Explained: How the West Asia war is creating a diesel problem for India

India faces fuel supply strain as West Asia war disrupts 45% of oil imports, with crude quality issues threatening diesel output despite Russian supplies as partial substitute

India faces fuel supply strain as West Asia war disrupts 45% of oil imports, with crude quality issues threatening diesel output despite Russian supplies as partial substitute

US stock futures trade mixed as oil prices ease, with S and P and Nasdaq up, Dow slightly down, as markets track US Iran tensions and possible ceasefire talks over the Strait of Hormuz

PC Jeweller reported 32% revenue growth in Q4 and reduced debt by 23%, as the company advances its turnaround strategy and expands into new initiatives including entrepreneurship and mining.

The unwinding followed the Reserve Bank of India’s imposition of restrictions on lenders’ net onshore open FX positions, prompting a rush to lower positions aimed at benefitting from gaps between onshore and non-deliverable forwards.

The yield on the benchmark 10-year sovereign bond went up to nearly 7.13% before cooling off as the RBI’s monetary policy review went underway on April 6.

Besides the bonus issue of shares, Anand Rathi Wealth has also paid dividends worth ₹57 per share to its shareholders since January 2022 and has also carried out a buyback of equity shares in June 2024.

Markets extended gains for a third session, with the Nifty closing above 22,950, led by banks and heavyweights, as sentiment improved on easing West Asia tensions.

Bitcoin briefly tops $70,000 as Iran ceasefire hopes and Trump threats roil markets, shorts unwind, ETFs see steady inflows while price stays in a $65,000 to $75,000 range

The rally was backed by strong volumes. Over 2 crore shares changed hands during Monday’s session, significantly higher than the 20-day average of around 14 lakh shares.

Max Estates shares rise after FY26 pre sales hit ₹5,305 crore, driven by strong Q4 and projects in Noida and Gurugram, net debt stays low, stock still down 30% in 6 months