Associate Sponsors

Co-sponsor

Today’s Paper

Front Page

West Asia crisis: India bulks up Russia oil; US allows 30-day waiver

Now at a premium, Russian crude imports surge after start of war in West Asia

Updated On: 06 Mar 2026 | 11:08 PM IST

West Asia war: Better placed than 1991, but impact may be longer, say govt

A prolonged conflict in the region can be detrimental to the economy, placing pressure on inflation, exchange rate, trade and capital flows, the balance of payments, and the current account deficit

Updated On: 06 Mar 2026 | 11:14 PM IST

West Asia crisis: Down 3%, Indian stocks log worst week in over one year

Benchmark indices log their steepest weekly losses in over a year as surging crude oil prices and escalating Middle East tensions dampen investor sentiment

Updated On: 06 Mar 2026 | 11:18 PM IST

Karnataka proposes social media ban for children under 16 in Budget

Karnataka has proposed banning social media use for children under 16, with Andhra Pradesh and the Centre weighing similar curbs as concerns grow over digital addiction and harmful content

Updated On: 06 Mar 2026 | 11:23 PM IST

RBI draft proposes up to ₹25,000 compensation for small digital frauds

RBI's draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence, if reported within five days

Updated On: 06 Mar 2026 | 11:28 PM IST

Ex-rapper's party heading towards landslide victory in Nepal elections

Rastriya Swotantra Party is leading in 23 seats, while Nepali Congress and CPN-UML are leading in three each as per the preliminary election results. Vote counting started late on Thursday night, according to the Election Commission. Counting is expected to be completed by Friday night. Nepal witnessed about 60 per cent voter turnout during the elections to the House of Representatives on Thursday - the country's first polls since violent Gen Z protests that toppled the K P Sharma Oli-led coalition government last year.

Updated On: 06 Mar 2026 | 11:32 PM IST

Companies

Technolegal approach of India on AI pragmatic: Wipro's Ivana Bartoletti

India's techno-legal AI governance model, built on soft guidelines and shared responsibility, is practical for rapidly evolving technology, says Wipro's Global Chief Privacy and AI Governance Officer

Updated On: 06 Mar 2026 | 11:10 PM IST

India one of our fastest-growing markets: Siemens MD & CEO Sunil Mathur

Siemens Limited MD Sunil Mathur spoke about AI adoption, opportunities in India's data centre market, and the outlook for industrial technology

Updated On: 06 Mar 2026 | 9:51 PM IST

Flipkart lays off 250-300 employees after reviewing performance

Layoffs affect roughly 2% of workforce as Walmart-backed e-commerce firm tightens operations and prepares for a potential IPO

Updated On: 06 Mar 2026 | 9:48 PM IST

Uber says regulatory hurdles make shuttle business a challenging space

Uber says its shuttle business remains challenging due to regulatory hurdles restricting expansion beyond Delhi and Kolkata, even as it pushes ahead with intercity bus and multi-modal plans

Updated On: 06 Mar 2026 | 9:36 PM IST

Marrakech landmark La Mamounia turns its attention to the Indian traveller

Century-old property headed by the hotelier who helped reposition The Imperial New Delhi

Updated On: 06 Mar 2026 | 8:50 PM IST

Cent launches AI-led platform for early detection of cancer, heart risk

Founded by Practo's Shashank ND with Arpit Garg and Anshul Khandelwal, Cent combines advanced imaging, 120+ biomarkers and AI to detect cancer and cardiac risks before symptoms appear

Updated On: 06 Mar 2026 | 4:21 PM IST

Economy

Govt bond yields rise as crude surges; RBI steps in with OMO purchases

Government bond yields rose on Friday as crude and OIS rates climbed, before the RBI announced ₹1 trillion of bond purchases to ease liquidity tightness expected from March tax outflows

