Tag: crude oil prices
Impact on growth and inflation to depend on duration of West Asia conflict: MPC says
Kolkata: Reserve Bank of India’s monetary policymakers said a prolonged West Asia conflict could cast a long shadow on economic growth and inflation, although the…
Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes
The Monetary Policy Committee (MPC) minutes released by the Reserve Bank of India on Wednesday said the West Asia conflict and resulting disruptions in the…
India’s truckers brace for first diesel price hike in four years| Business News
Operators of truck fleets across India are bracing for fuel rationing and the first significant increase in diesel prices in years, a move that would…
Sensex, Nifty face tug-of-war as bank gains clash with oil spikes| Business News
India’s stock market was mixed in the first hour of trading as a wave of upbeat earnings from some of India’s largest private banks struggled…
Sensex up 500 points, Nifty 50 nears 24,400 on hopes of Iran-US peace talks| Business News
India’s stock market rose at the opening bell today, extending its rally to a second straight trading session, as hopes of an early end to…
Crude unlikely to return to pre-war levels soon; India’s import bill may rise $70bn annually: Report
New Delhi: Crude oil prices have risen sharply due to the ongoing West Asia conflict and are not expected to return to the earlier level…
Sensex, Nifty 50 set to rebound as cooling crude oil prices ease inflation fears| Business News
India’s stock market is poised for a recovery today, tracking a relief rally across Asian markets as a retreat in crude oil prices provided a…
Iran ceasefire taken into account for policy decision: RBI
Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as “pleasant news”, which was taken into account while…
Air India revises fuel-surcharge math as ATF prices double in one month| Business News
Air India Ltd. has revised its fuel surcharge math for domestic and international flights, reacting to a volatile energy market that has seen global jet…
Downward revision of global GDP imminent amid West Asia crisis; inflation is likely to go up
New Delhi: Global economic growth is likely to face downward revisions while inflationary pressures may intensify amid escalating geopolitical tensions and supply disruptions, according to…