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Honda Cars India posts 30% drop in February sales at 7,212 units

India, March 2 -- Honda Cars India Ltd (HCIL) on Sunday reported a 30.11 per cent year-on-year decline in total sales for February 2026, with volumes falling to 7,212 units. The company had recorded ... Read More


Rupee slips 21 paise to 91.29 against US dollar in early trade

India, March 2 -- The rupee weakened by 21 paise to 91.29 against the US dollar in early trade on Monday, pressured by elevated crude oil prices, a stronger greenback and heightened global volatility ... Read More


RBI imposes Rs 11.50 lakh penalty on Mahindra & Mahindra Financial Services

India, March 2 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 11.50 lakh on Mahindra & Mahindra Financial Services Limited for non-compliance with certain regulatory direction... Read More


Japan and India renew Bilateral Swap Arrangement

India, March 2 -- Japan and India have renewed their Bilateral Swap Arrangement (BSA), effective February 28, 2026. The Bank of Japan, acting on behalf of Japan's Minister of Finance, and the Reserve... Read More


Avio Smart Market Stack inks pact with Huwel for TB diagnostics push

India, March 2 -- Avio Smart Market Stack Limited (ASMS), formerly known as Bartronics India Limited, has entered into a Share Subscription-cum-Shareholders' Agreement with Hyderabad-based Huwel Lifes... Read More


SpiceJet confident of Rs 449 cr refund upon completion of legal proceedings

India, March 2 -- SpiceJet on Sunday said it has taken note of the Supreme Court's order declining to interfere with the earlier directive requiring the airline to deposit Rs 144 crore as security, pe... Read More


Tata Technologies partners WITTENSTEIN High Integrity Systems to strengthen Software-Defined Vehicle capabilities

India, March 2 -- Tata Technologies Ltd on Monday announced a strategic collaboration with WITTENSTEIN High Integrity Systems (WHIS), a global specialist in safety-critical embedded software, to accel... Read More


CSIR-NIScPR hosts workshop on strengthening India's semiconductor ecosystem

India, March 2 -- CSIR–National Institute of Science Communication and Policy Research (CSIR-NIScPR) organised a day-long workshop titled "Strengthening India's Semiconductor Ecosystem: Policies... Read More


CBIC introduces deferred customs duty payment facility for eligible manufacturer importers

India, March 2 -- The Central Board of Indirect Taxes and Customs (CBIC) has rolled out a deferred Customs duty payment facility for a new category of importers termed Eligible Manufacturer Importers ... Read More


Ashok Leyland reports 24% rise in February sales at 22,157 units

India, March 2 -- Commercial vehicle manufacturer Ashok Leyland on Monday posted a 24 per cent year-on-year increase in total sales at 22,157 units in February 2026, compared to 17,903 units in the co... Read More