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The Hindu Businessline

Economy / The Hindu Businessline

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
Cabinet gives nod to 12,000 cr infra projects

Green signal to extension of Jal Jeevan Mission

10 Mar 2026 8:14 pm
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

10 Mar 2026 8:02 pm
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 Tiruchirapalli.

10 Mar 2026 7:11 pm
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 year

10 Mar 2026 7:10 pm
Mauritius market opens for Maharashtra onions

Over 1 lakh tonnes export planned

10 Mar 2026 7:04 pm
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

10 Mar 2026 6:56 pm
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

10 Mar 2026 6:53 pm
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 exploitation, including the sale of spurious and substandard seeds

10 Mar 2026 6:37 pm
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

10 Mar 2026 6:20 pm
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

10 Mar 2026 5:49 pm
Price hikes, outlook cuts - What airlines are doing as fuel costs surge

Airlines are resorting to raising ticket prices and fuel surcharge

10 Mar 2026 4:26 pm
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

10 Mar 2026 3:38 pm
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.

10 Mar 2026 3:16 pm
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 corporate governance

10 Mar 2026 3:02 pm
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 week

10 Mar 2026 2:52 pm
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 charges

10 Mar 2026 1:52 pm
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 networks

10 Mar 2026 1:38 pm
8 lakh Maharashtra farmers benefiting from solar agri-feeder scheme; govt to scale up capacity: CM

Fadnavis asserted that the government's effort is to ensure at least 10 hours of electricity supply to farmers during the day, as the current average supply is around eight hours in some places

10 Mar 2026 1:01 pm
Bengaluru restaurants cut menu items as commercial LPG supply crisis deepens

According to the Bangalore Hotels Association, the disruption has forced many hotels to cut down on high gas-consuming menu items and ration fuel to stretch remaining cylinders

10 Mar 2026 12:59 pm
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 hydrocarbon streams such as propane and butane to the LPG pool

10 Mar 2026 12:45 pm