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HIGHER OIL PRICES IMPACT
IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...- Global Market: European shares edge higher ahead of ECB rate decisionEuropean shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christi...
- Global Market | BOJ may speed up rate hikes amid inflation, weak yen risks: MasuBOJ board member Kazuyuki Masu has signalled that the central bank may need to raise rates quickly if inflation accelerates, strengthening ...
- Global Market: Japanese bond yields rise as oil surge, hawkish BOJ remarks lift rate hike betsJapanese government bond yields rose as oil prices climbed amid Middle East tensions, while hawkish comments from a Bank of Japan official ...
- 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...
- IOC, BPCL & HPCL likely to post Rs 14,470 crore profit in Q2IndianOil, BPCL, and HPCL are set to achieve remarkable profits during the July-September quarter, showcasing a stark recovery from their p...
- US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
- Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- 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...
- Rupee endures sharpest fall in over a month as Brent oil barrels towards $100The Indian rupee saw its most significant drop since late July on Tuesday, primarily driven by escalating oil prices nearing $100 a barrel....
- Global Market: European shares slip as oil surge fuels inflation fears; Novartis plungesEuropean shares slipped as surging oil prices raised inflation concerns amid escalating Middle East tensions and threats to Gulf energy inf...
- India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
- Global Market: European stocks subdued as oil surge fuels inflation, ECB rate hike betsEuropean shares were subdued on Monday as rising oil prices sparked by US-Iran tensions renewed inflation fears. Investors are closely moni...
- Indian central bank liquidity move may lift bondsFollowing the Reserve Bank of India's recent cash withdrawal operation, Indian government bonds are poised for potential gains. However, th...
- Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
- Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
- Global Market: German bond yields set for fourth weekly rise as investors bet on further ECB tighteningGerman bond yields are rising for the fourth consecutive week as investors anticipate the European Central Bank will maintain restrictive m...
- Rupee holds firm at 94.97 on RBI dollar salesThe Indian rupee remained above 95 against the dollar for a second day. Traders attribute this performance to aggressive dollar sales by th...
- RBI backstop keeps Indian rupee stable, blunting importer dollar demand impactThe Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...
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