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New Delhi, Apr 1 (PTI) Price of aviation turbine fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday while commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the surge in global oil prices linked to the widening West Asia conflict. ATF price in Delhi was hiked by Rs 110,703.08 per kilolitre, or 114.5 per cent, to Rs 207,341.22 per kl, according to state-owned fuel retailers. This is the first time ever that ATF prices have cross ...Read More >
New Delhi: Prices of aviation turbine fuel (ATF), or jet fuel, have surged sharply across major Indian metros from April 1, 2026, crossing the ₹2 lakh per kilolitre mark for the first time, amid escalating global crude oil prices driven by the widening West Asia conflict. In Delhi, ATF prices more than doubled to a record ₹2,07,341.22 per kilolitre, up from ₹96,638.14 per kl. Similar steep hikes were recorded in other metros, with Kolkata at ₹2,05,953.33 per kl, Mumbai at ₹1,94,968.67 per kl, a ...Read More >
New Delhi: Prices of commercial LPG cylinders have been increased by Rs 195.50 from April 1. A 19-kg commercial cylinder now costs Rs 2,078.50 in Delhi. This is the second consecutive monthly hike, after prices were raised by Rs 114.50 on March 1. The increase mainly impacts hotels, restaurants, and small businesses that depend on commercial gas for daily operations. Domestic LPG prices unchanged There is some relief for households. Domestic cooking gas prices have not been changed. A 14.2-kg ...Read More >
New Delhi: Due to the escalating conflict in West Asia, Indian business owners are grappling with a sharp rise in operating expenses, primarily caused by the strategic closure of the Strait of Hormuz. As of the April 1 update, Oil Marketing Companies have significantly raised the cost of 19 kg commercial LPG cylinders by ₹195.50. Coming on the heels of a ₹114.50 increase on March 1, this latest price jump highlights a turbulent period for both industrial and hospitality businesses. Despite the ...Read More >
Mumbai: The rupee was the worst performer in Asia against the US dollar in FY26, shows an ET analysis of 10 rival currencies, after the local unit lost 9.88% through a year marked by record exits from Indian equities by overseas investors amid a global scramble for dollar-based assets. Opening the financial year at 85.59 per dollar, the rupee ended at 94.83. Yen Second Worst-performing This is after the local currency touched a record low of 95.22/$ amid consistent dollar demand throughout the ...Read More >
Mumbai: India's equity indices ended FY26 with losses, their worst fiscal performance since the pandemic-hit FY20. The outlook for the FY27 hinges on the ebbing of the West Asia conflict, particularly through its impact on crude oil prices and the rupee, according to analysts. "A ceasefire in the near term could trigger a recovery, with Indian equities potentially revisiting previous highs," said Amit Khurana, head of institutional equities at Dolat Capital Market. "However, if the situation pe ...Read More >
New Delhi, Apr 1 (PTI) Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi. Stat ...Read More >
Since the West Asia conflict started on February 28, the BSE benchmark has crashed 9,339.64 points or 11.48 per cent. Tracking the sharp fall in equities, the market capitalisation of BSE-listed companies fell by Rs 51,09,498.82 crore to Rs 4,12,41,172.45 crore (USD 4.36 trillion) this month. "The current bearish trend is largely externally driven rather than fundamentally broken. Elevated crude oil prices, geopolitical risks in the Middle East, and sustained FII selling have created a risk-of ...Read More >
New Delhi, March 31: The outlook for Indian markets in the next fiscal year remains structurally optimistic once geopolitical tensions subside and crude oil prices stabilise, analysts said, even as domestic equities ended FY26 on a bearish note, with Sensex plunging 7 per cent. In 2025-26, the BSE benchmark plunged 5,467.37 points, or 7 per cent, and the NSE Nifty dropped 1,187.95 points, or 5 per cent. The year was dominated by global macro uncertainty, persistent geopolitical tensions, eleva ...Read More >
New Delhi [India], April 1 (ANI): Foreign affairs expert Robinder Sachdev has weighed in on the recent US airstrike at Mashhad Airport that struck a Mahan Air aircraft, suggesting the incident was likely a case of "collateral damage" rather than a targeted strike on a humanitarian mission. While speaking to ANI, Sachdev addressed the complexities of striking infrastructure during active hostilities, noting that while airports are strategic, the distinction between military and civilian sites is ...Read More >
