Gold and silver prices experienced a sharp decline in the Hyderabad bullion market today. The 10-gram rate of 24-carat gold dropped by ₹770 to ₹1,62,110, while 22-carat gold, used for jewellery, fell ₹700 to ₹1,48,600. Silver prices also decreased by ₹5,000 to ₹2,90,000. Despite the fall, the rates remained almost unchanged across both Telangana and […]
IT authorities monitor large bank transactions to curb tax evasion. Depositing over ₹10 lakh in cash in a savings account within a year triggers automatic reporting to the IT dept. Similarly, spending more than ₹10 lakh on foreign travel or purchases raises scrutiny. Experts advise planning high-value transactions carefully to avoid notices with the IT […]
The Indian stock market opened lower today, March 6, 2026. At the time of opening, the Sensex slipped 551 points to 79,464.77 and the Nifty fell 161 points to 24,605.15, despite starting at record highs. The Indian rupee traded at 91.01 against the dollar, while global oil markets reacted sharply to rising tensions amid the […]
The EPFO has launched an auto‑settlement system for provident fund withdrawals, allowing verification and fund transfer via software without official intervention. Private employees can receive their PF claims instantly by updating Aadhaar and bank KYC. Even inactive accounts with balances under ₹1,000 will be credited directly and reducing delays.
A group of marine war‑risk insurers based in London issued cancellation notices for coverage of oil tanker transits through the Strait of Hormuz amid the Iran‑Israel conflict, effectively stopping tanker traffic without military action. Without insurance, shipowners won’t risk passage, leaving the vital corridor closed and highlighting crucial underwriting decisions.
Indian benchmark indices rallied strongly, marking their best session in over a month as easing US-Iran tensions boosted investor sentiment. The Nifty50 rose 285.40 points to 24,765.90, while the Sensex jumped 899.71 points to 80,015.90. Adani Ports, Hindalco, and L&T led gains. Midcap and smallcap stocks outperformed, with metal shares emerging as top performers.
Cyber experts caution the public against scams promising quick CIBIL score boosts on social media. Fraudsters target individuals with low credit scores, collecting money under false pretenses. In reality, your CIBIL score reflects financial discipline, timely EMI payments, and clearing dues. However, no legitimate service can raise it instantly for cash.
The Sensex and Nifty opened at fresh record levels in early trade on Thursday, March 5, 2025. The Sensex started trading today at 79,438.27, up at 323.05 points or 0.41%, and the Nifty was at 24565.15, up at 85.20 points or 0.35%. Meanwhile, the Indian rupee was trading today at 91.11 against the dollar.
Banks in Andhra Pradesh and Telangana will observe several holidays in March 2026 due to top festivals and weekends. Key closures include Holi on March 3, Ugadi around March 19, Eid‑ul‑Fitr on March 20-21 and Ram Navami on March 27, along with second and fourth Saturdays and Sundays. Customers are advised to plan banking transactions […]
The Indian rupee fell sharply on March 4 and hit a record low of ₹92.16 against the US dollar due to rising crude oil prices and global market fears after the Iran crisis. A stronger dollar, heavy selling in Indian markets and foreign fund withdrawals also put pressure on the currency, weakening it further.
A stock market crash in South Korea shows deeper risks tied to energy supply through the Strait of Hormuz, a key oil route threatened by the Iran–U.S.–Israel conflict. Because South Korea’s chip factories and global AI production rely on imported energy, higher fuel costs and supply fears are adding stress to markets beyond just Korea.
On March 4, 2026, Indian stock markets fell for the third day, as US-Iran tensions worried traders. The Sensex dropped 1,123 points to 79,116, its 10-month low, and Nifty50 fell 385 points to 24,481, a six-month low. MidCap and SmallCap stocks fell over 2%, while only the IT sector ended higher among all sectors.
At 2:30 PM IST, the BSE Sensex plunged 973 points (-1.21%) to 79,264.88, while the NSE Nifty-50 fell 341 points (-1.37%) to 24,525.60 as geopolitical tensions surged. The rupee was trading at ₹92.36 per US dollar. Conflict in the Middle East intensified after Iran launched new missile strikes, and Israel reported hitting key targets in […]
Indian stock markets tumbled today as escalating US-Iran tensions and rising oil prices spooked investors. The Sensex fell 1,710 points to 78,528, while the Nifty dropped 477 points to 24,389. Midcap and smallcap indices also opened lower. Market breadth was weak, with 2,211 stocks declining against 261 gainers, reflecting widespread selling pressure.