The United States has granted a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil cargoes that are currently stranded at sea. The move comes at a time when global oil markets are facing uncertainty due to ongoing geopolitical tensions in West Asia that have disrupted…
Purchases of domestic equities by mutual funds declined sharply in February, touching their lowest level in the past three years. According to reports, mutual funds invested around ₹10,381 crore in equities during the month, marking a steep fall from the strong buying activity seen in January. In January,…
State-run mining company MOIL Limited has revised the prices of several grades of manganese ore for March 2026 as part of its pricing adjustments for the January–March quarter. The updated rates came into effect on March 1, 2026, and apply to multiple categories of manganese ore supplied by…
Shipping Routes Impacted by Regional Conflict The situation has intensified due to the ongoing hostilities involving Iran and Israel, which have raised safety concerns for vessels operating in the Gulf region. As a result, LNG carriers are currently unable to safely pass through the Strait of Hormuz to…
🔹 Dr. Reddy’s Laboratories receives an Establishment Inspection Report from the U.S. Food and Drug Administration for its Srikakulam facility with a Voluntary Action Indicated (VAI) classification. 🔹 Garden Reach Shipbuilders & Engineers signs an MoU with Kalyani Strategic Systems to jointly develop advanced naval systems, unmanned platforms,…
The Competition Commission of India (CCI) has approved a proposal by Central Bank of India to increase its shareholding in two insurance joint ventures—Generali Central Insurance Company Limited and Generali Central Life Insurance Company Limited. The approval relates to a transaction in which the public sector lender will…
Private-sector employers in the United States added 63,000 jobs in February, according to the latest data released in the ADP National Employment Report on March 4, 2026. The report provides an early snapshot of labour market conditions ahead of the government’s official employment data. The report is based…
India’s flagship farmer income support initiative, the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan), is expected to release its 22nd installment soon, with payments likely to be credited in early or mid-March 2026 based on previous payment patterns. The upcoming installment comes at a time when the government is…
The Employees' Provident Fund Organisation (EPFO) has approved a pilot initiative to automatically settle inoperative EPF accounts with balances of ₹1,000 or less, in a move aimed at simplifying withdrawals and ensuring faster access to funds for members. Under the new system, small unclaimed balances will be directly…
Shares of Mazagon Dock Shipbuilders Limited may remain in focus after reports indicated that India is moving ahead with a major defence acquisition involving six advanced Air Independent Propulsion (AIP) submarines. The proposed deal, estimated at around ₹99,000 crore, is expected to significantly strengthen the country’s underwater combat…
