Tag: crude oil prices
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…
Textile exporters urge govt to waive cotton import duty
Pune: Textile and garment exporters have urged the government to remove the 11% import duty on cotton, as a recent surge in domestic prices has…
Crude sustaining above $100 will push inflation beyond 6%, trigger rate hikes: HSBC
Mumbai, Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI’s tolerance band,…
Manmade fibre exporters flag concerns arising from West Asia conflict
The continuing conflict in West Asia, which has led to a rise in crude oil prices, is directly impacting the cost of key raw materials…