energy prices

Tel Aviv, April 11: Pakistan's push for de-escalation during the West Asia conflict is not just "abstract peace-making," but is rooted in the country's economic vulnerability to energy shocks. The rapid increase in fuel prices demonstrates how quickly external conflict can translate into...

April 10, New Delhi: The Asian Development Bank projected on Friday that India's GDP growth would remain "robust" at 6.9% in the current fiscal year, and rise to 7.3% in the next fiscal year, driven by strong domestic demand and supported by easing financing conditions and lower US tariffs on...

April 10, New Delhi: The World Bank has raised India's growth forecast from 6.3% to 6.6% for the current fiscal year, citing strong domestic demand and free trade agreements. In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia.The report also...

New Delhi, April 10 State-owned CIL on Friday said it has absorbed the impact of rising operational costs, including higher prices of explosives and industrial diesel, as any pass-through would trigger a cascading effect, and emphasized that the company is committed to supplying the dry fuel at...

New Delhi, April 10 The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal year, and rise to 7.3 per cent in the next fiscal year, driven by strong domestic demand, and supported by easing financing conditions and lower US...

Manila, April 10 – The ongoing conflict in the Middle East has heightened global geopolitical risks and intensified downside risks for economic growth in developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.The Asian Development...

New Delhi, April 10 The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal, and rise to 7.3 per cent in the next fiscal, driven by strong domestic demand, and supported by easing financing conditions and lower US tariffs...

April 09, New Delhi – The World Bank has revised India's growth forecast from 6.3 percent to 6.6 percent for the current fiscal year, citing strong domestic demand and free trade agreements.In its latest report, the World Bank expects India to remain the primary engine of growth in South Asia...

The Reserve Bank of India has maintained interest rates at 5.25 percent. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra stated that the Monetary Policy Committee has unanimously decided to keep the repo rate at 5.25 percent with a neutral...

Mumbai, April 8 The Reserve Bank projected retail inflation for the current fiscal year at 4.6 per cent, well within the government-mandated inflation target range of 4 per cent with a tolerance band of +/- 2 per cent.Before the outbreak of the West Asia conflict, India's macroeconomic...

Mumbai, Apr 1 US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.Crisil Ratings, which...

New Delhi, Apr 1 Aviation stocks saw strong demand on Wednesday morning, with InterGlobe Aviation rising by over 9 per cent, despite a hike in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, further jumped 9.41 per cent to Rs 4,315 on the BSE.The stock of SpiceJet surged...

New Delhi, April 1 The price of Aviation Turbine Fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent.Domestic airlines will pay...

New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record high of Rs 2.07 lakh per kilolitre on Wednesday, driven by the surge in global oil prices linked to the escalating conflict in West Asia.This is the first time ATF prices have exceeded the...

Washington, March 31 – US President Donald Trump "would be quite interested" in asking Arab countries to help pay for the costs related to the ongoing US-Israeli war against Iran, White House Press Secretary Karoline Leavitt said."I won't preempt him (Trump) on that," Leavitt said at a White...

New Delhi, March 30 ICRA said on Monday that it estimates India's GDP growth to moderate to 6.5 per cent in 2026-27, from 7.6 per cent in the current fiscal year, due to the adverse impact of high energy prices and concerns about energy availability amid the West Asia conflict.The growth...

March 27, New Delhi: India's Minister of Parliamentary Affairs and Minority Affairs, Kiren Rijiju, has praised Prime Minister Narendra Modi for a decision aimed at reducing the financial burden on citizens. Emphasizing the government's focus on public welfare, Rijiju stated that the move...

March 27, New Delhi - The Indian government reduced the additional excise duty on both petrol and diesel in response to growing concerns about a nationwide rise in fuel prices due to the ongoing crisis in the Middle East.According to a government order, the additional excise duty on petrol was...

New Delhi, March 26 A surge in global crude oil and natural gas prices amid the West Asia conflict is likely to complicate India's fiscal position in FY2027, potentially increasing subsidy burdens and putting pressure on revenues, ratings agency ICRA said.Crude prices have more than doubled...

New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by ₹5 per litre and diesel by ₹3 a litre, passing on a portion of the recent surge in global oil prices following the war in the Middle East, sources said.Indian fuel marketing companies...