Pakistan after losing four games in row, finally defeated Bangladesh. With this win, they still have a ray of hope to qualify for semi-finals if they go onto win their remaining two games. One among New Zealand & Australia should lose all their remaining games, while Afghanistan also should lose two more games. Sri Lanka and Netherlands also should lose.

India's first vertical lift sea bridge, the new Pamban Bridge in Tamil Nadu, got stuck on the day of inauguration, The Hindu reported. The lift span was seen in a slanted position in videos that surfaced on social media. After approximately 30 minutes of troubleshooting, officials managed to bring the lift back down, The Hindu said.

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday announced that the cost of each LPG cylinder will be hiked by ₹50 for Ujjwala and non-Ujjwala consumers. "This means the price of each cylinder will go up from ₹500 to ₹550 for Ujjwala beneficiaries. For others, it will go up from ₹803 to ₹853," Minister Puri added.

After the government announced ₹2 per litre hike on petrol and diesel on Monday, Ministry of Petroleum and Natural Gas said the retail prices won't be affected. "PSU Oil Marketing Companies have informed that there will be no increase in retail prices of Petrol and Diesel, subsequent to the increase effected in Excise Duty Rates," the ministry tweeted.

Sensex crashed around 2,200 points on Monday as fears of a global trade war grew after US President Donald Trump announced tariffs on several countries. The Sensex and Nifty crash was preceded by a market rout on Wall Street and other major Asian markets like Japan, Singapore and China. Foreign portfolio investors (FPIs) have also resumed selling Indian equities again.

India's benchmark indices Sensex and Nifty closed 3% lower on Monday after most Asian markets witnessed wipeouts similar to 1987's Black Monday. Sensex ended 2,226 points lower at nearly 73,130 while Nifty closed over 700 points lower below 22,200. Trent, Tata Steel, Larsen and Toubro, JSW Steel, Hindalco Industries and Tata Motors were biggest losers on both Sensex and Nifty.

The government on Monday announced that it has increased excise duty on petrol and diesel by ₹2 per litre. "This notification shall come into force on the 8th day of April, 2025," the notice released by the Ministry of Finance stated. The decision comes amid ongoing fluctuations in global oil prices and Trump's tariffs.

Goldman Sachs has raised odds of a US recession to 45% in the next 12 month as fears of a trade war grip markets after US President Donald Trump's tariffs. Goldman had raised the probability of a US recession to 35% from 20% just last month. Earlier, JP Morgan put the odds of a US and global recession at 60%.

India will reportedly not retaliate against US tariffs. PM Narendra Modi's administration has looked into a clause of Trump's order that offers possible reprieve for trading partners who "take significant steps to remedy non-reciprocal trade arrangements", an Indian official told Reuters. Another official said India sees advantage in being among first nations that initiated trade talks with US.

As Indian markets crashed on Monday, Nifty IT fell over 5%, while Nifty Metal and Pharma fell over 7% and 3%, respectively. Nifty Realty saw a drop of over 5% and Nifty PSU Bank crashed 4%. Nifty Media and Nifty Auto crashed nearly 7% and nearly 5%, respectively. The Sensex has crashed by nearly 3,000 points.

Investors lost around ₹19 lakh crore from their wealth on Monday after Indian stock market crashed amid a global selloff triggered by escalating trade tensions and rising recession fears in the US. Sensex crashed around 3,000 points, while Nifty was down by almost 1,000 points. All major sectors were in the red, with Nifty IT falling over 7%.