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Following a temporary U.S. sanctions waiver on Iranian oil, Reliance Industries has purchased 5 million barrels of Iranian crude from the National Iranian Oil Company, its first such deal since 2019. The oil was reportedly bought at a slight premium to Brent prices. Delivery timing is unclear, and Reliance hasn’t officially commented on the purchase.
Indian markets rose sharply on March 25, 2026, as oil prices fell amid US President Donald Trump’s remarks on potential Middle East peace talks. The Sensex gained 1,205 points to 75,273, and Nifty rose 392.7 points to 23,305. MidCap and SmallCap indices outperformed. Consumer Durables, Realty, and PSU Banks led gains, while IT lagged.
India’s income tax filing system will see major changes from April 1, 2026, under new rules. Form 16 will be replaced by Form 130, offering more detailed tax information. ITR forms will be redesigned and filing will become more automated and data-driven, aiming to improve accuracy, transparency, and compliance for taxpayers.
The Gulf War’s ripple effects are hitting the Indian markets hard, with hotels shutting down. Domestic gas cylinders are arriving late, while cooking oil prices have skyrocketed by ₹30-40 in just a month, now reaching ₹200. Meanwhile, almond rates have surged by ₹100 per kg and pistachios by ₹200.
Consumers will face higher bills as AC and refrigerator prices are set to climb once more, driven by rising costs of copper, aluminum, and plastic. The price surge is projected between 5-10% for raw materials and up to 4% for regulatory adjustments, with the revised rates expected to take effect by April, impacting household budgets […]
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, March 25, 2025. The Sensex started trading today at 74652.01, up at 583.56 points or 0.79%, and the Nifty was at 23064.40, up at 152.00 points or 0.66%. Meanwhile, the Indian rupee was trading today at 93.92 against the dollar.
The BHIM app has brought a new biometric feature, allowing users to make transactions up to ₹5,000 using fingerprint or facial recognition. To enable it, open the app, visit your profile, select your linked bank account, and turn on the biometric option. Complete verification through your registered fingerprint or face ID to enjoy secure payments […]
Here are the diesel prices per litre in top cities. ★Delhi – ₹87.67, ★Kolkata – ₹92.02, ★Mumbai – ₹90.03, ★ Chennai – ₹92.61, ★Bangalore – ₹90.99, Bhubaneswar – ₹92.51, ★Chandigarh – ₹82.45, ★HYD – ₹95.70, ★Jaipur – ₹90.21, ★Lucknow – ₹87.81, ★ Patna – ₹91.82, ★Trivandrum – ₹96.18. ★Tirupati – ₹97.20, and ★ Vizag R...
Gold and silver lost about $2 trillion in market value despite ongoing Iran‑Israel conflict, unsettling traders because precious metals usually rally during geopolitical turmoil. Rather than safety demand, rising bond yields, a stronger US dollar, and repricing of what “safe assets” mean led investors to sell metals.
Reliance Industries reportedly purchased 5 million barrels of Iranian crude from National Iranian Oil Co., paying a $7-per-barrel premium to ICE Brent futures. The move follows a temporary 30-day US sanction lift under the Trump administration for oil already at sea. Delivery timing remains unclear, and Reliance did not comment on the purchase.
Experts say commercial real estate can be a stable investment during share market volatility, offering rental income and diversification benefits. While property values may fluctuate, long‑term returns and demand in key locations remain positive. Investors should assess risks, location quality, and financing costs before committing, balancing real estate with other assets.
The Indian rupee hit fresh lows near ₹94 against the US dollar amid rising crude oil prices and foreign portfolio investor (FPI) outflows, driven by geopolitical tensions like the Iran war and oil supply fears. Analysts say continued risk aversion and elevated energy costs could push the currency further down, though a drop to ₹100 […]
On March 24, 2026, the Sensex closed 1,372 points higher at 74,068, and the Nifty50 rose 445 points to 22,958, supported by strong gains in auto and banking stocks. MidCap and SmallCap indices also surged over 2%. Traders were buoyed by hopes of US-Iran de- escalation, while Pharma lagged behind other sectors.
A sudden surge in financial trades just minutes before Donald Trump paused planned strikes on Iran has raised insider trading concerns. Massive bets on stock and oil futures reportedly earned around Rs 840 crore in 20 minutes. Analysts noted unusual timing, while authorities denied wrongdoing, even as questions grow over market-moving decisions.
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, March 24, 2025. The Sensex started trading today at 73573.69, up at 877.30 points or 1.21%, and the Nifty was at 22800.10, up at 287.45 points or 1.28%. Meanwhile, the Indian rupee was trading today at 93.71 against the dollar.