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In the bazaar of clean power, a scramble for green certificates
Carbon-spewing sectors are racing to buy up renewable energy certificates as the financial year draws to a close, both to meet government mandates as well to achieve internal goals. However, an abundant supply of such certificates from India's green power boom has curbed a spike in prices.
Mint Explainer | Banks have cut ratesbut has the credit-deposit imbalance changed?
Amid repo rate cuts and improving transmission, bank credit continues to grow faster than deposits. Heres what the latest Reserve Bank of India data reveal about lending rates, deposit trends and the evolving creditdeposit gap.
Indias 20-somethings wind up a luxury watch boom
Luxury watches are no longer just for the elite in Mumbai or Delhi. Affordable luxury is seeing over 50% revenue growth as younger consumers in Tier II cities begin treating mechanical watches as collectable investments similar to gold.
Govt aims to disburse 80 crore subsidy for EV charging points under PM E-Drive by end of FY26
The heavy industries ministry is assessing proposals from state governments and oil marketing companies for EV charging infrastructure.
BSE to roll out monthly futures, options on Sensex Next 30
The index tracks the largest and most liquid companies within the BSE 100 that are part of the derivatives segment but not included in the benchmark BSE Sensex
Rupee continues to feel reverberations of West Asia war; sinks to record closing low of 92.15/$
The Rupees previous all-time closing low was 91.96 per dollar on January 29
The EPFO has approved an interest rate of 8.25% on EPF deposits for 2025-26, maintaining the rate for the second year.
Coal, aluminium, gold will likely gain from Iran war
The yellow metal may reclaim $5,600/oz; coal at 16-month high, aluminium near $3,350/tonne as Qatar shuts key plants
SEBI revamps AIF reporting norms, introduces annual filing system
The first report, for FY26 ending March 2026, must be filed by May 31, 2026, via the SEBI Intermediary Portal
Raging West Asia war casts gloom on gems, jewellery exports
Volatile currency, logistics disruptions and high insurance cost remain key concerns
Rupee hits all-time low of 92.30 amid war fears; Sensex drops 1,123 points
The Sensex crashed 1,122.66 points, or 1.40 per cent, to close at 79,116.19, while the Nifty 50 shed 385.20 points, or 1.55 per cent, to end at 24,480.50
Stronger crude prices typically enhance the attractiveness of ethanol blending, as ethanol becomes a more viable alternative to conventional fossil fuels
Rupee slumps to all-time low of 92.16 against US dollar
Forex traders said the dollar index crossed 98 levels on the risk-off situation prevailing all around the globe amid the US-Iran crisis, further pressurizing the rupee
From bonus to pension: Using two mutual fund tools to turn lump sums into lifelong income
A windfall gain or retirement corpus can be hard to manage without falling prey to poor timing or tax inefficiency. Here are two mutual fund tools that help investors deploy lump sums gradually and generate tax-efficient monthly income
West Asia war oil shock drives up currency hedging cost for Indian importers
One-month implied volatility climbed to 5.6%, the highest since May 2025, while the implied interest rate on the one-year dollar/rupee forward premium rose 8 basis points to 2.87%
RBI creates intervention space as rupee faces renewed strain
RBI has changed the maturity profile of its short dollar forwards, reducing near-term delivery obligations and pushing them further out
Sensex crashes over 1,795 points today as metal, realty, PSU banks drag
Midcap and smallcap indexes declined nearly 3%, with sectoral indices across the board in the red, led by metal, realty and PSU bank stocks, which dropped 45%, amplifying the market weakness
West Asia conflict keeps Dalal Street under siege at midday; metal, infra stocks bleed
The selloff, which began at the opening bell with gap-down openings, has persisted through the morning session with no meaningful recovery attempt
Cyient reshuffles top leadership; stock falls 2.3%
Prabhaka Atla, who currently serves as CFO, moves laterally into the COO role after more than two decades with the company
The Nifty Metal index fell nearly 5 per cent to an intraday low of 11,690.30, down from its previous close of 12,269.80, reflecting heavy selling across industrial, base and mining metal counters
ACME Solar expands BESS capacity, seals 450 MW power deal; stock slides 4%
The stock opened at 227 on Wednesday, touched a high of 229.04, and slid to a low of 221.04 against a previous close of 232.28, suggesting the market was unmoved by the announcements
Wipro shares hit 52-week low amid Este Lauder contract loss to Accenture
Wipro shares tumble over 1% in morning session; the stock has fallen over 30% in the past year
Defence stocks gain amid West Asia tensions, Paras Defence jumps 12%
Shares of Bharat Electronics traded flat at 454.20 on the NSE at 10.53 am, after rising 1.5% to an intraday high of 460.85 compared with the previous close of 453.95
War premium hammers Dalal Street; Sensex crashes 1,627 points as crude surge spooks markets
The geopolitical trigger is the widening IsraelUSIran conflict, which has disrupted trade flows through the Strait of Hormuz, pushing crude oil prices sharply higher
Paras Defence surges nearly 10% after MoU with South Koreas Green Optics
