Nifty 500 companies report 16 pc profit growth in Q3, highest in 8 quarters

IANS | March 13, 2026 1:33 PM

New Delhi, March 13 (IANS) The corporate earnings in India have shown strong momentum, with profits of companies in the Nifty 500 index rising 16 per cent year-on-year (YoY) in the third quarter of FY26 -- an eight-quarter high and one of the strongest reporting seasons in recent years, a report said on Friday.

From powerhouse to periphery: The collapse of heavy-industry hub in Bengal

Jayanta Bhattacharya | March 13, 2026 1:01 PM

Asansol, March 13 (IANS) Asansol-Durgapur, in West Bengal’s Paschim Bardhaman district, once one of eastern India’s most important heavy industrial belts with steel and engineering works and built on the Raniganj coalfield, has seen large‑scale industrial decline, mine closures, and restructuring since the late 20th century. Today, the region still hosts active coal and steel operations but faces deindustrialisation, job losses, and a gradual shift towards services and smaller industries

Centre seizes illegal synthetic drugs worth Rs 47 crore and 3.5 tonne chemicals, 2 held

IANS | March 13, 2026 11:42 AM

New Delhi, March 13 (IANS) The Directorate of Revenue Intelligence (DRI) has busted a clandestine facility engaged in the production of Alprazolam -- a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985 -- in the Kondapalli Industrial Development Area of NTR district in Andhra Pradesh, the Finance Ministry said on Friday.

KV Ramana Murty appointed as SEBI’s whole‑time member

IANS | March 13, 2026 10:22 AM

Mumbai, March 13 (IANS) Kompella Venkata Ramana Murty, a 1991‑batch Indian Defence Accounts Service officer and former Additional Controller General of Defence Accounts, has been appointed as a whole‑time member of the Securities and Exchange Board of India (SEBI) for a three‑year term, the Department of Economic Affairs said in an official statement.