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Indian-news

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 16 Mar 2026 10:55 PM   EconomicTimes

Honda to build ‘O Alpha’ EV at Rajasthan plant with Rs 1,200 crore investment

Honda Cars India is set to launch its cutting-edge electric vehicle, the 'O Alpha', from its state-of-the-art Tapukara plant in Rajasthan. This massive investment of Rs 1,200 crore marks a pivotal moment for the region, promising new job opportunities and fostering economic growth.

 16 Mar 2026 10:25 PM   EconomicTimes

IEA head says more oil stocks can be released if necessary

International Energy Agency chief Fatih Birol said Monday more strategic oil stocks could be released if necessary to limit the fallout of from the near complete blockage of supplies through the Strait of Hormuz owing to the war on Iran. The war has seen Iran tighten its chokehold on the strait, through which a fifth of global crude passes, effectively all but shutting it down.

 16 Mar 2026 10:13 PM   EconomicTimes

LPG tanker Shivalik reaches Gujarat port after crossing war-hit Strait of Hormuz

 16 Mar 2026 09:33 PM   EconomicTimes

NCLAT restores insolvency appeal filed against Dilip Buildcon

The National Company Law Appellate Tribunal has taken a notable step by reviving an insolvency case involving Dilip Buildcon. Initially dismissed for lack of prosecution, Shyamji Construction's appeal has gained new life with the tribunal's acceptance of a delay condonation request. The ruling also acknowledged a 43-day delay in refiling, attributed to medical circumstances.

 16 Mar 2026 09:31 PM   EconomicTimes

How AI is helping banks detect payment system failures before they happen

Banks are now using artificial intelligence to predict payment system problems. This technology analyzes vast amounts of data to spot issues early. Instead of fixing problems after they happen, banks can now anticipate them. This shift ensures smoother transactions for customers worldwide. Regulators also expect banks to show they understand and manage these risks.

 16 Mar 2026 09:30 PM   EconomicTimes

RBI slaps Rs 3.1 lakh penalty on Cashfree for non-compliance

The Reserve Bank of India has taken a firm stance against Cashfree Payments India Private Ltd. by imposing a Rs 3.1 lakh penalty. This decision follows a comprehensive statutory inspection that identified serious breaches of RBI regulations.

 16 Mar 2026 09:01 PM   EconomicTimes

Sun Pharma’s Ilumya expansion bid gets USFDA nod for review

Sun Pharmaceutical has received a significant approval from the USFDA. The company's innovative drug, Ilumya, is now being considered for treating adults with active psoriatic arthritis. This marks a crucial step for Sun Pharma in expanding its medicine portfolio. The US regulator has accepted the application for review.

 16 Mar 2026 08:46 PM   EconomicTimes

Ministers push airlines to launch air services to Kalaburagi and Bidar

Karnataka ministers met with airline representatives to explore new flight routes. Discussions focused on connecting Bengaluru with Kalaburagi and Bidar. Airlines are reviewing operational feasibility and commercial viability. Firm proposals for flight timings are expected by March 23. A final decision on these new services will be made soon.

 16 Mar 2026 08:45 PM   EconomicTimes

LPG vessel Shivalik arrives at Gujarat's Mundra Port after crossing Strait of Hormuz

The LPG vessel Shivalik is scheduled to arrive at Mundra Port on Monday with 46,000 tonnes of liquid LPG for Indian Oil Corporation. Of this cargo, 20,000 tonnes will be unloaded at Mundra, with the remainder destined for discharge at Mangalore, supporting IOC's distribution network.

 16 Mar 2026 08:45 PM   EconomicTimes

LPG vessel Shivalik set to arrive at Mundra Port with 46,000 tonnes cargo for IOC

The LPG vessel Shivalik is scheduled to arrive at Mundra Port on Monday with 46,000 tonnes of liquid LPG for Indian Oil Corporation. Of this cargo, 20,000 tonnes will be unloaded at Mundra, with the remainder destined for discharge at Mangalore, supporting IOC's distribution network.

 16 Mar 2026 08:36 PM   EconomicTimes

UAE bans foreign airlines from Dubai airports till further notice after drone attack

The ban is a big setback for Indian carriers which had started gradually resuming flights. More than 30% of India’s international traffic comes from the Middle East region according to airline group International Air Transport Association (IATA). Among them Dubai is the most important

 16 Mar 2026 08:19 PM   EconomicTimes

Reliance Industries signs $3 billion green ammonia supply deal with Samsung C&T

Reliance Industries has struck a groundbreaking deal with Samsung C&T, marking a pivotal moment in environmental progress. The extensive 15-year agreement, worth over $3 billion, will kick off with the supply of green ammonia beginning in late fiscal 2029. This collaboration embodies Reliance's ambitious move towards clean energy production, reflecting the escalating international demand for sustainable fuel alternatives.

 16 Mar 2026 07:54 PM   EconomicTimes

Top 10 wilful defaulters owe Rs 40,635 crore to banks, ABG Shipyard leads

In a troubling financial forecast, top wilful defaulters are on track to owe banks over Rs 40,000 crore by March 2025, with ABG Shipyard at the forefront. Conversely, the digital payments sector is experiencing explosive growth, having reached an astronomical Rs 849.12 lakh crore in retail transactions by FY25.

 16 Mar 2026 07:37 PM   EconomicTimes

Steel companies seek government intervention as coated steel units stare at propane shortage

Propane gas is used to provide the steady heating required to melt zinc during the coating process, ensuring a smooth and corrosion-resistant finish. It is a byproduct of natural gas processing and petroleum refining.

 16 Mar 2026 07:25 PM   EconomicTimes

Mastercard introduces ‘Lifestyle Navigator’, its global AIpowered concierge, in collaboration with MakeMyTrip’s Myra

Mastercard and MakeMyTrip have partnered to launch Lifestyle Navigator. This AI-powered travel and lifestyle concierge will offer personalized travel experiences. It combines MakeMyTrip's travel marketplace with Mastercard's AI capabilities. The platform will provide curated insights and recommend payment products for traveler benefits. Lifestyle Navigator is set to launch later this year, making India its first market.

 16 Mar 2026 07:21 PM   EconomicTimes

Auto parts industry faces staff migration amid LPG crunch

The auto parts industry is experiencing a wave of employee departures as workers head back to their hometowns over a lack of LPG cylinders for cooking. This has also taken a toll on factory dining facilities. Without prompt resolution of these fuel supply issues, the scenario could deteriorate severely.

 16 Mar 2026 07:16 PM   EconomicTimes

Tejas Networks expands international footprint with South Asia 4G order

Tejas Networks celebrates a landmark achievement with a major order to deliver cutting-edge 4G Radio Access Network solutions to a prominent mobile operator in South Asia. Their state-of-the-art 4G multiband radio technology is set to enhance connectivity across multiple locations. This milestone reflects Tejas Networks' growing international presence and their dedication to equipping telecom networks around the globe.