Market News
Stay updated with the latest market trends, earnings, and economic indicators.
HPCL, BPCL, IOC shares in focus as oil crosses $100 again: Iran’s new supreme leader warns Strait of Hormuz to remain shut
Shares of HPCL, BPCL and IOC are likely to remain in focus as crude oil prices climbed above $100 per barrel again amid escalating Iran Israel US tensions. Iran’s leadership warned the Strait of Hormuz could remain closed, raising concerns about supply disruption and potential margin pressure for Indian oil marketing companies.
Asian Stocks Track US Declines As Oil In Focus: Markets Wrap
Oil edged lower on Friday after climbing to its highest close since August 2022 as President Donald Trump and Iran's new supreme leader both struck defiant tones
Crude oil prices set for weekly gains after Iran warnings, no war off-ramp
In his first public comments after becoming the Supreme Leader, Mojtaba Khamenei said that Iran will seek to ensure that the critical waterway, the Strait of Hormuz, remains shut for oil and gas supply. In television comments translated by Reuters, Khamenei said that Iran will either seek compensation for the destruction caused, or will destroy assets of "enemies" accordingly.
Dow Jones sinks over 700 points as oil, private credit worries rattles Wall Street
Brent Crude was back above the mark of $100 a barrel, closing above that mark for the first time since 2022. More ships were struck in the Persian Gulf overnight and comments from Iran's new Supreme Leader, Mojtaba Khamenei, added to the price surge. Khamenei said that the Strait of Hormuz should remain shut as a tactic to "pressure the enemy."
Rail travel insurance should not be limited to online tickets: SC
The Supreme Court has ruled that all railway passengers must have equal access to travel insurance. This applies whether tickets are bought online or at counters. The court stated that a distinction in treatment is not justified. While misuse of insurance is a concern, solutions should be found instead of denying the facility.
SC to hear LG India's plea against EPF requirement for expat staff
The Supreme Court will hear LG Electronics India's challenge to rules requiring foreign workers in Indian companies to join the Employees' Provident Fund Organisation. LG argues this is discriminatory compared to Indian employees. The Delhi High Court had previously upheld these rules. The court has issued notices and will hear the case further on March 20.
European Stocks Hit Session Low as Iran Says Hormuz to Stay Shut
European stocks hit a session low after Iranian Supreme Leader Mojtaba Khamenei said the Straight of Hormuz should stay closed, adding to concerns over disruption to global oil supplies.
Supreme Court rap puts spotlight on RERA's weak links
Experts highlight RERA's ineffectiveness due to a lack of intent from chiefs, poor state coordination, and underutilization of powers. Reforms are needed to protect homebuyers, as the cost of violating laws often outweighs the benefits for developers, leading to a credibility gap.
Is Iran New Supreme Leader Mojtaba Khamenei On X? Account Floats With Over 34k Followers
File photo of Mojtaba Khamenei, the son of Iran's Supreme Leader, Ayatollah Ali Khamenei, attends the annual Quds, or Jerusalem Day, rally in Tehran, Iran, on May 31, 2019.
Iran's Big Warning To Trump: Won't Leave You Until You Admit Mistake And Pay The Price For Starting War
Larijani, who is the Secretary of Iran's Supreme National Security Council, said the United States would have to face the consequences.
NCERT book row: IIT-Gandhinagar to review Michel Danino's guest professor role after SC directive
IIT-Gandhinagar will review Michel Danino's position as guest professor. This follows a Supreme Court order for governments and institutions to end ties with him. The controversy stems from a chapter on judicial corruption in a withdrawn NCERT textbook. Danino, along with two other experts, faced criticism. The Supreme Court stated these individuals should not be involved in curriculum development.
Supreme Court seeks timeline for CBI probe into NCR housing projects
The Supreme Court has issued a decisive order for the CBI to outline a clear timeline for its investigation into numerous real estate developments in the NCR. The court strongly stated that lingering delays would only intensify the suffering of homebuyers.