NTPC, Sun Pharma, Power Grid, UltraTech Cement and Bharti Airtel were the laggards. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty closed nearly 2% higher on Wednesday (April 1, 2026), in tandem with a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. Starting the…
Gross domestic revenues rose 5.9% to over ₹1.46 lakh crore, while those from imports grew 17.8% to ₹53,861 crore. File. | Photo Credit: Getty Images/iStockphoto Gross GST collections grew 8.8% to over ₹2 lakh crore in March, aided by tax mop-ups from domestic sales as well as imports, government data showed on Wednesday (April 1,…
Spot gold rose 3.5% to close at $4,668.06 an ounce in New York. Gold logged its worst month since the global financial crisis despite climbing for a third session Tuesday on signs the US and Iran are open to ending the war in West Asia. The US dollar and Treasury yields retreated further on reports…
Stock markets were closed on March 31, 2026 for Shri Mahavir Jayanti. File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday (April 1, 2026), tracking a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. The 30-share BSE Sensex…
The Credit Market Indicator (CMI) for supply rose in the December 2025 quarter, according to the gold-loan-credit-market. This upward movement in credit supply was primarily the result of a significant increase in gold loan originations across both volume and value. The report noted that “CMI for supply rose in the December 2025 quarter, driven by…
Image for representational purposes only. File | Photo Credit: Reuters The rupee gained 15 paise to 94.70 against U.S. dollar in early trade on Wednesday (April 1, 2026), tracking positive cues from domestic equity markets and retreating American currency overseas. The local currency, however, remained under pressure due to higher crude oil prices and sustained…
Gold tends to thrive in a low-interest-rate environment as it is a non-yielding asset. Gold prices edged higher on Wednesday to their highest in nearly two weeks, supported by a weaker dollar as US President Donald Trump said the war with Iran could wind down within two to three weeks. Spot gold rose 0.4 per…
A cook prepares food amid a shortage of commercial LPG cylinders at Fort in Mumbai. File | Photo Credit: PTI The price of aviation turbine fuel (ATF), or jet fuel, was more than doubled to a record ₹2.07 lakh per kilolitre on Wednesday (April 1, 2026), while commercial LPG rates were raised by ₹195.50 per…
Rising geopolitical instability in West Asia is forcing a reassessment of how India’s macroeconomic strength is measured. As of March 2026, this instability has translated into active macroeconomic stress. The rupee has depreciated to a record low of ₹95 per dollar, the Indian basket of crude oil hit $156.29 per barrel, and the Reserve Bank of India…
“Even if you scale up to say 2 crore, or 5 crore, we are totally sufficient with respect to our domestic consumption,” Anjan Kumar Mishra, Secretary at the Petroleum and Natural Gas Regulatory Board (PNGRB), said. Photo: Special Arrangement India can comfortably cater to the demand of as many as 30 crore domestic piped natural…
