Tag: crude oil prices

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Posted in Economy

SBI economists halve December RBI rate hike forecast to 25 bps on easing rupee pressure, foreign inflows

Mumbai: State Bank of India‘s Economic Research Department on Thursday revised the estimate for RBI’s December rate hike to 0.25 per cent, down from the…

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Posted in Economy

Easing global headwinds, lower crude oil prices may further lift rupee in coming months: Economists

The Indian rupee may appreciate further against the US dollar over the next couple of months, supported by easing global headwinds, declining crude oil prices,…

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Posted in Economy

India in a ‘sweet spot’ amid oil volatility and currency dynamics: Kotak Neo’s Anindya Banerjee

Mumbai: India remains in a favourable economic position amid easing crude oil prices, strong foreign investment inflows and shifting global dynamics, which could support the…

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Share brokers track market movements on their computer screens. (ANI)
Posted in Business

Sensex, Nifty open higher on lower oil prices, foreign inflow optimism

Indian shares opened higher on Monday, supported by falling crude oil prices and optimism over foreign inflows, although potential profit booking after recent gains could…

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The Nifty and Sensex rose nearly 9% each during the week, marking their strongest weekly gains since February 2021 (REUTERS/File)
Posted in Business

Indian markets surge as Sensex, nifty defy global tech turmoil

Indian equities headed into Diwali with a second straight weekly gain, powered by cheaper crude amid rising hopes of an end to the Iran war…

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Posted in Economy

US midterm elections: US midterm outcome offers limited relief to India; oil, Russia sanctions remain key risks: Report

New Delhi: The outcome of the US midterm elections is likely to offer only marginal near-term relief to India, with crude oil prices, the risk…

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Posted in Economy

Rising crude prices could push India’s inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY’s Gaurav Moda

New Delhi: Rising global crude oil prices could increase India’s inflationary pressures by up to 1 percentage point through higher diesel and logistics costs, while…

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Indian stocks opened flat on Friday as the market deals with higher crude oil prices and jump in IT stocks. (REUTERS/Represetational)
Posted in Business

Sensex, Nifty open flat amid high crude oil prices, jump in IT stocks

Indian stocks opened flat but in the green on Friday as the market deals with higher crude oil prices and jump in IT stocks. Indian…

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Stock information displayed outside the Bombay Stock Exchange (BSE) building in Mumbai (Bloomberg/File)
Posted in Business

Sensex, Nifty open flat in green as investors track crude oil prices, US Fed policy decision

The Sensex and Nifty opened flat but in positive territory on Thursday, with investors tracking elevated crude oil prices, geopolitical tensions and the US Federal…

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This undated handout photograph shows a view of an oil facility in Kuwait City. (AFP/File Image)
Posted in Business

Oil prices slip as US-Iran tensions persist; Brent falls below $116

Oil edged lower as the US and Iran stuck to familiar rhetoric in their conflict, and a technical gauge pointed to overbought conditions. This undated…

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