Gold and silver prices decline due to rising crude oil prices and delayed central bank rate cuts. Experts warn of continued volatility amid Middle East tensions and key policy meetings this week.
The National Highways Authority of India (NHAI) has announced a price hike for Fastag annual passes, effective from 2026. The new rates apply to non-commercial vehicles, with specific expressways excluded from the pass validity.
Motilal Oswal Financial Services identifies Coal India and State Bank of India as prime investment opportunities for the week starting March 16, 2026, citing strong fundamentals and growth potential.
Mumbai-based exporters are shipping large consignments of Banarasi kimami sewai to Gulf countries for Eid, while domestic production of deep-fried treats like 'doodh-sewai' and 'pheni' drops 50% due to LPG shortages.
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Industrial canteens in Madhya Pradesh are reducing meals and menu items due to commercial LPG cylinder shortages linked to Middle East tensions, impacting thousands of workers.
Varanasi's Banarasi kimami sewai exports to Gulf countries remain strong for Eid despite Middle East tensions, but LPG shortage cuts production of deep-fried varieties by 50%.
Commercial LPG cylinder shortages in Lucknow push sweet shops and eateries to use improvised diesel stoves for bulk cooking, highlighting supply disruptions during festive season.
The Madhya Pradesh Hotel Association urges government to include hospitality under ESMA due to irregular commercial LPG supply, impacting hotel and restaurant operations across the state.
Tata Trusts appoints veteran Farokh Subedar as consultant and considers Chanakya Chaudhry for a role, as Noel Tata strengthens leadership amid internal challenges.
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Southern Railway introduces experimental stoppage at Panruti for Tambaram-Rameswaram Express from March 16 and regularizes Ernakulam-Velankanni weekly special as express from March 18.
India's stock markets have plunged sharply as geopolitical tensions in the Middle East, including the Iran-Israel conflict, triggered global financial uncertainty, erasing nearly $240 billion in investor wealth in a week.
Indian meat exporters face severe logistics disruptions and sharply rising freight costs due to the West Asia conflict, though demand remains stable. Industry representatives report shipping delays and surging expenses.
India faces LPG supply concerns amid global tensions, with Bengaluru's hotel industry reporting 30% business decline. Government restricts LPG for PNG users, deploys enforcement teams to prevent hoarding.
Foreign portfolio investors have withdrawn Rs 52,704 crore from Indian equities in the first fortnight of March, driven by West Asia tensions, rupee depreciation, and high crude oil price concerns.
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India's gems and jewellery exports increased by 4% year-on-year to $2,681 million in February 2025, driven by industry diversification into new markets, as per GJEPC data.
The West Asia conflict is increasing costs for India's apparel exporters by Rs 12-55 per garment due to shipping surcharges and route diversions, impacting a key market worth $1.9 billion annually.
Geopolitical tensions in the Middle East have triggered a massive sell-off in Indian stock markets, wiping out $240 billion in investor wealth in one week. The conflict has sent oil prices soaring and caused foreign investors to flee emerging economies.
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Record-high gold prices and commercial LPG restrictions due to the Iran conflict have crippled Indore's Sarafa market, forcing thousands of migrant artisans to return to West Bengal.
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The Union government has approved the final location survey for doubling the Palakkad-Pollachi-Podanur railway line to ease congestion and boost connectivity between Kerala and Tamil Nadu.
Devi Ahilyabai Holkar Airport in Indore completes runway recarpeting and terminal renovation, enabling 24/7 operations by March end. New routes to Goa, Hyderabad, Belagavi, and Kolhapur launch, boosting summer travel options from central India.
The death toll from the SBL Energy explosion in Raulgaon, Nagpur, has increased to 25 after a 22-year-old woman died from burn injuries. Nine critically injured workers remain hospitalized.
The Apparel Export Promotion Council has requested the Tamil Nadu government to include the apparel export industry in the 20% commercial LPG cylinder allotment to prevent manufacturing disruptions and order cancellations.
Air India and Air India Express have scheduled 48 flights to the Middle East today, significantly increasing operations to ensure connectivity for passengers amid rising regional tensions.
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Indian budget carrier SpiceJet operates special flights from Fujairah in UAE to multiple Indian cities, providing relief to stranded passengers affected by regional tensions and aviation disruptions across the Middle East.
A 400-meter skywalk linking Noida's Aqua and Blue Line metro stations is delayed by at least three months after engineers overlooked a structural beam. The Rs 40 crore project aims to ease commuter woes.
The Noida Authority's new administrative building in Sector 96 is nearly complete, with inauguration scheduled for next month. The Rs 390-crore project, delayed by Covid and contractor issues, will consolidate all departments under one roof.
Indian companies are postponing equity fundraising and IPOs due to West Asia-driven market volatility, with $5 billion raised in 2026 so far, down from $6 billion in Q1 2025. Bankers remain optimistic about long-term prospects.
Wonder Home Finance introduces the SENA Home Loan, a specialized housing finance product for India's armed forces and paramilitary personnel, offering competitive rates and flexible terms.
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The Confederation of Indian Industry (CII) Tamil Nadu recognized the Trichy zone with the Chairman's Commendation Award for its impactful IMPACT framework and initiatives like 'Discover Trichy' to boost entrepreneurship and employment.
