- Atlys secures $36 million in Series C funding from Susquehanna Asia VC March 16, 2026Atlys has secured $36 million in Series C funding to expand its AI-powered visa processing platform into new international markets. The round, led by Susquehanna Asia VC, highlights a return to pre-pandemic growth trends in the global travel sector.
- IPO-bound CMPDI bets on parent Coal India to power future growth March 16, 2026Coal India has set an ambitious production target of reaching one billion tonnes and eventually 1.5 billion tonnes as demand grows along with electricity consumption.
- Generic medicine makers prepare to launch affordable options after Novo's patent for Ozempic, Wegovy expires March 16, 2026India's obesity treatment market is set to expand rapidly as local drugmakers prepare to release affordable versions of Novo Nordisk’s drug following patent expiration. The anticipated price drop could drive demand, prompting clinics and hospitals to enhance obesity services to meet the rising need.
- TikTok and Meta's algorithm race compromised safety for engagement, say whistleblowers: Report March 16, 2026Whistleblowers told BBC that Meta and TikTok and Meta prioritised user engagement over safety, allowing harmful content on their platforms. The algorithm race led to increased harassment and exploitation, putting vulnerable users like children, at risk.
- Ashar Group launches Urban Futures Lab, commits ₹25 crore to back urbantech startups March 16, 2026Ashar Group has launched Ashar Urban Futures Lab (UFL), India’s first venture studio for urbantech, proptech, and constructiontech, committing ₹25 crore to support 10–15 startups over the next 24 months.
- India inks terms of reference with Philippines, Maldives for trade pact talks March 16, 2026India has initiated negotiations for trade agreements with the Philippines and the Maldives, signing terms of reference for a preferential trade agreement (PTA) with the former and a free trade agreement (FTA) with the latter. These moves come as India reviews its existing trade pacts with ASEAN and Korea, and pursues new agreements with several other nation […]
- Support measures for exporters on anvil to deal with West Asia crisis March 16, 2026The commerce ministry is set to announce support measures for Indian exporters facing disruptions due to the West Asia crisis. These measures, potentially including insurance assistance, aim to mitigate the impact of increased freight costs and premiums. The government is actively monitoring the situation and collaborating with various departments to aid the […]
- Shipping wars stitch higher costs into India’s apparel exports March 16, 2026India's apparel exporters are facing increased costs due to the West Asian conflict, with shipping routes extended and war surcharges adding ₹12 to ₹55 per garment. This disruption, including diversions around the Cape of Good Hope, delays deliveries by 10-15 days and impacts a key market for Indian ready-made garments.
- Unemployment rate eases to 4.9% in February March 16, 2026India's unemployment rate dipped to 4.9% in February, a slight improvement from January's 5%, largely due to a significant decrease in the female jobless rate. Urban unemployment also saw a decline, while rural rates remained stable. Youth unemployment, however, experienced a marginal increase.
- India may soften new grid-supply rules for renewable power producers March 16, 2026India might soften proposed penalties for wind and solar power companies. Developers warned stricter rules could reduce revenue and slow clean energy investment. The power regulator is now re-examining these penalties. The government aims to nearly double non-fossil fuel power capacity by 2030.
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