Mojtaba Khamenei named Iran’s new Supreme Leader, says report
Mojtaba Hosseini Khamenei, the second son of Ayatollah Ali Khamenei, has been chosen as Iran’s new Supreme Leader by the country’s Assembly of Experts, according to Iran International.
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Gold, silver prices ease after Tuesday’s sharp dip: What analysts expect next
Gold and silver regained ground on Wednesday (March 4) after a sharp fall on Tuesday (March 3), reflecting renewed safe-haven demand amid geopolitical tensions and market volatility.
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Rupee crosses 92 per dollar for the first time ever
The Indian rupee fell to all-time low of 92.05 per US dollar on Wednesday (March 4), marking the first time the currency has crossed the 92/$ mark. Analysts say the pressure on the rupee could persist until the conflict in the Middle East eases.
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HDFC Bank to hike safe deposit locker fees by up to 184% from April 1
HDFC Bank is reported to be revising its safe deposit locker rental charges from April 1, 2026, according to multiple news outlets citing the bank’s communication to customers. The revision is expected to introduce a new “Metro Plus” branch category and higher fees across several locker sizes and locations.
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US-Israel-Iran war: Trump throws weight behind anxious shippers, assures financial guarantees and navy escort
On Tuesday, March 3, President Donald Trump announced that he had directed the US International Development Finance Corporation to offer financial guarantees and political risk insurance for maritime commerce passing through the Gulf. He also mentioned that the US Navy could start escorting oil tankers through the Strait of Hormuz if needed.
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Explained — Four major factors why Gold prices sold off on Tuesday
The precious metal is generally treated as a haven asset, particularly during instances such as the ongoing US-Iran war, but ended up snapping a four-day winning streak on Tuesday, slipping below the mark of $5,100 an ounce mark for the first time after February 19.
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An 800-point recovery on Wall Street and the reasons behind it
US President Donald Trump declared that he has asked the United Stated Development Finance Corporation (DFC) to provide, at a very reasonable price, risk insurance and guarantees for the financial security of all maritime trade, especially energy, travelling through the Gulf.
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IMF’s Katz says Iran war could hit global growth and inflation
The global economy was expected to grow at a healthy pace before the US-Iran war erupted, but the conflict now has the potential to affect growth and inflation across the world significantly, said IMF Deputy Managing Director Katz.
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War with Iran strains the US-UK relationship as Starmer and Trump disagree
Keir Starmer has never had a bad word to say in public about Donald Trump. That is not being reciprocated now as the American president lambasts the British prime minister over his reluctance to join the US-Israeli strikes on Iran.
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Biocon acquires OCRPS of Biocon Biosphere, Biocon Pharma for ₹315 crore
Biotech firm Biocon Ltd on Tuesday (March 3) said it has completed the acquisition of Optionally Convertible Redeemable Non-Cumulative Preference Shares (OCRPS) of its wholly owned subsidiaries.
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United Spirits wins CESTAT case, ₹141 crore excise duty and penalty dropped
Diageo-controlled liquor maker United Spirits Ltd on Tuesday (March 3) said it has received a favourable order from the Custom, Excise & Service Tax Appellate Tribunal (CESTAT). The order, dated June 9, 2025, relating to financial years 1997-2005, was received by the company on March 2, 2026, at 10:10 PM IST.
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