Updated On: 06 Mar 2026 | 10:49 PM IST

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB says India's crude oil reserves of about 100 million barrels-enough for 40-45 days-leave the country exposed to potential supply disruptions through the Strait of Hormuz

Updated On: 06 Mar 2026 | 10:41 PM IST

Will formalise ways to give comfort to Indian exporters, says Piyush Goyal

Piyush Goyal says the government is formalising steps to support exporters facing disruptions from the West Asia crisis, with an inter-ministerial group tracking risks and logistics challenges

Updated On: 06 Mar 2026 | 10:39 PM IST

Govt orders refiners to boost LPG output as Hormuz disruption worsens

Government directs refiners to maximise LPG production and supply extra volumes only to state-run OMCs for domestic use, as Hormuz closure tightens India's already import-heavy LPG supply

Updated On: 06 Mar 2026 | 10:35 PM IST

Govt amends I-T rules: Crypto, digital money now under reporting framework

From January 2026, crypto-assets, CBDCs and electronic money products will fall under India's expanded FATCA-CRS reporting regime, strengthening tax transparency and compliance

Updated On: 06 Mar 2026 | 10:26 PM IST

States spend just 52% of FY26 capex budget in April-January period

States spent only 51.8 per cent of their combined FY26 capital expenditure budget during April-January, trailing the Centre's capex pace, according to CAG data

Updated On: 06 Mar 2026 | 8:40 PM IST

Finance

EPFO panel flags rising unclassified balances, seeks March-end roadmap

Employees' Provident Fund Organisation finance panel seeks roadmap to clear suspense account balances by March 31 amid concerns over rising unclassified funds

Updated On: 06 Mar 2026 | 11:11 PM IST

India's forex reserves hit record $728.5 bn on gold, currency gains

India's foreign exchange reserves rose to a record $728.49 billion in the week ended February 27, driven by higher gold reserves and foreign currency assets, according to RBI data

Updated On: 06 Mar 2026 | 11:02 PM IST

Women home loan borrowers: Co-borrowers must ensure they are co-owners

Besides enjoying a share in the property, this will make them eligible for tax benefit

Updated On: 06 Mar 2026 | 9:57 PM IST

Opinion

David vs Goliath: Iran war reveals pricing asymmetry of weapons systems

Wars, as the historian Correlli Barnett once argued, are the ultimate audit. They reveal the strengths and weaknesses of states, economies, and institutions

Updated On: 06 Mar 2026 | 11:04 PM IST

Energy shocks from West Asia will have knock-on effects on India's economy

The Strait of Hormuz is currently closed to shipping, choking off 20 per cent of global oil and gas supply

Updated On: 06 Mar 2026 | 10:47 PM IST

The world must ensure Iran retains a functioning post-war state machinery

On February 28, the United States and Israel launched a large-scale and unprovoked air and missile attack against Iran, killing Ayatollah Khamenei, Iran's supreme leader

Updated On: 06 Mar 2026 | 10:41 PM IST

Markets

Sebi unveils 'debit freeze' for MF folios; Sedemac IPO booked 2.7x

Securities and Exchange Board of India introduces mutual fund debit freeze facility to curb fraud; Tencent trims stake in PB Fintech as deal activity and IPO interest continue

Updated On: 06 Mar 2026 | 10:33 PM IST

Rising defence-related opportunities may boost Bharat Electronics stock

BEL is a manufacturer and integrator of radars, communication systems, EW suites, and avionics

Updated On: 06 Mar 2026 | 10:26 PM IST

Essel-linked FMP case: Kotak AMC gets partial relief

Securities Appellate Tribunal grants partial relief to Kotak Mahindra Asset Management Company in the Securities and Exchange Board of India case over Essel-linked FMP investments

Updated On: 06 Mar 2026 | 10:23 PM IST

FPIs sold IT stocks heavily despite positive net inflows in February

FPIs sold nearly ₹17,000 crore worth of IT stocks in February despite strong overall equity inflows, as fears of AI-led disruption drove the sector to its steepest monthly fall since 2008

