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UBS flags margin risks for Indian OMCs as crude volatility intensifies ami
Updated : 1 week ago IST
A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil market volatility intensifies due to geopolitical tensions in West Asia.
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Rupee hits all-time low of 92.52 against US dollar amid surge in crude oil
Updated : 1 week ago IST
The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices and rising demand for the greenback.
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Budget Session: Congress MP KC Venugopal seeks discussion on "energy secur
Updated : 1 week ago IST
The Congress MP emphasised that the escalating tensions in West Asia pose immediate challenges to India's energy supply chains, autonomy and citizen safety.
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"At critical juncture": Iran's Foreign Ministry pledges absolute allegianc
Updated : 1 week ago IST
Iran's Foreign Ministry and its diplomats have declared allegiance to Ayatollah Mojtaba Khamenei as the new Leader of the Islamic Revolution. Describing the transition as a "critical juncture," the ministry emphasised that the move ensures national unity and sovereignty amid ongoing "mili
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Maharashtra Minister Pankaj Rajesh Bhoyar supports Speaker Om Birla amid n
Updated : 1 week ago IST
In a significant turn of events within the political landscape, Maharashtra Minister Pankaj Rajesh Bhoyar commented on a motion seeking the removal of Lok Sabha Speaker Om Birla. Bhoyar stated that "The Prime Minister has said that Om Birla is a very good Speaker," highlighting the confid
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Markets bleed as crude spikes, Nifty drops 582 pts, Sensex falls 1862 pts
Updated : 1 week ago IST
The share markets in the country opened with a bloodbath on Monday as both benchmark indices declined sharply in the opening session amid a huge surge in crude oil prices and heavy selling across global markets.
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"Should have joined earlier": Tej Pratap Yadav welcomes Nishant Kumar afte
Updated : 1 week ago IST
The development comes amid a major political transition in Bihar, with Nitish Kumar having filed his nomination for the Rajya Sabha earlier this week, signalling the end of his long tenure as the state's Chief Minister.
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Asian markets fall after crude surge, Japan's Nikkei and South Korea's KOS
Updated : 1 week ago IST
Asian markets tanked in the opening session on Monday, with Japan's Nikkei and South Korea's KOSPI falling around 7 per cent, after crude oil prices surged sharply amid escalating geopolitical tensions in West Asia.
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Brent crude surges over 25% to USD 116.5 per barrel amid West Asia conflic
Updated : 1 week ago IST
Brent crude prices surged sharply on Monday, rising by more than 25 per cent to USD 116.5 per barrel, amid the ongoing conflict in West Asia which has made crude prices bullish.
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"We'll see what happens": Trump reacts to Mojtaba Khamenei's appointment a
Updated : 1 week ago IST
US President Donald Trump adopted a "we'll see what happens" stance following Mojtaba Khamenei's appointment as Iran's Supreme Leader. Despite prior warnings that any successor requires US approval to "last long," Tehran finalised the transition, while Israel issued threats of "elimination"
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No one will be spared in Uttam Nagar murder case: Delhi Minister Pankaj Si
Updated : 1 week ago IST
The remarks come amid an ongoing investigation by the Delhi Police into the murder of a youth in Uttam Nagar, where a man was allegedly beaten to death during a dispute that erupted on the day of Holi earlier this month.
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"Very small price to pay": Trump says short-term oil spike acceptable amid
Updated : 1 week ago IST
Amid surging global oil prices triggered by escalating conflict in West Asia, United States President Donald Trump said the "short-term" spike is worth the cost if it eliminates Tehran's nuclear threat.
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