crude oil prices

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    Geopolitical Concerns Drive Gold Price Increase

    New Delhi, March 17 Gold prices rebounded in futures trading on Tuesday, gaining Rs 922 to Rs 1.56 lakh per 10 grams, ending a three-day losing streak amid persistent geopolitical tensions in West Asia.On the Multi Commodity Exchange, the yellow metal for April delivery increased by Rs 922, or...
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    Currency Markets: Rupee Weakens Amid Oil Price Rise

    Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...
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    India's Rupee Sees Small Gain as Crude Prices and Outflows Weigh

    Mumbai, March 16 The rupee strengthened by 2 paise to settle at 92.28 against the US dollar on Monday, supported by a firm trend in domestic equity markets and a weak greenback against major currencies overseas.However, surging crude oil prices and foreign funds outflows triggered by...
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    Market Sentiment Weakens: Gold Futures See Decrease

    New Delhi, March 16 Gold prices started the week on a negative note, declining by ₹2,225 to ₹1.56 lakh per 10 grams in the futures trade on Monday amid a bearish sentiment in overseas markets and a strong US dollar.On the Multi Commodity Exchange, gold futures for April delivery depreciated by...
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    Silver and Gold Prices Decline Amid Global Uncertainty

    New Delhi, March 16 Silver prices fell by Rs 9,000 to Rs 2.56 lakh per kg while gold prices dropped by Rs 2,950 to Rs 1.60 lakh per 10 grams in the national capital on Monday, according to the All India Sarafa Association.Weak global trends and a stronger US dollar affected precious metals...
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    Crude Oil Prices Drive Wholesale Inflation Increase

    New Delhi, March 16 Wholesale price inflation rose to an 11-month high of 2.13 per cent in February, driven by an increase in the prices of food and non-food items, even though vegetable prices eased on a month-on-month basis, according to government data released on Monday.This is the fourth...
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    Crude Prices and Foreign Funds Drive Rupee Decline

    Mumbai, March 16 The rupee weakened by 10 paise to settle at a fresh record low of 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and persistent withdrawal of foreign funds triggered by geopolitical uncertainties.The local currency, however, resisted a sharp...
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    Geopolitical Events Drive Crude Oil Price Increase

    New Delhi, March 16 Crude oil prices rose by ₹119 to ₹9,171 per barrel in futures trading on Monday as escalating tensions in West Asia kept supply risks in focus, even as the US explored ways to restore shipping around the Strait of Hormuz.On the Multi Commodity Exchange (MCX), crude oil for...
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    Silver Futures Decline Amid Weak Demand and Dollar Strength

    New Delhi, March 16 Silver futures plunged by ₹4,232 to ₹2.55 lakh per kilogram in the futures trade on Monday, as weak domestic demand and a strong US dollar weighed on investors' sentiment.On the Multi Commodity Exchange, the white metal for the May delivery declined by ₹4,232, or 1.63 per...
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    India's Fuel Price Freeze: Impact on Refiners

    New Delhi, March 15 State-owned oil marketing companies are considering paying refineries a price lower than the imported rates of petrol and diesel to limit mounting losses from a retail fuel price freeze, a move that could hit standalone refiners like MRPL, CPCL and HMEL.International oil...
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    Market Correction Amid Geopolitical Risks and Rising Oil Prices

    New Delhi, March 15 Developments surrounding the ongoing conflict in West Asia and crude oil price movements will be the major factors driving trends in the equity market this week, analysts said.In addition to global trends, decisions by the US Fed on interest rates and inflation data would...
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    Market Valuation Drops: Top Firms See Significant Losses

    New Delhi, March 15 The combined market valuation of the top 10 domestic firms declined sharply by Rs 4.48 lakh crore last week, in line with a steep decline in equities, with major banking firms State Bank of India and HDFC Bank experiencing the biggest losses.Last week, the BSE benchmark...
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    Foreign Investors Withdraw $5.73 Billion from Indian Equities

    New Delhi, March 15 Foreign investors withdrew ₹52,704 crore (approximately USD 5.73 billion) from domestic equities in the first fortnight of March amid escalating tensions in West Asia, the depreciation of the rupee, and concerns over the impact of high crude oil prices on India's growth and...
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    Sensex Plunges: Geopolitical Worries Drive Market Sell-Off

    Mumbai, March 13 – The Sensex and Nifty indices experienced significant selling pressure for the third consecutive day on Friday, as rising crude prices fueled concerns about inflation and global economic stability amidst the ongoing conflict in West Asia.Intense selling in global markets...
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    Rupee Falls 20 Paise to 92.45 Against Dollar

    Mumbai, March 13 The rupee fell by 20 paise to close at a fresh record low of 92.45 (provisional) against the US dollar on Friday, amid soaring crude oil prices and the ongoing conflict in West Asia.According to forex traders, a stronger US dollar, heavy outflows of foreign funds, and...
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    Silver Drops as Investors Watch Inflation Data

    New Delhi, March 13 The price of silver plunged by Rs 5,354 to Rs 2.62 lakh per kilogram in futures trading on Friday, as rising crude oil prices and persistent inflationary concerns weighed on investor sentiment.On the Multi Commodity Exchange, the white metal for May delivery fell by Rs...
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    Rupee Falls to New Low Amid Global Concerns

    Mumbai, March 13 The rupee hit a fresh all-time intra-day low of 92.44 against the US dollar on Friday, down 19 paise from its previous close, as rising global crude oil prices amid the ongoing conflict in West Asia kept international markets on edge.A stronger US dollar, heavy outflows by...
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    Currency Weakness: Rupee Falls Against US Dollar

    Mumbai, March 13 The rupee fell by 12 paise to a record low of 92.37 against the US dollar in early trading on Friday, as global crude oil prices showed no signs of easing amid the ongoing conflict in West Asia.A stronger dollar, heavy selling by foreign institutional investors (FIIs), and...
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    Trump Prioritizes Iran's Nuclear Threat Over Oil Prices

    Washington, March 12 US President Donald Trump said on Thursday that stopping the "evil empire" in Iran was of greater importance to him than oil prices, which have been high since the US and Israel launched a war on Iran on February 28.Iranian attacks on ships and oil infrastructure in West...
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    Rupee Falls to Record Low Amid Global Concerns

    Mumbai, March 12 The rupee touched a fresh intra-day low on Thursday and closed the session 24 paise down at its lowest level of 92.25 against the US dollar, due to elevated crude oil prices and massive withdrawal of foreign capital.The Indian currency, caught in the crossfire amidst the...
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