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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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India’s Axis Bank to infuse $162 million in consumer lending arm
Companies

India’s Axis Bank to infuse $162 million in consumer lending arm

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) India's Axis Bank said its board approved a plan to infuse 15 billion rupees ($162.28 million) into its consumer lending arm, Axis Finance. The decision was announced in a statement alongside…

A mystery AI model has developers buzzing: Is this DeepSeek’s latest blockbuster?
Technology

A mystery AI model has developers buzzing: Is this DeepSeek’s latest blockbuster?

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) A powerful artificial intelligence model appeared anonymously on a developer platform last week. It has sparked speculation that Chinese startup DeepSeek may be testing its next-generation AI system. The company has…

India shares set to open higher as markets extend cautious recovery
Markets

India shares set to open higher as markets extend cautious recovery

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) India's stock benchmarks are set to open slightly higher on Wednesday. The rise follows a cautious recovery after last week's Iran war-driven slump. Markets across Asia showed gains. Oil prices paused…

Rupee counts on RBI backstop before Fed decision; oil looms large over outlook
Markets

Rupee counts on RBI backstop before Fed decision; oil looms large over outlook

by info@biztrendwire.comMarch 18, 2026

Source: Reuters (via feed) The Indian rupee is expected to hover in a narrow range near 92.50 per dollar. This is supported by central bank intervention at this level. Market participants await the Federal Reserve's…

Exclusive: Nvidia preparing Groq chips that can be sold in Chinese market, sources say
Technology

Exclusive: Nvidia preparing Groq chips that can be sold in Chinese market, sources say

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Nvidia is preparing a version of its Groq artificial-intelligence chips that can be sold in the Chinese market. Two sources familiar with the matter told Reuters this on Tuesday. The information…

Jio may file IPO prospectus as early as March, Bloomberg News reports
Companies

Jio may file IPO prospectus as early as March, Bloomberg News reports

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Reliance Industries plans to file a draft red herring prospectus for the initial public offering of its telecom unit, Jio Platforms. The filing could happen as early as the end of…

Iran war is not delaying US weapons shipments to Taiwan, officials say
Policy

Iran war is not delaying US weapons shipments to Taiwan, officials say

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) U.S. officials from President Donald Trump's administration said the war on Iran has not delayed shipments of weapons to Taiwan. They told members of Congress on Tuesday that the air campaign…

US House panel subpoenas Attorney General Bondi in Epstein probe
Policy

US House panel subpoenas Attorney General Bondi in Epstein probe

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) A U.S. congressional committee issued a subpoena to Attorney General Pam Bondi on Tuesday. The subpoena requires Bondi to testify behind closed doors. This action is part of the committee’s probe…

US expands Golden Dome cost estimate to $185 billion, enlists top defense firms
Companies

US expands Golden Dome cost estimate to $185 billion, enlists top defense firms

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) The cost estimate for the Golden Dome missile defense shield has risen by $10 billion, reaching $185 billion. This increase is intended to accelerate key space-based capabilities. The program director announced…

UBS comfortable with exposure to private credit funds, CFO says
Companies

UBS comfortable with exposure to private credit funds, CFO says

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) UBS Chief Financial Officer Todd Tuckner said on Tuesday he was comfortable with the Swiss bank’s degree of exposure to private credit funds. His remarks came amid market jitters about potential…

Exclusive: US encourages Syrian action against Hezbollah, Damascus is hesitant, sources say
Policy

Exclusive: US encourages Syrian action against Hezbollah, Damascus is hesitant, sources say

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) The United States has encouraged Syria to send forces into eastern Lebanon. The aim is to help disarm Hezbollah. Five people briefed on the matter gave this information. Damascus is reluctant…

NATO countries don’t want to get involved in Iran operation, Trump says
Policy

NATO countries don’t want to get involved in Iran operation, Trump says

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) President Donald Trump said on Tuesday that most NATO allies informed the U.S. they do not want to get involved in its military operation in Iran. The statement was made during…

