The Route Through Hormuz Opens for India!!!
Because of rising tension in West Asia, Iran has taken an important decision. Instead of fully closing the Strait of Hormuz—one of the world’s most important sea routes—it has allowed ships from a few “friendly countries,” including India, to pass through. This route connects the Persian Gulf to the Gulf of Oman, and about 20%…
The government cuts petrol and diesel excise duties by Rs 10 per litre.
Due to the ongoing US-Israeli war on Iran and Tehran’s efforts to limit shipping via the Strait of Hormuz, the government has lowered the special supplementary excise charges on gasoline and diesel in the midst of the world oil crisis. The excise tax on petrol has been lowered from Rs 13 to Rs 3 per…
The centeral government will continue to target as 4% inflation until 2031.
For the next five years, concluding on March 31, 2031, the Center announced the inflation target on Wednesday, maintaining it at 4% with a tolerance range of two percentage points on either side. This target band has successfully anchored inflation expectations between 2016 and 2026, according to evaluations of the framework. The administration maintained the…
Sensex up 1,400 points, Nifty up 2%; the rally is mostly driven by optimism for a US-Iran ceasefire.
On Wednesday, the major equity indices Sensex and Nifty continued their upward trend for a second day in a row, increasing by as much as 2%. A significant drop in crude oil prices and encouraging signals from Asian markets about expectations of a de-escalation in the war in West Asia bolstered the gains. The Sensex…
Rupee burden is increased by Middle East tensions: FinMin
Even if the macroeconomic foundations of the Indian economy are still solid, rising crude oil prices in the midst of the ongoing crisis in the Middle East have put further pressure on the rupee, Minister of State for Finance Pankaj Chaudhary told parliament on Tuesday. Up until March 17, 2026, the Rupee (INR) had lost…
Forex reserves are sufficient to buffer external shocks, while the RBI warns of increased threats to world economy.
The Reserve Bank of India (RBI) stated on Monday that new US trade investigations and the military war in the Middle East, which was sparked by combined US and Israeli assaults on Iran, have raised volatility in international financial markets. In its State of the Economy report, the central bank stated that the global economic…
State revenue growth decreases while capex increases
State governments’ capital expenditures from April to February indicate a varied but steadily improving investment cycle, with some large states continuing to invest in infrastructure while others falter due to budgetary constraints. In the first eleven months of 2025–2026, the total capital outlay by 18 main states increased 9.5% year over year to Rs 4.76…
Nifty ends close to 22,500, Sensex settles 1,800 points lower; six key factors lead to the market crash
As the crisis in West Asia entered its fourth week and drove up crude oil prices, the major indexes Sensex and Nifty finished substantially lower on Monday, following dismal global indications. Investor sentiment was also impacted by persistent withdrawals of foreign funds. The Nifty as a whole closed at an 11-month low of 22,512.65, down…
Gold falls 17% from the top, and silver drops 42%. What are you going to do now?
At about $70, silver has dropped 42% from its peak price of $121. Gold has also suffered; it is currently down 17% from its peak of $5,602, selling at about $4,666. The recent decline in both metals has confused a lot of investors. Their gold and silver portfolios are currently losing money for those who…
Crude oil effect – Cotton prices soon jump!
As crude oil prices continue to rise, the cost of Man-Made Fibres (MMF) is also on the ascent. MMF refers to synthetic fibres—such as polyester—which are derived from crude oil; consequently, whenever oil prices rise, the cost of these fibres automatically increases as well. Due to this situation, many textile mills have now begun shifting…
