Tag: crude oil prices

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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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Posted in Economy

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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Posted in Economy

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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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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