Tag: Brent crude

Revenue over relief? Govt has room to cut customers some slack over oil prices, or choose to swell its own pocket
Posted in Economy

Revenue over relief? Govt has room to cut customers some slack over oil prices, or choose to swell its own pocket

 September 25, 2024  Leave a Comment on Revenue over relief? Govt has room to cut customers some slack over oil prices, or choose to swell its own pocket

The recent sharp decline in oil prices may enable the Indian government to bolster its finances by increasing excise duty while offering partial relief to…

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Oil Secretary Pankaj Jain indicated that petrol and diesel prices could be lowered if global crude rates stay low. With Brent crude recently dropping below $70 per barrel, state-run fuel companies are considering reducing prices to align with favorable market conditions.
Posted in Business

Petrol, diesel prices to be cut soon? What Oil Secretary said on likely decision

 September 12, 2024  Leave a Comment on Petrol, diesel prices to be cut soon? What Oil Secretary said on likely decision

Sep 12, 2024 01:50 PM IST State-run fuel companies may soon cut petrol and diesel prices if global oil prices remain low, according to Oil…

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Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)
Posted in Business

Sensex, Nifty rise on rally in global markets, foreign fund inflows

 September 10, 2024  Leave a Comment on Sensex, Nifty rise on rally in global markets, foreign fund inflows

Sep 10, 2024 10:06 AM IST Key gainers included Power Grid and Bharti Airtel, while Bajaj Finserv lagged. Foreign investors bought equities worth ₹1,176.55 crore…

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