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Gold set for worst month in more than 17 years as US rate-cut hopes fade
Gold prices saw a slight uptick on Tuesday, buoyed by a weaker dollar. However, the precious metal is on track for its worst monthly performance in over 17 years. Soaring energy prices have dampened expectations for a U.S. interest rate cut this year, impacting gold's trajectory.
Rupee crashes past 95/$, logs worst annual fall in 14 years
The Indian Rupee experienced a significant drop, breaching the 95 per dollar mark. This marked the steepest decline in 14 years, with the last month being particularly challenging. Despite early gains, strong dollar demand from oil companies and importers pushed the currency to record lows. The Reserve Bank of India intervened to help the rupee close at 94.
Bank holiday today: Are banks open or closed on 31 March for Mahavir Jayanti? All you need to know
Bank holiday today: Banks across various Indian cities will be closed on 31 March for Mahavir Jayanti. Here's a list of all cities where banks will be closed on Tuesday.
War sets dollar for monthly rise, yen recovers on intervention threat
The US dollar is surging globally, driven by Middle East conflict and rising oil prices. This makes it the strongest safe asset as global recession fears grow. Other currencies like the Yen, Euro, Australian, and New Zealand dollars are weakening. Investors are seeking safety in the dollar amid geopolitical uncertainty.
War robbing D-Street: M-cap drops further Rs 9.4 lakh crore
Indian stock markets experienced a significant downturn. Overseas investors sold shares heavily, impacting the Sensex and Nifty. Rising crude oil prices and a weakening rupee added to investor concerns. Bank stocks also saw a sharp decline following regulatory changes. Global markets showed mixed reactions to geopolitical developments.
Oil rises for a fourth day on supply cuts from widening Middle East conflict
Oil prices are climbing for the fourth day. Brent crude is set for its largest monthly gain ever. U.S. crude futures are also seeing a significant increase. This is driven by supply concerns stemming from the escalating Middle East conflict. Iran's actions have impacted key shipping routes, raising fears of further disruptions to global energy supplies.
NDF difference swings as banks stay away from usual forex bets
New RBI curbs on net open rupee positions created volatility in dollar-rupee forwards. Initially, the gap between domestic and overseas rates widened significantly as banks anticipated selling dollars locally. However, this difference narrowed as banks adopted a wait-and-watch approach, expecting potential RBI relief, leading to a near-Friday closing level.
Indian stock markets are closed today for Shri Mahavir Jayanti. This is the first of two market holidays this week. Trading will resume on Friday for Good Friday and again on April 14 for Dr. Baba Saheb Ambedkar Jayanti. Several other holidays are scheduled throughout the year. MCX will have a trading break in the first session.
Irdai to push basic health cover, hospital scorecards to expand sector
India's insurance regulator is set to introduce basic, no-frills health covers and performance scorecards for insurers and hospitals to address patient criticism and ensure industry viability. These initiatives, designed to enhance transparency and informed choices for policyholders, aim to improve claim settlement times and hospital billing practices, marking a shift towards preventive healthcare.
Lending rates fall some more, private banks lead push
Fresh rupee loan rates dipped in February, with private banks leading the decline. However, public sector banks increased their lending rates. The easing on outstanding loans has been slower, despite significant repo rate cuts by the RBI over the past year.
XED Executive Development withdraws first-ever GIFT IPO
XED Executive Development has withdrawn its initial public offering from GIFT City's IFSC due to a cautious investor mood. Despite retail interest, procedural issues and subdued institutional participation led the company to postpone its market debut. The board opted to wait for a more opportune time, citing market volatility and liquidity concerns.
Dubai unveils fiscal package to bolster businesses
Dubai has unveiled a significant AED 1 billion fiscal package to bolster businesses, especially those in tourism and trade impacted by current conflicts. Effective April 1 for three to six months, the initiative includes a three-month deferment on government fees, hotel sales fees, and Tourism Dirham fees to ease financial burdens and enhance liquidity.
