Tag: crude oil prices
Sensex, Nifty open lower, on course for biggest monthly loss in six years| Business News
India’s stock market opened lower today to be on course for the biggest monthly loss in six years as an expanding Iran war sapped risk…
RBI tightens norms on net open positions to curb rupee’s slide
Kolkata\Mumbai: The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million at the end of each business day,…
India eliminates key excise duty on petrol, diesel prices despite crude oil shocks| Business News
The central government has eliminated key excise duty on petrol and diesel prices in India, in what can be seen as an attempt to shield…
Gulf conflict puts FY27 growth at risk
India’s economic outlook is under increasing pressure from the West Asia conflict, with economists warning of a 50-60 basis point hit to FY27 growth. Elevated…
Sensex, Nifty 50 surge as oil recedes below $100 on Iran war ceasefire hopes| Business News
India’s stock market surged for a second consecutive session today, joining a broader Asian relief rally as signs of a Iran war ceasefire sent crude…
IndiGo warns of demand hit as Iran war drives up flight ticket prices| Business News
IndiGo has warned that the Iran war, and the consequent surge in crude oil prices, is set to weigh on travel demand during the summer…
Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News
Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…
India’s wholesale inflation rises to 11-month high of 2.13% in February
New Delhi: India’s gauge for wholesale prices climbed to an 11-month high of 2.13% year-on-year in February, led by higher costs of primary goods including…
IndiGo adds ‘fuel charge’ on flight ticket prices as oil spikes amid Iran war| Business News
IndiGo will begin levying a fuel charge on all domestic and international flight tickets starting March 14, 2026, citing a “sharp surge” in global aviation…
India’s inflation rate rises to 3.21% in February before Iran war impact shows| Business News
India’s inflation rate rose in February even before the full impact of the Iran war shows on the world’s fourth largest economy. However, it’s still…