DDIndia Business: Economic Headlines & Updates

Business

March 12, 2026 9:41 AM

Benchmark indices fall at open as crude oil climbs past $100 per barrel

Indian stock markets opened lower on Thursday as escalating tensions in West Asia and a sharp rise in crude oil prices weighed on investor sentiment. The benchmark indices came under pressure following reports that Iran’s Navy Chief warned vessels...

March 12, 2026 9:33 AM

Global shares skid, oil surges above $100 a barrel as Iran attacks Gulf shipping

Shares in Asia fell broadly on Thursday, as oil prices leapt 9% to above $100 a barrel on reports of more ships hit in Gulf waters and the closure of oil terminals - a jump that promises to fuel inflation and push borrowing costs higher worldwide. I...

March 11, 2026 3:56 PM

Oil shrugs potential IEA reserves release, gains on supply worries

Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency's reported plan for a record release of oil reserves could offset potential supply shocks from the U.S.-Israeli conflict with Iran. Brent futures ...

March 11, 2026 10:16 AM

RBI caps bank dividend payouts at up to 75% of profit, tightens prudential norms

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, pro...

March 11, 2026 9:01 AM

PM Modi to inaugurate, lay foundation for development projects in Tiruchirappalli Wednesday

Prime Minister Narendra Modi will inaugurate and lay the foundation stone for a slew of development projects covering petroleum, natural gas, roads, railways and other infrastructure sectors in Tiruchirappalli on Wednesday. Earlier on Tuesday, shari...

March 10, 2026 9:48 PM

Oil sinks 11% as Trump predicts Middle East de-escalation

Oil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disr...

March 6, 2026 2:12 PM

PM Modi calls for export-oriented agriculture production, says animal husbandry key pillar of rural economy

Prime Minister Narendra Modi on Friday emphasised the need to make Indian agriculture more export-oriented and technology-driven, stating that scaling high-value agriculture could transform the sector into a globally competitive engine of rural prosp...

March 4, 2026 9:08 AM

Airline, travel industries scramble with fallout from Middle East conflict

The airline and tourism industries scrambled to deal with the fallout from the escalating U.S. and Israeli air war against Iran, while governments rushed to bring stranded travellers home from the Middle East following the cancellation of more than 2...

March 3, 2026 2:48 PM

PM Modi calls for manufacturing push, sustainability focus in post-Budget webinar

Prime Minister Narendra Modi on Tuesday said this year’s Union Budget reinforces the government’s commitment to sustaining and strengthening economic growth, urging industry and stakeholders to seize emerging global opportunities. Addressing the...

March 3, 2026 2:18 PM

Assam accounts for 90 pc of India’s Muga silk production: CM Sarma

Chief Minister Himanta Biswa Sarma on Tuesday highlighted Assam’s dominant position in India’s silk sector, stating that the State accounts for nearly 90 per cent of the country’s Muga silk production and around 65 per cent of Eri silk output, ...