crude oil prices

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    Oil Marketing Stocks Surge Amidst Crude Price Decline

    New Delhi, April 8 Shares of oil marketing companies soared on Wednesday, with HPCL rising by 9%, as crude oil prices sharply declined to fall below the $100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark, dropped by 14.03% to...
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    India's Aviation Sector Benefits from Oil Price Decline

    New Delhi, April 8 Aviation stocks soared on Wednesday morning trading following a sharp decline in crude oil prices after the US and Iran announced a two-week ceasefire.The easing of geopolitical tensions led to a sharp drop in Brent crude oil prices, which fell by 13% to $94.94 per barrel...
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    Geopolitical Calm Reduces Crude Oil Futures Drop

    New Delhi, April 8 Crude oil prices plunged sharply on Wednesday, falling by 6 per cent to hit their lower circuit level in futures trading, as global benchmarks weakened following the announcement of a two-week ceasefire between the US and Iran.On the Multi Commodity Exchange (MCX), futures...
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    Rupee Falls 16 Paise Amid Global Uncertainty

    Mumbai, April 7 The rupee depreciated by 16 paise to close at 93.06 against the US dollar on Tuesday, as investors remained cautious ahead of US President Donald Trump's deadline for opening the Strait of Hormuz and the Reserve Bank's monetary policy review.Forex traders said the USD/INR pair...
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    Economic Uncertainty: Gold and Silver Prices React to Geopolitical News

    New Delhi, April 7 Silver prices fell by Rs 2,000 to Rs 2.40 lakh per kilogram, while gold slipped to Rs 1.53 lakh per 10 grams in the national capital on Tuesday as investors turned cautious ahead of US President Donald Trump's deadline to Iran for reopening the Strait of Hormuz.According to...
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    Sensex Jumps 500 Points: Markets Rally for a Fourth Day

    Mumbai, April 7 The stock market benchmark indices, Sensex and Nifty, ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investor sentiment.Furthermore, buying in IT stocks helped the market recover after early losses.The 30-share BSE Sensex jumped...
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    Fuel Surcharge Increases on Air India and Air India Express Flights

    Mumbai, April 7 The Air India group announced on Tuesday that it will impose a fuel surcharge ranging from ₹299 to ₹899 for domestic flights and $24 to $280 for international flights (excluding some routes).The revised fuel surcharge, effective from April 8, will also apply to flights operated...
  8. A

    West Asia Crisis: India Launches Credit Guarantee Initiative

    New Delhi, April 7 The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs affected by the West Asia crisis, sources said.Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders...
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    Crude Oil Prices and Geopolitical Concerns Drive Market Drop

    Mumbai, April 7 The benchmark indices, Sensex and Nifty, declined in early trading on Tuesday as surging crude oil prices, coupled with growing uncertainty about the outcome of the war in West Asia, dampened investor sentiment.Unabated outflows of foreign funds also contributed to the negative...
  10. V

    India's Rupee Faces Pressure from Capital Withdrawal & Oil Prices

    Mumbai, April 7 The rupee depreciated by 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by continued withdrawal of foreign capital, a strong dollar, and higher crude oil prices amid a volatile geopolitical situation.Forex traders said the USD/INR pair remains...
  11. S

    TN Businesses Adjust to Higher Biodegradable Bag Prices

    Chennai, April 7 – A sharp increase in the price of biodegradable bags has begun to impact small businesses across Tamil Nadu. Traders and manufacturers attribute the surge to global geopolitical tensions and rising input costs.The recent escalation in tensions between the United States and...
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    India’s Economic Resilience: FM Details Fiscal Space and Strategic Gains

    New Delhi, April 6 – Finance Minister Nirmala Sitharaman stated on Monday that fiscal prudence has given the government the flexibility to maintain capital expenditure (capex) and support sectors affected by the crisis in West Asia.Furthermore, she said that the Reserve Bank can consider...
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    Gold and Silver See Gains as Geopolitical Concerns Ease

    New Delhi, April 6 Silver prices jumped by Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar.According to the All India Sarafa Association, the white metal appreciated by...
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    Reliance Industries Market Valuation Falls Below Rs 18 Lakh Crore

    New Delhi, April 6 Shares of Reliance Industries fell for the second consecutive day on Monday, with the company's stock dropping over 3 per cent on the stock exchanges.The benchmark stock declined by 3.41 per cent, closing at Rs 1,304.75 on the BSE. Throughout the day, it dropped by 4.50 per...
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    Market Rebound: Sensex and Nifty Rise on Ceasefire Hopes and Banking Gains

    Mumbai, April 6 – Benchmark indices Sensex and Nifty experienced a significant rebound on Monday after an initial decline, driven by a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia conflict.Strong buying in banking and IT stocks, coupled with a...
  16. S

    India's Thali Costs: Vegetable Prices Flat, Chicken Costs Decline

    New Delhi, April 6 – The cost of a home-cooked vegetarian (veg) thali remained stable in March this year, compared to the same month last year, while that of a non-vegetarian (non-veg) thali fell by 1 per cent as chicken prices declined during the month, according to a report released by Crisil...
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    Market Rally: Sensex and Nifty Recover Amidst Crude and Banking Support

    Mumbai, April 6 The benchmark indices, Sensex and Nifty, staged a sharp rebound on Monday after falling in early trading following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing Middle East conflict.Besides, intense buying in bank stocks also supported...
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    Silver Futures Surge: Imports Restricted, Global Trends Drive Gains

    New Delhi, April 6 Silver prices surged by Rs 2,273 to Rs 2.34 lakh per kilogram in futures trading on Monday, driven by firm global trends amid geopolitical tensions in West Asia.On the Multi Commodity Exchange, the white metal for May delivery rose by Rs 2,273, or 1 percent, to Rs 2,34,768...
  19. S

    India's RBI to Address Economic Uncertainty

    April 06, New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting is scheduled to begin on Monday, with investors and economists closely monitoring for signals regarding interest rates and inflation outlook.The meeting is taking place amid heightened global uncertainty...
  20. Z

    Oil Prices Surge, Markets Decline Amid War Fears

    Mumbai, April 6 The benchmark indices Sensex and Nifty declined in the early trading on Monday as crude oil prices rose amid fears of further escalation in the West Asia conflict.Relentless foreign fund outflows also dampened market sentiment.The 30-share BSE Sensex declined by 270.13 points...
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