oil prices

India expresses concern over rising oil prices following developments in Strait of Hormuz

India expresses concern over rising oil prices following developments in Strait of Hormuz

Oil Minister Dharmendra Pradhan discussed the situation with Saudi Oil Minister Khalid Al Falih.

RBI may recoup lost reserves on stronger rupee

RBI may recoup lost reserves on stronger rupee

Mumbai: A strong inflow of foreign funds and benign oil prices have strengthened the Indian currency but what has worked best for the rup...Read More

India needs to have a good oil hedging policy: Raghuram Rajan

India needs to have a good oil hedging policy: Raghuram Rajan

MUMBAI: With geo-political factors impacting crude prices, India needs to have a good oil hedging policy as the volatility will continue ...Read More

Oil plunges 6 percent despite hopes of Opec supply cut

Oil plunges 6 percent despite hopes of Opec supply cut

BOSTON: Oil prices slumped more than 6 per cent on Friday, with Brent set for a 12-per cent plunge this week, as fears that supply would ...Read More

Will the remittances flow revive?

Will the remittances flow revive?

Four years ago, when oil prices were slipping, there were worries that remittances from foreign workers into India would decline. The red...Read More

Brent crude falls 5 percent, touches 8-month low

Brent crude falls 5 percent, touches 8-month low

New York: Oil prices plummeted on Tuesday, snapping four days of gains and renewing a sell-off that has plunged crude futures into bear m...Read More

Temporary exemptions to 8 nations to keep oil prices down: Donald Trump

Temporary exemptions to 8 nations to keep oil prices down: Donald Trump

Washington: US President Donald Trump has defended his decision to spare India and seven other major importers of Iranian oil from immedi...Read More

Rupee may hit 76-mark in 3 months: UBS

Rupee may hit 76-mark in 3 months: UBS

MUMBAI: With global crude prices remaining elevated, the rupee is likely to be under pressure, and may touch the 76 levels against the US...Read More

ONGC Q2 profit jumps 61 percent on higher crude price

ONGC Q2 profit jumps 61 percent on higher crude price

New Delhi: Oil and Natural Gas Corp’s (ONGC) net profit for the three months ended September rose 61.1 per cent on year to Rs 8,265 crore...Read More

Carriers’ credit rating under scanner over higher costs

Carriers’ credit rating under scanner over higher costs

Listed carriers — IndiGo, SpiceJet and Jet Airways — have seen this month downgrading of credit rating assigned to some of their loan fac...Read More

Market rout: Should you sell your investments?

Market rout: Should you sell your investments?

As we write this, the Sensex is down to 34,342 points. The volatility has been rather pronounced these last few days and investors natura...Read More

RBI panel sees inflation spike risk, signals rate hikes

RBI panel sees inflation spike risk, signals rate hikes

Mumbai: The six-member Monetary Policy Committee of the Reserve Bank of India sees a risk of rising headline inflation from high crude oi...Read More

Can gold be used to reduce India’s CAD anxieties?

Can gold be used to reduce India’s CAD anxieties?

The increase in oil prices and the surge in other imports are threatening to worsen India’s current account deficit. According to the RBI...Read More

Saudi Arabia to raise oil output in November

Saudi Arabia to raise oil output in November

NEW DELHI: Saudi Arabia said on Monday that it expects its oil production to rise next month from the current 10.7 million barrels per da...Read More

BJP asks states ruled by opposition parties to reduce oil prices

BJP asks states ruled by opposition parties to reduce oil prices

New Delhi: The BJP on Monday asked opposition parties to desist from spreading “propaganda” against the central government over the issue...Read More

Rupee recovers 6 paise against US dollar ahead of RBI policy outcome

Rupee recovers 6 paise against US dollar ahead of RBI policy outcome

Mumbai: The rupee recovered 6 paise to 73.52 against the US dollar at the forex market Friday ahead of the RBI’s monetary policy outcome ...Read More

Bloodbath on D-Street

Bloodbath on D-Street

Mumbai: The equity benchmark Sensex on Thursday hit its lowest level in three months, crashing over 806 points to close below the 35,200-...Read More

Rupee drops 44 paise to hit new low of 73.77 against US dollar

Rupee drops 44 paise to hit new low of 73.77 against US dollar

Mumbai: The rupee collapsed to a fresh low of 73.77 against the US dollar Thursday, as global oil prices continued to rise, deepening con...Read More

Falling rupee, soaring oil prices & rising worries

Falling rupee, soaring oil prices & rising worries

It’s been a waterfall like slide for the rupee against the US dollar over the past few months. Last week, the rupee crashed below the 72-...Read More

India may have to cough up Rs 685 billion more to repay debt

India may have to cough up Rs 685 billion more to repay debt

Mumbai: The BJP government’s worries have begun to mount: On the one hand, it has slipped badly on the oil slick; on the other hand, the ...Read More

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