Updated On: 06 Mar 2026 | 10:16 PM IST

Sentiment shift: Global funds pull money from Asia at fastest pace in years

Funds have sold net $11 billion of shares in developing Asia, excluding China, this week

Updated On: 06 Mar 2026 | 10:12 PM IST

Liquor stocks: Radico Khaitan, Globus, United Spirits, UBL soar up to 8%

Liquor stocks: Karnataka Chief Minister Siddaramaiah today announced a shift to a global taxation standard and the complete deregulation of alcohol pricing.

Updated On: 06 Mar 2026 | 9:55 PM IST

India's fuel demand slips month-on-month in February, rises annually

Indian refiners have been buying Venezuelan oil to diversify their supply mix as they reduce Russian oil imports, a move that helped New Delhi clinch an interim trade deal with Washington

Updated On: 06 Mar 2026 | 8:08 PM IST

Jio Platforms IPO delayed amid regulatory limbo over listing rules

Ambani said in August that Reliance was aiming to list Jio in the first half of 2026, a plan he had first signaled 2019 - back then with a five-year timeline

Updated On: 06 Mar 2026 | 6:28 PM IST

Technology

Anthropic to fight Pentagon in court over supply chain risk label

Earlier Thursday, the Pentagon formally notified Anthropic that the company and its products pose a risk to the US supply chain

Updated On: 06 Mar 2026 | 10:30 PM IST

Specials

Cruising on the road less taken: Indian women are rewiring motorsport

As women open new doors everywhere, the gaps in motorsports - on and off the track - also stand exposed. An International Women's Day feature

Updated On: 06 Mar 2026 | 10:47 PM IST

India News

Indian Railways freight rises 4% in February to 137.72 million tonnes

Railways ferried 137.72 mt of goods in February, up 4% year-on-year, with growth across key commodities and NTKM rising, though experts say double-digit expansion is needed to meet long-term goals

Updated On: 06 Mar 2026 | 11:39 PM IST

Datanomics: Women's Day highlights India's long road to equality

The occasion offers a moment to reflect on how close our country truly is to gender parity

Updated On: 06 Mar 2026 | 10:57 PM IST

India's Karnataka state to end alcohol price controls from April 2026

India is the world's eighth-largest alcohol market with annual revenues of $45 billion, each state has its own regulations and pricing

Updated On: 06 Mar 2026 | 7:27 PM IST

Industry

India's electric vehicle sales revved up across categories in February

However, month-on-month, there was a decline over January's high base

Updated On: 06 Mar 2026 | 11:07 PM IST

Farmers' earnings may come under pressure if West Asia exports stay stuck

Centre says India is sitting on 36.5 per cent more fertiliser stocks as on March 6, compared to last year; farmers fully insulated from global shocks

Updated On: 06 Mar 2026 | 10:53 PM IST

GIC Re withdraws marine cargo war cover for facultative contracts

State-owned reinsurer GIC Re withdraws marine cargo war cover for facultative reinsurance contracts in several high-risk maritime zones amid rising tensions near the Strait of Hormuz

Updated On: 06 Mar 2026 | 10:46 PM IST

Karnataka scraps liquor price control structure, adopts alcohol-based tax

Karnataka will end liquor price control and adopt an alcohol-in-beverage-based tax from April 2026, with reforms aimed at transparency, compliance ease and boosting excise revenue

Updated On: 06 Mar 2026 | 10:22 PM IST

SAT rejects appeal of IndusInd's ex-deputy CEO to access probe records

Tribunal says IndusInd Bank's former deputy CEO Arun Khurana has already received documents relied upon by Sebi and cannot seek access to the entire dataset at this stage

Updated On: 06 Mar 2026 | 10:21 PM IST

War shadow dims Brand Dubai's glitter amid rising West Asia tensions

With $250 billion property deals in 2025, property market may continue to show resilience

