DDIndia Business: Economic Headlines & Updates

Business

March 20, 2026 12:15 PM

India invites global bids for rare earth magnet manufacturing units

The Ministry of Heavy Industries has invited global bids for setting up integrated manufacturing facilities for sintered rare earth permanent magnets (REPM) under a government scheme aimed at boosting domestic production. According to an official st...

March 20, 2026 11:36 AM

Global oil prices fall up to 3% as US signals possible easing of Iran sanctions

Global oil prices declined on Friday after the United States signalled a potential easing of sanctions on Iranian crude, amid efforts to stabilise supplies and ensure smooth shipping through the Strait of Hormuz. Brent Crude futures fell as much as ...

March 20, 2026 10:18 AM

Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says

Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs ...

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...