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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.
Civil Aviation Ministry monitors West Asia flights amid tensions
The DGCA has facilitated additional arrival and departure slots and approved Muscat International Airport as an en route alternate for flights to
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
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
Reliance says will maximise LPG production at refinery, divert D6 gas to priority sector
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
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
Indias kharif, rabi foodgrain output pegged 3% up at 349 million tonnes in 2025-26
Record high output of wheat, maize and mustard crops projected for rabi, while kharif harvest estimates of sugarcane and rice raised
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
Vedanta Aluminium launches Vedamrit Jibika Farmer Producer Company
The FPO (farmer producer organisation) is set to produce 5,000 litres of honey by April 2026, with a scale up plan to reach 20,000 litres every y
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
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
IndiGo CEO resigns months after mass flight cancellations in December
Managing Director Rahul Bhatia to manage the company in the interim until a replacement is hired
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
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
Climate change and health: Urgent action needed for clean air and safe water
A report from the Climate Crisis Advisory Group highlights the urgent need to integrate climate and health action for maximum impact.
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
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
JNPA waives storage, reefer charges for West Asia-bound export containers
Under the new measures, containers lying in port terminals from February 28 to March 14 will receive a 100% waiver on ground rent and dwell time
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
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
Dynamic plus injunctions aim to reduce the time lag between discovery and blocking of pirate sites, offering critical protection for high-value i
SOA or demat? How the way you hold mutual funds affects costs and flexibility
Mutual fund units in India can be held either in a statement of account (SOA) with the asset manager or in demat form with a depository. Each for
Air India, AI Express to operate 60 flights connecting West Asia cities on Tuesday
On Tuesday, Air India and Air India Express will together operate 14 flights to and from Jeddah, while Air India Express will operate 14 services
Oil Ministry sets up panel as commercial LPG shortage hits hospitality sector
Industry sources say the disruption has already begun affecting operations in Mumbai and Bengaluru, as hotels and restaurants struggle to secure
Oil Ministry forms panel to review LPG supply to restaurants, hotels
The committee, comprising Executive Director-level officials from Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Co
Rupee rebounds from all-time low, up 7 paise to 92.14 against U.S. dollar
A weaker greenback and a strong opening at the domestic equity markets further supported the local unit while heavy FII outflows capped sharp gai
Ongoing conflict in West Asia has plunged India's aviation sector into crisis, leading to over 1,100 flight cancellations and rising operational
Stock markets rebound in early trade after two days of sharp fall
In Asian markets, South Korea's Kospi rebounded sharply by nearly 5%, while Japan's Nikkei 225 jumped 2.5%. Shanghai's SSE Composite index and Ho
FarMart says AI platform cuts food loss, boosts farmer payments across supply chain
2025 impact report says tech-driven supply chain avoided 23,567 tonnes of CO emissions, saved 5.39 billion litres of water across over 40 crops
FarMart report highlights AI-led impact on agri supply chain
FarMarts technology-led supply chain redesign avoided 23,567 tonnes of CO emissions and prevented 18,305 tonnes of post-harvest food loss in 2025
Airlines begin to hike fares due to higher fuel prices, shares stabilise
Jet fuel prices, which were around $85 to $90 per barrel prior to the conflict, have increased sharply to between $150 and $200 per barrel in rec
Iran war has airlines reviewing growth plans as fuel surges
Planemakers and aircraft leasing firms are worried that some of their customers may push back deals
PM review asks DoT to check if data can be taxed; wants BSNL to trim staff
India is considering a tax on data usage as a means to generate government revenue and also a model to influence screen time, especially among ch
Microsoft taps Anthropic for Copilot Cowork in push for AI agents
The launch comes weeks after Anthropic introduced new tools for Claude that intensified investor concerns about the threat AI agents could pose t
Hybrid super-credits could distort Indias CAFE-III emission targets, warns ex-NITI Aayog official
Crude plunges, stocks rally as Trump says war pretty much complete
As the crisis in the crude-rich West Asia continued into a second week, the U.S. president said that the campaign was far ahead of his initial ti
US, Chile walnuts entering India via under-valued invoices, say industry sources
Domestic industry seeks a per kg duty on the nuts to safeguard J&K growers interests
After 48 years, India revises piston ring standards to curb carbon emissions
The new standards replace specifications from 1977 and aim to align India's automobile market with global efficiency and emission benchmarks.
Can NRI equity investors avail section 115F tax relief even if not claimed earlier?
Two common NRI tax questions answered: how to re-request a failed income-tax refund credited to an NRE account, and whether NRIs can claim capita
Kiwi General Insurance, Allianz Jio Reinsurance get IRDAI nod
IRDAI also said it deliberated on the regulatory framework required following the enactment of the Sabka Bima Sabki Raksha (Amendment of Insuranc
US weighs easing Russian oil sanctions to cool global price surge, sources say
India had been given a 30-day waiver in which to purchase Russian oil without attracting punitive tariffs
India issues orders to oil refineries to increase LPG production
Hotel, restaurant associations flag commercial LPG cylinder shortage, seek govt intervention
Widespread disruption at the ground level says hotel association in missive to Minister of Petroleum and Natural Gas Hardeep Singh Puri
D-G Shipping issues advisory on transparent pricing, addresses exporters concerns
Representations regarding levy of multiple ancillary charges by shipping lines, carriers and their agents, have been received
Karnataka suspends online sale of Mysore silk saris as orders surge
Karnataka has suspended online sales of its famed Mysore silk saris due to overwhelming demand exceeding production capacity. The state-owned Kar
Government working to optimise gas supply as Gulf war hits LNG flow
India faces a nearly 40% hit to its LNG supply due to the West Asia conflict, prompting the government to devise an optimisation plan for industr
Government asks refineries to boost LPG for homes amid Middle East crisis
I-T Department uncovers 408 crore sales underreporting by restaurants across India
In some cases, recorded sales were not fully reflected in financial accounts or tax filings, and bulk bills were deleted by restaurants
Fertilizer supplies adequate to meet agricultural need for Kharif season: FAI
April-January, India saw higher fertilizer output, imports of Urea, DAP, Complex, SSP and MOP - moving from 57 mn tonnes last year to 65 mn tonne