Updated On: 06 Mar 2026 | 9:56 PM IST

India-NZ T20 World Cup final play means business for eateries, pubs

Restaurants and pubs expect higher footfall as India faces New Zealand in the ICC Men's T20 World Cup final, while hotel bookings in Ahmedabad surge and room rates edge up

Updated On: 06 Mar 2026 | 9:37 PM IST

Netflix to open Hyderabad hub for high-end VFX, post-production on Mar 12

Netflix will open its Hyderabad hub on March 12, featuring high-value post-production, VFX and virtual production capabilities, strengthening the city's position in the AVGC sector

Updated On: 06 Mar 2026 | 8:28 PM IST

PSBs, insurers seek higher sum assured for social security schemes

PSBs and insurers have urged the finance ministry to raise the sum assured under PMJJBY and PMSBY, citing inflation and household vulnerabilities, as India targets "Insurance for All by 2047"

Updated On: 06 Mar 2026 | 8:26 PM IST

Noida International Airport gets DGCA aerodrome licence ahead of launch

DGCA has granted an aerodrome licence to Noida International Airport, enabling it to advance its approvals process even as the project faces delays in terminal construction and operational readiness

Updated On: 06 Mar 2026 | 8:24 PM IST

Odisha project to beef up oil security in times of West Asia war

Public-sector firm seeks help from Independent MLA to start work

Updated On: 06 Mar 2026 | 7:46 PM IST

Microfinance portfolio drops 7.3% to ₹3.14 trillion in Q3, says MFIN

Microfinance loan portfolio fell to Rs 3.14 trillion in Q3 FY26, down 7.3% sequentially, with 50 lakh borrowers losing access to formal finance even as portfolio quality showed improvement

Updated On: 06 Mar 2026 | 7:38 PM IST

Women buying homes priced above ₹90 lakh jumps to 61%, says Anarock

Share of women seeking homes priced above Rs 90 lakh rose to 61 per cent in 2025 from 25 per cent in 2019, signalling stronger participation in India's high-value property market

Updated On: 06 Mar 2026 | 6:47 PM IST

Skill Ministry signs Flexi-MoU with Bajaj Auto for auto training

MSDE's Directorate General of Training signs a Flexi-MoU with Bajaj Auto to train candidates in advanced automotive manufacturing under the revised Flexi-MoU Scheme

Updated On: 06 Mar 2026 | 6:31 PM IST

NBFC-MFIs diversify beyond microfinance into LAP and housing loans

NBFC-MFIs are expanding into MSME loans, LAP and affordable housing finance as political developments, regulatory changes and sector stress push lenders to diversify beyond microfinance

Updated On: 06 Mar 2026 | 5:25 PM IST

Book

Discovering Nature in Delhi: Tracing the capital's secret natural world

In her new book, Neha Sinha explores Delhi's hidden wilderness-from the Aravalli Range to the Delhi Ridge-revealing the capital's rich but overlooked biodiversity

Updated On: 06 Mar 2026 | 9:46 PM IST

World News

Sri Lanka Navy 'safely' transfers 204 Iranian sailors from ship to Colombo

The Sri Lankan Navy on Friday said 204 of the 208 Iranian personnel on board IRINS Bushehr have been "safely" transferred to the port of Colombo, two days after another Iranian frigate was sunk near the island nation. Four sailors are remaining on the ship which had developed trouble in one of the engines, the navy said. The navy said it will take at least two more days for the ship to reach the eastern port of Trincomalee from its current location outside capital Colombo. Navy spokesman Commander Buddika Sampath said the Iranian sailors will be taken to the navy camp at Welisara, a northern suburb in Colombo. "They will be subject to medical examination as a formality of registration," Sampath said. In a televised address on Thursday, Dissanayake said the vessel, IRINS Bushehr, had sought permission to enter Sri Lankan waters, citing an engine failure. "We wanted to remain neutral while dealing with a humanitarian response," he said, adding that Sri Lanka's role was limited to .

