Petroleum and Natural Gas Minister Hardeep Singh Puri emphasised that sufficient energy resources are available globally, despite ongoing geopolitical tensions that traditionally impact crude oil prices.
India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that ended in a ceasefire, uncertainties on US tariffs and a relative spike in global crude prices is likely to have its impact on June trade data.
According to the statistics ministry, the year-on-year inflation rate based on Consumer Price Index (CPI) for June was 2.10 per cent (provisional), a decline of 72 basis points in headline inflation from May 2025. It is the lowest year-on-year inflation since January 2019.
Gold shoppers in the United Arab Emirates (UAE) are pausing their purchases as prices remain elevated at around 374.5 dirhams per gram for 22K gold, as reported by Gulf News.
India's economic growth cycle may be bottoming out, supported by a combination of favorable macroeconomic factors such as the interest rate and liquidity cycle, a decline in crude oil prices, and a forecast of a normal monsoon, according to a report by HSBC Mutual Fund.
In the letter, the Union Minister emphasised that agriculture is the backbone of India's economy, and to ensure stability in farmers' income, it is essential to provide them with quality fertilizers at the right time, at affordable prices, and of standard quality.
India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by U
Current bullion market is focusing on a combination of factors which includes direction of US interest rates, weakness in USD, among many others factors for further guidance, noted a recent report by Emkay Wealth Management.
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
Pune (Maharashtra) [India], July 10: With gold prices continuing to rise in 2025, Bajaj Markets empowers individuals to unlock the value of their gold through quick and reliable gold loan solutions. In these times, pledging gold jewellery as collateral has become a practical and cost-effecti
The average salary for a salaried position at constant prices (deducted by the monthly consumer price index) was 11,250 Shekels (USD 3,352), unchanged, compared to April 2024.
The cost of home-cooked meals eased in June as compared to the same month last year, driven by a sharp correction in vegetable prices, according to the Crisil Intelligence report.