Spike in oil, U.S. yields seen dragging Indian bonds lower Indian government bonds are set to decline on Thursday (March 12, 2026), tracking a spike in crude oil prices and U.S. Treasury yields, while the benchmark bond could see some selling pressure after the central bank did not include the note in its debt purchase…
The International Energy Agency (IEA) on March 11, 2026 asked member countries to release 400 mn barrels from oil reserves. | Photo Credit: AFP India on Wednesday (March 11, 2026) welcomed the International Energy Agency’s (IEA) decision to release emergency oil stocks to stabilise markets amid supply disruptions triggered by escalating tensions in West Asia….
Image for representation | Photo Credit: Getty Images The rupee fell 4 paise to 91.89 against U.S. dollar in early trade on Wednesday (March 11, 2026) weighed down by FII outflows and the unrelenting conflict in the Middle East. However, a weaker greenback and falling global crude oil prices prevented sharper loss in the local…
The 30-share BSE Sensex tumbled 1,342.27 points or 1.72%, to settle at 76,863.71 and the 50-share NSE Nifty tanked 394.75 points or 1.63%, to end at 23,866.85. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended nearly 2 per cent lower on Wednesday (March 11, 2026) after a day’s breather following…
At the interbank foreign exchange, the rupee opened at 91.92 against the U.S. dollar and traded in the range of 91.85-92.06 before settling at 92.01 (provisional), down 16 paise from its previous close. File. | Photo Credit: Reuters The rupee declined 16 paise to settle at 92.01 (provisional) against the U.S. dollar on Wednesday (March…
Image for representational purposes only. | Photo Credit: The Hindu Benchmark indices Sensex and Nifty drifted lower in early trade on Wednesday (March 11, 2026) after a day’s breather amid the ongoing tensions in West Asia and sustained foreign fund outflows. Selling in blue-chip bank stocks also dragged the markets lower. The 30-share BSE Sensex…
Following a communication from the oil marketing companies on Monday (March 9, 2026) that LPG cylinder supply will be affected because of the U.S.- Israel war on Iran, hotels in Coimbatore district have decided to cut down on service timings and menus. Hotels and retirement communities are exploring alternative sources of fuel. The Sree Annapoorna…
For gold, the extreme volatility in energy prices has increased concerns over inflation, in turn reducing expectations that the Federal Reserve and other central banks will be able to cut interest rates. Gold advanced after a report that the International Energy Agency is proposing the largest-ever release of oil reserves to ease a supply shock…
Reliance Industries is looking to maximise production of liquified petroleum gas (LPG) from their refining and petrochemicals complex in Jamnagar, as well as seeking to divert natural gas produced from the KG-D6 basin to support supply to priority sectors, the privately-owned refiner informed on Tuesday (March 10, 2026). “Our teams are working around the clock…
The ongoing conflict involving Israel, United States and Iran has begun affecting domestic supply chains, with disruptions in commercial LPG supply. Image for representation | Photo Credit: M. Periasamy The war between the U.S.-Israel and Iran has put stress on the country’s liquefied petroleum gas (LPG) supply, which was already heavily import dependent and in…
