Amazon Great Summer Sale 2026: Deep Discounts Push 4K Smart TV Sales

Amazon’s Great Summer Sale 2026 in the country has rolled out major discounts on smart TVs across categories, with several 4K and QLED models from leading brands now available below the Rs 30,000 mark. The annual sale event, which began this week, is offering steep price cuts on televisions and home entertainment devices, along with additional bank offers, exchange bonuses and no-cost EMI options.

Brands including Xiaomi, TCL, Hisense, Acer and Vu are among those offering aggressive discounts during the ongoing sale as competition intensifies in India’s fast-growing smart TV market.

Industry experts say the Indian television market is witnessing a rapid shift toward affordable premium technology, with features such as QLED displays, Dolby Vision, Google TV integration and high-refresh-rate gaming support increasingly moving into the budget segment.

The trend has been closely tracked by India International Times in its coverage of India’s expanding consumer electronics and digital technology sector.

Among the notable deals currently available are:

  • Xiaomi X Pro Series 4K Ultra HD Google TV — available for around Rs 26,700
  • TCL P71B Pro QLED 4K Google TV — priced near Rs 25,400
  • TCL HDR Pro QLED 4K Smart TV — selling at roughly Rs 25,500
  • Acer Ultra I Series 4K Smart Google TV — available close to Rs 23,000
  • Acer Ultra V Series 4K QLED Google TV — discounted to nearly Rs 21,500
  • Hisense 43E75Q QLED 4K Smart TV — listed around Rs 25,000
  • Vu Premium Series 4K Ultra HD Smart Google TV — available for about Rs 26,500
  • TCL V6B 4K Ultra HD LED Google TV — priced near Rs 21,000
  • TCL P6K 4K Ultra HD Smart TV — available around Rs 27,000
  • Hisense 4K Smart LED TV — selling below Rs 25,000

Several brands are also offering additional discounts through select bank cards and EMI transactions, further reducing effective purchase prices for buyers.

The aggressive pricing strategy reflects the growing demand for connected televisions in India as streaming platforms, gaming and smart home integration continue to drive consumer upgrades.

Recent developments in India’s consumer technology ecosystem, including the expansion of affordable smart devices and AI-powered entertainment platforms, have also been covered extensively by India International Times as brands compete for a larger share of the country’s rapidly expanding electronics market.

Market analysts believe the ongoing price competition could accelerate adoption of larger-screen 4K televisions among middle-income households, particularly ahead of the festive shopping season later this year.

The sale also includes offers on streaming devices, projectors, sound systems and premium QLED television models across multiple screen sizes.

Cabinet Clears Emergency Credit Line Guarantee Scheme 5.0, Earmarks Rs 5,000 Crore Support For Airlines Amid West Asia Crisis

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to provide targeted financial assistance to Indian airlines grappling with mounting operational and liquidity pressures arising from the ongoing West Asia crisis.

The move comes amid a steep rise in Aviation Turbine Fuel (ATF) prices, airspace restrictions and reduced international flight operations, factors that have adversely impacted aircraft utilisation and strained airline finances.

Under the scheme, the government has earmarked ₹5,000 crore specifically for the aviation sector. The initiative will provide 100 per cent credit guarantee coverage for MSMEs and 90 per cent coverage for non-MSMEs and airlines through the National Credit Guarantee Trustee Company Limited to Member Lending Institutions against defaults on additional credit facilities extended to eligible borrowers.

The scheme allows airlines to avail loans of up to ₹1,000 crore per borrower, with an additional ₹500 crore permitted subject to matching equity infusion by the borrower. The loans will carry a repayment tenure of up to seven years, including a two-year moratorium, aimed at easing immediate liquidity stress.

The government said the latest version of ECLGS is intended to strengthen financial resilience among MSMEs and airlines during a challenging global environment. It also allows conversion of up to 50 per cent of interest liabilities into a Funded Interest Term Loan (FITL), a measure expected to improve cash flow management and reduce short-term repayment burdens.

Civil Aviation Minister Ram Mohan Naidu said India’s aviation sector had remained resilient despite global disruptions due to timely government intervention.

“Under the decisive leadership of Hon’ble Prime Minister Narendra Modi Ji, India’s aviation growth story today stands out globally as a success story built on the foundation of reforms, resilience and resurgence,” he said.

He added that Indian airlines had benefited from measures such as capping ATF prices during global fuel spikes and reductions in airport landing and parking charges.

“By approving the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, airlines will be enabled to navigate short-term liquidity challenges and maintain seamless operations amid global disruptions. It will provide strong financial backing to safeguard jobs, sustain connectivity and ensure resilience across the aviation ecosystem, while also supporting MSMEs,” the minister said.

The scheme will provide additional credit support of up to 20 per cent of peak working capital utilised during the fourth quarter of FY26, capped at ₹100 crore for eligible sectors. For airlines, the support can extend up to 100 per cent, subject to a ceiling of ₹1,500 crore per borrower and fulfilment of prescribed conditions.

According to the government, the guarantee coverage will remain valid for the entire tenure of the loan. The scheme will apply to all loans sanctioned from the date of issuance of guidelines by the NCGTC until March 31, 2027.

The Centre said the initiative is expected to cushion airlines against the impact of rising fuel prices, currency volatility and operational disruptions while improving lender confidence and ensuring steady credit flow to the aviation sector. The measure is also aimed at protecting jobs, preserving sectoral capacity and preventing higher operational costs from being passed on to passengers.

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Inter-Ministerial Briefing on Recent Developments in West Asia; Update on Domestic LPG Supply, Fuel, Exports

Government Holds Inter-Ministerial Briefing On West Asia Developments

PM Shares Article Showcasing Benefits Of India–New Zealand FTA

The Prime Minister, Shri Narendra Modi, has shared an article written by Union Minister, Shri Piyush Goyal.

The article elaborates that the India–New Zealand Free Trade Agreement removes tariffs on Indian exports, boosting labour-intensive sectors and strengthening MSMEs, while ensuring that sectors such as agriculture and dairy remain fully protected. It further highlights that the agreement expands opportunities for students and skilled professionals, along with support for agricultural productivity and investment commitments.

The Prime Minister’s Office posted on X;

“Union Minister Shri @PiyushGoyal elaborates how the India-New Zealand FTA removes tariffs on Indian exports, boosting labour-intensive sectors and strengthening MSMEs, while ensuring that sectors like agriculture and dairy remain fully protected.

The FTA also expands opportunities for students and skilled professionals, alongside support for agricultural productivity and investment commitments.”

 

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Income Tax Department’s outreach programme highlights key features of new Income Tax Act, 2025

The Commissioner of Income Tax (Exemptions), Delhi, organised an outreach programme in New Delhi today to promote financial literacy and create awareness about the newly-introduced Income Tax Act, 2025, with particular focus on provisions relating to educational institutions and charitable trusts.

The programme witnessed participation from representatives of more than 80 schools from across the Delhi–NCR region, along with trustees and functionaries associated with educational institutions.

