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March 5, 2026
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Political risk insurance sought to secure maritime energy shipments, with premiums borne by contracting parties to maintain supply continuity.
India is seeking political risk insurance and financial guarantees from the International Development Finance Corporation to secure maritime transit for oil, LPG and LNG through the Strait of Hormuz; a dedicated corpus must be established before cover can be provided and premiums will be paid by contracting parties. The government is also diversifying suppliers and considering reprioritisation of domestic gas allocation to manage LNG shortfalls caused by route disruption and force majeure.
March 5, 2026
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Trade disruption risk from Strait closure threatens Indian tea exports and underscores maritime chokepoint vulnerability.
Escalating tensions in West Asia threaten India's tea exports by imperilling shipping through the Strait of Hormuz, a key maritime chokepoint for consignments to Gulf markets. A substantial share of Indian tea shipments to the Persian Gulf - notably consignments to the UAE, Iran and Iraq - transit this route, making export flows sensitive to any closure or suspension of passage. The Tea Association of India emphasises that recent export growth, driven by orthodox teas from Assam, is concentrated in markets served via the strait, increasing sectoral exposure to disruption.
March 5, 2026
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Climate innovation competition expands to Asia, with Singapore hosting finals and partners supporting early-stage green ventures.
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March 5, 2026
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Economic growth slowdown signals structural pressures; export strength and trade surplus reshape bilateral trade imbalances and strategy.
China's lowered GDP target signals slower, quality oriented growth due to structural domestic constraints - notably property market decline, unemployment and weak consumption - while policy focuses on technological innovation to raise productivity. At the same time, robust exports sustain a record trade surplus, producing rising bilateral trade imbalances as export strength contrasts with domestic weakness.
March 5, 2026
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Ease of doing business reforms streamline compliance, expand credit access, modernise customs and simplify tax certainty for investors.
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March 5, 2026
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RBI intervention stabilizes rupee amid strong dollar, rising crude and foreign fund outflows constraining gains.
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March 5, 2026
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March 5, 2026
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Weekly petroleum price revision to preserve market liquidity and compensate fuel suppliers amid supply-route disruptions.
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March 5, 2026
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Energy security: Russia offers crude while India diversifies imports amid regional instability and external trade monitoring.
Russia affirms willingness to supply crude to India as West Asia instability and Strait of Hormuz disruptions threaten energy security. The article links recent military escalations to surging global prices, notes a fall in India's Russian oil purchases, and reports U.S. executive measures tying tariff relief to monitoring of India's Russian oil procurement. India emphasizes supplier diversification and protecting national interests in its procurement strategy.
March 5, 2026
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Regulatory frameworks evolving to support long-term value creation, prompting stronger governance and deeper domestic capital participation.
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March 5, 2026
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Combination approval permits Central Bank of India to increase shareholding in Generali insurers, subject to a regulatory order.
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March 5, 2026
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Merger control approval permits an investment firm to acquire shareholding in a national packaged foods manufacturer.
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March 5, 2026
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Combination approval: REIT to acquire developers and issue units in exchange for target shareholdings.
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March 5, 2026
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Image-based underwriting using Generative AI standardizes income estimation and speeds credit decisions in underserved micro enterprise markets.
Aye Finance piloted an in house system using Generative AI and ML-including a Multimodal Large Language Model integrated with proprietary models-to estimate monthly sales of trading stores from store images and related parameters, automating income estimation to reduce manual fieldwork, lower cost to serve, increase processing speed, and standardise underwriting, thereby facilitating credit inclusion for micro scale MSMEs.
March 5, 2026
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Economic growth target lowered to prioritise consumption, jobs and fiscal measures amid global and domestic uncertainties.
China reduced its economic growth target and set accompanying macro targets-including urban unemployment, urban job creation, CPI moderation, income growth alignment, balance of payments stability, steady grain output, and lower carbon emissions intensity-while announcing demand-side fiscal measures: an income-growth plan, targeted support for low-income groups and property income, reforms to remuneration and social security, issuance of special treasury bonds for consumer trade-in schemes, and a fiscal-financial coordination fund to expand domestic consumption.

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Corp. Laws / SEBI / IBC

Suresh Gopi denies controversy over exclusion of Kerala PWD Minister from PM event in Kochi

March 12, 2026

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Thrissur (Kerala), Mar 12 (PTI) Union Minister Suresh Gopi on Thursday said people who can be on the dais at the Prime Minister's event are selected in accordance with the Blue Book protocol.

He was responding to reporters about the state government, including Chief Minister Pinarayi Vijayan, not attending Prime Minister Narendra Modi's event in Kochi on Wednesday after PWD Minister P A Muhammad Riyas was not invited.

Modi had inaugurated several projects, including the renovated stretches of National Highway-66 in Kerala, during the event in Kochi.

The union minister said the central government had informed the state government that arrangements for the dais would be made in accordance with the Blue Book protocol during the Prime Minister’s programme.

"If the state government had responded saying that they want a concerned minister to be included, the arrangements would have been made accordingly," he said.

He said the Special Protection Group (SPG) has a protocol regarding the number of persons allowed on the dais and that should be followed.

"I won’t say it is an unnecessary controversy as their politics requires it. They can only move ahead like that," he said.

He also said he has no objection if the state government organises another inaugural event for the NH before the Prime Minister’s programme.

"Then how many parallel inaugurations would I have done, considering the number of projects implemented? There is also politics in not giving permission to projects for which MP funds were given," he said.

Responding to Kerala Minister M B Rajesh’s allegation that the SPG sought his Aadhaar card when he arrived to attend the Prime Minister’s event in Thiruvananthapuram earlier this year, Gopi said there was nothing unusual about it.

He said he himself was frisked at four places during Prime Minister Narendra Modi’s programme in Kochi.

"People accompanying me told the SPG that I am a Minister of State. But they insisted on checking," he said.

He said he was aware of SPG procedures and had carried his Aadhaar card, passport and driving licence when he attended the Prime Minister’s event in Kochi.

"It is not for them to win and us to lose," he said.

He also said, that in a similar fashion, Union Home Minister Amit Shah had once been stopped and asked to show his Aadhaar card at an event.

"They even frisked my back and said there was some metal. Then I lifted my dress and showed them the belt, which had a metal buckle," he said.

Gopi said work on the entire National Highway stretches in Kerala has not been completed yet.

He said he had requested that the NH stretches where work was completed be opened.

When asked about CPI(M) leader G Sudhakaran reportedly deciding to contest as an independent candidate, Gopi said Sudhakaran appeared emotionally sad.

He said he had not spoken to Sudhakaran about joining the BJP.

"I spoke to him only to offer moral support. We have not spoken a word of politics during the conversation," he said.

Gopi said that during a conversation about 1.5 years ago, after Sudhakaran had issues with his party leadership, he had advised him not to create a deadlock for his party.

"No one has the right to question a person for showing his personality," he said.

Gopi said he could not comment on whether the party’s stand against Sudhakaran was fair, as he did not belong to the CPI(M).

"People of Kerala know his heart. It is his decision," he said.

Asked whether the BJP would support Sudhakaran if he contested as an independent, Gopi said the decision would have to be taken by the party.

When asked whether the BJP had held talks with CPI MLA C C Mukundan, who was expelled from his party, he said it was natural for discussions to take place when a leader decided to leave a party. However, he added that it is up to the individual to decide which party he would join. PTI TBA KH

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