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    i-exceed Technology Solutions Headlines IFIF 2026 as Principal Partner
    GHR Lakshmi Urbanblocks LLP Takes Top Honour by Winning Realty+'Developer of the Year – Residential' Award 2026
    7th India–Japan CEPA Joint Committee Meeting Held in Tokyo; Secretary, Department of Commerce Shri Rajesh Agrawal Co-Chairs Discussions.
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March 5, 2026
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Inclusive finance expansion catalyses cooperative bank modernisation and AI-driven institutional transformation at national finance forum.
i-exceed Technology Solutions is Principal Partner of a national forum convening regulators, ministries, and financial stakeholders to accelerate inclusive finance, cooperative bank modernisation, and the emergence of AI-led financial institutions through three tracks focusing on cooperative banking, MSME capital access, and future AI-native systemic resilience, emphasising embedded finance, assisted banking models, and secure, scalable digital infrastructure to deepen credit access for underserved populations.
March 5, 2026
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RERA approval and statutory permits underpin award-winning residential project, emphasising sustainability, wellness certification, and compliance.
The Cascades Neopolis carries RERA approval (TS RERA No: P02400009538) and HMDA building permission (No: 003505/BP/HMDA/0728/SKP/2024); it emphasizes construction commencement, a planned handover timeline, and industry certifications-IGBC Platinum pre-certification and WELL Pre-Certification-as key compliance and performance credentials relied upon for award assessment and execution-readiness.
March 5, 2026
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Comprehensive Economic Partnership Agreement promotes diversified trade and investment, enhancing tariff certainty and regulatory predictability.
The Comprehensive Economic Partnership Agreement was reviewed with focus on implementation, using the Agreement to secure tariff certainty and regulatory predictability, facilitate movement of natural persons, and promote diversification of bilateral trade. Officials highlighted export potential in textiles, pharmaceuticals, agriculture and services and underlined domestic measures to improve ease of doing business that complement CEPA's facilitative framework for deeper trade and investment cooperation.
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.
The Competition Commission has granted combination approval for Central Bank of India to increase its equity stakes in Generali Central Insurance Company Limited (general insurance) and Generali Central Life Insurance Company Limited (life insurance), expanding the bank's ownership in entities that supply distinct insurance products in India; a detailed Commission order will follow.
March 5, 2026
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Merger control approval permits an investment firm to acquire shareholding in a national packaged foods manufacturer.
The Competition Commission of India approved the acquisition whereby General Atlantic Singapore BWP Pte. Ltd. will acquire certain fully diluted shareholding in Balaji Wafers Private Limited from existing shareholders, clearing the notified combination under the merger control framework; a detailed order will follow.
March 5, 2026
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Combination approval: REIT to acquire developers and issue units in exchange for target shareholdings.
The Commission approved a proposed combination where Bagmane Prime Office REIT will directly acquire Bagmane Developers Private Limited (including Bagmane Green Power LLP), indirectly acquire Bagmane Rio Private Limited and, through BDPL, acquire the Luxor asset from Bagmane Constructions; Sponsor and certain third party shareholders will receive units of the Acquirer REIT in consideration for transfer of their shareholdings. The Acquirer REIT is SEBI registered and the Target Entities operate in commercial real estate, hospitality and renewable power generation.
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.
March 5, 2026
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Economic growth target provides policy leeway amid external trade risks and domestic demand pressures.
China sets an economic growth target modestly lower than recent practice and presents it as a tool to preserve policy flexibility for structural adjustment, risk prevention, and reform in the opening year of a new five year plan. The report links the target to responses to external trade and geopolitical risks and to domestic challenges including a supply demand imbalance, while emphasising strengthening the domestic economy and promoting technology development.
March 4, 2026
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Family Benefit Management System directive to build integrated household database and issue universal family cards across the state.
The administration directed creation of a Family Benefit Management System compiling twenty-six household attributes-such as family identity, Aadhaar, rice card identity, education, profession, and contact details-and integrating records from multiple public and utility sources to build a comprehensive beneficiary registry. Officials reported most data is already available and the government intends to issue a family card to every household, instructing continued interagency data integration to operationalize the system for welfare delivery.
March 4, 2026
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Data protection breach: probe sought after mass discovery of identity cards, with UIDAI inquiry and legal action requested.
A data protection and public safety concern arose when a large number of Aadhaar identity cards were found on the Nethravathi riverbank, prompting the Karnataka Assembly Speaker to ask UIDAI Bengaluru for immediate intervention, a thorough investigation to determine how the cards were disposed and identify those responsible, and initiation of appropriate legal action through the concerned department.
