IBT Business Desk

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DGCA fines IndiGo Rs 22.20 crore over mass flight cancellations and delays in December

IndiGo parent shares fall nearly 4 pc after Citi cuts target price

Shares of IndiGo fell after brokerage firm Citigroup cut its target price for the stock to Rs 5,100 from Rs 5,700, while retaining a "buy" rating. The airline has faced challenges, including geopolitical tensions, stricter FDTL norms, rising fuel prices and a weakening rupee Mar 12, 2026
Sensex, Nifty bounce back strongly as global tensions ease

Sensex, Nifty fall over 1 pc as Brent Crude crosses $100

Sensex today, Nifty today, stock market today, Brent crude $100, India VIX surge, Sensex fall, Nifty fall, stock market news India, crude oil price impact on markets, InterGlobe Aviation share, Tata Motors stock, Larsen & Toubro share, Nifty auto fall, geopolitical tensions US Iran. Mar 12, 2026
Silver, gold prices drop further over profit booking

Silver, gold prices drop further over profit booking

Gold and silver prices fell on Wednesday as investors booked profits, despite a weaker US dollar and ongoing geopolitical tensions. MCX April gold futures declined 0.52% to Rs 1,62,452 per 10 grams, while MCX May silver futures dropped 1.69% to Rs 2,73,150 per kg. Mar 11, 2026
No shortage of Rs 10, Rs 20, and Rs 50 bank notes in country: Minister

No shortage of Rs 10, Rs 20, and Rs 50 bank notes in country: Minister

The government informed Parliament that there is no shortage of Rs 10, Rs 20, and Rs 50 banknotes in the country.The lower-denomination notes are usually not dispensed through ATMs. The RBI also ensures adequate circulation of notes and coins alongside growing digital payments. Mar 10, 2026
Sensex, Nifty fall nearly 2 pc amid US-Iran war

Sensex, Nifty fall nearly 2 pc amid US-Iran war

The Nifty settled at 24,028.05, down 422.40 points or 1.73 per cent. The index also officially entered the technical correction zone after falling more than 10 per cent from its record high of 26,373, which it had touched on January 5. Mar 9, 2026
Sensex, Nifty trade higher over sustained foreign inflows

Middle East tensions to shape Indian stock market sentiments this week

Sensex, Nifty 50, and Bank Nifty — ended last week with significant losses, reflecting sustained selling pressure. Analysts say the Nifty may fall further toward 24,000 unless it crosses the resistance level of 25,000. Investors will closely monitor global developments, crude oil prices Mar 8, 2026
State Bank of Indi

SBI launches $500 million gender-focused social loan on Women's Day

India's largest lender, State Bank of India (SBI), has launched a $500 million Syndicated Social Term Loan Facility aimed at promoting women empowerment and gender equality. Announced on International Women's Day, the initiative aligns with the United Nations' Sustainable Development Goal 5 Mar 7, 2026
Sensex, Nifty post sharp losses amid Middle East tensions

Sensex, Nifty post sharp losses amid Middle East tensions

At the closing bell, Sensex declined 1,097 points, or 1.37 per cent to settle at 78,918. Nifty dipped 315 points, or 1.27 per cent, to close at 24,450. Nifty bank experienced tremendous pressure tanking 2.15 per cent to settle at 57,783. Mar 6, 2026