India’s wholesale price inflation continued its upward trajectory for the fourth consecutive month in February 2026, reaching 2.13%, according to government data. The increase was primarily driven by higher prices across several sectors, including food articles, non-food commodities, basic metals, textiles, and other manufacturing segments. While vegetable prices recorded a modest month-on-month easing, broader commodity inflation contributed to the overall rise in the Wholesale Price Index (WPI).

Real estate developer Gaurs Group has reported a notable rise in sales bookings during the first nine months of the 2025–26 fiscal year, highlighting sustained demand in India’s residential property market. The Delhi-NCR–based developer recorded bookings worth Rs 5,347 crore between April and December, reflecting a 12 percent increase compared with the same period in the previous fiscal year. Residential units accounted for the overwhelming majority of transactions, underscoring the continued strength of housing demand across key urban markets.

Zydus Lifesciences has received regulatory approval in China for its innovative drug Desidustat, a treatment designed to address renal anemia in patients suffering from chronic kidney disease (CKD). The approval from China’s National Medical Products Administration (NMPA) represents a significant milestone for the Indian pharmaceutical company as it expands its presence in one of the world’s largest healthcare markets. The drug will be commercialized through an exclusive licensing agreement with a subsidiary of China Medical System Holdings Ltd.

The government has announced a Rs 100 crore Integrated Aqua Park project in Anantnag district of Jammu and Kashmir, marking a significant step toward strengthening the region’s aquaculture ecosystem. The initiative aims to expand cold-water fisheries infrastructure, enhance fish production, and create sustainable livelihood opportunities for local communities. Announced during a national conference on cold-water fisheries, the project reflects the government’s broader strategy to modernize the fisheries sector and boost rural economic growth.

India is taking a decisive step toward strengthening its domestic pharmaceutical supply chain with the foundation of a Rs 600 crore manufacturing facility in Kathua district of Jammu and Kashmir. The project, developed by Orchid Pharma with support from the Biotechnology Industry Research Assistance Council under the Department of Biotechnology, will produce Amino Cephalosporanic Acid (ACA), a vital intermediate used in cephalosporin antibiotics.

The Tamil Nadu Industrial Development Corporation (TIDCO) has announced a strategic investment of Rs 25 crore in Chennai-based aerospace startup Agnikul Cosmos under the state’s Startup Investment Policy 2025. The funding is designed to accelerate the company’s operational readiness and expand its aerospace manufacturing capabilities. The investment will support the development of Agnikul’s integrated space campus near Kulasekharapatnam and advance its ambitious small satellite launch program.

India’s largest airline, IndiGo, has temporarily suspended flights to several Middle East destinations as geopolitical tensions continue to disrupt regional aviation operations. The airline announced that services to seven cities in the region, including major hubs such as Doha, Kuwait, and Sharjah, will remain suspended until March 28. The move comes as airlines worldwide reassess routes and capacity in response to airspace restrictions, operational uncertainties, and rising fuel and insurance costs.

Indian equity markets experienced a sharp correction last week, resulting in a massive erosion of Rs 4.48 lakh crore in the combined market valuation of the country’s ten most valuable companies. The decline followed a steep fall in benchmark stock indices, as investors reacted to rising global crude oil prices and escalating geopolitical tensions in West Asia. Banking giants State Bank of India and HDFC Bank were among the hardest hit, recording significant losses in market capitalization.

The Punjab government has announced an ambitious plan to develop three large-scale exhibition centres aimed at enhancing the state’s industrial and commercial landscape. The facilities will be established in Ludhiana, New Chandigarh, and Amritsar to provide modern platforms for businesses to showcase products, attract investors, and expand market reach. The announcement was made during the Progressive Punjab Investment Summit, where industry leaders and policymakers discussed strategies to accelerate economic growth in the state.

As the Indian financial year turns a new leaf in April, automobile manufacturers are preparing to roll out a series of price hikes across their vehicle portfolios. Major players including Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra have announced increases ranging between 3 to 4 percent. The driving forces behind this move are rising input costs, adverse currency movements, and mounting operational pressures.