US Stock Market | Wall Street indexes mostly fall as Iran war widens
Indian stock markets reacted to global events on Monday. US President Donald Trump's statements on Iran and the escalating Middle East conflict caused uncertainty. Oil prices surged, raising inflation fears. Technology stocks faced pressure. However, comments from Federal Reserve Chair Jerome Powell offered some support. Financial stocks saw gains following new guidelines for retirement plans.
Indias soaring oil bill shows limits of RBIs rupee defense
India faces a widening current account deficit due to high oil import costs. The ongoing Iran conflict exacerbates this situation, impacting foreign inflows. The Reserve Bank of India's measures offer only temporary relief to the rupee. Economists predict a significant widening of the deficit, potentially leading to a balance of payments deficit for the second consecutive year.
RBI defers capital market exposure norms to July 1
The Reserve Bank of India has postponed new capital market exposure rules. The implementation date is now July 1, 2026. Banks issuing payment commitments to stock exchange clearing corporations will see eased capital adequacy requirements. Capital will only be held on the portion classified as capital market exposure. These changes follow updates to the central bank's credit facilities framework.
RBI allows SFBs to lend to MIs, sets fresh LTV ratio norms
The Reserve Bank of India has permitted small finance banks to extend credit to capital market intermediaries. New loan-to-value ratio guidelines have been established for lending against financial assets, including eligible securities. The LTV ceiling for listed shares and convertible debt remains at 60%.
Bank stocks fall as Street factors in lower profits
Indian banks experienced a significant slump on Monday following the RBI's directive to curb net-positioning to support the rupee. The Bank Nifty retreated 3.8%, with all constituents losing value. These new regulations, effective April 10, restrict lenders' forex positions, potentially impacting near-term profits and causing short-term volatility.
Bank FD tally in Q3 falls to 2-year low, total deposit base growth also slips
Bank fixed deposit growth slowed to a two-year low in the December quarter. Private banks led deposit collection. This slowdown may increase funding costs for lenders. However, current and savings account deposits saw improved growth. Experts predict a shift back to fixed deposits due to geopolitical events.
Mint Explainer: How AI is transforming investment banking
AI promises significant revenue gains and frees up bankers for strategic work, without replacing human judgment.
Do your work and go home: Aditya Puri on leadership without frills
Aditya Puri, the former MD and CEO of HDFC Bank, shares insights from his 26-year journey in banking during a chat at the Mint India Investment Summit. He discusses the evolution of financial services in India, the role of AI and how a customer-focused approach can transform banking.
F&O trading to get costlier from April 1 as curbs on speculation kick in
Equity derivatives trading faces higher costs from April 1. New government taxes on futures and options will increase trading expenses. The Reserve Bank of India's stricter lending rules for brokers also take effect. These measures aim to moderate speculation. Trading volumes are expected to decrease, particularly for retail traders. Costs for trading, arbitrage, and hedging will rise.
Yield tops 7%, banks stare at bigger MTM losses
Banks face significant treasury losses as the 10-year yield surged past 7%. This unexpected jump impacted rupee and bond markets. Traders are cautious, adjusting to a new reality of prolonged conflict and potential inflation. The market now anticipates further yield increases with upcoming government security auctions. Banks are preparing for supply in the next financial year.
A year after scrapping EV levy, Karnataka's new tax raises concern over adoption
According to a bill passed in the Karnataka assembly last week, a tax in the range of 5-10% of a vehicles price will be imposed on all EV cars based on their price at the time of registration in the state, which is expected to widen the price gap with less expensive ICE vehicles.
US Stocks today: S&P, Nasdaq end lower as investors weigh Middle East conflict outlook
U.S. stocks closed mostly lower as President Trump's conflicting messages on Iran and escalating Middle East conflict weighed on markets. Despite optimism over discussions, threats to the Strait of Hormuz and Iranian oil facilities fueled investor concerns. Fed Chair Powell's comments on inflation offered some support, while financial stocks rose on new 401(k) guidelines.
