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India raised aviation turbine fuel (ATF) prices for domestic scheduled carriers across metros from April 1. The government said ATF prices were expected to surge over 100% due to global disruptions, but OMCs passed on only a 25% staggered hike to domestic airlines to limit the impact on fares, while non-scheduled operators and charters bear the full increase.The price of aviation turbine fuel (ATF) for domestic scheduled airlines has been increased across metro cities effective April 1, though t ...Read More >
Mumbai, Apr 1 (PTI) The rupee gained 15 paise to 94.70 against US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and retreating American currency overseas. The local currency, however, remained under pressure due to higher crude oil prices and sustained withdrawal of foreign funds even as banks moved to cut their net open position in the currency following the RBI mandate, forex traders said. Through its circular dated March 27, 2026, RBI capped the Net ...Read More >
Mumbai, Apr 1 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday, tracking a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. The 30-share BSE Sensex jumped 1,899.53 points to 73,847.08 in early trade. The 50-share NSE Nifty surged 572.55 points to 22,903.95. All the 30-Sensex firms were trading higher, with Trent, Bharat Electronics, Adani Ports, Bajaj Finance, InterGlobe Aviation and Larsen & Toubro emergin ...Read More >
Mumbai, April 1: Domestic stock markets on Wednesday opened sharply higher with a gap-up start, tracking positive global cues from the US and Asian markets amid hopes of de-escalation in the West Asia conflict -- now in the 33rd day of the conflict. The 50-scrip Nifty opened at 22,899, rising 567 points or 2.54 per cent, while Sensex began the session up 1,814 points, or 2.52 per cent, at 73,762.43. Sector-wise, all indices traded in green, led by gains in banking, auto and IT stocks. On the bro ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): India's benchmark indices staged a sharp rebound at the opening bell on Wednesday, tracking a relief rally in global equities amid easing geopolitical tensions. The BSE Sensex opened at 73,630.84, surging 1683.29 points or 2.34% at 9:17 am, compared to its previous close of 71,947.55 on Monday. Similarly, the NSE Nifty 50 began the session at 22,823.05, up 491.65 points or 2.20%, after ending Monday at 22,331.40. Also Read | Stock Market Today: Mass ...Read More >
Mumbai: India's benchmark indices staged a sharp rebound at the opening bell on Wednesday, tracking a relief rally in global equities amid easing geopolitical tensions. The BSE Sensex opened at 73,630.84, surging 1,683.29 points or 2.34% at 9:17 am, compared to its previous close of 71,947.55 on Monday. Similarly, the NSE Nifty 50 began the session at 22,823.05, up 491.65 points or 2.20%, after ending Monday at 22,331.40. In the currency market, the Indian Rupee opened weaker at 96.71 against ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): India's benchmark indices staged a sharp rebound at the opening bell on Wednesday, tracking a relief rally in global equities amid easing geopolitical tensions. The BSE Sensex opened at 73,630.84, surging 1683.29 points or 2.34% at 9:17 am, compared to its previous close of 71,947.55 on Monday. Similarly, the NSE Nifty 50 began the session at 22,823.05, up 491.65 points or 2.20%, after ending Monday at 22,331.40. In the currency market, the Indian R ...Read More >
Mumbai, April 1 (SocialNews.XYZ) Domestic stock markets on Wednesday opened sharply higher with a gap-up start, tracking positive global cues from the US and Asian markets amid hopes of de-escalation in the West Asia conflict -- now in the 33rd day of the conflict. The 50-scrip Nifty opened at 22,899, rising 567 points or 2.54 per cent, while Sensex began the session up 1,814 points, or 2.52 per cent, at 73,762.43. Sector-wise, all indices traded in green, led by gains in banking, auto and IT ...Read More >
Amaravati, Mar 31 (PTI) Andhra Pradesh Minister Nadendla Manohar on Tuesday said there is no shortage of petrol, diesel, or cooking gas in the state and assured that adequate supplies are available to meet demand. He said the state government is taking steps to introduce Piped Natural Gas (PNG) supply across the state soon, adding that efforts are underway to expand its coverage and encourage consumers to switch. "There is no shortage of petrol, diesel, or cooking gas in the state. People shou ...Read More >
Vijayawada: Civil supplies minister Nadendla Manohar on Tuesday assured that there is no shortage of petrol, diesel or cooking gas in the state, urging people not to panic or believe rumours about supply disruptions. Addressing a press conference at the civil supplies state office in Kanuru here, the minister said the coalition government has ensured uninterrupted availability of essential fuels across the state. He noted that misinformation circulating on social media had triggered a sudden su ...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 >