Debt investors offloading exposure to software companies is latest sign of pain
Companies

Debt investors offloading exposure to software companies is latest sign of pain

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Investors are offloading software loans in debt vehicles at a discount. This activity is noted as a sign of pain in the software industry. The industry is being upended by artificial…

Intercontinental Exchange launches private credit platform to address transparency concerns
Companies

Intercontinental Exchange launches private credit platform to address transparency concerns

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Intercontinental Exchange, the parent company of the New York Stock Exchange, said on Tuesday it has launched a product to bring greater transparency to the private credit market. The announcement came…

India parliament panel calls for tighter protection for gig workers
Policy

India parliament panel calls for tighter protection for gig workers

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) An Indian parliamentary panel has recommended the mandatory registration of gig workers on a national labour database. The panel also called for clearer legal obligations for digital platforms to contribute to…

Exclusive: Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say
Companies

Exclusive: Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Macquarie has withdrawn from bidding for a stake in Kuwait's oil pipeline network worth up to $7 billion, according to two sources familiar with the matter. The decision makes Macquarie one…

Commerzbank CEO calls UniCredit offer a very low price
Companies

Commerzbank CEO calls UniCredit offer a very low price

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Commerzbank CEO Bettina Orlopp said on Tuesday that the offer by Italy's UniCredit to buy its shares was at a very low price. She noted this in connection with the German…

Poland will not send its troops to Iran, PM Tusk says
Policy

Poland will not send its troops to Iran, PM Tusk says

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Poland will not send its troops to Iran, Prime Minister Donald Tusk said on Tuesday. He stated the conflict does not directly affect Poland’s security. Tusk added that the United States…

White House says US seeking fertilizer from Venezuela, Morocco
Policy

White House says US seeking fertilizer from Venezuela, Morocco

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) The White House is seeking fertilizer from Venezuela and possibly Morocco. This information was provided by Kevin Hassett, a White House economic adviser. He made the statement on Tuesday. Hassett mentioned…

UK banking stability watchdog proposes liquidity reform for banks
Policy

UK banking stability watchdog proposes liquidity reform for banks

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Britain's financial stability watchdog has published proposals for liquidity reforms in the banking sector. The reforms aim to ensure banks can monetise liquid assets quickly during fast-paced stress events. The proposals…

Iran war may push 45 million people into acute hunger by June, WFP says
Policy

Iran war may push 45 million people into acute hunger by June, WFP says

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) The World Food Programme reported that tens of millions more people could face acute hunger if the conflict in Iran continues through June. This analysis was released on Tuesday. It links…

Private credit noise to continue, Deutsche Bank CEO predicts
Companies

Private credit noise to continue, Deutsche Bank CEO predicts

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Private credit fears will persist, Deutsche Bank CEO Christian Sewing said on Tuesday. He added these concerns do not amount to a systemic risk. Sewing made the remarks during comments on…

Bank of Montreal to open over 130 new California locations
Companies

Bank of Montreal to open over 130 new California locations

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) Bank of Montreal announced plans to open over 130 financial centers in California. The bank also intends to open about 15 locations in Arizona over the next five years. The announcement…

A Rumble Down Under
Markets

A Rumble Down Under

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) What matters in U.S. and global markets today BizTrendWire Insight: The image relates to market themes in the U.S. and global economies for March 17, 2026. Read full story on Reuters

Exclusive: India probes fragrance giants Givaudan, Firmenich, IFF over deals not to poach workers
Companies

Exclusive: India probes fragrance giants Givaudan, Firmenich, IFF over deals not to poach workers

by info@biztrendwire.comMarch 17, 2026

Source: Reuters (via feed) India's antitrust watchdog is investigating global fragrance makers Givaudan, Firmenich, and International Flavors & Fragrances. The probe concerns allegations of anti-poaching deals involving these companies. Regulatory documents reveal the investigation is…

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