Tag: oil prices
India’s July crude oil imports rise over 9% month-on-month
India’s crude oil imports in July rose more than 9% from the previous month to 21.41 million metric tons, government data showed on Wednesday. On…
RBI turns upbeat as worst of Iran war shock recedes
Five months after the Iran war raised fears of an inflation spike and an economic downturn, Indian officials are sounding more confident as the worst…
After a dash for hot dollars, India dives deep for sticky money
A proposal to raise the threshold for foreign direct investment (FDI) projects requiring Cabinet Committee on Economic Affairs approval from Rs 5,000 crore to Rs…
US stock futures rise as Trump’s Iran talks lower oil prices; jobs report, earnings and markets in focus
US stock futures moved higher before Wall Street opened on Monday. Dow Jones futures jumped more than 330 points (0.6%), while S&P 500 futures gained…
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra
India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…
Goldman Sachs cuts India’s 2026 CAD forecast to 1.3% of GDP
New Delhi: Goldman Sachs has turned more optimistic on India’s external position, lowering its current account deficit (CAD) forecast for 2026 to 1.3% of gross…
India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…
Sensex today surges over 1,100 points, Nifty nears 24,000 after US-Iran peace deal
Sensex today: Indian benchmark indices opened sharply higher on Monday, tracking a rally in global markets after the United States and Iran finalised a deal…
India willing to let fiscal deficit widen to 4.8% of GDP: Report
India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, citing an official familiar with the matter, as the war…
Indian economy, government finances, see mounting costs from Iran war
A few months ago, India’s economy was humming along nicely. Inflation was benign and growth was steady – the strongest among the world’s leading economies….