Page 16 - Notifications

7 years on, ₹8,700 crore Odisha strategic oil reserve project awaits land

Public-sector firm seeks help from Independent MLA to start work

UBS downgrades HPCL, BPCL, IOC stocks as crude prices breach $100/barrel

UBS' Global Oil team has also raised their near-term oil price forecasts, Q1-26E to $71/bbl (around $80/bbl for March), and the average for 2026 to $72/bbl

Stock Market Highlights: Sensex ends off day's low, sheds 1,140 pts; Nifty at 24,028; Banks weigh

Sensex Today | Stock Market Highlights, Monday: The Nifty MidCap and the Nifty SmallCap indices ended 1.97 per cent and 2.22 per cent down, respectively.

Crude oil prices spike near $120 a barrel as Iran war impedes production

Oil prices eclipsed USD 100 per barrel for the first time in more than three-and-a-half years on Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at USD 107.97 after trading resumed on the Chicago Mercantile Exchange, up 16.5 per cent from its Friday closing price of USD 92.69. West Texas Intermediate, the light, sweet crude oil produced in the United States, was selling for about USD 106.22 a barrel. That is 16.9 per cent higher than it closed Friday at USD 90.90. Both could rise or fall as market trading continued. The increases followed the US crude price jumping by 36 per cent and Brent crude rising by 28 per cent last week. Oil prices have surged as the war, now in its second week, ensnared countries and places that are critical to the production and movement of oil and gas from the Persian Gulf. Roughly 15 million barrels of crude oil -- about 20 per cent of the world's oil -- ..

Oil above $100 may trigger 10% Nifty correction, drag P/E to 18x: ICICI Sec

Brent crude oil has topped the $100-mark which may trigger a 10 per cent fall in Nifty, warns ICICI Securities. Rising oil prices could widen India's trade deficit and push inflation higher

Market crash: Sensex dips 2400pts intraday, Nifty below 23700; key reasons

Market crash Today: India VIX, the fear gauge index, spiked more than 21 per cent to go past 24, indicating heightened nervousness among traders and investors

G7 nations to consider emergency oil release amid global price surge

G7 nations are set to discuss a coordinated oil release from strategic reserves via the International Energy Agency as the West Asia conflict pushes crude prices higher and raises supply concerns

Nifty50 slides 10% from Jan peak into 'correction' zone; VIX up 150% YTD

The volatility gauge for local equities surged in the past five sessions, with the India VIX index rising 78 per cent. The index has jumped 152 per cent so far this year.

Meesho freezes at 10% lower circuit, hits record low; here's why

Meesho said the Assessment Order along with the Demand Notice does not have any major adverse impact on the company's financial position, operations, or other activities.

India favours peace, return to dialogue: Jaishankar on West Asia conflict

India favours peace and return to dialogue and diplomacy and advocates de-escalation, restraint and ensuring safety of civilians, External Affairs Minister S Jaishankar said on Monday on the widening West Asia conflict. Making a suo moto statement on the conflict in Rajya Sabha, he said the well being and security of the Indian community in the region remains the government's priority. "We will continue to work with the governments in the region towards the end," he said. "Our national interest, including energy security and trade goals, will always be paramount." On the spike in energy prices following the conflict that broke out when the US and Israel attacked Iran and Tehran reiterated by attacking US bases in the neighbouring regions as well as Israel, he said the government remains committed to ensuring energy security that fully takes into account availability, costs, and risks of energy markets. "For us, the interest of Indian consumers has and will always be in the overridi

Is Nifty headed towards a bear phase? Analyst warns of 19,000-mark

The Nifty has shed over 9% so far this year. Anand James of Geojit warns that the NSE benchmark could dip toward 22,000 or all-the-way to 19,000-mark in case it breaks the key support at 23,535 levels

India VIX surges 23% on geopolitical jitters; up 39% so far in March

Geopolitical tension also impacted oil prices as it touched $100 per barrel for the first time in more than three-and-a-half years on Sunday

Meesho receives income tax demand notice of around ₹1,500 crore

E-commerce firm Meesho has received an income tax demand notice of around Rs 1,500 crore, including interest, which the company plans to contest, a recent company filing said. Meesho received the notice on March 6 for assessment year 2023-24. "The Assessment Unit of Income Tax Department has raised a tax demand aggregating to Rs 14,99,73,82,840, including applicable interest," the filing said. The filing said that the demand order is based on certain additions and adjustments to the income reported by the company. "The company is currently evaluating the Assessment Order and does not concur with the observations and adjustments made in the Assessment Order. The company believes that it has adequate legal and factual grounds to contest the same and is taking necessary steps to protect its interest," Meesho said. The e-commerce firm said that a similar demand order was issued for the assessment year 2022-23 as well, which it disclosed in detail in the prospectus filed on December 5,

Panic selling grips SMIDs as geopolitical fears drag benchmarks down 3%

The sell-off, however, was more pronounced in the broader markets, with the Nifty Midcap100 and Nifty Smallcap100 indices plunging 3.57 per cent and 3.64 per cent, respectively

