US Fed keeps benchmark interest rate unchanged

The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5...

Surge in crude prices poses risk to India’s CAD

Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD...

Israel's attack on Iran bullish for oil prices: Report

Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring...

India has adequate energy supplies, says Union Minister Puri

The oil supply update by the minister attaches importance, given that the international oil prices shot up sharply...

Higher risk buffers by RBI strengthen its balance sheet: Report

The Reserve Bank of India's (RBI) decision to maintain higher risk buffers is expected to strengthen its balance...

Govt has taken measures to keep oil prices in control"

Puri mentioned that the government had reduced the cess on petrol and diesel in November 2021 and May 2022, leading...

Global crude prices to trade with a downward bias in 2025

Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.

Oil companies losses on LPG expected to decrease by around 45%

LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if...

"Modi govt 'squeezed' rightful share of states in cess on petrol,

Congress President Mallikarjun Kharge on Tuesday hit out at the Modi government over the imposition of cess on...

Decline in crude prices boosts India’s resilience

As crude oil prices decline sharply and global commodity markets reel under pressure, India's macroeconomic...

Rahul Gandhi writes to President after SC upholds Calcutta HC order

Nationalist Congress Party (Sharad Chandra Pawar) MP Supriya Sule on Tuesday expressed surprise at the recent...

Oil prices drop as Russia, India, and China restore trade links

"Russian exports have continued almost as normal despite new US sanctions announced in January," says the report.