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    Funeral held for Turkish truck driver killed in missile strike in Iran
    Maharashtra govt will look into hotel sector's commercial gas supply concerns: Bhujbal
    Indian crude tanker sails out of UAE's Fujairah safely
    Govt bars piped cooking gas users from holding LPG connections, PNG rollout to be fast-tracked
    India well-placed to deal with any situation on crude oil, fuel amid West Asia supply shock: Goyal
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    The Latest: Iran threatens UAE ports as war enters third week
    Punjab govt to set up 3 exhibition centres: Chief Minister Bhagwant Mann
    Jitendra Singh lays foundation stone of Rs 600 cr pharma manufacturing facility in Kathua district
    TN govt appoints Bala Naga Devi as DGP Intelligence
    'Boils my blood when I see Chinese imports,' says Kejriwal, offers support to Punjab industry
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    Union Minister Of Commerce And Industry Shri Piyush Goyal Urges Industry To Leverage India–EFTA TEPA; Highlights $100 Billion FDI Commitment And Pot...
    APEDA Facilitates First Export of GI-Tagged Joha Rice from Assam to the United Kingdom and Italy
    Economic Stabilization Fund to help deal with unanticipated crisis: Sitharaman
    India's forex reserves drop USD 11.68 bn to USD 716.81 bn
    Best Crypto Presale: Deepsnitch AI Targets 300X With Unique Narrative as Digitap and Remittix Struggle in Crowded Finance Sector With Products Yet To ...
    Fitch ups India's GDP growth estimate for FY26; projects USD 70/barrel oil in 2026
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March 15, 2026
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Strait of Hormuz access disrupted, prompting multinational responses and elevated risks to regional shipping and energy flows.
A civilian freight convoy returning from Afghanistan to Turkey was struck near Zanjan in northwest Iran, killing a Turkish truck driver and leaving his vehicle shredded by shrapnel with a large crater at the site. Concurrent regional developments include restrictions on Strait of Hormuz access for certain states, discussion of strikes on energy infrastructure, a planned phased partial shutdown by a major aluminum producer due to blocked exports, and humanitarian and ordnance-clearance responses to civilian impacts.
March 15, 2026
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Domestic gas priority may limit commercial hotel supplies; government seeks balanced approach to prevent operational disruptions.
The central advisory mandates uninterrupted household PNG and CNG supply and has led to regulated reductions in industrial and commercial gas deliveries, with commercial LPG allocated to states for priority distribution; Maharashtra will review hotel sector concerns and seek a balanced approach to protect domestic consumers while addressing commercial supply hardships.
March 15, 2026
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Maritime safety: Indian-flagged tanker sailed from UAE after terminal attack, ensuring crew safety and fuel supply continuity.
An Indian-flagged crude tanker departed Fujairah safely after an attack on the oil terminal, with all crew reported safe. The Directorate General of Shipping has activated a control room to monitor vessel movements, handle communications, facilitate repatriation and coordinate with ship owners, RPSL agencies, Indian Missions and central ministries to ensure maritime safety, seafarer welfare and continuity of fuel supplies amid disruptions to Gulf shipping routes.
March 15, 2026
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Piped gas priority: consumers with PNG must surrender domestic LPG connections, suppliers barred from providing refills.
The Ministry amended the LPG (Regulation of Supply and Distribution) Order to require consumers with PNG connections to surrender domestic LPG connections and forbade Government oil companies and distributors from providing domestic LPG connections or refills to consumers who already own PNG, while PNGRB instructed CGD companies to prioritise and accelerate domestic PNG rollout, deployment, permissions, and last-mile connectivity to reduce pressure on LPG supplies.
March 14, 2026
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Energy security measures bolster fuel supply and exporter support amid West Asia supply disruptions with insurance cover and diversified imports.
The government has increased kerosene production as an alternative cooking fuel, diversified LPG/LNG and crude import sources to mitigate shipping-route disruptions, and maintained sufficient fuel stocks. The Commerce Ministry is engaging stakeholders through a 24-hour helpline and developing schemes that provide insurance cover for export cargo damaged, lost or delayed due to maritime disruptions, with a forthcoming concrete action agenda to support exporters.
March 14, 2026
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Advance tax e campaign alerts: taxpayers told to ignore inaccurate emails and verify transactions on the Compliance Portal.
The tax authority advised taxpayers to ignore recent email alerts about significant transactions from the Advance Tax e Campaign because some messages contained inaccurate transaction details; it is coordinating with its service provider to resolve the issue and directed taxpayers to verify details using the e Campaign tab on the Compliance Portal via the e Filing portal to ensure appropriate advance tax compliance.
March 14, 2026
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Attack on critical port infrastructure declared legitimate targets, prompting evacuation warnings and heightened risks to energy transit.
Iran threatened strikes on UAE ports, urging evacuation of Jebel Ali, Khalifa and Fujairah after alleging US forces operate from those civilian facilities and thereby designating them legitimate targets; the warning accompanies ongoing missile and drone exchanges, reported damage to Iran's Kharg Island oil export terminal and disruption of the Strait of Hormuz, while the UAE detained foreigners for posting alleged war-related disinformation.
March 14, 2026
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Exhibition centres to be established to boost industry and exports, providing platforms for product showcases and value-added agriculture.
The Punjab government will establish three world-class exhibition centres at Ludhiana, New Chandigarh and Amritsar to give industry dedicated venues to showcase products, boost commerce, attract investment and support export-oriented growth as part of a wider strategy to expand food processing, encourage agricultural diversification, and increase farmer incomes through value addition.
March 14, 2026
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Production Linked Incentive Scheme drives domestic manufacture of a critical antibiotic intermediate to reduce import dependence and boost supply resilience.
The project establishes domestic manufacture of the critical antibiotic intermediate Amino Cephalosporanic Acid (ACA) in Kathua, financed under the Production Linked Incentive Scheme with public facilitation, aiming to reduce import dependence, strengthen pharmaceutical supply resilience, generate local employment, and align with the Biopharma Shakti policy to expand national biopharmaceutical capacity.
