Search For "crude"
"Exploitation of a compromised individual": Rahul Gandhi slams Centre over
Updated : 1 week, 1 day ago IST
Leader of Opposition in Lok Sabha, Rahul Gandhi, on Friday described Indian foreign policy as "exploitation of a compromised individual," after the United States allowed a waiver for India to purchase Russian oil, amid shipping routes passing through the Strait of Hormuz being hampered. Read More
Asia should prioritise exchange-rate stability, targeted support amid Horm
Updated : 1 week, 1 day ago IST
Asian economies should strengthen policy frameworks and focus on stabilisation measures as the ongoing conflict in the Middle East threatens the region's energy, trade, and financial resilience, according to Albert Park, Chief Economist of the Asian Development Bank (ADB).
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West Asia crisis could raise energy risks for India but domestic flows, gr
Updated : 1 week, 1 day ago IST
Escalating tensions in West Asia, particularly around Iran and the Strait of Hormuz, could pose near-term risks to global markets through higher energy prices, though India's underlying economic momentum remains relatively resilient, according to a report by Jefferies.
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Bears dominate opening trade, Nifty down 109 pts; Sensex slips 356 pts ami
Updated : 1 week, 1 day ago IST
The bearish dominance returned to the Indian stock markets on Friday's opening session as both benchmark indices opened in the red, with rising crude oil prices continuing to influence investor sentiment.
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Every $10 per barrel rise in crude oil prices can shave about 0.5% off Ind
Updated : 1 week, 1 day ago IST
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob
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IT, oil and gas sectors show caution amid AI disruptions, West Asia confli
Updated : 1 week, 1 day ago IST
The IT services sector is facing challenges due to Artificial Intelligence (AI), with investors expressing concerns about job losses and the transition period. However, other sectors like real estate, autos, and domestic pharma companies showed more positive outlooks, with some showing stead
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India's BoP outlook faces risks from West Asia crisis; CAD seen at 1.1-1.5
Updated : 1 week, 1 day ago IST
India's external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil prices and widen the current account deficit (CAD), according to a recent research note by Yes Bank. The report noted that India recorded
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Crude linked sectors, basmati rice will be impacted if Middle East crisis
Updated : 1 week, 1 day ago IST
Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated. India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per
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Rupee recovers to 91.58/USD from all-time low, experts flag suspected inte
Updated : 1 week, 1 day ago IST
The Indian rupee recovered on Thursday after hitting an all-time low of 92.31 against USD, though currency experts believe the domestic currency is likely to remain under pressure due to ongoing geopolitical tensions and elevated crude oil prices.
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"Current environment is very fragile; geopolitical risk re-emerged": Kotak
Updated : 1 week, 2 days ago IST
Sumit Pokharna, VP-Fundamental Research at Kotak Securities, says the situation is "very fragile" and could persist for weeks.
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Rupee to face continued depreciation pressures: Kotak Securities
Updated : 1 week, 2 days ago IST
Anindya Banerjee, Head of Commodity and Currency Research at Kotak Securities, on Wednesday stated that with crude oil prices remaining elevated, the rupee is likely to face continued depreciation pressures.
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India stock indices continue to slip amid West Asia tensions; Sensex close
Updated : 1 week, 2 days ago IST
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