Search For "crude"
"Huge fall...": Manish Tewari moves adjournment motion in LS, demands deba
Updated : 3 months, 1 week ago IST
Congress MP Manish Tewari on Friday moved an adjournment motion in the Lok Sabha, demanding that the poor performance of the rupee be discussed in the Lower House after the Indian currency continued to decline to a new low of 90.43 against the dollar.
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Rupee reaches all-time low against US dollar, experts point to sectors tha
Updated : 3 months, 1 week ago IST
The Indian rupee plunged to an all-time low against the US dollar on Wednesday, crossing the psychologically significant 90 mark amid foreign fund outflows. The development came amid firm crude oil prices and perceived uncertainty around the India-US trade deal.
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Indian equity inflows from Russia tripled in FY25, highest in four years:
Updated : 3 months, 1 week ago IST
Russian FDI equity inflows into India surged more than threefold in FY2025 to USD 18.45 million, up from USD 5.16 million in FY2024, marking the highest level in four years and a renewal in economic engagement between the two countries.
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US Treasury tightens sanctions on Iran's shadow oil network, Indian firm a
Updated : 3 months, 3 weeks ago IST
The US Department of State and Department of Treasury announced new sanctions targeting Iran's shadow oil network, naming companies and individuals across several countries, including India.
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Oil PSUs LPG losses stands at Rs 53,700 cr, likely to get Govt subsidy of
Updated : 3 months, 3 weeks ago IST
Oil Marketing Companies (OMCs) continue to face heavy financial pressure from LPG under-recoveries, even as the government prepares to release subsidies over the coming months, highlighted a report by Nuvama Research.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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India's growth cycle bottoming out, with indicators like interest rate and
Updated : 4 months ago IST
The domestic growth cycle may be bottoming out, with low interest rates and liquidity cycles, a decline in crude oil prices, and a normal monsoon--all supportive of stronger growth prospects for the Indian economy in the coming months, according to a report by HSBC Mutual Fund.
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Crude oil prices surge as US shutdown ends, experts bearish on oil outlook
Updated : 4 months ago IST
US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight Senate Democrats, would fund the government through January 30 and include a vote on extending Affordable Care Act subsidies in December.
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PM Modi attends India Maritime Week 2025 in Mumbai
Updated : 4 months, 2 weeks ago IST
India Maritime Week 2025 has brought together participants from over 100 countries, 500 exhibitors, and more than one lakh delegates to forge partnerships that will shape the future of global maritime trade.
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India to build own fleet of oil tankers, aims to cut USD 8 Billion charter
Updated : 4 months, 2 weeks ago IST
India is planning a major shift in its energy shipping strategy by building its own fleet of oil tankers to reduce the massive freight costs currently paid to foreign vessel operators, Union Petroleum and Natural Gas Minister Hardeep Singh Puri announced on Wednesday.
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Assessing implications of EU, UK, US move on oil imports from Russia, wil
Updated : 4 months, 2 weeks ago IST
Reliance Industries said on Friday that it is assessing the implications, including the new compliance requirements, of the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and export of refined products to Europe a
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International crude oil defies US sanctions, prices cool off after 5% surg
Updated : 4 months, 3 weeks ago IST
International crude oil prices traded largely range bound Friday, oscillating between marginal gains and losses, with analysts attributing them to mild profit booking.
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