Business News: Economy & Markets

Working swiftly to assist stranded nationals, ensure safety of shipping and India’s energy security: MEA

IANS | March 12, 2026 4:36 PM

New Delhi, March 12 (IANS) India continues to work extensively on extending assistance to Indian nationals in Iran and at the same time is also addressing issues pertaining to the safety of shipping and country's energy security amid the ongoing conflict in West Asia, the Ministry of External Affairs (MEA) stated on Thursday.

Pakistan forced to announce temporary austerity measures amid West Asia tensions

IANS | March 12, 2026 4:29 PM

New Delhi, March 12 (IANS) Amid deepening economic crisis as West Asia conflict rages, Pakistan has announced a series of temporary austerity measures aimed at reducing government expenditure and conserving fuel, according to a report.

India's retail inflation edges up to 3.2 per cent in February

IANS | March 12, 2026 4:28 PM

New Delhi, March 12 (IANS) India's inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, edged up to 3.21 per cent for February compared to the same month of the previous year, according to data released by the Ministry of Statistics on Thursday.

India ranks 3rd in global cross-border employment, accounts for 7 pc of AI trainers: Report

IANS | March 12, 2026 4:08 PM

New Delhi, March 12 (IANS) India ranks as the third-largest cross-border hiring pool globally and accounts for 7.2 per cent of the world’s AI trainers, underscoring the country’s growing role in the global digital workforce, according to a report released on Thursday.

Railways deploying AI-based inspection systems, drones, other technologies: Ashwini Vaishnaw

IANS | March 12, 2026 3:59 PM

New Delhi, March 12 (IANS) Indian Railways is deploying and piloting several advanced technologies, including artificial intelligence-based inspection systems and drone monitoring to enhance safety and efficiency across its network, the Parliament was told on Thursday.

Sensex, Nifty end sharply lower as oil price volatility weighs on markets

IANS | March 12, 2026 3:58 PM

Mumbai, March 12 (IANS) Indian benchmark equity indices ended lower on Thursday as volatility in global oil prices dampened investor sentiment and triggered selling across sectors.

Govt to give Rs 30,000 crore to oil PSUs as LPG subsidy in 2025-26

IANS | March 12, 2026 3:35 PM

New Delhi, March 12 (IANS) The Government has approved a compensation of Rs 30,000 crore in FY 2025-26 to the public sector oil companies -- Indian Oil, Bharat Petroleum, and Hindustan Petroleum -- for supplying LPG at subsidised prices, the Parliament was informed on Thursday.

7.83 crore MSMEs register on Udyam portal, create 34.50 crore jobs: Minister

IANS | March 12, 2026 3:10 PM

New Delhi, March 12 (IANS) About 7.83 crore Micro Small and Medium Enterprises (MSMEs) have registered on the Udyam Registration portal since 2020, while 1.37 lakh MSMEs have shut down in the same period, constituting just 0.17 per cent of MSMEs which have been closed, the Parliament was informed on Thursday.

Domestic oil firms likely to absorb crude up to $90 despite Middle East tensions: Report

IANS | March 12, 2026 3:02 PM

New Delhi, March 12 (IANS) Indian oil marketing companies (OMCs) should be able to absorb average crude prices of up to around $90 per barrel over the medium term, supported in part by stronger refining margins, even as escalating tensions in West Asia raise concerns over global energy supply routes, a report said on Thursday.

Air India seeks DGCA nod to relax flight duty norms amid geopolitical tensions

IANS | March 12, 2026 2:32 PM

New Delhi, March 12 (IANS) Air India has approached the Directorate General of Civil Aviation (DGCA) seeking temporary relaxation in Flight Duty Time Limitation (FDTL) norms as escalating tensions in the Middle East force airlines to take longer diversionary routes, a report said on Thursday.

Business

Working swiftly to assist stranded nationals, ensure safety of shipping and India’s energy security: MEA

Pakistan forced to announce temporary austerity measures amid West Asia tensions

India's retail inflation edges up to 3.2 per cent in February

India ranks 3rd in global cross-border employment, accounts for 7 pc of AI trainers: Report

Railways deploying AI-based inspection systems, drones, other technologies: Ashwini Vaishnaw

Sensex, Nifty end sharply lower as oil price volatility weighs on markets

Govt to give Rs 30,000 crore to oil PSUs as LPG subsidy in 2025-26

7.83 crore MSMEs register on Udyam portal, create 34.50 crore jobs: Minister

Domestic oil firms likely to absorb crude up to $90 despite Middle East tensions: Report

Air India seeks DGCA nod to relax flight duty norms amid geopolitical tensions

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