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ETV Bharat News - Business - News Image
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BusinessMar 12, 2026 05:39 PM

S Jaishankar Had Three Conversations With Iranian Foreign Minister: MEA

New Delhi: External Affairs Minister S Jaishankar has had three conversations with the Iranian Foreign Minister in recent days, said MEA spokesperson Randhir Jaiswal here on Thursday. He added that in the last one, the minister discussed issues about maritime safety and India's energy security. "External Affairs Minister Dr S Jaishankar and the Foreign Minister of Iran have had three conversations in recent days. The last one discussed issues pertaining to the safety of shipping and India's ene ...Read More >

ETV Bharat News - Business - News Image
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BusinessMar 12, 2026 05:39 PM

First India-Bound Vessel Liberia Flagged Shenlong Suezmax With 1,35,335 Metric Tonnes Crude, Reaches...

Mumbai: A Liberia-flagged tanker, Shenlong Suezmax, carrying Saudi crude, has reached Mumbai Port, becoming the first India-bound vessel to pass through the Strait of Hormuz since the Iran-US conflict began. The tanker had loaded crude from Ras Tanura port in Saudi Arabia on March 1 and departed on March 3. Maritime tracking data showed the vessel in the Strait of Hormuz on March 8 before it temporarily went off tracking systems. The tanker reportedly switched off its Automatic Identification S ...Read More >

Investing.com - Business - News Image
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BusinessMar 12, 2026 05:36 PM

India inflation quickens in February but stays within comfort zone By Reuters

NEW DELHI, March 12 (Reuters) - India's retail inflation rose to 3.21% year-over-year in February, driven by higher prices of food, personal care products and precious metals, government data showed on Thursday. The key price gauge stayed below the Reserve Bank of India's target of 4% and within its tolerance band of 2%-6%, even though soaring oil prices due to the Iran war have raised risks for higher inflation in Asia's fifth-largest economy. A Reuters poll had projected inflation at 3.1%. T ...Read More >

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BusinessMar 12, 2026 05:36 PM

Indian stock market extends losses for second session amid rising geopolitical tensions

New Delhi, March 12 (UNI) The Indian stock market on Thursday extended its losses for the second consecutive session amid escalating geopolitical tensions. At the close, the Sensex was down 829.29 points, or 1.08 per cent, at 76,034.42, while the Nifty fell 227.70 points, or 0.95 per cent, to 23,639.15. The Nifty Midcap and Smallcap indices declined by 0.4 per cent and 0.7 per cent, respectively. The overall market capitalisation of BSE-listed firms dropped to nearly Rs 436 lakh crore from ar ...Read More >

NewsDrum - Business - News Image
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BusinessMar 12, 2026 05:35 PM

TVS Motor unveils electric scooter Orbiter V1; expands EV portfolio

Chennai, Mar 12 (PTI) Two and three wheeler maker TVS Motor Company has expanded its electric vehicle portfolio with the launch of electric scooter TVS Orbiter V1 equipped with 1.8 kWh battery, a top official said on Thursday. The Chennai-headquartered company had launched TVS Orbiter in 2025 and with today's launch, the range would be available in two variants - "Orbiter V1" with 1.8kWh battery and "Orbiter V2" with 3.1 kWh battery. The Orbiter V1 will be available at Rs 49,999 (ex-showroom D ...Read More >

Lokmat Times - Business - News Image
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BusinessMar 12, 2026 05:35 PM

Fire breaks out at college in Mumbai's Kandivali area - www.lokmattimes.com

Mumbai(Maharashtra) [India], June 21 : A fire broke out at a college in Mumbai's Kandivali area on Wednesday morning. Three fire tenders are at the spot and there is no report of any causality yet, according to Mumbai's Fire Brigade authorities. The fire incident reportedly happened at Kandivali's KES College. There is no information yet as to the number of people inside the building at the time of the fire breaking out and what was the cause of the fire. Earlier, a massive fire broke out at ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessMar 12, 2026 05:30 PM

KTR warns of business closures, writes to Petroleum Minister Hardeep Puri over LPG supply crisis

Hyderabad (Telangana) [India], March 12 (ANI): Bharat Rashtra Samithi (BRS) Working President KT Rama Rao on Thursday wrote to Union Petroleum and Natural Gas Minister Hardeep Singh Puri seeking urgent intervention to address the shortage of both commercial and domestic LPG cylinders. According to a post by BRS on 'X', KTR warned that the shortage is severely affecting hotels, eateries, hostels and small food businesses. The letter cautioned that thousands of establishments could be forced to s ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessMar 12, 2026 05:30 PM

MP CM Yadav secures key approvals of proposals for farmers' welfare after meeting with Union Agricul...

