Reality check? US, Israel stare at a goal slipping away in Iran

India has removed guardrails for companies from neighboring countries bidding on Bharat Heavy Electricals Limited (BHEL) projects. A five-year relaxation from prior registration requirements has been granted for 21 critical items, allowing Chinese bidders to participate. This exemption covers advanced industrial materials not readily available domestically.

The DGCA has released new safety rules for aircraft carrying VVIPs. These guidelines apply to non-scheduled flights and helicopters. The move follows a recent plane crash that claimed the lives of Maharashtra Deputy Chief Minister Ajit Pawar and four others.

Banks' deposit growth is significantly trailing credit growth, with the gap widening to 300 basis points as of March 15. Deposits grew 10.8% year-on-year, while advances rose 13.8%. This has pushed the credit-deposit ratio above 83% for the first time, signaling increased liquidity risk for banks.

Xiaomi has officially teased the Redmi Note 15 SE 5G for India, launching on April 2nd. The device is expected to feature a premium red and gold design, a 6.77-inch AMOLED display with a 120Hz refresh rate and 3,200 nits peak brightness, and a Snapdragon 6 Gen 3 chipset.

The government announced significant progress in the food processing sector. Under the Production-Linked Incentive Scheme, 168 applicants have received approval, leading to an investment of over Rs 9,200 crore. This initiative has also boosted processing and preservation capacity.

Jammu and Kashmir is set to significantly boost its hydropower generation. The Union Territory plans to triple its installed capacity to approximately 11,000 MW by 2035. This ambitious goal is part of a comprehensive roadmap to harness the region's vast hydropower potential. Construction on ongoing projects is accelerating, with new projects in various stages of development.

Air India will shift all its domestic flight operations at Ahmedabad's Sardar Vallabhbhai Patel International Airport from Terminal 1 to Terminal 2 starting March 29, 2026. This move aims to enhance passenger experience, with all Air India arrivals and departures now exclusively using the upgraded Terminal 2 facilities. Passengers are advised to verify their terminal information to avoid any inconvenience.