Crude Oil
- India
West Asia crisis may push up realty construction costs by 5 pc in near term
Kolkata: The escalating West Asia conflict is beginning to exert cost pressure on India’s real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike…
- Middle East
Iran-backed Houthis enter month-old war, could further threaten global shipping
Dubai: Iranian-backed Houthi rebels entered the month-old war in the Middle East on Saturday, claiming two missile launches at Israel. About 2,500 US Marines arrived in the region. And Pakistan’s government said…
- India
No proposal of imposing lockdown in India: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Friday, March 27, said there is no proposal to impose a lockdown in India in the wake of the West Asia war, and asked politicians…
- Business
India and Russia in talks to resume LNG sales amid West Asia crisis
In January, New Delhi made what many saw as a quiet but significant diplomatic concession, sharply cutting purchases of Russian crude oil as part of broader negotiations to soften punishing US tariffs…
- India
Fuel tax cut explained: Who benefits and what it means for you
New Delhi: Amid rising crude prices and mounting pressure on oil retailers, the Centre’s Rs 10 per litre excise duty cut on petrol and diesel signals both near-term relief for consumers and…
- India
Govt slashes petrol excise, scraps diesel duty to offset global crude surge
New Delhi: The government has slashed excise duty on petrol to Rs 3 a litre and exempted diesel from the duty as it seeks to shield consumers from the impact of rising…
- India
‘Gas promise remains gas’: Congress jibes at PM Modi
New Delhi: The Congress on Friday attacked Prime Minister Narendra Modi over India’s increasing dependence on crude oil, LPG and natural gas imports. “The gas grandly promised by Mr Modi has remained…
- World
Southeast Asia revisits nuclear power plans for AI data centres
Bangkok: Nuclear power is getting a second look in Southeast Asia as countries prepare to meet surging energy demand as they vie for artificial intelligence-focused data centres. Several Southeast Asian nations are…
- India
India’s emergency oil stockpile covers less than 10 days of demand: Report
India’s strategic crude oil reserve can cover just 9.5 days of demand at full capacity, with current stock levels showing the buffer is substantially lower in reality, according to a reply to…
- India
Swiggy hikes platform fee by 17 per cent
New Delhi: After Zomato, food delivery platform Swiggy has raised platform fee, increasing it by 17 per cent to Rs 17.58 per order from Rs 14.99 earlier. The revised charges, as per…
- World
Oil prices rise over 4 pc amid supply concerns as Iran rejects US talks
New Delhi: Global crude oil prices jumped more than 4 per cent in early trade on Tuesday despite US President Donald Trump pausing planned strikes on Iran’s energy infrastructure. Brent crude rose…
- Business
Rupee crashes 82 paise to settle at 93.71 against US dollar
Mumbai: The rupee crashed 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund…
- India
Rupee breaches 93 against dollar, the lowest on record
Mumbai: The rupee fell 19 paise to its record intra-day low of 93.08 against the US dollar in early trade on Friday, March 20, as the greenback strengthened further and FII outflows…
- Business
Rupee crashes 49 paise to record low of 92.89 against US dollar
Mumbai: The rupee slumped 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, March 19, weighed down by a stronger greenback and sustained FII outflows.…
- Business
Rupee crashes 23 paise to close at record low of 92.63 against US dollar
Mumbai: The rupee slumped 23 paise to close at a record low of 92.63 (provisional) against the US dollar on Wednesday, March 18, weighed down by a stronger greenback and sustained FII…
