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The Hindu Businessline

Economy / The Hindu Businessline

IndiGo to launch daily direct Kolkata-Shanghai flights from March 29

The service will use A320 aircraft and follows the restart of Guangzhou flights, underscoring IndiGos push to expand India-China connectivity

2 Mar 2026 10:22 pm
Dubai, Abu Dhabi airports see partial resumption of flights

85 flights cancelled at Chennai, Bengaluru

2 Mar 2026 10:16 pm
QatarEnergy halting LNG production may impact Indias gas consumption

The development also assumes importance as the majority of QatarEnergys clients are Asian economies, including India

2 Mar 2026 9:58 pm
South Western Railway posts 8,550 crore revenue, up 14.31% in FY26

Freight revenue remained the key driver, rising 18.27% to 4,876 crore, while passenger revenue grew 9.25% to 3,154 crore

2 Mar 2026 9:57 pm
Air India Express MD Aloke Singh to step down later this month

COO Capt. Hamish Maxwell to become new Accountable Manager

2 Mar 2026 9:51 pm
West Asia Crisis: Commerce dept meets stakeholders to assess, ease trade disruptions

Discussions focussed on the fallout of the crisis, such as surging freight costs and insurance premiums, and the logistical challenges of rerouting cargo away from the Strait of Hormuz

2 Mar 2026 9:49 pm
Air India Express to resume Muscat flights on Tuesday

The Tata Group-owned carrier announced on Monday that it will resume operations to and from Muscat starting Tuesday (March 3), with services to Delhi, Kochi, Kozhikode, Mangaluru, Mumbai, and Tiruchirappalli

2 Mar 2026 9:12 pm
FSSAI to States: Strengthen food safety workforce, sharpen focus on high-risk food categories

FSSAI CEO directed States and UTs to ensure time-bound resolution of food safety complaints and conduct periodic high-level reviews

2 Mar 2026 9:10 pm
Consumer durables, FMCG firms stare at heightened cost pressures amidst escalating conflict in West Asia

Elevated crude oil prices will directly increase packaging, freight, fuel and other input costs, compressing margins

2 Mar 2026 8:46 pm
Indias Jan tea production down 15% to 14.5 m kg on sharp dip in TN output

Frost and prolonged chilly weather drag production with output down 35% in Tamil Nadu

2 Mar 2026 8:46 pm
Indias current account deficit widens to $13.2 b in Q3FY26

The CAD in the reporting quarter was also wider than preceding quarters $12.3 billion

2 Mar 2026 8:25 pm
Extended closure of Strait of Hormuz to push India towards floating Russian crude at sea

Supplies from the US, South America and West Africa will take anywhere between 30 and 45 days, which can be an issue if this war extends further, said a government source

2 Mar 2026 8:21 pm
Many Maharatna, Navratna PSUs face board governance gaps: Survey

36 Maharatna and Navratna firms are short of independent directors; 17 lack a woman director

2 Mar 2026 8:10 pm
US-Iran war leaves 70,000 tonnes of Indian Basmati to Gulf stuck on high seas

India was headed for record shipments of the fragrant rice before the war broke out; it is still possible if the War ends soon

2 Mar 2026 8:03 pm
Mitsubishi Mahindra Agricultural Machinery to exit business, continue spare parts supply

For Mahindra, the exit enables sharper capital allocation toward higher-growth areas such as electric mobility and farm mechanisation in India and other key markets

2 Mar 2026 7:54 pm
Indian shipowners seek Centres help for safe passage through Hormuz Strait

In a letter to Union Shipping Minister Sarbananda Sonowal, INSA said 27 Indian-flagged ships are currently in the region, most in the Persian Gulf and some in the Gulf of Aden

2 Mar 2026 7:41 pm
Iran-Israel war: Indias auto parts sector notes delay in supply to EU

Auto firms allay fears of a significant impact of the war on Indias vehicle exports

2 Mar 2026 7:38 pm
2 Mar 2026 7:30 pm
Crisis in a promising Gulf export market worries poultry industry

Exports to the UAE shot up three times in the first nine months of the current fiscal

2 Mar 2026 7:28 pm
BLR airport reports 72 flight cancellations amid airspace restrictions

Key affected sectors include Abu Dhabi, Riyadh, Jeddah, Dammam, Dubai and Doha

2 Mar 2026 7:27 pm
CAs flag SGB tax change, dividend rules in post-Budget memo

Industry body flags market impact of proposed tax tweaks; seeks grandfathering for gold bonds and clarity on key provisions

2 Mar 2026 6:45 pm
Stranded tourists take Oman route to return to India

On Monday, Oman Air introduced a paid bus service between Sharjah and Muscat

2 Mar 2026 6:35 pm
Airlines suspend flights to Middle East; IndiGo, Akasa, Qatar Airways, Emirates announce travel waivers and refunds

If your booking is impacted, you will receive timely notifications on your registered contact number, and our teams are ready to provide assistance and guide you through the available options, IndiGo stated

2 Mar 2026 5:44 pm
Escalating West Asia conflict poses risk for Indian tea exports

The closure of Strait of Hormuz will have a direct bearing on the export to these regions, which will be quite critical for tea sector

2 Mar 2026 5:44 pm
Canada India Eco Partnership Agreement: Canadian PM says CEPA aims to conclude by year-end

The CEPA will advance Canada's goal to more than double two-way trade to $70 billion by 2030

