korean power and communications manufacturing firm to work towards developing a rare earths metals production facility in Vietnam.
| Revenue of $134.49M (47.41% Y/Y) beats by $1.95M
Karman Holdings Inc. (KRMN) Q4 2025 Earnings Call March 25, 2026 4:30 PM EDT
Company Participants
Steven Gitlin – Senior Vice President of Investor Relations & Corporate Communications Jonathan Rambeau – Chief Executive Officer Anthony Koblinski – Chief Executive Officer Michael Willis – Chief Financial Officer Jonathan Beaudoin – Chief Operating Officer
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Conference Call Participants
Peter Arment – Robert W. Baird & Co. Incorporated, Research Division Kenneth Herbert – RBC Capital Markets, Research Division Clarke Jeffries – Piper Sandler & Co., Research Division John Godyn – Citigroup Inc., Research Division Louie Dipalma – William Blair & Company L.L.C., Research Division Alexandra Eleni Mandery – Truist Securities, Inc., Research Division Austin Bohlig – Needham & Company, LLC, Research Division Victor Santiago Michael Leshock – KeyBanc Capital Markets Inc., Research Division
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Presentation
Operator
Thank you for standing by, and welcome to the Karman Space & Defense Fourth Quarter and Full Fiscal Year 2025 Earnings Conference Call. [Operator Instructions]
I’d now like to turn the call over to Steven Gitlin, Senior Vice President of Investor Relations. You may begin.
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Steven Gitlin Senior Vice President of Investor Relations & Corporate Communications
Good afternoon, and thank you for joining Karman Space & Defense’s Fourth Quarter and Full Fiscal Year 2025 Earnings Conference Call. I’m Steven Gitlin, Senior Vice President of Investor Relations and Corporate Communications, and I’m pleased to welcome you today. Joining me on today’s call are Jon Rambeau, our new Chief Executive Officer; Tony Koblinski, our Director and former Chief Executive Officer; Mike Willis, our Chief Financial Officer; and Jonathan Beaudoin, our Chief Operating Officer.
Before we begin, please note that on this call, certain information presented contains forward-looking statements that are based on current expectations, forecasts and assumptions and that involve risks and uncertainties. These are described on Page 2 of the earnings presentation we posted to our website this afternoon and in detail in Karman’s
With rapid economic growth on one side and its net-zero commitments on the other, the ASEAN region must innovate in order to close the clean energy investment gap.
South-East Asia faces a critical $150 billion annual shortfall in clean energy investment required to meet its 2050 climate commitments amid rising economic growth and energy demand. To bridge this gap and reduce reliance on costly fossil fuel imports, the region must implement strategic reforms to enhance financial transparency, leverage blended finance through development institutions, and mitigate currency risks for private investors. Ultimately, a successful energy transition depends on coordinated public-private collaboration to dismantle barriers to foreign capital and capitalize on the region’s sustainable economic potential.
Key Points
South-East Asia requires $180 billion in annual clean energy investment by 2030, yet only $30 billion was invested annually between 2016 and 2020.
Rapid urbanization and industrialization are driving energy demand, and failing to transition could result in oil and gas import bills exceeding 5% of the region’s GDP by 2030.
Major ASEAN economies, including Indonesia, Vietnam, Thailand, and Malaysia, have committed to net-zero emissions or carbon neutrality by 2050.
A significant barrier to global investment is the lack of transparent data regarding the cost of capital and financial performance of renewable projects in emerging markets.
1. Greater transparency and the wider availability of data around the financial performance and cost of capital for clean energy projects
The scarcity of data on clean energy in Southeast Asia poses a significant challenge for global investors considering investments in ASEAN renewables. Enhanced transparency regarding the cost of capital, both in emerging markets broadly and the ASEAN region specifically, is essential.
The Cost of Capital Observatory, launched by the International Energy Agency in partnership with the World Economic Forum, Imperial College London and ETH Zürich, aims to address this need. By providing reliable data and improving transparency around clean energy investment in emerging economies, the Observatory will help address data obstacles experienced by investors.
