In an economy that imports more than four-fifths of its crude oil, external shocks transmitted through energy prices, shipping route, and volatile commodity markets can significantly reshape fiscal arithmetic. In this context, India must rebalance toward income-led demand, more resilient revenue bases and greater energy diversification

The interim order was passed against noticees Vipin Sharma and Pawan Kumar Ray

Fundraising rises 20% despite fewer listings, while weak post-listing performance, cooling market activity and shifting investor trends signal caution beneath the surface.

As of May 2025, Oracle had a workforce of around 162,000 employees. The company has declined to comment on the layoffs.

US President Trump reports progress in talks with Iran to end military operations but warns of expanding strikes if no deal is reached and Strait of Hormuz remains closed.

The surge in exports could boost spot sale margins for Indian refiners who have ‌purchased large volumes of prompt Russian crude to replace Middle East supply disrupted by the war

The Realme 16 5G emphasises a large battery and strong everyday performance, along with a "selfie mirror."

With escalating tensions in West Asia, the government has sought to institute mechanisms for an accelerated and incentivised transition to piped gas

The preferential issue of units is being made at an issue price of ₹ 484.89 per unit

Dubai Media Office says incident caused minor injuries and property damage; urges reliance on official updates

The programme has expanded significantly over the past 14 years.

The income-tax department has notified all seven ITR forms for AY2026-27. Taxpayers must choose the correct ITR form based on their past tax filing history and current income profile. 

The central bank said that it will continue to monitor the situation closely and intervene in an appropriate manner as and when required.

New Delhi pushed for consensus on long-pending agriculture issues, including public stockholding for food security and a special safeguard mechanism, particularly in cotton.

Biogen will buy Apellis Pharmaceuticals for about $5.6 billion, adding a promising kidney disease drug to broaden ‌its rare-disease portfolio ⁠amid efforts ⁠to diversify beyond its slowing multiple sclerosis franchise.

Taxpayers with inactive PANs are facing real consequences: blocked tax refunds, higher TDS deductions and restrictions on financial transactions.

A 70-year-old soft drink entrepreneur seeks advice on passing on his recipe, brand name, logo and other intellectual property to his children through structured estate planning.

Inflation erodes the value of money every year, so what seems enough today may not be enough 10, 20, or 30 years later.

Tentatively titled SVC63, the film is being planned as a big-budget action drama and is likely aiming for an Eid 2027 release.

Ahead of its official global launch on April 2, the makers hosted a special preview screening in Los Angeles, where select audiences got to watch the first glimpse of the film.

U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran.

At the Ministry of Development of North Eastern Region (DoNER), Secretary Chanchal Kumar has been appointed as the new Information and Broadcasting Secretary, while Sanjay Jaju will take charge as DoNER Secretary.

Expert verdict: Top analysts weigh in on Dixon Technologies, JSW Energy and ICICI Bank.

In Budget 2025, Finance Minister Nirmala Sitharaman announced no income tax for salaries up to ₹12 lakh under the new tax regime. Taxpayers must choose between new and old regimes based on their financial situation.

The new norms apply to directors across public and private companies, as well as designated partners in LLPs and are aimed at reducing compliance burden.

Unilever will merge its food business with ​spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the second-largest food transaction in history.

As per the Income Tax Act 2025, which comes into effect from April 1, 2026, Forms 15G and 15H merged into a single unified Form 121; Form 26AS renamed as Form 168 and much more...

Warren Buffett remains actively involved in Berkshire Hathaway investment decisions despite stepping down as CEO. He collaborates with Greg Abel, maintains a cautious market outlook, and oversees significant liquidity deployment in Treasury securities.

Doha says 90% of attacks thwarted; backs Pakistan-led peace efforts, urges restraint on energy and nuclear targets

The Dow Jones Industrial Average rose 449.22 points or 0.99%, S&P 500 also rose over 1.26%, while Nasdaq was up 1.62%.

Pentagon claims 11,000+ targets hit in a month; US signals pressure on Iran amid concerns over Russia-China support

Global markets surged Tuesday, led by Wall Street, as investor confidence returned amid hopes of de-escalation in the Middle East. Reports suggest a potential shift in US strategy towards diplomacy, easing fears of oil supply disruptions. Indian markets are also expected to open higher, anticipating a relief rally after recent declines.