March 14, 2026
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Police appointments: state upgrades and reassigns senior intelligence and economic offences officers, creating additional charges for related posts.
The state government upgraded and appointed B Bala Naga Devi from Additional DGP, Intelligence to DGP, Intelligence, while assigning additional charge to Santosh Kumar as Additional DGP, Economic Offences Wing and to Rupesh Kumar Meena as Additional DGP, Civil Supplies CID to maintain leadership continuity across those divisions.
March 14, 2026
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Industry support pledged to strengthen domestic manufacturing and reduce reliance on imports, with state backing for exporters.
Commitment to state-led industry support in Punjab to promote domestic manufacturing, reduce dependence on imported consumer goods, provide required environment and resources to enable local manufacturers to compete with foreign suppliers and begin exporting, and remove government interference to restore regional industrial competitiveness.
March 14, 2026
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Electricity tariff reduction sought to offset rising production costs amid fuel supply disruption and request for repayment moratorium.
Industrial associations in Chhatrapati Sambhajinagar formally sought a reduction in electricity tariffs to alleviate rising production costs from disrupted fuel supplies, alongside a moratorium on loan repayments and expedited permits for alternative fuels; these demands were compiled after an administrative request and presented to the State Industries Minister, who acknowledged limited gas stocks but urged continued operations.
March 13, 2026
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Currency depreciation driven by strong dollar, foreign outflows and rising oil prices pressures domestic exchange rate stability.
The rupee fell to a fresh record low against the US dollar amid a stronger dollar, heavy foreign portfolio outflows and sustained equity market selling. Rising crude oil prices, higher US treasury yields and geopolitical risk heightened market risk aversion, while RBI data showed a notable weekly decline in gross forex reserves; analysts warned these factors collectively impart a negative near term bias on the currency and provided a projected trading range.
March 13, 2026
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Bilateral trade agreement talks continue amid US tariffs and Section 301 investigations affecting timing of formal signing.
India and the United States continue negotiations on a first-phase bilateral trade agreement with chief negotiators finalising contours and legal text, but signing is deferred until US tariff policy and related measures are clarified. Recent US actions - including a court-affected tariff decision, the imposition of temporary across-the-board levies, and initiation of Section 301 investigations into multiple economies - have affected timing though not the ongoing engagement; Indian officials say the US intends to calibrate tariffs to preserve India's comparative advantage and preferential access under the proposed pact.
March 13, 2026
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Legally binding investment commitment spurs FTA-driven investment and enhanced market access while preserving sensitive sector protections.
The India-EFTA TEPA embeds a legally binding investment commitment within an FTA, paired with a safeguard clause allowing India to claw back FTA benefits if investment pledges are unmet. The agreement furnishes near-complete services market access across EFTA parties, enables technology collaboration and capacity building, and maintains protections for sensitive sectors such as agriculture and dairy. A dedicated FTA facilitation desk and stakeholder engagement are promoted to convert treaty commitments into investment, trade and employment outcomes.
March 13, 2026
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Geographical Indication protection enabled first exports of Joha rice to the UK and Italy, expanding premium market access.
APEDA facilitated the first export consignments of Geographical Indication-tagged Joha rice to the United Kingdom and Italy by coordinating certification, exporter registration, processing and packing with state agriculture and plant quarantine authorities to ensure compliance with export standards.
March 13, 2026
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Economic Stabilization Fund to provide fiscal headroom for unanticipated crises and preserve the year's fiscal deficit within revised estimates.
The government proposes an Economic Stabilization Fund established via inter-account transfers in the second batch of supplementary demands for grants to create fiscal headroom for unanticipated crises and supply-chain disruptions; the fund is to be financed by a mix of net cash outgo and savings, and the additional expenditure is stated not to alter the fiscal deficit relative to the Revised Estimates.
March 13, 2026
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Foreign exchange reserves decline as central bank reports weekly reductions across foreign currency assets, gold, SDRs and IMF position.
India's foreign exchange reserves declined by USD 11.683 billion to USD 716.810 billion for the week ended March 6. The change comprised a USD 9.880 billion fall in foreign currency assets to USD 563.245 billion, a USD 1.612 billion decrease in gold reserves to USD 130.017 billion, a USD 0.146 billion reduction in SDRs to USD 18.720 billion, and a USD 0.045 billion drop in the IMF reserve position to USD 4.828 billion; foreign currency assets are stated in dollar terms including valuation effects of non US currencies.
March 13, 2026
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Presale utility claim: DeepSnitch AI touts a live verification network and presale mechanics with investor disclosures.
DeepSnitch AI is presented as an operational presale with a live verification intelligence network monitoring smart contracts, whale activity, liquidity changes, and suspicious on chain behaviour, contrasted with competitors whose promised features remain undeveloped; the article specifies presale stage, per token pricing, a confirmed presale deadline, a claim period before DEX listing, promotional early buyer bonuses, and a closing risk disclaimer advising independent financial advice and disavowing editorial responsibility.
March 13, 2026
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Monetary policy stance maintained; rates expected steady while inflation risk rises amid higher oil prices and trade shifts.
Fitch raised India's near-term GDP forecasts, attributing growth to domestic demand and investment, noted national accounts rebasing that smooths GDP estimates, and projected a short-term easing then recovery in investment linked to looser financial conditions. The report warns that higher global oil prices raise inflation risk while the Reserve Bank's neutral stance and expectation of unchanged policy rates are likely to persist. It also highlights that weaker domestic demand may boost net trade contribution and that external legal/regulatory changes, including a lower US effective tax rate and Section 122 tariffs, will affect external demand.

