China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
11 Jun, 2026, 02.50 PM IST
India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...
11 Jun, 2026, 02.15 PM IST
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
11 Jun, 2026, 01.22 PM IST
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
11 Jun, 2026, 10.45 AM IST
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
10 Jun, 2026, 10.03 PM IST
US working to release energy reserves, boost sales of gas to ASEANThe United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and...
10 Jun, 2026, 10.06 AM IST
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
09 Jun, 2026, 05.35 PM IST
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
09 Jun, 2026, 11.48 AM IST
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...
09 Jun, 2026, 10.06 AM IST
Reassure homes, not just economy: Why India’s growth feels weaker at household levelThe ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...
08 Jun, 2026, 12.45 AM IST
OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
07 Jun, 2026, 01.15 PM IST
India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...
06 Jun, 2026, 08.42 PM IST
Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan SharmaFuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel pr...
06 Jun, 2026, 07.04 PM IST
Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...
03 Jun, 2026, 09.37 PM IST
Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
03 Jun, 2026, 11.49 AM IST
Oil steadies as uncertainty over US-Iran talks keeps markets on edgeOil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. ...
02 Jun, 2026, 06.28 AM IST
EU weighs temporary freeze on Russia oil price cap over Iran war: ReportThe European Union is considering freezing its price cap on Russian oil as the conflict in West Asia and disruptions to shipping through th...
01 Jun, 2026, 12.09 AM IST