AAP MP Raghav Chadha argued that caregiving after childbirth should not be considered solely a mother’s responsibility.

Nifty may see a rebound from Wednesday as analysts spot hidden bullish signals, with short-term buy ideas on IPCA Labs and DMart offering up to 14% upside.

India will mark the beginning of the new financial year with sweeping tax reforms, as the Income-tax Act, 2025, comes into force on April 1, 2026, replacing the legislation that has been in place since 1961.

Dalal Street investors have lost a whopping Rs 51 lakh crore from their wealth since the West Asia conflict began late last month, with the BSE benchmark Sensex tumbling over 11 per cent during this time, as investors fled riskier assets due to the cascading effect of the war on crude oil prices and markets globally.

Majority of the blocks made operational are from Gujarat

One of the most significant changes is the removal of the Rs 10 lakh cap on courier export consignments.

Berger Paints to raise prices by 5-10% from April 9; follows Asian Paints 6-8% hike in phases

In 2005, Walsh took over as CEO of British Airways. He went on to lead the merger of British Airways and Iberia in 2011, creating International Airlines Group (IAG), where he served as CEO until September 2020.

William Walsh is expected to join IndiGo no later than ‌August 3, the ​airline said in a ⁠statement

Seth Klarman’s philosophy highlights a crucial investing truth: most investors chase returns while neglecting risk. This return-first mindset leads to costly mistakes, as true wealth creation depends on protecting capital, maintaining a margin of safety, and recognising that the biggest threat is permanent loss—not short-term volatility or missed upside.

US President Trump reports progress in talks with Iran to end military operations but warns of expanding strikes if no deal is reached and Strait of Hormuz remains closed.

Claims by Trump allies against Barack Obama over the “Russia hoax” have resurfaced, but remain unproven. Past probes confirmed Russian interference in 2016 polls, with no evidence of a criminal conspiracy involving Obama.

The court also noted that the nature of the activity and the involvement of unknown entities justified grant of a John Doe order, extending protection beyond the named parties.

In a message to UK and other nations, Trump said that countries will have to start learning how to fight for themselves.

Meanwhile, Faiz Ahmed Kidwai has been appointed as Additional Secretary in the Department of Personnel and Training (DoPT).

Dhurandhar 2: The Revenge Collection dropped from Monday, showing a clear weekday slowdown.

Overall data traffic in India crossed 27 EB per month in 2025, registering a compound annual growth rate (CAGR) of 21.7% over the past five years.

Even though separated, Hrithik and Sussanne have maintained a close bond and continue to co-parent their children Hrehaan and Hridaan.

After an 11% March crash driven by the escalating Iran–US conflict, Elara Securities says the Nifty may have limited downside ahead. Historical data shows conflicts typically cap drawdowns near 10%, and with valuations now 7% below long-term averages, the brokerage expects a potential rebound as risks gradually ease.

Claims by Trump allies against Barack Obama over the “Russia hoax” have resurfaced, but remain unproven. Past probes confirmed Russian interference in 2016 polls, with no evidence of a criminal conspiracy involving Obama.

Sebi passed an interim order against Elitecon International and barred key promoters over alleged misleading disclosures, governance lapses and suspicious trading. The regulator flagged unusual price movements, irregular shareholding changes and discrepancies in operations, signalling possible manipulation and prompting further scrutiny as proceedings continue to determine liabilities and penalties.

Social Security payments in the United States for April 2026 will be distributed based on beneficiaries’ birth dates. Those born between the 1st and 10th will receive payments on 8 April, while others will be paid later in the month.

EPF rules explained with clarity on interest, pension eligibility, withdrawals, and retirement timelines, helping salaried individuals optimise EPF benefits and avoid costly misconceptions in long-term financial planning.

The pill-shaped cutout housing the TrueDepth camera and Face ID sensors could measure 13.49mm on the iPhone 18 Pro model, compared to the 17 Pro’s 20.76mm wide cutout.

The former India captain and current President of Cricket Association of Bengal believes Eden Garden has recently hosted a few marquee international cricket matches and other stadiums should get their chance of hosting Tests.

