The Financial Action Task Force (FATF), in its latest report, has said that stablecoins are increasingly being favoured for illegal activities, including money laundering and terror financing, with indications that state-linked actors in Iran and North Korea are also using them for operations such as proliferation financing and weapons procurement. Stablecoins are a type of…
Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee staged a strong recovery from its record low against the U.S. dollar on Tuesday (March 10, 2026), gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices over hopes of de-escalation of the ongoing…
Foreign Institutional Investors offloaded equities worth ₹6,345.57 crore on Monday (March 9), according to exchange data. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended nearly 1% higher on Tuesday (March 10, 2026) after two days of massive decline, following a drop in crude oil prices and recovery in global peers…
Union Finance Minister Nirmala Sitharaman. File | Screengrab: RSTV via PTI Photo The government on Tuesday (March 10, 2026) sought Lok Sabha approval for gross additional expenditure of over ₹2.81 lakh crore in current fiscal year. Parliament Budget session LIVE: Lok Sabha discusses resolution to remove Birla; Rajya Sabha discusses working of the Rural Development…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The government on Tuesday (March 10, 2026) eased norms for foreign direct investment (FDI) from all countries, including China, that share land borders with India, sources said. They said press note 3 of 2020 has been amended in this regard. The decision was taken…
Earlier this week, the Union government had invoked the Essential Commodities Act for prioritising LPG supply to domestic consumers. | Photo Credit: Nagara Gopal Invoking the Essential Commodities Act, 1955, the Ministry of Petroleum and Natural Gas (MoPNG) has sought diverting natural gas to certain priority sectors with a tiered structure. Israel-Iran war LIVE: Consequences…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty bounced back sharply on Tuesday (March 10, 2026) early trade after two days of massive decline, following a drop in crude oil prices and recovery in global markets amid hopes that the conflict in West Asia…
India consumes some 31.3 million tonnes of LPG annually. | Photo Credit: K.V. Srinivasan The Oil Ministry has constituted a committee to examine supply issues after a sudden shortage of commercial LPG cylinders alarmed the hospitality sector, with restaurant associations warning that eateries could shut down within days if supplies are not restored. As the…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee rebounded from its all-time low in early trade on Tuesday (March 10, 2026), rising 7 paise to 92.14 as global oil prices fell after U.S. President Donald Trump said the war with Iran may end soon. A weaker greenback and a strong…
Oil prices tanked and equities rallied on Tuesday (March 10, 2026) following a wild day of swings that came after Donald Trump said the U.S.-Israel war on Iran would be ending earlier than thought. As the crisis in the crude-rich West Asia continued into a second week, with seemingly little sign of a conclusion on…
