Iranian TV and Social Media Project Defiant and Distorted View of the War
GLOBAL NEWS | Thu, 5 Mar 2026, 3:54AM IST
State media and online propagandists are striking a confident posture, despite heavy losses. Some of the content was generated by artificial intelligence.
Continue reading at The New York Times
1h
Travelers Stranded by U.S.-Israel Conflict With Iran Face Endless Flight Cancellations
GLOBAL NEWS | Thu, 5 Mar 2026, 3:39AM IST
Even far from hubs like Dubai and Abu Dhabi, the disruptions from the growing violence have left people jumping from one cancellation to the next.
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1h
What to Know About Irans Drones, Which Are Cheap to Launch but Expensive to Intercept
GLOBAL NEWS | Thu, 5 Mar 2026, 2:25AM IST
What to know about Irans cheap, noisy Shahed drones and the expensive defense systems trying to stop them.
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2h
CD ratio at 82.5%, banks step up short-term borrowings
INDIA BUSINESS | Thu, 5 Mar 2026, 1:00AM IST
To bridge the gap, banks turned to short-term borrowings, issuing Rs 1.34 lakh crore worth of certificates of deposit (CDs) - the highest ever for any two-week period - underscoring their continued reliance on market funding to sustain loan growth.
Continue reading at Economic Times
4h
IIFL Finance looks at options to exit microfin arm Samasta
INDIA BUSINESS | Thu, 5 Mar 2026, 12:57AM IST
Piramal Finance is one of the interested parties and negotiations with it have progressed a bit, they said, adding that the discussions are at a preliminary stage.
Continue reading at Economic Times
4h
Life insurers sharpen focus on annuity and pension products
INDIA BUSINESS | Thu, 5 Mar 2026, 12:55AM IST
The change comes with rising longevity, limited social security coverage and growing awareness around the need for stable post-retirement income. Pension and annuity segments together consist of 18.87% of the total life insurance industry, as of March 2025. This segment is growing faster than the industry for most insurance companies.
Continue reading at Economic Times
4h
Life insurers bet big on annuity plans
INDIA NEWS | Thu, 5 Mar 2026, 12:55AM IST
Mumbai: Life insurers are sharpening their focus on annuity and pension products, betting on an ageing population to drive long-term growth. Aditya Birla Sun Life Insurance is launching index-guaranteed annuity plan, while SBI Life Insurance and HDFC Life Insurance are planning deferred and variable annuity offerings.The change comes with rising longevity, limited social security coverage and growing awareness around the need for stable post-retirement income.Pension and annuity segments together consist of 18.87% of the total life insurance industry, as of March 2025. This segment is growing faster than the industry for most insurance companies. Annuities offer sticky, capital-efficient business, but require careful pricing and hedging discipline in a volatile rate environment. SBI Life Insurance, which saw annuity and pension contributing 36% of individual new business in Q3FY26, is working on a deferred annuity product to address the demand for long term retirement solutions.
Continue reading at Economic Times
4h
Indian, Gulf airlines rush to fly special flights on select routes
INDIA BUSINESS | Thu, 5 Mar 2026, 12:41AM IST
Airspace restrictions over West Asia are causing major disruptions. Over 500 flights are cancelled. Indian and Gulf airlines are arranging emergency repatriation flights. Some airlines are redeploying capacity to other international routes. Special flights are being operated to bring stranded Indian nationals home. Flights to some West Asian destinations remain suspended.
Continue reading at Economic Times
4h
Pvt lenders to log higher liquidity coverage ratios gains on wholesale deposits
INDIA BUSINESS | Thu, 5 Mar 2026, 12:37AM IST
New banking rules starting April 1 will boost liquidity coverage ratios for banks holding more wholesale deposits. Private lenders are set to benefit more as certain wholesale deposits will attract lower run-off factors. This change is expected to improve the overall LCR for banks. Public sector banks may see a smaller advantage from these adjustments.
Continue reading at Economic Times
4h
Call for clean tech has automakers fishing for talent
INDIA BUSINESS | Thu, 5 Mar 2026, 12:33AM IST
India's auto industry is grappling with a critical lack of engineers for electric, hybrid, and other clean fuel technologies. Companies like Maruti Suzuki and Hyundai are boosting recruitment as they launch new models. This talent gap is driven by government incentives and stricter emission norms. The demand for these specialists is high, leading to increased competition for skilled professionals.
