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OMCs losing Rs 64 per litre on ATF sales amid global oil shock: Report

IANS | April 2, 2026 11:57 AM

New Delhi, April 2 (IANS) The government's calibrated 8.5 per cent hike in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts.

Gold slips below Rs 1.51 lakh, silver tumbles over 5 pc after Trump's Iran warning

IANS | April 2, 2026 11:07 AM

Mumbai, April 2 (IANS) Gold and silver prices on Thursday fell up to 5.6 per cent after US President Donald Trump's prime-time address on the Middle East conflict failed to deliver fresh signals of an imminent resolution, disappointing bullion bulls who hoped for a ceasefire announcement.

India’s manufacturing PMI eases in March amid global disruptions, job growth remains strong

IANS | April 2, 2026 10:41 AM

New Delhi, April 2 (IANS) India’s manufacturing PMI eased to 53.9 in March as disruptions linked to the conflict in the Middle East are reverberating through the global economy and weighing on Indian manufacturers, the HSBC Flash India PMI data showed on Thursday.

Real estate investments in India rise 25 pc to $1.6 billion in Jan-March

IANS | April 2, 2026 10:29 AM

New Delhi, April 2 (IANS) The real estate sector in India recorded institutional investments worth $1.6 billion in the January-March quarter of 2026, a 25 per cent rise year-on-year, driven largely by a surge in domestic capital, according to a report released on Thursday.

India’s defence exports surge 62.6 pc to Rs 38,424 crore in FY26, reach over 80 countries

IANS | April 2, 2026 10:26 AM

New Delhi, April 2 (IANS) In a significant development, defence exports surged to an all-time high of Rs 38,424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal’s Rs 23,622 crore exports figures, the government said on Thursday.

Rupee posts biggest single-day gain in 12 years as RBI tightens speculation curbs

IANS | April 2, 2026 9:57 AM

New Delhi, April 2 (IANS) The Indian rupee posted its biggest single-day gain in more than 12 years on Thursday as authorities intensified their crackdown on currency speculation by extending curbs to offshore derivatives markets, days after tightening limits on banks' local positions.

Centre grants full customs duty exemption on critical petrochemical products

IANS | April 2, 2026 9:42 AM

New Delhi, April 2 (IANS) The government has decided to provide full customs duty exemption on critical petrochemical products till June 30, 2026, amid the ongoing conflict in West Asia and the consequent disruptions in global supply chains, Finance Ministry said on Thursday.

Indian equities open sharply lower as Trump's West Asia remarks dent sentiment

IANS | April 2, 2026 9:27 AM

Mumbai, April 2 (IANS) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict.

Seoul shares down 3.6 pc on Trump's renewed Iran warning

IANS | April 2, 2026 9:14 AM

Seoul, April 2 (IANS) South Korean stocks dropped over 3 per cent on Thursday morning after US President Donald Trump warned that the United States would strike Iran "extremely hard" over the next few weeks.

Consumer prices rise 2.2 pc in S. Korea on surging oil prices

IANS | April 2, 2026 9:10 AM

Seoul, April 2 (IANS) South Korea's consumer prices rose 2.2 per cent in March from a year earlier, mainly due to a hike in global oil prices caused by prolonged tensions in the Middle East, government data showed on Thursday.

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