New Delhi, March 31 (PTI): India's first Iranian crude oil cargo since 2019 may be headed towards a port in Gujarat, according to ship tracking data. Indian refiners have been looking to purchase a few cargoes of Iranian oil on water following the recent sanctions waiver by Washington. "The Indo-Iranian oil trade has flickered back to life. Following the US administration's decision to grant a 30-day window for Iranian oil "on the water" due to regional conflict, the vessel Ping Shun is now en ...Read More >
New Delhi, Mar 31: Dalal Street investors have lost a whopping Rs 51 lakh crore from their wealth since the West Asia conflict began late last month, with the BSE benchmark Sensex tumbling over 11 per cent during this time, as investors fled riskier assets due to the cascading effect of the war on crude oil prices and markets globally. Markets also faced the blow of foreign fund exodus from domestic equities. Sharp fall in Sensex and market capitalisation Since the West Asia conflict started o ...Read More >
NEW DELHI: India's foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday. The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of reserves, providing room and time to intervene in the market to prop up the rupee if it is so desirable. The research firm, however, f ...Read More >
Mumbai, Mar 30 (PTI) The Indian rupee depreciated 9.88 per cent against the US dollar in FY26, marking the sharpest decline against the greenback in 14 years. In FY12, the domestic currency declined by 12.4 per cent against the dollar at a time when the current account deficit had widened to 4.2 per cent. In the current fiscal year, the steep depreciation was driven by persistent foreign fund outflows, elevated crude oil prices, and a strengthening dollar globally. Volatility in global financi ...Read More >
New Delhi/Bengaluru -- Oil prices were little changed on Tuesday as investors weighed the possibility of US President Donald Trump ending the Iran war against supply shocks from a prolonged closure of the Strait of Hormuz, a key artery for global oil flows. Brent crude futures for May were up 18c, or 0.16%, to $112.96 a barrel at 4.38am GMT after dropping 1% earlier in the session. The May contract expires on Tuesday, while the more active June contract was at $107.10. US West Texas Intermedia ...Read More >
Mumbai (Maharashtra) [India], March 31 (ANI): The Indian rupee is expected to remain volatile in the near term and may stabilise in the range of Rs 92.50 to Rs 93.50 against the US dollar, amid continued pressure from rising crude oil prices and sustained foreign investor outflows says experts. The rupee recently hit an all-time low of 95.23 on Monday, reflecting sharp volatility in both onshore and offshore currency markets. The weakness in the domestic currency comes as Brent crude prices rem ...Read More >
NEW DELHI, March 31 : Oil prices were little changed on Tuesday as investors weighed the possibility of U.S. President Donald Trump ending the Iran war against supply shocks from a prolonged closure of the Strait of Hormuz, a key artery for global oil flows. Brent crude futures for May were up 18 cents, or 0.16 per cent, to $112.96 per barrel at 0438 GMT after dropping 1 per cent earlier in the session. The May contract expires on Tuesday and the more active June contract was at $107.10. U.S. ...Read More >
Mumbai, March 31: Gold prices in Dubai edged slightly higher on Tuesday as the month drew to a close, reflecting a modest rebound in international markets. Retail rates in the "City of Gold" saw 24-carat gold trading at approximately AED 541.75 per gram, a slight increase from previous sessions. The market remains influenced by a complex interplay between a strong US dollar and persistent safe-haven demand triggered by ongoing geopolitical tensions in West Asia. Local jewellers in the Deira Gol ...Read More >
New Delhi: In a significant shift in strategy, Donald Trump is reportedly willing to end the ongoing US military campaign against Iran without ensuring the reopening of the strategically vital Strait of Hormuz, according to local report. The development signals a possible recalibration of Washington's war objectives, with the administration prioritising a quicker end to hostilities over securing the crucial oil transit route. As per the report, Trump told aides that the complex and time-consum ...Read More >
Mumbai (Maharashtra) [India], March 31 (ANI): Indian stock markets remained closed on Tuesday on account of the Mahavir Jayanti holiday, with trading suspended on both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). In the commodities segment, the Multi-Commodity Exchange of India (MCX) also remained shut during the morning session from 9 am to 5 pm. However, trading is scheduled to resume in the evening session between 5 pm and 11:30 pm. Also Read | Donald Trump Again Threa ...Read More >
