Thursday, March 26, 2026

Crude Oil Prices

Fuel Price Shock: Nayara Energy Hikes Petrol by ₹5, Diesel by ₹3 Amid Global Oil Surge

Middle East Tensions Push Crude Oil Prices Above $100 Again

US–Israel–Iran War: Crude Oil Prices Surge to Record Highs, Global Economy Under Pressure

Govt cuts windfall tax on crude oil, ONGC, OIL India Ltd to gain

NEW DELHI: The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision.

Oil Minister rules out cut in fuel prices

NEW DELHI:Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Wednesday that there was no proposal to cut petrol and diesel prices at present as there was “high volatility” in global crude oil prices.

Oil & gas stocks shine as markets hit fresh highs

MUMBAI: The benchmark index maintained its optimism and hit fresh highs owing to ease in Red Sea issue and reversal of FII inflows, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday.

Aviation Industry sees incremental growth in Nov, faces engine woes: ICRA report

NEW DELHI: The aviation industry in India saw a modest uptick in domestic passenger traffic for November, according to a report released by the credit rating agency ICRA.

Sensex smashes past historic 70,000 mark in morning trade

MUMBAI: The Sensex smashed past the 70,000 mark for the fast time ever to scale a historic high, while the Nifty 50 zoomed to a record 21,019.80 points in morning trade on Monday.

India’s trade deficit shoots up to $31.5bn in Oct due to spike in oil prices

NEW DELHI: India's merchandise trade deficit in October stood at $31.46 billion as the country’s imports shot up to $65.03 billion during the month which offset the increase in exports, Commerce Secretary Sunil Barthwal said on Wednesday.

Nifty declined by 2.8% in October

NEW DELHI: For October 2023, Nifty declined by 2.8 per cent, impacted by Israel-Hamas conflict, rising crude oil prices and spike in US bond yields, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Luxury goods witnessing strong demand, basic demand hit due to high inflation

NEW DELHI: Domestic economy is witnessing a clear demarcation with premium and luxury goods witnessing strong demand, while basic demand being hit due to high inflation, says Amnish Aggarwal, the head of research at Prabhudas Lilladher.

Investors to focus attention on IT, banking sector quarterly results

NEW DELHI: Investors will closely monitor the release of US non-farm payroll data, which could significantly influence the interest rate outlook. Additionally, attention will focus on quarterly results from the IT and banking sectors starting next week, says Vinod Nair, Head of Research at Geojit Financial Services.

Nifty rebounds after Nomura upgrade

NEW DELHI:Domestic equities rebounded into positive territory on Wednesday after Nomura upgraded its rating on the Indian Markets to ‘Overweight’, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Indian rupee records 6.9% depreciation in current FY

NEW DELHI: The Indian rupee has witnessed a depreciation of 6.9 per cent in the current financial year till November 30, the Parliament was told on Tuesday.

Pakistani rupee becomes 'world's best performing currency'

KARACHI: Pakistan's volatile rupee (PKR) became the "worlds best performing currency" in the week that ended on October 7, as it made the largest gain of 3.9 per cent over five working days to 219.92 PKR to a dollar on expectation of significant foreign currency inflows.

Rupee slides to all-time low of 81.93 against US dollar

MUMBAI: The Indian rupee has depreciated to trade at an all-time low of 81.93 against the US dollar after the surge in dollar index, dealers said.

Rupee falls 11 paise at 79.56 against US dollar

MUMBAI: The Indian rupee ended 11 paise lower on Thursday to close at 79.56 against the US dollar.

Input cost inflation continues to push up corporate revenues but disrupts margins: ICRA

MUMBAI: Indian corporates' aggregate revenue grew 39 per cent on year in the Q1FY23 due to low base of the previous year, which had been impacted by the second wave of the pandemic, as also the price hikes witnessed across several sectors, ICRA said in a report.

Rupee depreciates 12 paise to close at 79.64 against US dollar

The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.
MUMBAI:The Indian rupee depreciated 12 paise at close on Thursday after reversing early gains due to sharp rise in crude oil prices.

Indian rupee falls 30 paise to close at 79.46 against US dollar

The rupee has depreciated 30 paise against the US dollar on Thursday as sentiments of investors dampened due to weak macroeconomic data and tensions between US-China.
MUMBAI: The rupee has depreciated 30 paise against the US dollar on Thursday as sentiments of investors dampened due to weak macroeconomic data and tensions between US-China.

Rupee to trade in 78.75-80 band for dollar: Kotak Mahindra Bank

The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80, said Kotak Mahindra Bank in a report.
CHENNAI: The Indian rupee continues to be under pressure against the US dollar and would trade in the range Rs 78.75-80, said Kotak Mahindra Bank in a report.

India's FY23 retail inflation rate projection raised to 5.7%

MUMBAI: The Reserve Bank of India (RBI) on Friday raised India's retail inflation rate projection for FY23.

Petrol, diesel prices raised again

NEW DELHI: State-owned oil marketing companies (OMC) on Saturday raised petrol and diesel prices for the fourth time this week.

Petrol, diesel prices raised again

NEW DELHI: State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week.

Global Woes: FIIs' pumped out $13.5 bn from Indian equity market since Oct 2021

MUMBAI: Higher bond yields as well as a potential US Fed rate hike sparked a global risk-off sentiment, leading to elevated FII outflows in India, said Motilal Oswal Financial Services.

Petrol, diesel prices continue to rise touching new highs across country

NEW DELHI: Petrol and diesel prices continued their upward march on Thursday also, the second successive day of rate increase, taking the prices to cross new highs across the country.

Petrol nears Rs 100 a litre in Delhi with 35-paise hike

NEW DELHI: The prices of petrol continued its upward march on Monday, the second day running, taking its price closer to century mark in Delhi and Kolkata, the only two metro cities where the fuel is still below Rs 100 a litre.

Rupee weakens further amid strong dollar, rising oil prices

MUMBAI: The Indian rupee continued to depreciate on Wednesday amid a strengthening dollar across currencies globally.

Crude surges over tightening market, Brent above $71/bbl

MUMBAI: Crude oil prices surged on Wednesday with the Brent crude trading above the $71 per barrel after OPEC projected demand improvement and tightening of the market.

Rupee drops below 75/$ amid surging Covid cases

MUMBAI:The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns.

'Upstream producers continue to bleed as domestic gas prices remain low'

NEW DELHI: Low natural gas prices have adversely impacted upstream producers' revenues, profitability and cash accruals, ratings agency ICRA said.

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