Powerica IPO Price: ₹375 to ₹395 per share IPO Dates: 24th March – 27th March 2026 Company Overview Powerica Ltd is a power solutions company specializing in diesel generator sets (DG sets) for both primary and backup power requirements. The company offers a wide range of generator sets with capacities ranging from 7.5 kVA to […]
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March 23, 2026 — Indian equity markets witnessed a sharp sell-off on Monday (Black Monday), with the BSE Sensex plunging over 1,900 points and the Nifty 50 slipping below the crucial 22,500 level in afternoon trade, as escalating geopolitical tensions, a weakening rupee and broad-based selling weighed heavily on investor sentiment. By around 12:30 pm,
March 20, 2026 Indian oil marketing companies have raised Premium Petrol Prices by up to ₹2.35 per litre with immediate effect, as the ongoing West Asia conflict continues to disrupt global energy markets and push crude oil prices higher. The hike applies to premium fuels such as BPCL’s Speed, HPCL’s Power and Indian Oil’s XP90,
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The government has notified the Income Tax Rules, 2026, laying down the operational framework for the new Income Tax Act, 2025, which will come into force from April 1, 2026. The new rules aim to simplify taxation while significantly tightening compliance, expanding reporting requirements and aligning India’s tax system with global standards. The rules mark
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The global economic impact of the Iran war is now clearly reflecting in central bank decisions, with the Bank of England on Thursday holding its key interest rate steady at 3.75%, abandoning earlier expectations of rate cuts amid rising inflation risks linked to surging energy prices. The decision, which was widely anticipated after the escalation
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In a surprising turn for global markets, gold and silver prices witnessed a sharp decline on Thursday despite escalating tensions in West Asia and continued volatility in equity markets. Traditionally seen as safe-haven assets during geopolitical crises, both metals fell significantly, indicating that deeper macroeconomic forces are currently outweighing fear-driven demand. In international markets, gold
Indian equity markets came under severe pressure on Thursday, as a sharp escalation in the West Asia conflict combined with surging crude oil prices and global monetary tightening triggered a broad-based sell-off across Dalal Street. The Sensex crashed over 2,100 points to around 74,587 in afternoon trade, while the Nifty 50 slipped below 23,150, marking
The Indian rupee could weaken sharply to 95 against the US dollar over the next year as the ongoing Iran conflict continues to disrupt global energy markets and widen India’s external imbalances, according to Goldman Sachs. The warning comes at a time when the rupee is already hovering near record lows, trading around 92.43 per
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The ongoing conflict in West Asia is beginning to expose the vulnerability of the Indian rupee, as rising oil prices and global uncertainty weigh heavily on the currency’s outlook. The rupee recently touched a record low of 92.47 against the US dollar, highlighting growing concerns about India’s external stability. Since the start of the Iran
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Clean Max Enviro Energy Solutions IPO Price: ₹163 to ₹172 per share IPO Dates: 20th March – 24th March 2026 Company Overview Incorporated in 1974, Central Mine Planning & Design Institute Limited (CMPDI) provides consultancy and support services across the full spectrum of coal and mineral exploration, mine planning, and design. The company also offers
