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WPI inflation edges higher to 9.9% in August, fuel leads riseWholesale prices increased to 9.9% year-on-year in August from 9.8% in July. Fuel and power inflation rose significantly, driven by mineral...- India's wholesale inflation accelerates to 9.92% in August from 9.78% in JulyIndia’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consume...
- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
- RBI should hike rate by 25 bps in October to counter external shocks: ReportAn SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Counting Rs 4 lakh crore loss in RIL? Dangote refinery listing in Nigeria could trigger a 30% rallyReliance Industries could see a re-rating of its oil-to-chemicals business as the planned Dangote Petroleum Refinery listing provides a glo...
- Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
- India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
- Trump makes millions while US troops paid the price of the Iran war: here’s how much his oil and gas holdings gainedPresident Donald Trump saw significant financial gains from his oil and gas investments during the Iran war, with his nine primary holdings...
- Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
- How Trump's stock portfolio rode oil price rollercoaster: ReportOil prices surged above $100 a barrel amid escalating tensions with Iran. President Trump's disclosed oil investments gained millions durin...
- $100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- Paint makers expect healthy FY27 demand amid price hikes; competition intensity remains highLeading paint firms foresee sustained double-digit growth through the festive season. Companies are implementing price increases to manage ...
- Russia Sanctions Bill: India gets a breather as Trump’s 100% tariff weapon stalls in US HouseA US Senate bill to impose tougher sanctions on Russia is facing growing opposition in the House, making it unlikely to move before the Nov...
- Windfall tax slashed on fuel exportsNew Delhi has reduced export duties on petrol, diesel, and aviation fuel. The levy on petrol exports is now ₹1.15 per litre, a significant ...
- Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
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