India now has the third-largest Metro network in the world, after China and the US

Delhi Metro

Business Standard

Regulator proposes lowering complaint threshold for action on AI-flagged spam and seeks compliance with spam regulations from call management apps and phone diallers

Telecom, towers

Sources said ISMA, in a letter written a few days ago, stated that while global energy markets remain uncertain, accelerating domestic biofuel utilisation is both an economic and strategic imperative

Ethanol

Government has approved food safety reforms including deemed FSSAI registration for street vendors and perpetual validity for licences to simplify compliance for food businesses

galouti kabab, lucknow, street food, food

Production from captive and commercial coal mines crossed 200 million tonnes in FY26, surpassing last year's output ahead of schedule and marking a key milestone for India's coal sector

coal mines

CDSCO has mandated online submission of applications for licences to manufacture and sell r-DNA-origin drugs through the ONDLS portal to streamline regulatory processes

medical, pharma, research

The government plans to install 39 lakh rooftop solar systems with 11,700 MW capacity in FY27 under the PM Surya Ghar Muft Bijli Yojana, the MNRE informed a parliamentary panel

Have a sunny rooftop? Then tap into power of the sun with a solar installation system that can help cut down your electricity bills. Credits: Adobe Stock

solar power

Passenger vehicle sales rose 10.6 per cent year-on-year in February, while two- and three-wheeler segments also recorded their highest-ever February sales, according to SIAM data

car sales, passenger vehicle

The Shenzhen-based automaker is studying the Canadian market for a potential manufacturing facility, although no decision has been made, Executive Vice President Stella Li said

China, BYD

Bloomberg

Standing committee asks government to review eligibility norms in the auto PLI scheme, expand EV incentives and speed up upgrades of testing agencies

rare earth magnets, equipment manufacturers, Electric Vehicles, Metals & minerals, Automobile

Tyre makers warn that the West Asia conflict may disrupt exports, raise crude-linked input costs and strain supply chains, prompting ATMA to seek urgent policy support

tyres, waste, pollution

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

MSMEs

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

trade

Bank credit growth accelerated to 14.5% year-on-year in the fortnight ended February 28, while deposit growth strengthened to nearly 12%, according to RBI data

Credit growth rises to 14.5% in Feb 28 fortnight; deposits expand 12%

Fintech funding rose slightly to $2.4 billion in CY25, but geopolitical tensions in West Asia may slow investment flows as venture capital investors turn cautious about deploying capital

Fintech

RBI revises counterparty credit risk framework to align with Basel norms, refining capital treatment for derivatives exposures and clarifying rules for clearing members

RBI, Reserve Bank of India

Profitability in the banking sector is expected to remain healthy, supported by stronger core earnings

Reserve Bank of India (RBI) data also suggest a sharp pickup in corporate credit growth, with credit to industry growing 9.6 per cent as of November 2025, compared with 8.3 per cent in the corresponding fortnight of last year

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