Business

Photo credit- PTI Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor facility at Sanand in Gujarat, asserting that India is now expanding its global identity beyond software into hardware manufacturing as it seeks a larger role in the global semiconductor value chain.The US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant, the first such facility…

UAE Announces Petrol and Diesel Prices for March 2026: What Drivers in Emirates Need to Know The United Arab Emirates Fuel Price Committee has released its official fuel price updates for March 2026, giving motorists a clear picture of how much they will be paying at the pump for petrol and diesel this month. The…

UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…

Sergio Gor (File photo) India’s role in the global semiconductor supply chain is “essential” as other countries in the neighbourhood seek to dominate legacy chip production, US Ambassador to India Sergio Gor said on Saturday at the inauguration of Micron Technology’s semiconductor facility in Sanand, Gujarat.Speaking at the event where Prime Minister Narendra Modi inaugurated…

Indian exporters have flagged fresh concerns over logistics disruptions and rising costs after the US and Israel launched strikes on Iran, triggering retaliatory attacks and escalating tensions across the Middle East.Industry bodies said prolonged instability in the region could disrupt key shipping corridors, push up marine insurance premiums and increase transportation costs, affecting outbound shipments…

Global financial markets are preparing for heightened volatility after the United States and Israel carried out strikes on Iran, triggering fears of wider conflict in the Middle East and potential disruptions to global energy supplies, Reuters reported. Tehran retaliated by launching missiles towards Israel, intensifying concerns among investors and oil producers across the region.President Donald…

Greg Abel, Warren Buffett’s chosen successor at Berkshire Hathaway, has issued his first annual letter to shareholders after taking over as chief executive in January, outlining his leadership approach while reaffirming continuity at the conglomerate, AP reported.The letter comes as Berkshire recorded a $4.5 billion write-down related to the value of its investments in Kraft…

Israel-US strikes on Iran hit air travel from India: The Ministry of Civil Aviation (MoCA) has assessed aviation readiness in response to the developing situation in the Middle East and its possible implications for international flight operations. The Civil Aviation Minister conducted a detailed review of preparedness and response arrangements in coordination with all relevant…

OPEC+ could consider raising oil output more than previously planned when key producers meet on Sunday, as Gulf exporters move to cushion markets from potential supply disruptions after US-Israeli strikes on Iran, Reuters reported, citing two sources close to the talks.Eight members of the oil alliance — Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq,…

Customers planning to visit bank branches in March 2026 should check holiday schedules beforehand to avoid any inconvenience. Banks in India observe a mix of national and state-specific holidays, so closure dates may vary depending on the region. Several banks will be closed this month for festivals and state observances. In addition, branches will remain…