36 C 
Young savers drift away as retirees prop up bank deposits
Although banks losing depositors to other avenues is not new, fresh RBI data sheds light on how young Indians are no longer reliant on banks
CBI arrests Darwin Labs co-founder Ayush Varshney in 20,000 crore Gain Bitcoin scam case
Darwin Labs designed and developed the digital infrastructure which formed the operational backbone of the alleged fraudulent enterprise Gain Bit
Sensex, Nifty tumble over 1 pc during afternoon session
Mumbai: Benchmark equity indices Sensex and Nifty were trading sharply lower during afternoon session on Wednesday, March 11, after a days breath
Theillusion of 41%andaquietre-engineering ofIndiasfiscalfederallandscape
AI startup Thinking Machines clinches capital and a major chip supply deal from Nvidia
The partnership also highlights Nvidias growing role as a financier of the startups that rely on its AI chips
Skye Air Mobility raises $9 million in Series B to expand drone delivery network
With the new investment, the company intends to expand its drone delivery operations beyond Delhi-NCR into major cities including Bengaluru, Mumb
Palm oil export demand cools as West Asia conflict lifts freight, insurance costs
ndonesia is the world's largest exporter of palm oil, used in foods, cosmetics and cleaning products. The oil accounts for more than half of glob
Airlines hike fares amid swinging oil prices, jet fuel shortage fears
Demand for alternative routes to Europe that bypass West Asia is also surging, pushing up ticket prices
Oil shock, market jitters: What West Asia tensions mean for investors
Oil spikes, FII selling and geopolitical tensions have shaken markets and retail portfolios. Experts say investors should stay disciplined, deplo
IndiGo shares rise after CEO quits; analysts see smooth transition
IndiGo, which commands about 65% market share in India - the worlds fastest-growing aviation market, had to cancel 4,500 flights in December afte
Theatres empty as Ramzan, exams, sports wreak havoc
Ramzan, school exams, and the T20 World Cup have severely impacted the movie industry, leading to delayed releases. Anticipation builds for Dhura
Global ETF premiums soar. Should investors wait or buy?
Global equity schemes allow investors to tap opportunities across markets worldwide. Strong demand has pushed international ETFs to trade at a pr
Indian airlines to expand international air connectivity from March 12: MoCA
MoCA says airlines are making necessary operational arrangements in response to the evolving situation in West Asia
India urea producers shut plants as Iran war cuts LNG flows
LNG is the primary feedstock for urea production, serving as an energy source and a key input in making the worlds most widely used fertilizer
CUSAT develop UV technology to reduce electrical conductivity in coir pith
The team demonstrated that by using ultraviolet (UV) radiation, the salinity in coir pith can be effectively reduced, resulting in a decrease in
Polymarket turns to Palantir for sports betting integrity
Polymarket allows users to buy and sell shares tied to the probability of real-world events, from election outcomes to military strikes
Garuda Aerospace inks deal with Airbus Helicopters for Flexrotor drones
The Flexrotor systems will be integrated into Garudas global fleet and offered to customers through both dry lease and wet lease operational mode
LPG crisis LIVE: Commercial LPG shortage hits hotels, restaurants across India
With the widening West Asia conflict disrupting energy supplies, many hotels, restaurants across the country on Tuesday claimed that they were fa
India hosts 55% of global GCCs but faces over 2,000 annual compliance filings
GCCs now play a strategic role for multinational corporations, handling functions such as product engineering, artificial intelligence research,
Arcelor Mittal, Nippon Steel invite EoI for steel fabrication unitin Andhra Pradesh
The company stated in the notification inviting EoI that the execution timeline for the steel fabrication unit will be up to four years
Amazon targeting $37 billion in bond sale amid AI push
The sale attracted about $126 billion of peak demand for bonds in the U.S., a source familiar with the matter said
Global LNG hunt intensifies as West Asia conflict cuts supply
At least eight cargoes initially headed to Europe have been changed course to Asia since the start of the fighting, sources said
Oracle shares jump as revenue climbs on AI demand
The demand for cloud computing for AI training and inferencing continues to grow faster than supply, Oracle said in the earnings report
White House denies Hormuz escort while keeping options open
White House Press Secretary Karoline Leavitt insisted in a briefing Tuesday that the Trump administration was maintaining options to address mark
Reliance Industries seeking to maximise LPG output, divert natural gas to support priority sectors
The Union Govt has invoked the Essential Commodities Act, 1955, to re-prioritise allocation of both natural gas and LPG
Air India, Air India Express to operate 58 flights to and from West Asia
Amid the escalating conflict in the region involving the US, Israel and Iran, airlines are operating services in a calibrated manner as there are
Indian Potash inks pact with Odisha govt to revive Badamba Sugar mill with investment of 360 cr
As part of the MoU, the Odisha government will provide 112 acres of land on a long-term lease basis to IPL for the establishment of the mill and
How the U.S.-Israel conflict with Iran is exposing Indias LPG dependence | Data
The ongoing conflict in the region has disrupted supplies, forcing price hikes and emergency measures which could fall on Indian oil marketing co
Indian exporters face payment and finance challenges amid West Asia crisis; govt assures support
The Indian Banking Association has assured support to address these challenges.
