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INDIA MARKET | Tue, 31 Mar 2026, 10:12PM IST Antitrust authorities in the European Union and the United States are also investigating the cloud computing market

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INDIA MARKET | Tue, 31 Mar 2026, 10:07PM IST The UEWC said it would turn to the trade unions it works with to discuss what action might be taken if Unilever does not "find good solutions for affected employees"

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INDIA MARKET | Tue, 31 Mar 2026, 9:56PM IST Realme will introduce the Realme 16 5G in India on April 2. A look at its price, specs, and features.

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:55PM IST With escalating tensions in West Asia, the government has sought to institute mechanisms for an accelerated and incentivised transition to piped gas

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:54PM IST Banaras Locomotive Works has achieved a significant milestone, producing a record 572 locomotives in the 2025-26 fiscal year. This represents a 20 percent increase over the previous year's production. The facility manufactured modern electric locomotives, Amrit Bharat locomotives, and diesel locomotives for domestic and export markets. This achievement highlights the technical prowess and dedication of the Banaras Locomotive Works team.

Continue reading at Economic Times

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INDIA NEWS | Tue, 31 Mar 2026, 9:37PM IST India's first Iranian crude oil cargo since 2019 may be headed towards a port in Gujarat, according to ship tracking data. Indian refiners have been looking to purchase a few cargoes of Iranian oil on water following the recent sanctions waiver by Washington. "The Indo-Iranian oil trade has flickered back to life. Following the US administration's decision to grant a 30-day window for Iranian oil "on the water" due to regional conflict, the vessel Ping Shun is now en route to Vadinar (in Gujarat) with 600,000 barrels of crude. This is the first such delivery since May 2019 and comes at a critical time for Indian refiners facing tightening inventories," said Sumit Ritolia, Lead Research Analyst, Refining and Modelling at commodity market analytic firm Kpler. While the identity of the buyer is unknown, Vadinar is home for 20 million tonnes a year oil refinery of Russian oil giant Rosneft-backed Naraya Energy. It also is the landing point for crude oil that goes to hinterland refinerie

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INDIA NEWS | Tue, 31 Mar 2026, 9:35PM IST LONDON: OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in June 2020, a Reuters survey found, as the U.S.-Israeli war against Iran effectively closed the Strait of Hormuz and forced export cuts. Crude output by Organization of the Petroleum Exporting Countries members in March fell by 7.3 million barrels per day month-on-month to 21.57 million bpd, the survey showed, led by cuts in Kuwait, Iraq, Saudi Arabia and the United Arab Emirates. Only two OPEC nations - Venezuela and Nigeria - raised output during the month, the survey found. The Reuters survey is based on flow data from financial group LSEG, information from other companies that track flows, such as Kpler, and information provided by sources at oil companies, OPEC and consultants.

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:35PM IST OPEC oil production hit a low in March, the lowest since mid-2020. This significant drop was caused by export cuts. Major producers like Kuwait, Iraq, Saudi Arabia, and the United Arab Emirates reduced their output. Only Venezuela and Nigeria saw an increase in production during the month. This situation highlights a major shift in global oil markets.

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:28PM IST The preferential issue of units is being made at an issue price of 484.89 per unit

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:26PM IST PB Fintech subsidiary receives adverse order under Benami law; company says it will appeal and sees no immediate financial impact

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INDIA MARKET | Tue, 31 Mar 2026, 9:24PM IST UAE authorities later confirmed that the injuries were minor.

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:21PM IST Mumbai's property market achieved its best-ever March performance with over 15,983 registrations, generating Rs 1,534 crore in stamp duty revenue. This surge, driven by end-user demand and stable economic conditions, saw a notable shift towards mid-income housing and functional apartment sizes in well-connected suburban areas.

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INDIA MARKET | Tue, 31 Mar 2026, 9:18PM IST The film is made on a grand scale, much like classic Bollywood movies.

