oil prices

New Delhi, April 1 The price of commercial LPG was increased by ₹195.50 on Wednesday, due to the surge in global oil prices linked to the escalating conflict in West Asia.A 19-kg cylinder of commercial LPG now costs ₹2,078.50 in Delhi, according to state-owned oil companies.Rates were last...

New Delhi, March 31 – India’s foreign exchange reserves of over $700 billion are large enough to deter speculative activity and allow the Reserve Bank of India to intervene and stabilize the rupee, a report said on Tuesday.The report from SBI Research said that current reserve levels are...

Seoul, March 31 – The South Korean currency plummeted sharply to a 17-year low against the US dollar on Tuesday, as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.The won was quoted at 1,530.1 won per dollar, down...

New Delhi, March 31 – The recent surge in global oil prices is testing Pakistan's fragile macroeconomic stability, and the International Monetary Fund's (IMF) tolerance of Islamabad's decision to shield domestic fuel prices signals a shift in approach, a new report has said.The report from...

South Korean Stocks Slide as Middle East Tensions Trigger Foreign Selling, Oil Prices Surge KOSPI Falls Nearly 2 Percent Amid Global Uncertainty Seoul, March 31: South Korean equities traded lower on Tuesday morning as escalating tensions in the Middle East and rising crude oil prices weighed...

Rupee Hits Historic Low of 95.22 Against US Dollar Currency Decline Driven by Oil Prices and Geopolitical Tensions Mumbai, March 30 – The Indian rupee experienced a significant downturn on Monday, hitting a historic low of 95.22 against the US dollar in intra-day trading. Initial gains following...

South Asian Nations Face Energy Crisis Risks Amid Middle East Conflict New Delhi, March 30 – The ongoing Middle East crisis presents a heightened risk to Bangladesh, Pakistan, and Sri Lanka, among South Asian nations, according to a report by S&P Global Ratings. The report highlights the...

KOSPI Slides Sharply Amid Foreign Selling and Tech Stock Weakness Seoul, March 30: South Korean equities witnessed a steep decline on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) dropping 3.98 percent amid heightened geopolitical tensions and heavy selling in large-cap...

Bitcoin Drops Below Key Technical Levels, Holds Near USD 66,000 Amid Fragile Sentiment Bitcoin Breaks 200-Day Average, Signals Near-Term Pressure New Delhi, March 29 Bitcoin weakened to around USD 66,000 after slipping below its 200-day moving average and year-to-date average, both considered...

Government Explores Tax Relief Measures as West Asia Conflict Drives Up Airline Costs New Delhi, March 29: The Ministry of Civil Aviation is evaluating multiple measures to cushion Indian airlines from the financial strain caused by the ongoing West Asia conflict, with a key focus on reducing...

South Korea Considers Expanding Vehicle Rotation System Amid Rising Oil Prices Government May Extend Vehicle Rotation to Private Sector South Korea’s Finance Minister Koo Yun-cheol announced that the government may expand its mandatory five-day vehicle rotation system to the private sector if...

Rupee Hits Record Low of 94.82 Against US Dollar Amid High Oil Prices and Market Volatility Mumbai, March 27 – The Indian rupee tumbled 86 paise to close at a new all-time low of 94.82 (provisional) against the US dollar on Friday, pressured by rising oil prices and a stronger dollar amid...

New Delhi, March 27 – Crude oil prices rebounded to trade nearly 2% higher in domestic futures on Friday, driven by global energy gains and heightened geopolitical tensions in West Asia.On the Multi Commodity Exchange (MCX), April crude oil opened lower at ₹8,820 per barrel but surged ₹143, or...

New Delhi, March 27 – The government has cut excise duty on petrol and diesel by ₹10 per litre, shielding consumers from a price hike amid soaring global oil rates.Excise on petrol has been reduced from ₹13 to ₹3 per litre, and on diesel from ₹10 to nil, leading to an estimated annual revenue...

Rupee Hits Fresh Record Low of 94.70 Against US Dollar Amid Oil Price Surge, Weak MarketsMumbai, March 27: The Indian rupee plunged to a fresh all-time low of 94.70 against the US dollar during intra-day trading on Friday, pressured by rising global oil prices, a stronger dollar, and ongoing...

Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre to Cushion Consumers Amid Crude Oil SurgeNew Delhi, March 27: The government has slashed excise duty on petrol and diesel by ₹10 per litre each to shield consumers from soaring global crude oil prices triggered by escalating tensions...

. Rupee Hits Record Low of 94.56 Against US Dollar Amid Rising Oil Prices and Weak Equity MarketsMumbai, March 27: The Indian rupee plunged to an all-time low of 94.56 against the US dollar during intra-day trading on Friday, breaching the crucial 94.50 level for the first time. The sharp...

Nayara Energy Raises Petrol and Diesel Prices by Rs 5, Rs 3 Respectively New Delhi, March 26 – Nayara Energy, India’s largest private fuel retailer, announced a price increase of Rs 5 per litre for petrol and Rs 3 per litre for diesel on Thursday, citing the recent surge in global oil prices...

India’s Credit Growth Surges 61% in FY26, Driven by Retail and MSMEs Strong Demand Fuels Credit Expansion New Delhi, March 26 – India’s credit growth experienced a significant surge in fiscal year 2026, increasing by 61 per cent, according to a new report released on Thursday. The growth was...

Seoul Central Bank Warns of Rising Interest Rates Amid Middle East Conflict SEOUL, March 26 – The Bank of Korea (BOK) has issued a warning regarding potential upward pressure on market interest rates due to the escalating conflict in the Middle East. The central bank’s statement, released on...