Daily Republic News
- Business
- March 19, 2026
Gold Prices Today: Gold Falls To Over One-Month Low On Stronger Dollar, Hawkish Fed Tone
Gold prices fell to their lowest level in more than a month on Thursday, pressured by a stronger dollar and rising Treasury yields, while a hawkish US Federal Reserve further dampened bullion’s appeal. Spot gold was down 2.7% to $4,687.19 per ounce as of 1125 GMT, after falling t Read More
- Business
- March 19, 2026
Oil Prices Spike 7%, Hits $119 A Barrel After Israel-Iran Strikes Hit World’s Largest Gas Field Deposits
Benchmark Brent oil prices jumped above $119 a barrel on Thursday after Iran attacked energy facilities across the Middle East following Israel’s strike on its South Pars gas field, a major escalation in the war.Brent futures were up $7.39, or 6.9%, at $114.77 a barrel by 1026 GM Read More
- Business
- March 19, 2026
Crude Situation Normal, No Dryouts Reported; 6,000 Raids Conducted on LPG Hoarders
The Indian government moved to reassure the public on Thursday that the nation’s crude oil and retail fuel supplies remain stable despite the escalating conflict in West Asia and the closure of the strategic Strait of Hormuz. During an inter-ministerial briefing at the National M Read More
- Business
- March 19, 2026
5 Mega Forces That’ll Impact Inflation Outlook Amid $100 Oil – BlackRock Weighs In
Amid rupee hitting a fresh all-time low, rising oil prices and continued supply chain distress, BlackRock noted that mega forces from demographic divergence to artificial intelligence are impacting ongoing investment strategies.Mega forces are big, structural changes that impact Read More
- Business
- March 19, 2026
Strait of Hormuz Crisis: Govt Unveils ₹497 Cr Relief Package to Offset Rising Insurance and Freight
The Indian government on Thursday launched a ₹497 crore emergency relief package to support exporters struggling with skyrocketing logistics costs and insurance premiums, which have been triggered by the escalating conflict in West Asia.The intervention, Resilience and Logistics Read More
- Business
- March 19, 2026
India Orders Oil, Gas Firms To Share Import, Export Data
India has ordered oil and gas companies to share details on exports, imports and inventories with a government agency, as the South Asian nation seeks to shield consumers from shortages amid rising global prices triggered by the US-Israeli war on Iran. The central administration Read More
- Business
- March 19, 2026
Rupee Hits Fresh Lifetime Low, Slips 93.36 vs USD Amid Middle East Crisis
Rupee vs USD: The rupee has hit a new lifetime low of 93.362 per US dollar on Thursday, March 19, eclipsing its previous low 92.62 per USD.The rupee has lost approximately 1.77% in the past month alone, with the RBI deploying an estimated USD 18–20 billion in a single week to de Read More
- Business
- March 19, 2026
Morgan Stanley Joins Peers In Pushing Back Fed Cut Forecasts On Inflation Fears
Morgan Stanley on Thursday joined Goldman Sachs and Barclays in pushing back its forecast for the U.S. Federal Reserve’s next interest rate cut to September from June after the central bank flagged inflationary risks amid the Middle East conflict.The Wall Street brokerage now exp Read More
- Business
- March 19, 2026
Rupee Hits Record Low; Goldman Sachs Predicts 95 Per USD Amid Oil Surge
After the rupee declined to its new lifetime low of Rs 92.62 per dollar on March 18, Goldman Sachs noted that this South Asian currency might slip to 95 per US dollar over the next year.Goldman Sachs Group Inc.’s Chief Economist for India, Santanu Sengupta, noted that the 95 per Read More
- Business
- March 19, 2026
‘Very Difficult Situation’: Fed’s Powell Warns Iran War Could Complicate Global Recovery
The global economy is entering a period of heightened uncertainty as geopolitical tensions escalate in the Middle East, according to Jerome Powell, who warned that the conflict involving Iran could disrupt the fragile balance between growth and inflation.Speaking after the latest Read More
