Crude Oil
- Business
Govt hikes windfall profit tax on export of diesel; cuts tax on domestic crude oil
New Delhi: The government on Thursday hiked the windfall profit tax on the export of diesel to Rs 7 per litre and brought back a tax on jet fuel exports, but slashed…
- Business
Global recession fear drags down crude oil prices
Crude oil prices once again took a dip today amid concerns about a potential global recession. Today, the Brent crude oil price reached $91.51 per barrel which is over six percent less…
- Stock Market
Sensex rises 379 pts, Nifty closes above 17,800 on easing inflation concerns
Mumbai: Benchmark BSE Sensex rose by over 379 points while Nifty closed above the 17,800 level following gains in oil & gas, banking and auto shares on easing inflation concerns. The 30-share…
- Business
Exports up 2.14pc to USD 36.27 bn in July; trade deficit at record USD 30 bn
New Delhi: India’s exports rose by 2.14 per cent to USD 36.27 billion in July while the trade deficit almost tripled to USD 30 billion during the month due to over 70…
- Business
Rupee falls 9 paise to 79.71 against US dollar in early trade
Mumbai: The rupee depreciated 9 paise to 79.71 against the US dollar in opening trade on Friday, tracking the strength of the American currency in the overseas market and rising crude oil…
- Business
Rupee falls 22 paise to 79.46 against US dollar in early trade
Mumbai: The rupee depreciated 22 paise to 79.46 against the US dollar in early trade on Monday, tracking subdued sentiment in the domestic equities. However, persistent foreign fund inflows into the capital…
- Middle East
Saudi Arabia: Oil raises budget surplus by 21 billion dollars in 3 months
Riyadh: The Kingdom of Saudi Arabia (KSA) recorded a budget surplus during the second quarter of 2022, amounting to 77.909 billion riyals ($20,734 billion) due to the rise in crude oil prices.…
- Business
Rupee gains 46 paise to 78.94 against US dollar ahead of RBI policy outcome
Mumbai: The rupee appreciated 46 paise to 78.94 against the US dollar in early trade on Friday ahead of the Reserve Bank of India’s policy meeting outcome. At the interbank foreign exchange,…
- Business
Factors leading to rise in inflation in India
Mumbai: India has been witnessing a sharp rise in the inflation rate since September last year due to spike in crude oil prices in the international market and increase in commodity prices…
- Stock Market
Markets rally for 6th day: Investor wealth jumps over Rs 13.53 lakh cr
New Delhi: Investors have became richer by over Rs 13.53 lakh crore in six days, with equity benchmarks on a winning run amid foreign fund inflows and supportive global cues. The 30-share…
- Business
Rupee rises 12 paise to 78.94 against US dollar in early trade
Mumbai: The rupee appreciated 12 paise to 78.94 against the US dollar in opening trade on Tuesday, supported by foreign fund inflows and a weak greenback against key rivals overseas. Besides, softening…
- Business
Rupee rises 13 paise to 79.11 against US dollar in early trade
Mumbai: The rupee strengthened by 13 paise to 79.11 against the US dollar in opening trade on Monday. Forex traders said the rupee opened stronger as the dollar continued to fall on…
- Stock Market
Sensex, Nifty open on positive note on firm global trends, foreign funds inflows
Mumbai: BSE benchmark indices Sensex, Nifty opened on a positive note on Monday tracking firm global trends and fresh foreign fund inflows. The 30-share BSE benchmark climbed 274.02 points to 57,844.27 and…
- Business
Rupee falls 10 paise to 79.88 against US dollar in early trade
Mumbai: The rupee depreciated 10 paise to 79.88 against the US dollar in opening trade on Wednesday tracking the strength of the greenback in the overseas market and firm crude oil prices.…