Continue reading at Economic Times
4h
Godrej Prop buys land parcels for 1,325 crore
INDIA BUSINESS | Thu, 5 Mar 2026, 12:20AM IST
Godrej Properties has acquired two land parcels totaling over 16 acres in Gurugram and Kolkata. The company spent approximately 1,325 crore on these acquisitions. These land parcels will be used to develop new housing projects. Godrej Properties anticipates a total revenue of around 6,150 crore from these upcoming developments. This expansion signals strong business growth amid high demand.
Continue reading at Economic Times
4h
Basmati rice prices fall in local market as Iran war disrupts exports
INDIA BUSINESS | Thu, 5 Mar 2026, 12:18AM IST
Basmati rice prices have dropped locally due to disruptions in exports to the Middle East. This key market accounts for half of India's basmati rice shipments. Industry experts anticipate further price declines if the conflict persists. Around 400,000 tonnes of basmati rice are currently held up at ports and in transit.
Continue reading at Economic Times
4h
Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day
INDIA BUSINESS | Thu, 5 Mar 2026, 12:14AM IST
The U.S. submarine strike on the Iranian vessel came as U.S. President Donald Trump pledged to provide insurance and navy escorts to ships exporting oil and gas from the Middle East in a bid to contain soaring energy prices. At least 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers including Iraq, Saudi Arabia and Qatar, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform.
Continue reading at Economic Times
5h
Gujarat Gas restricts industrial supply, invokes force majeure
INDIA BUSINESS | Thu, 5 Mar 2026, 12:13AM IST
Gujarat Gas has invoked force majeure on its gas supply agreements. This action restricts daily contracted quantities for industrial users. The company cites severe constraints in regasified liquefied natural gas availability. The ongoing war in the Middle East region is impacting the gas supply scenario. Gujarat Gas is closely monitoring developments.
Continue reading at Economic Times
5h
Liquid Natural Gas Exporters Like Shell and ExxonMobil Could See Big Profits From War
GLOBAL NEWS | Thu, 5 Mar 2026, 12:06AM IST
Prices for liquefied natural gas have shot up in recent days, which could bring bigger profits for European and U.S. energy companies.
Continue reading at The New York Times
5h
Asian Paints bets on brand strength, regionalisation
INDIA BUSINESS | Wed, 4 Mar 2026, 11:58PM IST
Asian Paints is facing unprecedented competition in the paint sector. The company has strategically focused on regional branding and product innovation to regain market share. CEO Amit Syngle highlights a shift towards sustained marketing and premiumisation. The B2B segment and industrial markets are identified as key growth drivers for the future.
Continue reading at Economic Times
5h
Trump nominates Kevin Warsh as Fed chair
INDIA NEWS | Wed, 4 Mar 2026, 11:50PM IST
President Donald Trump on Wednesday sent the U.S. Senate his nomination of former Federal Reserve governor Kevin Warsh to be the U.S. central bank's next chair, ticking off an early step in what promises to be a contentious path toward his long-held goal of installing a rate-cut friendly Fed chief. Warsh, who would take over from Jerome Powell after his leadership term ends May 15, would serve a four-year-term that began February 1, according to a notice on the White House website. That's the seat currently occupied by Fed Governor Stephen Miran, another rate-cut advocate whom Trump nominated in September.The next public step in the process is a hearing by the Senate Banking committee; a spokesman for the panel did not immediately respond to a request for information on the timing.One of the committee's members, Republican Senator Thom Tillis, has promised to block any Fed nomination as long as a Department of Justice investigation into Powell regarding his testimony to the panel about central bank building renovations in Washington remains open. Tillis says the probe is frivolous and amounts to intimidation by the Trump administration, which is frustrated with Powell for not cutting interest rates as quickly or deeply as it would like.The Fed's insulation from short-term political considerations is widely considered essential to its ability to keep inflation under control and steer the economy to a healthy footing.
Continue reading at Economic Times
5h
US Fueling Wars To Stop India, China From Becoming Global Powers, Says Khamenei's Envoy To New Delhi
INDIA MARKET | Wed, 4 Mar 2026, 11:43PM IST
A man holds an Iranian flag as he looks at the damaged facade of Gandhi Hospital, which was hit Sunday during the joint US-Israeli military strikes in Tehran.
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5h
Musk To Testify In Twitter Investor Case Accusing Him Of Fraud
INDIA MARKET | Wed, 4 Mar 2026, 11:32PM IST
Musk, who has denied wrongdoing, is the trial's star witness, and is expected to face sharp questioning from the investors' lawyers.
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