May 14, 2026

sector

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Iranian currency Rial hits 1.58 million per US dollar: Economy in freefall after war, civilian sector collapses

contact@dailyupdatesindia.com05 mins

Iran’s currency has plunged sharply in the free market, with rates hovering around 15,69,410–15,80,000 Rial per US dollar, underlining deepening stress in an economy battered by war, sanctions and internal disruption, according to Bonbast data.Average rates stood at 156,9410 (sell) and 15,68,410 (buy), with extremes ranging between 14, 64,500 and 17,20,500 Rial, signalling heightened volatility…

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India Pharmaceutical Exports: India’s pharma exports rise 5.6% to $28.29 billion till Feb in FY26; sector seen doubling to $130 billion by 2030

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India’s pharmaceutical exports remained on a growth track in the last financial year despite global headwinds, crossing $28 billion during April–February FY26, while industry leaders said the sector is on course to nearly double in size to $130 billion by 2030.Speaking at the inaugural session of the ‘Chintan Shivir: Scaling Up Pharma Exports’ on Saturday,…

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Chinook deploys Army’s heavy-duty assault bridge along western sector | India News

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NEW DELHI: Showcasing synergy among different wings of the armed forces, the Army’s combat engineering arm in collaboration with the Air Force has deployed a pontoon assault bridge using the Chinook heavy-lift helicopter during a joint exercise along the western sector.The Army’s Western Command on X said Kharga Sappers and IAF “successfully validated rapid air…

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First signs of fallout emerge! US-Iran war hits India’s private sector growth; manufacturing activity slumps to over 4.5-year low

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Experts have cautioned that the ongoing Middle East conflict will impact India’s growth story. (AI image) In the first signs of the impact of the US-Iran war on the Indian economy, the private sector recorded its slowest expansion in more than three years in March, according to the latest HSBC PMI survey. Rising prices linked…

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Private Sector Capex Fy27: Private sector capex to shrink 17% in FY27: NSO Survey

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NEW DELHI: Indicating a slowdown in expansion plans of India Inc, the private sector capex by large firms is expected to fall nearly 17% next year, after a strong showing in 2025-26, reflecting a more cautious stance amid global uncertainty, a survey by statistics ministry released Monday showed. The second edition of the forward-looking survey…

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Core sector output slows to 2.3% in February; crude, gas and refinery drag weighs on momentum

contact@dailyupdatesindia.com03 mins

Growth in India’s eight core infrastructure industries eased to 2.3 per cent in February, down from 3.4 per cent in the same month last year, reflecting weakness in energy-linked segments even as output expanded in several manufacturing-oriented sectors.According to official data, production of crude oil, natural gas and petroleum refinery products declined during the month,…

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India Energy Data National Security: Gulf crisis: Government classifies energy data as national security matter; seeks real-time updates across oil, gas sector

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The Centre has classified key energy data as a matter of national security and directed all entities across India’s oil and gas value chain to submit detailed operational information, as the government moves to tighten oversight of supplies disrupted by the ongoing Middle East war.The oil ministry has issued the Petroleum and Natural Gas (Furnishing…

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Pakistani terrorist killed in joint Army–J&K police operation in Uri sector | India News

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NEW DELHI: A Pakistani terrorist was killed in a joint operation carried out by the Army and Jammu and Kashmir Police in the Buchhar area of the Uri sector, officials told news agency ANI on Sunday.According to the Army, the operation was launched during the intervening night of March 14–15 following specific intelligence inputs from…

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