Search For "oil prices"
ADB ups India's GDP growth forecast to minus 8 pc
Updated : 5 years, 3 months ago IST
Manila [The Philippines], December 10 (ANI): The Asian Development Bank (ADB) on Thursday raised growth forecast for India in current fiscal year to minus 8 per cent from minus 9 per cent projection in September while keeping the outlook for next fiscal year at 8 per cent.
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Country saved Rs 5,000 cr by taking advantage of low crude oil prices in A
Updated : 5 years, 5 months ago IST
New Delhi [India], September 29 (ANI): Union Minister for Petroleum and Natural Gas and Steel Dharmendra Pradhan on Tuesday said that the country saved Rs 5,000 crore by taking advantage of low crude oil prices in April and May this year to fill the existing strategic petroleum reserves.
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Energy Ministers of G20 countries to start two-day meeting on Sunday
Updated : 5 years, 5 months ago IST
Riyadh [Saudi Arabia], September 27 (ANI/Sputnik): The energy ministers of the G20 states will gather virtually on Sunday for a two-day meeting, which will be devoted to the energy market stability amid low oil and gas prices and lacklustre demand.
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Oil India posts Q1 loss at Rs 249 cr due to slump in oil prices
Updated : 5 years, 6 months ago IST
Noida (Uttar Pradesh) [India], Aug 22 (ANI): Oil India Ltd on Saturday reported a net loss of Rs 249 crore in the first quarter of current fiscal year as compared to a net profit of Rs 625 crore in Q1 FY20.
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Current account and forex reserve supporting Indian rupee: Ind-Ra
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Swelling of India's foreign exchange reserves in combination with benign oil prices and tepid imports have led to a current account surplus and helped the Indian rupee to remain broadly stable since mid-March, India Ratings and Research (Ind-Ra) s
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Russian economy faces deep recession amid global pandemic and oil crisis:
Updated : 5 years, 8 months ago IST
Moscow [Russia], July 6 (ANI): Fueled by a Covid-19 triggered deep global recession, Russia's 2020 GDP growth is projected to contract by 6 per cent, an eleven-year low, with a moderate recovery in 2021-2022, according to the World Bank's latest Russia Economic Report released on Monday.
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Covid-19 pandemic tanks Russian economy, plunges families into crisis
Updated : 5 years, 8 months ago IST
Moscow [Russia], July 4 (ANI): As countries across the globe has been facing the worst collective economic downturn since the Great Depression, Russia seems to be particularly hard hit by the twin blows of the coronavirus pandemic as well as the collapse in oil prices.
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IndianOil posts Q4 net loss at Rs 7,783 crore due to high inventory loss
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Wednesday posted a consolidated net loss of Rs 7,783 crore for the quarter ended March on a one-time loss of Rs 11,305 crore.
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Congress calls fuel price hike ''unjust', demands rollback
Updated : 5 years, 8 months ago IST
New Delhi [India], June 23 (ANI): The Congress party on Tuesday called the increase in the price of petrol and diesel 'unjust', 'thoughtless' and demanded from the Central Government to roll back increase with immediate effect and pass on the benefit of low oil prices directly to the citizen
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Equity gauges up in early trading, pharma stocks gain
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 9 (ANI): Equity benchmark indices gained during early hours on Tuesday in volatile trading with pharma stocks leading the rally.
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Equity indices slip 2 pc on lockdown extension, Nifty bank down 4.5 pc
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus (COVID-19) pandemic.
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Uttarakhand hikes prices of petrol, diesel; alcohol to cost dearer
Updated : 5 years, 10 months ago IST
Dehradun (Uttarakhand) [India], May 7 (ANI): The Uttarakhand state cabinet has decided to increase the price of petrol and diesel by Rs 2 per litre and Re 1 on diesel, according to Uttarakhand Minister Madan Kaushik.
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