Gold, Silver Prices Fall Today: March 16 City Rates
Gold and silver prices witnessed a decline on March 16, with 24-carat and 22-carat gold rates dropping in major cities like Chennai, Delhi, and Mumbai. Check the latest rates and market trends.
Category : Banking
Rupee Falls 13 Paise to 92.43 vs Dollar in Volatile Trade
The Indian rupee declined by 13 paise to settle at 92.43 against the US dollar on March 16, 2026, driven by volatile domestic equity markets despite a retreat in the greenback, as per forex traders.
IDBI Bank Disinvestment May Be Scrapped, Government and LIC to Review
The Indian government is considering scrapping the disinvestment plan for IDBI Bank, with a review involving LIC. This could impact share prices on NSE and BSE, with details expected by 2026.
Central Bank of India SO Recruitment 2026: Last Week to Apply
Central Bank of India will close online applications for its Specialist Officer recruitment 2026 next week. The drive aims to fill 250 technology and risk management posts, with the deadline on March 23, 2026.
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Fastag Annual Pass Price Hike: NHAI Increases Rate, Recharge Details
The National Highways Authority of India (NHAI) has announced a price hike for Fastag annual passes, effective from 2026. The new rates apply to non-commercial vehicles, with specific expressways excluded from the pass validity.
Market Volatility Delays Indian IPOs Amid West Asia Conflict
Indian companies are postponing equity fundraising and IPOs due to West Asia-driven market volatility, with $5 billion raised in 2026 so far, down from $6 billion in Q1 2025. Bankers remain optimistic about long-term prospects.
SENA Home Loan for Armed Forces Launched in Jaipur
Wonder Home Finance introduces the SENA Home Loan, a specialized housing finance product for India's armed forces and paramilitary personnel, offering competitive rates and flexible terms.
Tech Powers Smarter Health Insurance: Risk Management Focus
The future of health insurance is evolving beyond claims settlement to proactive health risk management, leveraging technology to prevent hospitalizations and enhance customer experience.
Gold, Silver Volatility Expected from Middle East, Central Banks
Gold and silver prices are set for volatility as investors monitor the Middle East conflict and key central bank meetings. Analysts warn of corrective moves amid geopolitical risks and monetary policy decisions.
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Axis Bank Ordered to Pay for Failed ATM Transaction
The Nagpur District Consumer Commission has ruled that Axis Bank must compensate a customer after an ATM transaction failed but debited the account, calling it a serious issue.
DeepSnitch AI Launches Live Network Amid Crypto Focus
DeepSnitch AI launches its live intelligence network, offering early-stage potential while Ethereum and PENGU remain in market focus. Investors eye $DSNT for high returns as presale nears end.
Market Cap Plunge: Top Firms Lose Rs 4.48 Lakh Crore
The combined market capitalization of India's top-10 listed companies plummeted by Rs 4.48 lakh crore last week. State Bank of India and HDFC Bank emerged as the biggest losers amid a sharp market correction.
FPIs Pull Rs 52,704 Crore from Indian Stocks in March
Foreign portfolio investors sold Rs 52,704 crore in Indian equities in early March due to West Asia tensions, rupee weakness, and high crude oil prices, reversing February's inflows.
Top-10 Firms Lose Rs 4.48 Lakh Crore; SBI, HDFC Bank Lag
The combined market valuation of India's top-10 companies plunged by Rs 4.48 lakh crore last week amid a sharp equity decline. SBI and HDFC Bank were the biggest losers, with concerns over crude oil prices and inflation driving the sell-off.
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NHAI Revises FASTag Annual Pass Fee to Rs 3,075 from April 2026
The National Highways Authority of India (NHAI) has increased the FASTag Annual Pass fee from Rs 3,000 to Rs 3,075 for the 2026-27 financial year, effective April 1, 2026, impacting over 56 lakh users.
Indian Top 10 Firms Lose Rs 4.48 Lakh Crore in Market Value
A sharp sell-off in equities led to a Rs 4.48 lakh crore loss for India's top 10 companies, driven by rising crude oil prices and West Asia conflict concerns.
RBI Assistant 2025: Final Hours to Edit Applications Before Deadline
Candidates for RBI Assistant 2025 recruitment have until March 15, 2026, to correct their applications via the official edit window. A Rs 200 correction fee applies, with only four fields editable. No changes allowed after the deadline.
SBI SCO Recruitment 2026: 116 Specialist Posts Open
State Bank of India has announced recruitment for 116 Specialist Cadre Officer positions including AVP and Deputy Manager roles. Applications close today, March 15, 2026.
IBPS RRB Clerk Mains Result 2026 Out: Check Allotment
IBPS has announced the RRB Clerk Mains 2026 results and provisional allotment for Office Assistant posts. Candidates can check status online using registration details.
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SEBI Sets Conditions for Mutual Fund Intraday Borrowings
SEBI introduces strict conditions for intraday borrowings by mutual funds to address timing mismatches in fund flows, effective from April 1, 2026, with limits and cost-bearing rules.
SEBI Chief: India's Capital Markets Deepening Amid Global Volatility
SEBI Chairman Tuhin Kanta Pandey states India's capital markets are becoming deeper and more resilient despite global uncertainties, with significant growth in market cap and investor participation.
Axis Bank to Pay Rs 3.19 Crore Over 2016 Demonetisation Refusal
The National Consumer Disputes Redressal Commission has directed Axis Bank to pay Rs 3.19 crore to a logistics firm for refusing to accept demonetised notes during the 2016 window, citing deficiency in service.
RBI Assistant 2026 Correction Window Open Until March 15
The Reserve Bank of India has launched a two-day correction window for Assistant 2026 applications, allowing edits to exam centre, parents' names, and academic percentages with a ₹200 fee.
Gold Prices Fall Despite West Asia War, Defying Safe-Haven Norm
Gold prices have unexpectedly declined during the Israel-Iran conflict, contrary to typical safe-haven behavior. Experts cite factors like a strong US dollar, profit-booking, and crude oil-driven inflation concerns.
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IPS Officer Sadanand Date Named SEBI Executive Director
Sadanand Date, a 2007-batch IPS officer with extensive CBI experience, has been appointed as SEBI's Executive Director to lead investigations into market fraud and manipulation.
NSE Hits 11 Crore Investors, Intraday Tools Aid New Traders
India's National Stock Exchange crosses 11 crore unique registered investors, driven by digital adoption. Intraday stock tools are helping new Demat account holders decode market trends for informed decisions.
Rakesh Date Named SEBI Executive Director, Strengthens Regulation
Rakesh Date has been appointed as Executive Director at SEBI, bringing extensive experience to enhance India's securities market oversight and regulatory framework.
Parliamentary Panel Flags Digital Payments, Banking Concerns
A parliamentary committee has raised alarms over the financial sustainability of UPI, gaps in formal lending, cybersecurity in banks, and declining insurance penetration in its latest report on the Department of Financial Services.
Govt Calls Off IDBI Bank Sale as Bids Below Reserve Price
The Indian government has canceled the disinvestment of IDBI Bank after receiving bids lower than the reserve price. This decision impacts privatization plans and the fiscal disinvestment target.
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Axis Bank Must Pay Rs 3.2 Crore for Demonetisation Cash Refusal
National Consumer Commission orders Axis Bank to compensate a Delhi company with Rs 3.2 crore plus 6% interest after refusing cash deposit during demonetisation, calling the bank's action unilateral and unlawful.
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