The two companies will undertake joint development and manufacture of optics and optical systems for space and defence applications
Rupee breaches the 92/USD mark amid intensifying West Asia conflict
The Indian currency opened 56 paise weaker at 92.05 against the Dollar (previous close: 91.49) and is currently trading at 92.1725
L&T shares tumble 7.5% as top Nifty 50 loser, brokerages divided on Gulf exposure risks
The sharp decline comes as investors reassess risks linked to geopolitical tensions in the Gulf region and their possible impact on order execution and profitability
Rupee falls to record low of 92.17 to the dollar as West Asia war rattles markets
Heightened risk of foreign fund outflows, and concerns about remittance flows weigh on rupee
Asian shares extend losses as the war with Iran widens and oil surges higher
South Koreas Kospi plunges 8%, trading suspended
Stock Market Live Updates: Nifty may lose over 500 points at open; Sensex to shed 1,500 points
Sensex, Nifty, Share Prices Live Updates: Domestic markets are likely to open in the red on Wednesday, but analysts expect volatility to continue. Analysts said that risk-off trade will keep markets under bearish grip, but one cannot rule out value buying at lower levels that will help the market stay firm.
Explore key developments in stocks, IT, real estate, healthcare, and more, spotlighting major players like Tata Motors and Infosys
Token release: Why small films with near-zero collections are flooding theatres
Faced with strict streaming mandates, producers are rushing small-budget films through technical theatrical runs to unlock digital deals, even as high ticket prices and low awareness keep audiences away.
Bank holiday today, 4 March: Are banks closed today for Holi? Check full list of cities as per RBI
Bank holiday today, 4 March: There is a bank holiday on Holi, 4 March, across many regions. This is because these cities will celebrate Holi today. Here is the full list of cities where there is a bank holiday today.
I hold US situs assets. Should I pay tax in the US or India?
Non-citizens who are not domiciled in the US are subject to US transfer taxes only in limited situations.
Samsung was the star of smartphone PLI. But it gave telecom PLI a complete miss
Samsung did not invest in the scheme despite applying for it, while it had earned 1,000 crore in the smartphone PLI scheme. What explains the Korean giant's change of mind?
PNGRB to propose overground gas storage as West Asia conflict squeezes supplies
he Petroleum and Natural Gas Regulatory Board (PNGRB) may propose the government to set up storage reserves for LNG, preferably near existing terminals to support Indias growing demand at times of exigencies and ensure energy security.
All eyes on oil stockpile as war throws a spanner in supply chain
Half of India's crude oil cargoes come from the Persian Gulf, crossing the Strait of Hormuz, making its closure a matter of deep concern. Officials said a new deal with Canada will also help meet the demand for cooking gas. Supplies from the US began in January.
Mutual funds take a shine to bank stocks
The banking system is doing very well with NPAs at multi-decade lows and improving credit growth
How retail investors can make a penny (or two) from the FII versus DII tussle
There are clear lessons from the FII-DII conundrum: stay with the basics. Its SIP compounding through FII volatility, according to experts.
Planning a gold loan in 2026? Find out which lender is offering the lowest interest rate in India
A gold loan is a secured loan in which gold jewellery is pledged as collateral. Interest rates in India range from 8% to 27%, depending on various factors. Here are the options.
When the lights go out: How climate change is impacting J&Ks energy economy
The snow that has fed Jammu and Kashmirs rivers for centuries is disappearing. In turn, the union territorys rivers are drying up, leaving a region that depends heavily on hydropower gasping for energy. A ground report.
Asia scrambles for LNG as Qatar halts output due to Iran war
LNG buyers in Asia account for more than 80% of shipments from Qatar, the world's No. 2 producer after US
Weekly Rupee View: Risk-off sentiment drags rupee
Strong dollar and oil price surge add pressure
Infosys, Intel deepen collaboration to enhance AI capabilities for enterprises
The partnership will leverage Intel's high-performance computing platforms and Infosys's Topaz Fabric to create a unified ecosystem for enterprise AI deployment
India scouts for alternative sources to import crude, LPG and LNG
Sources say India is exploring diverse options to bolster its fuel supply chain without burdening consumers with immediate price hikes
Surge in Fujairah bunker prices amid West Asia conflict to drive demand elsewhere, sources say
Traders expect demand to shift to other hubs in Asia, Rotterdam, the Mediterranean, Colombo and India if tankers avoid West Asia
Oil rally builds as staggering West Asia War jolts energy
Global benchmark Brent rose above $80 a barrel, after spiking about 7% on Monday, while West Texas Intermediate was near $73
Global Markets | Japanese stocks plummet as Mideast conflict widens
Japanese shares experienced their sharpest decline in months on Tuesday, with the Topix and Nikkei indices slumping significantly. Escalating Middle East tensions, rising crude oil futures, and a stronger dollar fueled inflation concerns, impacting investor sentiment and weighing on the equity market.
