Tag: brent crude oil prices

Investors are now anticipating further tightening from central banks, with Federal Reserve officials flagging the possibility of more hikes if inflation does not ease. (Representative Image/Unsplash)
Posted in Business

Dollar at 2-month high as markets weigh rate hikes, Iran diplomacy

The dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil…

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Posted in Economy

India’s growth seen above 7% in FY27 as investment, exports take centre stage: Report

New Delhi: India’s economic growth is likely to remain above 7 per cent in FY27, with the investment and export cycles expected to increasingly offset…

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Prolonged War may Hurt Govt’s ₹75,000 crore Dividend Target
Posted in Economy

Prolonged war may hit Rs 75,000 crore dividend target

New Delhi: A prolonged West Asia war could keep global commodity prices elevated and hurt the profitability of state-run firms, potentially weighing on the government’s…

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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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