Month-long US–Israel offensive intensifies; Strait of Hormuz disruption fuels oil surge and market volatility

Walsh is currently the DG of IATA.

Poonam Pandey shared AI-generated photos showing a baby bump, sparking pregnancy rumors on social media.

The match between Punjab Kings and Gujarat Titans is scheduled to start from 7:30 p.m. IST at theMullanpur Cricket Stadium in New Chandigarh on Tuesday.

Willie Walsh is expected to join IndiGo no later than ‌August 3, the ​airline said in a ⁠statement

Gujarat Victory Forgings has filed its draft red herring prospectus (DRHP) with market regulator Sebi for its initial public offering (IPO), which will comprise a fresh issue of 65 lakh shares and an offer for sale of 1.32 crore shares by promoter Vijendrakumar Bishamber Gupta.

The controversy surfaced after a Punjab Police letter addressed to PSL CEO Salman Naseer circulated widely on social media.

Starting 1 April 2026, significant financial rule changes will affect taxpayers, bank customers, and digital payment users in India, including the new Income Tax Act and the two-factor authentication for digital transactions. Details here. 

An official notification said Ashwini Bhide will also continue holding charge as Managing Director of Mumbai Metro Rail Corporation.

On Tuesday, Mumbai saw dense cloud cover in the early hours, with dark clouds moving over Nariman Point in South Mumbai.

Sammaan Capital has officially become an International Holding Company group firm after receiving Rs 5,652 crore in the first tranche of a major stake sale. Through affiliate Avenir Investment RSC, IHC will acquire 41.5% now and complete the remaining investment upon warrant conversion, marking one of India’s largest NBFC-sector deals.

Nithin Kamath cautions that AI cannot help retail investors consistently make money in trading due to behavioural biases and lack of informational edge. While AI can improve discipline and execution, it cannot create profitable strategies. Institutional players retain structural advantages, limiting retail investors’ ability to outperform markets sustainably.

CBDT clarifies TDS on bank interest under the Income Tax Act 2025, ensuring clear thresholds, senior citizen benefits and smooth compliance, helping depositors manage fixed deposits and recurring interest efficiently.

European stocks inched up on Tuesday as investors drew some comfort from hopes of de-escalation in the Middle East war, but ‌the benchmark ⁠index was ⁠still set for its sharpest monthly decline since 2020 amid supply-chain ​disruptions.

In FY26, a select group of Indian stocks delivered exceptional returns. Twenty companies with market caps above Rs 3,000 crore and significant trading volume saw substantial growth. The top ten performers surged dramatically, with gains ranging from 125% to an astounding 1,655%. These stocks became significant wealth creators, more than doubling investor value within the fiscal year.

South Korean markets buckled on Tuesday, with shares sliding ​toward their worst monthly performance since the global financial crisis and the won sinking to post-crisis lows, as the Middle East war sent investors fleeing worldwide.

The Sensex has erased two years of optimism, slipping from the 100,000 hype to a two-year low and delivering zero returns. Weak earnings, heavy FII outflows, global tensions, and delayed Fed cuts dragged markets through FY26, leaving investors with caution as FY27 shapes up as a year of selective opportunities.

The museum is named after Samrat Samprati Maharaj (224-215 BC), the grandson of Samrat Ashoka and a Mauryan ruler known for propagating Jainism and the principle of non-violence.

Eight stocks, including Adani Power and Hyundai Motor India, will enter the F&O segment from April 1, with NSE announcing position limits. The move is expected to improve liquidity and trading volumes, following SEBI’s revised eligibility norms aimed at ensuring higher-quality stocks with sufficient market depth.

Fuel spikes, airspace closures and lifted fare caps are pushing ticket prices sharply higher—reshaping business and leisure travel plans across domestic and global routes.

Aadhar Housing Finance has attributed this rise in demand to a strong combination of economic growth, infrastructure development, and evolving buyer preferences across Tamil Nadu

Initiative aims to bring experience and expertise led research into everyday investor decision-making

Girls outperformed boys in Arts and Science streams, while boys recorded a higher pass percentage in Commerce, officials said.