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HIGHLIGHTS

March 27, 2026

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New Delhi, Mar 27 (PTI) Following are the top stories at 5.10 pm: TOP STORIES DEL34 BIZ-3RDLD PETROL-EXCISE CUT (3.38 PM) Govt cuts excise duty on petrol, diesel; slaps windfall tax on fuel exports New Delhi: The government has slashed excise duty on petrol and diesel by Rs 10 per litre, averting a pump price hike that had become necessary because of soaring global oil prices.

FGN34 NEPAL-BALEN-2NDLD OATH (4.56 PM) Rapper-turned-politician 'Balen' sworn in as Nepal's 47th PM Kathmandu: Rapper-turned-politician Balendra Shah 'Balen,' took oath as Nepal's democratically elected prime minister on Friday, around six months after the K P Sharma Oli-led government was ousted in a Gen-Z protest that shook the nation. By Shirish B Pradhan LGD8 UP-HC-LIVE IN RELATIONSHIP (4.45 PM) Live-in relationship between married man, consenting adult woman not a crime: Allahabad HC Prayagraj: The Allahabad High Court has said that a married man living in a consensual live-in relationship with an adult woman does not amount to a criminal offence under law.

NATION DEL28 PM-NEPAL-BALEN (1.56 PM) Modi congratulates Balendra Shah on becoming Nepal's new PM New Delhi: Prime Minister Narendra Modi on Friday congratulated Balendra Shah 'Balen' on being sworn in as Nepal's new prime minister, saying that he looks forward to working closely with him to deepen India-Nepal ties for the mutual benefit of both nations.

DEL26 ED-RELIANCE-CHARGESHEET (1.23 PM) ED to file chargesheet in Rs 40,000 crore loan 'fraud' involving ex-RCOM president New Delhi: The Enforcement Directorate may on Friday file a chargesheet as part of its money laundering probe into an alleged Rs 40,000 crore loan fraud involving Reliance Group chairman Anil Ambani's group company RCOM and its past executives, official sources said.