2 Mar 2026 4:55 pm
War-Gamed: Air India activates alternate routings to sustain West connectivity

Red Sea corridor and European technical halts help maintain UK, Europe, US and Canada services amid airspace curbs

2 Mar 2026 4:43 pm
Factory output grew by 4.8% in January

In January 2026, the growth rates for Mining, Manufacturing, and Electricity are 4.3%, 4.8%, and 5.1%, respectively

2 Mar 2026 4:21 pm
Air India Express MD Aloke Singh to step down after completing tenure on Mar 19

On March 20, 2023, Singh was appointed as the MD for a three-year period

2 Mar 2026 3:37 pm
CMA CGM imposes up to $4,000 emergency surcharge amid US-Iran conflict

Surcharge applies to all bookings across 13 countries, including the UAE, Saudi Arabia, Iraq, Kuwait, Oman, Qatar, Yemen, Bahrain, Jordan, Egypts Port of Ain Sokhna, Djibouti, Eritrea and Sudan

2 Mar 2026 3:19 pm
Indias castor output set to rise 11% in FY26, Gujarat & Rajasthan lead growth

At the national level, total castor acreage is estimated at 8.90 lakh ha, up 3% from 8.68 lakh hectare last year

2 Mar 2026 3:18 pm
Indian buyers may find pistachios, figs and raisins pricey following Gulf crisis

Irans shipments have been affected after Bandar Abbas and Chabahar ports were closed, following the outbreak of hostilities between Iran and the US-Israel axis

2 Mar 2026 3:10 pm
Iran war may help India manage sugar availability as exports will likely drop

Output drop against initial estimates will likely see carryover stock hand-to-mouth

2 Mar 2026 2:15 pm
Indian edible oil, oilmeals sector turn cautious amid Iran crisis

Sunflower supplies to India may be affected, if the Suez Canal and Strait of Hormuz are affected, as the consignments will have to take a longer route

2 Mar 2026 1:53 pm
West Asia tensions trigger dj vu crisis for Indian cashew industry

Iranian buyers have largely stopped opening new contracts following the closure of major ports, including Bandar Abbas, and the freezing of banking channels

2 Mar 2026 1:28 pm
Escalating hostilities in the Middle East risk renewed energy, inflation shocks: Moody's

Roughly one-third of the world's seaborne crude oil exports and about 20% of liquefied natural gas shipments transit through the Strait of Hormuz

2 Mar 2026 1:21 pm
Spices gain relevance in US health dialogue: ASTA

As the demand for natural ingredients rises amid growing health awareness, the American Spice Trade Association emphasizes the need for stringent safety measures

2 Mar 2026 12:00 pm
Meghalaya showcases its organic spice economy in Mumbai

Meghalaya Spice Festival was an effort to amplify the national and global market outreach of Meghalayas premium organic spices

2 Mar 2026 11:12 am
PMI Manufacturing rose to 4-month high of 56.9 in February

Growth in new export orders continued the slowing trend that began in mid-2025

2 Mar 2026 11:04 am
13 Middle East flights to Chennai cancelled amid IranIsrael conflict

The impacted services included flights from Dubai operated by Emirates and IndiGo; Doha services by IndiGo and Qatar Airways; and flights from Abu Dhabi operated by Etihad Airways and Air Arabia

2 Mar 2026 10:27 am
New launches, pending orders drive auto sales in February

When asked about any impact of the war in the West Asia (Iran-Israel), Rahul Bharti, Senior Executive Officer, Corporate Affairs said that the company was closely monitoring the situation

1 Mar 2026 9:51 pm
Indian exports brace for impact as US-Israel strikes on Iran affect sea routes

Prolonged conflict could sharply increase freight rates, insurance premiums, transit time

1 Mar 2026 9:28 pm
Eighteen Indian aircraft stranded overseas as West Asia airspaceshut amid tensions

Sources said over two hundred pilots and crew of IndiGo and Air India Express are stuck in West Asia

1 Mar 2026 7:34 pm
Rice exporters asked to shift shipping cost risks to buyers amid Iran tensions

The federation advised members to shift to free on board (FOB) terms, allowing international buyers to handle freight and insurance, thereby protecting Indian exporters from rising costs on fixed-price contracts

1 Mar 2026 5:21 pm
GST collection in February rose by over 8%

GST collection in January grew by over 6%, but it was for 31 days; In February, with only 28 days, the growth rate appears more significant

1 Mar 2026 5:06 pm
Iran crisis: Price volatility, macro impact seen on India, no structural oil supply risk yet

Even in the absence of physical shortages, landed crude costs for Indian refiners would move higher

1 Mar 2026 4:13 pm
Delhi airport: 100 international flights cancelled amid Middle East conflict

A source said 60 international departures and 40 arrivals have been cancelled

1 Mar 2026 3:24 pm
Mop up under MiscellaneousCapital Receipts tops 34,400 crore, higher than RE

Prior to the current fiscal, data from DIPAM showed no earning through asset monetisation placed under MCRs

1 Mar 2026 2:51 pm
VOC Port to invest 15,000 cr in Outer Harbour project to be a transhipment hub of South India

The port aims to compete with international hubs located in other countries, such as Sri Lanka, Singapore and Indonesia

1 Mar 2026 11:20 am
Air India cancels several flights amid US-Iran conflict

In addition to previously cancelled services, Air India has now called off several international flights scheduled for March 1

1 Mar 2026 10:28 am