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 15 Mar 2026 01:30 PM   EconomicTimes

LPG shortage leaves Delhi caterers chasing cylinders, turning to alternatives

Delhi's caterers and food delivery services face a severe LPG cylinder shortage. Businesses are struggling to secure cooking gas, resorting to black market purchases and alternative fuels like wood. The demand for induction stoves has surged, with many shops selling out. This crisis is impacting daily operations and livelihoods across the city.

 15 Mar 2026 01:27 PM   EconomicTimes

Oil crisis to send shockwaves across key sectors in Asia: Morgan Stanley

Rising global crude oil prices due to West Asia conflict pose risks to Asian economies. Morgan Stanley warns of supply disruptions affecting sectors like fertilizers and petchems. Countries like India, Thailand, Korea, and Taiwan face significant exposure. Governments are taking measures like price caps and fuel conservation. Further disruptions to production and exports are anticipated if tensions persist.

 15 Mar 2026 01:27 PM   EconomicTimes

India's gems, jewellery exports up 3.86 pc at USD 2,680.79 mn in Feb: GJEPC

India's gems and jewellery sector reported a notable 3.86% rise in exports for February, thanks to innovative exporters tapping into new territories such as the UAE and Australia. The sector's ability to thrive amid global challenges is commendable, with gold and silver jewellery witnessing considerable growth. Industry stakeholders are alert to ongoing geopolitical trends.

 15 Mar 2026 12:59 PM   EconomicTimes

NHAI to revise FASTag annual pass fee from 1st April 2026 to Rs 3,075 for FY26-27

The National Highways Authority of India (NHAI) is set to revise the applicable fee for the FASTag Annual Pass, increasing the rate from the current Rs 3,000 to Rs 3,075 for the 2026-27 Financial Year. According to the Ministry of Road Transport & Highways, this new fee structure takes effect on April 1, 2026. The adjustment follows the regulatory framework established under the National Highways Fee (Determination of Rates and Collection) Rules, 2008.

 15 Mar 2026 12:50 PM   EconomicTimes

Ferrari hosts first ever national premiere in India with 849 Testarossa reveal; check price, features and more

Ferrari launched its 849 Testarossa, a plug-in hybrid supercar, in India for approximately Rs 10.37 crore. This marks a significant step for the Italian marque in a rapidly growing market. The new model, boasting a powerful V8 engine and electric motors, offers impressive acceleration and advanced aerodynamics, reflecting Ferrari's commitment to innovation and its young, performance-oriented Indian customer base.

 15 Mar 2026 11:39 AM   EconomicTimes

Domestic LPG supply remains fully secure, uninterrupted: Oil Marketing Companies urge consumers to avoid panic bookings

Domestic LPG supplies across the country remain stable and secure as oil marketing companies continue operations to ensure uninterrupted delivery to households. The Ministry of Petroleum and Natural Gas, along with Indian Oil, Bharat Petroleum, and HP, confirmed that systems are geared to maintain a steady flow of cylinders.

 15 Mar 2026 11:39 AM   EconomicTimes

Oil loading operations at UAE's Fujairah have restarted

Oil loading operations at Fujairah in the United Arab Emirates have restarted. This comes after a drone attack and fire caused a halt. Fujairah is a key hub for bunkering and crude oil exports. The emirate handles a significant volume of UAE's Murban crude oil daily. This volume represents about one percent of global oil demand.

 15 Mar 2026 11:39 AM   EconomicTimes

UAE's Fujairah resumes oil loadings after attack, sources say

Oil loading at Fujairah, a key UAE hub, has restarted following a drone attack and fire. This disruption could impact OPEC's third-largest producer, already facing cuts due to the US-Iran conflict. Fujairah, outside the Strait of Hormuz, handles significant crude and refined fuel exports. Iran had warned of further attacks on UAE ports.

 15 Mar 2026 11:39 AM   EconomicTimes

Oil loading operations at UAE's Fujairah have restarted: Report

Oil loading operations at Fujairah in the United Arab Emirates have restarted. This comes after a drone attack and fire caused a halt. Fujairah is a key hub for bunkering and crude oil exports. The emirate handles a significant volume of UAE's Murban crude oil daily. This volume represents about one percent of global oil demand.

 15 Mar 2026 11:21 AM   EconomicTimes

LPG shortage: Restaurant orders see improvement, says magicpin

Restaurants are adapting to a shortage of commercial LPG cylinders. Many eateries are adjusting menus and using alternative cooking methods like induction stoves and electric ovens. Food delivery platform magicpin is assisting affected restaurants. The industry is showing resilience, with the issue expected to be short-term. India has also allowed alternate fuels for hotels and restaurants.

 15 Mar 2026 10:41 AM   EconomicTimes

The Materialists: How indie designers are working creatively with waste to forge new materials

Indian designers are turning textile waste into new fabrics and products. Brands like Paiwand Studio and Doodlage are leading this movement. They are creating running fabrics and elevated basics from discarded materials. This practice is moving beyond patchwork to become a structured part of the fashion supply chain. It offers a sustainable alternative to virgin raw materials.

 15 Mar 2026 09:54 AM   EconomicTimes

Weight-loss drug boom: Will cheaper Ozempic generics shake up India’s fitness and nutrition industry?

The rise of GLP-1 weight-loss drugs such as Ozempic is posing a challenge to the fitness industry, with cheaper generic versions expected to enter India soon. While some fear this could lead to a decline in gym memberships, others see it as an opportunity to offer specialised training and integrated wellness programmes to support people using these medications.

 15 Mar 2026 08:55 AM   EconomicTimes

Dubai flight schedules change as Middle East crisis forces Air India, IndiGo scale down UAE routes

Airlines like IndiGo and Air India are experiencing flight disruptions between India and the UAE due to operational restrictions in the region. Several flights to Dubai and Abu Dhabi have been cancelled or rescheduled, impacting passengers. This crisis also contributes to rising aviation fuel prices, leading airlines to implement fuel surcharges.

 15 Mar 2026 06:00 AM   EconomicTimes

India car sales to hit 4.7 million in FY26 despite bumps

Car sales in India are projected to reach an impressive 4.7 million units this fiscal year, fueled by robust domestic demand. The automotive industry is optimistic about surpassing five million sales in the upcoming fiscal year. Despite challenges like increasing transport costs and supply chain disruptions, manufacturers remain upbeat.

 15 Mar 2026 05:30 AM   EconomicTimes

Handset business fading on spike in memory prices; smartphone market could shrink more than 13% this year

The impact was already visible in February when sales slumped 35%, retailers told ET. It will remain the same or get worse in March, traditionally a weak month for sales as customers often have less disposable money after making income tax and other fiscal-year-end payments, they said.

 15 Mar 2026 12:35 AM   EconomicTimes

Luxury UAE hotels roll out steep staycation discounts to residents

Dubai and other UAE accommodations are rolling out enticing staycation offers for locals amid plummeting occupancy rates caused by rising tensions in West Asia. Many establishments are slashing prices on room bookings and sweetening deals with food and beverage vouchers to lure in domestic travelers, hoping to cushion their financial blow.

 15 Mar 2026 12:15 AM   EconomicTimes

ET Graphics: India’s seafarer boom faces test amid Hormuz crisis

India's growing maritime workforce is set to significantly increase the involvement of Indian sailors in geopolitical conflicts at sea. As the nation's presence on the water expands, its citizens will find themselves at the forefront of international maritime disputes. This trend highlights the evolving role of India in global maritime security.