Bank holiday today: As March comes to a close, several banks across India are observing a holiday today on the occasion of Mahavir Jayanti.Customers planning visits to bank branches are advised to check the holiday schedule in advance to avoid inconvenience. States observing bank holiday Banks are closed today in the following states: Gujarat, Maharashtra,…
Asian shares on Tuesday recorded their steepest fall since 2022, as the Middle East war completed a month, fuelling fears of higher inflation and slower economic growth.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 per cent and was on track for a monthly decline of more than 12 per cent, marking its worst…
NEW DELHI : Bharti Airtel on Monday announced an investment of $1 billion by Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, in Nxtra Data, the telecom company’s subsidiary in the data centre business.Airtel will also participate in the round as part of Nxtra’s efforts to expand its network across the country and…
Stock market holiday (AI image) Stock market holiday today: Indian equity markets are closed today in observance of Shri Mahavir Jayanti, with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) marking the first of two trading holidays scheduled for the week.On the commodities front, the Multi Commodity Exchange of India (MCX)…
Oil prices surged sharply on Tuesday, with Brent crude climbing above the $110 per barrel mark and US West Texas Intermediate (WTI) crude trading above $100, as supply concerns intensified amid the widening conflict in the Middle East.Brent crude rose $2.26, or about 2 per cent, to $115.04 a barrel in early trade, after hitting…
NEW DELHI : The country’s industrial output growth accelerated in Feb, led by a recovery in the manufacturing sector, but the West Asia conflict is expected to weigh heavily on the crucial sector in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production rose 5.2 per…
The Indian rupee depreciated 9.88 per cent against the US dollar in FY26, marking its steepest annual decline in 14 years, according to market data as reported PTI.The last comparable fall was in FY12, when the domestic currency had dropped 12.4 per cent amid a widening current account deficit of 4.2 per cent.The sharp depreciation…
NEW DELHI: The Petroleum and Natural Gas Regulatory Board (PNGRB) has put in place a formal ombudsman mechanism for grievance redressal to strengthen consumer protection.Under the new rules, consumers will now have the option to escalate unresolved complaints beyond the company level to an independent authority designated as the ombudsman. The provision comes into play…
In response to disruptions in cargo movement linked to the Middle East crisis, the government has allowed an additional 30 days for the gems and jewellery sector to fulfil specific export and import timelines.The relaxation comes as exporters face delays in consignments to key markets in the region, which accounts for nearly 30 per cent…
US Federal Reserve Chair Jerome Powell on Monday said the central bank can look through the energy price shock triggered by the Middle East conflict, but warned it may need to act if rising costs begin to alter inflation expectations, AFP reported.“The tendency is to look through any kind of a supply shock,” Powell said…