New Delhi [India], March 12 (ANI): Madhya Pradesh Chief Minister Mohan Yadav met with Union Agriculture Minister Shivraj Singh Chouhan in New Delhi on Thursday and secured several key approvals from the Central government for providing relief to farmers in the state. During the meeting, CM Yadav raised various issues related to agriculture and rural development in the state. Following the discussion, several farmer-centric decisions were taken that are expected to provide major relief to farmer ...Read More >

Economic Times - Business - News Image
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BusinessMar 12, 2026 05:30 PM

LPG shortage hits West Bengal schools, firewood used for midday meals

Kolkata: Shortage of cooking gas cylinders has begun to affect midday meals in schools across West Bengal, forcing authorities to adopt alternative fuels such as firewood or serving limited food items to students, officials said on Thursday. At Krishnachandrapur High School in South 24 Parganas district, authorities had stocked firewood as an alternative fuel after anticipating a shortage of LPG cylinders. On March 11, the midday meal for around 1,500 students was cooked on traditional clay ov ...Read More >

News9live - Business Technology - News Image
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BusinessTechnologyMar 12, 2026 05:28 PM

India plans $11 billion semiconductor fund to boost domestic chip manufacturing

New Delhi: India is preparing to launch a new semiconductor support fund worth more than Rs 1 trillion (about $10.8 billion) as the government intensifies efforts to build a strong domestic chip manufacturing ecosystem. The suggested fund will be used to fund the projects of chip design, equipment manufacturing and development of semiconductor supply chains in the country, reported by Bloomberg. Individuals conversant with the talks indicated that the initiative can be rolled out in the coming ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessMar 12, 2026 05:25 PM

Commercial LPG shortage leads restaurants to temporarily shut down, some opts for alternate cooking ...

Indore (Madhya Pradesh) [India], March 12 (ANI): After Madhya Pradesh's capital Bhopal, the reported shortage of commercial LPG cylinders is affecting the restaurant and food business in Indore city as well, with several food stalls facing difficulties in continuing their operations. Restaurant owners say they are unable to obtain commercial gas cylinders, resulting in some establishments temporarily shut down, and some food outlets selling tea, poha, and kachori are trying to keep their busine ...Read More >

Social News XYZ - Business - News Image
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BusinessMar 12, 2026 05:25 PM

Police Inspector, Panchayat secretary arrested in separate bribery cases in Jharkhand

Ranchi, March 12 (SocialNews.XYZ) In yet another crackdown on corruption in Jharkhand, the Anti-Corruption Bureau (ACB) on Thursday carried out trap operations in two districts, arresting a police sub-inspector in Koderma and a woman Panchayat secretary in Gumla for allegedly accepting bribes. In Koderma district, the ACB team from Hazaribagh arrested sub-inspector Pawan Kumar Ram, posted at Chandwara police station, after catching him red-handed while accepting a bribe of Rs 15,000. According ...Read More >

LatestLY - Business - News Image
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BusinessMar 12, 2026 05:23 PM

First India-Bound Oil Tanker 'Shenlong' Since Iran War Began Reaches Mumbai via Strait of Hormuz; Wh...

Mumbai, March 12: The Liberian-flagged crude oil tanker Shenlong successfully docked at Mumbai Port on Wednesday, March 12, marking the first successful transit of an India-bound oil vessel through the Strait of Hormuz since the outbreak of full-scale hostilities between the US, Israel, and Iran. Carrying approximately 2 million barrels of Saudi Arabian crude, the vessel's arrival provides a critical reprieve for Indian refineries that have faced dwindling stocks and soaring procurement costs. ...Read More >

The New Indian Express - Politics Business - News Image
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PoliticsBusinessMar 12, 2026 05:23 PM

India's energy security compromised, 'the pain has just started': Rahul Gandhi in Lok Sabha

NEW DELHI: Asserting that the foundation of every single nation is its energy security, Leader of Opposition Rahul Gandhi on Thursday alleged that the government has "bartered" to the US India's right to determine its relationships with different oil suppliers due to a "compromise". Raising the issue in the Lok Sabha, Gandhi said the war between the US-Israel and Iran is going to have far-reaching consequences. "The central artery from where 20 pc of global oil flows, Strait of Hormuz, has bee ...Read More >

Social News XYZ - Business - News Image
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BusinessMar 12, 2026 05:22 PM