Global Markets | European shares fall again as Mideast war drags on
European shares extended their decline on Tuesday, mirroring a global equity selloff as investors grappled with the prospect of a prolonged Middle East conflict. A sharp jump in oil prices, fueled by Iran's threat to close the Strait of Hormuz, raised fears of increased living costs and upward pressure on inflation.
Premier Energies completes acquisition of HeliosAnthos Energies
The acquisition was conducted through a preferential allotment via private placement at a total consideration of 10.45 lakh
A major geopolitical shock in a resource-rich region, such as the Iran conflict, exposes Indias vulnerability due to its heavy reliance on imported natural resources, the Vedanta Group Chairman posted on X
AIF rule reset widens access for accredited investors, raises new risk questions
From co-investment vehicles and AI-only schemes to 1,000 social funds, Sebis AIF reforms expand flexibility for wealthy investors while raising fresh questions on liquidity and risk.
Escorts Kubota launches new paddy tractor series
The latest product is launched under the Powertrac brand
India's mutual funds perfected the take-off. Life cycle funds fix the landing
Life cycle funds, launched under Sebis new framework, automate the glide path to financial goals. They seek to eliminate the guesswork in the final years.
Online spends cross 62% as UPI, credit cards turn complementary: SBI Card MD Salila Pande
UPI and credit cards now complement each other, with UPI boosting usage and cards offering liquidity, rewards and flexible credit, says Salila Pande, MD & CEO, SBI Card
West Asia conflict presses IPO hopefuls to get deals done
The sudden change in market sentiment risks upsetting what was set to be a boom year for IPOs, even before the potential mega-listings from SpaceX and AI giants are in the picture
Here is everything you need to know about what is advance tax, when is advance tax deadline, what are the penalties for missing advance tax deadline and more.
Mint Explainer: How long can Iran block the Strait of Hormuz?
As Irans blockade of the worlds most critical energy chokepoint triggers a global price surge, Mint examines the military, economic and geopolitical factors that will determine how long the shutdown can realistically last.
Persistent Systems streamlines US operations with subsidiary merger
Persistent Telecom Solutions Inc merged into Persistent Systems Inc effective February 28, 2026, with no cash consideration or change in shareholding
Market cycles and the case for flexible allocation
As leadership shifts from large-caps to small-caps and back again, portfolios that evolve with the cycle are structurally better positioned.
Bitcoin trades near $68,000 after its fifth consecutive red monthly close, with a 3% gain in the past 24 hours. Despite geopolitical tensions, the crypto market shows signs of stabilization, with $1 billion inflows into investment products last week, signaling renewed institutional interest and a cautiously optimistic outlook for March.
ICICI Bank, Vedanta among 10 stocks to bet on amid US-Iran conflict
Rising US-Iran tensions and higher crude oil prices have increased market volatility, prompting brokerages to highlight select Indian stocks as potential beneficiaries. Energy producers, metals firms, IT exporters, defence companies and private banks are seen as relatively resilient plays if oil prices remain elevated and geopolitical risks persist.
Natco Pharma launches Pomalidomide capsules in the US
The estimated sales for Pomalidomide in the US for the year ending September 2025 was approximately $3.2 billion
Podcasts and AI content amplify reputation risks for celebrities like Allu Arjun
Allu Arjuns legal action spotlights how podcasts and social media can rapidly amplify reputational risks. Viral claims and AI-generated content can dent endorsements and contracts, forcing celebrities to adopt swift legal and management countermeasures.
GIFTs design is deliberately open no fortress, no veil providing a controlled interface between domestic and international markets
Ahead of Holi 2026, several Indian stocks have emerged as multibaggers since last Holi, delivering exceptional returns despite market volatility. While strong performers span sectors from infrastructure to manufacturing, experts caution that geopolitical tensions and uncertain earnings could keep markets volatile, urging investors to remain selective and patient.
Mint Explainer | India to go barrier-free on highways. Inside the MLFF tolling plan
While MLFF promises efficiency, officials worry about sensitive data from high-speed ANPR cameras, especially those with foreign components. The government pushes for domestic manufacturing to ease security concerns.
M&M refutes rumours of Indonesia export halt
This pertains to the export order received earlier for 35,000 units of LCVs from Agrinas Pangan Nusantara, Indonesia
Greenply Industries says I-T dept concludes search at units and promoters residence
The financial impact of the action is not quantifiable at this point of time, the company said
Global Market | Is India prepared for a prolonged Middle East oil disruption?
