Plumes of smoke rise as strikes hit the city during the U.S.‚ Israeli military campaign in Tehran, Iran, on March 5, 2026. | Photo Credit: AP “Conflict in West Asia poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum,” an external member of the Reserve Bank of…
Mangalore Refinery and Petrochemicals declared force majeure on all gasoline export cargoes for March and April amid conflict between U.S. and Iran that has upended crude oil flows from the Gulf, traders said on Wednesday (March 4, 2026). The two traders, who deal with the company and said they received a notice from them, said…
Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto India’s services sector growth slowed in February as new business rose at its slowest pace in over a year and firms faced the steepest cost pressures in two-and-a-half years, a survey showed. The HSBC India Services Purchasing Managers’ Index , compiled by S&P Global,…
BDCC bank building in Belagavi. File. | Photo Credit: The Hindu Photo Library The Reserve Bank of India (RBI) has imposed a fine of ₹2 lakh on the Belagavi District Central Cooperative (BDCC) Bank for non compliance of loan disbursal norms. The cooperative bank had violated rules regarding non disbursal of loans to directors, crossing…
Concerns over India’s fuel stock position emerged as tensions escalated in West Asia, with Iran and Israel along with ally United States engaging in a conflict, that led to the closure of the Strait of Hormuz. Image for representation. | Photo Credit: Getty Images/iStockphoto India has sufficient stock of crude oil and that of energy…
Tata Group Chairman N. Chandrasekaran. File. | Photo Credit: ANI Tata Group Chairman N. Chandrasekaran on Tuesday (March 3, 2026) hoped that the current conflict between Iran and the US-Israel does not affect the supply chain, and said the conglomerate has plans to mitigate risks that can emanate from the ongoing war in West Asia….
In this screengrab from a video posted on March 3, 2026, Prime Minister Narendra Modi speaks during the post-budget webinar on ‘Sustaining and Strengthening Economic Growth’. Photo: @NarendraModi/YT via PTI Prime Minister Narendra Modi on Tuesday (March 3, 2026) urged industry leaders to step up investments, embrace emerging technologies and prioritise research to help India…
the manufacturing sector saw growth slow to 4.8% in January 2026 from 8% in December 2025 and 5.8% in January 2025. File | Photo Credit: Reuters India’s industrial activity slowed to a three-month low of 4.8% in January 2026, dragged down by a broad-based slowdown across manufacturing, mining, electricity, and consumer-facing sectors, official data showed….
Fitch Group company BMI said that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and U.S. on GDP. Photo: Wikipedia Fitch Group company BMI on Tuesday (March 3, 2026) said that the ongoing conflict in the Middle East could discourage…
The Ministry of Petroleum and Natural Gas said it reviewed on Monday (March 2, 2026) the supply of oil, natural has and other petroleum products. Photo: X/@PetroleumMin The Ministry of Commerce and Industry on Monday (March 2, 2026) held a meeting with all stakeholder Ministries, key logistics and trade facilitation partners to review the emerging…
