Business News: Economy & Markets

EU-India FTA comes as strategic hedge amid new world order

IANS | March 4, 2026 3:29 PM

New Delhi, March 4 (IANS) The successful conclusion of the negotiations on the EU-India Free Trade Agreement (FTA) comes against the backdrop of the dramatic shift in the global strategic environment, which led to a stepping up of efforts by the two sides to recalibrate the bilateral economic partnership, according to an article published by the European Policy Centre (EPC).

India’s PMI services remain strong in February at 58.1

IANS | March 4, 2026 3:17 PM

New Delhi, March 4 (IANS) India’s services sector continued to expand at a healthy pace in February, even as growth in new orders slowed amid rising competition, according to the latest data from the HSBC India Services PMI Business Activity Index.

India market weakness a buying opportunity, earnings revival ahead: Report

IANS | March 4, 2026 2:01 PM

Mumbai, March 4 (IANS) Indian stock markets may look weak on the surface, but the current phase offers a strong buying opportunity for long-term investors, a report said on Wednesday.

Japan, India in talks to jointly develop Rajasthan rare earth deposits

IANS | March 4, 2026 12:53 PM

New Delhi, March 4 (IANS) In a move aimed at reducing dependence on China for critical minerals, Japan is in discussions with India to jointly explore rare earth deposits in the desert state of Rajasthan, according to reports.

India to operate 58 flights from Gulf cities as Middle East airspace remains closed

IANS | March 4, 2026 10:23 AM

Mumbai, March 4 (IANS) Indian carriers have taken initiatives to operate 58 flights on Wednesday to repatriate passengers stranded in the Middle East, even as most regional airspace remained closed or restricted amid escalating conflict involving the United States, Israel and Iran.

Hyundai, Kia post record Feb sales in US on strong demand for SUV, hybrid cars

IANS | March 4, 2026 10:03 AM

Seoul, March 4 (IANS) Hyundai Motor and Kia reported record vehicle sales for February in the United States, driven by robust demand for sport utility vehicles (SUVs) and hybrid models, the automakers said on Wednesday.

India’s global chemical sector share to increase to 5-6 pc by 2030

IANS | March 4, 2026 9:56 AM

New Delhi, March 4 (IANS) India’s global chemical sector share is set to increase to 5-6 per cent by 2030 and achieve a $1 trillion turnover by 2040, according to the government.

Indian stock markets plummet over 2 pc rattled by Middle East tensions

IANS | March 4, 2026 9:41 AM

Mumbai, March 4 (IANS) The Indian equity markets opened sharply lower on Wednesday, tracking weak global cues and aggressive FII short positioning in index futures amid escalating geopolitical tensions in the Middle East.

India building trusted digital bridges for the world: Jyotiraditya Scindia

IANS | March 4, 2026 9:28 AM

New Delhi, March 4 (IANS) India is not only building networks for its 1.4 billion citizens but building trusted digital bridges for the world, Union Communication Minister Jyotiraditya Scindia has said.

Indian Railways clears Holi rush on war footing

IANS | March 3, 2026 9:26 PM

New Delhi, March 3 (IANS) Indian Railways continues to maintain enhanced operational preparedness this week with the running of special trains to facilitate safe, smooth, timely and comfortable travel for passengers during the ongoing Holi festive rush across the country, an official statement said on Tuesday.