crude oil prices

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    Currency Recovery: Rupee Rises Amid Global Market Shifts

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85, aided by a sharp fall in global crude oil prices, fueled by hopes of de-escalation of the ongoing conflict in West Asia.Forex traders said the Indian...
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    India's Economic Growth at Risk as West Asia Conflict Escalates

    Mumbai, March 10 An escalating conflict in West Asia could pose downside risks to India's economic growth outlook if the conflict persists, according to a report by ICRA.The rating agency said it expects India's real GDP growth to be around 7.1 per cent in FY2027, slightly lower than the 7.6...
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    Rajasthan Government Prioritizes Domestic LPG Supply Amidst Disruptions

    Jaipur, March 10 – Rajasthan Food and Civil Supplies Minister Sumit Godara stated on Tuesday that the global energy market has been affected due to international supply disruptions and the war-like conditions prevailing in the Gulf region.He said that crude oil prices in the international...
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    Silver Hits Rs 2.79 Lakh/kg Amid Geopolitical Uncertainty

    New Delhi, March 10 Silver prices surged by Rs 10,975 to Rs 2.79 lakh per kilogram in the national capital on Tuesday, while gold rose by Rs 400, tracking strong global trends as a weak US dollar boosted demand for the safe-haven asset.Ending its three-day losing streak, the white metal soared...
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    Sensex and Nifty Rebound as Crude Oil Prices Fall

    Mumbai, March 10 Stock market benchmark indices Sensex and Nifty ended nearly 1 per cent higher on Tuesday after two days of a massive decline, following a drop in crude oil prices and a recovery in global peers amid indications that the West Asia crisis could soon end.The 30-share BSE Sensex...
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    Shipping Sector Warned Against Predatory Pricing Amid Middle East Tensions

    Mumbai/New Delhi, March 10 The Directorate General of Shipping, the regulatory body for the shipping sector, has advised shipping companies, vessel operators, and agents to refrain from "predatory, non-transparent, and opportunistic pricing practices" in the wake of disruptions caused by the...
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    India's Stock Market Recovered After Crude Oil Price Decline

    Mumbai, March 10 The stock market benchmark indices, Sensex and Nifty, ended nearly 1 per cent higher on Tuesday, after two days of heavy decline, following a drop in crude oil prices and a recovery in global markets amid hopes that the conflict in West Asia could soon end.The 30-share BSE...
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    India's Rupee Stabilizes After Recent Drop

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices amid hopes of de-escalation of the ongoing conflict in West Asia.Sharp gains in the...
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    Iran Launches Barrages Amidst Escalating West Asia Conflict

    March 10, New Delhi – Donald Trump stated on Monday that the United States would intensify its actions against Iran and would continue to do so, while assuring that military operations would end "very soon," a remark that helped stabilize turbulent markets amid the escalating West Asia conflict...
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    Sri Lanka Increases Fuel Prices to Reflect Rising Import Costs

    Retail fuel prices in Sri Lanka have increased following a revision by the state-owned Ceylon Petroleum Corporation, which came into effect today.The new pricing structure has resulted in an increase of approximately 7-8% or at least 24 Rupees per liter across the board. The revision applies...
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    Sri Lanka Addresses Fuel Shortages with Price Increase

    Colombo, March 10 Sri Lanka has increased retail fuel prices by over 8 per cent, effective from midnight on Monday, in an effort to curb hoarding and panic buying amid rising global crude oil prices, officials said on Tuesday.This price revision comes as global crude oil prices have crossed...
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    Sensex and Nifty Rise Amid Global Market Recovery

    Mumbai, March 10 The benchmark equity indices, Sensex and Nifty, rebounded sharply on Tuesday's early trading after two days of a massive decline, following a drop in crude oil prices and a recovery in global markets, amid hopes that the conflict in West Asia could soon conclude.The 30-share...
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    Rupee Depreciation: Geopolitical Risks and Market Turmoil

    Mumbai, March 9 The rupee crashed to its all-time low of 92.21 against the US dollar on Monday, losing 39 paise during the session, as global crude oil prices saw a sharp increase, and the US dollar strengthened amid escalating conflict in the Middle East.Forex traders said heightened...
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    Government Increases LPG Booking Time Amid Supply Concerns

    New Delhi, March 9 – The government has increased the minimum waiting period for booking a domestic LPG cylinder refill from 21 days to 25 days to prevent hoarding, as there were signs of panic buying taking place in the market amid the uncertainties due to the Iran war.Officials said that...
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    Government Monitors Oil Markets, No Price Hike Planned

    New Delhi, March 9 Petrol and diesel prices will not be increased for now, despite international crude oil rates crossing USD 100 per barrel, top government sources said on Monday.Officials said the government is closely monitoring global oil markets, but there is no immediate plan to raise...
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    Bullion Market Update: Silver Drops, Gold Holds

    New Delhi, March 9 Silver prices declined by Rs 3,400 to Rs 2.68 lakh per kilogram, and gold traded almost flat at Rs 1,64,300 per 10 grams in the national capital on Monday as a firm US dollar dampened the precious metals' demand amid volatile global markets.According to the All India Sarafa...
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    Oil Market Volatility Hurts Energy & Paint Sectors

    New Delhi, March 9 Shares of oil marketing companies and paint manufacturers ended lower on Monday amid a sharp rally in crude oil prices due to the deepening conflict in West Asia, which has entered its second week.Market analysts said that oil marketing companies came under pressure as...
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    Sensex & Nifty Plunge Amid Oil Surge & Geopolitical Concerns

    Mumbai, March 9 – The Sensex and Nifty indices plunged by nearly 2% on Monday, as soaring crude oil prices and weak global trends due to the worsening situation in West Asia triggered a sharp sell-off in the stock market.In addition, the continued exodus of foreign funds and the weakening of...
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    Sensex and Nifty Plunge Amid Crude Oil Surge and Middle East Turmoil

    Mumbai, March 9 The Sensex and Nifty benchmark indices plunged by nearly 2% on Monday as soaring crude oil prices and weak global trends due to the worsening situation in the Middle East triggered a sharp sell-off in the stock market.Besides, the continued exodus of foreign funds and the...
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    Oil Crisis Concerns Trigger Fuel Reserves in Chhatrapati Sambhajinagar

    Chhatrapati Sambhajinagar, March 9 The administration in Maharashtra's Chhatrapati Sambhajinagar district has directed oil and gas companies to ensure fuel supply for government vehicles involved in essential services, citing potential disruptions in supply amid the Middle East conflict, an...
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