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INDIA MARKET | Tue, 31 Mar 2026, 9:16PM IST The programme has expanded significantly over the past 14 years.

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INDIA BUSINESS | Tue, 31 Mar 2026, 9:12PM IST The Inspector General of Registration and Controller of Stamps, Maharashtra, issues these rates annually to determine stamp duty applicable on property transactions. For 2026-27, the state has retained rates across rural, urban and influence zones without any increase.

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INDIA MARKET | Tue, 31 Mar 2026, 9:10PM IST The central bank had first introduced the measures in November 2025 amid the US tariff wars.

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INDIA MARKET | Tue, 31 Mar 2026, 8:57PM IST Commerce and Industry Minister Piyush Goyal called for time-bound reform of the WTO.

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INDIA MARKET | Tue, 31 Mar 2026, 8:56PM IST Nvidia has invested $2 billion in Marvell Technology as part of efforts to make it easier for customers to use the custom artificial intelligence chips that the smaller company designs with Nvidia's networking gear and central processors.

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INDIA BUSINESS | Tue, 31 Mar 2026, 8:55PM IST Acquisition of two Chennai office assets from sponsor portfolio to strengthen Mindspace REIT's presence and expand leasable portfolio and asset base

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INDIA BUSINESS | Tue, 31 Mar 2026, 8:51PM IST The Reserve Bank of India has extended export credit deadlines. Exporters can now get pre- and post-shipment finance for up to 450 days on disbursals until June 30, 2026. The time for realizing export proceeds is also extended to 15 months. These measures aim to help exporters navigate ongoing logistical challenges.

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INDIA MARKET | Tue, 31 Mar 2026, 8:50PM IST Biogen will buy Apellis Pharmaceuticals for about $5.6 billion, adding a promising kidney disease drug to broaden its rare-disease portfolio amid efforts to diversify beyond its slowing multiple sclerosis franchise.

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INDIA NEWS | Tue, 31 Mar 2026, 8:50PM IST New Delhi: India's first Iranian crude oil cargo since 2019 may be headed towards a port in Gujarat, according to ship tracking data.Indian refiners have been looking to purchase a few cargoes of Iranian oil on water following the recent sanctions waiver by Washington."The Indo-Iranian oil trade has flickered back to life. Following the US administration's decision to grant a 30-day window for Iranian oil "on the water" due to regional conflict, the vessel Ping Shun is now en route to Vadinar (in Gujarat) with 600,000 barrels of crude. This is the first such delivery since May 2019 and comes at a critical time for Indian refiners facing tightening inventories," said Sumit Ritolia, Lead Research Analyst, Refining and Modelling at commodity market analytic firm Kpler.While the identity of the buyer is unknown, Vadinar is home for 20 million tonnes a year oil refinery of Russian oil giant Rosneft-backed Naraya Energy. It also is the landing point for crude oil that goes to hinterland refineries such as Bina refinery of Bharat Petroleum Corporation Ltd (BPCL).India's oil ministry has so far maintained that techno-commercial feasibility will drive the decision on resuming buying Iranian crude.Historically, India was a major buyer of Iranian crude, importing significant volumes of Iranian light and heavy grades due to strong refinery compatibility and favourable commercial terms.Following sanctions tightening in 2018, imports ceased from May 2019, with volumes replaced by Middle Eastern, US and other grades. At peak, Iranian crude accounted for 11.5 per cent of India's total imports.India used to buy 518,000 barrels per day of Iranian oil in 2018, which slowed to 268,000 bpd between January and May 2019 when the US granted waivers to a few buyers. There have been no imports since.The key grades that Indian refiners used to purchase are Iran light and Iran heavy crudes."The Aframax Ping Shun (IMO 9231901) loaded with Iranian crude oil from Kharg Island in early March has emerged as the first vessel observed signalling a destination of Vadinar, India since May 2019, following sanction reimposition on Iranian oil by the first Trump administration," Ritolia said.The US earlier this month waived sanctions on the purchase of Iranian oil at sea for 30 days in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran.That window expires April 19. An estimated 95 million barrels of Iranian oil is on vessels on sea, of which around 51 million barrels could be sold to India while the remaining are better suited for buyers in China and Southeast Asia."The tanker is estimated to have loaded approximately 600 kb (600,000 barrels) from Kharg Island around 4 March, with a declared ETA to Vadinar on 4 April," he added.While the US waiver allowed countries to purchase those barrels, it is unclear how payments will be made.Iran remains cut off from SWIFT (Society for Worldwide Interbank Financial Telecommunication) -- a global messaging network used by banks and financial institutions to securely send and receive information about financial transactions.Last purchases from Iran were done in Euro using a Turkish bank as a go-between but that option no longer exists.Iran was cut off from the SWIFT system in March 2012 following European Union sanctions over its nuclear programme, with the move forcing the disconnection of multiple Iranian banks and severely restricting global financial transactions.Further disruptions occurred in 2018 after the US reimposed sanctions, leading to renewed suspension of several Iranian banks from the network, which significantly constrained Tehran's ability to conduct international trade, receive oil payments and access foreign currency reserves.

