crude oil prices

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    Crude Oil Volatility Driven by Geopolitical Concerns

    New Delhi, March 24 Crude oil prices rebounded in futures trading on Tuesday, rising by Rs 204 to Rs 8,549 per barrel amid uncertainty over geopolitical developments in West Asia.On the Multi Commodity Exchange (MCX), crude oil for April delivery increased by Rs 204, or 2.44 per cent, to Rs...
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    Government Plans Ethanol Boost with Broken Rice Supply

    New Delhi, March 24 The Centre is planning to propose to the Cabinet a plan to reduce the allocation of broken rice in grains distributed under the public distribution system from 25 per cent to 10 per cent, a move that would free approximately 90 lakh tonnes of broken rice annually for the...
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    Currency Markets React to Trump-Iran Developments

    Mumbai, March 24 The rupee fell by 20 paise to 93.73 against the US dollar in early trading on Tuesday as the greenback strengthened and global crude oil prices continued to rise even after US President Donald Trump signaled that negotiations were underway with Iran.Trump said on Monday that...
  4. G

    Rupee at 93.53: Factors Impacting India's Currency

    Mumbai, March 23 The rupee breached the 94-level against the US dollar for the first time on Monday, closing flat at 93.53, amid a correction in global crude prices.At the interbank foreign exchange market, the local currency opened at 93.84 and breached the 94-mark against the US dollar for...
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    India's Markets Hit by War-Related Wealth Erosion

    New Delhi, March 23 Investors' wealth has eroded by a staggering ₹48.29 lakh crore since the start of the West Asia war on February 28, sending shockwaves across global markets and driving the BSE Sensex down by 10.56 per cent.Since the conflict began, the BSE benchmark Sensex has fallen by...
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    Investor Wealth Drops as India Markets React to Geopolitical Tensions

    New Delhi, March 23 The wealth of investors has eroded by a staggering ₹48.29 lakh crore since the start of the West Asia war on February 28, sending shockwaves across global markets and driving the BSE Sensex down by 10.56 per cent.Since the conflict began, the BSE benchmark Sensex has fallen...
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    Rupee Falls to Record Low Amid Global Concerns

    Mumbai, March 23 The rupee breached the 94/dollar barrier for the first time, falling by 50 paise to a new record low of 94.03 (provisional) against the US dollar on Monday, as soaring global crude prices and continued foreign fund outflows unnerved investors.A strengthening US dollar and a...
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    Gold Declines Significantly as Inflation Fears Rise

    New Delhi, March 23 Gold prices plummeted sharply by more than 10 per cent to Rs 1.29 lakh per 10 grams in futures trading on Monday amid a global sell-off in precious metals driven by macroeconomic pressures.On the Multi Commodity Exchange, the yellow metal fell by Rs 14,897, or 10.3 per...
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    India's Sensex and Nifty Fall Amid Global Concerns

    Mumbai, March 23 – The benchmark indices Sensex and Nifty in the Indian stock market declined by nearly 3% on Monday, in line with a weak trend in Asian markets due to rising tensions in the Middle East, which is now in its fourth week.Rising crude oil prices, persistent outflows of foreign...
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    Bond Yields Rise Amid Crude Price Concerns

    Mumbai, March 23 The benchmark bond yield in India rose to a 14-month high on Monday, possibly due to the surge in Brent crude oil prices amid escalating conflict in the Middle East.The yield on the 10-year government bond was trading at 6.8173 per cent around 11 am on Monday, compared to...
  11. V

    Rising Inflation and Middle East Tensions Impact Gold

    New Delhi, March 23 Gold prices plunged sharply by Rs 8,089 to Rs 1.36 lakh per 10 grams in futures trading on Monday, tracking a global sell-off amid rising inflation fears and a firm US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery slumped by Rs 8,089, or 5.6...
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    Sensex and Nifty Decline Amid Global Concerns

    Mumbai, March 23 Benchmark indices Sensex and Nifty plunged sharply in early trading on Monday as the Middle East conflict entered its fourth week, driving up crude oil prices.A significant bearish trend in global equity markets and relentless foreign fund outflows also made investors nervous...
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    Currency Weakness: Rupee Drops Below 94 Against USD

    Mumbai, March 23 The rupee continued its downward trend on Monday, losing 41 paise to fall to a record low of 93.94 against the US dollar, as the ongoing war in West Asia kept global crude oil prices high, and the US dollar remained strong.Sustained outflows of foreign funds and a crash in the...
  14. H

    Crude Oil Prices and Geopolitical Risks Impact India's Markets

    New Delhi, March 22 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to influence investor sentiment in a week shortened by holidays, analysts said.In addition, trends in global markets, trading activity of foreign investors, and the...
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    FPI Outflows Hit Rs 88,180 Cr Amid Middle East Tensions

    New Delhi, March 22 Foreign investors have pulled out approximately USD 9.6 billion (₹88,180 crore) from Indian equities this month, driven by escalating tensions in the Middle East, a weakening rupee, and concerns about the impact of high crude oil prices on India's growth and corporate...
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    Tharoor Urges Government to Acknowledge Rupee Decline's Context

    New Delhi, March 20 As the rupee fell to an all-time low against the US dollar amid mounting geopolitical tensions, senior Congress leader Shashi Tharoor said on Friday that the BJP-led Centre should have the "grace" to withdraw its earlier claim that the Indian currency's decline under the UPA...
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    Currency Crash: Rupee Down 64 Paise Against Dollar

    Mumbai, March 20 The rupee crashed 64 paise to settle at an all-time low of 93.53 against the US dollar on Friday, weighed down by persistent foreign fund outflows and a steep rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the Indian rupee is under tremendous...
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    Premium Petrol Increase in Rajasthan: Limited Impact on Overall Sales

    Jaipur, March 20 Amid volatility in global crude oil markets and rising geopolitical tensions in the Gulf region, Oil Marketing Companies (OMCs) have increased the prices of premium petrol (branded fuel). In Rajasthan, the increase, ranging between Rs 2 and Rs 2.3 per litre, has been announced...
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    Food Delivery Fees Rise: Zomato and Magicpin Respond

    New Delhi, March 20 Food delivery aggregator Zomato has increased the platform fee it charges users by ₹2.40 to ₹14.90 per order, according to its app, on Friday.Zomato's platform fee now stands at ₹14.90 on a pre-GST basis, from ₹12.50 previously.Rival Swiggy has been charging a platform...
  20. S

    LPG Supply Efforts Underway Amid Global Tensions

    New Delhi, March 20 – The government said on Friday that there has been no price increase for regular petrol for consumers, and the increase is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Joint Secretary...
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