Aviation ministry seeks postponement of GST implementation till Sept 1

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

Insurers and reinsurers that provide coverage of complex risks such as marine, aviation and political violence are likely to face outsized claims as a result of the ongoing Iran conflict, said Moody's Ratings.

Noida (Uttar Pradesh) [India], March 12: As artificial intelligence adoption accelerates across industries, many enterprises are discovering a critical gap between AI-generated responses and real business execution. While most AI tools assist with information or automate isolated steps, they often fail to operate within the structured rules, permissions, and accountability systems that real organizations require. Noida-based FuturixAI Lab Pvt. Ltd. is aiming to address that gap by building governed AI systems designed not just to answer questions, but to execute work responsibly within enterprise frameworks.

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

New Delhi [India], March 12: As summer approaches, choosing the right air conditioner becomes one of the more important home decisions of the year. For modern homes -- where energy efficiency, air quality, and smart connectivity matter as much as cooling performance -- Samsung ACs are built to tick all three boxes. Whether it is a studio apartment or a large living room, Samsung's 2026 lineup is designed to match the way modern households actually live and cool.

Sharma said two LNG cargos are on their way to India

Ahmedabad (Gujarat) [India], March 11: A remarkable breakthrough has occurred in the field of environmental science that could redefine the way pollution is controlled. Ahmedabad-based Radheeka Environment Private Limited has developed an innovative machine called AIR TREATMENT PLANT (ATP) that not only cleans air and dust but also operates using dirty water (wastewater) and in return releases purified water.

Steel Authority of India Limited (SAIL) recorded its highest-ever sales performance during the first 11 months of the current fiscal year, bolstered by a 14 per cent year-on-year (YoY) growth. According to the Ministry of Steel, SAIL achieved total sales of 18.24 million tonnes (MT) between April 2025 and February 2026. Alongside this volume growth, the company expanded its product portfolio through the reintroduction of chequered plates to meet specific market demands.

Private life insurers reported robust 20.2 per cent year-on-year (YoY) growth in individual Annualized Premium Equivalent (APE) as the industry continues to see significant expansion. According to a Nuvama report, for FY26TD, the market share for private insurers in the individual APE segment surged 164bp YoY to 72.4 per cent.