The event was graced by Ms. Pallavi Agarwal, Principal Chief Commissioner of Income Tax (Exemptions). Addressing the gathering, she highlighted the key features of the Income Tax Act, 2025 and emphasised that the new legislation seeks to simplify procedures, reduce ambiguities and promote transparency through streamlined and technology-driven processes aligned with the Government’s vision of “Viksit Bharat 2047”.

As part of the outreach programme, to encourage engagement among students, an inter-school quiz competition titled “Tax Your Brain – Income Tax Quiz” was organised for students of Classes IX to XII.

Students from participating schools took part in the quiz with enthusiasm across multiple rounds. The winning teams were felicitated and presented with awards and Certificates of Merit. All participants were appreciated for their enthusiasm and knowledge.

The initiative reflects the Income Tax Department’s continued commitment to proactive stakeholder engagement, dissemination of tax reforms and the promotion of an efficient, transparent and taxpayer-friendly tax administration epitomizing the principle of Saral Kanun Shashakt Bharat.

 

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Delhi CGST Cracks Down On ₹8 Crore ITC Fraud, Company Director Arrested

The Anti-Evasion Branch of the Central Goods and Services Tax (CGST), Delhi South Commissionerate, has arrested a company director for allegedly fraudulently availing and utilising Input Tax Credit (ITC) exceeding ₹8 crore, in violation of provisions under the CGST Act, 2017.

The action forms part of an ongoing enforcement drive targeting ITC fraud. Officials said the company, engaged in trading assorted goods, claimed ineligible tax credit without any corresponding supply of goods or services, breaching Section 16 of the Act.

Investigations, supported by data analytics, revealed that the firm had availed ITC from suppliers whose registrations were either suspended, cancelled suo motu, or terminated upon application. A detailed backward supply chain analysis found no evidence of actual inward supplies across multiple levels—L1, L2 and L3—effectively breaking the credit chain and rendering the claims inadmissible.

Authorities further alleged that the company passed on this ineligible ITC to its buyers despite the absence of genuine transactions.

The director’s statement was recorded under Section 70 of the CGST Act on April 16, 2026, during which he admitted to overseeing and executing the firm’s transactions. However, he failed to provide documentary proof to support the legitimacy of the claimed supplies.

Officials stated that the offences fall under cognisable and non-bailable provisions of Section 132 of the CGST Act. The accused was subsequently arrested under Section 69(1) and produced before the Patiala House Court, which remanded him to judicial custody until April 30, 2026.

Further investigation into the case is ongoing, officials said.

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Bank of Baroda Launches ‘bob SAMVAD’, an AI Platform To Transform Branch Interactions

Bank of Baroda unveiled bob SAMVAD, an AI-powered multilingual conversational platform, in Mumbai on March 28, 2026. The platform, launched by Shri M. Nagaraju of the Department of Financial Services, aims to remove language barriers between customers and bank staff across branches. It will first roll out in 250 branches across five states, with plans for nationwide expansion to improve accessibility and service delivery.

 

Almost every Indian village now has a banking outlet within 5 km radius. What changed?

RBI Proposes New Rules on Unauthorised Electronic Banking Transactions

A surge in digital payments has brought convenience to millions of Indian users. It has also increased the risk of fraud.

 

Lead levels only in food? Tests now find it in Children’s fast fashion clothing above Federal limits

A brightly colored shirt, soft to the touch and designed for everyday wear, may carry more than dye.

Preliminary tests conducted by researchers at Marian University, a private university in Indianapolis, found elevated levels of lead in children’s fast fashion clothing, exceeding federal safety limits.

The findings were presented March 23 at the American Chemical Society Spring 2026 meeting in Atlanta, a major scientific conference featuring thousands of research presentations.

Researchers tested 11 children’s shirts from four retailers, including fast fashion and discount brands, and found that all samples exceeded the U.S. regulatory limit for lead in children’s products.

Lead levels in children clothing exceed U.S. safety limits

The U.S. Consumer Product Safety Commission, the federal agency responsible for product safety standards, sets a lead limit of 100 parts per million for children’s items such as toys and clothing.

Each of the tested shirts surpassed that threshold, according to the researchers.

Cristina Avello, a student researcher involved in the project, said the findings are particularly concerning for younger children.

“Not only are children the most vulnerable to the effects of lead, but they’re also the population that is going to be putting their clothes in their mouths,” she said. [1]

Lead exposure is considered harmful at any level. Health agencies, including the U.S. Environmental Protection Agency, have linked it to neurological damage, behavioral problems, and developmental issues, especially in children under six years old.

The study found that brightly colored garments, particularly red and yellow fabrics, tended to contain higher levels of lead than more muted tones.

Researchers said this may be tied to the chemicals used in dyeing processes.

Some manufacturers use lead(II) acetate, a compound that helps dyes adhere to fabric and maintain bright colors over time.

(https://commons.wikimedia.org/wiki/Vano3333)

Simulated ingestion tests show potential exposure risk for children

In a second phase of testing, researchers simulated stomach digestion to estimate how much lead could become bioaccessible if fabric is chewed or sucked.

The analysis modeled how gastric acid might break down the material and release lead into the body.

The results suggest that even brief mouthing behavior could expose children to lead levels exceeding daily intake limits set by the U.S. Food and Drug Administration.

Researchers described the estimates as conservative, meaning actual exposure could vary depending on behavior and frequency.

They said repeated chewing over time could raise blood lead levels to a point where clinical monitoring is recommended.

Kamila Deavers, the project’s principal investigator, said the research grew out of personal experience after her child showed elevated blood lead levels linked to toy coatings before stricter regulations were in place.

“I started to see many articles about lead in clothing from fast fashion, and I realized not too many parents knew about the issue,” she said.

commons.wikimedia.org

Fast fashion textile safety concerns and next research steps

Previous studies have identified lead in metal components of clothing, such as zippers and buttons, leading to recalls.

The new research expands that concern to the fabric itself, suggesting contamination may be more widespread than previously understood.

The team plans to test additional clothing items and examine whether washing affects the presence of lead compounds.

Researchers are also exploring whether contaminated clothing could transfer lead to other garments during laundering or leave residues inside washing machines. [

They said alternative dye fixing methods already exist, including plant based compounds and mineral mordants such as alum, which are considered safer.

Adopting those alternatives would likely increase production costs, which could slow industry adoption without regulatory or consumer pressure.

The researchers said their goal is to raise awareness and encourage more rigorous screening of clothing products.

“Everything that we’re doing is only important and helpful if we talk about it,” Avello said.

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Centre to Launch 7th Tranche of Critical Mineral Auctions on March 23

Union Minister of Coal & Mines, G. Kishan Reddy, alongside Minister of State for Coal & Mines, Satish Chandra Dubey, will launch the 7th Tranche of Auction of Critical and Strategic Mineral Blocks on March 23, 2026.

The initiative underscores the growing strategic importance of critical minerals, which are vital to the country’s economic development and mineral security. With the global shift toward clean energy and advanced technologies, demand for minerals such as lithium, graphite, rare earth elements (REE), tungsten, vanadium, and titanium has surged. Given their limited availability and concentrated geographical distribution, securing a resilient supply chain has become a national priority.

