Business News: Economy & Markets

World leaders express readiness to make 'appropriate efforts' to open Strait of Hormuz

IANS | March 21, 2026 7:54 PM

Abu Dhabi, March 21 (IANS) The effects of Iran's actions will be felt by people in all parts of the world, especially the most vulnerable, several world leaders stated on Saturday while strongly condemning Tehran's attacks on unarmed commercial vessels in the Gulf and civilian infrastructure, including oil and gas installations in the region.

Adani Electricity remains India’s top-ranked distribution utility for 2nd consecutive year

IANS | March 21, 2026 7:08 PM

Mumbai, March 21 (IANS) Adani Electricity Mumbai Limited (Adani Electricity), part of the diversified Adani Group, has retained its position as India’s top-ranked distribution utility for the second consecutive year with a score of 92.5, reflecting consistent performance across key parameters, the company said on Saturday.

Govt launches carbon market portal at Prakriti 2026 Summit

IANS | March 21, 2026 6:29 PM

New Delhi, March 21 (IANS) The Union government, on Saturday, commenced the International Conference on Carbon Markets -- Prakriti 2026 -- bringing together policymakers, industry leaders and global experts to deliberate on carbon markets and climate action.

China could fall into cost-driven inflation due to US-Iran war: Report

IANS | March 21, 2026 5:36 PM

New Delhi, March 21 (IANS) China could move out of deflation but into a harmful form of 'cost‑driven inflation' as the Iran war pushes global energy prices higher, a new report has said.

Raids continue to check hoardings, black marketing of LPG: Centre

IANS | March 21, 2026 5:19 PM

New Delhi, March 21 (IANS) The government on Saturday said that raids continue to be carried out in many of the states and Union Territories (UTs) to check the hoardings and black marketing of LPG.

India’s maritime sector operates smoothly, over 534 seafarers repatriated so far: Govt

IANS | March 21, 2026 5:11 PM

New Delhi, March 21 (IANS) The maritime sector continues to operate smoothly with no congestion reported across ports, the government said on Saturday, adding that it remains in close coordination with state maritime boards and other stakeholders to ensure safety of seafarers and uninterrupted maritime trade and port operations.

Centre increases commercial LPG allocation to 50 pc for states and UTs as panic booking dips

IANS | March 21, 2026 4:59 PM

New Delhi, March 21 (IANS) The government on Saturday said that it has allowed another 20 per cent allocation of commercial LPG to states and Union Territories (UTs), which would take overall allocation to 50 per cent (including 10 per cent allocation based on ease of doing reforms for PNG expansion).

India to become global pharma and medtech hub to boost GDP: Jitendra Singh

IANS | March 21, 2026 4:43 PM

New Delhi, March 21 (IANS) Union Minister Dr Jitendra Singh on Saturday said that India is steadily evolving into a robust pharma economy, which could help as a significant contributor to the country’s overall GDP.

Bangladesh's Family Card programme risks huge fiscal burden, social welfare cuts

IANS | March 21, 2026 4:29 PM

New Delhi, March 21 (IANS) Bangladesh's launch of the Family Card programme, promising 2,500 (in local currency) monthly allowance for vulnerable families risks serious fiscal strain and may doom its overburdened social‑welfare system, a new report has said.

7 pc continuous growth can make India prosperous and wealthy by 2047: Report

IANS | March 21, 2026 3:48 PM

New Delhi, March 21 (IANS) India can become a prosperous and wealthy nation by 2047,if the economy continues to grow at a strong pace and maintains a rate of 7 per cent over the long term, according to a new report.

Business

World leaders express readiness to make 'appropriate efforts' to open Strait of Hormuz

Adani Electricity remains India’s top-ranked distribution utility for 2nd consecutive year

Govt launches carbon market portal at Prakriti 2026 Summit

China could fall into cost-driven inflation due to US-Iran war: Report

Raids continue to check hoardings, black marketing of LPG: Centre

India’s maritime sector operates smoothly, over 534 seafarers repatriated so far: Govt

Centre increases commercial LPG allocation to 50 pc for states and UTs as panic booking dips

India to become global pharma and medtech hub to boost GDP: Jitendra Singh

Bangladesh's Family Card programme risks huge fiscal burden, social welfare cuts

7 pc continuous growth can make India prosperous and wealthy by 2047: Report

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