Financial Intelligence
Emissions from a Chinese cobalt-processing plant in the Democratic Republic of Congo sickened hundreds of residents and workers as the company raced to increase output of a mineral critical to making electric-car batteries, according to a new environmental group report.
Anthropic's principled refusal to work with the US Defense Department has cost it a major government contract, yet industry insiders say the move has unexpectedly strengthened the company's hand in the ferocious talent competition among top AI labs.
Gold prices in India surged above ₹1,62,000 per 10 grams on March 10 as geopolitical uncertainty from the US-Israel-Iran war drives global safe-haven demand, with silver also rallying sharply.
A critical diesel shipment arrived in Bangladesh through the India-Bangladesh Friendship Pipeline from Assam's Numaligarh Refinery, fulfilling part of a 180,000-tonne annual agreement as the country battles fuel shortages worsened by the US-Israel-Iran war.
The Food and Drug Administration approved leucovorin, a drug the Trump administration has touted as a potential therapy for autism, to treat cerebral folate transport deficiency — a rare neurological disorder with some symptoms similar to autism.
The Reserve Bank of India's March 2026 holiday calendar lists 15 bank holidays across various states including Holi, Gudi Padwa, Ugadi, Ram Navami, and Good Friday — with dates varying by state. Plan your NEFT, RTGS, and branch transactions accordingly.
Financial advisers and mutual fund industry experts are urging investors not to pause or stop their SIPs amid the current market volatility, arguing that downturns are precisely when disciplined monthly investing generates the best long-term returns.
The Finance Ministry and the RBI jointly issued an advisory pushing banks to require explicit customer consent before selling insurance products and to stop bundling insurance with savings or loan products as a mandatory condition.
UPI-linked credit card transactions surged 340% year-on-year in Q3 FY2026 as banks expanded RuPay credit card offerings that can be loaded directly onto UPI apps, bringing credit card benefits to smaller merchants.
India's central government invoked the Essential Commodities Act to prioritise natural gas allocation to the domestic cooking gas (LPG) and CNG sectors amid the energy crisis triggered by the Iran oil shock.
The Reserve Bank of India intensified scrutiny of unsecured lending, reviewing whether bank risk weights applied to credit cards and personal loans remain adequate given rising delinquency indicators in the current high-interest environment.
The RBI ramped up its dual intervention in foreign exchange and government bond markets on March 10 as sustained oil prices above $100/barrel put the rupee under severe pressure and threatened to spike government borrowing costs.
Purchase of Indian health insurance policies by NRIs jumped 126% year-on-year as Gulf-based Indians seek coverage for family members back home amid rising medical costs and an uncertain global security environment.
Air India announced emergency fuel surcharges on both domestic and international routes effective March 12, as India's jet fuel prices climb 40% in two weeks on the back of the US-Iran war and rupee depreciation.
The Reserve Bank of India doubled the collateral-free loan limit for Micro, Small and Medium Enterprises from ₹10 lakh to ₹20 lakh, giving a major boost to small businesses struggling with higher input costs from the oil shock.
The Insurance Regulatory and Development Authority of India has confirmed that all insurance companies must switch to Ind AS accounting from April 1, 2026, bringing greater transparency to insurance financials.
The Reserve Bank of India conducted a ₹50,000 crore government securities purchase operation on March 10 to ease banking system liquidity, with a second tranche of ₹25,000 crore planned for March 13.
A new RBI study shows 11% of personal loan borrowers in India are taking loans to cover healthcare costs — rising to 14% in metros — highlighting dangerous gaps in health insurance coverage among middle-income households.
Average individual health insurance premiums in India rose 23% over three years as medical inflation, post-Covid claims, and rising hospital charges erode affordability for the middle class.
The Reserve Bank of India issued new norms limiting bank dividend payouts to a maximum of 75% of profit after tax, effective from FY2027, aiming to strengthen capital buffers amid the current global economic uncertainty.
Air India is implementing a phased fuel surcharge on all domestic and international flights, including Air India Express services, as aviation turbine fuel prices surge due to supply disruptions in the Gulf region.
Google's Gemini AI agents will operate on unclassified networks across the Pentagon's workforce of over 3 million people, marking a major expansion of commercial AI into US defence infrastructure.