Search For "oil prices"
Russia-Ukraine conflict, soaring crude oil prices major reasons for rupee
Updated : 3 years, 7 months ago IST
New Delhi [India], July 26 (ANI): The ongoing Russia-Ukraine conflict, soaring crude oil prices, and tightening of global financial conditions are major reasons for the weakening of the Indian rupee, which slipped below 80 against the US dollar recently, the government said in Parliament on
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Taliban signs deal to import 350,000 tonnes oil from Iran
Updated : 3 years, 7 months ago IST
Kabul [Afghanistan], July 24 (ANI): At a time when the price of petrol and gasoline have increased at an unprecedented rate in Afghanistan, the Taliban has signed a deal with an Iranian firm to purchase 350,000 tonnes of oil, media reports said citing the Taliban's Ministry of Finance.
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Rupee at 80 against US dollar; here's some pros and cons of a weak currenc
Updated : 3 years, 7 months ago IST
New Delhi [India], July 21 (ANI): The Indian rupee this week slipped below the psychologically important level of 80 against the US dollar for the first time even as high crude oil prices amid tighter global supplies boosted demands for the American currency.
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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
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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.
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Declining crude prices, spread of monsoon good signs for easing of inflati
Updated : 3 years, 7 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.
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Rupee slips below 80 against US dollar for the first time ever
Updated : 3 years, 7 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.
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Rupee has depreciated by around 25 per cent since December 2014: Sitharama
Updated : 3 years, 7 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
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Russia-Ukraine conflict, crude oil price major factors behind rupee deprec
Updated : 3 years, 7 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.
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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.
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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.
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Snapping two-day losses, Indian stock indices rise marginally
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): Erasing two-day of losses, Indian stock indices gained marginally in early trade on Wednesday. The latest softening of global crude oil prices and signs of inflation slowly receding are likely to have lent support to the equity markets. Global crude oil pric
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