March 4, 2026
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Bail refusal upholds detention of accused amid documentary evidence and witness-influence concerns, despite prior PMLA order.
Court denied bail to an accused in a cheating conspiracy who allegedly promised plots and flats from a government quota and used forged government documents; the magistrate found the chargesheet and documentary material crystallise his role, noted the seriousness of offences and risk of witness influence, and held that filing of the chargesheet and a separate money-laundering bail order did not by themselves justify release.
March 4, 2026
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Supply chain disruption delays exports from Sambhajinagar, raising transport costs and risking customer loss for manufacturers.
Supply chain disruption from the US Israel conflict has delayed containers at Jawaharlal Nehru Port Authority and suspended certain shipping services, causing longer transit times, higher transport costs, halted agricultural shipments to affected regions, and commercial risks such as customer attrition, repatriation of cargo, and potential post conflict surcharges that would raise export costs for manufacturers in Chhatrapati Sambhajinagar.
March 4, 2026
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Force majeure suspends LNG deliveries, disrupting contracted supplies and straining city gas distribution and industrial feedstock.
Reciprocal force majeure notices have been issued following attacks that prevent LNG tankers transiting the Strait of Hormuz, excusing non performance by the exporter and importer and prompting the importer to issue corresponding notices to downstream offtakers; the supply shortfall has reduced contracted gas availability for industrial and city gas distribution consumers, who seek confirmation on continued allocations while market participants assess costly spot replacements and insurance exclusions for acts of war.
March 4, 2026
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Tariff reduction boosts export prospects while domestic demand weakness keeps manufacturing contraction risk elevated in coming months.
China's official manufacturing PMI returned to contraction, driven by weak domestic consumption and real estate weakness, while private-sector PMI showed export-led expansion. A judicial reduction of reciprocal tariffs has lowered US tariff levels globally and is expected to provide a modest boost to exports. Upcoming high-level bilateral talks and China's national congress, which will set a growth target and approve a five-year plan focused on technology and self-reliance, are poised to influence near-term manufacturing prospects.
March 4, 2026
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Currency depreciation driven by crude oil price shock and capital outflows, worsening trade balance risk and market volatility.
Rupee depreciation accelerated as a spike in international crude prices amid geopolitical tensions prompted safe-haven flows and foreign portfolio outflows, driving the currency to a record low, pressuring equity markets and raising the risk of a larger fuel import bill that could strain the trade balance and market stability.
March 3, 2026
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GST input tax credit fraud exposed; arrests and shell company network identification trigger criminal and financial probes.
An organised racket used stolen identity documents to register shell firms, obtain GST numbers and open bank accounts to perform large-scale GST Input Tax Credit (ITC) fraud by issuing fake invoices and generating fraudulent e-way bills; funds were routed through multiple accounts, criminal cases for cheating and forgery filed, evidence recovered and coordination with tax authorities and banks is underway.
March 3, 2026
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Fraudulent GST registrations enabling Input Tax Credit misuse uncovered; coordinated raids, electronic forensics and an arrest followed.
A large-scale operation procured GST registrations for non-existent firms through forged and fraudulently obtained KYC documents, producing fake taxpayers and fraudulent invoices that enabled the wrongful availment and passing on of Input Tax Credit; coordinated IP tracking and searches led to seizure of electronic evidence and documents and to the arrest and judicial remand of a key suspect, with further investigation ongoing.
March 3, 2026
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Supply chain resilience measures initiated to monitor West Asia risks and coordinate trade, logistics and customs responses.
The government has set up an inter-ministerial group to monitor West Asia developments daily, assess vulnerabilities in shipping, logistics, exports and critical imports, and coordinate inter-ministerial actions. Measures include procedural flexibility in export authorisations, coordination with customs and port authorities to ensure smooth clearance, engagement with financial and insurance institutions to safeguard exporter interests, and a 24x7 DGFT help desk. The IMG for supply chain resilience includes departments of financial services, external affairs, shipping, petroleum and customs to facilitate coordination, monitoring and follow-up amid exporter concerns about surcharges, insurance gaps, route diversions and increased transit times.
March 3, 2026
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Force majeure declaration halts key LNG deliveries, prompting contractual supply cuts and reliance on pricier spot procurement.
Qatar declared force majeure on LNG deliveries after production halted due to regional hostilities and maritime disruptions, prompting curtailed supplies to industry and relief from supplier performance obligations. Importers are assessing long term contract entitlements, pursuing spot market purchases, and reallocating available cargoes while contending with higher war risk insurance, shipping costs, and transit constraints through the Strait of Hormuz.

