Tag: crude oil prices

Sensex and Nifty fell for a second day in a row (PTI)
Posted in Business

Sensex, Nifty open in the red again as worries over US-Iran war fallout continue

Indian markets opened sharply lower on Tuesday as rising crude oil prices and uncertainty around the ongoing United States-Iran war rattled investor sentiment, while concerns…

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The 30-share BSE Sensex slumped 1,312.91 points, or 1.70 per cent, to close at 76,015.28. (Representative image)
Posted in Business

Sensex falls 1,313 points today, investors lose ₹6.4 lakh crore | Top 5 reasons behind sharp fall

Stock markets extended their losing streak for a third straight session on Monday, with the benchmark Sensex plunging 1,313 points as rising crude oil prices…

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Posted in Economy

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…

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Posted in Economy

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…

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Diesel is the lifeblood of the Indian economy as trucks account for nearly 70% of the freight movement in the country. (HT)
Posted in Business

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…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

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…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

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…

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Posted in Economy

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…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

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…

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Posted in Economy

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…

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