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New Delhi, April 4: Amid the evolving situation in West Asia, the government on Saturday said that 5 kg LPG cylinders are available at distributors on showing a valid ID without the need for address proof. The Government said it is taking comprehensive steps to ensure smooth availability of fuel and energy supplies, even as tensions in West Asia and the closure of the Strait of Hormuz raise concerns over global energy flows. "The 5 Kg FTL cylinders are available at nearby LPG Distributorships a ...Read More >
Indore: In view of the ongoing nationwide LPG supply constraints triggered by global geopolitical tensions, the Indore district administration, on Saturday, temporarily suspended the supply of commercial LPG cylinders to ensure uninterrupted availability for domestic households. The decision aims to conserve existing stocks and channel them exclusively towards meeting the cooking needs of ordinary families. This move aligns with similar measures taken across several states to safeguard domesti ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Amid the evolving situation in West Asia, the government on Saturday said that 5 kg LPG cylinders are available at distributors on showing a valid ID without the need for address proof. The Government said it is taking comprehensive steps to ensure smooth availability of fuel and energy supplies, even as tensions in West Asia and the closure of the Strait of Hormuz raise concerns over global energy flows. "The 5 Kg FTL cylinders are available at nearby LPG D ...Read More >
Oil Marketing Companies (OMCs) on Friday said the supply of petroleum products and LPG was stable and adequate to meet the current demand in Punjab. In a press statement, Indian Oil Corporation Limited (IOCL) executive director and state level coordinator of Punjab Ashutosh Gupta said the stock position of motor spirit (MS) and high-speed diesel (HSD) was normal across the state. "OMC depots are maintaining healthy inventory levels, while retail outlets have sufficient stock for uninterrupted s ...Read More >
Franklin Templeton has launched Sapphire Equity Long-Short SIF, its first offering under the SIF framework. The fund uses a quantitative strategy with long and short positions across Nifty 500 stocks. Designed for high-risk investors, it aims to generate alpha through dynamic allocation and disciplined risk management across market cycles. Franklin Templeton (India) has announced the launch of Sapphire Equity Long-Short SIF, its first offering under Specialised Investment Funds (SIF). It is an ...Read More >
Hyderabad, April 3: Acting against hoarding and black-marketing of LPG, the Telangana civil supplies department has so far seized 3,699 illegal domestic LPG cylinders, officials said on Friday. The department also seized 70 small cylinders. All the cylinders have been seized from March 12 to April 3. According to an official statement, the value of seized property is Rs. 1.10 crore. A total of 1,275 cases have been filed under Section 6A of the Essential Commodities Act. Officials said 216 FIRs ...Read More >
Hyderabad, April 3 (SocialNews.XYZ) Acting against hoarding and black-marketing of LPG, the Telangana civil supplies department has so far seized 3,699 illegal domestic LPG cylinders, officials said on Friday. The department also seized 70 small cylinders. All the cylinders have been seized from March 12 to April 3. According to an official statement, the value of seized property is Rs. 1.10 crore. A total of 1,275 cases have been filed under Section 6A of the Essential Commodities Act. Offic ...Read More >
Kochi, Apr 3 (PTI) Oil industry officials said on Friday that there was no shortage of LPG, petrol or diesel in Kerala, with supplies continuing smoothly across the state. Priority was being given to essential sectors, and the public has been urged not to panic buy as deliveries remain uninterrupted, they said in a statement here. "The State Level Coordinator (SLC), Oil Industry - Kerala, on behalf of all Oil Marketing Companies (OMCs), assures the public that there is adequate availability of ...Read More >
New Delhi [India], April 3 (ANI): The Indian banking and financial services (BFSI) sector is poised for a gradual recovery after a challenging FY26, with improving earnings visibility and structural tailwinds expected to drive medium-term performance, according to a recent report by Motilal Oswal Financial Services (MOSL). The report characterizes FY26 as a "challenging year for investing," noting that macro volatility, margin pressures and weak loan growth weighed on sectoral performance." Ho ...Read More >
