crude oil prices

New Delhi, March 5 Shares of oil marketing companies rebounded on Thursday after a two-day slide, driven by bargain hunting at lower levels and a recovery in the broader market.The stock of Hindustan Petroleum Corporation Ltd rose by 4.19 per cent, Bharat Petroleum Corporation Ltd climbed by...

According to Crisil Ratings, a prolonged war in the Middle East could adversely affect several Indian sectors with direct trade exposure to the region, including basmati rice, fertilizers, diamond polishing, airlines, and travel operators.The rating agency said that sectors dependent on...

Mumbai, March 5 The rupee recovered from its lowest level and gained 48 paise to trade at 91.57 against the US dollar in early trade on Thursday, tracking positive momentum in domestic equity markets.However, higher crude oil prices, a strengthening American currency, and intense selling of...

Mumbai, March 4 The rupee plunged by 56 paise to close at an all-time low of 92.05 against the US dollar on Wednesday, weighed down by soaring crude oil prices in the wake of the Iran crisis.Forex traders said the dollar index crossed 98 levels due to the risk-off sentiment prevailing globally...

New Delhi, March 4 Shares of oil marketing companies and paint manufacturers declined for the second consecutive day on Wednesday, as the deepening conflict in West Asia pushed crude oil prices higher.The stock of Hindustan Petroleum Corporation Ltd fell by 5.41 per cent, Bharat Petroleum...

Mumbai, March 4 Indian government bond yields rose to nearly a three-week high on Wednesday afternoon, tracking a sharp increase in global crude oil prices amid escalating tensions in the Middle East.The yield on the benchmark 10-year government security rose to 6.7112 percent, its highest...

Mumbai, March 4 The rupee plunged by 67 paise to close at an all-time low of 92.16 against the US dollar on Wednesday, weighed down by soaring crude oil prices in the wake of the Iran crisis.Forex traders said that the dollar index crossed 98 levels due to the risk-off sentiment prevailing...

Mumbai, March 4 The rupee plunged by 69 paise to a historic low of 92.18 against the US dollar on Wednesday, as a sharp rise in crude oil prices amid geopolitical tensions following the escalation of the US-Iran conflict weighed on investor sentiment.Forex traders said that the domestic...

New Delhi, March 3 Fitch Group company BMI said on Tuesday that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and the US on GDP.A 10 per cent rise in crude prices could reduce India's GDP by -0.3 to -0.6...

New Delhi, March 2 Military conflict in the Middle East region is expected to impact the export of electronics from India, as well as increase production costs in the country, electronic industry associations said on Monday.The India Cellular and Electronics Association (ICEA), whose members...

Mumbai, March 2 The rupee saw a steep loss of 41 paise to settle at 91.49 against the US dollar on Monday after intensified US and Israeli attacks on Iran worldwide increased risk aversion, driving up crude oil prices and increasing demand for the American currency.Massive selling in domestic...

Mumbai, March 2 India's current account deficit (CAD) rose to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter from USD 11.3 billion in the year-ago period, mainly due to a higher trade deficit caused by a decline in exports to the US, according to RBI data released on Monday...

New Delhi, March 2 Equity investors lost a combined Rs 6.59 lakh crore on Monday as markets experienced a significant downturn amid rising tensions in the Middle East, which weighed heavily on investor sentiment.The 30-share BSE Sensex fell by 2,743.46 points or 3.37%, closing at 78,543.73. It...

Mumbai, March 2 The benchmark indices Sensex and Nifty plunged by over 1 per cent on Monday as investor sentiment was significantly affected by a sharp increase in crude oil prices amid escalating tensions in West Asia.Weak trends in global markets and heavy outflows of foreign funds also...

Mumbai, March 2 The rupee saw a steep loss of 42 paise to settle at 91.50 (provisional) against the US dollar on Monday after intensified US and Israeli attacks on Iran worldwide increased risk aversion, driving up crude oil prices and increasing demand for the American currency.Massive...

Mumbai, March 2 The benchmark stock market indices, Sensex and Nifty, plunged by over 1 per cent on Monday as investor sentiment was severely affected following a sharp rise in crude oil prices amid escalating tensions in the Middle East.Weak trends in global markets and heavy outflows of...

Mumbai, March 2 The benchmark indices in the Indian stock market, Sensex and Nifty, continued to trade with significant losses during the afternoon session on Monday, tracking a sharp increase in crude oil prices amid escalating tensions in the Middle East.The 30-share BSE Sensex fell by...

New Delhi, March 2 Crude oil prices rose by Rs 504 on Monday, hitting a record high of Rs 6,596 per barrel in futures trading, amid escalating tensions in the Middle East.On the Multi Commodity Exchange, crude oil for April delivery rose by Rs 504, or 8.27%, to Rs 6,596 per barrel in 10,530...

Mumbai, March 2 Benchmark equity indices Sensex and Nifty plunged in early trading on Monday, tracking a sharp increase in crude oil prices amid escalating tensions in the Middle East.The 30-share BSE Sensex fell by 2,743.46 points or 3.37 percent to 78,543.73 in the early trading session. The...

Mumbai, March 2 The rupee depreciated by 21 paise to 91.29 against the US dollar on Monday, amid higher crude oil prices, a strong US dollar, and intense global volatility due to escalating tensions in the Middle East.Negative sentiment in the equity market and the massive withdrawal of...