₹13 trn wiped out from D-St as Sensex, Nifty fall 3% amid West Asia crisis

On March 9, the combined market cap of all BSE-listed companies had fallen by ₹12.78 trillion, sliding to ₹436.89 trillion from the previous session's close of ₹449.68 trillion

Gold, silver ETFs trade with mild gains amid geopolitical uncertainty

At 9:23 AM, DSP Silver ETF climbed 0.32 per cent, UTI Silver ETF gained 0.27 per cent, and Groww Silver ETF rose 0.16 per cent

FMCG stocks fall as rising commodity prices threaten margins: Nomura

Nifty FMCG index dropped 2.4 per cent today as commodity prices rise amid Iran war. Nomura warned that higher input costs could hurt margins of HUL, GCPL and Colgate Palmolive in Q1FY27

Nifty PSU Bank tanks 6%; Bank of Maharashtra, UBI, BOI, PNB plunge up to 9%

At 09:32 AM on Monday, the Nifty PSU Bank index was the top loser among sectoral indices, down 5.4 per cent as compared to 2.8 per cent decline in the Nifty 50.

Oil price-sensitive stocks slide: airlines, tyres, paints under pressure

Brent crude rose as much as 28.9 per cent to $119.5. West Texas Intermediate, the light, sweet crude oil produced in the US, was trading at $113.4 a barrel, up 24.7 per cent from Friday's close

Delhi AQI stays 'poor', temperatures above normal; mercury to cross 35°C

Overall AQI at 208 with 25 stations in 'poor' category; warm night and cloudy skies push minimum temperature well above normal across the capital

Qatar LNG pause may flip global supply surplus into deficit: Morgan Stanley

Analysts at Morgan Stanley said that if the LNG outage in Qatar extends beyond a month, the global LNG market forecast could quickly swing from surplus to deficit

BEL, GRSE: Defence stocks fall after 17% rally amid Iran war; time to buy?

The recent up move in Nifty Defence reflects renewed buying after a long phase of consolidation, says Om Mehra, technical analyst at SAMCO Securities. The analyst is bullish on BEL, BDL and GRSE.

Elara turns cautious on autos as macro headwinds weigh on global demand

On the positive side, the CV demand outlook from Volvo Group, Elara said, has been upgraded, with the company now expecting growth of 2.9 per cent in Europe and 2.7 per cent in the US in CY26

Rajputana Stainless IPO opens: Analysts offer mixed views; should you bid?

Rajputana Stainless withdrew its anchor book later in the day on March 6 after receiving participation from only one institutional investor.

Ayatollah Khamenei's son Mojtaba named Iran's new supreme leader

Mojtaba Khamenei, a son of Iran's late Supreme Leader Ayatollah Ali Khamenei who was named as his successor on Sunday, had long been considered a contender to the post even before an Israeli strike killed his father and despite the fact he has never been elected or appointed to a government position. A secretive figure within the Islamic Republic, Mojtaba Khamenei was not seen publicly in the days after an Israeli airstrike targeting the supreme leader's offices killed his 86-year-old father at the start of the war. Also killed in that strike were the younger Khamenei's wife, Zahra Haddad Adel, who came from a family long associated with the country's theocracy. Mojtaba Khamenei will now have a central say in Iran's war strategy, with the country's powerful paramilitary Revolutionary Guard answering to him. The announcement of his selection came after signs of a rift among Iranian officials as Iran awaited the decision by the 88-seat Assembly of Experts, a group of clerics that ...

Iran launches 'Operation True Promise 4' against US, Israeli assets

The regional scope of the conflict has widened as the Lebanese Hezbollah movement and the Islamic Resistance in Iraq joined the front

HDFC Sec initiates coverage on 8 defence stocks; HAL, BEL among top picks

The brokerage in its note highlighted that the global defence sector has entered a structurally elevated growth phase, driven by persistent geopolitical conflicts

Weather update: Rain likely in northeast; heat wave in other parts of India

Above-normal temperatures and heat wave conditions persist in parts of west and central India while thunderstorms may bring rain to eastern regions

Sun Pharma, Hindustan Aeronautics top stock picks for today; check targets

Sun Pharma and Hindustan Aeronautics are among the top stock picks by Rajesh Bhosale of Angel One

Stocks to Watch today: UltraTech Cement, Dr Reddy's Labs, Tata Power, GNFC

Stocks to Watch today, March 9, 2026: HDFC Life Insurance, Tata Power, GNFC, Avenue Supermarts, and Meesho are among the top stocks to remain in focus today

Short-term oil spike 'small price' for ending Iran's nuclear threat: Trump

Trump's remarks to assuage the fears come after oil prices surged past $100 per barrel on Sunday--first time crossing the mark since the Russia-Ukraine conflict began in 2022

F&O strategy: Analyst bets on Polycab; shorts Torrent Power, Eicher Motors

Eicher Motors share price has been in a strong and consistent bullish trend over the past six months, forming a steady higher high and higher low structure on the daily chart

Air India to run 32 special flights today from UAE amid West Asia crisis

Air India and Air India Express move to bring stranded travellers home while maintaining flights to Jeddah and Muscat

India becomes first team to defend T20 World Cup title, lift trophy at home

The triumph followed India's title win in the 2024 T20 World Cup, when Rohit Sharma led the team to victory in the tournament held in the United States and the West Indies.

