Daily Republic News
- Business
- March 20, 2026
Oil Companies May Have To Absorb Higher Crude Costs As Negative Sentiment Amid LPG Shortages Makes Price Hikes Difficult: Report
Oil marketing companies (OMCs) in India may have to absorb higher crude oil import costs as raising petrol and diesel prices remains difficult amid negative public sentiment due to LPG shortages, according to a report by Kotak Institutional Equities.The report noted that the ongo Read More
- Business
- March 20, 2026
April 1 Credit Card Changes: Key Updates on Utility Payments, Lounge Access, and Rent Rewards for Indian Users
Indian credit cardholders are bracing for a significant shift in their monthly spending dynamics as several major lenders, including SBI Card and ICICI Bank, are set to implement new service terms effective April 1, 2026.The changes, arriving at the start of the new financial yea Read More
- Business
- March 20, 2026
Iran War Threatens Fresh Food-Price Shock Across Developing World: These Countries Will Be Most Impacted
Disrupted fertiliser shipments and soaring energy prices from the war in Iran are threatening to unleash a fresh food-price surge across vulnerable nations, risking a years-long setback just as many were recovering from successive global shocks.Developing countries were strengthe Read More
- Business
- March 20, 2026
FIA Petitions Ministry to Scrap Fare Caps as Rising Operating Costs Threaten Aviation Sector Growth
The Federation of Indian Airlines (FIA), representing the country’s leading carriers, including Air India, IndiGo, and SpiceJet, has issued an urgent petition to the Ministry of Civil Aviation (MoCA) seeking the immediate removal of domestic airfare caps.In a formal letter addres Read More
- Business
- March 20, 2026
Investors Brace for Deeper Economic Pain as Middle East Conflict Crosses the Rubicon
Investors reassessing the potential for deeper economic pain from the war in Iran are selling assets across the globe, from government bonds to stocks and gold, reigniting fears that markets may become vulnerable to a bigger dislocation.Oil prices jumped to as high as $119 a barr Read More
- Business
- March 20, 2026
Dollar Hits Weekly Low as War-Induced Oil Spike Forces ECB and BoJ to Signal Rate Hikes to Curb Inflation
The dollar slid from multi-month highs this week as soaring energy prices upended the outlook for global interest rates, with the U.S. Federal Reserve left alone as the only major central bank that is not expected to hike rates this year.Before the U.S.-Israeli war on Iran began Read More
- Business
- March 20, 2026
Sensex Surges 824 Points, Nifty Reclaims 23,200 as Cooling Oil Prices Trigger Relief Rally
Indian equity benchmarks recovered on Friday morning, clawing back a portion of the previous session’s historic losses as a cooling in global crude prices and reports of potential de-escalation in West Asia offered a reprieve to investor sentiment.At the time of reporting, that i Read More
- Business
- March 20, 2026
Rupee Under Pressure: Hits All-Time Low of 93.24 as Brent Crude Holds Above $115
The Indian rupee plunged to a fresh record low on Friday morning, breaching the psychologically significant 93-level for the first time as escalating hostilities in West Asia sent global oil prices surging.The rupee was trading at 93.24 against the US dollar at 10:33 am IST, down Read More
- Business
- March 20, 2026
Iran Strikes Ras Laffan: Qatar LNG Output Capacity Reduced By 17% For 5 Years, India Faces Risk
Missile attacks on Qatar’s Ras Laffan Industrial City have significantly disrupted global energy supplies, reducing the country’s liquefied natural gas (LNG) export capacity by 17 per cent and raising concerns for import-dependent nations like India.In an official statement, Qata Read More
- Business
- March 20, 2026
Oil Prices Drop As US And Allies Look To Boost Supply, Unchoke Strait Of Hormuz
Oil prices fell on Friday as leading European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlined moves to boost oil supply.Looking to curb soaring oil prices, U.S. Treasury Secretary Scott Bessent said the Read More
