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AUGUST OIL DATA
India’s infrastructure output jumps 7.9% in September on strong coal, steel growthThe latest numbers from the Indian government show that the country's infrastructure output has jumped by 7.9% compared to last year, as of...- Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
- Govt shelves import plan to tackle diminished coal stockpilesIndia has shelved a proposal to mandate coal imports because of rising costs and a weaker rupee. Policymakers are instead encouraging Coal ...
- FPIs pull out Rs 52,100 cr from equities in Oct so far amid global headwindsForeign portfolio investors have withdrawn Rs 52,100 crore from Indian equities as of October this year. This follows a net withdrawal of R...
- $60 billion in 6 weeks: RBI's rupee defence comes at a costReserve drain Forex reserves fall to $726 b on Oct 9 from $785.7 b on Sept 4, with latest reporting week alone showing a depletion of $8.58...
- India sets zero sugar diversion for ethanol in 2026/27 tenderIndia has instructed oil marketing companies to cease sugar diversion for ethanol production by the year 2026-27. This decision arises amid...
- India's forex reserves shed $60 billion in six weeks as RBI steps in to support rupee, one of Asia's worst-performing currencies this yearIndia’s foreign exchange reserves declined by nearly $60 billion in six weeks to $726.027 billion as of October 9, from a record high of $7...
- Festive demand drives India's diesel sales in October, data showsIndian diesel consumption has risen significantly, driven by increased demand from the agriculture and transportation sectors. State-run fu...
- Global Market: European shares set for biggest weekly gain since August on earnings optimismEuropean shares climbed on Friday, with the STOXX 600 heading for its strongest weekly gain since August, supported by robust corporate ear...
- India's BoP set to turn positive but below expectations amid oil import costs and widening trade deficit: ICICI BankIndia's Balance of Payments (BoP) is turning positive, but it is likely to remain lower than earlier expectations as elevated oil prices an...
- India's trade deficit widens to $30.21 billion in September despite 23% jump in exportsIn September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boo...
- Wholesale inflation hits series high of 11.4% in September as fuel, food prices surgeIndia's wholesale inflation reached 11.4% in September, significantly increasing from 9.9% in August. Rising prices of fuel, food, and manu...
- Gold drops over 1% as hot US inflation data boosts Fed hike betsUS consumer prices increased in September, contributing to expectations of an interest rate hike by the Federal Reserve. Following this inf...
- China stocks close at one-year low as AI hardware rout deepensThe CSI300 Index closed 1.4% down, hitting its lowest level since August 2025 in late trade, while the Shanghai Composite Index fell 0.9%. ...
- WPI inflation quickens to 11.39% in September from 9.9% in AugustWholesale prices in India rose significantly to 11.39% in September, driven by rising fuel and food costs. Retail inflation also increased ...
- Global Market Today: Asian stocks rise on Fed rate signal, oil gainsMSCI Inc.’s Asia Pacific equities index advanced 0.2%. A selloff in semiconductor stocks sent the gauge to its weakest close since August o...
- Bitter truth: Surge in sugar prices to push up festival budgetsSweets and desserts are experiencing higher prices this festive season due to increasing sugar costs and rising demand. Sugar prices have s...
- Rupee jumps 82 paise to 94.96 against US dollar in early tradeIn early trading, the rupee appreciated by 82 paise against the US dollar, hitting 94.96, thanks to strategic moves by the Reserve Bank of ...
- India's retail inflation quickens to 5.54% in September from 4.83% in August, hits near two-year highIndia's retail inflation accelerated to 5.54% in September 2026, a notable rise from August's 4.83%. This jump is particularly linked to ri...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
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