India revives trade pact discussions with Southern African Customs Union
The agreement aims to expand market access for Indian goods in South Africa, Namibia, Lesotho, Eswatini, and Botswana.
Oil prices plunge to $87.8 per barrel as IEA eyes emergency release with Strait of Hormuz in focus
After a Paris meeting of G7 energy ministers, IEA executive director said he was in close contact with energy ministers from key energy producers
Air India announces phased fuel surcharge hike on domestic and international flights
For domestic and South Asia routes, a surcharge of 399 will apply to bookings made from March 12, while West Asia routes will see a $10 surcharge
Stablecoins are a type of cryptocurrency designed to keep their prices stable, usually by linking them to another asset such as a fiat currency o
Cabinet clears 3,631 cr elevated link to connect Jewar Airport with DelhiMumbai Expressway
Noida International Airport recently received Aerodrome License as operational approvals move forward
RBI relaxes dividend rules for banks, keeps capital discipline intact
The most significant modification is about how bad loans are treated while calculating profits available for dividend distribution. In the draft
Air tickets to get costlier as Air India to levy fuel surcharge due to hike in ATF prices
All new bookings made from March 12 will attract a fuel surcharge of 400 on domestic flights
Panel on SEZ policy reforms to evaluate impact, conduct cost-benefit analysis
Industry seeks quick action on measures acceptable to govt instead of discussions goin on `in a loop
Induction stoves fly off shelves amid LPG supply concerns
Induction stove sales soar in India as LPG supply fears drive consumers to seek alternative cooking solutions amid global tensions.
Indias defence shift: Rising capex, falling imports
While Indias defence exports have risen sharply over the past decade, imports declined 9.3% during 202024, compared with the previous five years
Iran war casts shadow on Valleys famed handicraft industry
The sector provides livelihood to around 4.45 lakh artisans and craftsmen, many of whom belong to economically weaker sections, and makes a signi
Womens participation key to raising workforce participation. in effort to sustain economic growth levels
Indias LNG & LPG shortage to be short-lived as new supply routes, domestic production kick in
Government sources say importing natural gas from U.S. & Norway has become economically viable despite the distance, while domestic LPG productio
India eases FDI norms to attract more investments from China in key sectors
Clearer definition of beneficial ownership, faster clearances for select sectors
Economic Stabilisation Fund proposed to manage shocks from West Asia tensions
Telecom sector asks govt for priority fuel, power supply amid West Asia crisis
An industry body representing these companies has written to the government seeking priority electricity supply for mobile tower sites and an exe
Karnataka plans to build common Airport for 3 northern districts
Minister M. B Patil said a final decision on the airport's location would be taken only after a meeting with the Chief Minister with public repre
Industree Foundation, SERP launch bamboo processing unit in Andhra
The region is one of Andhra Pradeshs most ecologically rich and tribal areas, where bamboo resources are readily available and hold strong potent
Oil Ministry forms 3-member panel to handle LPG requirement in hospitality sector
The three-member panel includes K Sailendra from Indian Oil Corporation (IOCL); TV Pandiyan from Bharat Petroleum Corporation (BPCL), and Dhruv K
Cabinet gives nod to 12,000 cr infra projects
Green signal to extension of Jal Jeevan Mission
30% cut in natural gas supply to fertilizer firms may affect urea output
As of February 2026, the government imported 98 lt of urea, with an additional 17 lt scheduled in the pipeline over the next three months
Who is Pieter Elbers, the IndiGo CEO who stepped down?
