Crude Oil
- Business
Stock markets trade higher in early session
Mumbai: Equity benchmark indices Sensex and Nifty rallied in early trade on Tuesday, April 21, as reports of second round of talks between US and Iran are keeping hopes of resolution to…
- India
Domestic production of oil, gas ramped up amid West Asia crisis: RBI Guv
Mumbai: The current crisis in West Asia significantly impacts India, as the region accounts for approximately one-sixth of the country’s exports, half of its crude oil imports, and nearly two-fifths of the…
- Stock Market
Sensex, Nifty plunge 1 pc as US-Iran talks collapse, fuelling West Asia conflict fears
Mumbai: Benchmark stock indices Sensex and Nifty closed nearly 1 per cent lower on Monday, April 13, as the failure of US-Iran negotiations heightened concerns of a prolonged conflict driving crude oil…
- Business
US-Iran ceasefire, oil slump lift stock markets, Sensex up 4 pc
Mumbai: Equity benchmark indices Sensex and Nifty were trading sharply higher on Wednesday, Aril 8, afternoon trade in-tandem with an impressive rally in global markets and a drop in crude oil prices…
- World
OPEC+ nations to ramp up oil output in May amid global energy crisis
New Delhi: In their collective commitment to support oil market stability amid the West Asia crisis, the eight OPEC+ countries — Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria and Oman…
- India
RBI policy, US-Iran tensions likely to drive stock market next week
Mumbai: Indian stock markets ended their sixth consecutive week lower, with benchmark indices slipping nearly 0.5 per cent amid heightened volatility triggered by a mix of global uncertainties and domestic concerns. Investors…
- 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…
