Search For "energy prices"
"We're waiving certain oil-related sanctions": Trump moves to curb global
Updated : 4 days, 10 hours ago IST
US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
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"$50 oil surge could wipe out 2% of India's GDP," warns Axis Bank's Neelka
Updated : 5 days, 3 hours ago IST
In an interview with ANI, Mishra highlighted that India's heavy reliance on imported "dense energy" makes it a primary target for global price volatility. "Every dollar increase per barrel costs approximately $1.8 billion annually. For instance, a $50 increase in oil prices represents a $90
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Kolkata: TMC women's wing protests against LPG cylinder price hike
Updated : 6 days, 6 hours ago IST
Despite the Rs 60 increase in the domestic 14.2 kg Liquefied Petroleum Gas (LPG) cylinder, LPG prices in India remain lower than in several neighbouring countries, people familiar with the matter told ANI.
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Iran crisis: Over 1,300 killed and 100,000 displaced as humanitarian toll
Updated : 6 days, 8 hours ago IST
As the humanitarian crisis in Iran leaves 1,300 dead and 100,000 displaced, the IDF struck IRGC fuel complexes in Tehran. President Trump claimed the US has "decimated" Iran's leadership and military, while international concern grows over the conflict's impact on energy prices and region
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Qatar will start supplying LNG to India once route is open: Govt sources
Updated : 6 days, 23 hours ago IST
Amid a severe energy crisis currently unfolding in the Middle East, Government sources have revealed that Qatar has provided specific guarantees regarding LNG's supply continuity, noting, "We are assured by Qatar that they will start supplying to India on the very first minute once the route
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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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Crude linked sectors, basmati rice will be impacted if Middle East crisis
Updated : 1 week, 2 days 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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"Too early to assess economic impact on region, global economy": IMF on We
Updated : 1 week, 3 days ago IST
Amid escalating tensions in West Asia, the International Monetary Fund (IMF) on Tuesday said that it is "closely monitoring developments" and it will be too early to assess the economic impact on the region and the global economy.
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RBI projects retail inflation at 2.1% for FY26; warns of Q4 uptick
Updated : 1 month ago IST
The Reserve Bank of India (RBI) on Friday projected retail inflation for the current fiscal year (2025-26) at 2.1 per cent, even as it flagged potential "upside risks" from geopolitical tensions and volatile energy prices.
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Escalation in US-Iran tensions adds to India's inflation risk as commodity
Updated : 1 month, 4 weeks ago IST
Escalation of tensions between the United States and Iran could add to upside risks to inflation in India, as it may push global commodity prices upwards, highlighted a report by Bank of Baroda.
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Pakistan's unchecked inflation crisis highlights public despair
Updated : 3 months, 3 weeks ago IST
Pakistan's short-term inflation has risen for the 16th straight week as food and energy prices continue to climb. Supply disruptions from the Pakistan-Afghanistan border closure and rising sugar and meat costs have deepened market shortages, straining households already struggling with shrin
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RBI should deliver additional 50bps cuts over next 12 months & depart from
Updated : 3 months, 3 weeks ago IST
The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months, according to a report by Amundi, a French asset management company.
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