Ian Williams Langford, a British broadcast engineer working with BCCI for IPL coverage, was found dead in his Mumbai hotel room. An accidental death report has been filed.

The actor-entrepreneur invests in fitness, food, and lifestyle brands, betting on passionate founders while managing losses strategically.

It said the Indian economy, which imports nearly 90% of its crude oil requirements, is also highly dependent on imports of natural gas and fertilisers, and is particularly vulnerable to such external shocks

The establishment inspection report (EIR) was issued following a current good manufacturing practice (cGMP) and pre-approval inspection (PAI) of the oral solid dosage manufacturing operations between December 15 and 19

The exact cause of the stampede is not known, but there was a huge rush of devotees

KWIL has also announced changes at the top level. It has approved the appointment of Abhijit Bhattacharya as an additional (non-executive and non-independent) director of the company and chairman of the board

Leander Paes had joined the Trinamool Congress in 2021 and campaigned for the party during the Goa elections in 2022.

NASA Artemis II: For this 10-day planned mission to the moon, four crew members will travel on the Space Launch System rocket and the Orion spacecraft.

RBI Sachet Portal helps users verify financial institutions, report fraud, and track complaints.

8th Pay Commission News: The fitment factor was 1.86 during the 6th CPC and 2.57 in the 7th Pay Commission.

Gujarat Victory Forgings Ltd. plans to utilise the proceeds from the fresh issue towards funding capital expenditure for the expansion of its existing Unit III at Vadodara

The domestic unit depreciated 11 paise to close at 82.84 against the greenback.

The MSCI Asia gauge climbed 15% from the start of the year to its record high on Feb. 27, far outpacing global equities.

US stock futures surged after reports suggested Donald Trump may seek to end the Iran conflict, easing investor concerns over prolonged geopolitical tensions. Gains in Dow, Nasdaq and S&P futures come amid stable oil prices and falling bond yields, although uncertainty remains due to ongoing risks in the Strait of Hormuz.

Usha Vance, US Second Lady and wife of Vice President J D Vance, says she acts as a trusted adviser, especially on personal issues, while respecting differences in opinion.

Debt mutual funds follow different strategies—some bet on falling rates, others earn steady income. With yield spreads wide, here’s how duration and accrual strategies stack up now.

Debt mutual funds follow different strategies—some bet on falling rates, others earn steady income. With yield spreads wide, here’s how duration and accrual strategies stack up now.

US President Trump reports progress in talks with Iran to end military operations but warns of expanding strikes if no deal is reached and Strait of Hormuz remains closed.

The drug is indicated for reversal of neuromuscular blockade induced by rocuronium bromide and vecuronium bromide in adults and pediatric patients aged 2 years and older undergoing surgery

Bitcoin held near the $67,000 level amid persistent geopolitical tensions and macro uncertainty, while mixed price action reflected cautious sentiment. Altcoins largely declined, and overall market capitalisation edged lower. Despite some recovery attempts, volatility remains elevated as investors assess inflation risks, liquidity conditions, and global policy signals.

TRAI DND App: In an X post, the regulator shared key steps that can help users gain better control over unwanted communications.

Housing sales across nine major cities dropped 13% YoY to 98,761 units in Q1 2026, slipping below the 1 lakh mark after 18 quarters amid weak supply and global uncertainties.

PM Narendra Modi, along with Jain seers, inaugurated the museum on the occasion of Mahavir Jayanti.

The only way to truly learn investing is to live through the fear and the panic—because markets don’t test your knowledge, they test your nerve. Real conviction is forged not in bull runs, but in moments when staying invested feels hardest.

Branch services at banks in many states will be suspended on April 1 as institutions wrap up their financial year-end formalities.

Everything you need to know about the 10 major financial updates that can significantly affect your wallet from Apr. 1, 2026.

She has previously held positions at the Mumbai Metropolitan Region Development Authority and Mumbai Metro Rail Corporation.

Gold and silver prices rebounded in global markets after a sharp March sell-off, supported by a weaker dollar and easing bond yields. However, sentiment remains cautious as inflation risks, elevated energy prices, and fading expectations of US rate cuts continue to weigh on outlook and keep volatility elevated.

