Fitch affirms stable outlook for state-owned financiers REC, PFC, IRFC

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.

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

New Delhi [India], March 12: In today's digital economy, enterprises depend heavily on uninterrupted technology infrastructure. As global SaaS platforms and OEM technology providers expand across markets, maintaining reliable customer and technical support has become a growing challenge. Companies are no longer looking for basic call center services but for specialized partners who can manage complex IT environments while maintaining speed, quality and brand consistency.

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.

India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.

Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being carefully rationed to ensure wider coverage, with domestic households being the top priority. The three major state-run oil marketing companies (OMCs) have initiated a judicial distribution strategy to manage the available Liquefied Petroleum Gas (LPG) stocks.

Sharma said two LNG cargos are on their way to India

New Delhi [India], March 11: Nippon Paint India, part of the NIPSEA Group and the No. 1 paint and coatings companies in the Asia Pacific region, has announced a strategic partnership with Humble Bee, a purpose-driven social enterprise working to transform India's beekeeping ecosystem through innovation and sustainable practices.

India is not China as the two countries differ significantly in their global outlook, development model and approach to international partnerships, Amb (ret) Atul Keshap, President of the US-India Business Council (USIBC), told ANI today. Keshap, who is also Senior Vice President for South Asia at the US Chamber of Commerce, said India's rise in global affairs would benefit both the United States and the broader international community.

New Delhi [India], March 10: Shanvi Resources Private Limited (SRPL), an ISO-certified and CMMI Level 5 mining and exploration consultancy based in Bhubaneswar, Odisha, has announced the strategic expansion of its global advisory operations. As demand for critical minerals rises worldwide and regulatory standards become more stringent, SRPL is strengthening its position as an independent technical advisor to mining companies, investors, and government institutions across international markets. The expansion marks a significant step in the company's mission to deliver reliable, transparent, and globally compliant mining advisory services.