HPCL, BPCL, IOC Shares Up After Petrol Excise Duty Cut
Shares of HPCL, BPCL, and IOC surged on NSE and BSE following the government's decision to reduce excise duty on petrol, boosting market sentiment and investor confidence in the oil sector.
Category : Business
Indore Township Bans Bachelor Rentals After Fatal Incident
Following a fatal car accident involving a teenager, Shiv Vatika township in Indore has prohibited renting flats to bachelors. This move, citing resident complaints, reflects a broader trend in the city's housing societies.
Rupee Hits Record Low of 94.1550 Against Dollar
The Indian rupee extended its losing streak, falling 0.2% to a fresh record low of 94.1550 against the US dollar. Persistent FII outflows and Middle East tensions continue to weigh on sentiment, despite supportive cues like lower crude prices.
Rupee Hits Record Low Past 94/USD as Iran War Risks Mount
The Indian rupee has plunged to a new all-time low of 94.1575 per US dollar, surpassing its previous record, as escalating tensions in Iran heighten global energy market uncertainties.
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GIFT Nifty Rises After Petrol, Diesel Excise Duty Cut in India
The GIFT Nifty index showed positive momentum in early trading, influenced by gains in Asian markets and India's excise duty reduction on petrol and diesel. Key stocks like TCS, Infosys, BPCL, HPCL, and IOC are in focus.
Nifty50, Sensex Drop Over 1% Amid US-Iran War Fears
Nifty50 and BSE Sensex fell sharply in Friday's opening trade, with Sensex down over 800 points, as US-Iran tensions and rising crude oil prices weigh heavily on investor sentiment.
Jag Vasant LPG Vessel Reaches Gujarat Port After Hormuz Passage
The Indian LPG carrier Jag Vasant has safely docked at Vadinar Port in Gujarat, following its transit through the strategic and tense Hormuz Strait, ensuring a steady supply of cooking gas.
Govt Cuts Excise Duty on Petrol, Diesel by Rs 10 per Litre
In a major relief for consumers, the Indian government has reduced excise duty on petrol and diesel by Rs 10 per litre. This move aims to ease inflationary pressures and support the economy during global uncertainties.
India Reduces Fuel Duties as Middle East Conflict Impacts Oil
India has revised fuel duties, lowering petrol excise to Rs 3/litre and removing it on diesel, amid global oil supply disruptions from the Middle East conflict affecting crude prices.
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Jewar Airport Land Losers Await Promised Jobs
Youths from six villages near Noida International Airport protest for direct employment with YIAPL, citing broken promises from land acquisition in 2019.
India Cuts Special Additional Excise Duties on Fuel
The Indian government has reduced special additional excise duties on petrol and diesel to provide relief to consumers and manage inflation. This move aims to lower fuel prices and support economic stability.
Financial Literacy a Core Life Skill, Says PM's Advisor
Shamika Ravi, PM's Economic Advisory Council Member, emphasizes financial literacy as a critical life skill, highlighting gaps even among educated professionals and calling for institutional solutions.
Noida Airport Targets 60 Lakh Flyers, Unique Catchment Area
Noida International Airport, set to open this summer, will draw passengers from western UP and eastern NCR, distinct from Delhi's IGI. CEO Christoph Schnellmann details plans for 60 lakh passengers in year one, cultural design, and phased operations.
UP Sugar Crisis: Cane Shortage Threatens Season Output
Uttar Pradesh, India's top sugar producer, faces a 2-3% sugarcane shortage due to weather and crop disease, forcing early mill closures and risking reduced sugar production for 2025-26.
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West Asia War Hits Kanpur Industries: 50% Production Drop
The West Asia conflict severely impacts Kanpur's industries, causing a 50% production decline, factory shutdowns, and job losses. Industrialists warn of a major crisis if tensions persist for 20 more days.
