Tag: brent crude oil prices

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Posted in Economy

Forex kitty slips below $700 billion as bullion loses some sheen

Mumbai: India’s foreign exchange reserves fell by $11.4 billion to $698 billion in the week ended March 20, due to the revaluation of gold prices…

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Posted in Economy

Israel, Iran War: Goldman Sachs slashes India growth forecast, warns currency strain will force rate hike

Mumbai: Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the South…

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Posted in Economy

Oil shock, inflation pressures dampen RBI rate-cut hopes

Mumbai: The probability of a further cut in India’s policy interest rates in the current easing cycle has significantly reduced, economists told ET, citing the…

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UBS estimates a sales-to-production ratio of 1:2 for Indian Oil and BPCL, and 2:2 for HPCL. (Reuters)
Posted in Business

Indian Oil, BPCL, HPCL shares slump the most in a year as surge in crude oil prices bites| Business News

Shares of India’s state-run refiners led by Indian Oil Corp. Ltd. saw their steepest declines in more than a year as a widening Iran war…

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