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GLOBAL NEWS | Tue, 31 Mar 2026, 8:49PM IST A prohibition on taxing digital downloads expired, after members of the World Trade Organization concluded their annual meeting without an agreement.

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INDIA NEWS | Tue, 31 Mar 2026, 8:48PM IST India adds over 3.1 lakh PNG connections in March as government extends drive to boost adoption amid LPG supply concerns and expand gas network coverage

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INDIA NEWS | Tue, 31 Mar 2026, 8:45PM IST New guidelines introduce flexibility in quoting DIN in tax communications while ensuring traceability and reducing litigation over procedural lapses

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INDIA BUSINESS | Tue, 31 Mar 2026, 8:41PM IST Essar-backed Mesabi Metallics raises $520 million through a secured credit facility as it nears commercial operations at its iron ore project in Minnesota

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INDIA MARKET | Tue, 31 Mar 2026, 8:36PM IST With an inactive PAN, banks and employers treat you as if you haven't provided any PAN at all.

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INDIA NEWS | Tue, 31 Mar 2026, 8:36PM IST PARIS/ROME, - France and Italy have joined Spain in pushing back on US-Israeli military operations, sources said on Tuesday, as US President Donald Trump singled out NATO allies in Europe as unhelpful in the month-long war, highlighting divisions.The decisions came against a backdrop of tensions between Washington and key partners over the war in Iran. Earlier this month, Trump called longtime NATO allies "cowards" over their lack of support against Iran. On Tuesday, he slammed countries that did not help in the US-Israeli strikes on Iran, including France, writing on Truth Social:"The Country of France wouldn't let planes headed to Israel, loaded up with military supplies, fly over French territory. France has been VERY UNHELPFUL with respect to the 'Butcher of Iran,' who has been successfully eliminated! The U.S.A. will REMEMBER!!! President DJT."FRANCE SAYS NOA Western diplomat and two sources familiar with the matter told Reuters that France did not allow Israel to use its airspace to transport American weapons to be used in the war against Iran. Israeli planes were carrying the weapons, which is why they made the request, one of the sources said. The sources said the refusal, which happened at the weekend, was the first time France had done this since the start of the conflict on February 28. Neither the French presidency nor the foreign ministry were immediately available for comment.ITALY DENIED PERMISSIONItaly last week denied permission for US military aircraft to land at the Sigonella air base in Sicily before heading to the Middle East, sources said on Tuesday.According to the Corriere della Sera daily, which first reported the news, "some US bombers" had been due to land at the base in eastern Sicily before flying on to the Middle East.The report did not specify when the aircraft were due to land but said permission was denied because the U.S. had not requested clearance and Italy's military leadership had not been consulted, as required under treaties governing the use of US military installations in the country.SPAIN IS MOST VOCAL AGAINST WARSpain said on Monday that it had closed its airspace to US planes involved in attacks on Iran. Prime Minister Pedro Sanchez has been among the most vocal critics of the US and Israeli strikes.Spain will only allow for the use of its bases if it was for the "collective defence" of NATO allies, Spanish Defence Minister Margarita Robles said on Tuesday, clarifying that the denial of use of Spanish airspace for US planes involved in the conflict with Iran had been in place since the outset of the war on February 28.Spain was not concerned about any reprisals, Foreign Minister Jose Manuel Albares said in an interview on state broadcaster TVE."We fear absolutely nothing. How could a country possibly fear anything for upholding international law, world peace and the United Nations Charter? What kind of world would we live in if those who should be afraid were those who respect the law?" he said.SINGLING OUT BRITAINTrump also singled out Britain on Tuesday as being unhelpful, just as Buckingham Palace confirmed King Charles and Queen Camilla will pay a state visit to the US in late April.He wrote on Truth Social: "All of those countries that can't get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you: Number 1, buy from the US, we have plenty, and Number 2, build up some delayed courage, go to the Strait, and just TAKE IT."The United States, France, Italy, Spain and Britain are all NATO members.

