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The Indian rupee weakened against the US dollar on March 12, pressured by rising crude oil prices due to Iranian tanker attacks. Brent crude rose 7.3% to $98.60 a barrel.

According to UBS, its store checks indicate that growth momentum has remained intact, although disruptions in the Middle East could weigh on international growth in the near term.

The Gig Workers Association has raised an alarm over the gas shortage and its impact on workers, as more than 50% to 60% of orders on food delivery order platforms have been impacted.

Morgan Stanley and Cliffwater LLC limited withdrawals from their private credit funds after investors tried to redeem more than allowed. Concerns over loan quality are straining the market.

As per the contract, VA Tech Wabag will refurbish and upgrade the existing facility to restore its full treatment capacity of 45 MLD within 18 months.

The company said its UAE plant, a 50.1% subsidiary, is maintaining optimum inventory levels, and domestic sales are ongoing. However, if the war continues, raw material supply could be affected, potentially impacting UAE operations. Shares of Gandhar Oil Refinery India…

Indian Overseas Bank cut the one-month MCLR by 10 basis points to 8.20%, effective March 15, 2026. Q3 net profit rose 56.2% to ₹1,365 crore. Shares rose 0.86% to ₹33.85.

The Nifty opened with a gap-down of about 190 points but staged a sharp recovery during the early to mid part of the session. However, the rebound proved short-lived as the index failed to hold on to higher levels and…

Sources told CNBC-TV18 that NSE is targeting a valuation above ₹5 lakh crore for its long-awaited IPO, planning to dilute 4–5% via OFS. More details inside.

The speciality chemicals maker said some of its plants have become non-operational due to disruptions in the supply of ammonia, a key raw material, with certain key suppliers invoking the force majeure clause. Shares of Balaji Amines Ltd ended at…