Mumbai, March 5 The rupee recovered from its lowest level and gained 48 paise to trade at 91.57 against the US dollar in early trade on Thursday, tracking positive momentum in domestic equity markets.However, higher crude oil prices, a strengthening American currency, and intense selling of...
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Mumbai, March 4 The rupee plunged by 56 paise to close at an all-time low of 92.05 against the US dollar on Wednesday, weighed down by soaring crude oil prices in the wake of the Iran crisis.Forex traders said the dollar index crossed 98 levels due to the risk-off sentiment prevailing globally...
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New Delhi, March 4 Shares of oil marketing companies and paint manufacturers declined for the second consecutive day on Wednesday, as the deepening conflict in West Asia pushed crude oil prices higher.The stock of Hindustan Petroleum Corporation Ltd fell by 5.41 per cent, Bharat Petroleum...
New Delhi, March 4 Equity investors lost Rs 16.32 lakh crore in the two-day stock market fall following the escalation of the conflict involving the US, Israel, and Iran.On Wednesday, the 30-share BSE Sensex fell by 1,122.66 points or 1.40 per cent, closing at 79,116.19. During the day, it...
Mumbai, March 4 Benchmark stock indices Sensex and Nifty closed more than 1 per cent lower on Wednesday, in line with a weak trend in Asian markets as the conflict in West Asia intensified, driving up oil prices.Falling for the fourth consecutive session, the 30-share BSE Sensex plunged...
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Mumbai, March 4 Indian government bond yields rose to nearly a three-week high on Wednesday afternoon, tracking a sharp increase in global crude oil prices amid escalating tensions in the Middle East.The yield on the benchmark 10-year government security rose to 6.7112 percent, its highest...
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Mumbai, March 4 The rupee plunged by 67 paise to close at an all-time low of 92.16 against the US dollar on Wednesday, weighed down by soaring crude oil prices in the wake of the Iran crisis.Forex traders said that the dollar index crossed 98 levels due to the risk-off sentiment prevailing...
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Mumbai, March 4 The benchmark stock indices, Sensex and Nifty, plunged by more than 1 per cent on Wednesday, in line with a weak trend in Asian markets, as the conflict in West Asia intensified, driving up oil prices.For the fourth consecutive session, the 30-share BSE Sensex fell by 1,122.66...
New Delhi, March 4 Silver and gold prices rebounded in futures trading on Wednesday, tracking firm demand in international markets as investors sought safe-haven assets amid escalating tensions in the Middle East following the US administration signaling that military operations against Iran...
Mumbai, March 4 The benchmark stock market indices, Sensex and Nifty, experienced significant losses on Wednesday, in line with the weak trend in Asian markets, as the conflict in West Asia intensified, driving up oil prices.Continuing its sharp fall from the previous session, the 30-share BSE...
New Delhi, March 4 Crude oil prices rose by Rs 93 to Rs 7,018 per barrel in futures trading on Wednesday, as participants increased their positions in response to strong spot demand.On the Multi Commodity Exchange, crude oil for April delivery rose by Rs 93, or 1.34%, to Rs 7,018 per barrel in...
Mumbai, March 4 The benchmark equity indices, Sensex and Nifty, plunged in early trading on Wednesday, mirroring a bearish trend in Asian markets, as the conflict in West Asia intensified, driving up oil prices.The 30-share BSE Sensex fell by 1,758.22 points or 2.19%, closing at 78,480.63, as...
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Mumbai, March 4 The rupee plunged by 69 paise to a historic low of 92.18 against the US dollar on Wednesday, as a sharp rise in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.Forex traders said that the domestic...
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Washington, March 4: Oil and natural gas prices surged sharply as the war involving Iran raised fears about disruptions to the Strait of Hormuz, a key shipping corridor for global energy. This prompted US President Donald Trump to take steps to reassure markets and protect tanker traffic...
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New Delhi, March 3: India is in a reasonably comfortable position regarding crude oil, LPG, and LNG, with a reserve of 25 days for crude and 25 days for products, including those in transit on ships heading to the country's ports, according to government sources.India imports over 85% of its...
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New Delhi, March 3 India possesses approximately 100 million barrels of commercial crude oil reserves – stored in tanks, underground reserves, and on ships en route – which could cover roughly 40-45 days of its needs if flows through the Strait of Hormuz are disrupted, according to Kpler.India...
Mumbai, March 2 The rupee saw a steep loss of 41 paise to settle at 91.49 against the US dollar on Monday after intensified US and Israeli attacks on Iran worldwide increased risk aversion, driving up crude oil prices and increasing demand for the American currency.Massive selling in domestic...
New Delhi, March 2 International oil prices rose by about 9% following attacks by the US and Israel on Iran, and retaliatory strikes by Tehran, but retail petrol and diesel prices in India are unlikely to increase in the near term, sources said.Brent crude, the global benchmark, climbed close...
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New Delhi, March 2 Shares of oil marketing companies and paint manufacturers declined on Monday, in line with the weak trend in equities, as the deepening conflict in West Asia drove crude oil prices higher.The stock of Indian Oil Corporation tumbled by 4.53 per cent, Hindustan Petroleum...
New Delhi, March 2 Equity investors lost a combined Rs 6.59 lakh crore on Monday as markets experienced a significant downturn amid rising tensions in the Middle East, which weighed heavily on investor sentiment.The 30-share BSE Sensex fell by 2,743.46 points or 3.37%, closing at 78,543.73. It...