In a landmark move to address these challenges, the Government of India amended the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) on August 17, 2023, notifying 24 minerals as critical and strategic. The amendment empowers the Central Government to conduct auctions for Mining Leases and Composite Licences for these resources, with all revenue generated accruing to the respective State Governments.

To date, the Ministry of Mines has successfully concluded six tranches of auctions, resulting in 46 critical and strategic mineral blocks being auctioned—a testament to robust industry participation and growing investor confidence in India’s mineral sector.

The upcoming seventh tranche will offer 19 blocks across multiple states under both Mining Lease and Composite Licence categories. The blocks feature a diverse range of minerals essential for clean energy, advanced technologies, fertilizers, and strategic industries.

The auction framework has been progressively strengthened to enhance transparency, efficiency, and speedy operationalisation of mineral blocks. Recent regulatory reforms, including the Mineral (Auction) Second Amendment Rules, 2025, have streamlined post-auction processes such as the submission of performance security, upfront payments, and issuance of Letters of Intent. Further, the Mineral (Auction) Amendment Rules, 2026 have introduced the provision of Insurance Surety Bonds as an alternative to bank guarantees, offering greater flexibility to bidders.

The auction will be conducted online through a transparent two-stage ascending forward auction process, with the successful bidder selected on the basis of the highest percentage of the value of mineral dispatched quoted.

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India’s Silver Economy Emerges as ₹73,000 Crore Opportunity as Senior Citizens Double by 2050

India’s “silver economy”, the ecosystem of goods and services catering to the elderly, is rapidly transitioning from a niche social welfare concern into a formidable economic driver, currently valued at approximately ₹73,000 crore ($8.8 billion) and poised for explosive growth in the coming decades.

With the country’s senior population projected to surge from 153 million in 2020 to 347 million by 2050—more than doubling in three decades—the sector is expected to expand at an annual rate of 20 percent, potentially reaching $50 billion by 2030, according to government and industry data .

This demographic shift, which will see the elderly share of India’s population climb from 11 percent to 21 percent by mid-century, is reshaping everything from housing and healthcare to financial services and technology adoption. The old-age dependency ratio is forecast to move from 16 percent in 2020 to 34 percent by 2050, fundamentally altering family structures and caregiving dynamics across the nation .

Senior Living Market Gains Momentum

The most visible manifestation of this transition is the booming senior living housing market, which is expanding at a compound annual growth rate of 17.4 percent. Industry research indicates the sector was valued at $3.55 billion in 2025 and is projected to reach $14.14 billion by 2031, registering a remarkable CAGR of 25.92 percent during the forecast period .

Major players including Ashiana Housing, Antara Senior Care, and Columbia Pacific Communities are aggressively developing age-friendly “lifestyle” projects, expanding beyond traditional southern strongholds into northern and western metropolitan regions. This geographic diversification is being encouraged by state-level incentives that reduce transaction costs for older buyers.

Independent living currently dominates the market with a 64.50 percent share, where residents purchase or rent units resembling standard apartments but benefit from emergency call systems, housekeeping, and recreational programs. Assisted living, though smaller, carries a 27.35 percent CAGR, with developers now creating “continuum-of-care” campuses where independent, assisted, and memory-care wings sit side by side—allowing residents to shift care levels without leaving familiar surroundings .

However, adoption faces cultural headwinds. The Longitudinal Ageing Study of India reports that 26.7 percent of urban elders now live alone, yet the Maintenance and Welfare of Parents and Senior Citizens Act 2007 reinforces expectations of at-home care. Current penetration of senior living communities stands at merely 1 percent, compared to 11 percent in the United Kingdom, suggesting vast headroom for growth despite lingering stigma .

Healthcare Transformation and Government Initiatives

The healthcare dimension of the silver economy is equally transformative. With over 75 percent of Indian seniors living with chronic diseases, demand for home-based medical services, telemedicine, wearable health trackers, and remote monitoring is rising sharply. The Ayush sector—Ayurveda and Yoga—is seeing increased demand for preventive care among health-conscious older adults .

The Union government has responded with significant policy interventions. The Ministry of Social Justice and Empowerment has launched the SAGE Portal, supporting startups developing elderly-care products with equity funding up to ₹1 crore, and the SACRED Portal, a digital platform helping citizens over 60 find re-employment opportunities .

Most significantly, the Union Cabinet recently approved expanding Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) to provide free health coverage of ₹5 lakh per year for all senior citizens aged 70 and above, regardless of income. This groundbreaking move aims to benefit approximately 4.5 crore families containing six crore senior citizens .

“The eligible senior citizens will be issued a new distinct card under AB PM-JAY,” the Ministry of Health and Family Welfare announced. Senior citizens aged 70 and above belonging to families already covered under the scheme will receive an additional top-up cover of up to ₹5 lakh per year exclusively for themselves, which they need not share with other family members below 70 .

President Droupadi Murmu, addressing a joint sitting of Parliament in January, highlighted that during the past year-and-a-half, Vay Vandana cards have been issued to approximately one crore senior citizens, with nearly eight lakh receiving free treatment as hospital in-patients .

Budget 2026: Building Care Infrastructure

The Union Budget 2026-27 has doubled down on elderly care infrastructure, announcing that approximately one lakh allied health professionals will be added across ten disciplines—including optometry, radiology, anaesthesia, and applied psychology—over the next five years. The Union Health Ministry has been allocated ₹1,000 crore for the Scheme for Allied Health Care Professionals for the first time .

Additionally, a focused programme will train 1.5 lakh geriatric caregivers, addressing the rapidly rising long-term care needs of India’s elderly population. Finance Minister Nirmala Sitharaman stated that programmes aligned with the National Skills Qualifications Framework (NSQF) will be developed to train multi-skilled caregivers combining core care skills with wellness, yoga, and operation of medical devices .

“A strong care ecosystem, covering geriatric and allied care services will be built,” Sitharaman said while presenting the Budget. “In the coming year, 1.5 lakh caregivers will be trained” .

This workforce expansion addresses critical shortages. According to the Ministry of Health & Family Welfare’s National Health Workforce Accounts, India currently has about 12–13 lakh allied health professionals, while workforce assessments suggest the country requires at least 25–30 lakh to meet current and projected demand—implying a shortfall of over 10 lakh workers .

Financial Framework and Challenges

On the financial front, the Senior Citizens’ Savings Scheme remains a primary tool for steady returns, while Atal Pension Yojana enrolments have reached over 8.27 crore by late 2025. Budget 2026 discussions have proposed increasing the standard deduction to ₹90,000 from ₹75,000 to ease the tax burden on retirees, alongside a ₹10,000 crore Biopharma Shakti initiative to boost domestic medicine manufacturing, aiming for long-term affordability of chronic disease drugs .

Yet significant challenges persist. India produces fewer than 80 geriatricians annually, creating a critical workforce gap. Limited digital literacy hinders many seniors from accessing online health and financial services, while accessible public transport and “barrier-free” urban design remain underdeveloped outside major urban centers .