With this launch, the X300 Ultra has turned into the world’s first smartphone with dual 200MP cameras.

Market expert Sudip Bandyopadhyay urges caution for retail investors. He advises against rushing into the market or investing all cash at once. Value buying should be done in small parts. He highlights aluminium as a strong trade and suggests picking only the biggest bank names very slowly. Defence sector shows promise but valuations are stretched.

India’s IPO market in FY26 has seen a sharp downturn, with nearly two-thirds of listings trading below issue price. Weak market conditions, stretched valuations and cautious investor sentiment have weighed on performance, marking a reversal from earlier gains. Analysts view this as a cyclical correction, with recovery dependent on broader market stability.

8th Central Pay Commission Dehradun Visit 2026 invites stakeholders for consultations on pay, allowances, and pensions. The deadline to submit participation requests for the 24 April meeting is 10 April.

Ireland-based Apple Distribution International (ADI), which instructs payments to software developers who use the App Store, was fined for paying a sanctioned Russian company in 2022

FY26 proved turbulent for Indian equities, with the Nifty declining amid geopolitical tensions and volatility. Nearly half of Nifty 50 stocks posted losses, with several heavyweights falling sharply. Weak sentiment, sectoral pressures, and stock-specific challenges defined a difficult year, highlighting broad-based investor pain and market-wide stress.

From April 1, Indian markets face major regulatory changes as higher taxes and stricter funding norms reshape trading. Securities transaction tax (STT) on derivatives is rising sharply—150% on futures and 50% on options—while new RBI rules require 100% collateral for bank guarantees in proprietary trading, up from 50%.

From April 1, Indian markets face major regulatory changes as higher taxes and stricter funding norms reshape trading. Securities transaction tax (STT) on derivatives is rising sharply—150% on futures and 50% on options.

Prime Minister Narendra Modi will inaugurate the Samrat Samprati Museum in Gandhinagar and launch ₹20,000 crore projects, including the Ahmedabad-Dholera Expressway, boosting infrastructure, connectivity and cultural heritage.

Consumer electronics retailer Sathya Agencies Ltd has filed preliminary papers with Sebi for a Rs 600 crore IPO. The offering includes a Rs 300 crore fresh issue and a Rs 300 crore offer for sale by promoters. Proceeds will be used for debt repayment, subsidiary acquisition, and general corporate purposes.

Global tensions are creating market dips. Vaibhav Sanghavi, CEO of ASK Hedge Solutions, sees this as a chance for long-term investors. He is bullish on consumer discretionary and staples, data centers, industrials, and private sector banks. Sanghavi advises patience and selectivity for a three- to five-year view. The current volatility presents a window for strategic investments.

Oil prices eased slightly after a sharp rally, with Brent crude falling over 1% to around $111 per barrel. The dip came after reports that Donald Trump is open to ending the Iran war, even if the Strait of Hormuz does not fully reopen immediately, raising hopes of potential de-escalation in the region.

Nasdaq is changing its rules for the Nasdaq-100 index. New large companies can now join faster. This aims to keep the index updated with big firms. The changes will start in May. This move reflects companies staying private longer. It also addresses fewer US companies listing publicly. Faster entry means more visibility and investor interest for new market leaders.

Private equity investments in India’s real estate sector rebounded sharply in 2025, rising 59% to $6.7 billion, led by office, data centres and residential assets. Strong macro fundamentals, easing rates and foreign investor dominance supported inflows, while land investments signal a robust pipeline of future institutional-grade developments.

While GPT generates the response, Claude ‌will review the output for accuracy and quality before presenting ‌it ⁠to the user, Microsoft said

Investors are flocking to US dividend stocks this year, seeking stability amid global uncertainties and interest rate worries. These income-generating equities are attracting billions, offering a middle ground between stocks and bonds. Higher payouts from energy companies, boosted by geopolitical tensions, further fuel this trend, making dividend funds a popular choice for resilient returns.

Multi-asset allocation funds are gaining prominence in Indian mutual fund portfolios, attracting significant inflows and growing assets. These funds offer a diversified approach by investing in equity, debt, and commodities, providing resilience across market cycles. Investors are increasingly recognizing their value as a strategic core holding for long-term wealth creation.