Updated On: 06 Mar 2026 | 10:36 PM IST

Qatar energy minister warns Gulf exports could halt within weeks: Report

"Everybody that has not called for force majeure we expect will do so in the next few days that this continues. All exporters in the Gulf region will have to call force majeure," Kaabi told the FT

Updated On: 06 Mar 2026 | 10:34 PM IST

No deal with Iran except 'unconditional surrender', declares Trump

Trump said in a social media post, adding that they would work to boost Iran's economy

Updated On: 06 Mar 2026 | 10:33 PM IST

SoftBank seeks up to $40 billion loan to finance major OpenAI investment

The Japanese company, which held about 11 per cent in OpenAI at the end of December, has unloaded assets including its stake in Nvidia Corp., to bankroll its growing bet on OpenAI

Updated On: 06 Mar 2026 | 10:31 PM IST

An 'existential war' for Iran: Dy Minister of Foreign Affairs Khatibzadeh

Iran's Deputy Foreign Minister Saeed Khatibzadeh calls the recent US-Israel strikes an "unnecessary war of choice", accusing Washington of betraying diplomacy

Updated On: 06 Mar 2026 | 10:28 PM IST

Azerbaijan to evacuate diplomats from Iran over security concerns

Azerbaijan reacted angrily on Thursday to what it said was an incursion by Iranian drones into its Nakhchivan exclave, with President Aliyev threatening retaliation

Updated On: 06 Mar 2026 | 7:26 PM IST

Iran war has driven surge in global demand for Russian energy, says Kremlin

The conflict, now in its seventh day, has left the Strait of Hormuz nearly shut, cutting countries around the world off from about a fifth of global oil and liquefied natural gas supplies

Updated On: 06 Mar 2026 | 7:04 PM IST

External Affairs Defence Security

Rajnath Singh calls for Indian maritime leadership amid West Asia crisis

In this era of changing geopolitics, oceans have once again come to the centre of the world's power balance and it is India's responsibility to provide leadership with confidence and capability, Defence Minister Rajnath Singh said on Friday, referring to the escalating conflict in West Asia. The unfolding developments in West Asia are "highly unusual" and the situation in the region could adversely impact the global economy, he said addressing an event here. "What is happening in West Asia is highly unusual. It is difficult to make any firm comment at this stage on the direction in which conditions in West Asia might proceed going forward," he said. "If we look at the Strait of Hormuz or the entire Persian Gulf region, it is an extremely important area for the world's energy security. When there is disturbance or disruption in this region, it directly impacts the supply of oil and gas," he said. "Not only that, today we are witnessing supply chain disruptions not just in the energy

Updated On: 06 Mar 2026 | 10:44 PM IST

All Indian ships in West Asia safe, says government amid rising tensions

Government says all 35 Indian-flagged vessels in the Persian Gulf region remain safe as enhanced monitoring continues; port operations stable despite cargo pile-up concerns

Updated On: 06 Mar 2026 | 10:37 PM IST

Odisha firm designs India's first advanced long-range strike drone

IG Defence unveils 'Project KAL', an indigenous long-range strike drone capable of carrying explosive payloads up to 1,000 km, aimed at boosting India's unmanned warfare capabilities

Updated On: 06 Mar 2026 | 10:33 PM IST

CISF to manage drone security for critical infrastructure: Amit Shah

Amit Shah says CISF will act as the nodal agency for drone security at airports, ports and industrial hubs as the force expands its role in protecting critical infrastructure nationwide

Updated On: 06 Mar 2026 | 10:01 PM IST

Indian Navy's first AIP-equipped submarine to be ready by year-end

Second of six operational Kalvari submarines to become first in class to be fitted with endurance- and stealth-enhancing technology

Updated On: 06 Mar 2026 | 7:00 PM IST