No fuel shortage, avoid creating fake narratives: Hardeep Puri

New Delhi, March 12 (SocialNews.XYZ) There is no fuel shortage, and India has sufficient crude oil stock at the moment, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should not spread rumours and avoid creating fake narratives. Speaking in Parliament, the minister stressed that the volume of energy in India is secure. "India's crude supply position is secure, and the secured volume exceeds what Hormuz would have delivered. Thanks to Prime Minister N ...Read More >

punjabnewsexpress.com - Business - News Image
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BusinessMar 12, 2026 05:21 PM

No fuel shortage, avoid creating fake narratives: Hardeep Puri

NEW DELHI: There is no fuel shortage, and India has sufficient crude oil stock at the moment, Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday, adding that people should not spread rumours and avoid creating fake narratives. Speaking in Parliament, the minister stressed that the volume of energy in India is secure. "India's crude supply position is secure, and the secured volume exceeds what Hormuz would have delivered. Thanks to Prime Minister Narendra Modi's outstanding ...Read More >

Free Malaysia Today - Business - News Image
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BusinessMar 12, 2026 05:20 PM

India's restaurants feel the heat from Middle East war

BENGALURU: Indian restaurant MadCo took the tough call this week to remove some menu favourites, including bone marrow -- a beef bone cut in half and slowly roasted, in an attempt to save cooking gas as the Iran war disrupts supply chains. Far from the Middle East, restaurants in the world's fastest-growing major economy are feeling the heat of the conflict with cooking gas shortages. "We saw it coming, but didn't expect it to hit us this quickly," said MadCo's director Santosh Abraham, adding ...Read More >

domain-b.com - Business - News Image
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BusinessMar 12, 2026 05:19 PM

Akzo Nobel India renamed JSW Dulux after regulatory approval

Rebranding move: JSW integrates Dulux into its paints portfolio. (Editorial image) Akzo Nobel India has officially been renamed JSW Dulux after receiving regulatory clearance, marking the final step in its transition following JSW Paints' acquisition of a controlling stake. NEW DELHI, March 12, 2026 -- Paints and coatings maker Akzo Nobel India has received approval from the Ministry of Corporate Affairs to change its corporate name to JSW Dulux Ltd. The MCA issued a fresh certificate of inco ...Read More >

english.varthabharati.in - Business - News Image
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BusinessMar 12, 2026 05:17 PM

Mangaluru: Two arrested for collecting bank accounts for cyber fraud

Mangaluru: Mangaluru City police have arrested two persons for allegedly collecting bank accounts from the public and using them for cyber fraud. The accused have been identified as Mohammed Aneesh (30) from Kasaba Bengre, Kuloor Post, and Saleeth Ahmed M (32) from Surathkal. According to the Cyber Command Unit, a complainant Mohammed Sinan approached Mangaluru City Cyber Crime police station on Wednesday and alleged that the accused had taken his bank account under the pretext of using it for ...Read More >

Daily News and Analysis (DNA) India - Business - News Image
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BusinessMar 12, 2026 05:00 PM

How 2 Indian ships cross Strait of Hormuz amid Iranian threat? 3 others attacked

Two Shipping Corporation of India (SCI) tankers, Pushpak and Piramal, managed to safely cross the Strait of Hormuz on Thursday despite Iranian attacks on ships carrying oil tankers crossing the crucial zone. The situation on Persian Gulf-Hormuz-Gulf of Oman sea lane is currently dangerous amid Iran's looming threat in the region. Three other tankers were attacked by Iranian projectiles and sustained damage. Iran allowed the Indian flagged ships after successful talks at the ministerial level. ...Read More >

Goodreturns - Business - News Image
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BusinessMar 12, 2026 04:56 PM

India Retail Inflation Hit By Gold & Silver Rates Rally? CPI Jumps At Staggering 3.21%, Food Inflati...

CPI Inflation Data: India's year-on-year inflation rate, based on the consumer price index (CPI), surged to 3.21% in February on the account of rising food inflation, as per the data released by the Ministry of Statistics and Programme Implementation on Thursday, March 12. Subsequently, firm gold and silver prices contributed in keeping the core inflation higher. CPI Inflation, also known as retail inflation, remained at 2.74% in January, 2026. India's CPI inflation stood at 3.21% in February, ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

TTK Prestige, Gandhimathi, Stove Kraft Jump Up To 15% Amid LPG Supply Crunch: Here's Why

Shares of TTK Prestige, Gandhimathi Appliances (Butterfly Gandhimathi), and Stove Kraft surged up to 15% on Wednesday, March 11, as concerns over LPG supply disruptions boosted investor interest in companies that manufacture alternative cooking appliances. The rally followed reports of a shortage of commercial LPG cylinders in several cities including Mumbai, Bengaluru and Chennai, where supplies to hotels and restaurants have been disrupted. According to reports, the situation has led to a sha ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

