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Economic Times

  • newNifty under pressure; 23,000 break sparks further concern: Analysts
    Geopolitical tensions in West Asia are expected to cause continued downward trends and sharp swings in Nifty this week. Analysts suggest Nifty could fall to the 22,500–22,400 zone if it remains below 23,000. Investors are advised to watch for key support levels around 21,900–21,700. Trading strategies and top stock picks for the week are also provided.
    - 28 mins ago 30 Mar 26, 5:53am -
  • newMTM losses likely for lenders as yields on govt bonds hit 12-month high
    Rising sovereign bond yields are expected to cause significant mark-to-market losses for banks in the March quarter. Despite RBI's open market operation purchases, escalating geopolitical tensions and inflation concerns have pushed 10-year government bond yields to a 12-month high, impacting bank portfolios.
    - 43 mins ago 30 Mar 26, 5:38am -
  • newFinancial services companies buck weak market to rock IPO show
    Financial services firms achieved record fundraising in FY26, raising ₹49,795 crore through IPOs, the highest in a decade. Despite a struggling finance sector index, these new listings significantly boosted the primary market. Major IPOs from Tata Capital and HDB Financial Services led this surge, accounting for a substantial portion of the total funds raised.
    - 48 mins ago 30 Mar 26, 5:33am -
  • newSFIO summons former top executives of IndusInd Bank in accounting probe
    The Serious Fraud Investigation Office is investigating IndusInd Bank's accounting irregularities. Key former executives have been summoned for questioning. This probe follows earlier findings by auditors and forensic reports. Meanwhile, Mumbai Police's Economic Offences Wing is nearing the closure of its preliminary inquiry, finding no evidence of fund diversion.
    - 6 hours ago 30 Mar 26, 12:39am -
  • newRBI's currency defence could leave banks paying the price
    The Reserve Bank of India has introduced a bold new daily limit on the open rupee positions held by banks, aiming to counteract the rupee's weakening trend versus the dollar. As a result, banks are now required to trim their dollar assets and offload US currency.
    - 6 hours ago 30 Mar 26, 12:31am -
  • newMadhya Pradesh revokes Bank of Baroda ban in less than 24 hours
    The order, issued on March 27, had barred the BoB from handling government transactions for five years, citing non-compliance with official instructions on fund transfers under the state's chief minister Kisan Yojana.
    - 6 hours ago 30 Mar 26, 12:28am -
  • Finance minister Nirmala Sitharaman assures fiscal vigil amid oil spike
    India's Finance Minister Nirmala Sitharaman is boosting efforts to raise funds and control the fiscal deficit. The government is protecting citizens from rising crude oil prices. Lockdowns are not planned. She urged leaders to avoid spreading rumors. Excise duty on petrol and diesel has been cut to manage domestic inflation and volatility.
    - 2 days ago 28 Mar 26, 12:49am -
  • India, US review next steps in trade pact talks
    Commerce and Industry Minister Piyush Goyal met with US Trade Representative Jamieson Greer and Chinese counterpart Wang Wentao on the sidelines of the WTO Ministerial Conference. Discussions focused on the proposed India-US bilateral trade agreement and bilateral trade matters with China, amidst India's growing trade deficit with the latter.
    - 2 days ago 28 Mar 26, 12:43am -
  • India may face credit stress if Gulf conflict drags on: Moody's
    A Moody's report warns that India and other Asia-Pacific economies face rising credit stress due to the ongoing Gulf conflict. Higher energy prices and supply disruptions, particularly for fuel, food, and industrial inputs, will impact import-dependent nations. Producers heavily reliant on Middle Eastern oil and naphtha are most exposed.
    - 2 days ago 28 Mar 26, 12:26am -
  • Boots on ground may not be needed: Secretary of State Marco Rubio on Iran war
    Secretary of State Marco Rubio stated the U.S. aims to dismantle Iran's missile, drone, naval, and air force capabilities without ground troops, expecting operations to conclude in weeks. He clarified recent troop deployments offer President Trump options for contingencies, not for direct engagement in the conflict.
    - 2 days ago 28 Mar 26, 12:15am -
  • What's happening with Iran-US 'talks'?
    Diplomatic efforts to end the war in Iran are accelerating. Proposals are being exchanged through Pakistan, though Iran denies direct talks with the US. Iran's demands include an end to aggression and financial compensation. The US seeks Iran's nuclear disarmament and missile program limits. Both sides need to claim victory for a deal. The conflict's outcome remains uncertain.
    - 3 days ago 26 Mar 26, 8:07pm -
  • India gathers data to counter US claims of excess capacity
    India is compiling detailed industry data following a US Section 301 probe into alleged excess capacity in sectors like petrochemicals and steel. The commerce ministry is gathering information on production, employment, and policy support to address US concerns about practices potentially burdening American commerce.
    - 4 days ago 26 Mar 26, 1:00am -
  • Inflation target held at 4% for next five years
    India has maintained its retail inflation target at 4 percent for the Reserve Bank of India. This decision ensures continuity and price stability amidst global economic uncertainties. The framework, set for another five years until March 2031, obligates the RBI to manage monetary policy for price control. This move influences government fiscal measures, aiming for overall economic stability.
    - 4 days ago 26 Mar 26, 12:52am -
  • Finance Minister Nirmala Sitharaman moves Bill to amend IBC, speed up resolution
    A new bill aims to speed up bankruptcy resolution in India. Finance Minister Nirmala Sitharaman introduced amendments to the Insolvency and Bankruptcy Code. The proposed changes focus on creditor-led, out-of-court settlements. This aims to reduce delays and improve the process for resolving insolvent companies. The bill also addresses cross-border and corporate group insolvency cases.
    - 4 days ago 26 Mar 26, 12:46am -
  • As Asim Munir pitches peace, Iran stops Pakistan's cargo ship at Strait of Hormuz
    Pakistan Ship stopped by Iran in Strait of Hormuz: Iran has denied passage to a Karachi-bound vessel in the Strait of Hormuz, citing protocol violations and lack of clearance. This action, coupled with a potential $2 million transit fee, signals Iran's tighter control over the crucial oil route amid escalating regional tensions.
    - 5 days ago 25 Mar 26, 3:20pm -

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