Rupee Gains 7 Paise Against Dollar in Early Trade
The Indian rupee rebounded from an all-time low, appreciating by 7 paise to 92.14 against the US dollar in early trade, driven by positive domestic equity trends and easing global pressures.
Category : Economy
Gold, Silver Prices Rise on Trump War Comments; Outlook
Gold and silver prices climb as Trump signals potential Middle East conflict de-escalation, easing inflation fears. Analysis includes market trends, oil price drops, and central bank impacts.
Oil Prices Fall from $100 Peak on Diplomatic Hopes
Oil prices dropped over 6% on Tuesday, retreating from a sharp rally above $100 per barrel, as diplomatic efforts and potential US measures eased fears of prolonged supply disruptions in the Middle East conflict.
India Extends LPG Refill Waiting Period to 25 Days
Oil marketing companies have increased the minimum waiting period for booking domestic LPG refills from 21 to 25 days to prevent hoarding. This move follows disruptions in imports from conflict-hit West Asia, with the government directing refiners to boos
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Fuel Prices Stable Unless Crude Oil Hits $130 Per Barrel
Government sources indicate petrol and diesel prices in India are unlikely to rise despite Middle East tensions, with adequate reserves and stable supply arrangements in place.
India Pledges No Fuel Price Hike Unless Oil Hits $128/Barrel
Senior government officials confirm fuel prices will remain unchanged unless West Asia conflict prolongs or global oil prices surge to $128 per barrel, ensuring economic stability.
Asian Stocks Surge as Oil Prices Drop from War Peaks
Asian stock markets, including South Korea's Kospi and Japan's Nikkei, posted significant gains as crude oil prices retreated from near $120 per barrel. The rally followed comments from Donald Trump hinting at a potential end to the Iran conflict.
Sitharaman: Oil Price Rise Unlikely to Spike Inflation Significantly
Finance Minister Nirmala Sitharaman stated that the recent surge in oil prices is not expected to cause a major acceleration in inflation, citing India's current low inflation rate and government measures to stabilize prices.
No Fuel Price Hike Until Crude Oil Hits $128/Barrel: Centre
The Indian government has committed to maintaining stable fuel prices, assuring no increase until global crude oil surpasses $128 per barrel, despite ongoing West Asia conflicts.
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Rupee Hits Record Low at 92.33 Amid Oil Price Surge
The Indian rupee plummeted to a historic low of 92.33, dropping 58 paise, as escalating West Asia tensions drove crude oil to $119 a barrel and triggered foreign capital outflows.
Panel Formed for Smooth LPG Supply to Hotels, Restaurants
The Centre establishes a dedicated panel to ensure reliable LPG supply to the hospitality sector, with oil refineries directed to boost production for domestic use.
Iran War Ripple Effect Sparks LPG Crisis for Restaurants, Industries
Commercial LPG supply halts across India as government prioritizes domestic users amid Iran war disruptions, forcing restaurants and industries to face shutdowns and black market risks.
No Fuel Price Hike Until Crude Oil Hits $128: Centre
The Indian government has committed to maintaining stable fuel prices, assuring no increase until global crude oil reaches $128 per barrel, amid ongoing West Asia conflicts.
Oil Hits $120, India Says Fuel Prices Stable Amid Global Crisis
Global oil prices surged to $120 a barrel due to Saudi output cuts and Hormuz disruptions, but India's government confirms no immediate fuel price hikes despite Brent's 65% rise since February.
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Oil Soars, Stocks & Rupee Fall as West Asia Conflict Escalates
Global oil prices have surged sharply, while Indian stocks and the rupee have fallen significantly due to escalating conflicts in West Asia, impacting financial markets and economic stability.
Mizoram Primary Sector Share Falls in Economic Survey
Mizoram's primary sector share in GSVA declined to 16.72% in 2024-25, while the tertiary sector rose to 50.37%, indicating a structural economic shift, per the state's Economic Survey.
Govt Boosts LPG Production for Homes Amid Global Supply Issues
In response to geopolitical disruptions affecting fuel supplies, the Indian government has ordered oil refineries to increase LPG production for domestic use, while extending refill waiting periods to prevent hoarding.
India Faces $7-8 Billion Monthly Cost from Rising Crude Prices
Analysts warn that escalating global crude oil prices could impose an additional $7-8 billion monthly burden on India's economy, impacting trade deficits and inflation.
Govt Prioritizes Domestic LPG, No Fuel Price Hike Unless Oil Hits $130
The Indian government has directed refineries to increase LPG production and prioritize domestic supply over commercial connections, while confirming no immediate petrol or diesel price increase unless global crude breaches $130 per barrel.
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Axis Bank: Women's Workforce Vital for India's Growth as Population Ages
India must increase women's labour force participation to sustain 7% GDP growth, says Axis Bank report. Outdated restrictions on women's employment in sectors like chemicals and night shifts hinder economic potential as fertility rates decline rapidly.
India Keeps Fuel Prices Stable Amid Middle East Tensions
Government sources confirm petrol and diesel prices in India will not rise despite Middle East conflicts, citing ample reserves and diversified crude imports. Measures include LPG supply prioritization and aviation fuel stockpiles.
Oil Prices Near $120, Testing India's Energy Security
Brent crude oil prices approach $119 per barrel amid supply fears, threatening India's economy with higher fuel costs and inflation. A temporary US waiver for Russian oil provides minimal relief against daily demand of 5 million barrels.
OMC Stocks Dive as Global Oil Prices Spike Sharply
Shares of major Indian oil marketing companies like IOC, BPCL, and HPCL fell sharply due to a sudden surge in global crude oil prices, raising concerns over profitability and fuel pricing.
Rupee Hits Record Low on Middle East Tensions, Oil Spike
The Indian rupee plunged to a record closing low of 92.35 against the US dollar, losing 53 paise due to rising crude oil prices, a strong dollar, and foreign fund outflows amid escalating Middle East conflicts.
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Rupee Hits All-Time Low of 92.35 vs Dollar, Down 53 Paise
The Indian rupee fell sharply by 53 paise to close at an unprecedented low of 92.35 against the US dollar, driven by strong dollar demand and global economic uncertainties impacting currency markets.
Crude Oil Hits Record High of Rs 10,549/Barrel, Up 26%
Crude oil futures surged over 26% to a record high of Rs 10,549 per barrel as supply disruptions in the Strait of Hormuz led to output cuts by Middle Eastern producers, impacting global markets.
Gold Falls Rs 1,052, Silver Gains on MCX Amid Global Volatility
Gold futures tumbled 0.65% to Rs 1,60,582 per 10 grams on MCX due to soft global cues and weak local demand, while silver advanced 1.63% to Rs 2,63,923 per kg as market participants built fresh positions amid international uncertainties.
Rupee Drops 52 Paise to Record Low of 92.35 vs Dollar
The Indian rupee fell sharply by 52 paise, revisiting its all-time intra-day low of 92.35 against the US dollar amid market pressures. This decline marks a significant downturn in currency performance.
Pakistan Oil Import Bill May Reach $600M Monthly Amid Conflict
Pakistan's finance minister warns monthly oil import costs could surge to $600 million as Middle East tensions drive crude prices above $100. Government seeks IMF relief and alternative fuel routes.
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Sitharaman: Crude Price Rise Won't Substantially Impact Inflation
Finance Minister Nirmala Sitharaman states that the recent global crude oil price increase, driven by Middle East tensions, will not have a substantial effect on India's inflation rates, providing economic reassurance.
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