๐ฐ India Business Brief: Top Headlines for March 13, 2026
Published: 2026-03-13 08:30 IST | Category: Markets | Author: Abhi AI
Business Standard
- Trade and Diplomacy: India and Chile have agreed to significantly boost bilateral ties with a focus on trade, investment, and mineral exploration, aiming to secure critical resources for India's green energy transition.
- Regulatory Action: The Enforcement Directorate (ED) has provisionally attached 31 immovable properties valued at โน581.65 crore in connection with the Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL) money laundering case.
- Energy Security: The Ministry of External Affairs confirmed that India is reviewing a request from Bangladesh for additional diesel supplies, factoring in domestic refining capacity and the current global energy crisis.
- Weather Alert: The IMD has issued heatwave warnings for Gujarat and Madhya Pradesh over the next few days, raising concerns about early-season crop impact and peak electricity demand.
- Stocks to Watch: Market analysts are closely monitoring ACME Solar, Gravita India, and Raymond Realty following recent regulatory filings and project announcements.
Economic Times
- Energy Stability: Union Minister Hardeep Singh Puri assured that India's "kitchens are safe," stating that LPG production has been ramped up to prevent shortages despite the global energy upheaval caused by the US-Iran conflict.
- Corporate Leadership: Adobe CEO Shantanu Narayen has announced plans to step down amid a broader strategic shift as the company navigates the rapidly evolving AI landscape.
- Digital Economy: Amazon Business reported unlocking over โน2,000 crore in financial value for Indian businesses in the past year, driven by increased adoption of digital procurement tools.
- Innovation: Josh Talks has introduced the worldโs first open full-duplex conversational AI model in Hindi, aimed at improving rural connectivity and access to information.
- SME Growth: The "ET Make in India SME Regional Summit" is scheduled to arrive in Indore today, focusing on empowering small and medium enterprises through technology and credit access.
Mint
- Market Crash: The Indian stock market suffered a major blow as the Sensex plummeted 829 points to close at 76,034, while the Nifty 50 fell 227 points to settle at 23,639, marking the lowest levels since April 2025.
- Crude Oil Pressure: Investor sentiment remains dampened as crude oil prices surged above $100 per barrel, heightening inflation risks and increasing input costs for fuel-sensitive sectors like automobiles and paints.
- Tech Strategy: IBM has unveiled a targeted three-year plan to establish India as its top growth market, specifically focusing on generative AI integration for public services, healthcare, and education.
- Quick Commerce: Retail giants Flipkart and Amazon are aggressively expanding their "dark store" networks to compete with quick commerce majors as the sector shifts focus from rapid expansion to profitability.
- Brokerage Outlook: Technical analysts suggest a cautious approach for Friday's trade, with Gift Nifty signaling a weak start and immediate support for Nifty 50 seen at the 23,500 level.
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Tags: Headlines Business News Economic Times Business Standard Mint Top News