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Category: India

Latest India business, market, economy, technology and company news from trusted global and local sources.

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UBS CEO attacks ‘fearmongering’ over bank regulations
Companies

UBS CEO attacks ‘fearmongering’ over bank regulations

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) UBS CEO Sergio Ermotti said on Thursday that much of the trust Switzerland gained from managing the Credit Suisse crisis three years ago has been jeopardised. He said this was due…

Exclusive: Airbus seeks Pratt & Whitney damages over engine delays, sources say
Companies

Exclusive: Airbus seeks Pratt & Whitney damages over engine delays, sources say

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) Airbus is pursuing potential damages from Pratt & Whitney over late engine shipments. Two people familiar with the matter said Airbus is ramping up pressure on the U.S. engine maker. The…

India in talks with Russia, Belarus, Morocco to boost fertiliser imports, sources say
Policy

India in talks with Russia, Belarus, Morocco to boost fertiliser imports, sources say

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India is in discussions with Russia, Belarus, and Morocco to raise fertiliser imports. Government and industry sources provided this information. These talks happen against a backdrop of supply risks from Middle…

Spanish prosecutor seeks more than $200 million fine on BBVA over spying allegations
Companies

Spanish prosecutor seeks more than $200 million fine on BBVA over spying allegations

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) Spain's anti-corruption prosecutor has requested a fine of 181.8 million euros ($208.16 million) against BBVA. The fine relates to the bank's alleged role in a spying scandal. This information is based…

India’s JSW unit seeks government help to secure gas supplies amid shortages
Companies

India’s JSW unit seeks government help to secure gas supplies amid shortages

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India's JSW Steel Coated Products, a unit of JSW Steel, has sought government intervention to secure supplies of liquefied natural gas and propane. The request is intended to prevent output disruptions…

Novo Nordisk patent expiry opens door to cheaper weight-loss drugs in India
Companies

Novo Nordisk patent expiry opens door to cheaper weight-loss drugs in India

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India's market for diabetes and weight-loss drugs is facing change. Danish drugmaker Novo Nordisk's patent on semaglutide expires this week. This expiry triggers a wave of cheaper generic drugs from local…

Iran crisis lifts India bottled water prices, erasing Modi tax cut gains
Policy

Iran crisis lifts India bottled water prices, erasing Modi tax cut gains

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) The Iran war has led to an 11% increase in bottled water prices in India. This rise follows a surge in prices for plastic bottles and caps. The increase has erased…

Foreign selloff in financials hammers India’s Nifty 50 to worst fortnight since COVID-19 crash
Markets

Foreign selloff in financials hammers India’s Nifty 50 to worst fortnight since COVID-19 crash

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) Foreign investors increased selling in Indian equities sharply during the first half of March. The selling was mainly focused on financial stocks. This marked the heaviest fortnightly foreign selling in 17…

Past compliance issues at India’s HDFC Bank
Companies

Past compliance issues at India’s HDFC Bank

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) The non-executive chairman of HDFC Bank resigned abruptly. He cited differences over values and ethics as the reason for his departure. HDFC Bank is India's largest private-sector lender. The resignation revived…

Swiss National Bank keeps rates at zero, eyes Middle East conflict
Policy

Swiss National Bank keeps rates at zero, eyes Middle East conflict

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) The Swiss National Bank kept its policy rate at zero on Thursday. This decision came amid a surge in the Swiss franc driven by the Iran war. At the same time,…

SNB monetary policy assessment of March 19, 2026
Policy

SNB monetary policy assessment of March 19, 2026

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) The Swiss National Bank issued a statement after its policy review on March 19, 2026. The announcement followed the bank’s meeting on that day. No additional details or information were provided…

India to offer insurance support to exporters as war risk drives premiums
Policy

India to offer insurance support to exporters as war risk drives premiums

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India's trade ministry said on Thursday the government will provide insurance support for shipments routed through conflict-hit corridors. The announcement responds to exporters' difficulties with sharply rising logistics costs. The support…

India solar to quadruple, wind to triple over a decade, power ministry adviser says
Policy

