Daily Republic News
- Business
- March 27, 2026
Centre Slashes Excise Duty On Petrol And Diesel: Should You ‘Sell’ Or ‘Buy’ OMC Stocks?
The shares of oil marketing companies (OMCs) witnessed a double reversal in trade on Friday, March 27 after having opened in green on Friday’s trading session.The centre’s exist rate reduction by 10% buoyed OMC stocks in today’s early trade, however, rising crude prices resulted Read More
- Business
- March 27, 2026
HDFC Bank Out, HSBC In: Jefferies’ Chris Wood Trims India and Australia to Fund Taiwan Pivot
Christopher Wood has officially removed HDFC Bank from his high-profile long-only portfolios, including the Asia ex-Japan, Global, and International (ex-USA) mandates. In his latest note, Wood confirmed that the capital recovered from the exit would be used to establish a new pos Read More
- Business
- March 27, 2026
India’s DAC Set to Approve S-400 Units, 800km BrahMos and Unmanned Combat Jets in Major Push
India’s Defence Acquisition Council (DAC) is expected to convene on Friday to evaluate several multi-billion-dollar procurement proposals aimed at modernizing the nation’s air defense and long-range strike capabilities.The high-level meeting, chaired by Defence Minister Rajnath S Read More
- Business
- March 27, 2026
MoPNG Asks States To Increase LPG Allocation By Upto 70%
The Ministry of Petroleum and Natural Gas has directed all states to increase commercial LPG, a vital cooking fuel in India, allocation by up to 70%This additional LPG will be allocated primarily to industries. Priority will be accorded to sectors such as steel, automobiles, text Read More
- Business
- March 27, 2026
Centre Ensures Direct Relief On Petrol, Diesel Rates: Check Latest Fuel Prices In Mumbai & Other Cities
While refuting false rumours of a lockdown Union Minister Hardeep Singh Puri noted that India was closely monitoring developments across energy, supply chains, and essential commodities on a real-time basis.”The global situation remains in flux, and we are closely monitoring deve Read More
- Business
- March 27, 2026
Occidental’s Hollub, US Oil’s Most Powerful Woman, Prepares To Hand Over Reins, Sources Say
Vicki Hollub is preparing to retire as chief executive of Occidental Petroleum , after her decade-long stewardship of the U.S. oil and gas company that made her one of the most powerful women in a male-dominated industry, sources familiar with the matter told Reuters.Hollub, 66, Read More
- Business
- March 27, 2026
Fed’s Cook Says The Balance Of Risks Has Shifted Toward Inflation Due To Iran War
Federal Reserve Governor Lisa Cook said on Thursday the war in Iran has shifted the balance of risks for the central bank’s dual mandate of price stability and full employment more toward inflation.”I see the balance of risks as being largely, on net, in balance, but I would argu Read More
- Business
- March 27, 2026
Goldman Sachs Downgrades Indian Equities; Slashes Nifty 50 Target To 25,900
Premier Brokerage major Goldman Sachs lowered its rating on Indian equities, and slashed its target for Nifty 50, amid expectations of an. earnings downgrade cycle as a result of energy price hike amid the Iran war.The reduced stance on the market from ‘overweight’ to ‘marketweig Read More
- Business
- March 27, 2026
India Cuts Petrol Excise to Rs 3 and Diesel to Zero: Will Consumers See Lower Pump Prices?
The Indian government on Friday executed a significant reduction in federal excise duties on motor fuels, a move aimed at absorbing the shock of global crude prices hitting $122 per barrel without passing the burden to the public.In a late-night notification, the Finance Ministry Read More
- Business
- March 27, 2026
India’s HDFC Bank Chair Resigned After Power Struggle With CEO, FT Reports
The resignation of HDFC Bank’s former chairman Atanu Chakraborty last week stemmed from a power struggle with chief executive Sashidhar Jagdishan, the Financial Times reported on Friday, citing sources.Chakraborty had opposed extending Jagdishan’s tenure, but a majority of the bo Read More
