BizWire

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Month: March 2026

  • Nepal swears in Balendra Shah as new prime minister

    In a dramatic political shift, Balendra Shah Nepal has taken office as the Nepal new prime minister, marking a historic moment in the country’s evolving democratic landscape. The 35-year-old, widely known as Balen, rose to power following a landslide electoral victory, driven largely by youth support and widespread dissatisfaction with traditional political elites. His journey…

  • Jaishankar attends G7 meeting in France as West Asia crisis dominates talks

    India’s External Affairs Minister S. Jaishankar has arrived in France to participate in the Jaishankar G7 meeting, where the escalating West Asia crisis is set to dominate discussions. The high-level gathering of foreign ministers is expected to focus on de-escalation strategies and ensuring that the Strait of Hormuz remains open for global shipping, a critical…

  • Graphite supply chain strengthens as NMG progresses Phase-2 projects

    Nouveau Monde Graphite Inc. has reported its 2025 financial results while making significant progress on the NMG Matawinie Mine, positioning the project closer to construction and final investment decision. The company’s latest update highlights strong momentum across its integrated graphite supply chain, with developments spanning mining, processing, and battery material production. The company indicated in…

  • Cincoze DX 1300 unveiled as compact edge computing platform for industrial AI

    Cincoze has launched the Cincoze DX 1300, a high-performance industrial computer compact system designed to deliver advanced processing capabilities in space-constrained environments. The new device strengthens the company’s Rugged Computing DIAMOND product line, offering a powerful edge computing platform tailored for modern industrial and AI-driven applications. Built with the latest Intel Corporation Core Ultra 200S…

  • India fuel reserves secure for 60 days, government reassures amid global uncertainty

    Amid rising geopolitical tensions and concerns over supply disruptions, the government has assured that India fuel reserves are sufficient for nearly 60 days, reinforcing confidence in the country’s energy supply security. Officials emphasized that there is no immediate risk of shortages, even as global markets react to instability in key oil-producing regions. The Ministry of…

  • Fuel price hike: Nayara Energy raises petrol diesel prices amid global crude surge

    India is witnessing a sharp fuel price hike as Nayara Energy has increased petrol diesel prices by up to ₹5 per litre, marking the first significant revision after a prolonged freeze on retail fuel rates. The move reflects mounting pressure from surging global crude prices, which have been driven higher by escalating geopolitical tensions in…

  • Air India U-turn: Delhi London flight returns after mid-air technical glitch

    In a significant aviation safety incident, a London-bound Delhi London flight operated by Air India was forced to return to New Delhi after flying for nearly seven hours due to a reported flight technical glitch. The aircraft, identified as Air India AI111, had departed from New Delhi and was en route to Heathrow Airport when…

  • US Israel Iran war intensifies on day 27 with rising Middle East conflict

    The US Israel Iran war has entered its 27th day with escalating military strikes, rising civilian casualties, and no clear path toward de-escalation. The Middle East conflict continues to deepen as both sides ramp up operations, while conflicting narratives around potential negotiations add to global uncertainty. Reports from Tehran indicate that strikes by United States…

  • Iran grants India access to Strait of Hormuz as global oil prices surge

    Amid escalating geopolitical tensions in West Asia, Iran has announced that the Strait of Hormuz will remain accessible to a select group of nations, including India, offering temporary relief to India oil security concerns. The move comes as global oil prices spike following Iran’s partial restriction of the Hormuz trade route, a critical shipping corridor…

  • India gets safe passage assurance in Strait of Hormuz crisis

    Amid intensifying geopolitical strain across the Middle East, Iran has indicated that the Strait of Hormuz remains partially operational, with India among five countries receiving assurance of continued maritime access. The development holds major implications for India oil security, as the Hormuz trade route is a critical artery for global energy flows and trade stability….