India solar to quadruple, wind to triple over a decade, power ministry adviser says

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India's solar power capacity is expected to quadruple over the next decade. Wind energy capacity could triple during the same period. These projections come from a report published on Thursday by…

UK’s IG Group mulls deals, domicile shift as part of strategic review
Companies

UK’s IG Group mulls deals, domicile shift as part of strategic review

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) British spread betting specialist IG Group has launched a strategic review. The company stated that the review may include acquisitions. It is also considering changes to its domicile and listing venues.…

India’s HDFC Bank says chairman exit may be over rift with management; stock falls
Companies

India’s HDFC Bank says chairman exit may be over rift with management; stock falls

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India's largest private lender, HDFC Bank, said on Thursday that the exit of its chairman could be due to a rift between him and the management team. The bank added there…

Swatch CEO concerned about surge in value of Swiss franc
Companies

Swatch CEO concerned about surge in value of Swiss franc

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) Swatch Group CEO Nick Hayek has expressed concern about the strength of the Swiss franc. According to Swiss broadcaster SRF, he said the franc's appreciation was putting domestic industry at risk.…

BOJ Governor Ueda’s comments at news conference
Policy

BOJ Governor Ueda’s comments at news conference

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) The Bank of Japan kept interest rates steady on Thursday. The central bank warned that rising oil costs from the Middle East conflict could fuel underlying inflation. It noted caution regarding…

EU pitched for Turkey to join its payments system, envoy says
Policy

EU pitched for Turkey to join its payments system, envoy says

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) The European Union pitched to Turkey the idea of joining its payments system. This proposal occurred last month, according to the EU envoy to Ankara. Turkey is a candidate for EU…

India’s central bank says found no material concerns at HDFC Bank after chairman exit
Policy

India’s central bank says found no material concerns at HDFC Bank after chairman exit

by info@biztrendwire.comMarch 19, 2026

Source: Reuters (via feed) India's central bank said on Thursday it found no material concerns regarding HDFC Bank's conduct or governance. The statement followed the resignation of the bank’s part-time chairman. He resigned citing differences…

India’s HDFC Bank shares slide after chairman exits over ethical differences
Companies

India’s HDFC Bank shares slide after chairman exits over ethical differences

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) HDFC Bank shares slid 8.7% in pre-open trade on Thursday. The decline followed the resignation of part-time chairman Atanu Chakraborty. Chakraborty cited differences over "values and ethics" as the reason for…

Indian shares set to open lower on oil spike, hawkish Fed; HDFC Bank in focus
Markets

Indian shares set to open lower on oil spike, hawkish Fed; HDFC Bank in focus

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) Indian shares are set to open sharply lower on Thursday. Brent crude rose above $110 a barrel. This rise followed a fresh escalation in the Iran war. The U.S. Federal Reserve…

Indian rupee under pressure in NDF after oil rally intensifies
Markets

Indian rupee under pressure in NDF after oil rally intensifies

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) The Indian rupee weakened in non-deliverable forwards after oil prices surged. The increase followed attacks on key energy infrastructure in the Gulf. The rupee’s movement was noted in offshore markets. The…

HSBC mulls job cuts that could impact around 20,000 roles, Bloomberg News reports
Companies

HSBC mulls job cuts that could impact around 20,000 roles, Bloomberg News reports

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) HSBC Holdings Plc is considering significant job cuts over the coming years. The reductions could impact around 20,000 roles. This accounts for about 10% of HSBC's total workforce. Bloomberg News reported…

Bank of England to sit tight as Middle East conflict turns up inflation heat
Policy

Bank of England to sit tight as Middle East conflict turns up inflation heat

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) The Bank of England appears set to delay an interest rate cut that was expected before the Middle East conflict. On Thursday, the bank seemed unlikely to reduce rates soon. The…

Exclusive: US weighs military reinforcements as Iran war enters possible new phase
Policy

Exclusive: US weighs military reinforcements as Iran war enters possible new phase

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) The U.S. administration under President Donald Trump is considering deploying thousands of troops to the Middle East. This is part of preparations for possible next steps in its campaign concerning Iran.…

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