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Relaxed FDI rules: No gains for BYD as EVs kept out
Financial Express Bengaluru
|March 12, 2026
CHINESE ELECTRIC VEHICLE maker BYD will have to wait longer to push ahead with its manufacturing plans in India despite the government's decision to ease some restrictions on investments from countries sharing a land border with India.
The latest relaxation of the rules under Press Note 3 does not extend to electric vehicle (EV) manufacturing, meaning proposals from Chinese EV makers will continue to require full government scrutiny.
Dit verhaal komt uit de March 12, 2026-editie van Financial Express Bengaluru.
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Financial Express Bengaluru
Investors lose ’5.14L cr as markets decline nearly 2%
AFTER A RELIEF rally on Tuesday on hopes that the West Asia crisis may end soon, benchmark indices went deeper into the red again on Wednesday as energy prices continued to rise globally.
2 mins
March 12, 2026
Financial Express Bengaluru
Paints may become dearer in April
AS THE WAR ENTERS DAY 12, BUSINESSES & CONSUMERS HAVE BEGUN TO FEEL THE HEAT, ALTHOUGH IN VARYING DEGREE
2 mins
March 12, 2026
Financial Express Bengaluru
New branch of Punjab & Sind Bank in Odisha
PUNJAB & SIND Bank has opened a new branch at Balangir, Odisha, expanding its footprint in the state.
1 min
March 12, 2026
Financial Express Bengaluru
Easing of PN-3 may help about 600 FDI applicants
RELAXING APPROVAL PROCEDURES governing investment from countries sharing land borders with India will help speed up the clearance of proposals from among the 600 applications that were awaiting approvals, officials said on Wednesday.
1 min
March 12, 2026
Financial Express Bengaluru
4% inflation target to stay
THE CENTRE HAS decided to keep the inflation target unchanged at 4%, with a tolerance band of two percentage points on either side, for the Monetary Policy Committee of the Reserve Bank of India (RBI) for the next five years.
1 min
March 12, 2026
Financial Express Bengaluru
Mis-selling, valuation key threats for AIFs: Pandey
WHILE ALTERNATIVE INVESTMENT fund (AIF) investments have seen massive growth over half a decade, the industry still faces three major challenges such as mis-selling, opaque valuation, and capital availability for sunrise sectors, the Indian markets regulator said.
1 mins
March 12, 2026
Financial Express Bengaluru
RBI to inject ’50,000 crore via open mkt operation on Mar 13
THE RESERVE BANK of India (RBI) on Wednesday said it will inject ₹50,000 crore into the banking system through Open Market Operation (OMO) purchases of government securities on March 13.
1 min
March 12, 2026
Financial Express Bengaluru
A first: SC allows passive euthanasia for man in coma for over 13 years
THE SUPREME COURT (SC) on Wednesday allowed the withdrawal of artificial life support to a 32-year-old man, in a coma for more than 13 years, saying that the govern “Secondly, it has been conclusively determined that the continued administration of the same is no longer in the ‘best interests’ of the applicant.
2 mins
March 12, 2026
Financial Express Bengaluru
Deliver the homes first
SUPREME COURT HAS BRIDGED A GAP WHERE IBC FELL SHORT; LEGISLATURE MUST CLOSE IT IN LAW
4 mins
March 12, 2026
Financial Express Bengaluru
SC: Perturbed by NCERT stand that chapter is 'duly rewritten'
THE SUPREME COURT on Wednesday said it is perturbed by the NCERT's stand that the controversial chapter in class 8 social science book, which contained “offending” contents on corruption in the judiciary, has been “duly rewritten”.
1 min
March 12, 2026
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