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The Hindu Businessline

Economy / The Hindu Businessline

Indias crude oil supply is secure, assures government

Two additional crude cargoes are already on the way and will arrive in the coming days, further strengthening the crude oil supply position

11 Mar 2026 9:26 pm
Toll burden on national highways in Gujarat surge 56.5% in 5 years to FY25; toll collection grows to 20,383 crore in this period

Annual toll collections have climbed steadily from 3,179 crore in FY21 to 4,975 crore in FY25

11 Mar 2026 9:09 pm
Jaishankar speaks with Iran, Russia, France, EU on West Asia crisis

Jaishankar stresses the necessity of ongoing consultations to help restore stability to the region

11 Mar 2026 8:53 pm
Restaurants, hotels seek minimum assured allocation of LPG supplies

Kumar Rajgopalan, CEO, Retailers Association of India, noted that a disruption in supply will impact small and medium-size players, which in turn could lead to the non-availability of food for students, working professionals, etc.

11 Mar 2026 8:52 pm
ICAR to host 3-day global conference on women in agri-food system from Thursday

The event will focus on sharing inspiring success stories of women leaders and scientists, integrating gender-sensitive approaches into agricultural policies and institutions, etc.

11 Mar 2026 8:51 pm
Crude volatility puts pressure on electronics supply chain, makers brace for margin hit

Key plastic materials such as Acrylonitrile Butadiene Styrene and polypropylene, derived from crude and widely used in device casings, have seen prices rise 45-50 per cent

11 Mar 2026 8:47 pm
Prioritising LPG production in refineries helps boost output by 25%

70% of Indias crude imports now routed outside Strait of Hormuz; energy suppliesare secure, assures govt

11 Mar 2026 8:46 pm
FDI in rare earth magnets, advanced battery components from land border countries part of fast-trackapproval list

While some FDI norms are being eased, broadly the processes for security and political clearances will remain in place, said DPIIT Secretary

11 Mar 2026 8:21 pm
Retail inflation in Feb likely to have moved above 3%

The Indias Statistics Ministry is set to release February's retail inflation data on Thursday

11 Mar 2026 8:04 pm
Surge in LPG prices, supply crunch threaten livelihoods of auto and taxi drivers

Even as auto and taxi drivers limit the number of rides to save on fuel, drivers on ride-hailing platforms say that they have not yet seen any disruption

11 Mar 2026 7:55 pm
India displaces China as largest exporter of cotton products to US in 2025

Imports from China reduced to about 0.5 million tonnes in 2025, while imports from India were around 0.6 million tonnes during the year

11 Mar 2026 7:31 pm
Agricultural Training Needs Survey launched

The survey aims to understand the knowledge of farmers about current farming practices, innovative and climate change-resistant technologies such as IoT, AI, precision farming and drone technology

11 Mar 2026 4:37 pm
Iran's Hormuz control gives country leverage despite military struggles

About 20% of the worlds oil supply passes through the strait or originates in the Gulf

11 Mar 2026 3:29 pm
India fast-tracks Chinese investment approvals in key sectors

Under the revised rules, sectors such as electronics, capital goods, solar cells, and battery components will receive quicker clearance, provided Indian residents retain majority control.

11 Mar 2026 3:20 pm
Indian Potash Ltd. set to revive cooperative sugar mill in Odisha; to invest 360 crore

As per the MoU, the Badamba Cooperative Sugar Mill is expected to commence operation within one year and will have a capacity of 3,500 TCD (tonnes of cane crushed per day)

11 Mar 2026 3:19 pm
Bharat Taxi service will expand to all big cities, talukas in next 2-3 years: MoS Cooperation

In reply to questions on job creation by cooperative societies in the Rajya Sabha, Minister of State for Cooperation Krishan Pal said Bharat Taxi was started to empower drivers and increase their income

11 Mar 2026 3:02 pm
Maharashtra set to become Indias first trillion-dollar sub-national economy: Fadnavis

Fadnavis also outlined sustainable development initiatives, including planting three billion trees and providing 16,000 MW of solar power to farmers.

11 Mar 2026 2:59 pm
Half of Maharashtra sugar mills may stay shut next season amid cane shortage, financial stress: Minister

Economics of the sugar sector has become increasingly strained in recent years, says Maharashtra State Cooperation Minister Babasaheb Patil

11 Mar 2026 2:41 pm
Exporters seek wider access to Mauritius onion market to benefit farmers

Industry participants say limiting onion exports to Mauritius to a few authorised exporters restricts trade and reduces benefits for growers in Nashik and Ahmednagar

11 Mar 2026 2:38 pm
Seafood exports continue normally despite tensions in Middle East: Andhra Agri minister

The Minister observed that seafood exports to West Asian countries account for only about three to four per cent of India's total exports, urging farmers not to believe rumours and continue cultivation

11 Mar 2026 2:04 pm
Air India Express Boeing 737 Max suffers nose wheel damage at Phuket

No one was hurt in the incident. The airports only runway was shut following the incident resulting in several flight diversions

11 Mar 2026 1:54 pm
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, Mumbai, Pune, Hyderabad and Kolkata as demand for drone logistics continues to grow rapidly in India.

11 Mar 2026 12:20 pm
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 global vegetable oil shipments and is widely consumed in emerging markets such as India

11 Mar 2026 12:12 pm
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

11 Mar 2026 12:11 pm
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 after failing to plan adequately for pilot rest and duty rules, stranding tens of thousands of passengers

11 Mar 2026 11:48 am
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

11 Mar 2026 11:34 am
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

11 Mar 2026 11:20 am
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 electrical conductivity by up to 27.4 per cent

11 Mar 2026 11:04 am
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, digital transformation and global compliance management

11 Mar 2026 10:43 am
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

11 Mar 2026 10:23 am
Boeing signs $298 million deal to supply Israel with up to 5,000 smart bombs

The order involves the companys Small Diameter Bomb, a precision-guided munition capable of striking targets more than 40 miles (64 km) away when launched from fighter aircraft

11 Mar 2026 10:11 am
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 market volatility

11 Mar 2026 9:21 am
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 airspace restrictions and closures

11 Mar 2026 8:49 am
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 associated infrastructure

11 Mar 2026 8:47 am
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.

11 Mar 2026 6:00 am
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.

11 Mar 2026 5:45 am
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 destinations such as Dubai, Abu Dhabi, Sharjah, Jeddah, and Medinah

11 Mar 2026 5:30 am
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

10 Mar 2026 11:08 pm
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

10 Mar 2026 11:04 pm
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

10 Mar 2026 10:11 pm
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.

10 Mar 2026 9:31 pm
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

10 Mar 2026 9:26 pm
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 significant contribution to the UTs GSDP

10 Mar 2026 9:15 pm
To achieve developed-nation status, overall workforce participation must rise to nearly 60%: Axis Bank report

Womens participation key to raising workforce participation. in effort to sustain economic growth levels

10 Mar 2026 9:07 pm
India eases FDI norms to attract more investments from China in key sectors

Clearer definition of beneficial ownership, faster clearances for select sectors

10 Mar 2026 8:39 pm
Finmin seeks Parliamentary approval for 1 lakh cr Economic Stabilisation Fund to face war-induced volatility

Economic Stabilisation Fund proposed to manage shocks from West Asia tensions

10 Mar 2026 8:35 pm
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

10 Mar 2026 8:33 pm
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 representatives from all three districts

10 Mar 2026 8:20 pm
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 potential for creating sustainable, community-based livelihoods

10 Mar 2026 8:18 pm
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 Kapil from Hindustan Petroleum Corporation (HPCL).

10 Mar 2026 8:15 pm