Business

March 9, 2026 6:21 PM

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Sensex Tanks 1,353 Points; Nifty Slips 422 Points

Benchmark domestic equity indices closed over 1.7 per cent lower today. The Sensex tanked one thousand and 353 points to close at 77 thousand and 566, while the Nifty dropped 422 points to settle at 24 thousand and 28.    Earlier today, markets opened with a sharp gap-down amid a surge in crude oil ...

March 9, 2026 5:09 PM

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India Secures Oil, Gas Reserves Amid Global Uncertainties

The government has said that the country’s proved Estimated Ultimate Recovery is over one thousand 900 Million Metric Tonnes (MMT) for crude oil and more than one thousand 800 Billion Cubic Meter (BCM) for natural gas. In a written Reply in the Rajya Sabha today, Minister of State for Petroleum and ...

March 9, 2026 4:25 PM

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Govt Monitors Oil Prices, Acts to Control Inflation

The Government has undertaken a series of administrative measures, including fiscal and trade policy, to control inflation and mitigate its impact on the common citizens. In a written reply in Lok Sabha today, Finance Minister Nirmala Sitharaman said that the medium-term impact of the global crude o...

March 8, 2026 7:23 PM

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Phase Two of Budget Session Commences on March 9

The second phase of budget session of Parliament will commence tomorrow and will continue till 2nd of April. Lok Sabha is scheduled to take up a resolution seeking removal of Speaker Om Birla tomorrow. The notice will be moved by three Congress members, Mohamed Jawed, K Suresh and Mallu Ravi. If the...

March 8, 2026 4:20 PM

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Crude Oil Emerges as Key Factor for Market Movements

Across world markets, investors are watching weekend developments in the widening conflict between the US, Israel and Iran, disruptions to global shipping and energy markets, and recent comments from US President Donald Trump. Market attention will also be on key economic releases this week, includi...

March 6, 2026 7:22 PM

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India’s Forex reserves reach record high of over 728 billion USD

India’s foreign exchange reserves surged by more than 4.88 billion US dollars (USD) to an all-time high of over 728.49 billion dollars during the week ended on February 27. According to the Reserve Bank of India, the value of gold reserves, a key component of foreign exchange reserves, increased by ...

March 3, 2026 1:11 PM

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Crude Prices Stabilize After Surge Amid West Asia Tensions

Crude oil prices steadied today after a sharp surge in the previous session amid escalating tensions in West Asia. According to media reports, US crude futures rose 1.4 per cent to 72.23 dollars a barrel, while Brent crude gained nearly 1.9 per cent to trade at 79.2 dollars in the early trade. The s...