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New Delhi: The Airports Economic Regulatory Authority (AERA) of India has ordered a 25 per cent cut in landing and parking charges at major airports across the country to airlines to help them tide over the financial crisis arising out of the West Asia crisis. This move came after the government asked for temporary support to airlines hit by rising costs linked to the Iran conflict. IndiGo and Air India has raised the issue of reduced charges, Reuters reported. The reduced charges will only be ...Read More >
Mumbai, Apr 8 (PTI) Equity benchmark indices Sensex and Nifty surged nearly 4 per cent on Wednesday, following an impressive rally in global markets and a drop in crude oil prices after the US and Iran announced a two-week ceasefire. The RBI decision to keep the policy repo rate unchanged, heavy buying across all sectors and a strengthening rupee against the US dollar also improved investor sentiment, traders said. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 po ...Read More >
New Delhi [India], April 8 (ANI): Joint Secretary in the Ministry of Coal, Government of India, Sanjeev Kumar Kassi, on Wednesday, assured that there is no shortage of coal in the country and power generation remains stable. Kassi said, "We have sufficient coal stocks available in the country at mines, power plants, ports and transit, which can be made available to the consumers at very short notice." Also Read | Sikkim State Lottery Result Today 6 PM Live: Dear Regal Wednesday Lottery Result ...Read More >
New Delhi, Apr 8 (PTI) Aviation stocks ended sharply higher on Wednesday following a steep decline in crude oil prices after the US and Iran announced a two-week ceasefire. Easing of geopolitical stress led to a sharp fall in Brent crude oil prices, which tumbled 14.12 per cent to USD 93.95 per barrel. InterGlobe Aviation, the parent firm of IndiGo, jumped 8.16 per cent to settle at Rs 4,616.60 on the BSE. During the day, it zoomed 10.98 per cent to Rs 4,737.40. The stock of SpiceJet climbed ...Read More >
New Delhi [India], April 8 (ANI): Joint Secretary in the Ministry of Coal, Government of India, Sanjeev Kumar Kassi, on Wednesday, assured that there is no shortage of coal in the country and power generation remains stable. Kassi said, "We have sufficient coal stocks available in the country at mines, power plants, ports and transit, which can be made available to the consumers at very short notice." He further added that there is no deficit in power generation, stating, "We have absolutely n ...Read More >
Mumbai, April 8: Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals. The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90. Commenting on Nifty technical outlook, experts said that from a technical standpoint, t ...Read More >
Mumbai, Apr 8 (PTI) Equity benchmark indices Sensex and Nifty ended nearly 4 per cent higher on Wednesday, following an impressive rally in global markets and a drop in crude oil prices, after the US and Iran announced a two-week ceasefire. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 points or 3.95 per cent to settle at 77,562.90. During the day, it surged 3,018.96 points or 4 per cent to 77,635.54. The 50-share NSE Nifty soared 873.70 points or 3.78 per cent t ...Read More >
Mumbai: Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals. The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90. Commenting on Nifty technical outlook, experts said that from a technical standpoint, the 23,7 ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Indian equity markets witnessed a sharp rally on Wednesday, with both benchmark indices surging nearly four per cent, driven by positive sentiment following the ceasefire announcement in the West Asia conflict. The Nifty 50 index jumped to 23,997.35, gaining 873.70 points or 3.78 per cent, while the BSE Sensex surged to 77,562.90, rising by 2,946.32 points or 3.95 per cent at the close. Also Read | Assembly Elections 2026: Assam, Kerala Head to Apri ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): Indian equity markets witnessed a sharp rally on Wednesday, with both benchmark indices surging nearly four per cent, driven by positive sentiment following the ceasefire announcement in the West Asia conflict. The Nifty 50 index jumped to 23,997.35, gaining 873.70 points or 3.78 per cent, while the BSE Sensex surged to 77,562.90, rising by 2,946.32 points or 3.95 per cent at the close. Market experts attributed the rally to easing geopolitical conc ...Read More >
BENGALURU: US stock index futures climbed on Wednesday as investors breathed a sigh of relief after the US and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the Strait of Hormuz could resume. The announcement came less than two hours before US President Donald Trump's deadline, in a sharp turnaround from his previous warning of wiping out "a whole civilization" if Tehran did not reopen the Strait of Hormuz, the narrow waterway that ...Read More >
Mumbai (PTI): Equity benchmark indices Sensex and Nifty were trading sharply higher on Wednesday afternoon trade in-tandem with an impressive rally in global markets and a drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,988.82 points or 4 per cent to 77,605.40. The 50-share NSE Nifty surged 890.35 points or 3.85 per cent to 24,014. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen & Toubro ...Read More >
New Delhi, Apr 8 (PTI) Adani Group stocks were in the limelight on Wednesday, with Adani Total Gas and Adani Green surging over 13 per cent, in tandem with a sharp rally in the broader equity market. A US judge granted a request from billionaire Gautam Adani to schedule a hearing in efforts to dismiss a US Securities and Exchange Commission fraud case, which he says lacks necessary jurisdiction as well as fails on multiple reasons. This followed lawyers of Adani and his nephew, Sagar filing a ...Read More >
