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OIL PRICES IMPACT ON ECONOMY
India to buck APAC slowdown despite oil, trade and El Nino risks: Moody's AnalyticsIndia's economy is projected to grow strongly in the Asia-Pacific region. Higher oil prices and global slowdown pose significant risks to t...
Rupee ends nearly flat at 95.68 vs USD, wedged between oil swings, RBI interventionOn Thursday, the Indian rupee remained stable, closing at approximately 95.68 against the dollar. The currency faced pressure due to fluctu...
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
US Federal Reserve keeps rates steady as Iran-driven inflation risks keep markets on edgeThe US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil pri...
Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
India bonds tiptoe along ahead of Fed meet; oil prices weighIndian government bonds traded range-bound early Wednesday as investors awaited the Fed's rate decision. Oil prices climbed, reviving conce...
Rupee rises 5 paise to 95.77 against US dollar in early tradeThe rupee strengthened by five paise to 95.77 against the US dollar on Wednesday. This appreciation marks the fourth consecutive day of gai...
How the rain gods impact the Indian economyIDFC FIRST Bank Chief Economist Gaura Sengupta analyzes how El Nino and monsoon performance shape India's economic growth and inflation. Wh...
Weak investments, higher oil prices to slow India's GDP growth to 6.6% in FY27: PollIndia's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will im...
Saudi oil can still get out — but it won’t be cheap or easySaudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new d...
Oil Price Today (July 27): Crude oil dips 5%, below $95 as US pauses strikes on Iran. What are experts saying?Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US We...
Budget has buffers to tackle global risks, no need to revisit govt's budget estimates yet, says SitharamanUnion Finance Minister Nirmala Sitharaman stated no need to revise Budget estimates. Adequate fiscal buffers exist to manage global uncerta...
Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
Sensex sinks over 2,000 points in 5 days. How scary do the charts look for next week?Indian markets enter a crucial week with Nifty testing the key 23,600 support after five straight sessions of losses. Rising crude oil pric...
RBI Intervention shields rupee in face of oil, hedging strainOn Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped ...
Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlookRenewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in...
Oil prices scorch Indian bonds; rising Treasury yields add to pressureIndian government bonds declined early Thursday as Middle East tensions escalated. Crude oil prices neared $100 a barrel, and U.S. Treasury...
Oil at $90-100 will impact macros and the market: Sunil Koul, Goldman SachsGlobal investors show increased interest in India's equity markets recently. Corporate earnings and economic performance have remained quit...
$120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...