Tag: brent crude prices
RBI MPC meeting: RBI MPC begins 3-day meeting today amid expectations of first rate hike since 2023
New Delhi: The Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) begins its 3-day meeting on Monday amid growing expectations of the first interest…
RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll
The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to increase the key interest rate by 25 basis points to 5.50% in the…
RBI could keep rates higher for longer amid global and local risks
Mumbai: Overseas developments could play a greater role in the Reserve Bank of India’s monetary policy decisions as financial risks become more cross-border and interconnected,…
Tonight’s US Fed rate decision will cast a long shadow over India
The US Federal Reserve is widely expected to raise its policy rate by 25 basis points tonight, taking the target range to 3.75%-4%, after inflation…
Rupee weakens to 95.44 against dollar amid rising import bill and crude oil prices
Kolkata: The rupee weakened by another 0.35% to 95.44 a dollar amid concerns over rising import bill as the Brent crude crossed the $102 a…
SBI Report: No direct impact of oil price hike on India’s fiscal situation
New Delhi: The retail fuel price hike of Rs 3 per litre has been implemented to reduce the losses incurred by oil marketing companies (OMCs)…
HSBC downgrades India to ‘underweight’ as oil clouds outlook
HSBC downgraded Indian equities to “underweight” from “neutral” – its second cut in less than a month – as it expects surging energy prices triggered…
Global growth to slow to 3.2% in 2026, amid largest energy shock on record due to West Asia crisis: S&P Global
New Delhi: Global economic growth is expected to slow to 3.2 per cent in calendar year 2026 from 3.4 per cent in the previous year,…
India urges Iran to speed up oil cargo shipments amid ceasefire window
New Delhi: India is pressing Tehran to expedite movement of India-bound oil and gas cargoes so they can be quickly turned around and redeployed to…
S&P Global Ratings raises India’s FY27 growth forecast to 7.1%
S&P Global Ratings on Wednesday raised India’s FY27 growth forecast to 7.1%, driven by strong private consumption, modest recovery in private investment and robust export…