Indias heavy reliance on Middle East crude and relatively low inventory buffers leave it vulnerable to prolonged supply disruptions amid escalating regional tensions. With Brent crude rising and alternative supplies uncertain, analysts warn that sustained instability around the Strait of Hormuz could significantly impact fuel prices and Indias macroeconomic stability.
As Iran crisis upends oil and gas, clean energy gets complicated
Qatar shut down the worlds largest LNG export facility, Saudi Arabia suspended operations at its biggest oil refinery and tanker traffic through the crucial Strait of Hormuz has all but halted
India most vulnerable to prolonged disruptions to Mideast oil, analysts say
As of January, the Middle East accounted for about 55% of India's crude imports, at about 2.74 million barrels per day
Holi to Holi: 15 smallcap multibaggers that soared up to 500% in a year
Between last Holi and this years festival, 15 smallcap stocks delivered multibagger returns ranging from 150% to 500%. Backed by sectoral momentum and earnings triggers, these counters turned into standout wealth creators, highlighting the high-risk, high-reward potential of the smallcap segment over a one-year horizon.
Indian markets brace for fresh volatility after Donald Trump indicated the Iran war could last up to five weeks. Following a Rs 6.59 lakh crore wealth erosion on Monday, investors will track crude prices, rupee movement and global cues. Technical indicators suggest oversold conditions, but risks remain elevated.
US Stock Market | Dollar reasserts dominance as investors seek shelter from oil surge
The U.S. dollar rebounded sharply after strikes on Iran triggered a surge in oil prices and a global risk-off shift. A Reuters report showed the dollar index posted its strongest single-day gain in seven months, reviving confidence in the greenbacks traditional safe-haven role during externally driven geopolitical crises.
Tata Motors CV says Indonesias 70,000-vehicle order intact
The order and advance we have received remains programme-driven, and we intend to begin supplies soon and complete deliveries in a phased manner as per our commitment, the company said
Can Israel-Iran war help silver hit a new record high past $121 and gold over $5,595?
Renewed Middle East tensions following the Israel-Iran conflict have revived safe-haven demand for gold and silver. After a sharp correction earlier this year, both metals are regaining momentum, with analysts flagging potential breakouts above key resistance levels. Some strategists even see gold testing $10,000 over the medium term.
LNG tanker rates double to $200,000 in less than a day on Iran war
The surge in vessel rates follows Qatars shutdown of LNG production
Oil prices steady even as US-Iran conflict continues. Is $100 still on track?
Oil prices climbed above $70 as escalating US-Iran tensions raised fears of supply disruptions through the Strait of Hormuz. Analysts warn that while momentum remains strong, resistance near $77 could trigger consolidation. Markets are weighing inflation risks and the possibility of further geopolitical escalation driving crude higher.
NSE, BSE shut today for Holi, global indices under pressure amid rising tensions
On Monday, BSE Sensex fell 1.29% to 80,238.85, while the Nifty 50 declined 1.24% to 24,865
Bank holiday today: Lenders in cities across India have a holiday on 3 March for Holi, Holika Dahan, Dhulandi, Dol Jatra or Attukal Pongala, as per the official RBI calendar. Here's the full list of cities
Working from UAE for an Indian firm? Heres how your salary is taxed
If an NRI resident in the UAE works entirely outside India but is paid by an Indian company, taxability hinges on where employment is exercised under domestic law and the India-UAE DTAA.
Rupee crashes 42 paise to settle at 91.50 against US dollar
Massive selling in domestic equity markets and withdrawal of foreign funds further dragged the Indian currency down
Avio Smart Market Stack to acquire minority stake in Huwel Lifesciences
Under the agreement, Avio Smart Market Stack will collaborate on business development and project execution
22K & 24K gold price today, March 2, 2026 across Indian cities
How much gold can you legally own without triggering tax trouble?
The income tax officers are not supposed to seize any gold jewellery within the limits specified, irrespective of the level of standard of living or the status of the person in society being raided.
Why your premium credit card perks just got smaller: The big squeeze on banks
Major issuers HDFC Bank, American Express, SBI Card and ICICI Bank have reworked reward structures and tightened lounge access rules. Find out why your card benefits are shrinking and what you should do next.
Prithvi Exchange launches forex services on WhatsApp
Customerscan now useWhatsApp conversationsforforeign currency purchase, forex cards, student forex solutions, and international money transfer
Defence stocks rally amid West Asia tensions; HAL, BEL, BDL gain
The West Asia crisis has rattled broader markets, but triggered a rotation into defence stocks
Gold and silver prices have rallied after the Iran crisis spiked safe haven demand. Find out here all the live developments concerning precious metal prices as the West Asia conflict plays out.