DEL35 CONG-EXCISE-3RDLD FUEL (3.36 PM) Excise duty cut on petrol-diesel due to assembly polls: Congress slams govt New Delhi: The Congress on Friday alleged that the government's excise cuts on petrol and diesel were because of assembly elections and pointed out that consumer prices in India were not reduced even when global crude oil prices fell on seven different occasions in the past 12 years.

PAR15 LS-SULE-CRASH (4.08 PM) Supriya Sule raises Ajit Pawar plane crash in LS, seeks time-bound probe New Delhi: NCP-SP leader Supriya Sule on Friday demanded a time-bound probe into the plane crash that killed former Maharashtra Deputy Chief Minister Ajit Pawar and criticised the state government for not filing an FIR in the matter.

DEL45 DEF-CONTRACTS (4.20 PM) Govt inks twin defence deals worth Rs 858 crore New Delhi: The defence ministry on Friday signed a Rs 445 crore contract with Russia's Rosoboronexport for procurement of an air defence missile system for the Indian Army.

DEL27 DL-SONIA GANDHI-HOSPITAL (1.23 PM) Sonia Gandhi's health shows improvement, will be discharged from hospital soon: Doctors New Delhi: Senior Congress leader Sonia Gandhi's health is showing steady improvement, and she will be discharged from the hospital within one to two days, her doctors said on Friday.

CAL20 WB-POLLS-ABHISHEK (4.43 PM) Modi govt may hike fuel prices after assembly polls: Abhishek Banerjee Kolkata: Senior Trinamool Congress leader Abhishek Banerjee on Friday said there is a strong possibility that the BJP-led central government will increase the prices of cooking gas and transport fuel after the assembly elections are over on April 29.

CAL19 WB-MAMATA-LPG (4.38 PM) LPG cylinders produced in Bengal should not be sent outside: Mamata Kolkata: West Bengal Chief Minister Mamata Banerjee on Friday reiterated her demand that cooking gas produced in the state should not be diverted elsewhere in the country, citing concerns over a perceived LPG shortage amidst the ongoing West Asia conflict.

MDS16 TN-POLLS-AIADMK-LIST (4.01 PM) AIADMK announces second list of party candidates for Apr 23 TN Assembly polls Chennai: The Opposition AIADMK in Tamil Nadu on Friday announced the second list of its party candidates for the April 23 Assembly election, retaining some of its MLAs.

DEL30 PREZ-ECONOMIC-POLICY (3.21 PM) 'Behind every statistic lies human story', economic policy should improve people's lives: Murmu New Delhi: Asserting that behind every statistic lies a human story, President Droupadi Murmu on Friday said that the true measure of economic policy is not merely in numbers, but in its outcome.

BOM9 MH-ZIRWAL-FADNAVIS (2.44 PM) Will take appropriate decision on Zirwal issue after verifying facts: Fadnavis (2.44 PM) Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Friday said an “appropriate decision” on minister Narhari Zirwal will be taken after verification of facts in connection with a viral video showing the NCP leader with a trans-person in a bedroom.

LEGAL BOM6 MH-HC-AMBANI-PIL (1.23 PM) HC junks plea seeking CBI probe against Mukesh Ambani, RIL over ‘illegal’ gas extraction Mumbai: The Bombay High Court on Friday dismissed a petition seeking a CBI probe against Reliance Industries Limited and its chairman and managing director Mukesh Ambani for alleged unlawful extraction of natural gas from ONGC’s Krishna-Godavari basin fields.

LGD7 CJI-JUDGES VACANCY (3.56 PM) CJI writes to HCs for expeditious filling of vacant posts, prioritising elevation of women judges New Delhi: Chief Justice of India Surya Kant has written to chief justices of high courts for expeditious filling up of judicial vacancies with special focus on elevation of women judges for ensuring diversity in the benches.

BUSINESS DEL24 BIZ-LPG-ALLOCATION (1.15 PM) Govt raises commercial LPG supply to 70 pc of pre-war demand, prioritises key industries New Delhi: The central government has increased commercial LPG allocations to states by 20 per cent, raising the quota to 70 per cent of pre-war demand to meet industrial requirements, including steel and automobiles.

FOREIGN FES20 LANKA-HEALTH SCAM (3.47 PM) Former Sri Lanka health minister fined LKR 75 million for purchasing substandard medicines Colombo: The Supreme Court on Friday fined a former health minister Sri Lanka rupees 75 million for violating fundamental rights by importing medicines under an Indian credit line in 2022 through a company not registered for the purpose. PTI AMJ AMJ

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