Crosses

• India's data center sector is experiencing significant growth driven by AI demand, with cumulative colocation leasing reaching 2.06 GW in 2025. • The surge is attributed to the increasing need for high-compute infrastructure to support artificial intelligence applications across the country. • This growth highlights India's emerging role as a critical hub for digital infrastructure and AI deployment in the global market.

• The BSE Sensex rose over 300 points and the Nifty50 crossed 23,450 on Tuesday, recovering from an initial opening in the red. • Global markets showed volatility, with the MSCI Asia-Pacific index slipping 0.5%, South Korean equities falling 2%, and Japan's Nikkei 225 dropping 0.7%. • Market instability is attributed to conflicting signals regarding Middle East negotiations between Iran and the United States, specifically contradictory statements from President Donald Trump.

• Japan's Nikkei benchmark index surged 2.75% to reach a historic all-time high of 65,081.96, crossing the 65,000 mark for the first time. • The rally occurred amid thin holiday trading across Asia, with the broader Topix index also rising 0.65% while Australia's S&P/ASX 200 remained largely unchanged. • Market sentiment was influenced by slumping oil prices driven by expectations of a potential deal involving Iran.

• A viral social media trend known as the "Cockroach Janata Party," which originated in India, has spread across the border into Pakistan. • The movement has evolved into several regional variations, including the Cockroach Awami Party, Cockroach Awami League, and the Muttahida Cockroach Movement. • These satirical groups, such as the Cockroach Awami Party, describe themselves as political fronts created "of the youth, by the youth, for Pakistan."

• ICICI Bank reported Q4 FY26 net profit of ₹12,949 Cr, surpassing street estimates and bringing annual profit to ₹50,000 Cr milestone. • The bank declared a ₹12 dividend per share, signaling confidence in its financial performance and shareholder returns. • Strong Q4 results reflect robust performance in India's banking sector amid evolving market conditions.

Weakening system expected to bring severe weather across parts of NT already saturated from recent rains and flooding. Follow live updatesGet our breaking news email, free app or daily news podcastWelcome to another Sunday Guardian live blog.We’ll continue to bring you the latest on Tropical Cyclone Narelle, which crossed the Northern Territory coast early this morning as a severe category three system, and will continue moving west bringing rain and dangerous storm surges across the Top End.Within this severe weather warning zone, we will see 24-hour rainfall totals of between 180 to 230 millimetres and some isolated locations could see more than 300mm, particularly to the north of Katherine, and this could produce dangerous and life-threatening flash flooding. Continue reading...