Surat: Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said that India has maintained stability in petrol and diesel prices for four years and 60 days despite global volatility in energy markets. He was speaking at the Vibrant Gujarat Regional Conference (VGRC) – South Gujarat in Surat, which brought together central and.
Following the United States' announcement on Monday regarding a blockade of Iranian ports, global crude oil prices have witnessed a sharp surge. In early trading on Sunday, the price of U.S. crude oil rose by eight percent, reaching $104.24 per barrel.
Indian equity benchmarks, the BSE Sensex and Nifty 50, extended their gains as investor sentiment improved on the back of softer global crude oil prices and supportive international market trends. Both indices traded higher during the session, reflecting optimism among investors and continued buying interest across key sectors. Softer crude oil boosts sentiment A major.
The Reserve Bank of India (RBI) is likely to keep key interest rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting, according to a recent report by market experts. The central bank is expected to adopt a cautious approach amid global uncertainties and evolving domestic economic conditions. Analysts believe the RBI will continue its.
Amid escalating geopolitical tensions in the Middle East, leading industry bodies and business leaders have expressed deep concern over the economic fallout of a prolonged conflict, warning that any further escalation could severely impact global economies and the common man. Industry voices concern over escalation Top industry leaders have urged global powers to exercise restraint,.
Global oil prices witnessed a sharp decline of over 13 per cent on Monday after former US President Donald Trump announced a temporary pause on planned military strikes targeting Iran’s power and energy infrastructure. The development also lifted market sentiment, with GIFT Nifty indicating a positive start for Indian equities. Oil prices see steep fall.
Indian equity markets witnessed a sharp crash on Monday, with the BSE Sensex plunging 1,836 points and the NSE Nifty slipping 2.6 per cent, as escalating tensions in the Middle East triggered a global market sell-off. Markets close sharply lower The Sensex ended at around 72,696, down 2.54 per cent, while the Nifty 50 closed.
New Delhi: Donald Trump warned Iran that the US could strike its power infrastructure if it does not reopen the Strait of Hormuz within 48 hours. His statements, shared online, marked a sharp shift from earlier signals about reducing military involvement and added to global uncertainty. Regional Attacks Intensify The conflict has escalated with Israel.
Global oil prices surged sharply on Thursday, crossing the $100 per barrel mark again as escalating tensions in the Middle East rattled energy markets. The spike came after fresh strikes by Iran on supply routes and infrastructure in the region, raising fears of potential disruptions to global oil supplies. Brent Crude Crosses $100 Mark Brent.
