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Category: Policy

India policy news covering government decisions, RBI actions, regulations and economic reforms.

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US wants to ‘divide Europe’, EU’s Kallas tells FT
Policy

US wants to ‘divide Europe’, EU’s Kallas tells FT

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) European Union foreign policy chief Kaja Kallas said the United States wants to "divide Europe." She also said the US does not "like the European Union." Kallas made these remarks in…

Exclusive: With Iran war exit elusive, Trump aides vie to affect outcome
Policy

Exclusive: With Iran war exit elusive, Trump aides vie to affect outcome

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) A complex tug-of-war inside the White House is driving U.S. President Donald Trump's shifting public statements on the Iran war. Aides are debating when and how to declare victory. The conflict…

US issues new Russia-related general license for oil, Treasury website
Policy

US issues new Russia-related general license for oil, Treasury website

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) The U.S. issued a new Russia-related general license on Thursday. The license allows the sale of Russian crude oil and petroleum products. These products must be loaded on vessels through April…

Chinese banks boost loans to tech sector as Beijing ramps up AI push
Policy

Chinese banks boost loans to tech sector as Beijing ramps up AI push

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Chinese banks plan to increase lending to firms focused on technology and innovation. Bankers said lenders will steer more money toward these companies. This comes as Beijing pledges to adopt artificial…

Rights groups urge FIFA to ensure inclusive World Cup
Policy

Rights groups urge FIFA to ensure inclusive World Cup

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Rights groups have urged FIFA to ensure the 2026 World Cup maintains commitments to inclusivity and safety. They warned that U.S. immigration policies could affect the tournament. The groups also cited…

Netanyahu threatens Iran’s new supreme leader, defends joint assault with US
Policy

Netanyahu threatens Iran’s new supreme leader, defends joint assault with US

by info@biztrendwire.comMarch 13, 2026

Source: Reuters (via feed) Israeli Prime Minister Benjamin Netanyahu on Thursday issued a veiled threat toward Iran's new supreme leader. He spoke during his first press conference since the start of the war. Netanyahu also…

Active shooter at Michigan synagogue, authorities say
Policy

Active shooter at Michigan synagogue, authorities say

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) The Michigan State Police said on Thursday that they are aware of an active shooting incident. The location is the Temple Israel Synagogue in West Bloomfield, Michigan. No further information has…

Hungary returns seized Ukrainian bank vehicles, withholds cash and gold
Policy

Hungary returns seized Ukrainian bank vehicles, withholds cash and gold

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Hungary returned two armoured bank vehicles seized from Ukraine on Thursday. The Hungarian authorities withheld cash and gold worth approximately $82 million. They cited an investigation into alleged money laundering as…

Induction stoves fly off shelves in India as gas shortage fears spark panic buying
Policy

Induction stoves fly off shelves in India as gas shortage fears spark panic buying

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Indian households are rushing to buy electric induction stoves. Stocks are being drained both online and in stores. This buying surge is linked to fears of a potential cooking gas shortage.…

India’s non-Hormuz crude sourcing has increased to 70% of imports, oil minister says
Policy

India’s non-Hormuz crude sourcing has increased to 70% of imports, oil minister says

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India's sourcing of non-Hormuz crude has increased to 70% of its total crude imports, Oil Minister Hardeep Singh Puri said in parliament on Thursday. He added that India's current crude supply…

VIEW India’s February retail inflation quickens to 3.21% y/y
Policy

VIEW India’s February retail inflation quickens to 3.21% y/y

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India’s retail inflation rose 3.21% year-over-year in February, government data showed on Thursday. This figure increased from a revised 2.74% recorded in January. BizTrendWire Insight: The government released updated retail inflation…

Poland says foiled cyberattack on nuclear centre may have come from Iran
Policy

Poland says foiled cyberattack on nuclear centre may have come from Iran

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Poland said on Thursday it foiled a cyberattack on its nuclear research centre. The government is examining signs that Iran may be behind the attack. Officials cautioned that the indicators might…

India’s February retail inflation quickens to 3.21% y/y
Policy

India’s February retail inflation quickens to 3.21% y/y

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India’s retail inflation rose to 3.21% year-over-year in February. This follows a revised rate of 2.74% in January, according to government data released on Thursday. The data provides the latest official…