US lawmakers press SEC's top official over enforcement director's exit
Top Democratic Senators are demanding answers from the Securities and Exchange Commission. They are questioning the sudden exit of the agency's chief enforcement officer. Reports suggest disagreements arose over cases involving cryptocurrency firms with ties to President Donald Trump and his family. Senators Richard Blumenthal and Elizabeth Warren seek records and communications related to these enforcement actions.
The Centre has kept interest rates of small savings schemes unchanged for the April-June 2026 quarter. Here's how much you get for PPF, NSC, Sukanya Samriddhi, Kisan Vikas Patra and post deposits.
When do banks deduct TDS on interest income? 50,000 rule explained
With the Income Tax Act, 2025, taking effect from 1 April 2026, the I-T department clarified that TDS on interest will apply only above the set thresholds. The definition of banking company remains broad, ensuring no extra TDS burden on depositors due to legal changes.
RBI defers implementation of capital market exposures norms to July 1
The Reserve Bank of India has postponed new acquisition finance rules. The implementation is now set for July 1, 2026. This decision follows feedback from stakeholders. The central bank also updated its capital market exposures framework. These changes aim to clarify lending for mergers and acquisitions. The RBI is refining guidelines for domestic lenders.
Goldman Sachs picks stakes in Jio Financial, BHEL via block deals. Check sellers
Jio Financial Services and BHEL saw significant block deals today as global financial giants traded shares. Morgan Stanley offloaded stakes in both companies, with Goldman Sachs acquiring positions. Other block deals involved BNP Paribas transacting across Siemens Energy India, GMR Airports, LG Electronics India, and Max Healthcare Institute.
Compliance compulsory in social media advisories, creators deemed publishers
In the absence of any compliance with these advisories, the companies could risk losing their safe harbour clause, which gives them legal immunity against the content posted by users on their platforms.
Jerome Powell hints at US Fed holding rates, as it monitors how war affects economy
Federal Reserve Chair Jerome Powell on Monday said the U.S. central bank can wait to see how the Iran war affects the economy and inflation, noting that policymakers typically look through shocks such as those from higher oil prices.
US Stocks: Microsoft unveils AI upgrades, rolls out Copilot Cowork to early-access customers
Microsoft on Monday unveiled new features in its Copilot research assistant that would allow users to utilize multiple AI models simultaneously within the same workflow, the latest move by the tech giant to improve its AI offering and boost adoption.
Viridian Therapeutics shares slumped 34% to an eight-month low on Monday after its experimental treatment for thyroid eye disease lagged rivals in efficacy in a late-stage study, even as it met the main goal of reducing eye bulging.
Components maker Elmet discloses revenue rise in US IPO filing
Precision-engineered components manufacturer Elmet Group on Monday revealed higher revenue for 2025 in its filing for an initial public offering in the United States, as it looks to tap investor interest in defense-linked businesses.
Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal, including debt, expanding the top U.S. food distributor's reach among price-conscious independent restaurants.
US Stocks: Biogen gets FDA approval for higher dose of genetic disorder drug, shares rise 3%
The U.S. Food and Drug Administration has approved a higher dose of Biogen's spinal muscular atrophy drug Spinraza, the company said on Monday, after rejecting it last year.
Indian gas maker INOX Air Products plans $1 billion IPO, appoints bankers, sources say
Indian industrial and medical gas maker INOX Air Products is planning to launch a $1 billion initial public offering in Mumbai, and has appointed Kotak, JPMorgan and Citi to manage the IPO, three sources familiar with the matter said.
Crypto fuels drone purchases in Russia and Iran, report says
Groups linked to Russia and Iran are increasingly using cryptocurrency to finance the purchase of low-cost military drones and components, according to a new report from blockchain analytics firm Chainalysis.
NSE begins IPO process, seeks shareholder interest for OFS participation
Exchange invites EOI to identify selling shareholders; response deadline April 27
Rentomojos 150 crore IPO plan hit by legal challenge from former co-founder, seeks NCLT intervention
The petition filed on March 25 seeks to halt the companys proposed 150 crore issue, and it has not yet been scheduled for a hearing
Gaming firm Nazara Tech to raise Rs 500 crore via warrants
Gaming and sports media firm Nazara Technologies on Monday said its board has approved a proposal to raise Rs 500 crore through a preferential issue of warrants.