UBS Cuts Cipla Target; Bajaj Finserv, LG India, Others Rated
UBS downgrades Cipla's target price to Rs 1,400 amid supply issues, while Motilal Oswal initiates coverage on Bajaj Finserv. Jefferies, Nomura, CLSA, and JP Morgan issue ratings on LG India, EClerx, Coforge, and United Spirits, highlighting market trends.
EOW Chargesheet in ₹217 Crore Gurgaon Housing Fraud
The Economic Offences Wing has filed a chargesheet against a developer for allegedly cheating over 1,000 homebuyers in a Gurgaon affordable housing project, with misappropriated funds exceeding ₹217 crore.
Bajaj Broking Picks Granules India, RBL Bank for March 2026
Bajaj Broking Research recommends Granules India and RBL Bank as top stocks for March 27, 2026, with Nifty and Bank Nifty expected to consolidate amid geopolitical tensions and global market volatility.
Bengaluru-Navi Mumbai Flights Increased by Three Airlines
IndiGo, Akasa Air, and Air India Express are expanding flight operations from Bengaluru to Navi Mumbai's new airport, enhancing connectivity and capacity for travelers in India's aviation sector.
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Air India Adds 22 Flights to West Asia as Demand Spikes
Air India has significantly increased its operations to West Asia, launching 22 new flights today to meet rising passenger demand on key routes. This expansion includes enhanced services to destinations like Dubai, Doha, and Riyadh.
Nagpur's Global Village Theme Park Planned by MahaMetro
MahaMetro plans an international-standard amusement park and commercial complex at Ambazari under PPP, featuring iconic landmark replicas and Metro connectivity.
Pune Restaurants Struggle with LPG Shortage Despite Govt Order
Pune restaurant owners met with district officials to address a severe shortage of commercial LPG cylinders, despite a recent government order permitting partial allocation to the hospitality sector.
Fuel Crisis in Vidarbha: Panic Buying Doubles Petrol Sales
Consumers in Vidarbha purchased over double their normal petrol quota amid a fuel crisis, with diesel sales up 50%. Private player Nayara Energy hiked prices, adding pressure on public sector companies as global oil prices surge due to Middle East conflic
Jaipur's Bid to Become India's Next GCC Hub with Policy and Infrastructure
Rajasthan is aggressively positioning Jaipur as India's next Global Capability Centre hub through competitive incentives, the Rajasthan Mandapam project, and private sector partnerships, while addressing talent and connectivity challenges.
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Rajasthan Power Board Considers Retiring Kota Thermal Units
Rajasthan Vidyut Utpadan Nigam Ltd convenes board meeting to retire four Kota Thermal Power Plant units, reversing a 2021 Congress directive. The move is linked to a proposed 3,200 MW thermal capacity procurement under a new tender.
West Asia Conflict Hits TN Construction: Home Prices to Rise
The West Asia conflict is causing supply chain disruptions in Tamil Nadu's construction sector, leading to potential 6-8% home price increases and project delays. Industry seeks regulatory intervention.
Madurai Railway Hits Record Freight Target, Sets New Loading Records
Madurai railway division surpasses its freight loading target of 3.501 million tonnes for FY 2025-26, marking a historic first. Key achievements include new commodity loadings and record-breaking monthly performances across various sectors.
Seaweed Farming Boosts Coastal Livelihoods in Raigad
DP World and local partners have established over 250 seaweed cultivation units along Maharashtra's Raigad coast, promoting sustainable marine livelihoods as part of the global blue economy.
Saras Dairy Parlours Expand to Delhi, UP, MP with Rajasthani Food
Rajasthan Cooperative Dairy Federation's Saras parlours, offering ice-creams, snacks, sweets, and traditional Rajasthani food, are expanding to New Delhi, NCR, Uttar Pradesh, and Madhya Pradesh with a Rs 100 crore investment.
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Pune Fuel Shortage: Panic Buying and Payment Issues Hit Pumps
Pune petrol pumps face shortages due to panic buying and a shift to advance payments by oil companies, despite no actual fuel supply shortage. Dealers report sales surging 70%.
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