Tag: crude oil prices

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Posted in Economy

RBI’s dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya Banerjee

Mumbai: The Reserve Bank of India’s (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government’s balance sheet at…

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Posted in Economy

RBI MPC: Bank economists back a rate hike in H2 of FY27

Mumbai: Bank economists have conveyed to the Reserve Bank of India (RBI) that interest rate hikes would be necessary in the second half of the…

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Posted in Economy

RBI rate hikes to start in June, says Standard Chartered

MUMBAI: India’s central bank is likely to start raising interest rates as early as June on increasing inflation risks from higher crude prices, economists at…

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Posted in Economy

ICRA sees Q4 growth slowing to three-qtr low of 7%

New Delhi: India’s economic growth likely slowed to a three-quarter low of 7% year-on-year in Q4FY26 from 7.8% in the previous quarter, as slower expansion…

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India’s rising oil imports push trade deficit into risky territory: Crisil

New Delhi: India’s oil trade deficit is set to widen sharply in FY27 as rising crude prices, weakening petroleum exports and the country’s heavy dependence…

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FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist

New Delhi: Free Trade Agreements (FTAs), reduction in import tariffs and improvement in business environment would encourage higher net foreign capital inflows into India, which…

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A pump jack operates near a crude oil reserve. (Reuters)
Posted in Business

India’s crude imports fall 17% amid supply shock

In March, the first full month after the US and Israel launched an attack on Iran, India’s crude oil imports declined 17.1% over March 2025,…

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Posted in Economy

India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shock

India’s wholesale inflation unexpectedly accelerated to 8.3% in April, its fastest pace in three-and-a-half years, as surging energy costs triggered by the Middle East conflict…

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The BSE Sensex opened at 74,989.84, gaining 380.86 points or 0.51 per cent in early trade. (PTI)
Posted in Business

Sensex, Nifty open in green for 2nd straight day, extend recovery after PM’s austerity call hit

Indian benchmark indices opened higher on Thursday, extending a mild rebound from the previous session amid cautious optimism in global markets despite persistent concerns over…

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Posted in Economy

Inflation in driver’s seat likely to stall discretionary spend

KOLKATA/MUMBAI: From mobile phones and clothes to dining out and air-conditioners, India’s recent discretionary spending recovery is coming under pressure with the Gulf war having…

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