Benchmark equity indices Sensex and Nifty ended nearly 2 per cent higher on Wednesday, starting the new financial year on a firm footing as global markets rallied on hopes of a potential de-escalation in the ongoing West Asia conflict.The 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During intra-day…
Reserve Bank of India (File photo) With the beginning of the new financial year, India’s digital payments landscape is poised for a major security overhaul as the Reserve Bank of India (RBI) rolls out stricter authentication norms from April 1.The move comes in response to rising transaction volumes and increasing fraud risks. RBI aims to…
Top 10 changes to your finances (AI image) It’s the start of a new financial year 2026-27, and from today, April 1, 2026 several small and big changes in the way you manage your finance, and income tax come into effect. Some of the changes affect credit card users, FASTag subscribers, RuPay debit cardholders. Here…
Representative image (AI-generated) With the near-closure of the Strait of Hormuz disrupting global oil supplies, several Asian countries are turning to Russian oil to fill the gap caused by the Iran war.Energy-starved nations in the region are taking advantage of US sanction waivers to secure Russian crude, Bloomberg reported. The Philippines recently received its first…
GST collections: India’s net Goods and Services Tax (GST) collections increased to Rs 1.78 lakh crore in March 2026, marking a rise of 8.2% compared to the previous month, according to official figures released on Wednesday.Gross GST revenue for March stood at Rs 2 lakh crore, which is an 8.8% increase over the same month…
Since the onset of the geopolitical tensions, the currency has declined by roughly 4%. (AI image) Will the US-Iran war lead to the rupee hitting the 100 per dollar mark? Experts are of the view that a prolonged Middle East conflict may lead to the rupee depreciating even more with policy measures unlikely to offer…
AP photo European Union energy commissioner Dan Jorgensen warned that amid the ongoing Iran war, oil and gas prices in Europe are unlikely to return to normal levels anytime soon, even if peace were declared tomorrow.Skyrocketing energy costs have pushed gas prices up by about 70% and oil prices by 60% in Europe since the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rallied in opening trade on Wednesday on hopes of an end to the US-Iran war. While Nifty50 went above 22,800, BSE Sensex was up over 1,600 points. At 9:16 AM, Nifty50 was trading at 22,828.60, up 497 points or 2.23%. BSE Sensex was…
Trump said that Tehran is not required to reach an agreement for the conflict to de-escalate. He is expected to address the nation later in the day with an update on the situation. Global equity and bond markets strengthened on hopes that tensions in the Middle East could ease. “Should geopolitical tensions de-escalate further, then…
MUMBAI: Sammaan Capital, formerly Indiabulls Housing Finance, will pivot to a multi-asset lender spanning personal/gold/MSME loans after its acquisition by Abu Dhabi-based International Holding Company for about Rs 8,850 crore, making it a multinational NBFC.IHC’s affiliate Avenir Investment RSC will take a 41.5% stake via preferential shares/warrants, with scope to cross 63% through a mandatory…