2. An enhanced role for development finance institutions (DFIs) and blended finance
Renewable energy investments in South-East Asia encounter significant challenges, including financing constraints and bankability issues, which hinder the mobilization of capital from commercial and financial providers. Blended finance, by utilizing catalytic capital from public sources, can play a pivotal role in addressing these barriers and boosting private sector investments. Notably, an increased deployment of blended finance by Development Finance Institutions (DFIs) could help ensure that projects adhere to stringent climate and compliance standards while facilitating the establishment of robust contractual and financing frameworks for renewable energy initiatives.
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The World Bank has been working with governments in the ASEAN region to develop carbon pricing mechanisms that could help put renewable energy on a level playing field with other fossil fuel-based generation technologies. Initiatives such as the Climate Action Data Trust illustrate the type of solutions that can provide technical assistance in building a regional voluntary carbon market.
3. Greater access to risk-hedging tools to address credit and currency risks for private investors
Private investors often encounter heightened credit and currency risks in South-East Asia. Safeguarding against foreign currency fluctuations proves particularly difficult, especially given the long timeframes commonly associated with clean energy infrastructure projects.
A proposal to address this risk was made by the Center on Global Energy Policy of Columbia University, the World Economic Forum and the World Bank Climate Change Group’s Invest4Climate programme. A clean energy Exchange Rate Coverage Facility (ERCF) would increase clean energy finance in emerging economies by protecting foreign currency lenders and domestic sponsors against the depreciation of local currency payments by leveraging credits generated by clean energy projects, blended finance mechanisms and private international capital.
ASEAN faces a critical challenge: balancing rapid economic growth with ambitious net-zero emissions targets. To achieve this, the region must bridge a significant clean energy investment gap. This requires innovation in financial mechanisms, policy frameworks, and technological solutions. By fostering an environment conducive to investment in renewables, energy efficiency, and sustainable infrastructure, ASEAN can drive economic development while simultaneously decarbonizing its energy sector. Innovative approaches are crucial for unlocking the necessary capital to transition to a clean energy future and meet its climate commitments.
The New York Times Wordle puzzle for Thursday, March 26, 2026, presented players with a moderately tricky challenge as many grappled with an uncommon verb that tests vocabulary depth and strategic guessing, ultimately revealing “BEFIT” as the solution in puzzle No. 1,741.
Wordle
Wordle enthusiasts logging in after midnight in their time zones encountered a five-letter word that proved elusive for some, with official testers averaging 5.5 guesses out of six — classifying it as very challenging compared to easier daily puzzles. The answer, a verb meaning “to be suitable or proper for; be suited or becoming to,” according to Webster’s New World College Dictionary, rewarded those who combined letter frequency knowledge with contextual clues.
**Subtle Hints for Today’s Puzzle**
Before diving into spoilers, here are spoiler-free hints designed to guide solvers without revealing the word:
– The word is a verb with no repeated letters. – It contains two vowels. – It starts with a hard “B” sound and ends with a hard “T” sound. – It rhymes with “refit” and is often used to describe something appropriate or fitting for a situation, such as proper behavior or a suitable reward. – Synonyms include “suit,” “become” or “fitting.”
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These clues point toward a somewhat formal or literary term rather than everyday slang, which may explain why some players exhausted several attempts before landing on the correct combination.
**Today’s Wordle Answer: BEFIT**
**Warning: Full solution ahead.**
The solution to Wordle No. 1,741 is **BEFIT**.
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The word “befit” is a transitive verb commonly found in more formal writing or speech. Examples include: “The elegant gown befits the occasion” or “Such generosity befits a leader of his stature.” It derives from the prefix “be-” combined with “fit,” emphasizing suitability or appropriateness.
Many solvers who reached the final guesses narrowed it down to words ending in “-FIT” or starting with “B,” with “BEFIT” emerging as the precise match once vowels and consonants aligned. Players who started with strong openers like “SLATE,” “TRIAL” or “BEGAN” often picked up yellow or green tiles early, particularly the “B,” “E,” “I” and “T” letters, though positioning required careful testing.
