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EDIBLE OIL CONSUMPTION IN INDIA
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...
India's next stock market headache isn't oil but a bigger storm brewing in the skiesIndia's stock market faces a new challenge as a severe "Super El Niño" threatens the monsoon, impacting 56% of GDP tied to consumption. Thi...
Delayed soyabean sowing likely to push up edible oil pricesAs delayed soybean sowing unfolds in key Indian states like Madhya Pradesh and Maharashtra, concerns are rising over a potential shortage o...
Oil cools, monsoon heats up concerns for India's rural economyThe recent drop in crude oil prices is providing some relief from inflation worries. Yet, the unpredictable monsoon season poses a serious ...
Can a weak monsoon slow India's economy? Here's what investors need to knowA 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by...
Will Sensex, Nifty extend gains or turn volatile? Q1 updates, F&O expiry among 8 factors set to steer stock market this weekIndian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil...
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
Goldman Sachs raises India FY27 growth forecast to 6.5%Goldman Sachs has boosted India's FY27 growth outlook to 6.5%, citing lower oil prices and easing supply issues. The investment bank also a...
Crude at $65, consumption boom, and the Rupee's new shield: Dinshaw Irani's big market callsIndia's economic headwinds are easing, with falling crude oil prices and a stabilizing rupee poised to boost the market. Helios Mutual Fund...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Cylinder sales restored to pre-war levels & bulk supplies raised to 50%The government has restored commercial LPG cylinder sales to pre-conflict levels after supplies improved, bringing relief to industrial and...
Oil slide powers India's stock benchmarks to longest weekly winning run 7 monthsIndian stock markets achieved their longest winning streak in seven months, with the Nifty 50 and BSE Sensex closing higher. Falling crude ...
Sensex jumps over 700 points, Nifty rises above 24,200 as oil prices cool below $73 per barrelOn Thursday, Indian stock markets experienced a remarkable surge, with both Sensex and Nifty seeing significant gains as oil prices fell be...
Sri Priyanka Geo Commex IPO opens for subscription today. Check GMP, price band and other detailsRetail investors can bid for a minimum of 1,200 shares, requiring an investment of Rs 2.54 lakh at the upper end of the price band. The min...
Amit Shah directs Nafed, NCCF to bypass middlemen, buy pulses and oilseeds directly from farmersUnion Minister Amit Shah has directed Nafed and NCCF to procure pulses and oilseeds directly from farmers, aiming to cut out middlemen and ...
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...