Mumbai: Indian equity markets will enter the new trading week with investors closely tracking the Reserve Bank of India’s (RBI) monetary policy decision, a fresh round of June quarter earnings, global geopolitical developments, crude oil prices and foreign institutional investor (FII) flows after benchmark indices staged a strong recovery in the previous week. The market.
New Delhi: A decline in global crude oil prices does not automatically translate into an immediate reduction in petrol and diesel prices in India, Minister of State for Petroleum & Natural Gas and Tourism Suresh Gopi said on Thursday. Multiple Factors Determine Fuel Prices Gopi told reporters that several factors influence domestic fuel pricing, including.
India is expected to remain resilient despite elevated energy prices driven by the West Asia conflict, supported by strong economic fundamentals, structural reforms and healthy domestic demand. While a sustained energy shock could increase cost pressures across sectors and weigh on economic activity, India’s growth outlook remains comparatively strong. Although crude oil prices have moderated.
India’s fuel story is entering a new chapter. After successfully introducing E20 petrol across the country, the government is now preparing for even higher ethanol blends. The aim is simple — reduce dependence on imported crude oil, support Indian farmers and strengthen the country’s energy security. The government has recently exempted ethanol blends between 22.
Union Minister of State for Petroleum and Natural Gas Suresh Gopi said on Sunday that any decision on revising the prices of petrol, diesel and LPG in the domestic market would depend on the availability and stability of crude oil supplies in the global market.
New Delhi: India has imposed restrictions on the sale of motor spirit (petrol) and high-speed diesel (HSD) at retail fuel outlets, limiting bulk purchases and directing institutional and commercial users to source fuel through their dedicated consumer or captive pumps, according to an official government notification. The directive, aimed at curbing diversion of subsidised or.
Mumbai: Indian equities traded higher on Tuesday in the morning trade, supported by improving sentiment after signs of a pause in hostilities between Iran and Israel. Sensex rose as much as 0.7 per cent or over 500 points to hit an intraday high of 74,035.41 in early trade, while Nifty gained 0.6 per cent or.
Mumbai: Domestic equity markets traded on a muted note in early deals on Wednesday amid mixed global cues and a decline in crude oil prices. Sensex was trading at 76,050, up 40 points or 0.05 per cent in the morning session, while Nifty rose 20 points or 0.08 per cent to 23,932. Earlier, the benchmark.
India’s increase of Rs 3.91 per litre in the prices of petrol and diesel announced this week, works out to 4.4 per cent, which is the smallest hike of any major economy outside the directly subsidising Gulf producers such as Saudi Arabia, according to figures compiled by GlobalPetrolPrices.com.
