crude oil prices

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...

New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre, averting a retail price hike that had become necessary due to soaring global oil prices.The reduction in special additional excise duty on petrol from ₹13 to ₹3 per litre and on diesel from ₹10...

Mumbai, March 27 Maharashtra Chief Minister Devendra Fadnavis on Friday said the reduction in petrol excise duty will shield consumers from the impact of rising crude prices amid the West Asia conflict, and urged people to avoid panic buying of fuels as it can create an artificial shortage...

New Delhi, March 27 – The reduction in excise duty on petrol and diesel is aimed at the upcoming assembly elections in four states, not because the government cares about consumers, TMC Rajya Sabha member Saket Gokhale said.Participating in a discussion on the Finance Bill 2026 in the Upper...

New Delhi, March 27 – The Congress party on Friday accused the government of reducing excise duties on petrol and diesel due to upcoming assembly elections, pointing out that consumer prices in India have not decreased even when global crude oil prices have fallen on seven different occasions in...

Mumbai, March 27 Maharashtra Chief Minister Devendra Fadnavis said on Friday that the reduction in petrol excise duty announced by the Central government will protect consumers from the impact of rising global crude prices amid the ongoing conflict in West Asia.Welcoming the government's...