Indian markets crashed amid escalating US-Iran conflict. Sensex dropped 1,836.57 points to 72,696.39, Nifty50 fell 601.85 points to 22,512.65, and broader indices underperformed. Market cap lost ₹14 trillion. Volatility surged, while sectors like Construction, Realty, and Metal tumbled. Brent crude rose 2.37% to $108.73 per barrel amid Middle East energy threats.
Gold and silver prices fell sharply on March 23, 2026, despite rising Iran war tensions. Strong US dollar, rising bond yields, and fears of prolonged inflation reduced demand for precious metals. Investors shifted towards cash and other assets, while expectations of interest rate hikes further pressured bullion, creating volatility and confusion in global commodity markets.
The Sensex and Nifty opened at fresh record levels in early trade on Monday, March 23, 2025. The Sensex started trading today at 73732.58, down at 800.38 points or 1.07%, and the Nifty was at 22824.35, down at 290.15 points or 1.26%. Meanwhile, the Indian rupee was trading today at 93.82 against the dollar.
Amid an LPG crisis triggered by the Middle East conflict, the Indian government has increased commercial LPG allocation to 50% by adding 20% more supply, supported by improving domestic output. Earlier cuts prioritised household use, affecting businesses. The move aims to ease pressure on hotels, restaurants and industries while stabilising fuel availability.
Top e-commerce site Amazon has come up with fresh offers to beat the ongoing summer heat. Available till March 23, this sale is offering discounts of up to 65% on ACs and fridges from leading brands. Along with additional discounts on bank cards, there are also no-cost EMI exchange offers. This is also a good […]
Industrialist Anil Ambani was questioned by the CBI for a second consecutive day in a ₹2,929 crore SBI fraud case linked to Reliance Communications. The probe follows a 2025 FIR alleging fund diversion and misuse of loans. After hours of interrogation in Delhi, officials said questioning continued as part of an ongoing investigation.
Salaried employees in Hyderabad can now claim up to 50% House Rent Allowance (HRA) exemption, an increase from previous limits, if they live in rented accommodation. This change helps reduce taxable income and boosts take‑home pay for many workers in the city. It applies to those who meet specific eligibility criteria under income‑tax rules.
The Reserve Bank of India injected ₹25,101 crore into the banking system through a three-day variable rate repo (VRR) auction at 5.26% rates. This was far below the notified ₹75,000 crore, despite a sharp drop in surplus liquidity from advance tax payments, highlighting tighter liquidity conditions, the RBI said in its official release.
Zomato has increased its food delivery platform fee from ₹12.50 to ₹14.90 per order (pre‑GST), marking another price rise since September 2025. The hike means customers pay more overall, reflecting cost pressures like rising fuel prices and evolving competition, with rival platforms charging similar fees. The change affects users’ total bill amounts.
On March 20, 2026, Sensex rose 326 points and Nifty50 closed at 23,114 amid energy supply concerns. Broader markets pared intraday gains, with Realty, Financial Services, and Media underperforming. Pharma and PSU Banks led sector gains. Brent crude spiked late as Iran-Israel strikes and dwindling seaborne oil buffers stoked global supply fears.
The Indian rupee has plunged to an unprecedented low, touching Rs 93.49 against the US dollar amid a worsening global oil crisis. Surging crude prices have sharply increased dollar demand, placing intense pressure on the currency. This trend also raises serious concerns over inflation, imports costs, and economic stability ahead.
Premium petrol prices in India have increased by about Rs 2–2.3 per litre, driven by rising global crude oil rates and Middle East tensions. The hike applies to high-octane fuels like XP95 and Power petrol, while regular petrol and diesel remain unchanged. The move helps oil companies offset higher import costs with limited impact on […]
Indian stockmarket indices kicked off today’s session on a strong note. The Sensex climbed 795 points to continue at 75,156, while the Nifty 50 advanced over 251 points, trading at 23,289. Despite the equity rally, the rupee showed weakness, slipping to 92.82 against the US dollar, indicating mixed cues across financial markets in early trade […]