India examining Bangladesh request for diesel supply
Policy

India examining Bangladesh request for diesel supply

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India has received a request from Bangladesh for diesel supplies. This information was provided by Randhir Jaiswal, a spokesperson for India’s foreign ministry. The statement was made on Thursday. No additional…

Explainer: How persistently high oil prices could impact India’s vulnerable economy
Policy

Explainer: How persistently high oil prices could impact India’s vulnerable economy

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India's external balance and government finances could be hit if oil prices stay high for an extended period, economists have said. Rising oil import costs and subsidies needed to keep key…

Iran to allow India-flagged tankers pass through Strait of Hormuz, Indian source says
Policy

Iran to allow India-flagged tankers pass through Strait of Hormuz, Indian source says

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Iran will allow India-flagged tankers to pass through the Strait of Hormuz, according to an Indian source on Thursday. The Strait of Hormuz is a vital artery for global oil trade.…

US to release 172 million barrels of oil from strategic petroleum reserve
Policy

US to release 172 million barrels of oil from strategic petroleum reserve

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) The U.S. will release 172 million barrels of oil from its strategic petroleum reserve. The announcement was made by U.S. Energy Secretary Chris Wright on Wednesday. The release is stated to…

US opens new unfair-trade probes to rebuild Trump’s tariff pressure
Policy

US opens new unfair-trade probes to rebuild Trump’s tariff pressure

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) The U.S. government has launched a trade investigation into excess industrial capacity in 16 major trading partners. This action was taken after the U.S. Supreme Court struck down a central part…

Exclusive: US intelligence says Iran government is not at risk of collapse, say sources
Policy

Exclusive: US intelligence says Iran government is not at risk of collapse, say sources

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) U.S. intelligence indicates that Iran's leadership is largely intact. This information comes after nearly two weeks of U.S. and Israeli bombardment. Three sources familiar with the matter provided this assessment. The…

Trump administration estimates Iran war cost at over $11 billion in six days, source says
Policy

Trump administration estimates Iran war cost at over $11 billion in six days, source says

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) Officials from President Donald Trump's administration estimated during a congressional briefing this week that the first six days of the war on Iran cost the United States at least $11.3 billion.…

Pentagon headhunting Goldman, JPMorgan bankers for ‘Economic Defense Unit’, Semafor reports
Policy

Pentagon headhunting Goldman, JPMorgan bankers for ‘Economic Defense Unit’, Semafor reports

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) The Pentagon is building a team of investment bankers steeped in private equity to invest $200 billion over three years in defense deals. This development was reported by Semafor on Wednesday,…

India warns drugmakers against direct or surrogate weight-loss drug and obesity ads
Policy

India warns drugmakers against direct or surrogate weight-loss drug and obesity ads

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) India's drug regulator has issued a warning to pharmaceutical companies regarding the advertising of weight-loss medicines. The warning includes both direct advertisements and surrogate promotions. Surrogate promotions involve obesity awareness campaigns…

ECB’s Schnabel warns of scars from post-pandemic inflation spike
Policy

ECB’s Schnabel warns of scars from post-pandemic inflation spike

by info@biztrendwire.comMarch 12, 2026

Source: Reuters (via feed) ECB policymaker Isabel Schnabel said on Wednesday that the post-pandemic spike in inflation has left scars on companies and consumers. She stated that these groups now know that prices can rise…

Iran has laid about a dozen mines in Strait of Hormuz, sources say
Policy

Iran has laid about a dozen mines in Strait of Hormuz, sources say

by info@biztrendwire.comMarch 11, 2026

Source: Reuters (via feed) Iran has deployed about a dozen mines in the Strait of Hormuz, two sources familiar with the matter said. The Strait of Hormuz is a narrow waterway used for shipping oil…

Exclusive: Russia prepares 10% cut to ‘non-sensitive’ spending in 2026, sources say
Policy

Exclusive: Russia prepares 10% cut to ‘non-sensitive’ spending in 2026, sources say

by info@biztrendwire.comMarch 11, 2026

Source: Reuters (via feed) The Russian government is preparing a possible 10% cut to all "non-sensitive" spending in the 2026 budget, sources told Reuters. The final decision on this cut will depend on the sustainability…

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