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2026-03-16 04:49:44| The Economic Times

Gold and silver opened sharply lower on MCX Monday as soaring energy prices dampened hopes of near-term U.S. rate cuts. MCX April gold fell Rs 1,811 to Rs 1,56,655/10g, while May silver dropped Rs 4,335 to Rs 2,55,101/kg. Rising oil prices and inflation are keeping precious metals under pressure, with futures expected to weaken further amid geopolitical uncertainty.


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2026-03-16 04:33:18| The Economic Times

IndiGo share price rose over 2% after it introduced a fuel surcharge effective March 14, 2026, due to a significant surge in jet fuel prices amid Middle East geopolitical tensions. The airline will charge Rs 425 per sector for domestic and Indian subcontinent flights, and Rs 900-Rs 2,300 for international routes.


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2026-03-16 04:30:00| The Economic Times

Global tensions and rising oil prices are causing market swings. Indian markets are correcting, creating chances in power, infrastructure, and auto sectors. Investors should stay disciplined and focus on long-term growth. Foreign investors are selling, while domestic inflows continue. The rupee is weakening, impacting inflation and imports. Crude oil above $100 poses risks but forex reserves offer some buffer.


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