The central government has increased commercial LPG supply to 70% of pre-war levels amid West Asia tensions. The move aims to ensure steady availability for businesses like hotels and restaurants. Officials said India’s fuel supply remains stable, and steps are being taken to avoid shortages despite global disruptions and rising concerns over energy supplies.
Online trading platforms are making it easier for Indians to invest in global markets. With simple apps and tools, users can buy international stocks, track trends, and manage investments anytime. These platforms offer learning resources, low costs, and quick access, helping more people explore global opportunities and grow their money beyond Indian markets.
The Indian stock market fell sharply as uncertainty over US-Iran talks worried investors. Sensex dropped 1,690 points to 60,820 and Nifty closed at 22,820. MidCap and SmallCap indices fell 2.24% and 1.88%. PSU banks, realty, and auto sectors lost the most, while IT stocks performed relatively better.
Petrol prices in India include crude oil cost, dealer margins and big taxes from both central and state governments, so a large part of what you pay goes to taxes. Oil price rises due to global tensions also affect costs, and recent excise duty cuts aim to ease the burden on drivers.
The Indian rupee has fallen to a record low near ₹95 against the US dollar due to rising global oil prices, FPI capital outflows, and investor fears tied to the West Asia conflict. Higher crude costs increase India’s import bill and pressure the currency, while foreign investors are selling Indian assets and moving money to […]
In Hyderabad’s bullion market, silver witnessed a steep decline today, dropping ₹15,000 per kg to settle at ₹2,45,000. In contrast, gold prices saw a slight upward movement. The rate of 24-carat gold rose by ₹160 to reach ₹1,44,710 per 10 grams, while 22-carat gold gained ₹150, touching ₹1,32,650. The mixed trend reflects ongoing fluctuations in […]
India’s benchmark indices BSE Sensex and Nifty 50 tumbled over 1% on March 27, reflecting investor anxiety amid escalating tensions involving US, Israel, and Iran. Weak global cues and uncertainty over diplomatic outcomes rattled sentiment, while the rupee slipped to 91.11 per dollar. The sharp decline highlights market vulnerability to geopolitical shocks.
TVS Srichakra Ltd reported receiving a demand notice of Rs 29.47 crore, including tax and interest, from the Income Tax Department. The notice, for FY 2017-18 (AY 2018-19), cites disallowances and proposes a penalty for underreporting of income, as per an order issued by the Assessing Officer, impacting the company’s financials significantly.
The government has outlined the timeline and scope of the 8th Pay Commission, currently gathering stakeholder inputs with a submission deadline of March 31, 2026. Revised pay scales are tentatively set for January 1, 2026, but implementation depends on the final report. Fiscal impact remains unclear, with key decisions pending on salaries, pensions, and allowances.
Ola Electric launched its “#EndICEAge” campaign to boost India’s shift to electric mobility. The offer includes the Gen 3 S1 X (2 kWh) and Roadster X (2.5 kWh) at Rs 49,999, with benefits up to Rs 50,000, valid until March 31, 2026. Ola aims to make EVs a compelling alternative amid rising fuel prices and […]
India’s Reliance Industries clarified it has not purchased crude oil of Iranian origin, rejecting recent media reports alleging otherwise. Earlier, media had reported the company bought 5 million barrels after a US temporary waiver, but Reliance responded with a statement categorically denying the purchase and calling the reports incorrect.
Leading tiles and bathware brand Kajaria has launched its latest TV commercial, “Log Toh Poochenge Hi,” featuring superstar Ranveer Singh and pan-India star Rashmika Mandanna. The visually striking campaign is already captivating audiences, strengthening the brand’s appeal among consumers and design enthusiasts nationwide.
Iranian oil is unlikely to bridge India’s widening crude supply gap due to limited availability and logistical challenges. Compared to abundant Russian supplies, Iranian volumes are small and come with complications like sanctions, payment issues, and shipping risks. Refiners also face operational hurdles, making Iranian crude a less viable and insufficient for India .