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The International Energy Agency (IEA) is considering recommending a coordinated release of strategic crude oil reserves—potentially over 100 million barrels initially—to counter rising global oil prices and supply concerns triggered by the Iran war’s impact on energy markets. The plan aims to ease volatility and prevent sharp price spikes.
Market crashes often trigger panic among investors, but experts advise against stopping mutual fund SIPs during volatility. Continuing SIPs helps investors buy more units when prices fall, lowering the average cost over time. Staying invested through market cycles and focusing on long-term goals can help investors benefit when markets eventually recover.
The Centre said panic buying and hoarding of LPG cylinders across India are driven largely by misinformation about a supply crisis. Officials assured that additional LPG has been procured and supplies remain adequate. Authorities urged citizens not to panic-book cylinders, warning that rumours and hoarding could disrupt distribution and worsen temporary shortages.
On March 11, 2026, Indian markets fell sharply amid rising oil prices after the US-Iran war escalated. Sensex dropped 1,342 points to 76,863, and Nifty50 fell 394 points to 23,866. Auto, financial services, and private banks underperformed, while pharma, oil & gas, and healthcare sectors gained. Recent attacks on ships near Iran intensified investor concerns.
Escalating tensions around Iran and disruptions to oil routes are testing India’s diplomacy. As a major oil importer, India must balance relations with the U.S., China, and BRICS partners while protecting energy supplies. The crisis highlights India’s neutral foreign policy and the challenge of securing affordable oil without damaging strategic ties.
Gold and silver prices in Hyderabad rose for the second consecutive day. The cost of 10 grams of 24-carat gold climbed ₹930 to ₹1,63,310, while 22-carat gold for jewelry increased ₹850 to ₹1,49,700. Silver prices also edged up by ₹100 per kg, reaching ₹3,00,100. Similar price trends were observed in Andhra Pradesh and Telangana, reflecting […]
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, March 11, 2026. The Sensex started trading today at 78,312.27, up at 108.05 points or 0.14%, and the Nifty was at 24,285.15, up at 25.20 points or 0.11%. Meanwhile, the Indian rupee was trading today at 91.01 against the dollar.
The Indian government has relaxed foreign direct investment (FDI) rules for countries sharing land borders with India, including China, Bangladesh, Pakistan, Nepal, Bhutan, Myanmar and Afghanistan. Under amendments to Press Note 3 of 2020, small‑ticket investments and stakes up to 10% may now receive automatic approval, with clearer beneficial ownership rules.
The ongoing Iran conflict has disrupted exports of Indian watermelons to Middle Eastern countries during the Ramzan season. Shipments to markets like the UAE, Qatar and Oman slowed, leaving surplus produce in India. As fruits meant for export flooded domestic markets, wholesale prices dropped sharply, affecting farmers and traders dependent on overseas demand.
Major international carriers like Qantas Airways, Air New Zealand and others have increased airfares as jet fuel prices climb sharply amid the ongoing Iran‑related conflict. Airlines link the higher ticket prices to rising fuel costs driven by global oil market volatility and disrupted supply routes, with some carriers also reconsidering capacity and financial forecasts.
Government sources say India currently has sufficient LPG stock, and there’s no need to raise prices despite global supply concerns linked to the Iran‑related crisis. Officials have assured that commercial and household cooking gas supplies are stable, aiming to calm markets and prevent panic buying. This comes as restaurants face shortages due to supply disruptions.
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.