Daily Republic News
- Business
- March 17, 2026
UK FTA Likely Next Month, $18B Services Surplus: Piyush Goyal Signals ‘New Era’ for Indian Trade
India is aiming to sign a free trade agreement with the United Kingdom as early as next month, Commerce Minister Piyush Goyal said on Tuesday, as New Delhi seeks to diversify its export markets and leverage a growing surplus in services.Speaking in the lower house of Parliament, Read More
- Business
- March 17, 2026
MSMEs To Drive Nearly Half Of India’s E-Commerce Growth By 2030: McKinsey
India’s share of e-commerce as a percentage of overall retail could increase from around 6 per cent to up to 11 per cent by 2030, and MSMEs will likely account for around half of this growth, according to a report by global consulting firm McKinsey & Company.MSMEs form the backbo Read More
- Business
- March 17, 2026
Oil Jumps 2% as Strait of Hormuz Stays Shut; Trump’s Ally Call Rebuffed
Oil prices rose more than 2% on Tuesday, reversing some of the previous session’s losses, on worries about supply with the Strait of Hormuz mostly shut and U.S. allies rebuffing calls to send warships to help tankers move through the vital waterway.Brent futures jumped $2.74, or Read More
- Business
- March 17, 2026
IPO Momentum Slows in Early FY26 as FII Outflows Rise, Domestic Money Cushions Market
After a record-breaking run in 2025, India’s primary market is beginning to cool. IPO activity is slowing, but the reason for the shift is more structural than cyclical. The frenzy seen across 2024 and 2025, which was marked by oversubscription and strong listing gains, has given Read More
- Business
- March 17, 2026
Trump Administration Cannot Implement ‘Sweeping’ Funding Freeze, US Court Rules
A federal appeals court on Monday largely upheld a ruling that blocked a “sweeping and unprecedented” freeze on trillions of dollars in government financial assistance that President Donald Trump’s administration instituted early last year. A three-judge panel of the Boston-based Read More
- Business
- March 17, 2026
Nifty IT Slides Over 2% to 33-Month Low; FIIs Sell ₹9,365 Cr Ahead of Fed Meet
Indian equity markets were trading mixed in the morning trade on Tuesday, with sharp losses in IT stocks, which offsets gains in banking and auto names.The Nifty IT fell over 2%, hitting a 33-month low, as global cues and institutional selling weighed on the sector.IT Index at 33 Read More
- Business
- March 17, 2026
Middle East Oil Becomes Most Expensive In World As War Cuts Supply
New Delhi: Middle East crude benchmarks soared to all-time highs, becoming the most expensive oil in the world, even as trade slumps due to the U.S. and Israeli war on Iran, with some traders arguing that the benchmarks have lost relevance due to supply disruption. The surge in t Read More
- Business
- March 16, 2026
Tata Motors To Hike Commercial Vehicle Prices Upto 1.5% – Key Details
Tata Motors on Monday announced a price increase of up to 1.5 per cent across its commercial vehicle range, effective from April 1, 2026.The automaker said the decision was taken “to offset the rising costs of raw materials and other inputs.”Further, the auto major clarified that Read More
- Business
- March 16, 2026
India Seeks Hormuz Safe Passage, Tehran Asks For Return Of Seized Tankers
Iran has asked India to release three tankers seized in February as part of talks seeking the safe passage of Indian-flagged or India-bound vessels out of the Gulf via the Strait of Hormuz, three sources with knowledge of the matter told Reuters.Indian authorities seized the thre Read More
- Business
- March 16, 2026
US ‘Fine’ With Some Ships Getting Through Strait of Hormuz: US Treasury Sec Scott Bessent
The United States is “fine” with some Iranian, Indian and Chinese ships going through the Strait of Hormuz for now, Treasury Secretary Scott Bessent said on Monday, adding that any action to mitigate higher prices would depend on how long the Iran war lasts.”We are seeing more an Read More
