Search For "crude"
Indian stock indices steady after four consecutive session gains
Updated : 3 years, 7 months ago IST
New Delhi [India], July 21 (ANI): Snapping fourth straight session gains, Indian stock indices were largely steady in early trade on Thursday. The latest decline in crude oil prices coupled with signs of domestic inflation plateauing has somewhat lent support to the domestic indices in the p
Read More
Share prices of oil companies up after windfall tax cut
Updated : 3 years, 7 months ago IST
New Delhi [India], July 20 (ANI): Soon after the government announced the reduction in windfall tax on crude oil, the share prices of major oil companies have gone up.
Read More
India cuts windfall tax on crude oil
Updated : 3 years, 7 months ago IST
New Delhi [India], July 20 (ANI): The central government on Wednesday cut the windfall tax on crude oil to Rs 17,000 per tonne from earlier Rs 23,250 per tonne. This move comes amid the latest decline in global crude oil prices.
Read More
Declining crude prices, spread of monsoon good signs for easing of inflati
Updated : 3 years, 8 months ago IST
New Delhi [India], July 19 (ANI): The latest decline in global crude oil prices and a firm spread of monsoon in the country are good signs for easing of inflation and may help in cooling domestic food prices, said the president of the Confederation of Indian Industry Sanjiv Bajaj.
Read More
Rupee slips below 80 against US dollar for the first time ever
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 19 (ANI): The Indian rupee slipped below the psychologically important level of 80 against the US dollar for the first time ever as high crude oil prices amid tighter global supplies boosted demands for the American currency.
Read More
Rupee has depreciated by around 25 per cent since December 2014: Sitharama
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The value of the Indian rupee has depreciated by around 25 per cent against the US dollar since December 2014 and the recent fall is due to global factors like soaring crude oil prices and the Russia-Ukraine conflict, Union Finance Minister Nirmala Sitharama
Read More
Russia-Ukraine conflict, crude oil price major factors behind rupee deprec
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The recent depreciation in the value of the Indian rupee against the US dollar is due to global factors like the Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions, the government said in the Lok Sabha on Monday.
Read More
2 dead, 1 injured in crude bomb explosion in West Bengal's Malda
Updated : 3 years, 8 months ago IST
Malda (West Bengal) [India], July 17 (ANI): As many as two people were killed and one was severely injured in a crude bomb explosion in the Manikchak area of the Malda district in West Bengal on Saturday.
Read More
Pakistan: Sharif govt reduces petrol, diesel prices as global oil rates sl
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 15 (ANI): Pakistan Prime Minister, Shehbaz Sharif on Thursday announced a reduction in the prices of petrol and diesel by Rs 18.50 and Rs 40.54 per litre as crude oil rates in the international market fell sharply.
Read More
Indian indices rise in early trade, most Nifty 50 stocks in green
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): Indian stocks indices on Thursday opened with minor gains primarily due to value buying after recent losses. A decline in global crude oil prices also supported the indices.
Read More
Crude oil prices at 3-month low amid recession fears
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): Global crude oil prices have fallen further to touch the three-month low due to a weak demand outlook over growing concerns of a recession.
Read More
COVID management, economic growth to support crude demand in 2023: OPEC
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): Better-than-expected containment of COVID-19 and expected firm economic growth are projected to support global demand for crude oil in 2023, the Organization of the Petroleum Exporting Countries (OPEC) said in its latest oil market report.
Read More