Mumbai: Adani Group stocks saw a sharp rally after a major relief from a US court. Investors reacted positively, leading to strong buying across group companies. Many stocks gained between 6 percent and 10 percent, reflecting improved market sentiment. Adani Energy Solutions and Adani Enterprises rose up to 10 percent, while Adani Green Energy also jumped 10 percent. Adani Ports & SEZ gained over 8 percent, and Ambuja Cement and Adani Total Gas climbed around 9 percent. ACC rose about 7.5 perce ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Indian rupee on Wednesday showed positivity for a fourth consecutive session against the dollar, tracking gains in global equities after the United States and Iran agreed to a two-week ceasefire, offering markets respite from turbulence driven by the West Asia conflict. The domestic currency rose 0.4 per cent to 92.61 against the dollar from its previous close of 93. This comes after US President Donald Trump announced a temporary ceasefire with Iran, ea ...Read More >
New Delhi: The announcement of a ceasefire, between the US and Iran, along with the reopening of the Strait of Hormuz, will provide immediate relief to exporters by easing shipping disruptions, FIEO said on Wednesday. US President Donald Trump announced a two-week suspension of military strikes against Iran. Iran agreed to allow safe navigation through the Strait of Hormuz during the ceasefire, triggering sweeping market moves across oil, equities and currencies. "The ceasefire and reopening o ...Read More >
MUMBAI: India's equity market cheered the two-week ceasefire in West Asia and the reopening of the Strait of Hormuz as benchmark indices- the BSE Sensex and the NSE Nifty50- sprinted almost 4% in early trade deals. The Sensex surged 2,800 points, or 4%, to an intraday high of 77,456, while the Nifty50 jumped over 800 points, or 3.7%, to the day's high of 23,961. The relief rally came after US President Donald Trump said that Washington would suspend military actions against Iran for two weeks a ...Read More >
New Delhi: Global oil prices dropped sharply after Donald Trump announced a two-week ceasefire with Iran, easing supply concerns and triggering a positive reaction across financial markets. Sharp Fall in Crude Prices Brent crude prices fell significantly from around $109.77 to nearly $95 per barrel, while US West Texas Intermediate (WTI) crude also declined by almost $20 per barrel within minutes of the announcement. The sharp correction came as investors anticipated a normalization of oil su ...Read More >
MUMBAI: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2, 775 points to 77, 392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23, 938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector sto ...Read More >
By Jaspreet Kalra and Abinaya V MUMBAI, April 8 (Reuters) - The Reserve Bank of India kept its key policy rate unchanged on Wednesday as it awaits clearer evidence of the impact from the Iran war on the South Asian nation's economy. The RBI's six-member monetary policy committee voted to keep the repo rate steady at 5.25%. All six members of the rate panel, which includes three central bank officials and three external appointees, voted to hold rates. The MPC also decided to continue with th ...Read More >
Mumbai, April 8: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal secto ...Read More >
Mumbai: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector stocks ...Read More >
New Delhi [India], April 8 (ANI): Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a ceasefire between the United States and Iran. BSE Sensex stood at 77,230.04 points, marking an increase of 2,613.46 points or 3.50 per cent at 9:15 am. Simultaneously, NSE Nifty 50 stood at 23,855.15 points, up by 731.50 points or 3.16 per cent. A key trigger for the rally was the sharp correction in crude oil prices, with Br ...Read More >
Mumbai, Apr 8 (PTI) Stock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points or 3.71 per cent to 77,392.31 in early trade. The 50-share NSE Nifty surged 815.2 points or 3.52 per cent to 23,938.85. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen ...Read More >
Mumbai, April 8 (SocialNews.XYZ) Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT ...Read More >
Mumbai: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector stocks ...Read More >
New Delhi, April 7 (SocialNews.XYZ) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank's $70 per barrel assumption, a report said on Tuesday. "Current oil prices are 50 per cent above RBI's assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening," the report from SBI Mutual Funds said. The AMC firm noted metals and mining a ...Read More >
(RTTNews) - Indian shares are likely to open on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The ceasefire calls for Israel and Hezbollah to halt fighting in Lebanon, while U.S. President Donald Trump said he was holding off on his threatened attacks on Iranian bridges and power plants. The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transit ...Read More >
Mumbai, April 7: Stock market benchmark indices Sensex and Nifty ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped 509.73 points, or 0.69 per cent, to settle at 74,616.58. During the day, it hit a high of 74,686.32 and a low of 73,282.41, gyrating 1,403.91 points. The 50-share NSE Nifty climbed 155.40 points, or 0.68 per cent ...Read More >
Benchmark Brent crude cost about $109 a barrel on Tuesday, and has remained above or around $100 for more than three weeks, up over 50% from about $70 just before the conflict began on February 28. Risks sharpen for the global economy if oil moves above $110 or $120 a barrel, warned Nathan Sheets, chief global economist at Citi and a former U.S. Treasury Department official. "As this shock gets bigger and bigger, the risks of recession are rising significantly...There are likely some thresho ...Read More >
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