Writing in The Times of India, public health professional Pratima Kishore and geriatrician Dr. Abhishek Shukla noted: “District hospitals should have dedicated geriatric outpatient services. Primary health centres must be equipped to manage chronic disease follow-ups and frailty screening. Referral systems should be streamlined so that older adults are not left navigating fragmented services” .

They emphasized that “a significant proportion of elderly health needs do not require hospitalisation. They require assistance with mobility, medication management, nutrition, physiotherapy and basic daily activities. Without formal systems, this responsibility continues to fall on families, particularly women, who shoulder a disproportionate burden of unpaid caregiving” .

Market Outlook

Industry analysts project that meeting anticipated demand will require roughly 2.4 million new units designed for older residents by 2030 . Competition is shifting from small local operators to integrated real-estate and healthcare alliances that bundle preventive care, telemedicine, and social engagement services.

Technology adoption, particularly wearables that transmit blood pressure and glucose readings, is improving risk management and reducing liability insurance premiums for operators. Partnerships with tertiary hospitals provide visiting specialists, while tele-diagnostics reduce response time during medical events .

The Elderline national toll-free helpline (14567) continues to provide information, guidance, and emotional support to seniors across the country, complementing the growing ecosystem of formal elderly care services .

As India ages while still strengthening its public health and social protection systems—unlike many high-income countries that aged after becoming wealthy—the window for strategic intervention remains open. How the nation responds to its demographic transition will shape not only health outcomes but economic stability, gender equity, and family resilience in the decades ahead.

The Oil Shock Lesson: Why Energy Diversification Is Back On The Global Agenda

Energy crises have repeatedly reshaped the global economy, and the latest geopolitical tensions in the Gulf have revived concerns about the fragility of oil supply chains.

Nearly one-fifth of the world’s oil consumption passes through the Strait of Hormuz, a narrow maritime corridor connecting the Persian Gulf with international markets.

Any disruption to shipping through this route can have immediate consequences for energy prices and economic stability.

The International Energy Agency has long warned that global oil markets remain vulnerable to geopolitical shocks. Even brief disruptions in supply can trigger price volatility, inflation and financial uncertainty.

Countries heavily dependent on imported energy are particularly exposed.

China, the world’s largest crude oil importer, relies on overseas supplies for a large share of its consumption. India faces an even greater challenge, importing close to 90 percent of its oil needs.

Both countries have responded by diversifying supply sources and building strategic petroleum reserves.

In the United States, the shale revolution has significantly reduced reliance on foreign oil. Domestic production has surged over the past decade, transforming the country into one of the world’s largest energy producers.

Europe Pursuing Different Strategy

Following the disruption of Russian gas supplies after the invasion of Ukraine, European governments accelerated investments in renewable energy and alternative fuel sources.

European Commission President Ursula von der Leyen has repeatedly argued that the transition toward renewables is also a matter of geopolitical security.

The broader lesson, analysts say, is that energy diversification remains essential.

Fatih Birol, Executive Director of the International Energy Agency, has described energy security as “one of the central challenges of modern economies.”

Countries are now exploring multiple strategies, from expanding renewable energy capacity and nuclear power to investing in electric vehicles and hydrogen technology.

While oil will remain a crucial energy source for decades, the repeated shocks of the past half century have reinforced a consistent message: dependence on a single region or fuel source carries profound economic risks.

3 Emerging scenarios as Oil and Gas shock hits Bangalore

Bengaluru’s housing market is closely tied to the fortunes of the technology industry. Nearly 60–70 percent of homebuyers in many new projects come from IT or tech-linked sectors, according to industry estimates. With the oil shock shaking the metropolitan cities in India, here are three scenarios emerging in 2026:

IT Sector Hiring Slowdown

Over the past year, however, global technology firms have slowed hiring as they restructure around artificial intelligence and automation. Several outsourcing companies have also signalled a cautious outlook on recruitment.

Real-estate consultants say the biggest risk to the city’s property market is not geopolitical events but employment sentiment.

“When tech hiring slows, housing demand reacts within six to twelve months,” said Anuj Puri, chairman of property consultancy ANAROCK. “Bengaluru’s residential market is deeply linked to white-collar employment growth.”

If hiring weakens significantly, especially in IT corridors such as Whitefield, Sarjapur Road and Outer Ring Road, demand for both rentals and home purchases could soften.

Rising Home Loan Interest Rates

Housing affordability is another key variable. Many Bengaluru buyers rely heavily on large home loans to finance property purchases.

If global oil prices remain high due to Middle East tensions, inflation could rise. Higher inflation often pushes central banks to keep interest rates elevated.

For homebuyers, even a small increase in borrowing costs can significantly affect monthly payments. On a ₹1-crore loan, a one-percentage-point increase in interest rates can raise EMIs by several thousand rupees per month.

Property analysts say that while demand in Bengaluru’s premium segment remains strong, mid-income buyers are far more sensitive to financing costs.

If interest rates stay high for an extended period, developers could see slower sales in the ₹60 lakh to ₹1.5 crore housing category, which forms a large part of the city’s market.

Rapid Supply Of New Housing

Another factor being closely monitored is the rapid expansion of housing supply.

Developers have launched a large number of new residential projects across Bengaluru in the past two years, particularly in expanding suburbs such as North Bengaluru, Sarjapur Road, Devanahalli and Yelahanka.

This surge in supply was driven by strong demand after the pandemic, when many professionals sought larger homes and better living spaces.

However, if new launches continue rising faster than actual sales, the market could gradually shift toward a buyer-friendly environment. In such a scenario, prices may stabilise or grow more slowly.

Real-estate consultant Knight Frank has noted that Bengaluru already ranks among the top cities globally for housing price growth, which means sustained increases may become harder to maintain without strong demand.

For now, Bengaluru remains one of India’s strongest housing markets due to tech employment, migration and infrastructure expansion.

But analysts say three trends will determine the direction of prices in the coming year:

• the strength of the IT job market
• interest rate movements
• the balance between housing supply and demand

If all three weaken at the same time, the city could see its first meaningful property slowdown in several years, even if prices do not fall.

Middle East and Global Energy Markets; Why is Strait of Hormuz so important?

The IEA is reacting to the effects of the conflict in the Middle East on the energy market. The Strait of Hormuz holds significant effects on the world economy and the energy security and affordability through the disruption of oil and gas flows through the Strait of Hormuz, and energy infrastructure in the region.

The conflict in the area which started on 28 February has disrupted the streams of energy trade across the Strait causing the biggest supply shock in the history of the global oil market. The situation has also decreased the supply of liquefied natural gas (LNG) in the world by approximately 20%.

On 11 March, the IEA Member countries had unanimously agreed to conduct the largest ever emergency release of their oil stocks as a measure to contain the market shocks.

Current market backdrop

The prices of oil and natural gas have upsurged owing to the war. By 11 March, Brent crude futures have increased more than 25 per cent since the hostilities began on 28 February, and Dutch TTF, the European natural gas market, has increased by nearly 60 per cent. Oil products markets have also been especially hit such as the diesel and the jet fuel markets. The effects are being experienced worldwide.

