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Netflix raises prices on all US subscription plans
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Netflix has increased prices across its US subscription tiers, with the ad-supported plan rising from $8 to $9 per month. The standard ad-free plan now costs $20, up from $18, and the premium plan is $27, previously $25. The changes take effect immediately for new subscribers and will roll out to existing ones in coming weeks.
A truck carrying 413,793 KitKat bars, weighing 12 tons, was stolen while traveling from central Italy to Poland, Nestlé announced. The shipment disappeared last week, prompting an investigation by authorities. The theft risks shortages in stores ahead of Easter.
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Goldman Sachs’ Indian equity portfolio, managed through its global funds, dropped 36% in the fiscal year ending March 2026, shrinking from Rs 11,940 crore to Rs 7,610 crore as of March 27. While about 28 of its roughly 48 stocks declined between 10% and 60%, with five major holdings losing over 50%, one standout performer delivered 107% gains.
The Centre has raised commercial LPG allocation to states and union territories to 70% of pre-crisis levels, prioritising steel, automobiles, textiles and chemicals industries. The move comes amid supply disruptions from the West Asia war's closure of the Strait of Hormuz, enabled by higher domestic production and imports from outside the region.
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The Indian rupee weakened further to breach 94 and approach 95 against the US dollar—a new record low—following its prior plunge to 93.73 last week. Surging crude oil prices from Red Sea tensions and fears of a prolonged Gulf war drove the slide, while Indian stocks extended losses into a fifth consecutive week. Limited Reserve Bank of India intervention has heightened concerns of additional depreciation.
Chile's National Economic Prosecutor's Office (FNE) has ordered an investigation into the effects of Molycop's acquisition by India's Tega Industries and Apollo Global Management funds. The deal, announced in September 2025 and valued at about $1.5 billion, gives Tega a 77% stake and Apollo 23%. The regulator aims to rule out risks to free competition in the national market.
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Bertelsmann CEO Thomas Rabe announced in a Handelsblatt interview that India will play a much larger role for the company, targeting one billion euros in revenue. He emphasized pushing internationalization in his final months as CEO.
Former Raymond chairman Vijaypat Singhania dies at 87
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