Business
“$50 oil surge could wipe out 2% of India’s GDP,” warns Neelkanth
In an interview with ANI, Mishra highlighted that India's heavy reliance on imported "dense energy" makes it a primary target for global price volatility. "Every dollar increase per barrel costs approximately $1.8 billion annually. For instance, a $50 increase in oil prices represents a $90 billion impact, which is more than 2% of our GDP if sustained for a year."
AC Delco, Assurance International partner to market products
Tech Mahindra and SCSK AP partner to fast-track expansion of comp
Nasscom issues advisory on strengthening operational and cyber re
Iran conflict raises new credit risks for emerging markets: Fitch
District Play & TIDA Sports join forces
TCS launches Gemini experience centre in the US to accelerate AI
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The path to ‘Viksit Bharat’ goes through getting more women into
The report titled "The Missing Half: Women and India's Growth Challenge" argues that to sustain a growth of around 7 per cent over 25 years, necessary for 'Viksit Bharat' by 2050, overall worker participation in paid work must rise from about 47 per cent to nearly 60 per cent. This can only be achieved with active women's participation in paid work. It is important to note that at present, India has one of the lowest female labour force participation rates in paid work among G20 economies.
Indian carriers plan 50 flights today between India and West Asia
According to a statement released by the Ministry of Civil Aviation, "Indian carriers are planning 50 flights for 9th March 2026" from the West Asia region. Passenger movement data for March 7, 2026, shows that a total of 51 inbound flights operated by Indian carriers arrived in India from the region. The flights carried a total of 8,175 passengers. For March 8, 2026, Indian carriers - Air India, Air India Express, Indigo, Spicejet and Akasa - have planned 49 inbound flights from airports in the region, such as Dubai, Abu Dhabi, Ras Al Khaimah, Fujairah, Muscat and Jeddah, subject to operational feasibility and prevailing conditions, the statement informed.
Nashik Municipal Corporation issued its first public Green Munici
The Nashik Municipal Corporation listed Maharashtra's Urban Local Body (ULB)'s 1st public issue of Green Municipal Bonds on the National Stock Exchange today. Posting on its social media, NSE congratulated Nashik Municipal corporation saying, "Congratulations to Nashik Municipal Corporation on listing of Maharashtra's ULB's 1st Public Issue of Green Municipal Bonds on NSE today." Maharashtra's Chief Minister, Devendra Fadnavis, was also present at the ceremony.
India can sustain 8% growth over next two decades: K Subramanian
Former Chief Economic Advisor Krishnamurthy Subramanian has expressed confidence that India can sustain an average economic growth rate of around 8 per cent over the next two decades, arguing that policymakers must aim for such expansion if the country is to fully realise its long-term economic potential.
Global auto sector faces tariff pressures, chip shortages
The global automobile industry is facing structural headwinds including tariff-related pressures, elevated raw material costs, and persistent supply chain disruptions. A recent report by Elara Securities noted that shortages of memory chips have emerged as the latest challenge impacting production.
UBS flags margin risks for Indian OMCs as crude volatility intens
A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil market volatility intensifies due to geopolitical tensions in West Asia.
Rupee hits all-time low of 92.52 against US dollar
The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices and rising demand for the greenback.
Markets bleed as crude spikes, Nifty drops 582 pts, Sensex falls
The share markets in the country opened with a bloodbath on Monday as both benchmark indices declined sharply in the opening session amid a huge surge in crude oil prices and heavy selling across global markets.
Asian markets fall after crude surge, Nikkei & KOSPI tank 7 %
Asian markets tanked in the opening session on Monday, with Japan's Nikkei and South Korea's KOSPI falling around 7 per cent, after crude oil prices surged sharply amid escalating geopolitical tensions in West Asia.
Brent crude surges over 25% to USD 116.5 per barrel
Brent crude prices surged sharply on Monday, rising by more than 25 per cent to USD 116.5 per barrel, amid the ongoing conflict in West Asia which has made crude prices bullish.
Iran’s absence in oil market likely to be offset by oversupply
Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against potential supply disruptions, according to a report by CareEdge.
Global firms see India as key growth market
India continues to remain a structural growth market in global commentary, though the tone during the quarter remained mixed following an uneven CY25 performance for several global peers, according to a report by Investec Equities.
US gold revaluation could wipe out 70 per cent of budget deficit
The SBI Research report notes, "With the supply-supply chain triggered squeeze anchoring higher spot and forward prices across Gas and Oil, the US enterprises could reap benefits that more than adequately compensate the spending on war."
Gold prices in India drop in February: Report
The report titled "When the dollar turns on itself" states that while gold gained on the international market, local prices in India fell because the Indian rupee became much stronger after a trade agreement with the US.
Top Story
The path to ‘Viksit Bharat’ goes through getting more women into
Indian carriers plan 50 flights today between India and West Asia
Nashik Municipal Corporation issued its first public Green Munici
India can sustain 8% growth over next two decades: K Subramanian
Global auto sector faces tariff pressures, chip shortages
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