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Customs & Trade

Funeral held for Turkish truck driver killed in missile strike in Iran

March 15, 2026

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Ankara, Mar 15 (AP) Crowds gathered Sunday for the burial of 29-year-old Huseyin Firat in Reyhanli, southern Turkiye, the Demiroren News Agency reported.

He died from wounds sustained in a March 6 attack on a convoy returning from Afghanistan to Turkey, according to Turkish media reports.

Video footage taken days later showed his vehicle shredded by shrapnel and a large crater near the city of Zanjan, in northwest Iran.

US expects other nations to back efforts on Hormuz: Wright ------------------------------------------------------------------ US Energy Secretary Chris Wright says he's been “in dialogue” with some of the countries that Trump hopes will send warships to counter Iran's efforts to restrict shipping in the Strait of Hormuz. He's not saying which ones.

Asked on NBC's “Meet the Press” whether shipping through the critical waterway is safe at the moment, Wright responded: “No, it is not.” He noted that many other countries, especially in Asia, are more dependent than the United States on energy supplies that are shipped through the strait.

“So of course the whole world will be united on the need to open Hormuz and clearly we will have the support of other nations to achieve that objective,” he said.

Wright said he expected China to “be a constructive partner” in efforts to reopen the strait.

He said there's been a “short-term disruption' to the flow of energy and that “Americans are feeling it right now. Americans will feel it for a few more weeks.” Asked whether the war will be over in a matter of weeks, Wright said: “I think that's the likely time frame, yes.” He said gas prices will start to come back down after the war is over.

“At the end, we will have removed the greatest risk to global energy supplies. We'll go to a world more abundant in energy, more affordable energy.” Asked about whether pump prices will fall below $3 per gallon by the summer travel season, Wright said: “there's a very good chance that'll be true. There's no guarantees in war.” Egypt pledges unity with Qatar, other Gulf nations struck by Iran ----------------------------------------------------------------------- Egypt's President Abdel Fattah el-Sissi promised “full support and solidarity” in a message to Qatari Emir Sheikh Tamim bin Hamad al-Thani.

Foreign minister Badr Abdelatty, who was visiting Qatar on Sunday on the first stop of a tour of the Gulf region, delivered the president's message.

Abdelatty called for a deescalation of hostilities in the region. He said activating a Joint Defence Treaty would “safeguard the security, sovereignty, unity, and territorial integrity of Arab states”.

Turkmenistan sends humanitarian aid to neighbouring Iran ---------------------------------------------------------------- State media reports that four refrigerated trucks carrying medicine, medical supplies, clothing and food left the capital Ashgabat for Iran on Sunday.

The shipment, funded by a charitable foundation, was sent “to the people of the Islamic Republic of Iran, primarily children, as a sign of friendly and fraternal relations,” according to state media. It showed footage of a prayer being recited for the safe delivery of the supplies.