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INDIA MARKET | Tue, 31 Mar 2026, 8:25PM IST Two major challenges which make retirement planning tricky in India are inflation and taxes.

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INDIA MARKET | Tue, 31 Mar 2026, 8:19PM IST The announcement was made by the production house on X.

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2h

GLOBAL NEWS | Tue, 31 Mar 2026, 8:19PM IST Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug.

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INDIA MARKET | Tue, 31 Mar 2026, 8:19PM IST Soon after the preview, reactions began pouring in on social media with viewers praising the scale, visuals, and emotional impact of the film.

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INDIA BUSINESS | Tue, 31 Mar 2026, 8:17PM IST Utkarsh Small Finance Bank has offloaded bad loans worth Rs 1491 crore to asset reconstruction firms for Rs 195 crore. This move comes as the bank reported its worst gross non-performing assets ratio at 11% and a significant net loss in the third quarter. The sale involved two distinct pools of stressed microfinance loans.

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INDIA MARKET | Tue, 31 Mar 2026, 8:15PM IST U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran.

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INDIA NEWS | Tue, 31 Mar 2026, 8:13PM IST Kolkata: India's inward receipts from international trade in services, incomes and remittances climbed 56% to $464 billion in the first nine month of FY26, helping in the country's balance of payments, Reserve Bank of India (RBI data showed. Receipts from the services sector, which accounted for two-third of the total, climbed about 9% to $310 billion, data showed.These are known as invisible receipts as these reflect earnings a country generates from IT services, tourism and remittances & transfers rather than international trade in physical goods. The RBI released the data on India's invisibles in accordance with the International Monetary Fund's balance of payments and international investment position manual.The growth in the receipts from the services sector was largely on account of earnings from telecommunication, computer and information services. This was recorded at $152.606 billion for the nine-month period, reflecting a 13% jump from the year-ago period's $135.609 billion.Income from business services however slowed to $77.779 billion for the nine months period from $91.103 billion in the year-ago period. Earnings from overseas banking services also slowed to $5.695 billion from $4.520 billion.The primary income category, India received $42.917 billion against $41.502 billion. Under this category, investment income receipts declined to $28.738 billion against $29.801 billion a year ago.The secondary income receipts, which reflect inward remittances from people working abroad, personal gifts and money received by charitable institutions among others, rose 10% to $111.029 billion, data showed.

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INDIA BUSINESS | Tue, 31 Mar 2026, 8:13PM IST India's second Dedicated Freight Corridor, the Western DFC, is now complete. A successful trial run on the Jawaharlal Nehru Port Terminal to Vaitarna section marked this milestone. The Eastern DFC was finished earlier. These corridors will significantly boost freight movement across the country, connecting key ports and industrial hubs.

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