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The Reserve Bank of India has introduced stricter norms on banks' net open positions in foreign currency dealings involving the rupee. Banks must now maintain positions within $100 million each day to curb speculative trading. The measure aims to stabilize the currency amid significant depreciation pressures.

March 28, 2026 በAI የተዘገበ

The Senate's probe into the government's response to the Middle East crisis is targeting oil companies for potential profiteering as fuel prices rise sharply. Sen. Sherwin Gatchalian voiced concerns over firms selling old fuel stocks at elevated prices. Sen. Bam Aquino called for a price freeze on essential goods.

Spain's National Commission on Markets and Competition (CNMC) approved on Tuesday a proposal setting remuneration methodology for natural gas distribution networks for 2027-2032, keeping base levels steady with a 2% improvement. It rejects industry calls for 2020 cut compensation and adds incentives for biomethane injection and digitalization. The plan enters public consultation today.

March 26, 2026 በAI የተዘገበ

Chile's National Economic Prosecutor's Office (FNE) has ordered an investigation into the effects of Molycop's acquisition by India's Tega Industries and Apollo Global Management funds. The deal, announced in September 2025 and valued at about $1.5 billion, gives Tega a 77% stake and Apollo 23%. The regulator aims to rule out risks to free competition in the national market.

Auto Avaliar, with Stellantis as majority shareholder, has launched the MAQ360 platform for trading used heavy machinery in Brazil. The market, estimated at up to R$ 30 billion, remains fragmented and undigitalized. The move aims to replicate the success of the company's automotive platform.

March 26, 2026 በAI የተዘገበ

Major Philippine mall chains including SM, Robinsons, Ayala, and Megaworld announced shorter operating hours starting March 30 in response to the country's National Energy Emergency.