Business

Business

Dalal Street recap: Six of top-10 firms lose nearly Rs 65,000 crore in mcap; Bharti Airtel leads decline

Indian equities experienced a weak trend, leading to a combined valuation drop of Rs 64,734.46 crore for six of the top ten most valued companies. Bharti Airtel was the biggest loser, with its market cap falling by Rs 29,993.07 crore. Despite broader market declines, select heavyweights like TCS and Infosys saw gains.

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Business

Inside India’s ghost malls: How nostalgic hangout spots lost their magic

India’s once-vibrant malls are becoming ‘ghost malls,’ with nearly 20% underperforming or empty. This decline stems from poor planning, oversupply, and a failure to adapt to changing consumer experiences, not just e-commerce. While some struggle, these spaces offer potential for reinvention into entertainment, co-working, or educational hubs.

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Business

FPI sell-off deepens: Rs 23,801 crore withdrawn in a week; March sees record Rs 1.17 lakh crore exit

Foreign investors have significantly pulled out of Indian stocks, with March seeing record outflows of Rs 1,17,775 crore. Escalating West Asian conflict, soaring crude oil prices above $100, and a weakening rupee are driving this sell-off.

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Business

US-Iran conflict: Middle East war sends US fuel prices soaring, surcharges kick in

Escalating Middle East tensions are driving up fuel costs in the US, impacting daily life and business operations. Petrol prices have surged over a dollar, with diesel seeing an even steeper increase, prompting companies like Amazon and airlines to implement surcharges. Experts warn of broader economic repercussions and consumer price hikes as supply chain pressures

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Business

Tank full, wallet empty? Hong Kong’s petrol prices worst hit amid Iran war

Global energy prices are soaring due to Middle East conflict, with Hong Kong experiencing the world’s highest petrol costs. Despite this, authorities assure supply stability, largely from mainland China. The high prices, driven by duties and land costs, impact logistics and inflation, prompting some drivers to refuel across the border.

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Business

India makes first oil purchase from Iran in 7 years with no payment hurdle

Amid Middle East supply disruptions, Indian refiners have resumed Iranian crude oil purchases after a seven-year hiatus, securing their energy needs. The government confirmed no payment hurdles exist for these imports, assuring India’s crude oil requirements for the coming months are fully met. This strategic shift diversifies sourcing amidst global supply chain challenges.

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Business

Hormuz supply crunch: Rising energy prices impact roads, airlines and restaurants

Global energy prices are soaring due to the Middle East conflict and Strait of Hormuz issues. This is significantly impacting India’s economy. Road construction costs are rising, and airlines face higher fuel expenses. Hotels and restaurants are also feeling the pinch with increased LPG prices. Businesses are adjusting to these escalating costs, with some considering

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Business

Middle East conflict may hit India’s exports beyond region if prolonged, says government

A prolonged Middle East conflict could significantly impact India’s exports, both regionally and globally, due to supply chain disruptions, Commerce Secretary Rajesh Agrawal warned. He urged the pharmaceutical industry to reduce reliance on imported raw materials and build stronger domestic capacities to mitigate these risks and ensure continued growth in the sector.

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Business

India’s pharma exports rise 5.6% to $28.29 billion till Feb in FY26

India’s pharmaceutical exports are thriving, reaching $28.29 billion in April-February FY26, a 5.6% rise despite global challenges. The sector, currently valued at $60 billion, is projected to hit $130 billion by 2030. Leaders are optimistic about continued growth, even with potential US tariff impacts on future exports.

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