XED, India's first GIFT city IPO, withdraws issue after weak demand
XED Executive Development, the first company from India's low-tax GIFT City to launch an initial public offering, has withdrawn the IPO after delays with customer verification and weak market sentiments due to the U.S.-Israeli war on Iran, it said on Monday.
Brokers avoid broad hikes as STT rate change nears
Zerodha caps brokerage increase to clients without sufficient margins to offset funding costs
Zetwerk eyes nearly 500 cr pre-IPO round, files draft papers confidentially
Zetwerk has evolved from an industrial goods marketplace into a global contract manufacturing player spanning sectors from electronics and aerospace to defence, renewables, oil & gas, and infrastructure
Turnaround Story: 4 stocks shift from loss to profit in Q3
Four Nifty500 companiesGraphite India, CreditAccess Grameen, One97 Communications and Nuvoco Vistasreported strong turnarounds in December 2025 quarter, shifting from net losses last year to profits, reflecting improved operational performance and financial recovery across sectors, as per StockEdge data.
Silver jumps 7,000, gold rises 3,700 on wedding season demand
Wedding season demand drives up precious metal prices, with silver surging 3.04% and gold increasing 2.5%, despite recent significant losses in the market
No one knows which asset class will do well. Nithin Kamath tells what 99% investors should do
Nithin Kamath says predicting winning asset classes is futile, urging investors to diversify and stay invested long-term amid volatility. Weak markets, foreign outflows, rising oil prices and currency pressures are keeping sentiment fragile and downside risks elevated in near term.
JDA and capital gains: What happens when family members co-own property
When a property is settled among family members before a joint development deal, can capital gains be fully exempt if each retains a flat? Heres how Sections 82 and 86 apply.
Home loan after 60: 5 ways pensioners can boost credit score, improve approval chances
Improving credit score after 60 can ease home loan approvals, with simple steps like timely repayments, and joint applications helping pensioners secure better loan terms and rates. This can be accomplished successfully, with proper planning and guidance from a certified financial advisor.
US Stock Market Today | Dow Jones | Nasdaq Live: US stock futures rise as Mideast conflict widens
India 10-year bond yield tops 7%, sees biggest monthly surge in 9 years
The rupee plunged to a low of 95.21 against the dollar on Monday, while stocks also tanked
Investors lose Rs 1.34 lakh cr in FY26 as Sensex slumps 7%, Nifty ends 5% lower; PSU banks shine
Indian markets ended FY26 in the red amid global uncertainty and domestic pressures, with Nifty falling over 5% and Sensex declining 7%. Persistent foreign outflows, weak earnings, high valuations, and a weakening rupee kept sentiment subdued, while escalating tensions involving Iran further worsened the outlook by driving up energy prices and dampening hopes of US rate cuts.
Nifty posts worst FY26 close as West Asia war enters week five, Rupee bleeds past 95
The Sensex fell 1,636 points, while the Nifty opened at 22,549, peaked at 22,714, and then dropped to 22,283
Indias slow dispute resolution is costing up to 2% of GDP, deterring investors
Experts say weak contract enforcement locks up capital and raises business costs, with alternative dispute resolution and technology offering only partial relief.
PropShare Celestia's 244-cr IPO to open on Apr 10
PropShare Celestia is the third SM REIT launched by Property Share Investment Trust
Gainers & Losers: Jio Financial, bank stocks & other counters that were in spotlight today
For more such web stories click on the ET icon below
A structured personal finance plan for FY27 helps manage taxes, investments and spending with ease, ensuring disciplined money management, timely compliance and steady long-term financial growth.
Bajaj Finserv, HDFC Bank among 7 Sensex stocks that hit 52-week lows; slip up to 18% in a month
The Reserve Bank of India's intervention to curb arbitrage trades has triggered a disorderly unwinding of bank positions, causing the rupee to slide. This regulatory action, coupled with global risk-off sentiment and geopolitical tensions, is expected to keep the rupee under pressure for several days. Experts suggest the rupee could depreciate by around 10% in this cycle.