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 >
JAMMU: Minister for Food, Civil Supplies & Consumer Affairs, IT, Transport, Youth Services & Sports, and Science & Technology, Satish Sharma, today conducted an extensive inspection of LPG bottling plants being operated by the Indian Oil Corporation Limited and Hindustan Petroleum Corporation Limited at Bari Brahmana. He reaffirmed government's commitment towards ensuring seamless availability of essential commodities to the public. During his visit, the Minister carried out a comprehensive on ...Read More >
MUMBAI: The rupee, which has been bleeding since October 2024, ended FY26 on a bloody note, losing 9.5% at 94.83 after breaching the 95-mark on the last trading day of the year, making it the sharpest fall against the greenback in as many as 14 years and becoming the worst Asian currency for the second year on the trot. Last financial year also, the rupee was the worst Asian currency, losing nearly over 2.5% and the third worst in the world after the Turkish lira and the Argentinian peso, which ...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, Mar 31 (PTI) India added more than 3.1 lakh new piped natural gas (PNG) connections in March and another 2.7 lakh connections were issued as the government accelerated expansion of cleaner fuel networks amid supply disruptions following the closure of the Strait of Hormuz. With the war in West Asia disrupting cooking gas LPG supplies, the government has been pushing for greater adoption of piped natural gas - considered more convenient than LPG cylinders for everyday use as gas is de ...Read More >
New Delhi, March 31 (SocialNews.XYZ) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday. More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, ...Read More >
March 31 (Reuters) - India's Zetwerk has filed confidential draft papers with the market regulator for its initial public offering, a newspaper advertisement on Tuesday showed. Earlier this month, Reuters reported that the contract electronics manufacturer was aiming to raise up to $550 million at a valuation of about $4 billion. The company is targeting a listing later this year, the sources said, adding that the IPO includes about $300 million in fresh equity, with the remainder coming from ...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 >
Mumbai : Mirae Asset Sharekhan announced the launch of the Mirae Asset India Research Centre, a unified digital research platform designed to strengthen investor decision-making with clear, credible and process driven market insights. The Research Centre was launched in Q1 of CY2026. As participation in India's capital markets widen, the real challenge for investors isn't finding information -- it's cutting through the clutter. With so much fragmented data across equities, derivatives, mutual f ...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: 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, Mar 30 (PTI) The widening conflict in West Asia has driven a sharp 60 per cent surge in feedstock natural gas prices for fertiliser plants which is expected to raise the government's subsidy burden. With the conflict disrupting energy supply lines, supply of natural gas -- a primary feedstock for producing ammonia, which is the building block for nitrogen-based fertilisers -- has been restricted to 80 per cent of the demand. To meet the deficit, fertiliser companies are buying lique ...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 >
MUMBAI: A year that started with volatility with the US President Donald Trump's liberation day announcement that left global investors jittery, ended with even more volatility due to the war in West Asia, also started by the US President.After a record rally in terms of investor wealth in the domestic market, they are back exactly where they started: BSE's market capitalisation is at Rs 412 lakh crore on the last trading session of fiscal 2026, exactly where it was on March 31, 2025.Among the l ...Read More >
Gangtok (Sikkim) [India], March 31 (ANI): Sikkim Chief Minister Prem Singh Tamang chaired a high-level review meeting at Samman Bhawan on Monday to assess the stock position and distribution of essential commodities across Sikkim, with a focus on ensuring their seamless and uninterrupted availability throughout the state. At the outset, the Secretary of the Food & Civil Supplies Department presented a comprehensive overview of the current LPG stock and the prevailing supply-demand dynamics, whi ...Read More >
The chief minister emphasised the need for heightened vigilance and issued directions to strengthen monitoring mechanisms and strictly curb hoarding, black marketing, and overpricing of the commodities, an official said. Tamang said district administrations and law enforcement agencies have been tasked with maintaining constant oversight. A dedicated 24×7 helpline will be established, while control rooms at both state and district levels are being reinforced to ensure equitable distribution th ...Read More >
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