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The Hindu BusinessLine — Economy/Markets

The Hindu BusinessLine — Economy/Markets

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India macro/RBI/FX

PM Modi Flags Off Six New Trains in Tamil Nadu and Kerala
News•Mar 11, 2026

PM Modi Flags Off Six New Trains in Tamil Nadu and Kerala

Prime Minister Narendra Modi virtually flagged off six new train services linking key cities in Tamil Nadu and Kerala. Four of the trains will run weekly, while the others operate daily or five days a week, with routes spanning from Nagercoil to Charlapalli and Tirunelveli to Mangaluru. The Railway Ministry issued detailed notifications on schedules, stoppages, and publicity requirements. These services aim to enhance regional mobility and provide affordable travel for students, traders, and pilgrims.

By The Hindu BusinessLine — Economy/Markets
Defence Forces Vission 2047 Launched for Transforming Tri-Services
News•Mar 10, 2026

Defence Forces Vission 2047 Launched for Transforming Tri-Services

India’s Defence Ministry unveiled the "Defence Forces Vision 2047," a comprehensive roadmap to transform the Army, Navy and Air Force into an integrated, multi‑domain force by the country’s centenary. The document, crafted by the Integrated Defence Staff over two years, stresses...

By The Hindu BusinessLine — Economy/Markets
India to Give Tariff Concession for DDGS Imports From US, but with a Cap
News•Mar 10, 2026

India to Give Tariff Concession for DDGS Imports From US, but with a Cap

India announced a tariff concession for U.S. dried distillers grains with solubles (DDGS) used in animal feed, but only within a capped quota similar to existing tariff‑rate quotas for commodities like corn. Union Minister Rajiv Ranjan Singh emphasized that the...

By The Hindu BusinessLine — Economy/Markets
West Asia Conflict Disrupts Gas Supply to Maharashtra Industry; MNGL Invokes Force Majeure
News•Mar 10, 2026

West Asia Conflict Disrupts Gas Supply to Maharashtra Industry; MNGL Invokes Force Majeure

Escalating conflict in West Asia has halted LNG vessels through the Strait of Hormuz, prompting Maharashtra Natural Gas Ltd. (MNGL) to invoke a force majeure clause. The disruption is forcing industrial consumers in Maharashtra to curb gas draw‑downs and seek...

By The Hindu BusinessLine — Economy/Markets
Kirloskar Oil Engines Unveils Succession Plan; Rahul Kirloskar to Chair Board
News•Mar 10, 2026

Kirloskar Oil Engines Unveils Succession Plan; Rahul Kirloskar to Chair Board

Kirloskar Oil Engines Ltd announced a planned leadership transition, naming Rahul Kirloskar as Chairperson of the Board effective April 1, 2026. Managing Director Gauri Kirloskar will also take on the Vice‑Chairperson role. The change follows the retirement of Atul Kirloskar, who steps down after more...

By The Hindu BusinessLine — Economy/Markets
Euler Motors Signals Hero MotoCorp Stake Raise as EV Maker Scales Capacity and Portfolio
News•Mar 10, 2026

Euler Motors Signals Hero MotoCorp Stake Raise as EV Maker Scales Capacity and Portfolio

Hero MotoCorp will invest an additional ₹275 crore in Euler Motors, raising its stake from 34.1% to roughly 36% on a fully diluted basis. Euler has unveiled a ₹300‑400 crore capital‑expenditure plan for the next 18‑24 months to add new production lines,...

By The Hindu BusinessLine — Economy/Markets
SRM Institute of Science and Tech Licenses Its Cell Encapsulation Technology to Anabond
News•Mar 10, 2026

SRM Institute of Science and Tech Licenses Its Cell Encapsulation Technology to Anabond

SRM Institute of Science and Technology has licensed its five‑year‑developed cell‑encapsulant technology to industrial adhesive maker Anabond Ltd. The agreement provides SRMIST with an upfront ₹1 crore and royalties for seven years, while the encapsulant promises up to a 50 percent increase...

By The Hindu BusinessLine — Economy/Markets
Borosil to Set up New Glassware Manufacturing Facility in Gujarat, Expand Furnace Capacity in Jaipur
News•Mar 10, 2026

Borosil to Set up New Glassware Manufacturing Facility in Gujarat, Expand Furnace Capacity in Jaipur

Borosil Ltd's board approved a ₹42 crore glassware plant in Bharuch, Gujarat, slated for commercial production by December 2026. The new facility will mass‑produce storage jars, bottles and jugs, shifting supply from its sister firm. Simultaneously, Borosil will invest ₹50 crore to expand...

By The Hindu BusinessLine — Economy/Markets
The €140 Billion Circular Handshake
News•Mar 10, 2026

The €140 Billion Circular Handshake

The EU‑India Free Trade Agreement, covering €136 billion in trade and promising €4 billion in annual tariff savings, pivots from volume‑driven commerce to a circular framework. It grants India preferential access for textiles, footwear and other labour‑intensive goods while opening EU markets...

By The Hindu BusinessLine — Economy/Markets
Govt Says Air India Plane Crash Probe Report Will Be Out ‘Very Soon’
News•Mar 9, 2026

Govt Says Air India Plane Crash Probe Report Will Be Out ‘Very Soon’

India's Civil Aviation Minister K. Rammohan Naidu told the Rajya Sabha that the Aircraft Accident Investigation Bureau's probe into the June 12, 2025 Air India Boeing 787‑8 crash, which killed 260 people, is progressing rapidly. He pledged that the final report will be...

By The Hindu BusinessLine — Economy/Markets
West Asia Conflict: Nasscom Urges Member Firms to Step up Vigilence, Cyber Resilience
News•Mar 9, 2026

West Asia Conflict: Nasscom Urges Member Firms to Step up Vigilence, Cyber Resilience

NASSCOM has issued a fresh advisory urging Indian technology firms to heighten vigilance and cyber‑resilience as the West Asia conflict escalates following US and Israeli strikes on Iran. The body recommends activating business‑continuity plans, enabling remote work for staff in...

By The Hindu BusinessLine — Economy/Markets
Alligator Automations Opens New Office in PCMC Industrial Belt
News•Mar 9, 2026

Alligator Automations Opens New Office in PCMC Industrial Belt

Alligator Automations has opened a new 4,000 sq ft office on the fourth floor of Teerth Business Center in Bhosari MIDC, Pune’s PCMC industrial belt. The facility consolidates the firm’s sales, marketing, controls, mechanical engineering and accounts teams under one roof. Designed to...

By The Hindu BusinessLine — Economy/Markets
Why the Concern over Capital Flows
News•Feb 27, 2026

Why the Concern over Capital Flows

The Reserve Bank of India introduced tighter rules on external commercial borrowings to curb volatility in the capital account, even as the current account remains stable. While gross foreign direct investment (FDI) has averaged $78 billion annually, equity repatriation has surged,...

By The Hindu BusinessLine — Economy/Markets