NEW DELHI: The investment committee of the Employees Provident Fund Organisation (EPFO) in its meeting last month has approved the proposal to participate in the fourth round of voluntary buyback offer for non-convertible debentures (NCDs) issued by the Delhi Mumbai Expressway Development Limited (DMEDL). The final decision regarding the Rs 1,250 crore bond buyback will…
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in opening trade on Monday amidst rising Middle East tensions and global market turmoil, with impact on crude oil prices and trade in focus. While Nifty50 went below 24,900, BSE Sensex was done over 1,000 points. At 9:16 AM, Nifty50 was…
Asian stock markets began March in red, as investors reacted to increased to increasing tensions in the Middle East and stronger than expected US inflation data. Japan’s Nikkei 225 fell sharply, losing over 2%, before easing to a 1.5% drop at 57,947, shedding over 900 points by 9:15. In Hong Kong, Hang Seng declined 1.7%…
Gold began March on a strong note after the US and Israel carried out major strikes on Iran that killed Tehran’s Supreme leader Ayatollah Ali Khamenei. As geopolitical tensions continue to intensify and fears of economic instability gain ground, spot gold jumped 1.72% to $5,368.09 an ounce by 0010 GMT, reaching its highest level in…
“Gold and silver prices are expected to remain extremely volatile, with a likely gap-up opening on Monday as the Middle East conflict, involving renewed US and Israeli military action against Iran, continues to weigh heavily on global risk sentiment,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He added that escalating…
NEW DELHI: Brent crude jumped 10% to about $80 a barrel in over-the-counter trade Sunday, reflecting growing anxiety over potential supply disruptions through the Strait of Hormuz, a critical energy chokepoint for India and much of Asia. Amid the supply fears, OPEC producers met Sunday and decided to increase crude output in a phased manner…
MUMBAI: After a relatively firm Feb, the rupee is likely to start March on a volatile note as global capital shifts toward safe-haven assets amid escalating tensions in the Gulf region. Dealers expect pressure to build from both portfolio outflows and concerns over India’s trade deficit and energy supplies, given the region’s central role in…
Oil prices surged by as much as 10 per cent as markets opened in Asia, after US and Israeli strikes on Iran heightened fears of a wider conflict in the Middle East and potential disruption to global energy supplies.Brent crude and Nymex light sweet crude both leapt sharply in early trading on Monday, before easing…
UAE Stock Markets Closed: Regional Conflict Halts Trading on ADX and DFM In an unprecedented economic response to escalating regional conflict, the United Arab Emirates has announced that its two major financial markets, the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), will remain closed on Monday, March 2 and Tuesday, March…
Global oil markets are heading into a volatile phase as escalating tensions in the Middle East raise fears of supply disruption through one of the world’s most critical energy corridors, with analysts warning that crude prices could surge sharply if the conflict deepens.Khamenei’s death, confirmed by Iranian state media earlier, triggered warnings about strong retaliation…
