Lucknow Handicraft Exports Halted Due to West Asia Conflict
Over Rs 10 crore worth of Lucknow's chikankari and zardozi garments are stuck as shipping routes face uncertainty from the West Asia conflict, impacting artisans and the local economy.
Category : Business
Rupee Hits Record Low at 92.37 vs Dollar, FIIs Sell Rs 7,049 Cr
The Indian rupee plunged to a record intra-day low of 92.37 against the US dollar in early trade, dropping 12 paise, amid heavy foreign institutional investor selling of equities worth Rs 7,049.87 crore.
PNGRB: PNG Supply Uninterrupted Amid LPG Shortage, India Gas-Sufficient
PNGRB member AK Tiwari assures continuous piped natural gas supply despite LPG shortages in Bengal and other regions. India produces enough natural gas for domestic use and export, with plans for 14 crore PNG connections and 18,000 CNG stations.
Sensex Tumbles 708 Points, Nifty Drops 222 in Early Trade
Benchmark equity indices Sensex and Nifty plunged sharply in early trade, with the Sensex falling 708.38 points and Nifty dropping 222.05 points, driven by rising crude oil prices due to the West Asia crisis.
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UP Fuel Supply Stable: OMCs Deny Shortage Amid Panic Buying
Oil marketing companies and Uttar Pradesh petrol dealers confirm no petrol or diesel shortage in the state, despite temporary stock-outs at some stations due to panic buying.
Indian Stock Market Dips as Oil Prices Rise, Trade Halts
Nifty50 and BSE Sensex opened in red on Friday, falling below 23,500 and down over 580 points respectively, driven by rising oil prices and Strait of Hormuz trade disruptions amid US-Iran tensions.
GIFT Nifty Points to Positive Market Opening on March 13
GIFT Nifty indicates a positive start for Indian stock markets on March 13, 2026, with global cues from Nikkei 225 and crude oil prices influencing sentiment.
Kanpur Gas Shortage Cripples Factories, Threatens Jobs
A severe gas shortage in Kanpur is disrupting factory operations, risking billions in losses and nearly 100,000 jobs. The crisis, linked to global tensions, has halted pipeline gas to 150 major factories.
Adobe CEO Shantanu Narayen Steps Down, Shares Fall 7%
Adobe's CEO Shantanu Narayen has stepped down following the appointment of his successor, leading to a 7% drop in company shares amid market reactions to the leadership transition.
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Jaipur LPG Crisis: Server Failures, Black Market, Induction Shortage
Jaipur faces severe LPG supply disruptions with oil marketing company servers crashing, black market prices doubling, and induction stove stocks exhausted amid surging demand.
Rajasthan Dairies Face 20% PNG Cut, Milk Supply at Risk
Cooperative Saras dairies in Rajasthan now receive only 80% of their PNG supply, potentially disrupting milk processing and affecting school meal programs.
Innovision IPO Date Extended, Price Band Revised: GMP Details
Innovision's IPO subscription period has been extended, with a revised price band. Check the latest grey market premium (GMP) details and market insights for investors.
UPPCB Seals Unnao Tannery for Pollution Violations
The Uttar Pradesh Pollution Control Board sealed a tannery in Unnao's Dahi industrial area for discharging contaminated water and spreading foul odour, with power supply disconnected to prevent operations.
Pune Industries Face Shutdown Due to LPG Shortage Crisis
Industrial units in Pune district are on the brink of suspending operations due to severe LPG shortages, exacerbated by the West Asian conflict. MSMEs have only days of supply left, prompting urgent calls for government intervention.
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CII Rajasthan Pledges 25,000 Jobs, 10,000 Skill Training
The Confederation of Indian Industry (CII) Rajasthan has committed to providing 25,000 job appointment letters to unemployed youth across the state within six months, along with skill training for 10,000 more.
Middle East Crisis Hits US Bond Market, Mortgage Rates Rise
The ongoing Middle East conflict is impacting US financial markets, with mortgage rates rising as bond volatility persists. The 30-year fixed rate increased to 6.11%, influenced by oil price inflation and geopolitical tensions.
Bengaluru Hotels Shutdown: Online Orders Hit Today
A significant number of hotels in Bengaluru are shutting down today, affecting online food delivery services across the city. The protest highlights industry challenges.
Bajaj Broking's Top Stock Picks: NCC and HFCL for March 2026
Bajaj Broking Research recommends buying NCC and HFCL stocks on March 13, 2026, as Nifty and Bank Nifty face pressure from geopolitical tensions and rising crude oil prices.
Pune Metro Invites EoI for Private Feeder Bus Services
Maha Metro in Pune has initiated expressions of interest for private agencies to operate feeder bus services on selected routes, addressing commuter complaints about last-mile connectivity and aiming to enhance ridership.
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Borosil Halts Jaipur Production Due to LPG Supply Crisis
Borosil Ltd suspends operations at its Jaipur plant following LPG supply restrictions from OMCs, with industry representatives warning of broader sectoral closures and job losses.
Kanpur LPG Stock Adequate, Officials Assure Amid Global Tensions
Kanpur district officials confirm sufficient LPG cylinder stocks for over 1.1 million consumers, prioritizing hospitals and schools, while monitoring supply amid global oil market volatility.
RBI to Hold Rates as Inflation Supply-Driven, Says Natixis
The Reserve Bank of India is unlikely to hike interest rates now, as current inflation is a supply-driven shock, not demand-led, according to a Natixis economist. This analysis highlights the central bank's focus on external factors like crude oil prices.
Induction Cooktop Sales Soar in Punjab, Reflecting Major Shift
Induction cooktop sales in Punjab have surged dramatically, driven by rising electricity access, cost savings, and health awareness. This trend signals a significant move away from traditional cooking methods in the state.
Oil Hits $100, Stocks Sink Worldwide as Iran War Escalates
Global oil prices have skyrocketed to over $100 per barrel, triggering a sharp decline in stock markets worldwide. The ongoing conflict in Iran shows no signs of abating, raising concerns about prolonged economic instability and energy supply disruptions.
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Prayagraj Hotels Turn to Induction as LPG Shortage Hits
Prayagraj's hotels and restaurants face severe commercial LPG shortages due to global energy disruptions from West Asia conflicts, forcing a rapid shift to induction cooking despite operational challenges.
Gurgaon Drain Project to Tackle Narsingpur Waterlogging on NH8
HSIIDC will construct a 1.2 km RCC drain along the Delhi-Gurgaon Expressway to address chronic flooding, with a 12-month timeline and collaboration with NHAI for culvert work.
Hyundai Verna Facelift Launched in India: Price, Features
Hyundai Motor India has introduced the new Verna facelift, featuring cosmetic upgrades, enhanced safety, and six variants priced from Rs 10.98 lakh to Rs 18.25 lakh ex-showroom.
BOB Peon Mains Admit Cards 2026 Released
Bank of Baroda has issued admit cards for the Peon Mains Examination 2026. Qualified candidates can download hall tickets from the official website for the online exam on March 22, 2026.
Namakkal Hotel Owners Warn of Closure Amid LPG Crisis
Hotel owners in Namakkal petition the collector over severe commercial LPG shortages, warning of closures within days. Simultaneously, Salem region sees long queues at petrol pumps despite official assurances of adequate fuel supply.
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Mango Pulp Export Crisis in Krishnagiri Amid West Asia Conflict
Over 800 containers of mango pulp worth Rs120 crore are stranded at sea, with another two lakh tonnes worth Rs2,000 crore stuck in Krishnagiri factories due to West Asia unrest, severely impacting farmers and workers.
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