Search For "oil price"
RBI to announce policy rates today
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 05 (ANI): Ahead of the Reserve Bank of India (RBI) policy today, there is little hope of a cut in the key policy rates from the apex bank in its first bi-monthly monetary policy for the new fiscal 2018-19, owing to hardening global crude oil prices.
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GDP growth projections based on estimated oil prices: CEA Subramanian
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): Chief Economic Adviser Arvind Subramanian on Tuesday argued that the estimated GDP growth for the next fiscal in the Economic Survey 2017-18 is based on the pre-assumed crude oil prices.
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CEA Subramanian sounds caution on 'alarming' oil prices
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 29 (ANI): Chief Economic Adviser Arvind Subramanian on Monday stressed on the importance of implementing rising oil prices, which are expected to have a detrimental impact on India's inflation, Gross Domestic Product (GDP) and consumption levels.
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Global, domestic headwinds may impact stocks in 2018
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 14 (ANI): Global headwinds like tightening of monetary stance by major central banks and increasing crude oil prices, coupled with domestic concerns like firming, inflation could halt the underlying Bull Run in stocks in 2018 and bring in lot more volatility going f
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Retail inflation in November sees uptick to 4.88 percent
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 12 (ANI): India's retail inflation on Tuesday grew at 4.88 percent in November, citing an increase in foods and oil prices.
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Surge in crude oil prices could hit demand, margins of downstream players
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 9 (ANI): Crude oil prices (Brent) have increased by 34 percent to USD 64.3/bbl in early Nov 2017 from USD 48.0/bbl in Nov 2016 - end when the Organization of the Petroleum Exporting Countries (OPEC) had decided to cut back on crude oil production, according to a report
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SBI's economic report on oil price hike, impact on CAD released
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 8 (ANI): The Economic Research Department of State Bank of India (SBI) has released a report on oil price hike and how unlikely it is to impact the Current account deficit (CAD) and how inflation could stretch fiscal.
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Pradhan tells OPEC: India expects 'reasonable' crude oil price
Updated : 8 years, 5 months ago IST
New Delhi [India] Oct 8 (ANI): Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Sunday told Secretary General of OPEC (Organisation of the Petroleum Exporting Countries) Sanusi Mohammad Barkindo that India expects reasonable crude oil price from OPEC member countries.
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Angola's first new president in 38 years vows to rebuild economy
Updated : 8 years, 5 months ago IST
Luanda [Angola], September 27 (ANI): Angola's first new president in almost four decades, Joao Lourenco, has vowed to rebuild an economy devastated by falling oil prices.
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Spike in petrol, diesel price is due to Hurricane Irma, Harvey in US: Prad
Updated : 8 years, 6 months ago IST
New Delhi [India], September 13 (ANI): Explaining high fuel prices, Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Wednesday said oil prices in the international market have increased in the last three months due to Hurricanes Irma and Harvey, and assured that it will cool do
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Fuel price hike: Congress asks Centre to stop filling its coffers, bring '
Updated : 8 years, 6 months ago IST
New Delhi [India], September 13 (ANI): The Congress on Wednesday slammed the Prime Minister Narendra Modi-led government in the wake of hike in fuel prices and urged the Centre to pass on the benefit of 50 per cent reduction in international prices of crude oil to the common person.
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FICCI President highlights an increase in inflation
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 14 (ANI): Commenting on the Wholesale Price Index (WPI)-based inflation numbers that was released on Tuesday, Pankaj Patel, President, Federation of Indian Chambers of Commerce and Industry (FICCI) revealed that there has been an increase in inflation, primarily due t
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