Mumbai, March 31 (SocialNews.XYZ) Domestic stock exchanges BSE and NSE will remain closed on Tuesday on account of Shri Mahavir Jayanti. In addition, the bourses will have 11 more days of official holidays this year, except Saturdays and Sundays. In commodities, the Multi Commodity Exchange of India (MCX) will remain closed during the morning session -- 9 am to 5 pm -- on Tuesday due to the festival. However, trading will resume in the evening session from 5 pm to 11:30 pm, according to the e ...Read More >
Mumbai (Maharashtra) [India], March 31 (ANI): Indian stock markets remained closed on Tuesday on account of the Mahavir Jayanti holiday, with trading suspended on both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). In the commodities segment, the Multi-Commodity Exchange of India (MCX) also remained shut during the morning session from 9 am to 5 pm. However, trading is scheduled to resume in the evening session between 5 pm and 11:30 pm. Global market cues remained mixed on ...Read More >
NEW DELHI: Oil prices reversed course in Asian trading on Tuesday, paring earlier gains, following a report that U.S. President Donald Trump told aides he is willing to end the Iran war without reopening the Strait of Hormuz. Brent crude futures for May were down $1.22, or 1.08%, to $111.56 per barrel at 0210 GMT after rising 2% earlier in the session. The May contract expires on Tuesday and the more active June contract was at $105.76. U.S. West Texas Intermediate futures for May fell 98 cent ...Read More >
Mumbai: The Indian stock market crashed over 2% on Monday, following a slump in global markets as the US-Iran war entered its fifth week, driving up crude oil prices and inflation worries. Moreover, the Indian rupee slipped to a record low, breaching 95 per $ mark for the first time ever, drawing only brief support from the RBI's move to tighten limits on banks' foreign exchange positions. The rupee hit its record low of 95.20 against the US dollar, down 0.3% for the day. Sensex closed 1635 po ...Read More >
NEW DELHI, March 31 : Oil prices reversed course in Asian trading on Tuesday, paring earlier gains, following a report that U.S. President Donald Trump told aides he is willing to end the Iran war without reopening the Strait of Hormuz. Brent crude futures for May were down $1.22, or 1.08 per cent, to $111.56 per barrel at 0210 GMT after rising 2 per cent earlier in the session. The May contract expires on Tuesday and the more active June contract was at $105.76. U.S. West Texas Intermediate f ...Read More >
(RTTNews) - Indian stock markets remain closed today for Mahavir Jayanti. On Monday, benchmark indexes Sensex and Nifty both fell over 2 percent as Brent crude prices topped $115 a barrel on fears of more disruptions to shipping lanes, posing a significant risk to inflation, the current account and fiscal deficits. Both the indexes plummeted around 11 percent in March, marking their worst monthly loss since the COVID-19-led rout in March 2020. The Indian rupee hit a record low past 95 to the d ...Read More >
Mumbai: Indianequity benchmark indices ended the final trading session of fiscal year 2025-26 with sharp losses, as escalating tensions in West Asia, rising crude oil prices, and sustained foreign fund outflows weighed heavily on investor sentiment. The 30-share BSE Sensex plunged 1,635.67 points, or 2.22 per cent, to settle at 71,947.55, after falling as much as 1,809 points during intraday trade. The broader NSE Nifty 50 dropped 488.20 points, or 2.14 per cent, to close at 22,331.40. The sel ...Read More >
Mumbai: India's main stock indices crashed over 2% on Monday as overseas investors continued their stampede for the exit amid mounting tensions in West Asia, sticky crude prices and a fresh drop in the rupee to record lows, intensifying risk-off sentiment. The BSE Sensex fell 1,635.67 points, or 2.2%, to close at 71,947.55, while the Nifty 50 declined 488.20 points, or 2.1%, to settle at 22,331.40. The sell-off wiped out ₹9.41 lakh crore in market capitalisation on Monday. In the entire FY26, S ...Read More >
BENGALURU, March 31 : Oil prices rose for a fourth day on Tuesday, with Brent crude poised for its largest monthly gain on record and U.S. crude futures set for their strongest monthly increase since 2020, because of supply constraints from the widening Middle East war. Brent crude futures for May rose $2.26, or 2 per cent, to $115.04 a barrel at 0002 GMT, after reaching their highest since March 19 during the prior session. The May contract expires on Tuesday and the more active June contract ...Read More >
Important topics and their relevance in UPSC CSE exam for March 29, 2026. If you missed the March 28, 2026, UPSC CSE exam key from the Indian Express, read it here. Subscribe | UPSC Essentials of The Indian Express to stay ahead in your Civil Services preparation with focused, exam-relevant insights. FRONT PM opens Jewar airport, flags ethanol push as shield against energy crisis Syllabus: Preliminary Examination: Current events of National & International importance. Mains Examination: Ge ...Read More >
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