IRCTC May Halt Train Meals Amid Nationwide LPG Shortage, Advises Contingency Plans

A nationwide shortage of LPG cylinders is affecting Indian Railway Catering and Tourism Corporation (IRCTC)'s catering operations, leading the railways to consider temporarily halting cooked meal services on trains and offering refunds to passengers who pre-booked meals with their tickets. IRCTC has directed its catering licensees to implement contingency plans to maintain uninterrupted food services for passengers. Railway officials said the LPG shortage is impacting IRCTC's base kitchens, wh ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

Adarsh Gourav Begins Filming Docu-Series About North-East India: 'This Experience Is Invaluable'

Riding high on the success of Tu Yaa Main, actor Adarsh Gourav has begun filming a tentatively titled docu-series, The Tribal Voice. The series takes Adarsh across Northeast India, where he engages with the region's living cultural traditions and indigenous voices. The first leg of the shoot commenced in Majuli island in the state of Assam, Northeast India. Through music, oral histories, and everyday practices, the series explores themes of heritage, resilience, and identity, celebrating a crea ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

Restaurants brace for menu cuts as LPG supply shrinks

MUMBAI: After cities such as Bengaluru and Chennai, restaurants and hotels in Mumbai and Pune are facing a shortage of cooking gas cylinders due to the ongoing conflict in West Asia. If the shortage continues, nearly 50 percent of hotels in Mumbai may be forced to shut down. In Chennai, several hotels have begun reducing the number of dishes on their menus following the LPG shortage. In Bengaluru also, hotels have reportedly trimmed their operations in the wake of cooking gas shortage. Meanwh ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

Mangan district admn to issue permits to tourists to visit Lachen in North Sikkim from March 9

Tourists and travel agencies may apply for permits through the district collectorate in Mangan or through authorised travel operators as per government guidelines, he said. Mangan District Collector Anant Jain said permits will be issued to tourists for trips to Lachen and other areas in North Sikkim from Monday by the district administration and the tourism department. The Mangan district had stopped issuing permits to tourists to visit Lachen and Gurudongmar lake, and many areas in North Sik ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

Gujarat CM Bhupendra Patel approves works worth ₹1185 crore to upgrade road infrastructure in SER

Gandhinagar (Gujarat) [India], March 8 (ANI): Gujarat Chief Minister Bhupendra Patel approves works worth ₹1185 crore to upgrade road infrastructure in the Surat Economic Region (SER), the growth hub of South Gujarat. Patel has resolved to realise the vision of Viksit Bharat @2047 envisioned by Prime Minister Narendra Modi, by achieving Viksit Gujarat @2047 during the Amrit Kaal. To accelerate the state's holistic development, the Chief Minister established the Gujarat State Institution for Tr ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

Galgotias University Alumnus Joins the Indian Army, Commissioned as Lieutenant

NewsVoirGreater Noida (Uttar Pradesh) [India], March 11: Galgotias University has achieved another milestone, as one of its Alumni and Ex Army Wing Cadet Priyanshu Dixit, has been commissioned as a Lieutenant in the 3 Sikh Regiment of the Indian Army, passing out parade held at the OTA (Officers Training Academy) Chennai on 07 March 2026.Priyanshu Dixit, an Ex Army Wing Cadet of the NCC (National Cadet Corps) Batch 2020, 40 UP BN NCC and a student at the School of Basic and Applied Sciences (SBA ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

India energy security: Kharge seeks Rajya Sabha discussion amid Israel-Iran war

Congress president Mallikarjun Kharge has written to Rajya Sabha Chairman C P Radhakrishnan, urging an early short-duration discussion on India's energy security amid the Israel-Iran war. He cited the issue's national importance and referred to recent rises in domestic LPG cylinder prices and higher commercial gas rates as immediate concerns. Congress president Mallikarjun Kharge wrote to Rajya Sabha Chairman C P Radhakrishnan on Monday. Mallikarjun Kharge repeated a demand for an immediate sho ...Read More >

Abtak.com - Business - News Image
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BusinessMar 11, 2026 04:09 PM

Rising Crude Prices Threaten Profit Margins of Indian OMCs -- IOC, BPCL, HPCL

S&P Global Ratings warns that rising crude oil prices and potential government intervention could squeeze the profit margins of Indian oil marketing companies like IOC, BPCL, and HPCL, impacting consumers and the energy sector. Illustration: Uttam Ghosh Key Points * S&P Global Ratings predicts potential margin squeeze for Indian oil marketing companies due to rising crude oil prices. * Geopolitical tensions and the Strait of Hormuz closure contribute to crude oil price volatility, impacting ...Read More >

Stay updated with the latest Business news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on Business topics.