crude oil prices

Hyderabad, March 30 – The Telangana Legislative Assembly unanimously passed a resolution on Monday, urging the Centre to take the initiative to stop the war in the Middle East.The resolution warns that if the war between the US, Israel, and Iran continues, this could lead to a third World War...

New Delhi, March 30 The central government's fiscal deficit stood at Rs 12.52 lakh crore at the end of February, or 80.4 per cent of the annual budget target for 2025-26, compared to 85.8 per cent in the year-ago period, according to government data released on Monday.The Centre estimates the...

New Delhi, March 30 Congress leader Rahul Gandhi on Monday alleged that Prime Minister Narendra Modi has "surrendered" India's future, and claimed that the economy has collapsed, stocks are crashing, and savings are being wiped out because the prime minister is "compromised"."Rupee: Rs 95 to...

Australia will halve its fuel excise tax until the end of June to help ease costs for households amid a surge in fuel prices caused by the conflict in the Middle East. Australian Prime Minister Anthony Albanese made the announcement today as the international benchmark for crude oil rose above...

New Delhi, March 30 Crude oil prices rose by Rs 159 to Rs 9,554 per barrel in futures trading on Monday, as the escalating conflict in West Asia is causing severe disruptions in energy supply.On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 159, or 1.69%, at Rs...

Mumbai, March 30 The rupee recovered 128 paise from its all-time low of 93.57 against the US dollar in early trade on Monday, after the Reserve Bank reduced the net open position that banks can hold overnight to USD 100 million.Forex traders said the rupee opened stronger as banks, who...

New Delhi, March 29 Developments related to the ongoing month-long conflict in West Asia, its impact on crude oil prices, and global trends would continue to be key drivers for domestic equities in the week ahead, analysts said.In addition, the rupee-dollar trend and trading activity of...

In New Delhi, on March 29, the applicability of newly imposed export windfall taxes on diesel and ATF shipments from Reliance Industries' SEZ refinery remains a key uncertainty following India's fuel duty overhaul, with significant implications for refining margins and government revenues...

New Delhi, March 28 The near-term outlook remains uncertain, with external shocks, particularly the West Asia crisis, posing downside risks to growth through elevated input costs and potential supply disruptions, the Finance Ministry said in a report on Saturday.However, the report said...

Bengaluru, March 27 – Terming the Centre's move on fuel prices as an election gimmick, Karnataka Deputy Chief Minister D.K. Shivakumar on Friday alleged that petrol and diesel prices would be increased again immediately after the elections.Addressing the media at the KPCC office and later...

Mumbai, March 27 Maharashtra Deputy Chief Minister Eknath Shinde on Friday said the Centre's decision to reduce the special additional excise duty on petrol is a masterstroke that will provide relief to citizens.In a post on X, Shinde accused the Opposition of instilling fear among people that...

Bengaluru, March 27 – Karnataka Chief Minister Siddaramaiah, Deputy Chief Minister D.K. Shivakumar, and AICC General Secretary Randeep Singh Surjewala launched a sharp attack on the Union government on Friday, alleging large-scale “loot” through taxation on petrol and diesel over the past 11...

Mumbai, March 27 The rupee plunged by a massive 89 paise to close at a historic low of 94.85 against the US dollar on Friday, as concerns over higher crude oil prices weighed heavily on the currency and the overall macroeconomic outlook.Forex traders said the rupee is succumbing to the...

Chandigarh, March 27 Punjab BJP President Sunil Jakhar expressed his gratitude to Prime Minister Narendra Modi on Friday for taking a major decision to provide relief to the general public in view of rising global fuel prices.The excise duty on petrol has been reduced from Rs 13 to Rs 3 per...

New Delhi, March 27 Union Finance Minister Nirmala Sitharaman said on Friday that the Centre's decision to reduce excise duty on petrol and diesel by Rs 10 was aimed at protecting citizens from the impact of rising global crude oil prices, asserting that the government has chosen to absorb the...

New Delhi, March 27 Equity investors experienced a loss of ₹8.86 lakh crore on Friday as the markets plunged, falling by over 2% as the conflict in West Asia showed no signs of easing, leading to a fresh spike in crude oil prices.The 30-share BSE Sensex fell by 1,690.23 points or 2.25%...

New Delhi, March 27 Reliance Industries' shares experienced heavy selling on Friday, falling by 4.6 per cent, resulting in an erosion of Rs 87,014 crore in its market valuation, in line with the bearish trend in the stock market.The benchmark stock plummeted 4.55 per cent to close at Rs...

New Delhi, March 27 Finance Minister Nirmala Sitharaman said on Friday that there is no proposal to impose a lockdown in the country in the wake of the West Asia war, and asked politicians to refrain from spreading rumors and creating a sense of fear among the people.The minister also said...

New Delhi, March 27 – Union Minister Pralhad Joshi on Friday described the opposition's behavior in Parliament as "most unfortunate," accusing the Congress and other parties of acting irresponsibly at a time when the world is grappling with economic challenges, particularly rising crude oil...

New Delhi, March 27 Prices of precious metals fell by up to 5 percent, with silver plunging by Rs 11,250 to Rs 2.30 lakh per kilogram, while gold declined to Rs 1.47 lakh per 10 grams in the national capital on Friday.According to the All India Sarafa Association, the white metal fell by Rs...