The unplanned expense in your 50s: Paying for ageing parents care
Geriatric care mainly has two recurring expenses: round the clock care and medical costs.
Share Market Highlights: Sensex, Nifty tumble over 2% as FY26 closes on a weak note
Sensex, Nifty updates on 30 March 2026: Indian markets closed sharply lower in the final session of FY26, dragged by rising crude oil prices, West Asia tensions, and heavy foreign outflows, with Sensex and Nifty falling over 2 per cent each.
Rupee plunge, surging swaps push India 10-year bond yield to 7% after nearly two years
Indian government bonds extended their selloff on Monday, closing out a rough financial year, on bets that a protracted Middle East war would upend the government's fiscal plans and raise interest rates after the rupee plunged past 95 per dollar.
Nvidia's PE sinks to 7-year low as war and AI angst weigh
Amid global market turmoil over the Middle East conflict, Nvidia trades at its cheapest price-to-earnings multiple since before the AI boom. Shares have fallen nearly 20% from October highs, reflecting broader investor caution. While the drop may signal a bargain, elevated oil prices, inflation fears, and potential interest-rate hikes add uncertainty to the AI-driven rally.
Rupee at 95: Worst-case scenario of 100 moves closer; how bad is it for markets?
The Indian rupee slipped past 95 against the US dollar, driven by structural imbalances, foreign outflows, and high oil prices. RBI-imposed limits on banks forex positions aim to curb speculation and arbitrage. A further slide toward 100 could pressure import-reliant sectors and financial markets, while exporters like IT and pharma may benefit. Market experts warn the rupee remains under sustained stress.
Gold prices saw a relief rally on Monday, gaining Rs 2,000 per 10 gram after a massive 27% correction from lifetime highs. While geopolitical tensions offer support, rising crude prices and delayed US Fed rate cuts suggest only a limited recovery rather than a fresh breakaway rally for the metal.
Bank locker loss? Why RBI rules have capped the compensation limit Explained
Banks provide locker holders compensation fixed at 100 times the annual locker rent in case of loss, Nirmala Sitharaman said while replying to a question in Lok Sabha.
Rupee breaches 95-level against US dollar for first time
At the interbank foreign exchange, the rupee opened at 93.62 and then gained further ground to 93.57 against the US dollar, registering a gain of 128 paise from its previous close
Global Markets | European stocks steady ahead of inflation data
European shares were little changed on Monday ahead of local inflation data, while investors continued to monitor developments in the Middle East war that has upended global markets.
India dealmaking sees long-term bets despite global volatility
Indias M&A momentum remains strong, driven by abundant capital and long-term investor confidence, even as global players turn cautious and domestic corporates take the lead.
Rupee sinks to fresh all-time low, breaches crucial 95 vs USD mark for first time
The Indian rupee faced pressure on Monday. Corporates exploited arbitrage opportunities between onshore and non-deliverable forward markets. This emerged after the Reserve Bank of India tightened banks' forex positions. The rupee hit a record low against the US dollar. Importers also contributed to the currency's decline. This situation created attractive trading windows for businesses.
For long-term investors, staggered investments through diversified equity funds remain a prudent way to navigate volatility, says Sanjay Grover, MD and CEO, Baroda BNP Paribas Mutual Fund.
'West Asia conflict may hit summer travel, but India remains hospitalitys biggest long-term prize'
Short-term disruption from the West Asia conflict is weighing on bookings to the Gulf and Europe, but rising outbound travel from India is emerging as a bigger long-term growth driver for global hotel groups.
NSE contacts investors for OFS participation in over Rs 20,000 crore IPO: Report
National Stock Exchange of India has taken a key step toward its IPO by issuing an offer-for-sale (OFS) letter to shareholders, formally initiating the listing process. The entire issue will be through OFS, with eligibility limited to those holding shares since June 15, 2025.
