Sensex down over 100 points in early trade, PSU banks gain

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.

Indian stock markets opened in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being carefully rationed to ensure wider coverage, with domestic households being the top priority. The three major state-run oil marketing companies (OMCs) have initiated a judicial distribution strategy to manage the available Liquefied Petroleum Gas (LPG) stocks.

Faridabad (Haryana) [India], March 11: On the occasion of International Women's Day, the Asian Institute of Medical Sciences, Faridabad organised a grand cyclothon to promote health awareness. Around 365 participants from Delhi-NCR enthusiastically joined the cycling event. Two events -- 21 km and 10 km cycling races were organised, and participants ranging from children to senior citizens actively took part in them.

The domestic stock markets opened with modest gains on Wednesday as easing crude oil prices supported investor sentiment, even as geopolitical tensions in the Middle East continued to remain in focus.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

Mumbai (Maharashtra) [India], March 10: Asian Paints today unveiled ColourNext 2026, its annual forecast that decodes the cultural, material, and emotional shifts shaping the future of design. Now in its 23rd year, ColourNext continues to be South Asia's most authoritative intelligence on colour, materials, textures, and finishes offering insights that are globally relevant yet deeply rooted in cultural context.

The source said the recent surge in Asian LNG prices and supply disruptions have altered the economics of global gas trade, making shipments from more distant suppliers commercially viable despite higher transportation costs.