The Times of India - Business (54 seconds ago)
Around two-thirds of India's LPG demand is met through imports, with the Middle East accounting for roughly 85 to 90 per cent of those supplies. Oil refiners have been told to maximise LPG output by ensuring that the propane and butane available with them are fully utilised for cooking gas production, the report said.
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West Asia conflict has grounded thousands of flights across the Middle East, stranding passengers and forcing airlines to reroute or cancel services. Major carriers like Air France, British Airways, and Cathay Pacific have suspended routes. While some Gulf airlines are resuming limited operations, Indian carriers are adding flights to manage demand...
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The Strait of Hormuz, a vital shipping lane, is now a vulnerable point for undersea internet cables due to escalating West Asian tensions. Disruptions have halted crucial repair operations, impacting internet traffic and India's data center ambitions. This geopolitical flashpoint challenges previous perceptions of the route's safety.
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President Trump downplayed concerns over rising gasoline prices due to the Iran conflict, prioritizing military action. While oil markets reacted sharply, he asserted prices would drop post-conflict. White House officials are exploring measures to counter price hikes, though the President ruled out tapping the Strategic Petroleum Reserve for now.
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Stock market recommendations: Bharti Airtel, and Tata Power Company are the top stock recommendations by Bajaj Broking Research on March 6, 2026. The target prices are expected to be hit in a span of around 6 months - the brokerage shares a detailed outlook on both stocks and also on Nifty and Bank Nifty:
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Jefferies downgraded L&T's target price due to West Asia exposure, while BoFA Securities maintained a buy on AB Capital, citing strong growth in lending and housing finance. Goldman Sachs issued a sell on Sun Pharmaceuticals, highlighting innovative medicines as a key driver, and Kotak Institutional Equities kept an add rating on Bajaj Finance,...
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The rupee strengthened by 55 paise to close at Rs 91.6 per dollar on Thursday, recovering from a record low. The Reserve Bank of India intervened through state-run banks in both non-deliverable forward and spot markets to support the domestic unit. Sentiment improved marginally on reports of Iran's conditional willingness to abandon its nuclear...
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Bank of Baroda has successfully raised ten thousand crore rupees through its Series I green infrastructure bonds. This marks a significant milestone as the first bank in India to issue domestic green bonds. The seven-year bond attracted substantial investor interest, exceeding expectations. These funds will now support India's infrastructure...
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FMCG volume growth in India slowed to 2.6% in the December quarter, down from 6.2% a year prior, due to disruptions at kirana stores caused by the GST transition. While value growth also declined, analysts anticipate a consumption recovery from the March quarter as the impact of tax cuts becomes more apparent.
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Public sector banks have significantly expanded their market share in key secured lending segments like auto and home loans over the past year. This growth comes as private banks and NBFCs continue to dominate unsecured consumer credit, with PSBs increasing their presence in previously private-dominated areas.
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A stark reality for women entrepreneurs in India's startup scene: for every Rs 100 raised, only Rs 4 reaches women-led ventures. This significant funding gap, highlighted by Kalaari Capital's CXXO initiative, points to a structural market inefficiency, not a lack of female founders.
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Automobile retail sales surged to a record 19.1 lakh units in February 2026. Most vehicle segments, including two-wheelers and passenger vehicles, achieved their highest ever February sales. This strong performance signals sustained demand across the market. Dealers anticipate continued growth in March due to festivals and financial year-end...
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GAIL India faces potential supply disruptions from Petronet LNG due to QatarEnergy's force majeure, impacting nearly a fifth of global supplies. India is exploring alternative gas sources from Australia and Canada, while prioritizing critical sectors like fertilizers amidst the crisis.
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