Authorities in provinces and cities including Jiangsu and Shenzhen have demanded the owners of these trusts report detailed financial information including investment gains from dividends and share disposals

The Trump administration proposed allowing alternative assets like private equity and crypto in U.S. retirement plans, aiming to broaden investment options and unlock capital. While supporters cite diversification benefits, critics warn of risks like high fees and illiquidity for retail investors. The rule places fiduciary responsibility on plan managers to evaluate these complex assets.

Federal Reserve Chair Jerome Powell indicated the central bank is in no rush to adjust interest rates, preferring to wait for clearer economic signals amidst the Iran conflict. Rising fuel prices present a complex challenge, but Powell noted stable long-term inflation expectations, allowing for patience as the Fed monitors incoming data.

Global energy price surges and weakened growth forecasts have boosted the dollar as a safe haven, with traders holding over seven billion dollars in bullish derivative bets.

Oil prices fell below $102 after reports that President Trump may end the Iran conflict even if the Strait of Hormuz remains closed, following recent tanker attacks.

ONGC added that production from all its wells would be ramped up in a “phased manner”.

Stocks rose and oil prices fell after reports that President Trump is open to ending the US military campaign against Iran despite the Strait of Hormuz remaining closed.

Dhurandhar 2: The Revenge: The Aditya Dhar directed movie collected over Rs 25 crore net domestically on Day 12.

RBI delays capital market exposure rules to July 2026: what banks, corporates and investors need to know

Indian stock markets are poised for a potential rebound tomorrow following a significant sell-off, buoyed by positive signals from GIFT Nifty and declining oil prices. Reports suggest a potential de-escalation in US-Iran tensions, while a dip in US bond yields offers further support. Despite this optimism, foreign investor outflows and a weakening rupee warrant caution.

Indian stock markets are poised for a potential rebound tomorrow following a significant sell-off, buoyed by positive signals from GIFT Nifty and declining oil prices. Reports suggest a potential de-escalation in US-Iran tensions, while a dip in US bond yields offers further support. Despite this optimism, foreign investor outflows and a weakening rupee warrant caution.

Indian stock markets are poised for a potential rebound tomorrow following a significant sell-off, buoyed by positive signals from GIFT Nifty and declining oil prices. Reports suggest a potential de-escalation in US-Iran tensions, while a dip in US bond yields offers further support. Despite this optimism, foreign investor outflows and a weakening rupee warrant caution.

The Amendment Directions were to be effective from April 1, 2026

There are total 10 days in April when both exchanges, NSE and BSE, will remain closed.

US President Trump reports progress in talks with Iran to end military operations but warns of expanding strikes if no deal is reached and Strait of Hormuz remains closed.

Other important days in April are Jallianwala Bagh Remembrance Day, Hanuman Jayanti, World Earth Day, Ayushman Bharat Diwas and more.

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.

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.

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.

Global markets faced a tumultuous month as Middle East tensions fueled fears of rising inflation and slower growth. Oil prices surged to record highs, while Asian shares plunged. Bonds declined significantly due to hawkish interest rate outlooks, and the dollar strengthened. Investors are increasingly concerned about a prolonged conflict.

Global markets faced a tumultuous month as Middle East tensions fueled fears of rising inflation and slower growth. Oil prices surged to record highs, while Asian shares plunged. Bonds declined significantly due to hawkish interest rate outlooks, and the dollar strengthened. Investors are increasingly concerned about a prolonged conflict.

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.

Stock Market Holiday Today: 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.

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.

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.

JP Morgan and Jefferies have upgraded HDFC Bank, citing attractive valuations after a significant share price decline. Both brokerages see a favorable risk-reward, with JP Morgan highlighting a strong core franchise and Jefferies pointing to potential re-rating catalysts like board clarity and CEO term rollover.

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 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.

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.

The FTAV Credit Explainer Part II: Securitisation Bugaloo

According to govt officials, there has been a “sharp increase” in price of inputs as LNG, ammonia and sulphur alongside a spike in freight and logistics cost.

Deposits under Sukanya Samriddhi Scheme will attract an interest of 8.2%, while the rate on a three-year term deposit remains at 7.1%