The Reserve Bank of India has capped banks' net open positions in rupee at $100 million, effective 2026, removing board-set limits. This move addresses rupee pressure from FII sales, oil imports, and export tariffs.
Indian stock market witnesses brutal sell-off with Sensex dropping 2.3% as West Asia war enters second month. Investors lose Rs 9 lakh crore in single day amid foreign fund outflows.
Indian rupee breaches 94 level for first time, closing at record low of 94.81 per dollar. Heavy foreign investor selloffs drive currency decline, with outflows hitting $13 billion this month.
The government has increased commercial LPG allocations by 20% to reach 70% of pre-crisis levels, prioritizing steel, automobiles, textiles, and chemicals to stabilize industrial operations during the gas shortage.
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Industrial hubs in Madhya Pradesh, including Pithampur and Mandideep, express concern over MPERC's 4.8% electricity tariff hike effective April 2026. Industry associations warn of increased manufacturing costs and reduced competitiveness.
Piped natural gas supplies to industries in Indore, Pithampur, and other belts have been slashed to 55% of average consumption due to LNG shipment disruptions from the West Asia crisis, raising fears of production cuts and higher costs.
The Rs 492.8-crore Bengaluru Cantonment-Whitefield quadrupling project, delayed by land acquisition, is now nearly ready as officials inspect OHE works.
A divisional-level khadi seminar will be held at Chhatrapati Shahu Ji Maharaj University on Saturday, promoting khadi as a sustainable fabric under a government scheme. Cabinet Minister Rakesh Sachan will attend as chief guest, with awards for village ind
A severe shortage of commercial LPG cylinders in Jaipur has led to a surge in demand for induction cooktops, causing stockouts, while coal prices rise as eateries switch to alternative fuels amid supply disruptions.
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Enforcement Directorate files prosecution complaint against Punit Garg in Reliance Communications money laundering probe involving Manhattan apartment sale and shell companies.
A historical review of how taxation burdens have been distributed across society, examining key policies and their impacts on economic equity and public finance.
Pune's demand for piped natural gas connections has surged from 140-150 to 400-500 households, driven by government initiatives and new schemes. MNGL reports increased adoption in societies with existing infrastructure.
Jaipur International Airport's summer schedule increases air connectivity by 7.5% with 750 weekly domestic flights and 74 international movements, connecting to 26 destinations from March 29 to October 24.
The petroleum ministry has raised commercial LPG allocation by 20% to meet industrial demand in sectors like steel and textiles. Eligibility requires registration with OMCs and piped gas network sign-up.
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India's electric two-wheeler segment defies geopolitical concerns, with sales expected to hit a new high in March 2026, led by TVS Motor and robust growth across key players.
Trichy, known as India's Energy Equipment Capital, faces industrial stagnation with unfulfilled proposals. Voters in upcoming elections prioritize implementation over new promises to revive growth and curb youth migration.
GMADA advances its 50th affordable housing initiative with the 'White City' project in Sector 114, Mohali, spanning 25 acres. The authority has issued a revised layout plan, promoting home ownership for lower- and middle-income groups.
In a major development in the Kotak Bank scam case in Haryana, the key accused has been sent to six-day police custody for further investigation into the alleged financial fraud.
Karnataka's Commercial Taxes Department announces offices will remain open on March 30, a Saturday, to facilitate last-minute GST return filings and tax payments before the March 31 deadline.
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The Institute of Company Secretaries of India announces an international Alternative Dispute Resolution center in Noida, expanding globally, to handle commercial and civil cases faster amid judicial delays.
The Indian government has reduced excise duty on petrol and diesel by Rs 10 each to shield consumers and oil companies from high crude prices, while imposing export duties on diesel and ATF to curb windfall gains.
Officials found Cee Jee Lubricants failed to conduct a required pressure test on a heater, leading to a fire that killed a worker and injured three others in Kochi's Edayar industrial area.
Nashik city faces severe fuel shortage as 40% of petrol pumps run dry, leading to long queues. Dealers report unpredictable demand patterns and urge citizens to avoid panic buying.
Three Milkfed managers suspended after Indian Army rejects 125 metric tonnes of milk powder for quality issues, citing extraneous material in samples.
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Sardar Vallabhbhai Patel International Airport in Ahmedabad announces a robust summer schedule with international flights increasing by 25% and cargo operations rising by 30%, driven by new airlines and routes.
China has rejected rice shipments from three Indian companies, including Nagpur-based Shriram Food Industries, citing GMO traces. This move could jeopardize India's 3 million tonne annual rice exports to China and affect global trade relationships.
Minister Ashish Jaiswal initiates stocking of river prawn seeds in Khindsi Lake, aiming to diversify fisheries from traditional carps to high-value species for enhanced productivity and income.
Air India will shift all 210 weekly domestic flights from Terminal 1 to Terminal 2 at Ahmedabad's Sardar Vallabhbhai Patel International Airport starting March 29, streamlining operations ahead of summer travel season.
Punjab government has requested FCI permission to move 22 lakh metric tonnes of wheat directly from mandis to railheads, warning of storage shortages and potential farmer unrest ahead of procurement season.
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Finance expert Robert Kiyosaki discusses potential economic downturn around 2026, advising investors to focus on real assets like real estate, oil, and cryptocurrencies instead of traditional options.