West Asia war: 45K Indian containers stuck; export costs increase fivefold

Exporters stare at either a diversion in routes, or a U-turn to India

Cruising on the road less taken: Indian women are rewiring motorsport

As women open new doors everywhere, the gaps in motorsports - on and off the track - also stand exposed. An International Women's Day feature

The road to 2047: Some thoughts for banking panel for Viksit Bharat

Issues the high-level committee can look into to prepare the Indian banking system for 2047

PM Modi inaugurates India's 1st 'ring metro' in Delhi: Check route details

PM Modi launches two Delhi Metro corridors completing the capital's first ring metro while also laying foundation stones for new routes and housing projects worth thousands of crores

FPIs pull ₹21,000 cr in last four trading sessions amid West Asia conflict

Foreign investors pulled out Rs 21,000 crore (around USD 2.3 billion) from Indian equities over the last four trading sessions amid deteriorating global risk sentiment triggered by the West Asia crisis. The latest sell-off comes after foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, the highest monthly inflow in 17 months. Prior to that, FPIs had been net sellers for three consecutive months. They withdrew Rs 35,962 crore in January, Rs 22,611 crore in December, and Rs 3,765 crore in November, according to data from the depositories. The latest outflows occurred during March 2-6, when FPIs sold equities worth about Rs 21,000 crore in the cash market. March 3 was a trading holiday on account of Holi. Market experts attributed the pullout primarily to the rising geopolitical tensions in West Asia. The US and Israel launched a major attack on Iran on February 28 which killed Iran's Supreme Leader Ayatollah Ali Khamenei, triggering conflict

Mcap of 8 top valued firms erodes by ₹2.81 trn, SBI biggest laggard

The combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore last week, with the State Bank of India taking the biggest hit, in tandem with a weak trend in equities. Last week, the BSE benchmark tanked 2,368.29 points, or 2.91 per cent. "Markets ended the holiday-shortened week with steep losses as escalating geopolitical tensions in West Asia and a sharp spike in crude oil prices weighed heavily on investor sentiment," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. From the top-10 pack, Reliance Industries and Infosys were the only gainers. The market valuation of State Bank of India tumbled Rs 53,952.96 crore to Rs 10,55,567.27 crore. ICICI Bank's valuation eroded by Rs 46,936.82 crore to Rs 9,40,049.82 crore and that of HDFC Bank dived Rs 46,552.3 crore to Rs 13,19,107.08 crore. The valuation of Larsen & Toubro tanked Rs 45,629.03 crore to Rs 5,43,208.36 crore. The market capitalisation (mcap) of Bajaj Finance dropped by Rs ..

Iran war: How ships are avoiding being targeted in Strait of Hormuz

As attacks intensify around the Strait of Hormuz, several commercial ships are altering transponder signals to claim Chinese ownership or crew in an apparent attempt to avoid being targeted

Midlife health: Why women in middle age need recovery more than reinvention

International Women's Day 2026: From perimenopause brain fog to metabolic shifts, here's why women thrive when they prioritise recovery over constant reinvention

Early summer conditions grip most parts of India as temperatures rise

Early summer-like conditions are emerging across large parts of India as temperatures rise above seasonal averages, with the IMD warning of warmer days ahead

Hurun Rich List 2026: India now has 308 billionaires, ranks third globally

India added 57 billionaires in the past year, even as Mukesh Ambani remained Asia's richest person and Mumbai strengthened its position as a major global hub for billionaire wealth

RBI draft proposes up to ₹25,000 compensation for small digital frauds

RBI's draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence, if reported within five days

Karnataka proposes social media ban for children under 16 in Budget

Karnataka has proposed banning social media use for children under 16, with Andhra Pradesh and the Centre weighing similar curbs as concerns grow over digital addiction and harmful content

West Asia war: Better placed than 1991, but impact may be longer, say govt

A prolonged conflict in the region can be detrimental to the economy, placing pressure on inflation, exchange rate, trade and capital flows, the balance of payments, and the current account deficit

Indian refiners seek legal clarity on buying Russian oil under US waiver

The US on Thursday allowed Indian refiners a 30-day waiver from sanctions to buy Russian oil loaded on vessels as of March 5. Approval related to Russia's oil sale to India is valid until April 4

Govt amends I-T rules: Crypto, digital money now under reporting framework

From January 2026, crypto-assets, CBDCs and electronic money products will fall under India's expanded FATCA-CRS reporting regime, strengthening tax transparency and compliance

War shadow dims Brand Dubai's glitter amid rising West Asia tensions

With $250 billion property deals in 2025, property market may continue to show resilience