India’s forex reserves dropped by $11.413 billion to $698.346 billion during the week ended March 20 due to a sharp decrease in gold reserves, the Reserve Bank of India (RBI)…
Category: Market
Rupee hits record low past 94/USD as prospect of prolonged Iran war deepens energy risks
The Indian rupee hit a record low past the 94-per-dollar mark on Friday, hammered by worries that the energy supply crisis sparked by the Middle East war will drag on,…
India 10-year yield logs biggest weekly surge since RBI’s surprise hike in May 2022
Indian government bonds plunged on Friday, capping a week of losses, as New Delhi’s fuel excise duty cut clouded the fiscal outlook, intensified oil-driven anxiety, and drove the 10-year yield…
Nifty plunges 487 points, posts fifth straight weekly fall as war fears grip markets
Markets suffered a decisive selloff on Friday, with benchmark indices snapping a two-session recovery and closing sharply lower as geopolitical tensions around the US–Iran conflict, a record rupee depreciation, and…
Investors lose over ₹41 lakh crore since US-Iran war began: Here’s how investors should play the market correction
While markets had already entered 2026 on a weak note, the escalation in the Iran-Israel/US conflict has further tightened the bears’ grip on Dalal Street. Since the beginning of the…
As West Asia makes up 1/5th of India’s agricultural exports, govt monitoring closely, says Jitin Prasada
Countries in the West Asia region, which are a key market for agricultural products exports from India, contribute nearly one-fifth to the total agricultural exports of India, according to the…
Govt reintroduces windfall tax on ATF, diesel
With rising global crude prices, the Finance Ministry has reimposed the windfall gain tax on jet fuel (ATF or Aviation Turbine Fuel) exports with effective levy of ₹29.50 a litre.…
Meta shares trade below 100-DMA after sharp plunge on US court verdicts: Time to buy, sell or hold this tech stock?
Shares of are poised for a flat-to-negative start on Friday, March 27, after a massive decline in the last trading session. Meta’s stock plunged almost 8% in overnight trade, which…
Oil slips on Iran talks, but prices remain elevated
Oil prices were on track for a weekly decline on Friday after US President Donald Trump extended a pause in attacks on Iran’s energy plants for 10 days, though investors…
Sai Parenterals IPO fully subscribed on last day, QIBs, NIIs drive demand
The ₹409-crore initial public offering of Sai Parenterals Ltd was fully subscribed on the final day of bidding, led by strong institutional interest. As of 4.12 pm, the issue was…