Category: Business

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the Iran war, in Shinas, Oman, on 11 March 2026. The Iran war, and the consequent blockade of the Strait of Hormuz, threatens to close the “goldilocks” trade window for India's economy. (Reuters)
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India’s trade deficit narrows before Iran war impact shows on economy| Business News

India’s trade deficit narrowed more than expected in February as a cooling import bill offset stagnant exports, but that was before the Iran war took…

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PhonePe has enabled biometric payments on its UPI app.
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PhonePe IPO put on hold as Iran war rattles stock market| Business News

PhonePe Ltd. has deferred its much-awaited IPO in India, citing the impact of the ongoing Iran war on investor sentiment and the wider stock market….

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Mankind Pharma, Ajanta Pharma, Sun Pharma, Dr. Reddy’s and Lupin are gearing up to sell generic versions of Semaglutide, the molecule behind the blockbuster Ozempic weight-loss drug. (AP)
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Prices of weight-loss drugs set to halve in India as Ozempic patent expires this week| Business News

Swati Pradhan sees about 12 obesity patients a day at her small clinic in southern Mumbai. She expects this number to at least double from…

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Huawei Technologies has been in collaboration with Hua Hong Group's Huali Microelectronics for the 7 nm AI chip. (Pixabay)
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China’s Hua Hong readies 7 nm AI chip as Beijing steps up self-sufficiency drive| Business News

China’s Hua Hong Group has developed advanced chip manufacturing technology that can be used to produce AI chips, four people familiar with the matter said,…

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The government is set to scrap the bids it received for a majority stake in IDBI Bank as the amounts were below the minimum price sought. (Mint)
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IDBI Bank shares tumble after govt stake sale plans reportedly scrapped| Business News

The stock of IDBI Bank Ltd. fell the most since at least June 2024 after reports that the government has decided to scrap its stake-sale…

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The Adani House in Ahmedabad. Roughly 70% of Adani Total Gas' volume is sourced domestically, which prioritises households and vehicles, while the rest 30% relies on LNG imports. (Reuters)
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Adani Total Gas cuts industrial gas prices as supply crunch eases amid Iran war| Business News

Adani Total Gas Ltd., a joint venture of India’s Adani Group and Total Energies SA of France, has cut prices for excess natural gas supplied…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
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Sensex, Nifty 50 open flat on easing oil supply amid Iran war| Business News

India’s stock market opened flat today, after last week’s worst weekly drop in years confirmed a technical correction, as hopes of easing energy supply worries…

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A man walks past a screen displaying Japan's Nikkei share average outside a brokerage in Tokyo, Japan. (REUTERS/File)
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Japan’s Nikkei share average slides again as Iran-US war threatens economy| Business News

Japan’s Nikkei share average slid for a third straight day on Monday as the Middle East crisis threatened longer-term damage to the economy through higher…

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Billionaire investor Ronnie Screwvala. (LinkedIn/Ronnie Screwvala)
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Upgrad to acquire Unacademy in all-stock deal| Business News

Ronnie Screwvala’s Upgrad has signed a term sheet to acquire Gaurav Munjal’s Unacademy in an all-stock deal—a move that consolidates India’s edtech sector led by…

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Meta Platforms CEO Mark Zuckerberg. As on 31 December 2025, his firm employed nearly 79,000 people across the world, according to its latest filing. (AP)
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Meta Platforms plans sweeping layoffs as AI costs mount| Business News

Meta Platforms Inc. is planning sweeping layoffs that could affect 20% or more of the company, three people familiar with the matter said, as the…

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