Crude Oil
- India
Domestic production of oil, gas ramped up amid West Asia crisis: RBI Guv
Mumbai: The current crisis in West Asia significantly impacts India, as the region accounts for approximately one-sixth of the country’s exports, half of its crude oil imports, and nearly two-fifths of the…
- Stock Market
Sensex, Nifty plunge 1 pc as US-Iran talks collapse, fuelling West Asia conflict fears
Mumbai: Benchmark stock indices Sensex and Nifty closed nearly 1 per cent lower on Monday, April 13, as the failure of US-Iran negotiations heightened concerns of a prolonged conflict driving crude oil…
- Business
US-Iran ceasefire, oil slump lift stock markets, Sensex up 4 pc
Mumbai: Equity benchmark indices Sensex and Nifty were trading sharply higher on Wednesday, Aril 8, afternoon trade in-tandem with an impressive rally in global markets and a drop in crude oil prices…
- World
OPEC+ nations to ramp up oil output in May amid global energy crisis
New Delhi: In their collective commitment to support oil market stability amid the West Asia crisis, the eight OPEC+ countries — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman…
- India
RBI policy, US-Iran tensions likely to drive stock market next week
Mumbai: Indian stock markets ended their sixth consecutive week lower, with benchmark indices slipping nearly 0.5 per cent amid heightened volatility triggered by a mix of global uncertainties and domestic concerns. Investors…
- India
West Asia crisis may push up realty construction costs by 5 pc in near term
Kolkata: The escalating West Asia conflict is beginning to exert cost pressure on India’s real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike…
- Middle East
Iran-backed Houthis enter month-old war, could further threaten global shipping
Dubai: Iranian-backed Houthi rebels entered the month-old war in the Middle East on Saturday, claiming two missile launches at Israel. About 2,500 US Marines arrived in the region. And Pakistan’s government said…
- India
No proposal of imposing lockdown in India: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Friday, March 27, said there is no proposal to impose a lockdown in India in the wake of the West Asia war, and asked politicians…
- Business
India and Russia in talks to resume LNG sales amid West Asia crisis
In January, New Delhi made what many saw as a quiet but significant diplomatic concession, sharply cutting purchases of Russian crude oil as part of broader negotiations to soften punishing US tariffs…
- India
Fuel tax cut explained: Who benefits and what it means for you
New Delhi: Amid rising crude prices and mounting pressure on oil retailers, the Centre’s Rs 10 per litre excise duty cut on petrol and diesel signals both near-term relief for consumers and…
- India
Govt slashes petrol excise, scraps diesel duty to offset global crude surge
New Delhi: The government has slashed excise duty on petrol to Rs 3 a litre and exempted diesel from the duty as it seeks to shield consumers from the impact of rising…
- India
‘Gas promise remains gas’: Congress jibes at PM Modi
New Delhi: The Congress on Friday attacked Prime Minister Narendra Modi over India’s increasing dependence on crude oil, LPG and natural gas imports. “The gas grandly promised by Mr Modi has remained…
- World
Southeast Asia revisits nuclear power plans for AI data centres
Bangkok: Nuclear power is getting a second look in Southeast Asia as countries prepare to meet surging energy demand as they vie for artificial intelligence-focused data centres. Several Southeast Asian nations are…
- India
India’s emergency oil stockpile covers less than 10 days of demand: Report
India’s strategic crude oil reserve can cover just 9.5 days of demand at full capacity, with current stock levels showing the buffer is substantially lower in reality, according to a reply to…
- India
Swiggy hikes platform fee by 17 per cent
New Delhi: After Zomato, food delivery platform Swiggy has raised platform fee, increasing it by 17 per cent to Rs 17.58 per order from Rs 14.99 earlier. The revised charges, as per…