Flows of crude and oil products via the Strait of Hormuz have fallen to a mere trickle of approximately 20 million barrels per day (mb/d) prior to the war and currently. Traffic paralyzed, little ability to circumvent the waterway of the crucible, and storage is filling, the Gulf Countries have reduced the overall production of oil by no less than 10 mb/d, as we have reported in our latest Oil Market Report, released on 12 March. Unless shipping traffic is quickly restored, loss of supply will continue to expand.

The gulf region is one of the major exporters of the refined oil products to world markets, especially to the middle distillates, used as diesel and jet fuel. In 2025, the gulf producers sold 3.3 mb/d of refined oil products and 1.5 mb/d of liquefied petroleum gas (LPG). Already more than 3 mb/d of refining capacity in the region has been shut down as a result of attacks and non-existent viable outlets to export.

The middle distillates markets globally have not been very tight in comparison with other products. Consequently, the refineries outside the area seem to have limited scope to pump more diesel and jet fuel to offset such losses in case of losses in supply on a lasting basis.

Global Markets(Wikipedia)

The oil consuming nations have large reserves of oil to overcome short time losses in supply. The international recorded stocks of crude and products are at present estimated to dominate above 8.2 billion barrels, the maximum amount since February 2021. Approximately 50 of these are in the advanced economies with 1.25 billion barrels of these in government emergency stock with an additional 600million barrels of industry stocks obligated by the government. These stocks are the foundation of the emergency collective action which IEA has declared on 11 March to provide more oil supply into the market.

The war has also greatly affected the LNG production in the Gulf region. The global natural gas markets were slowly rebalancing after a massive shock occurred after the invasion of Russia in Ukraine in February 2022. It is projected that a new wave of LNG capacity will be introduced between now and the end of this decade and this will change the dynamics of the markets. But the tightness in gas markets in the first two months of 2026, and empty storage at the end of the heating season in the Northern Hemisphere is poised to drive up the demand on LNG in much of the next few months.

A prolonged outage of production in the Ras Laffan plant in Qatar may further create a serious issue in this market tightness. On 2 March, an attack on the facilities brought about production shutdown. Ras Laffan delivered 112 billion cubic metres (bcm) of LNG, also 300 000 barrels per day of liquefied petroleum gas (LPG), and 180 000 barrels per day of condensate, making it by far the largest LNG plant in the world.

What is so special about the Strait of Hormuz?

Strait of Hormuz is a slender sea passage, which is located between the Arabian Peninsula and Iran, and, which links the Persian Gulf to the Gulf of Oman and the Arabian Sea. It is an important trade route and is the main outlet of oil and natural gas that are manufactured in Saudi Arabia, UAE, Kuwait, Qatar, Iraq, Bahrain and Iran.

It was estimated that in 2025 around 25% of the world seaborne oil trade passed through the Strait, and there are few alternatives to oil flows avoiding the Strait of Hormuz. Crude pipelines only exist in Saudi Arabia and the UAE, which would potentially allow the rerouting to avoid the Strait with a capacity of 3.5 mb/d to 5.5 mb/d. Countries such as Iran, Iraq, Kuwait, Qatar and Bahrain are also dependent on the Strait to export the large percentage of their oil products.

In 2025, approximately 80 percent of the oil and oil products passing through the Strait was bound to Asia.

Besides that, more than 110 bcm of LNG went through the Strait of Hormuz in 2025. Approximately 93 percent of Qatar and 96 percent of the UAE LNG exports went across the Strait, which constitutes nearly a fifth of the entire LNG trade in the world. It does not have any other option of distributing these volumes to the market.

The majority of the LNG in the UAE and Qatar is shipped to Asia. In 2025, approximately 90 percent of the total amounts that get exported through the Strait of Hormuz was allocated to the Asian market. Just over 10% went to Europe.

Trump Revokes Oil Sanctions on Russia for 30 days; Moscow to Mint $5 Billion by Month-End

Thursday night the Trump administration issued a temporary general license authorizing the delivery, sale and offloading of Russian crude and petroleum products loaded onto vessels on or before March 12, 2026, to stabilize global energy markets following the soaring of crude oil prices by the 13 years war between the U.S. and Israel, who war with Iran.

The license, called General License 134, takes effect through the middle of the Washington time on April 11, giving a 30-day period to such transactions, even involving authorized entities or vessels.

Treasury Secretary Scott Bessent announced the move on X, saying: “US is granting a provisional sanction to allow nations to buy Russian oil already at sea.”

Bessent further highlighted that the action will be a short-term, narrowly focused action that is only applicable in the oil already under transit but it would not give great financial relief to the Russian government, which gets most of its energy revenue as taxes levied at the point of extraction.

The move comes after the recent spike in oil prices due to the strikes by the U.S and Israel on Iran that started February 28, 2026, including the assassination of Supreme Leader Ali Khamenei and strikes on Iranian nuclear, missile, and military facilities.

Congestion of the Strait of Hormuz and less output of the Middle East have propelled prices upwards, with the Brent crude futures already trading past $100 a barrel on Thursday, although prices have soared to a high of 110-119 a barrel in recent trading.

Goldman Sachs predicts that in March Brent will exceed the $100-mark because of the volatility, which also marks the middle of a loss of supply that will result in a potential addition of supply to oil-starved markets.

Experts predict that the waiver will release up to 100-128 million barrels of Russian oil that is currently at sea and will likely add to affected markets. The presidential envoy of Russia Kirill Dmitriev advocated the move stating that the move concerns approximately 100 million barrels of it and it shows the involvement of Russian energy in global stability.

The license is a follow-up on a waiver of a prior March waiver specifically to India which is criticized. It has now allowed sales across the globe and this has given Russia a financial boost. The move has led to a rise in oil income in Moscow where certain reports reveal that there has been an increment of about $150 million per day more oil sales due to the rise in prices.

In February, Russia earned about $9.5 billion from oil and product exports, or roughly $339 million per day (based on 28 days). January revenues were $11.1 billion. Annual projections under normal conditions (pre-escalation) ranged from $113-129 billion for 2026, depending on sanctions enforcement.

India’s shift to Russian oil

Earlier March projections had India’s Russian crude imports dropping sharply to low levels (~129,000 bpd or less in some forecasts) due to intensified U.S. sanctions pressure and tariffs. However, with Middle Eastern supplies choked by the Iran conflict and Hormuz effectively closed, India has dramatically ramped up purchases. Indian refiners snapped up around 30 million barrels of Russian crude in recent days following a temporary U.S. waiver allowing deals on in-transit (already-loaded) sanctioned cargoes. March volumes are now tracking toward 1.5-1.6 million bpd so far, with projections for the full month potentially reaching 40 million barrels (pre-sanctions levels), as buyers like India and China seek alternatives to offset the ~10-20 million bpd global shortfall.

With U.S. temporary sanctions relief by Washington for 30 days Russia is likely to reap an estimated up to $150 million per day in extra budget revenues from surging oil prices and renewed demand, which means a ~14% jump over February averages, driven by higher export taxes. Cumulative early gains from oil export duties alone are pegged at $1.3-1.9 billion since the conflict escalated, with potential for $3.3-4.9 billion more by month-end if trends hold.