Officials said approximately 250 people from 16 countries have so far crossed into Turkmenistan, an isolated, gas-rich Central Asian nation, which shares a 1,148-km border with Iran.

Turkmenistan maintains one of the strictest visa policies in the world. It provided safe passage to more than 4,000 foreign nationals from 52 countries during the Israel-Iran war last summer.

Tel Aviv cleans up after multiple impacts --------------------------------------------- Police and city workers scoured the area of what appeared to be a cluster munition impact in Tel Aviv on Sunday, attempting to locate and clear any unexploded ordnance.

City workers used street sweepers and power washers to hose down an area where a small munition damaged two cars and spread shrapnel across a small park. Cluster bombs can be exceptionally dangerous for the public as small munitions that are released may not explode on impact and pose a serious danger for passersby.

The impact also left a hole in the pavement, next to a bomb shelter that serves as a youth centre at the local swimming pool. Within 90 minutes, bulldozers and other heavy equipment arrived to clear debris and patch the hole.

Israel police said there were a number of impact sites in the greater Tel Aviv area after Sunday's attacks that left four people injured, one moderately.

Violent storm hammers displaced Lebanese people on Beirut's waterfront ------------------------------------------------------------------------------ The displaced struggled to keep their tents intact as pouring rain and fierce winds hammered the city's downtown waterfront area Sunday.

An AP team on the ground witnessed one tent succumb to the winds, blowing away entirely.

Fadi Younes, one displaced man who fled to the beach from Beirut's southern suburbs, found himself battling with his collapsed tent. He had already rebuilt it once after a storm two days ago, he said.

He gestured to new mattresses, now waterlogged, that he bought after the last ones got soaked through.

“I hope that today things in the country will be set right and everyone can return to their homes. A person only truly feels at ease in their own home,” he said.

Younes is among more than 830,000 people displaced by Israeli strikes and evacuation warnings in Lebanon. The Norwegian Refugee Council says that amounts to one in every seven people.

UN envoy Waltz says Trump weighing options to hit Iran's oil hub -------------------------------------------------------------------------- UN Ambassador Mike Waltz was asked on CNN Sunday whether the US president was prepared to target oil facilities on Kharg island, which handles 90% of Iran's crude oil exports, and if so, if he was worried that that could risk even more of an escalation in the war.

“President Trump's not going to take any options off the table,” Waltz said. “I would certainly think he would maintain that optionality if he wants to take down their their energy infrastructure.” US Central Command posted on X Saturday that it had struck military targets on the island, but preserved the oil infrastructure.

Iran says strategic strait open to all vessels except US, its allies ---------------------------------------------------------------------- Iranian Foreign Minister Abbas Araghchi's comments about the reopening of the crucial Strait of Hormuz came in an interview with the London-based Al-Araby al-Jadeed published Sunday.

“The Strait of Hormuz is not generally closed, but only to the US and its allies, and we will continue this policy as long as the attacks continue,” he was quoted as saying.

Aluminium Bahrain to gradually stop some production ----------------------------------------------------------- The world's largest aluminum smelter outside China said Sunday it would gradually shut down nearly one-fifth of its production capacity as exports remain blocked through the Strait of Hormuz.

Aluminium Bahrain, or Alba, promised a “controlled and safe shutdown strategy.” Smelters run at high temperatures and take time to shut down or restart without endangering equipment or damage the containers that hold molten metals.

The company told buyers last week it couldn't meet its obligations. The timeline of a phased partial shutdown means global aluminum supplies could remain tight even if transit through the Strait of Hormuz quickly returns to normal, keeping upward pressure on prices for products such as construction materials and cars.

Aluminum and oil make up a big part of Bahrain's economy and limits on production and export threaten to deepen woes in the Persian Gulf Island nation being hit with Iranian airstrikes.

The United Arab Emirates said it was attacked Sunday by 4 ballistic missiles and 6 drones from Iran.

There was no immediate word on damage or casualties. (AP) SCY SCY

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