Business News: Economy & Markets

Mesabi Metallics secures 520 million dollars from Breakwall Capital

IANS | March 31, 2026 6:45 PM

Nashwauk, MN (United States), March 31 (IANS) Mesabi Metallics Company LLC (Mesabi Metallics), backed by the Essar Group, on Tuesday announced that it has entered into a new 520 million dollar senior secured credit facility with Valor Mining Credit Partners II, L.P. (VMP II), a dedicated mining and critical minerals credit fund managed by Breakwall Capital LP (Breakwall) in partnership with Vitol, as it advances toward commercial operations later this year.

Postal unions meet Dr Jitendra Singh to discuss pensions, cadre restructuring concerns

IANS | March 31, 2026 5:28 PM

New Delhi, March 31 (IANS) A delegation of postal employees and representatives of various postal unions met with Minister of State for Personnel, Public Grievances, Pensions, and Atomic Energy, Dr Jitendra Singh, to discuss cadre restructuring, implementation of financial upgradation schemes, pension issues, the government said on Tuesday.

Mumbai logs 15,516 property registrations in strongest March in 14 years

IANS | March 31, 2026 5:20 PM

New Delhi, March 31 (IANS) The city of Mumbai recorded 15,516 property registrations in March, generating over Rs 1,492 crore in stamp duty revenue for the state exchequer, a report said on Tuesday.

India's $700 billion reserves can deter speculation, targeted FX tools necessary: Report

IANS | March 31, 2026 4:55 PM

New Delhi, March 31 (IANS) India’s foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday.

India’s bioeconomy nears $200 billion, innovation push signals next growth phase

IANS | March 31, 2026 4:52 PM

New Delhi, March 31 (IANS) India’s bioeconomy is approaching the $200 billion mark, which is a significant milestone in its evolution with a strong policy push and growing innovation pipeline signalling the next phase of growth, according to a report released on Tuesday.

No more cash at Toll Plazas: NHAI to enforce 100 pc digital payments from April 1

IANS | March 31, 2026 4:13 PM

New Delhi, March 31 (IANS) Road users across India will no longer be able to pay toll fees in cash from April 1 as the National Highways Authority of India (NHAI) shifts to a fully digital payment system.

STT hike on futures and options from April 1, long-term impact limited

IANS | March 31, 2026 4:05 PM

New Delhi, March 31 (IANS) With the FY26 fiscal set to end on Tuesday, investors are gearing up for several reforms, including revised Securities Transaction Tax (STT) rules that will come into effect from April 1.

3.1 lakh PNG connections gasified in March, 2.7 lakh more being added

IANS | March 31, 2026 3:58 PM

New Delhi, March 31 (IANS) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday.

Four semiconductor plants to be ready in India this year, says Ashwini Vaishnaw

IANS | March 31, 2026 3:40 PM

Sanand (Gujarat), March 31 (IANS) Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat.

IndiGo appoints IATA Director General William Walsh as CEO

IANS | March 31, 2026 3:40 PM

New Delhi, March 31 (IANS) InterGlobe Aviation Limited, the parent company of IndiGo, on Tuesday appointed William Walsh as Chief Executive Officer, subject to regulatory approvals, after Pieter Elbers resigned as the CEO of the low-cost airline earlier this month.

business

Mesabi Metallics secures 520 million dollars from Breakwall Capital

Postal unions meet Dr Jitendra Singh to discuss pensions, cadre restructuring concerns

Mumbai logs 15,516 property registrations in strongest March in 14 years

India's $700 billion reserves can deter speculation, targeted FX tools necessary: Report

India’s bioeconomy nears $200 billion, innovation push signals next growth phase

No more cash at Toll Plazas: NHAI to enforce 100 pc digital payments from April 1

STT hike on futures and options from April 1, long-term impact limited

3.1 lakh PNG connections gasified in March, 2.7 lakh more being added

Four semiconductor plants to be ready in India this year, says Ashwini Vaishnaw

IndiGo appoints IATA Director General William Walsh as CEO

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