FIIs back 11 stocks for 3 straight quarters of FY26; 7 turn multibaggers
Foreign institutional investors have steadily raised stakes in several Indian companies through FY26, signalling conviction despite market volatility. Eleven such stocks delivered returns between 70% and 1,500%, with seven turning multibaggers. The trend highlights how tracking FII activity can help identify outperformers even during broader market corrections.
What are FD-backed credit cards? Are they worth it? Benefits, risks and best options
FD-backed credit cards offer a simple way to build a credit score using fixed deposits, with easy approval, steady interest earnings, and manageable risks when used responsibly and strategically. Here is a list of the top credit cards against fixed deposits in 2026.
India's cement sector is grappling with soaring input costs. Rising prices of petcoke, coal, and packaging materials are squeezing profit margins. Companies are attempting price hikes, but overcapacity makes it difficult for the market to absorb these increases. Analysts suggest that improved capacity utilization is key for pricing stability. Nuvoco Vistas and UltraTech Cement are identified as favored companies.
New Mangalore Port set to receive Iranian LPG consignment
Another LPG tanker Al Ain with 23000 tonnes of cargo is expected to berth at New Mangalore Port during this week; The tanker left Yanbu Industrial port in Saudi Arabia on March 19
Nifty trades just 600 pts away from 52-week low; West Asia tensions, oil spike rattle markets
Both midcap and smallcap indices decline around 2%
South Korean shares fall 3%, won hits 17-year low on Mideast worries
South Korean financial markets experienced a significant downturn on Monday. The main stock index, KOSPI, dropped by almost 3%. The national currency, the won, reached its lowest point in 17 years against the dollar. These declines were driven by concerns about the escalating conflict in the Middle East. Investors reacted with caution to the ongoing geopolitical tensions.
Stock Market Holiday: NSE, BSE shut tomorrow for Mahavir Jayanti; check 12 upcoming holidays
Indian stock markets will observe a holiday on March 31 for Shri Mahavir Jayanti. This marks the first of two market holidays this week. The Multi-Commodity Exchange of India will have a partial closure. The National Commodity & Derivatives Exchange Limited will be closed. Markets will also shut on April 3 for Good Friday.
Gold prices fall on March 30; check rates in Chennai, Ahmedabad, Mumbai, Kolkata, Bengaluru, Delhi
22, 24 carat Gold prices down across Indian cities on March 30
How FCNR accounts offer safe, stable returns for NRIs key features explained
FCNR accounts allow NRIs to invest in foreign currencies, offering tax-exempt interest in India. Loans against these deposits are available, but restrictions apply. Interest rates are competitive, and deposits are fully repatriable, making them a secure investment option.
2 top stock recommendations from Rajesh Bhosale for near term
Indian stock markets experienced a volatile trading session. Banking stocks faced pressure, causing frontline indices to decline. However, the metal sector showed strong performance, driven by rising global aluminium prices. Stocks like Nalco, Vedanta, and Hindalco saw significant buying interest. Traders are closely watching the Nifty's 22,400 support level. Metal stocks are presenting tactical opportunities in a cautious market.
Markets await clarity, valuations offer key support: Punita Kumar Sinha
Geopolitical tensions and rising energy prices are creating market uncertainty, with traditional safe havens failing to provide comfort. While the war's outcome remains unclear, Indian market valuations offer a cushion, trading below historical averages. Positive developments could trigger a rally, as markets have historically rebounded from crises.
7 personal finance rules you can't ignore to make your FY27 successful
Master personal finance rules to make FY27 successful by tracking spending, managing debt, building emergency funds, investing smartly, reviewing insurance, automating savings and planning taxes efficiently.
Japan's Nikkei sinks on recession fears; benchmark JGB yields hit 27-year high
Japan's Nikkei share average tumbled on Monday, while benchmark bond yields briefly touched a 27-year high before retreating, as the widening Middle East war fuelled recession concerns.
ITC Share Price Live Updates: ITC's Market Overview
L&T Share Price Live Updates: L&T News
Infosys Share Price Highlights: Infosys News
