Daily Republic News
- Business
- March 12, 2026
How Persistently High Oil Prices Could Impact India’s Vulnerable Economy
India’s external balance and government finances could be hit if oil prices stay high for an extended period, economists have said, as the Iran war pushes up oil import costs and the subsidies needed to keep key commodities affordable.India is considered to be among the most vuln Read More
- Business
- March 12, 2026
Iran Conflict Amplifies Insurance Risk, Losses Likely Manageable: Moody’s
Insurers and reinsurers that provide coverage of complex risks such as marine, aviation and political violence are likely to face outsized claims as a result of the ongoing Iran conflict, said Moody’s Ratings.The insurance service providers are also benefiting from an increase in Read More
- Business
- March 12, 2026
Oil Climbs As Iran Steps Up Attacks On Gulf Shipping
Oil prices rose on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, raising fears of a prolonged conflict and oil-flow disruptions through the Strait of Hormuz.Brent futures were up $4.47, or 4.86%, to $96.45 a barrel at 0733 GMT, having Read More
- Business
- March 12, 2026
QSR Stocks Tank 7%: Eternal & Jubilant Bleed as LPG Crisis Hits Kitchens
Shares of quick-service restaurant and food-tech companies came under heavy selling pressure in Thursday’s session as disruptions in the supply of commercial LPG cylinders began affecting restaurant operations across several urban centres.By 12:09 PM IST, several listed companies Read More
- Business
- March 12, 2026
Rupee Hits Record Low of 92.37; RBI Intervenes as Oil Surge and Dollar Strength Pressure Currency
The Indian currency weakened sharply in early trade on Thursday, hitting a fresh lifetime low against the US dollar amid a surge in global crude oil prices and heightened geopolitical tensions. The rupee slipped to 92.37 per US dollar during morning trade, compared with its previ Read More
- Business
- March 12, 2026
Sensex Crashes 900 Pts, Nifty Below 23,600 as Oil Near $100, War Escalation Spooks Markets
Indian equity markets suffered a massive blow during Thursday morning’s session (March 12, 2026), as a deteriorating global landscape in West Asia sent investors scurrying for safety.The BSE Sensex had shed 912 points, or 1.17%, to trade at 77,106. Simultaneously, the Nifty 50 su Read More
- Business
- March 12, 2026
Market Update: Shares Set To Open Lower As Iran Ship Attacks Send Oil Soaring | Check Stocks To Watch
Indian shares will likely open lower on Thursday, extending the previous session’s losses, as oil prices jumped on reports of fresh attacks on ships in the Strait of Hormuz and Iraqi waters, stoking inflation risks and tempering rate-cut bets.GIFT Nifty futures were trading at 23 Read More
- Business
- March 11, 2026
Iran’s Fresh Targets Include Amazon, Google, & Microsoft Offices In US
In the midst of the growing tensions in the Middle East, Iran plans to attack offices of US tech giants such as Google and Microsoft., according to Tasnim News Agency.Iran has released a list of infrastructure linked to US tech companies, which are being utilised for Israel’s mil Read More
- Business
- March 11, 2026
India’s GDP Projected To Grow 7.1% In FY27 Amid Global Uncertainties: Crisil Intelligence
India’s real gross domestic product (GDP) growth is expected to moderate to 7.1 per cent in fiscal 2027 from 7.6 per cent in the previous year, according to a report by Crisil Intelligence. The growth forecast remains healthy despite a choppy global environment characterised by g Read More
- Business
- March 11, 2026
Minimum LPG Gap Booking Increased From 21 To 25 Days: MoPNG
India LPG Crisis: Amid protests by hotel and restaurant owners across several cities in India over LPG shortage, the Ministry of Petroleum and Natural Gas noted that two LPG cargoes were enroute to India.Further, the ministry noted that domestic refineries have been ordered to ma Read More