Dutch aviation executive Pieter Elbers, formerly of KLM Royal Dutch Airlines and known for his strong personal branding, often struck a chord wit
Centre declares Madurai Airport as international airport
The announcement comes on the eve of Prime Minister Narendra Modi visiting Tamil Nadu to participate in an NDA rally to be held on Wednesday in T
Should you opt for fixed deposits (FDs) vs public provident fund (PPF), when investing for your future? Check interest rates, tenure, tax benefit
Mauritius market opens for Maharashtra onions
Over 1 lakh tonnes export planned
India to give tariff concession for DDGS imports from US, but with a cap
GVA of agriculture and allied sector up at 48.77 lakh crore for 2023-24 against 20.93 lakh crore in 2014-15
West Asia conflict disrupts gas supply to Maharashtra industry; MNGL invokes force majeure
Small and medium units are most impacted across Maharashtras manufacturing hubs, including the Pune-Chakan-Talegaon belt and Baramati
IndiGo CEO resigns, months after mass flight cancellations
IndiGos promoter Rahul Bhatia will assume the management of the airline in the interim, according to a press statement
Nagauri methi gets registered with plant variety authority
The registration delivers a triple dividend of benefits to farmers such as the protection against biopiracy and unauthorized commercial exploitat
The major news headlines of the day and more
CBIC waives 1,000 Back-to-Town fee for export cargo hit by West Asia crisis
CBIC said it had taken note of disruptions in international shipping and logistics routes arising from the ongoing crisis in West Asia
Rupee rebounds from all-time low to 91.85 against U.S. dollar
Sharp gains in the domestic equity markets, along with a weaker greenback, provided further support to the domestic unit, according to forex trad
Stock markets rebound tracking drop in crude oil prices, rally in global peers
From the 30-Sensex firms, Mahindra & Mahindra, InterGlobe Aviation, Maruti, ICICI Bank, Asian Paints and UltraTech Cement were among the major ga
Price hikes, outlook cuts - What airlines are doing as fuel costs surge
Airlines are resorting to raising ticket prices and fuel surcharge
Government seeks Lok Sabha nod for 2.81 lakh crore gross additional expenditure in FY26
The second batch of Supplementary Demands for Grants was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman
India should aim to be the worlds largest agri and processed food exporter: Goyal
Commerce minister Piyush Goyal said deeper collaboration and value addition can help India aim for global leadership in agri exports.
West Asia conflict could dent India's GDP and push oil to $110: Report
The report highlights that the conflict involves a whole web of countries and its impact may be more severe than many expect
Cabinet clears amendments to insolvency, companies laws
The sources said the Cabinet has cleared various amendments to the Insolvency and Bankruptcy Code and the Companies Act, 2013
Mint Explainer | Why Indian restaurants are raising the alarm over LPG supply
Industry bodies say a government order prioritizing LPG for households has created confusion over commercial cylinder supply used by restaurants.
Government eases FDI norms for China, other countries sharing land border with India: sources
The decision was taken in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi
Inflows into gold ETFs in Feb dropped substantially to 5,255 crore, following a decline in gold prices, compared with 24,040 crore in January
Union Cabinet approves amendments to insolvency law and Companies Act
While specific details were not immediately available, the amendments are aimed at streamlining insolvency resolution processes and strengthening
Fertilizer sector requires imported Regasified Liquefied Natural Gas (RLNG) for the production of urea, with significant supplies of Liquefied Na
SpiceJet chairman says crude oil even at $90 is unsustainable
Local operators, including IndiGo, Air India and SpiceJet, are among the hardest hit outside the Middle East as the Iran war enters its second we
Gas crunch pushes govt to prioritize city supply, curb industry allocations
The government has ordered full supply for households and CNG vehicles while cutting allocations to fertilizer, refineries and industry after dis
Google Cloud and Brahma AI partner up to scale digital likenesses
Through the partnership, enterprises will be able to turn data into experiences through high-fidelity digital humans
Govt seeks Lok Sabha nod for 2.81 lakh cr gross additional expenditure in FY26
HUL, UK government and EY back four Indian startups in plastics and farm tech push
Beyond grant funding, TRANSFORM is providing the startups with strategic consulting from EY and access to HULs commercial and value chain network
Centre invokes Essential Commodities Act to prioritise natural gas allocation to certain sectors
About 30% of Indias overall natural gas consumption is routed through the Strait of Hormuz
Aramco sees catastrophic consequences for oil if shipping doesn't resume in Strait of Hormuz
Irans Revolutionary Guards said on Tuesday (March 10) they would not allow one litre of oil to be shipped from West Asia if U.S. and Israeli atta
How lenders are adapting to uncertainty in a volatile economy
The global economy faces challenges from political conflicts and trade policy changes, affecting financial systems. Credit plays a crucial role i
The price of buying time: What egg freezing costs in India
Egg freezing can resemble an insurance policy more than a traditional investment, something that requires planning but may never need to be used.
India invokes Essential Commodities Act to prioritise LPG supply for households and CNG
Under the order, refineries and petrochemical units have been directed to maximise production of liquefied petroleum gas and divert key hydrocarb
Australia-India partnership moves closer to green steel with world-first agricultural waste trial
The trial involved blending 5% and 10% rice husk pellets into commercial gasifiers at Jindal Steel in Odisha, achieving production with no loss o
IDFC First Bank paid 645 crore towards Chandigarh fraud claims
The Bank said that it has completed reconciliation of all relevant accounts and did not notice any further discrepancies.
India's farm exports seen to touch $55 billion in 2025, trade minister says
Allan Group vows to keep food supply chain to West Asia intact
The Allana Group holds about 40,000 tonne of food products ready for immediate dispatch to West Asian markets
February 2026 was the fifth warmest globally, with temperatures far above pre-industrial levels
Average surface air temperature reaches 13.26C, well above long-term February average, says Copernicus report
