BizTrendWire Your quick daily dose of business trends
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Source: Reuters (via feed) India's economic fundamentals are strong, Prime Minister Narendra Modi said on Monday. He stated that the country has adequate availability of petroleum, fertilisers, and coal. These resources are available to manage…
Source: Reuters (via feed) India’s banking system liquidity fell into a substantial deficit for the first time in 2026. This was driven by heavy tax outflows and currency market intervention. These factors drained cash balances…
Source: Reuters (via feed) Indian sugar mills have locked in export shipments totaling 100,000 metric tons in one week. This information was confirmed by five dealers speaking to Reuters. The increase in export deals came…
Source: Reuters (via feed) Iran’s Defence Council said on Monday that an attack on the country's southern coast and islands will lead to the closure of Gulf routes. The Council added that the closure will…
Source: Reuters (via feed) Former French Socialist Prime Minister Lionel Jospin died at age 88, broadcaster BFM reported. The report did not include further details. BizTrendWire Insight: The report from BFM provides confirmed information about…
Source: Reuters (via feed) Indian equity markets are positioning for a volatile derivatives expiry on Tuesday. Concerns over an escalation in the Iran conflict have worsened market sentiment. These concerns have increased demand for costly…
Source: Reuters (via feed) Goldman Sachs expects the European Central Bank (ECB) to deliver two interest rate hikes. Each increase is forecasted at 25 basis points. These hikes are anticipated in April and June. This…
Source: Reuters (via feed) India's Directorate General of Trade Remedies has recommended anti-dumping duties on imports of viscose rayon filament yarn from China. The duties range from $386 to $1,071 per metric ton, according to…
Source: Reuters (via feed) SLMG Beverages, Coca-Cola's largest bottler in India, could raise some prices. This could happen if rising packaging costs linked to the war in the Middle East are difficult to absorb. A…
Source: Reuters (via feed) An Air Canada Express plane collided with a ground vehicle at New York's La Guardia Airport. FlightRadar24 reported the collision in a post on X late on Monday. BizTrendWire Insight: FlightRadar24’s…
Source: Reuters (via feed) India's Kotak Mahindra Bank is set to acquire Deutsche Bank's India retail business. The deal is estimated to be worth about 45 billion rupees ($480.3 million). This information was reported by…
Source: Reuters (via feed) The Indian rupee fell to a record low on Monday. This decline followed rising conflict in the Middle East. The escalation generated worries over sustained disruption of energy supplies. These concerns…
Source: Reuters (via feed) The Indian rupee is expected to stay under pressure after Iran warned of strikes on energy and water infrastructure in the Gulf. The announcement has raised concerns about oil supplies in…
Source: Reuters (via feed) India has directed Tata Power's 4-gigawatt imported-coal plant in Gujarat to run at full capacity from April 1 to June 30. The government order was issued citing higher summer demand, according…
Source: Reuters (via feed) Indian shares are poised for a sharply weaker open on Monday. This follows a broad risk-off move across Asian markets. The move is linked to escalating U.S.-Iran tensions. These tensions have…
Source: Reuters (via feed) The Indian rupee and government bonds continue to face pressure as the Middle East war enters its fourth week. Elevated oil prices and concerns over energy supply remain factors. The ongoing…
Source: Reuters (via feed) Asian share markets fell on Monday. The dollar gained strength. The United States and Iran exchanged escalating threats. Israel planned for weeks of additional fighting. Oil prices moved in a volatile…
Source: Reuters (via feed) Saudi Aramco CEO Nasser will not attend the upcoming major international energy conference. He has been CEO of Saudi Aramco for more than a decade. Nasser is usually one of the…
Source: Reuters (via feed) UniCredit is considering three options to potentially sweeten its all-share takeover offer for Commerzbank. The information was reported by the Italian daily Il Messaggero on Sunday. The report did not cite…
Source: Reuters (via feed) The U.S. government has "plenty of money" to fund the war against Iran, Treasury Secretary Scott Bessent stated on Sunday. He added that the Treasury is requesting supplemental funding from Congress.…
Source: Reuters (via feed) Iran's Revolutionary Guards said on Sunday that Iran will completely close the Strait of Hormuz if U.S. President Trump executes threats against Iranian energy facilities. The statement did not provide further…
Source: Reuters (via feed) Slovenia has set limits on fuel purchases due to concerns about supply. Private vehicles are restricted to buying 50 liters per day. Farmers and other private businesses can purchase up to…
Source: Reuters (via feed) U.S. President Donald Trump and Iran threatened to escalate their war by attacking energy facilities in the Gulf. The threats involve the possibility of widening hostilities between the two sides. They…
Source: Reuters (via feed) British cabinet minister Steve Reed said on Sunday that U.S. President Trump spoke for himself. Trump threatened to "obliterate" Iran's power plants if Tehran did not fully reopen the Strait of…
Source: Reuters (via feed) Six people were killed in a helicopter crash in Qatar's territorial waters, the interior ministry said on Sunday. Search operations are continuing to find the last missing person. The ministry provided…