Mineral extraction tax surge

Russia’s key oil production levy (mineral extraction tax) is projected to nearly double in March to around 590 billion rubles (~$7.43 billion), thanks to the global price rally pushing taxable Urals prices well above the budget’s $59/bbl assumption (recently hitting $70-90+ levels in various reports, sometimes at premiums in India).

With Urals now trading much closer to (or occasionally above) Brent amid the crisis, and exports potentially stabilizing or rising on Asian demand, Russia’s full-year oil revenues could significantly exceed pre-conflict forecasts. Sustained high prices and volumes might push totals toward the higher end of prior estimates ($200-250 billion or more), offering major fiscal breathing room despite sanctions. 

These developments highlight Russia’s unexpected position as a prime beneficiary of the energy crunch, flipping prior sanction dynamics in its favor, at least short-term.

Democrats Oppose Trump’s Move

The step has received criticism by congressional democrats and European leaders. The decision was condemned by senate democrats like Elizabeth Warren, Jeanne Shaheen, Chuck Schumer and others as giving Putin a huge financial hit during his war in Ukraine and the Iran conflict was deemed reckless and ill-conceived, and is claimed to have strengthened the argument that the administration is enriching Russia at the cost of Middle East shocks.

German Chancellor Friedrich Merz reacted to the decision saying it was wrong and the Iran fighting was inadvisable and windfall profits were enriching Russia. The administration has positioned the step as a logistical one, ensuring the stranded cargoes do not disrupt shipping instead of the relief of broad sanctions, but critics say that this is a way of undercutting long-term effort to stop Russian revenue.

 

IEA Release of Emergency Reserves to Ease Oil Flow in 120 Days, Impact Seen in India Already

The International Energy Agency’s 32 member countries have unanimously agreed to release 400 million barrels of oil from emergency reserves, the largest such action in the agency’s history, following the US-Israel war on Iran that resulted in the latter choking Strait of Hormuz shipment flows to less than 10% of pre-conflict levels.

Under the IEA measure, the US alone will contribute 172 million barrels from its Strategic Petroleum Reserve, but the full release will take at least 120 days to complete.

The escalating war involving Iran, the US, and Israel has triggered the biggest oil supply shock. Tanker traffic through the vital Strait of Hormuz has plummeted from ~20 million barrels per day to almost nothing, as ships avoid the danger zone.

Gulf producers like Saudi Arabia, Iraq, UAE, Kuwait, and Qatar have slashed output by at least 10 million barrels daily because storage is full and exports can’t leave.

The IEA warns global supply could drop ~8 million bpd this month, with some refineries shut and refined fuels stalled too.
Demand is dipping too
Meanwhile, fewer flights and LPG issues could cut it by ~1 million bpd. To ease the crisis, the IEA coordinated a record release of 400 million barrels from emergency stocks. Global inventories are still high, offering a short-term buffer, but without quick resumption of Hormuz flows, things could worsen fast.

Despite the announcement, oil prices climbed back above $90 a barrel, with markets warning that the reserves offer no structural fix unless safe passage through the Strait of Hormuz is restored completely.
India imports around 85–90% of its crude oil requirement, which means domestic fuel prices are highly sensitive to global benchmarks such as Brent Crude Oil and West Texas Intermediate (WTI).

gas price

When crude rises sharply—as it has this week due to Middle East tensions and supply fears—oil marketing companies typically face higher input costs. If prices remain elevated for long, those costs eventually feed into retail petrol and diesel prices.

What may happen in the next few weeks

1. Short-term: Prices may stay unchanged for now: State-run retailers such as Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum often absorb temporary spikes. If crude volatility lasts only a few days, pump prices may remain stable.

2. If crude stays near or above $100: Sustained levels above $100 per barrel could start putting pressure on fuel retailers. Historically, prolonged rallies at such levels have led to gradual price revisions.

3. Government intervention is possible: Before major elections or during inflation spikes, the government has sometimes cut excise duty or asked oil companies to delay hikes to cushion consumers.

4. Inflation risk: Higher fuel costs also raise transportation expenses, which can push up prices of food and other essentials—an issue closely monitored by the Reserve Bank of India.

If crude stays near $100–110 per barrel for several weeks, analysts typically estimate petrol and diesel prices could rise by roughly ₹2–₹6 per litre, depending on taxes and exchange rate movements.

For now, the oil spike is a warning signal rather than an immediate price hike. The key factor will be whether geopolitical tensions in the Middle East continue to disrupt supply routes like the Strait of Hormuz.

Sensex Falls 1,097 Points, Nifty Down 315 as Iran Crisis Rattles Markets, Oil Above $100 per Barrel

Escalating tensions involving Iran have unsettled global financial markets, with Indian equities and the rupee facing pressure as investors react to rising crude oil prices and geopolitical uncertainty in West Asia.

Domestic benchmark indices slipped sharply in recent sessions as risk sentiment weakened. The BSE Sensex fell about 1,097 points, or 1.4 per cent, to close at 78,918.90, while the Nifty 50 dropped 315 points, or 1.3 per cent, to settle at 24,450.45 as investors turned cautious amid the growing geopolitical crisis.

The broader trend during the week also reflected heightened volatility. The Sensex recorded a weekly decline of about 3.08 per cent, tracking weakness in global markets as oil prices climbed amid concerns about potential disruptions to energy supplies from the Middle East.

For India, the primary risk from the Iran crisis lies in crude oil. Brent crude prices surged sharply, at one point rising above $100 per barrel for the first time in nearly four years as the Iran conflict escalated and Ayatollah Mojtaba Khamenei was chosen as supreme leader.

WTI crude was trading at $108.66, up $17.76 or 19.54%, while Brent crude was at $108.69, up $16.00 or 17.26%, as traders priced in the possibility that an escalation could affect shipments through the Strait of Hormuz, a crucial maritime route for global energy trade.

Heavily Dependent on Oil Imports

India is particularly vulnerable to such shocks because of its heavy dependence on imported oil. The country imports more than 85 per cent of its crude oil requirements, meaning any sustained rise in prices can quickly increase the import bill, put pressure on the rupee and add to inflationary concerns.

Market participants say geopolitical tensions have already injected volatility into equities, with investors shifting to safer assets while trimming exposure to riskier markets.

Ponmudi R., CEO of Enrich Money, said investors should brace for continued swings in the market as geopolitical developments unfold. He said “the week ahead is likely to remain volatile” as tensions in the Middle East continue to shape investor sentiment.

Sectoral impacts are expected to vary depending on exposure to crude oil and global trade flows. Industries that rely heavily on fuel or petrochemical inputs — such as aviation, paints and chemicals — could face pressure on margins if oil prices remain elevated. On the other hand, energy producers and some defence-linked companies could see gains as commodity prices rise and geopolitical tensions increase.

Strait of Hormuz Poses Real Challenge

Another key concern for India is the security of shipping routes. A large share of India’s crude imports passes through the Strait of Hormuz, making any disruption in that corridor a major risk for the economy. Even the threat of disruption can push up insurance and freight costs, raising expenses for importers and exporters alike.

