Vibha Anand
Civil Aviation Minister K Rammohan Naidu said that India's aviation sector is facing a bottleneck in the procurement of new aircraft. He added that while 1,700 new planes are on order, supply chain disruptions mean deliveries could take 15 years. The government plans to develop 50 airports in the next five years. India's 165th airport was recently inaugurated in Noida.
Mar 29th, 2026

Anushka Singh
TVS Holdings on Saturday said that it has invested ₹526.79 crore in its subsidiary Home Credit India Finance (HCIFPL), taking its stake to 80.39%. The company said it has subscribed to and has been allotted 22,91,39,017 equity shares at the price of ₹22.99 per share. HCIFPL is a non-banking financial company that provides loans in the retail segment.
Mar 29th, 2026

Vibha Anand
World's largest cryptocurrency bitcoin's options fell to $66,000 (about ₹62 lakh) after a steady run last week. This marks a 47.7% decline from the cryptocurrency's all-time high of $126,198, which it had hit in October 2025. Notably, bitcoin has held at $66,000 thrice in 2026 so far, with investors pushing it back up each time.
Mar 29th, 2026

Anushka Singh
US pharma firm Eli Lilly has signed a $2.75-billion deal with biotech firm InSilico Medicine for the development of drugs using AI, the latter said. Under the deal, both companies will collaborate on multiple research and development programmes using InSilico’s Pharma.AI platform. InSilico Medicine is eligible for $115 million in upfront payment, along with tiered royalties on future sales.
Mar 29th, 2026

Anushka Singh
Indian Farmers Fertiliser Cooperative Limited's (IFFCO) Senior General Manager at its Bareilly plant, Satyajit Pradhan, said that farmers will not face a fertiliser shortage due to the West Asia war, as there is sufficient stock. He further said that production and marketing activities are continuing in a normal manner. Union Minister JP Nadda on Friday assured adequate fertiliser availability.
Mar 29th, 2026

Anushka Singh
The Confederation of Indian Industry (CII) on Sunday said the government's response to the West Asia war was swift, coordinated and well-calibrated. CII also laid out a 12-point agenda for the Indian industry to consider and support the government's efforts. The agenda advises companies to maintain price stability and explore switching from LPG to natural gas and other energy options.
Mar 29th, 2026

Vibha Anand
Blackstone-backed EPL Limited has agreed to merge with Indorama Ventures-backed Indovida in a deal valuing the combined business at approximately $2 billion (₹18,956 crore). EPL is valued at about $1.2 billion (₹11,373 crore), and Indovida is valued at about $700 million (₹6,634 crore). The merger will combine Indovida's plastics portfolio with EPL's packaging operations.
Mar 29th, 2026

Anushka Singh
India has called for a 25-year transition period for developing countries under the second phase of the WTO fisheries subsidies pact during the 14th ministerial conference. The Indian delegation also argued for stronger disciplines on industrial fishing fleets in distant waters. Union Minister Piyush Goyal highlighted the challenge of overfishing due to subsidised industrial fleets.
Mar 29th, 2026

Vaishnavi Mishra
The Central Board of Direct Taxes (CBDT) has ordered all income tax offices across India to remain open on March 31, despite it being a gazetted holiday on account of Mahavir Jayanti. The decision has been taken to clear pending assessments and departmental work of the financial year 2025-26. March 31 marks the last day of this financial year.
Mar 29th, 2026

Ashley Paul
The government relaxed kerosene supply rules in 21 states and Union Territories amid a fuel crisis triggered by Middle East war. The Petroleum Ministry said it'll facilitate public distribution system of kerosene for cooking and lighting purposes, allowing OMCs to store 5,000 litres of kerosene at two fuel pumps/district. The 21 states/UTs include Delhi, Punjab, Sikkim, Goa, Telangana and Gujarat.
Mar 29th, 2026

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