Premium petrol prices in India have been increased by Rs 2–2.3 per litre, while regular petrol and diesel rates remain unchanged. The hike affects high-octane variants like Indian Oil Corporation’s XP95 and Hindustan Petroleum’s Power petrol, with revised prices effective immediately in select cities. The rise is driven by global crude oil crossing $100 per barrel amid West Asia tensions and a weaker rupee, increasing import costs. Officials said pricing is deregulated and the move is a corporate decision. Stable regular fuel prices limit immediate public impact, though sustained crude price pressures could trigger broader fuel price revisions later. (PC: India Today)

Indian stock markets saw a sharp fall, with Sensex dropping over 2,400 points by close. Nifty also declined heavily after a weak opening. The total market value of BSE-listed firms fell by over Rs 12 trillion. The fall came after Iran struck key energy sites in the Gulf, pushing Brent crude above $110 per barrel. Shares of HDFC Bank also dropped after its chairman resigned suddenly. The US Federal Reserve kept rates unchanged, making US bonds more attractive. This led to continued foreign investor selling. GIFT Nifty had already signalled a negative start earlier in the day. (PC: NDTV)

Indian stock markets fell sharply on Thursday, erasing about Rs 7.6 trillion in investor wealth within an hour. The Sensex dropped over 1,500 points, while the Nifty fell more than 2%. The fall came amid rising crude oil prices, which crossed $110 per barrel after fresh Middle East attacks. Investors also reacted to continued foreign outflows and weak global markets. Banking stocks led the losses. “This looks like a global risk-off move,” said Bruce Keith of InvestorAi. The US Federal Reserve’s signal of no early rate cuts also weighed on sentiment, reducing liquidity support for emerging markets like India. (PC: NDTV)

Global oil prices surged following Israel’s strike on the South Pars Gas Field, driven by fears of retaliation from Iran targeting Gulf energy infrastructure. Within hours, Qatar reported a ballistic missile strike on a key natural gas facility, triggering a fire and causing “extensive” damage. The incident heightened concerns over supply disruptions in a region critical to global energy markets. In response to escalating tensions, Qatar ordered some officials from the Iranian Embassy to leave the country. The developments underscore rising geopolitical risks and volatility in energy prices as conflict spreads across key production and export hubs.

Oil prices surged sharply after Iran confirmed the killing of Ali Larijani, intensifying fears of deeper conflict and supply disruption. Brent crude rose above $103 per barrel, while West Texas Intermediate hovered near $96, reflecting heightened market volatility. The spike comes amid ongoing US-Israel-Iran tensions that have already disrupted flows through the Strait of Hormuz, a critical global oil transit route. Analysts warn that continued escalation could further tighten supply and sustain upward pressure on prices. Earlier trends also showed oil crossing $100 amid war-driven uncertainty, with global markets reacting strongly to geopolitical risks and potential prolonged disruption. (PC: X)

Concerns over possible cooking gas shortages linked to the West Asia conflict have triggered a surge in demand for electric kitchen appliances across India. Many households are buying induction cooktops, microwaves, electric kettles and air fryers as backup cooking options amid fears of disruptions in LPG supply. Retailers and e-commerce platforms report sharp increases in sales. Online grocery platform BigBasket recorded a fivefold jump in induction cooktop demand on March 10, followed by a 30-fold spike the next day. Meanwhile, Flipkart said sales have risen nearly 25 times in recent days, particularly in cities such as Kolkata, Delhi and parts of Uttar Pradesh. (PC: X)

IndiGo will increase ticket prices by introducing a fuel surcharge on all domestic and international flights starting March 14. The airline said the decision follows a sharp rise in aviation fuel prices linked to geopolitical tensions in the Middle East and the ongoing conflict involving Iran, Israel and the United States. According to the airline, jet fuel prices in the region have risen by more than 85 percent, significantly raising operating costs. The surcharge will range from ₹425 for domestic flights to ₹2,300 for routes to Europe. IndiGo said the move is meant to partly offset rising costs while limiting the financial burden on passengers. (PC: NDTV)

Global oil prices edged slightly lower after the United States issued a 30-day waiver allowing countries to purchase Russia crude oil already stranded at sea. The move aims to ease supply concerns by allowing oil shipments already in transit to reach buyers. Benchmark prices slipped modestly, with Brent crude trading just under $100 per barrel and West Texas Intermediate near $95. However, market sentiment remains tense due to escalating conflict in West Asia and the possible closure of the Strait of Hormuz, a route that carries about 20% of global oil supply. Energy markets remain volatile as geopolitical risks continue to threaten production and shipping.

Domestic stock markets ended sharply lower on Wednesday as heavy selling in banking, auto and IT stocks dragged indices down. The BSE Sensex closed 1,342 points lower, while the Nifty 50 slipped below the 23,900 mark. Financial stocks led the losses. Shares of Bajaj Finance fell about 5 percent. HDFC Bank, ICICI Bank and Axis Bank also ended in the red. Auto stocks such as Mahindra & Mahindra, Bajaj Auto and Maruti Suzuki declined. IT majors Tata Consultancy Services and Infosys also traded lower. Rahul Singh of Tata Asset Management said, “Recent geopolitical developments in the Middle East have led to an increase in the risk premium for Indian equities.” He added that concerns over crude prices and foreign fund outflows continue to affect market sentiment. (PC: India Today)

Indian stock markets fell to their lowest levels in nearly a year on Monday as the Iran war pushed crude oil prices sharply higher. The 30-share Sensex dropped 1.71% to 77,566.16, an eleven-month low. The Nifty 50 fell 1.73% to 24,028.05, its lowest level in ten months. Oil prices have jumped nearly 30% to their highest since mid-2022. India imports about 85% of its energy needs, raising concerns over inflation and growth. “The sustained rise in crude prices is likely to complicate the RBI’s policy outlook by keeping inflation elevated,” said Vinod Nair of Geojit Investments. Foreign investors also sold ₹6,030 crore of Indian shares, adding pressure on markets. (PC: HT)