**How Players Approached the Puzzle**
Typical solving paths began with high-frequency letter words to maximize information. Common starters such as “SLATE” (suggested by Wordle Bot) or “CRANE” helped eliminate or confirm vowels and popular consonants. One reported sequence involved guessing “TRIAL,” which left 65 possible solutions and yielded two yellow tiles, followed by adjustments with words like “PIETY” and “CUTIE” before settling on “BEFIT” over close alternatives like “DEBIT.”
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Others started with “B” words to test the initial letter early, such as “BEGAN,” “BITER” or “FIGHT,” which quickly confirmed or ruled out key placements. The absence of repeated letters and the specific vowel placement (E and I) narrowed the field significantly by guess three or four for efficient players.
Community discussions on social media and forums highlighted the puzzle’s deceptive simplicity. While the letters themselves are relatively common in Wordle solutions, the combination formed a less frequently used word, catching some off guard after yesterday’s potentially more approachable answer. Average scores hovered higher than on easier days, with many reporting four- or five-guess solves and some needing all six attempts.
**Strategies for Mastering Wordle**
Successful Wordle players emphasize a mix of statistical knowledge and adaptability. Begin with a word containing multiple vowels and common consonants — “ADIEU,” “AUDIO,” “SLATE” or “TRACE” are popular choices that provide broad coverage. Avoid repeating letters in early guesses to gather maximum unique information.
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Once feedback appears in green (correct letter and position), yellow (correct letter, wrong position) or gray (not in the word), prioritize testing remaining possibilities systematically. For instance, if “B” and “T” appear early, focus on five-letter verbs or adjectives that fit the emerging pattern.
Advanced strategies include maintaining a mental or noted list of eliminated letters and using process of elimination. Tools like the official Wordle Bot can analyze personal solves for efficiency, comparing them against optimal paths. Many recommend avoiding obscure proper nouns or overly technical terms unless clues strongly suggest them.
For today’s puzzle, recognizing the “be-” prefix common in English verbs (befit, become, bestow) could have accelerated solutions for linguistically inclined players. The hard “T” ending further limited options to words like “befit,” “debit” or similar, with context ruling out financial terms.
**Broader Popularity and Context**
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Wordle, acquired by The New York Times in 2022, continues to captivate millions daily with its simple yet addictive formula. Released at midnight in each player’s time zone, the game fosters global community through shared scores posted as emoji grids on social platforms. Hashtags like #Wordle and discussions in dedicated Reddit communities thrive as players compare streaks and commiserate over tough days.
Puzzle No. 1,741 fits into a week of varied difficulty, following Wednesday’s solution and preceding Friday’s fresh challenge. The New York Times publishes official reviews that provide definitions, tester averages and community conversation, helping players reflect on their performance.
Educators and linguists praise Wordle for building vocabulary, pattern recognition and deductive reasoning skills. It has inspired countless variants and classroom adaptations, proving its staying power beyond casual entertainment.
For those who missed today’s word, remember that each new puzzle resets at midnight. Maintaining a streak requires consistent play, but occasional losses offer learning opportunities. Resources like hint guides, starter word lists and analysis tools abound online for those seeking to improve.
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**Tips for Tomorrow and Beyond**
– Track common letter frequencies: E, A, R, I, O, T, N and S appear most often. – Consider word families and prefixes/suffixes when patterns emerge. – Take breaks if frustration builds — fresh eyes often spot connections missed under pressure. – Use the built-in share feature responsibly to engage friends without spoiling for others. – Explore related NYT Games like Connections or the Mini Crossword for a full daily brain workout.
Whether you solved “BEFIT” in three guesses or needed the full six, today’s puzzle delivered a satisfying mental stretch. It underscored the balance Wordle strikes between accessibility and challenge, drawing on both common knowledge and occasional deeper vocabulary.
As players await the next grid, many will review their solve with Wordle Bot or discuss strategies in online forums. The game’s enduring appeal lies in its blend of luck, skill and daily ritual — a small but consistent highlight in busy routines.
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For the official experience, visit nytimes.com/games/wordle. Share your results, celebrate wins and prepare for whatever linguistic curveball Friday brings.
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