crude oil prices

New Delhi, April 11 The government on Saturday increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 per litre.The duty hike will be effective immediately, the finance ministry said in a notification.The government had, on March 26...

New Delhi, April 10 Jio-BP, the fuel joint venture of Reliance Industries Ltd and BP Plc, does not plan to immediately raise fuel prices despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday.The country's second-largest private fuel retailer has kept...

Mumbai, April 10 The conflict in West Asia may impact India's remittance flow, as one-third of the inflows from the diaspora come from Gulf Cooperation Council countries, according to Crisil Ratings on Friday.The current account deficit can be adversely affected due to a reduction in the...

New Delhi, April 10 Crude oil prices rose by Rs 356 to Rs 9,289 per barrel in futures trading on Friday, as participants increased their positions following strong spot demand.On the Multi Commodity Exchange, crude oil for May delivery traded higher by Rs 356 or 3.99 per cent at Rs 9,289 per...

Mumbai, April 10 – The Indian stock market indices, Sensex and Nifty, rebounded on Friday morning, driven by a rally in banking stocks and a positive trend in global markets.The 30-share BSE Sensex rose by 630.08 points to 77,261.73. The 50-share NSE Nifty climbed by 203.6 points to 23,978.70...

New Delhi, April 9 After imposing a windfall tax on fuel exports, India has moved to cap refinery margins in an effort to offset losses on domestic fuel sales, sources said.The war in West Asia has had two prolonged impacts – a spike in international oil prices, which has led to record losses...

Mumbai, April 9 – The Sensex and Nifty benchmark indices experienced heavy selling pressure, leading to significant declines on Thursday after investors reduced their exposure to financial, banking, and IT stocks due to renewed tensions in the West Asia, which had previously fueled optimism...

New Delhi, April 9 Crude oil prices rebounded by Rs 411 to Rs 9,272 per barrel in futures trading on Thursday, driven by firm global cues and fresh buying following recent sharp losses.On the Multi Commodity Exchange, crude oil for the April delivery jumped by Rs 411, or 4.64 per cent, to Rs...

New Delhi, April 9 Silver prices declined by Rs 2,895 to Rs 2.37 lakh per kilogram in futures trading on Thursday, driven by weak global trends and profit-booking after recent gains.On the Multi Commodity Exchange, the white metal for May delivery fell by Rs 2,895, or 1.21 percent, to Rs...

New Delhi, April 8 Investors' wealth swelled by ₹16.25 lakh crore on Wednesday, mirroring a sharp rally in the stock market where the BSE Sensex jumped nearly 4 per cent, after the US and Iran announced a two-week ceasefire.Rising for the fifth day in a row, the 30-share BSE Sensex jumped...

London, April 8 British Prime Minister Keir Starmer begins a visit to the Gulf region on Wednesday to discuss diplomatic efforts to support and uphold the ceasefire agreed between the US and Iran overnight.Downing Street said his visit to the Middle East is aimed at achieving a lasting...

New Delhi, April 8 Silver prices surged by Rs 11,000 to Rs 2.51 lakh per kilogram in the national capital on Wednesday, while gold advanced to Rs 1.56 lakh per 10 grams amid strong global cues following an agreement between the US and Iran for a two-week ceasefire.According to the All India...

New Delhi, April 8 Shares of oil marketing companies surged on Wednesday, with HPCL rising by nearly 10 per cent, as crude oil prices sharply declined to fall below the USD 100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark...

New Delhi, April 8 Aviation stocks ended sharply higher on Wednesday following a steep decline in crude oil prices after the US and Iran announced a two-week ceasefire.Easing of geopolitical tensions led to a sharp fall in Brent crude oil prices, which tumbled 14.12 per cent to USD 93.95 per...

New Delhi, April 8 Gold prices surged by Rs 3,007 to Rs 1.53 lakh per 10 grams in futures trading on Wednesday due to increased buying driven by a weak US dollar and a sense of relief after Washington and Tehran agreed to a two-week ceasefire.On the Multi Commodity Exchange, the yellow metal...

Mumbai, April 8 The benchmark indices Sensex and Nifty ended nearly 4 per cent higher on Wednesday, following a strong rally in global markets and a drop in crude oil prices, after the US and Iran announced a two-week ceasefire.For the fifth day in a row, the 30-share BSE Sensex jumped...

New Delhi, April 8 Silver prices surged by Rs 15,028 to Rs 2.46 lakh per kilogram in futures trading on Wednesday, driven by strong global trends and increased investor sentiment following the announcement of a two-week ceasefire by the US and Iran.On the Multi Commodity Exchange, the silver...

London, April 8 British Prime Minister Keir Starmer begins a visit to the Gulf region on Wednesday to discuss diplomatic efforts to support and uphold the ceasefire agreed between the US and Iran overnight.Downing Street said his visit to the Gulf region is aimed at achieving a lasting...

New Delhi, April 8 Crude oil prices plummeted by 18 percent to Rs 8,775 per barrel in futures trading on Wednesday, following an agreement between the US and Iran to a two-week ceasefire and the reopening of the Strait of Hormuz, triggering heavy selling by traders as geopolitical risk vanished...

Mumbai, April 8 – The Reserve Bank of India maintained its key policy rate unchanged on Wednesday, adopting a cautious approach while assessing the impact of the six-week Iran conflict on energy supplies, inflation, and economic growth.The central bank's Monetary Policy Committee voted...