Mumbai, March 11 (IANS) Indian benchmark equity indices ended sharply lower on Wednesday as a surge in global oil prices and rising geopolitical tensions weighed on investor sentiment. At the closing bell, Sensex settled at 76,863.71, down 1.72 per cent or 1,342.27 points, while the Nifty ended at 23,866.85, plunging 394.75 points or 1.63 per cent. The decline was led by automobile, banking, real estate, IT, FMCG and consumer durables stocks such as Bajaj Finance, Axis Bank, Eicher Motors, Mahin…
Latest Geopolitical Tensions News & Updates
New Delhi, March 10 (IANS) India is securing its energy needs by diversifying import sources beyond West Asia amid rising geopolitical tensions in the region, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday, assuring citizens that domestic gas supplies remain stable.During an informal interaction with members of the media, Puri said India continues to receive energy imports through different sources and supply routes, ensuring stability in the country’s fuel availab…
Mumbai, March 7 (IANS) Domestic equity benchmarks plummeted nearly 3 per cent this week on a cautious note amid heightened volatility, as persistent foreign fund outflows and escalating geopolitical tensions in the Middle East kept investors on edge.The frontline indices saw a fall of 2.9 per cent each. Sensex closed at 78,918.90 against Friday’s close of 81,287.19 (February 27), while Nifty settled at 24,450.45 against the previous week’s 25,178.65 closing.Meanwhile, foreign institutional inv…
New Delhi, March 4 (IANS) Elon Musk-owned social media platform X on Wednesday announced major changes to its creator revenue-sharing programme as it steps up efforts to control the spread of AI-generated content, especially during times of conflict. The move comes as the platform faces rising concerns over misinformation amid the ongoing tensions involving the United States, Israel and Iran.In a post, X’s Product Head Nikita Bier said the company is revising its Creator Revenue Sharing polici…
New Delhi, March 3 (IANS) Passengers returning from Dubai amid ongoing Middle East tensions said that while life in the city remains largely normal, concerns over regional developments, particularly involving Iran, prompted them to return to India as a precautionary measure.Speaking to IANS in Delhi, a passenger said, “The situation is normal, and as residents, we are not feeling anything unusual. However, since some actions are taking place here and there, we feel it is better to return home …
New Delhi, Feb 28 (IANS) Oil prices are expected to rise due to the “massive combat operation” launched by the US and Israel on Iran which brings the Strait of Hormuz into the war zone, leading to a disruption in crude exports from the Middle East countries.Over 20 per cent of the world’s oil supply is shipped out of the Strait of Hormuz which links the Persian Gulf with the Gulf of Oman and the Arabian Sea. With heavy missile bombardment and US President Donald Trump announcing that an an…
Mumbai, Feb 28 (IANS) Indian stock markets ended the week on a weak note, with benchmark indices falling amid global uncertainty and rising geopolitical tensions. Investors remained cautious as volatility in global markets and uncertainty around US-Iran talks dampened sentiment, even though India’s latest GDP data showed strong growth.For the week, both the Sensex and the Nifty fell around 1.5 per cent. Broader markets also remained under pressure, with the Nifty Midcap 100 and Smallcap 100 in…
New Delhi, Feb 27 (IANS) Gold and silver prices posted strong gains on Friday, amid rise in the US-Iran tensions and marginal decline in US dollar.MCX gold April futures gained 0.43 per cent to Rs 1,60,399 per 10 grams around 12.30 am on an intra-day basis. Meanwhile, MCX silver March futures gained 3.05 per cent to Rs 2,67,600 per kg.The US-Iran nuclear negotiations were extended without any clear progress, keeping geopolitical tensions elevated. The buildup of US troops led to both countries e…
Mumbai, Feb 9 (IANS) The Indian equity markets opened the week with gains on Monday amid more clarity on the India-US interim trade framework and improvements in domestic fundamentals and easing of geopolitical uncertainties.As of 9.25 am, Sensex added 370 points, or 0.44 per cent, to reach 83,950, and Nifty gained 117 points, or 0.46 per cent to settle at 25,811.Main broad-cap indices posted strong gains, as the Nifty Midcap 100 added 0.66 per cent, and the Nifty Smallcap 100 edged up 0.85 per …
New Delhi, Jan 24 (IANS) India is aiming to nearly triple its exports to $1.3 trillion by 2035 by pushing manufacturing-led growth through structural reforms and deregulation, rather than relying on heavy government spending, according to reports.The strategy marks Prime Minister Narendra Modi’s third major attempt to turn India into a global manufacturing hub and a key driver of world trade.The government is focusing on 15 priority manufacturing sectors, including high-end semiconductors, met…