crude oil prices

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    Tyre Industry Faces Challenges from West Asia Conflict

    New Delhi, March 12 The ongoing conflict in West Asia is expected to significantly disrupt tyre exports, increase raw material costs, and create logistical challenges for the industry, and will require urgent policy support to mitigate emerging challenges, the Automotive Tyre Manufacturers...
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    Gold and Silver React to Middle East Crisis, Inflation Concerns

    New Delhi, March 12 Silver prices rose by Rs 1,500 to Rs 2.76 lakh per kilogram in the national capital on Thursday, amid firm global trends and intensifying West Asia crisis.According to the All India Sarafa Association, the white metal rose by Rs 1,500, or 0.54 per cent, to Rs 2,76,500 per...
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    Sensex Plunges Amid Rising Crude Prices and Geopolitical Concerns

    Mumbai, March 12 – Benchmark equity indices ended with sharp declines on Thursday, with the Sensex falling by over 800 points amid a surge in crude oil prices due to the escalating crisis in West Asia.Besides, sluggish global market trends, weakness in the rupee, and persistent foreign capital...
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    Market Decline Amid Rising Crude Prices and Middle East Tensions

    Mumbai, March 12 Key equity indices ended with significant declines on Thursday, with the Sensex falling by over 800 points amid a sharp rise in crude oil prices due to the escalating crisis in the Middle East.Furthermore, sluggish global market trends, weakness in the rupee, and persistent...
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    Rupee Falls, Partially Recovers Amid Global Uncertainty

    Mumbai, March 12 The rupee recovered from record low levels and closed with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday, as global crude oil prices remained on an upward trend amid the ongoing conflict in the Middle East.A stronger US dollar and volatility in...
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    Crude Oil Prices Up as Traders Boost Positions

    New Delhi, March 12 Crude oil prices rose by Rs 371 to Rs 8,406 per barrel in futures trading on Thursday, as traders increased their positions in response to strong spot demand.On the Multi Commodity Exchange, crude oil for April delivery rose by Rs 371, or 4.62%, to Rs 8,406 per barrel in...
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    Rupee Weakens as Oil and Equity Markets Decline

    Mumbai, March 12 The rupee plunged by 35 paise to hit an all-time intra-day low of 92.36 against the US dollar on Thursday as global crude oil prices continued to rise overnight and showed no signs of easing amid the ongoing conflict in West Asia.A stronger US dollar and weak sentiment in the...
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    Geopolitical Concerns Weigh on Indian Stock Indices

    Mumbai, March 12 Benchmark indices Sensex and Nifty traded lower during the afternoon session on Thursday amid soaring crude oil prices due to the worsening crisis in West Asia.Besides, weak global market trends and continued foreign fund outflows also dampened investor sentiment, analysts...
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    India's Stock Market Faces Pressure from Oil and Global Trends

    Mumbai, March 12 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Thursday, as a significant increase in crude oil prices, driven by the ongoing crisis in the Middle East, weighed heavily on investor sentiment.Furthermore, weak global market trends and...
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    Rupee Falls 31 Paise Against US Dollar

    Mumbai, March 12 The rupee depreciated by 31 paise to 92.32 against the US dollar in the early trade on Thursday, due to outflows by foreign investors, rising global crude oil prices, and a stronger US dollar, amid the ongoing conflict in the Middle East.The weak start to the trading session...
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    India's FY27 GDP Forecast: 7.1% Amid Global Uncertainty

    Mumbai, March 11 The ongoing conflict in West Asia could pose a downside risk to India's economic outlook due to its impact on crude oil and commodity prices, according to a report by Crisil Intelligence.In its base case scenario, the report expects India's real GDP growth to moderate to 7.1...
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    Market Plunge: Investor Wealth Drops by ₹5.14 Lakh Crore

    New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...
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    Sensex and Nifty Plunge Amid Crude Surge and Geopolitical Concerns

    Mumbai, March 11 The Sensex and Nifty benchmark indices ended nearly 2% lower on Wednesday after a day of recovery, as a surge in global crude oil prices amid rising tensions in West Asia spooked investors.Furthermore, sustained outflows of foreign funds and selling in blue-chip bank stocks...
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    India's Rupee Declines Amid Global Market Trends

    Mumbai, March 11 The rupee declined by 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar amid the ongoing war in West Asia.Forex traders attributed the decline to further outflows from...
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    India's Stock Market Falls Following Crude Oil Increase

    Mumbai, March 11 The benchmark indices of the Indian stock market, Sensex and Nifty, ended nearly 2% lower on Wednesday after a day of recovery following a surge in crude oil prices amid rising tensions in the Middle East.In addition, sustained outflows of foreign funds and selling in shares...
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    Congress Urges Government Transparency on Global Energy Crisis

    New Delhi, March 11 – The Congress expressed concern over the evolving global energy situation on Wednesday, describing it as tense and urging the government to address the issue more transparently.Party leaders said that developments in the international energy market and the domestic...
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    IOC, BPCL, and HPCL Face Margin Pressure Amid Rising Oil Costs

    New Delhi, March 11 S&P Global Ratings said on Wednesday that the profit margins of oil marketing companies like IOC, BPCL, and HPCL could suffer as they are likely to maintain retail prices of petrol and diesel unchanged to curb inflationary pressures.Oil prices have risen since the start of...
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    India's Sovereign Debt Faces Increased Scrutiny as FPIs Reduce Holdings

    Mumbai, March 11 Foreign portfolio investors' (FPI) investments in Fully Accessible Route (FAR) government securities have declined by about Rs 4,634 crore since the start of the Middle East conflict, reflecting growing caution among overseas investors amid rising crude oil prices, a weakening...
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    Iran Conflict Escalates: US Service Members Sustain Wounds

    Washington, March 11 – Approximately 140 US service members have been wounded during the first 10 days of sustained attacks linked to the American military campaign against Iran, the Pentagon said, as Senate Democrats demanded public hearings on President Donald Trump’s war in the Middle East...
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    East Champaran, Kaimur Residents Face LPG Supply Concerns

    Patna, March 10 – A rumour about a potential domestic gas shortage caused panic in the Sugauli block of East Champaran district in Bihar on Tuesday, after claims spread that LPG supplies might be disrupted due to the ongoing tensions between Iran and Israel.As the rumour spread rapidly...
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