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India’s stock markets recovered with the Sensex and Nifty 50 trading higher after recent losses driven by US‑Israel‑Iran tensions and volatile oil prices. Auto and AMC stocks saw gains, while IT shares lagged. Improved global sentiment and crude oil price correction helped lift benchmark indices, though volatility remains amid ongoing geopolitical uncertainty.
A shortage of commercial LPG cylinders has forced several restaurants and hotels in cities like Mumbai, Bengaluru and Chennai to shut or reduce operations. The disruption has worried investors, causing shares of food service and delivery companies such as Swiggy and Eternal to fall. Analysts fear prolonged supply issues could hurt restaurant revenues.
The ongoing Iran-related conflict in West Asia has disrupted global energy supply routes, causing a shortage of commercial LPG cylinders in Indian cities like Mumbai, Bengaluru, and Chennai. Restaurants and hotels that depend on cooking gas are struggling to operate, with some warning of shutdowns. Authorities are prioritising LPG supply to households to avoid shortages.
Bangladesh imported 5,000 tonnes of diesel from India through a pipeline via the Parbatipur border, said Muhammad Rezanur Rahman of Bangladesh Petroleum Corporation. The shipment is part of a deal under which India supplies 180,000 tonnes annually. At least 90,000 tonnes are expected to be imported within six months under the agreement.
Here are the silver prices per 10 grams today in top cities of India. ★ Chennai – ₹3,000, ★ Mumbai – ₹2,900, ★ Delhi – ₹2,900, ★ Kolkata – ₹2,900, ★HYD – ₹3,000, ★ Bangalore – ₹2,900, ★ Kerala – ₹3,000, ★ Pune – ₹2,900, ★Ahmedabad – ₹2,900, ★ Jaipur – ₹2,900, ★ Lucknow – […]
India’s domestic stock markets are seeing gains today, with the Sensex climbing 423.67 points to 77,989.83 and the Nifty rising 116.05 points to 24,144.10. The Indian rupee is trading steadily at 92.18 against the US dollar, indicating stable market sentiment and investor confidence amid ongoing economic and financial developments.
IT stocks rebounded strongly despite recent heavy losses, with Wipro, LTM, HCL Technologies, and Coforge posting gains. The rally was supported by the rupee’s sharp depreciation against the dollar, boosting earnings for companies with dollar revenue. Investors also stepped in at recent lows, providing buying support after last month’s decline in IT shares.
The Iran war and tensions around the Strait of Hormuz sparked panic buying of LPG cylinders in parts of India, with long queues reported in Delhi-NCR and other regions. Some consumers even paid up to ₹1,500 on the black market. Officials say supplies remain adequate, urging people to avoid hoarding despite rising demand and booking […]
The escalating Iran-Israel conflict is raising concerns over India’s energy security, as the country imports over 80% of its crude oil from overseas. Any disruption in Middle East supply routes could sharply increase prices and inflation. Analysts warn that prolonged tensions may widen India’s trade deficit and pressure the rupee and domestic fuel costs.
Indian equity indices recovered slightly from intraday lows, with the Nifty50 falling 1.73% to 24,028 and Sensex down 1.71% at 77,566. Brent crude eased to $104.35 from $120. Broader markets lagged; MidCap and SmallCap dropped 1.97% and 2.22%. PSU Banks led losses, down 3.97%, while IT rose 0.08%.
The ongoing Iran conflict has driven global investors into gold, lifting prices above $5,400 per ounce and nearing records. As a result, the total market value of gold has swelled to $30–$35 trillion, surpassing the combined GDP of India and the United Kingdom. This surge reflects geopolitical fear and risk‑hedging, though analysts differ on its longevity.
➢World Kidney Day, ➢1934: Birth of Yuri Gagarin, the first astronaut to go into space, ➢ 1951: Birth of top Tabla scholar Ustad Zakir Hussain, ➢1979: Death of Ayyanki Venkataramanayam, father of the library movement, ➢1994: Death of Dadasaheb Phalke Awardee Devikarani, ‘First Lady of Indian Film,’ and ➢ 1997: Death of Bezawada Gopal Reddy, […]
The Sensex and Nifty opened at fresh record levels in early trade on Monday, March 9, 2025. The Sensex started trading today at 76716.43, down at 2,202.47 points or 2.79%, and the Nifty was at 23786.65, down at 663.80 points or 2.71%. Meanwhile, the Indian rupee was trading today at 92.31 against the dollar.
Contrary to old stereotypes, women are increasingly proving better at managing money than men due to patience, discipline and long‑term planning. From budgeting household expenses to steady investing and saving habits, women focus on stability and careful financial decisions. Experts say these traits help build stronger financial security and outcomes over time.
India is turning to alternative crude suppliers such as the United States, Russia and West Africa as the Iran conflict disrupts oil shipments through the Strait of Hormuz. Indian refiners are securing additional cargoes and delaying maintenance shutdowns to maintain processing levels. Officials say supplies remain stable, though longer shipping routes may increase costs.