Global investor sentiment has also turned more cautious as the crisis deepens. Analysts note that Indian equity markets have already fallen about 4 per cent within two days of the conflict escalating, underscoring how quickly geopolitical shocks can reverberate through financial markets.

Veteran investor Jim Rogers warned that oil prices could climb further if the conflict intensifies. He said crude “could definitely cross $100 a barrel again” if geopolitical tensions escalate.

Despite the immediate volatility, market observers say the long-term impact on Indian equities will depend on how prolonged the crisis becomes. If tensions ease and oil prices stabilise, markets may recover. However, a prolonged conflict that disrupts energy supplies or shipping lanes could keep Indian markets under pressure in the weeks ahead.

How US Tariffs Played Havoc in Markets? Timeline of Key Tariff Moments

Over the past year, U.S. trade policy has swung sharply back toward broad-based tariffs, reviving uncertainty across global markets and supply chains.

The shift began on Feb. 1, 2025, when the administration imposed new tariffs on Chinese imports, citing fentanyl-linked supply chains, unfair trade practices and trade imbalances. Days later, Washington announced plans for 25% tariffs on imports from Mexico and Canada on national security grounds, though these were later paused and modified, with exemptions for USMCA-compliant goods.

The most dramatic move came on April 2, 2025, when the White House unveiled sweeping “Liberation Day” reciprocal tariffs on most U.S. imports. Invoking emergency powers, the administration imposed a baseline tariff of about 10%, with higher rates for selected countries. Subsequent executive orders in April and May adjusted rates and expanded coverage, including changes to duties on low-value Chinese imports.

Legal pressure mounted on May 28, when the U.S. Court of International Trade ruled that parts of the emergency tariffs exceeded presidential authority, throwing their durability into question. Despite this, tariff actions continued, including higher duties on copper imports in June and threats of tariffs of up to 50% on Brazilian goods in July.

By mid-2025, new tariffs were announced on Indonesian and Indian imports, while several high duties came into force in August amid diplomatic talks and WTO challenges. Further rate adjustments followed in November.

By late 2025, U.S. average tariff rates had climbed to multi-decade highs, boosting customs revenue but weighing on business confidence.

On Feb. 20, 2026, the Supreme Court struck down most emergency tariffs imposed under the IEEPA. Hours later, the president imposed a temporary 10% global tariff under separate legal authority, keeping trade tensions firmly in place.

Timeline of Market Movements

Feb. 1, 2025 – New US tariffs against China revive trade-war risk; Asian equities and exporters come under pressure.

Feb.–Mar. 2025 – Trump Threatens tariffs on Mexico and Canada unsettle North American supply chains before exemptions ease market stress.

April 2, 2025 – “Liberation Day” tariffs trigger global equity sell-offs, currency volatility and higher import-cost forecasts.

April–May 2025 – Repeated rate adjustments fuel uncertainty, complicating pricing decisions for manufacturers and retailers.

May 28, 2025 – Trade court ruling introduces refund risk for importers, lifting bond-market focus on fiscal exposure.

June 30, 2025 – Copper tariffs push metals prices higher and raise costs for construction and manufacturing firms.

July 2025 – Tariff threats against Brazil, followed by moves on Indonesia and India, widen emerging-market trade risk premiums.

August 2025 – Implementation of high tariffs lifts U.S. customs revenue but deepens concerns over inflation pass-through.

Nov. 2025 – Further tariff tweaks add to year-end volatility in equities and currencies.

Feb. 20, 2026 – US Supreme Court ruling briefly boosts markets on hopes of tariff rollback.

Feb. 20, 2026 – A new temporary 10% global tariff reins in optimism, restoring uncertainty over trade, inflation and growth.

Epstein’s Echo: Will Andrew’s Trade Blunders Delay £19Billion UK Trade Deal With India?

Britain reels from the arrest of Andrew Mountbatten-Windsor, once Prince Andrew, on his 66th birthday over Epstein ties, questions swirl around New Delhi’s corridors. Could this royal mess cast a shadow on the freshly inked UK-India Free Trade Agreement (FTA), set to unlock £19 billion in UK exports to India?

With the pact eyeing rollout in April, Indian businesses eye massive gains, but trust in UK diplomacy hangs by a thread. Mountbatten-Windsor, nabbed Thursday on suspicion of misconduct in public office, allegedly funneled sensitive trade docs to Jeffrey Epstein during his 2001-2011 stint as UK’s trade envoy.

Emails from US Justice Department files show him sharing “confidential briefs” on investment opportunities and visit reports from Vietnam, Singapore, Hong Kong, and Shenzhen in 2010-2011. “Andrew forwarded Epstein reports about Vietnam, Singapore and other places,” notes a Reuters report, highlighting itinerary shares too.

These leaks, post-Epstein’s 2008 conviction, smack of betrayal. Thames Valley Police are probing if this breached the Official Secrets Act, with Buckingham Palace pledging support for any inquiry.

Andrew India visit / PIB

For India, the timing stings. The FTA, signed July 2025 after 15 negotiation rounds, promises tariff cuts on 99% of Indian exports entering UK duty-free, slashing UK duties by up to £400 million yearly, rising to £900 million in a decade. Bilateral trade hit £47.2 billion last year, up 15%, making India UK’s 10th top partner.

But Andrew’s Asia blunders raise red flags. His 2010 tour overlapped with UK’s push into emerging markets, including India. Sharing intel with a convicted felon could expose vulnerabilities in deals involving sensitive sectors like tech and defence, areas India guards closely amidst China tensions.

Andrew made several high-profile visits to India, most notably in 2006, 2010, May 2012 for Queen Elizabeth II’s Diamond Jubilee, visiting Chennai, Mumbai, and Nagaland to strengthen defense and trade ties. He visited again in 2015 for various diplomatic and business engagements, including the trade deal.

Though there is no direct India link in leaks or the scandal, its fresh fallout is turning wary. Post-Brexit, UK needs India for growth, but New Delhi, juggling FTAs with EU and US, might demand stricter safeguards now.

On X, chatter hints at unease. While global posts rage over Andrew’s arrest, Indian voices tie it to diplomacy: “UK’s royal rot could spoil our trade party,” tweets analyst @IndiaEconWatch, echoing fears of delayed gains.

Yet, optimism lingers. A commerce ministry official said the pact’s on track for mid-2026, with services provisions limited but goods flowing freer. For Indian firms eyeing UK markets, from autos to pharma, this Epstein echo is unlikely to affect trade ties for now.

World Entrepreneurs and Investment Forum put women at the heart of economic transformation

 

That was the central message of the Manama Declaration, issued at the close of the World Entrepreneurs and Investment Forum (WEIF) held this week in Bahrain.

The declaration places women at the heart of economic transformation, underscoring that empowering them within business and innovation ecosystems is essential to achieving inclusive and sustainable growth.

It also calls for strengthening women’s presence across emerging sectors, including the green, blue and orange economies which respectively promote environmental responsibility, sustainable use of ocean resources and creativity.

Organized by the UN Industrial Development Organization’s (UNIDO) Investment and Technology Promotion Office in Bahrain, the forum convened leaders, investors and entrepreneurs from around the world to shape a more resilient global economy and unlock new opportunities for women-led enterprises.

