Business
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Asian Nations Boost Russian Oil Imports Amid Energy Crisis
Philippines, South Korea & Sri Lanka increase Russian oil imports to combat energy crisis. US waivers enable purchases, stabilizing global oil prices.
India Gas Shortage: Iran War Impact & Electric Shift
India faces a cooking gas shortage due to Iran war disruptions impacting LPG supplies. This increases reliance on electric cooking, straining the power grid.
US-India Trade: DTH Satellite Policy & Internet Shutdowns
US cites India’s DTH satellite preference and internet shutdowns as trade barriers. Concerns raised over market access and operational costs for foreign entities.
EU: High Energy Prices to Persist Post-Iran Conflict
EU warns energy prices will remain high even after the Iran war. Commissioner Jorgensen highlights diesel, jet fuel, and gas market pressures. EU support incoming.
Jet Fuel Prices Hit Record High: Rs 2.07 Lakh/Kilolitre
Jet fuel prices soar to a record Rs 2.07 lakh per kilolitre due to rising global oil prices and West Asia conflict. Impact on aviation industry.
LPG Prices Surge ₹195.50: Impact on Businesses
Commercial LPG prices in Delhi jump by ₹195.50 to ₹2,078.50. Rising global oil prices and West Asia tensions impact businesses. Domestic rates stable.
India EV Sales Surge 49% in March: Discounts & Price Hikes
India’s EV sales soared in March, driven by discounts and anticipated price hikes. Electric car registrations jumped 49%, two-wheelers up 36%.
Magicbricks & SPA Delhi Partner for Real Estate Research
Magicbricks partners with SPA Delhi to produce research on housing trends, enhancing market transparency for developers, policymakers, and homebuyers.
India Ecommerce Exports Boosted by New CBIC Rules
CBIC introduces new rules to streamline ecommerce exports from India, removing value caps and improving returns handling. Boost for export competitiveness and ease of business.
Warburg Pincus to Acquire Koye Pharma in India
Warburg Pincus nears acquisition of Koye Pharma, a Mumbai-based drugmaker specializing in women’s health, respiratory care, and anti-diabetes. Third investment in India.
Rahul Bhatia Steps Down as IndiGo CEO
Rahul Bhatia calls himself a ‘guest’ as William Walsh becomes IndiGo CEO, succeeding Pieter Elbers. Leadership transition details inside.
RBL Bank to Open 200 New Branches by FY27
RBL Bank plans to inaugurate 200 new branches by FY27, expanding its reach across India. Recently launched 23 branches, now totaling over 603. Read more!
Banaras Locomotive Works: Record Output in 2025-26
Banaras Locomotive Works achieves record output in 2025-26, manufacturing 572 locomotives, a 20% increase. Boosting India’s railway capabilities.
Fino Payments Bank Compliance Head Resigns Amid Turmoil
Fino Payments Bank’s Chief Compliance Officer, Aashish Pathak, resigns citing personal reasons amidst leadership changes and increased regulatory scrutiny. Read more.
Mumbai Property Registrations Hit Record High in March
Mumbai’s property market achieves record March with 15,983+ registrations, generating Rs 1,534 crore in stamp duty. Driven by end-user demand & stable economy.
RBI Extends Export Credit Window Amid West Asia Crisis
RBI extends export credit to 450 days until June 2026, aiding exporters facing West Asia disruptions. Increased export proceeds timeframe to 15 months.
Covrzy Insurtech Shuts Down Due to Financial Issues
Insurtech startup Covrzy, backed by Antler, closes after 3 years due to financial struggles and failed acquisition deals. Co-founder’s departure added to challenges.