Daily Republic News
- Business
- March 30, 2026
Bank Nifty Crashes 1,433 Pts as RBI’s $100M Forex Cap Forces $40Bn Unwind; Axis, SBI Lead Sectoral Rout
Indian banking stocks plummeted on Monday as investors braced for a multi-billion rupee blow to treasury earnings following a surprise regulatory crackdown by the central bank aimed at stabilizing the rupee.The Nifty Bank index sank 1,433.50 points, or 2.67%, to trade at 52,274.6 Read More
- Business
- March 30, 2026
Rupee Surges to 93.51 as RBI Imposes $100M Forex Cap; Banking Stocks Tumble on Expected ₹4,000 Cr Treasury Loss
The Indian rupee surged 130 paise on Monday, staged its sharpest single-day recovery in over two years as the Reserve Bank of India (RBI) moved to dismantle speculative “long-dollar” positions by slashing bank exposure limits.The local currency jumped to 93.51 per dollar in mid-m Read More
- Business
- March 30, 2026
Bears Reconquer Dalal Street: Sensex Crashes 1,191 Pts as West Asia War Hits Week 5; Nifty Tumbles to 22,470 Amid record FII Selling
Indian shares tumbled on Monday as surge in global crude prices and escalating West Asia tensions triggered a flight from riskier assets, hence wiping out approximately ₹7.2 lakh crore in investor wealth within the first 90 minutes of trade.The NSE Nifty 50 index fell 1.53% to 22 Read More
- Business
- March 30, 2026
Bold Move By Albanese: Big Relief! Australia Slashes Fuel Tax To Fight Soaring Oil Price Shock
Australian Prime Minister Anthony Albanese said on Monday the government would halve the excise on fuel and diesel and remove the heavy road user charge for three months to help households cope with a surge in costs driven by the Iran war.Halving the tax would reduce the cost of Read More
- Business
- March 30, 2026
Asian Shares Decline As Oil Prices Soar Amid The War In Iran, Echoing Last Week’s Wall Street Drop
Asian shares mostly dipped in Monday morning trading as worries continued about soaring oil prices and the potential for further escalation in the U.S. war with Iran.The drops in Asia follow the deep declines on Wall Street last Friday that finished off a fifth straight losing we Read More
- Business
- March 28, 2026
Former Raymond Chairman Vijaypat Singhania Dies
Mumbai: Former Raymond Chairman Vijaypat Singhania passed away on Saturday in Mumbai at the age of 87.His son Gautam Singhania, who is the present Managing Director (MD) and Chairman of the group, announced the demise of his father on social media platform X, saying, “RIP. Om Sha Read More
- Business
- March 28, 2026
Rs 23,000 Crore Online Betting–Fintech Network Under Probe
New Delhi/Hyderabad: A massive investigation into an alleged online betting and fintech-linked money-routing network has intensified, with authorities estimating the size of the operation at nearly ₹23,000 crore. Officials indicate that as the financial trail is further examined, Read More
- Business
- March 28, 2026
Oil, Gas Exploration Is Back: Energy Giants Hunt To Replenish Reserves
Global energy companies are getting back to basics and focusing on the hunt for new sources of oil and gas, executives declared at the CERAWeek conference in Houston this week, ending years of underinvestment in exploration.In recent years, the shale revolution in the U.S. promis Read More
- Business
- March 28, 2026
Indian Credit Card Spends Hit 6% Low While Overall Bank Lending Races at 14%
India’s credit market is splitting into two. While the nation’s factories and homebuyers continue to borrow at a rapid clip, the credit card segment is showing signs of slowdown. According to recent RBI data, overall non-food bank credit grew by 14.4% year-on-year as of early 202 Read More
- Business
- March 28, 2026
Pilots’ Association Urges DGCA To Suspend Flights In High-Risk Conflict Zones In West Asia, Mandate Insurance Coverage
Airlines Pilots’ Association of India (ALPA) on Saturday urged the Directorate General of Civil Aviation (DGCA) to suspend operations into identified high-risk conflict zones in West Asia and mandate disclosure and verification of valid insurance coverage.In a letter to the DGCA, Read More