ServiceNow Inc. (NYSE:NOW) is one of the 10 Stocks Leaving the Market in the Dust Today. ServiceNow jumped by 5.59 percent on Monday to close at $104.97 apiece, as investors resorted to bargain-hunting after the previous session's fall to be just a few cents shy of its 52-week low. Last Friday, ServiceNow Inc. (NYSE:NOW) fell to $98.34, or just 34-cents shy of its 52-week low of $98, after tracking last week's broader market pessimism. Photo by Yan Krukov on Pexels Further dragging sentiment ...Read More >
READ: Indian Companies Brace for Buyback Rush Before Tax Changes The regulator's step comes amid growing demand by investors to reinstate the mechanism after it was banned in April last year due to an unfair tax advantage for investors selling shares in a buyback. Indian stocks fell 11% in March as foreign investors sold a record amount of shares due to uncertainty over the US and Israel's war in Iran. SEBI said new tax amendments introduced by the government addressed earlier concern that som ...Read More >
Mumbai | Franklin Templeton (India) today announced the launch of Sapphire Equity Long‑Short SIF, its first offering under the Specialised Investment Funds (SIF). It is an Equity Long Short Fund under the SIF framework, investing across Nifty 500 stocks to enable diversified exposure across large, mid and small-cap segments. Sapphire Equity Long‑Short SIF aims to seek long-term capital appreciation across market cycles, through a proprietary, model-driven quantitative strategy, anchored in disci ...Read More >
Sugar Price: India's sugar production is projected to fall short of local consumption for the second year in a row. Due to poor sugarcane harvests, sugar mills are shutting down earlier than normal, which may create supply constraints in the market and result in price increases. Industry experts estimate that total production for this season will be approximately 28 million metric tons, which is considerably lower than earlier forecasts. At the start of the season, ISMA and NFCSF had predicted ...Read More >
Stock markets end lower for 6th straight week over West Asia conflict Mumbai: Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week. Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday's close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 ...Read More >
Mumbai, April 3 (SocialNews.XYZ) Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week. Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday's close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 per cent on a week-on-week basis. In the fina ...Read More >
New Delhi [India], April 2 (ANI): Indian fast-moving consumer goods (FMCG) companies are expected to implement a fresh round of price increases starting in the first quarter of FY27. As per a report by Nuvama Institutional Equities, a sharp rise in crude oil prices and a weakening Rupee have significantly increased input cost pressures, ending a period of relative price stability for the sector. The report forecasts price hikes of at least 3 to 4 per cent in Q1FY27 if the current inflation in r ...Read More >
All refineries are operating at high capacity, with adequate crude inventories in place | Image: Canva/Free The Central Government authorised on Sunday to make an ad hoc allocation of Public Distribution System (PDS) Superior Kerosene Oil (SKO) to the States and Union Territories (UTs) for distribution to households for cooking and lighting purposes, citing the ongoing West Asia conflict's disruption of energy supplies. The allocation includes the 21 states and UTs which are PDS SKO free. Ear ...Read More >
Stock Market Live Updates: Indian equity benchmarks are likely to witness a sharp decline at the open as oil prices climbed more than $4 on Thursday after US President Donald Trump said the United States would continue to attack Iran, including energy and oil targets over the next few weeks, and did not commit to a specific timeline to end the war. This comes a day after both BSE Sensex and NSE Nifty50 ended Wednesday's session on a positive note, signalling an overall upbeat market mood. Here ...Read More >
Mumbai: Heightened uncertainty transmitting from the West Asia crisis into India's growth and inflation outlook may compel the Monetary Policy Committee (MPC) of the Reserve Bank of India to hold the benchmark repo rate to 5.25 per cent next week and maintain a neutral stance. The central bank is also likely to announce measures to support liquidity and the rupee. The three-day policy meeting of the MPC (RBI's rate-setting panel) will begin on April 6. Globally, a lot has changed since the RBI ...Read More >
Foreign investors are withdrawing from Indian equities due to global risk aversion amid West Asia tensions, but India's domestic strength remains solid. Ross Maxwell of V T Markets highlights that the retreat reflects a risk-off strategy rather than concerns about India's economic fundamentals, with geopolitical developments impacting investor sentiment. Global investors are retreating from Indian equities, driven by increasing global uncertainties and a 'risk-off' mindset amid ongoing West Asi ...Read More >