 

Women entrepreneurs gather on stage at the International Woman Entrepreneurial Challenge 2026 in Manama, Bahrain.

“An amazing opportunity”

For many participants, the forum delivered tangible results.

Doris Martin, CEO of DMartin Consultancy in Bahrain, attended in search of meaningful collaboration and found it.

Through business-to-business (B2B) meetings facilitated during the event, she established partnerships with companies in the United Arab Emirates and Morocco.

“This forum has been effective for me,” she told UN News. “I’ve had B2B collaboration with regional companies through Bahrain and through UNIDO.”

Tosin Arwejulo, CEO of Leadership Excel Consultancy and a Nigerian-American entrepreneur based in Bahrain, described the forum as a “powerful networking platform.”

“I’ve had the opportunity to talk to people from literally every continent,” she said. “It has been an amazing opportunity to connect with like-minded leaders.”

 

From left to right: Tosin Arwejulo, CEO of Leadership Excel Consultancy and a Nigerian-American entrepreneur based in Bahrain, and Doris Martin, CEO of DMartin Consultancy in Bahrain(In the middle).

Shared challenges, shared solutions

The forum’s impact extended beyond the Arab region.

Ayanthi Gurusinghe, President of the Ceylon Chamber of Women Entrepreneurs in Sri Lanka and representative of the South Asian Women Development Forum, attended alongside delegates from India, Nepal, Bangladesh and Pakistan.

She said participants exchanged valuable lessons, particularly around access to finance, a challenge faced by women entrepreneurs across regions.

“It was a good opportunity for networking, to come together, share views, learn and exchange experiences,” she said, expressing appreciation to UNIDO for creating a space where global connections could flourish.

Ayanthi Gurusinghe, President of the Ceylon Chamber of Women Entrepreneurs in Sri Lanka and representative of the South Asian Women Development Forum, at WEIF 2026 in Bahrain.

Special focus on artists with disabilities

Beyond panel discussions and networking sessions, the forum also spotlighted inclusive entrepreneurship through three exhibitions including on “Determined Creative Entrepreneur.”

Among the exhibitors was Nisreen Samour of Micro Art Center in Bahrain, which specializes in training and developing artistic talent, with a special focus on artists with disabilities.

“Today, we have about nine students participating, each specializing in an artistic field that aligns with their interests and abilities,” she said.

“I personally train them, and we are currently working on developing their skills and empowering them to produce professional artwork that will help them effectively enter the art market and the job market, thus contributing to increased productivity and the center’s overall performance” she told UN News.

The centre also works with orphans, helping them develop artistic skills and showcase their work publicly — fostering independence and self-reliance through creativity.

 

Nisreen Samour of Micro Art Center in Bahrain, which specializes in training and developing artistic talent, with a special focus on artists with disabilities.

The role of academia

One recurring theme was the role of higher education in preparing young women to enter the world of entrepreneurship.

In an interview with UN News, Dr. Nihal Al-Najjar, professor at the Royal University for Women in Bahrain, highlighted the need to embed entrepreneurship deeply within academic systems.

“Our academic role is to integrate entrepreneurship not just as a subject, but as a methodology,” she said, explaining that experiential learning and practical application are key. “We encourage students to think, innovate and identify gaps in society, and then work to find solutions.”

She added that universities must go beyond classroom teaching by connecting students to the wider entrepreneurial ecosystem, guiding them towards mentorship, funding opportunities and professional networks when they are ready to launch their own ventures.

Dina Najar at WEIF2026 in Manama, Bahrain, covering Sustainable Development Goals.

A driving force for sustainable development

The World Entrepreneurs and Investment Forum (WEIF) was preceded by the annual conference of the International Women Entrepreneurial Challenge (IWEC)—a New York-based NGO that helps women-owned businesses to grow.

Speaking at the conference, UNIDO Director General Gerd Müller described women’s entrepreneurship as a driving force for sustainable development, global innovation and economic inclusion.

We must ensure that women everywhere have a level playing field and are given the opportunity to unlock their full potential,” he stated, highlighting persistent barriers to finance, technology, and higher-skilled roles for women globally.

Reaffirming UNIDO’s commitment, he added that “empowering women is essential to achieving the Sustainable Development Goals.”  The 17 SDGs, adopted by governments in 2015, provide a blueprint for a more just and equitable future for all people and the planet.

Mr. Müller praised Bahrain’s leadership in supporting entrepreneurship and women’s economic participation and outlined UNIDO’s ongoing work in crisis-affected countries, noting, “UNIDO has just started working to set up recovery programmes in Syria, Sudan, and Palestine… mostly the women there are affected, and they need our support.”

 

Gerd Müller, Director General of UNIDO, speaking at the International Woman Entrepreneurial Conference in Bahrain 2026.

Women as engines of business

In her opening remarks, IWEC Chair Ibukun Awosika highlighted women’s transformative role as engines of business, leadership, and national progress.

She emphasized that women constitute half of the world’s productive assets and, when empowered, become game changers in corporate and political leadership. Drawing on her own journey, Ms. Awosika recalled building a manufacturing group over 36 years before becoming the first and only woman chair of sub-Saharan Africa’s oldest financial institution, First Bank of Nigeria.

“What women represent to the world is 50 per cent of its assets — productive, constructive assets that are game changers when fully deployed,” she said.

Every nation that has enough wisdom to invest and to actualize the talent that is in 50 per cent of its population is a country that is set to win.”

 

H.E. Mrs. Ibukun Awo, IWECC Chair, speaking at WEIF2026 in Bahrain.

Success Stories from Bahrain and Nigeria

According to its website, the International Women Entrepreneurial Challenge (IWEC) has recognized 575 distinguished awardees globally, honoured annually at its conferences and nominated by partner organizations, representing women-owned businesses from across the world.

In Bahrain, IWEC recognized a new cohort of awardees from the Middle East and Africa.

Among them was Sonia Mohamed Janahi, founder of Maya La Chocolaterie, who highlighted UNIDO’s role in advancing women’s entrepreneurship.

With UNIDO’s support, Janahi expanded her Bahraini chocolate brand into Africa, establishing a cocoa processing plant in Côte d’Ivoire, creating jobs, promoting ethical supply chains, and ensuring global recognition for African-produced chocolate.

 

Official event photo from WEIF2026 in Manama, Bahrain.

“UNIDO has played a very vital role in my progression. They have taken my project and opened opportunities for me,” she told UN News, underscoring UNIDO’s commitment to recognizing women entrepreneurs across Bahrain, the Middle East, and Africa.

“This event represents women globally and investments over $6 billion that bring women globally together. It awards women who have not just started a business but have sustained a business and scaled up a business and have had an impact on the economy and on the society.”

Also honoured was Nigerian entrepreneur Oluwakelemi, who discussed her gifting and lifestyle retail business, which employs women and supports household incomes across Nigeria while preparing to expand internationally.

“I am passionate about building scalable African businesses with global reach,” she told UN News. “Not less than 5,000 people have been able to benefit from our business, from our work.”