Daily Republic News
- Business
- March 16, 2026
Wholesale Inflation Climbs to 2.13% in February, Hits 11-Month High, as Manufacturing Prices Firm Up
India’s wholesale inflation accelerated for the third consecutive month in February, which signals rising price pressures across the economy. According to data released by the Ministry of Commerce and Industry, the Wholesale Price Index (WPI) rose to 2.13% year-on-year in Februar Read More
- Business
- March 16, 2026
Why Morgan Stanley Sees A “Refining Windfall” Amid West Asia Tensions
The ongoing West Asia crisis and disruptions around the Strait of Hormuz could create short-term stress for India’s crude supply chain, though diversified sourcing and inventories should help cushion the immediate impact, according to a report by Morgan Stanley.The brokerage note Read More
- Business
- March 16, 2026
Asia Faces Growing Supply Risks If West Asia Tensions Persist: Morgan Stanley
Supply disruptions from West Asia tensions could spread beyond oil and affect several industries across Asia if the conflict drags on, Morgan Stanley said in a report.The Morgan Stanley report warned that energy supplies and key industrial materials from the region are critical f Read More
- Business
- March 16, 2026
BSE Sensex, Nifty 50 Recover After Early Slide Toward 23K Amid Volatile Trade
It has been a volatile morning on Dalal Street, with benchmark indices attempting a recovery after slipping sharply in early trade on Monday, March 16, 2026. After briefly sliding toward the 23,000 mark, the Nifty 50 and BSE Sensex bounced back into positive territory as investor Read More
- Business
- March 16, 2026
Surge in Crude Prices Could Raise Global Inflation By 60 Bps, Cut Growth By Up To 0.4 pp in 2026: Gita Gopinath
A sharp rise in crude oil prices could push global inflation higher and slow down global economic growth in 2026, according to Gita Gopinath, former Chief Economist of the International Monetary Fund (IMF).Reacting to the recent surge in crude prices globally, Gopinath said that Read More
- Business
- March 16, 2026
IDBI Bank Shares Crash Over 14% as Government Moves to Scrap Privatization Bids
Shares of IDBI Bank tumbled sharply on Monday, March 16, 2026, after reports emerged that the Indian government may scrap the ongoing bidding process for the bank’s majority stake sale. The development triggered a massive sell-off in the stock during early trade, marking its stee Read More
- Business
- March 16, 2026
Gulf War Shadows Markets: Trump Pressures NATO as Hormuz Crisis Spikes Oil
Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike. In a possible hint of hope, the Wall Street Jou Read More
- Business
- March 14, 2026
Income Tax Dept Asks Taxpayers to Ignore Incorrect ‘Significant Transactions’ Emails for AY 2026-27
New Delhi: The Income Tax Department has asked taxpayers to ignore certain email communications sent under the Advance Tax e-Campaign for Assessment Year (AY) 2026-27 after reports that some of them contained inaccurate information about “significant transactions.”In a clarificat Read More
- Business
- March 14, 2026
US Airstrikes Hit Kharg Island Military Sites; Iran’s ‘Orphan Pearl’ Oil Hub at Risk
In a major escalation of the West Asia conflict, U.S. forces carried out heavy bombing raids on Saturday, March 14, targeting military installations on Kharg Island, widely regarded as the most critical node in Iran’s oil export infrastructure.The strikes focused on military asse Read More
- Business
- March 14, 2026
Crude Oil Prices Surge Over 40% In 15 Days Since US-Israel-Iran Conflict Began
Crude oil prices in the international market have surged by more than 40 per cent in just 15 days amid the ongoing war involving the United States, Israel and Iran, which has disrupted the energy supply route through the Strait of Hormuz and affected global energy markets, partic Read More