New Delhi, Apr 2 (PTI) Parliament on Thursday passed a Bill to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve business environment and check harassment of people. The Jan Vishwas (Amendment of Provisions) Bill, 2026, was passed in the Rajya Sabha with a voice vote after Commerce and Industry Minister Piyush Goyal replied to a discussion on the legislation. The Bill was passed by the Lok Sabha on Wednesday. The minister said the ...Read More >
Investing.com -- India's securities regulator proposed allowing companies to undertake share buybacks through the open market, according to a discussion paper released on Thursday by the Securities and Exchange Board of India. Under the proposal, companies would be permitted to buy their shares directly on stock exchanges through a dedicated window. SEBI has requested public comments by April 23. The regulator stated that new tax amendments introduced by the government addressed earlier concer ...Read More >
MUMBAI, April 2 (Reuters) - India's sugar production is set to fall below consumption for a second straight year, as lower cane yields force mills to close faster than usual, trade officials told Reuters on Thursday. Lower output, coupled with rising exports, is likely to reduce domestic stockpiles and support local prices, which had been under pressure due to surplus supplies. "Sugar production is unlikely to exceed 28 million metric tons this season," said the India head of a global trade ho ...Read More >
Mumbai, Apr 2 (PTI) Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee. Rebounding more than 2,000 points from the day's low, the 30-share BSE Sensex finally settled higher by 185.23 points, or 0.25 per cent, at 73,319.55. The index opened lower and tanked further by 1,588 points to hit ...Read More >
Mumbai, April 2: Indian equity benchmark indices recovered from early losses and ended higher on Thursday, extending their gaining streak to a second straight session, supported by strength in IT stocks and a firmer rupee against the US dollar. The Nifty closed 0.15 per cent higher, gaining 33.70 points to settle at 22,713.10. The Sensex also ended in the green, rising 185.23 points or 0.25 per cent to finish at 73,319.55. Commenting on Nifty technical outlook, experts said that the 22,200-22,1 ...Read More >
(RTTNews) - Indian shares reversed steep early losses to end modestly higher on Thursday. Domestic markets staged a gap-down opening, with benchmark indexes Sensex and Nifty declining around 2 percent in early trade, as U.S. President Donald Trump's address to the nation on the war in the Middle East damped hopes for a swift resolution to the conflict. The dollar and bond yields surged, and oil prices jumped more than 7 percent after Trump said the U.S. military goals were "nearing completion, ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Indian equity benchmark indices recovered from early losses and ended higher on Thursday, extending their gaining streak to a second straight session, supported by strength in IT stocks and a firmer rupee against the US dollar. The Nifty closed 0.15 per cent higher, gaining 33.70 points to settle at 22,713.10. The Sensex also ended in the green, rising 185.23 points or 0.25 per cent to finish at 73,319.55. Commenting on Nifty technical outlook, experts said tha ...Read More >
Mumbai: Stock markets bounced back strongly on Thursday after a sharp fall in early trade, helped by buying in IT stocks at lower levels. Both benchmark indices, Sensex and Nifty, recovered all their losses and turned positive during mid-session trade. Sharp Fall In Early Trade The 30-share BSE Sensex dropped heavily in the morning, falling 1,588.51 points to an intraday low of 71,545.81. At the same time, the NSE Nifty also declined sharply by 496.85 points, touching a low of 22,182.55. The f ...Read More >
Mumbai: Markets saw a strong intraday recovery after opening weak. The Nifty 50 touched a low of 22,182 and later recovered to trade around 22,526. Similarly, the Sensex rebounded from its low of 71,545 to trade near 72,638, showing a steady pullback from early losses. Value Buying At Lower Levels After the sharp decline, investors stepped in to buy quality stocks at lower prices. This value buying helped the indices move up from their lows. Many fundamentally strong stocks attracted fresh int ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. EDX Markets, the crypto exchange backed by Wall Street giant Citadel Securities, has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to a public filing disclosed Wednesday. The move comes as US regulators under the current Trump administration have adopted a more receptive posture toward crypto firms seeking to operate u ...Read More >
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