Shriram Finance Q3 net profit slips 22% to ₹2,530 crore
Shriram Finance. File | Photo Credit: Special Arrangement Non-bank lender Shriram Finance on Friday (January…
Housing sales in Jan-Mar dip 7% from December quarter due to West Asia conflict, up 9% annually: Anarock
Co-Founder and Chairman, ANAROCK, Anuj Puri. File | Photo Credit: Bijoy Ghosh Housing sales rose 9% annually to over 1.01 lakh units in January-March across the top seven cities on a low-base effect but fell 7% from the previous quarter amid global economic uncertainties due to the West Asia conflict, according to Anarock. Sales increased…
Coal India to set up 8 new coking coal washeries spending ₹3,300 crore
Image for representational purposes only. Photo credit: Special arrangement Seeking to improve the quality of their coking coal, state-owned miner Coal India informed it would be setting up eight new coking coal washeries, with a combined washing capacity of 21.5 million tonnes a year, at an estimated capital outlay of ₹3,300 crores. Of the eight…
Geopolitical tensions drive volatile gold prices, hitting jewellery demand
Gold prices plunged by ₹3,263 or 2 per cent to ₹142,942 per 10 gram on Friday | Photo Credit: REUTERS A surge in geopolitical tensions in West Asia has jolted India’s gold market, triggering sharp price swings and dampening both domestic buying and export demand at a critical juncture for the jewellery trade. Gold prices,…
Rupee slumps to record low past ₹94 per dollar, set for worst fiscal in more than a decade
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee plunged to a record low on Friday (March 27, 2026), sliding past the ₹94-per-dollar mark, with mounting worries over the energy crisis sparked by the West Asia war putting the currency on track for its worst fiscal-year drop in more than a decade….
Stock markets dive over 2% amid geopolitical uncertainties, rising crude prices
Equity benchmark indices Sensex and Nifty tumbled over 2% on Friday (March 27, 2026) after a two-day rally, in tandem with a weak trend in global peers, as the U.S.-Iran conflict continues to be the crucial overhang for markets, raising doubts about a de-escalation of the war. Crude oil prices staying above the $100 per…
Government to review windfall tax imposed on export of diesel and ATF on fortnightly basis: CBIC chief
The government will review the special additional excise duty on diesel and ATF. File picture | Photo Credit: Getty Images/iStockphotos CBIC Chairman Vivek Chaturvedi on Friday (March 27, 2026) said the government will review the special additional excise duty or windfall tax on diesel and ATF (Aviation Turbine Fuel) every fortnight. The move to levy…
Gold rises on dip-buying but heads for fourth weekly loss
Gold rose on Friday on bargain-hunting but remained on track for a fourth straight weekly loss, as the US-Israel war with Iran stoked inflation concerns, lifted the dollar and reinforced expectations of higher interest rates. Spot gold rose 1.1 per cent to $4,425.39 per ounce as of 1018 GMT. Gold was set for a weekly…
Allocation for commercial LPG increased to 70% of pre-conflict levels
Offering further respite to commercial entities seeking supplies of liquified petroleum gas (LPG), the Ministry of Petroleum and Natural Gas (MoPNG) Friday (March 27, 2026) called to increase allocation of the hydrocarbon gas to States and Union Territories (UTs) by another 20%. Thus, taking the total allocation of commercial LPG to 70% of the pre-crisis…
Nifty Fifty: When the safest U.S. stocks became the most dangerous bet
Buying and selling are widely considered the Siamese twins in the world of the stock market. People often buy stocks only to sell them for making profit. But then, there was a different set of stocks which were fondly known by investors and financial experts of the time as ‘one-decision’ stocks, that is, buy and…
Gold futures jump ₹1,997 to ₹1.41 lakh/10g on global rebound
Gold – Metal, Gold Colored, Investment, Savings istock photo for BL | Photo Credit: hallojulie Gold prices rebounded by ₹1,997 to ₹1.41 lakh per 10 grams in futures trade on Friday, tracking gains in global markets and bargain buying by traders after a sharp decline. On the Multi Commodity Exchange (MCX), the yellow metal for…
