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SMAM expands farm mechanization with 21.61 lakh machines, Custom Hiring Centres and large-scale Kisan Drone demonstrations
The Sub-Mission on Agricultural Mechanization (SMAM) expands access for small farmers, women and disadvantaged groups through targeted mechanization support nationwide. Special emphasis has been placed on under-served and North-Eastern States to address regional disparities in access to farm machinery and technology. Since its inception, Rs 9,404.47 crore has supported the distribution of 21.61 lakh agricultural machines to individual farmers across India. Over 40,928 drone demonstrations covering 40,918 hectares were conducted with Rs.52.5 crore financial support, promoting precision agriculture adoption nationwide.
Strait Tensions Escalate As Drone Attack Hits Vessel Off Qatar
Regional tensions flare again as Gulf states report aerial threats and shipping routes remain under pressure.
JSW Infra share price target cut by JM Financial but FY26 guidance could still be met
The brokerage said the ongoing West Asia conflict has impacted the company’s Fujairah liquid storage facility, which was hit by drone attacks, leading to partial capacity going offline.
UAE bans foreign airlines from Dubai airports till further notice after drone attack
The ban is a big setback for Indian carriers which had started gradually resuming flights. More than 30% of India’s international traffic comes from the Middle East region according to airline group International Air Transport Association (IATA). Among them Dubai is the most important
Stocks in news: IndiGo, RIL, Torrent Power, ideaForge, NTPC Green
Indian markets experienced a sharp sell-off, extending the downtrend amid global concerns and geopolitical tensions. Nifty faces immediate support at 23,500, with resistance expected around 24,000-24,300. IndiGo flights faced airspace issues, while Reliance Retail acquired 'Pahadi Local'. Torrent Power raised Rs 2,000 crore via NCDs, and ideaForge began drone training for NATO personnel.
Industrial users stare at propane, natural gas shortage after Qatar halted production
Indian industries face potential propane and natural gas shortages. Qatar has halted liquefied natural gas production following a drone attack. This impacts industrial customers, though household piped natural gas supplies remain unaffected. Companies are monitoring the situation closely. Global energy prices and shipping costs are also rising.
JSW Infrastructure reports damage to one tank at Fujairah Terminal after drone debris
On Monday (March 2), shares of JSW Infrastructure Ltd ended at ₹251.35, down by ₹3.50, or 1.37%, on the BSE.
War reaches India Inc as fire reported at JSW Infra oil storage terminal in Fujairah
A fire broke out at JSW Infrastructure’s Fujairah oil storage terminal after an Iranian drone was intercepted, marking the first direct impact of the US-Israel-Iran conflict on an Indian company.
Top Gainers & Losers on March 02: IndiGo, RVNL, Syrma SGS, LT Foods, Swiggy, OLA among top losers today
On March 2, the Indian stock market fell over 1% amid rising Middle East tensions after US and Israeli attacks on Iran. Iran retaliated, raising fears of war and causing crude oil prices to spike, with Saudi Aramco halting operations at a refinery following a drone strike.
Momentum Stocks: RITES, Haleon Labs, Drone Destination gain up to 11% on sheer momentum
Ather Energy, Krishna Institute, Marico, ACME Solar, Aegis Logistics, Cemindia Projects, Phoenix Mills, among others hit 52-week high.