Business

Daikin India redefines future of cooling

In the commercial and high-end residential segment, Daikin is raising the bar with the VRV Alpha.

2026-03-06T11:18:58.014017+00:00 IST

Maharashtra budget announced farm loan waiver up to Rs 2 Lakh, fo

Maharashtra Chief Minister and Finance Minister Devendra Fadnavis on Friday announced a farm loan waiver scheme under which eligible farmers with overdue crop loans will receive relief of up to Rs 2 lakh. Presenting the state budget for 2026-27, Fadnavis also proposed an incentive of Rs 50,000 for farmers who have been regularly repaying their loans.

2026-03-06T11:16:03.833312+00:00 IST

Shaan Patel launches Quant Investment Firm

Shaan Patel Asset Management (SPAM), a quantitative investment firm focused on data-driven equity strategies, is emerging as a new entrant in India's alternative investment landscape. According to the company, it currently manages close to ₹36 crore in assets and operates within the regulated Alternative Investment Fund (AIF) framework in India.

2026-03-06T10:56:54.560757+00:00 IST

Indian stocks close week's trading in red amid West Asia conflict

After a rebound the previous session, Indian stock indices traded again in the red on Friday, ending the week on a weak note amid tensions in West Asia.

2026-03-06T10:40:46.817548+00:00 IST

'Veg thali cost remained flat, non-veg declined 3% in February'

The cost of a home-cooked vegetarian (veg) thali was flat year-on-year in February 2026, while a non-vegetarian (non-veg) thali declined 3 per cent, according to the 'Roti Rice Rate' report of Crisil Intelligence.

2026-03-06T10:24:21.735898+00:00 IST

"India in very comfortable position on crude, petroleum"

India is in a "very comfortable position" regarding crude oil, petroleum products and LPG supplies despite concerns over disruptions through the Strait of Hormuz, government sources said on Friday.

2026-03-06T10:14:28.392260+00:00 IST

'16th Finance Commission proposals long-term positive for states'

The recommendations of the 16th Finance Commission (FC), which emphasise reducing revenue deficits and boosting growth-oriented capital spending, are expected to support the fiscal health of states in the long term, according to a report by CRISIL Ratings. However, the rating agency noted that near-term challenges may persist due to limited incremental fiscal support from the Centre.

2026-03-06T10:08:34.789342+00:00 IST

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Business

Inter-Ministerial Group in constant touch with exporters: Goyal

Commerce Minister Piyush Goyal on Friday said that the recently-created Inter-Ministerial Group has been in regular touch with exporters, amidst tensions in West Asia that invariably disrupted trade and shipping lines.

2026-03-06T09:29:57.968630+00:00 IST

Business

Infra companies diversifying to other segments as NHAI

Infrastructure companies are increasingly diversifying their order books amid a slowdown in road project ordering, with competition intensifying and margin pressures rising in the sector, according to a report by PhillipCapital.

2026-03-06T09:20:23.634032+00:00 IST

Business

Gen AI adoption to drive new opportunities for Indian IT companie

The Indian IT services sector is likely to emerge stronger from the ongoing generative artificial intelligence (Gen AI) disruption. The technology is likely to expand the industry's addressable market even as near-term volatility persists.

2026-03-06T08:58:14.521993+00:00 IST

Business

Reliance Consumer Products sign MoU with Finnish Food Major Fazer

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, signed a Memorandum of Understanding (MoU) with Finnish food major Fazer to establish a long-term strategic partnership in India.

2026-03-06T08:42:11.927550+00:00 IST

Business

India’s macroeconomic outlook resilient despite West Asia conflic

India's macroeconomic outlook remains resilient despite heightened global risk conditions and escalating military tensions in West Asia. According to a report by Shriram Wealth, while immediate market volatility persists, India's strong foreign exchange reserves of over USD 700 billion and manageable trade deficits provide a significant buffer against external shocks.

2026-03-06T08:15:28.295673+00:00 IST

Business

Most states record CPI inflation below 3% in January 2026

India's Consumer Price Index (CPI) inflation remained subdued across most states in January 2026, under the new CPI series, with the majority reporting inflation below the 3 per cent mark, according to a report by SBI Research.

2026-03-06T08:02:09.181726+00:00 IST

Business

Cement outlook for March positive, geopolitical issues

Cement demand showed improvement in February 2026 and is expected to remain strong through March 2026, according to a report by Nuvama.

2026-03-06T07:48:18.344572+00:00 IST

Business

Revised CPI basket signals shift toward services

The new Consumer Price Index (CPI) series with base year 2024 reflects significant structural changes in consumption patterns and inflation measurement, but is unlikely to materially alter the overall inflation outlook, according to a report by SBI Research.

2026-03-06T07:27:50.739355+00:00 IST

Business

‘Porter’ founders Pranav Goel and Uttam Digga awarded

Celebrating entrepreneurial excellence, EY has named Pranav Goel and Uttam Digga, co-founders of Porter, as winners of the Entrepreneur Of The Year™ 2025 Award in the Start-up category. An eminent 11-member jury acknowledged Porter for its visionary leadership and the company's transformative role in reshaping India's intra-city logistics landscape through technology-driven innovation and customer-centric solutions.

2026-03-06T07:27:13.432220+00:00 IST

Business

Animal Husbandry a high-growth pillar of rural economy: PM Modi

The animal husbandry sector is a high-growth pillar of the rural economy and serves as a vital component of India's economic system, Prime Minister Narendra Modi said on Friday.

2026-03-06T07:08:11.375320+00:00 IST

Business

Only 18% of young women in India in paid work vs 79% of young men

Only 18 per cent of young women in India aged 20-29 are in paid employment compared to nearly 79 per cent of young men, despite achieving near gender parity in higher education. A new white paper by the Centre for Finance & Economics Research (CFER) at Great Lakes Institute of Management reveals that fewer than half of young adults are employed, with women's low participation acting as the primary driver of interstate variation.

2026-03-06T06:52:34.007704+00:00 IST

Business

Asia should prioritise exchange-rate stability

Asian economies should strengthen policy frameworks and focus on stabilisation measures as the ongoing conflict in the Middle East threatens the region's energy, trade, and financial resilience, according to Albert Park, Chief Economist of the Asian Development Bank (ADB).

2026-03-06T06:00:39.245133+00:00 IST

Business

West Asia crisis could raise energy risks for India

Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though India's underlying economic momentum remains relatively resilient, according to a report by Jefferies.

2026-03-06T05:28:05.907875+00:00 IST

Business

Bears dominate opening trade, Nifty down 109 pts, Sensex slips

The bearish dominance returned to the Indian stock markets on Friday's opening session as both benchmark indices opened in the red, with rising crude oil prices continuing to influence investor sentiment.

2026-03-06T04:07:28.511418+00:00 IST