Mumbai, May 18 The Indian rupee weakened further and touched a fresh all-time low of 96.25 against the US dollar in early trade on Monday as rising crude oil prices, global uncertainty and strength in the American currency continued to weigh on the domestic unit. According to forex market experts, higher crude oil prices, ongoing […]
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New Delhi, May 17 Compressed Natural Gas prices were increased by Re 1 per kilogram on Sunday, marking the second hike within a week amid rising input gas costs and appreciation of the US dollar. Following the latest revision, CNG in Delhi will now cost Rs 80.09 per kilogram, according to Indraprastha Gas Ltd, the […]
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New Delhi, May 13 The Centre on Wednesday increased the import duty on gold and silver to 15 per cent in a move aimed at reducing non-essential imports and easing pressure on the country’s foreign exchange reserves amid the ongoing crisis in West Asia. The revised customs duty structure came into effect from May 13. […]
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New Delhi, May 1 Aviation turbine fuel prices for domestic airlines remained unchanged on Friday, offering relief to carriers, while commercial LPG and small cylinders saw a sharp increase in line with rising global energy costs. State-owned oil companies maintained ATF rates for domestic carriers at existing levels, even as international airlines’ prices were raised. […]
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New Delhi, April 28 The Enforcement Directorate has attached assets worth Rs 3,034 crore in connection with its ongoing money laundering investigation against companies of the Reliance Anil Ambani Group, sources said. The action was taken under the Prevention of Money Laundering Act. According to sources, the provisionally attached properties are linked to Reliance Communications […]
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By ELAINE KURTENBACHAP Hong Kong, April 20 Oil prices climbed more than 5 per cent on Monday, while Asian stock markets recorded gains, as tensions between Iran and the United States disrupted tanker traffic through the Strait of Hormuz, raising concerns about global oil supplies. The surge in crude prices followed Iran’s decision to reverse […]
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Mumbai, April 17 Benchmark equity indices Sensex and Nifty opened on a positive note in early trade on Friday, supported by easing geopolitical concerns and fresh buying by foreign institutional investors. The BSE Sensex rose 177.52 points to 78,166.20 in early deals, while the NSE Nifty gained 37.4 points to 24,234.15, reflecting improved investor sentiment […]
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Mumbai, April 16 The Indian rupee appreciated by 6 paise to 93.27 against the US dollar in early trade on Thursday, supported by a weaker American currency and easing crude oil prices, amid expectations of a possible truce in West Asia, while gains were capped by foreign fund outflows and importer demand for dollars. According […]
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Mumbai, April 15 The Indian rupee appreciated by 20 paise to 93.15 against the US dollar in early trade on Wednesday, supported by softer crude oil prices and a weaker American currency amid renewed optimism over possible US-Iran talks. Market sentiment improved after US President Donald Trump indicated that a second round of discussions with […]
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New Delhi, April 14 India’s crude oil imports from Russia more than tripled to 5.3 billion dollar in March as volumes surged and higher global prices pushed up the import bill, according to a report by the Center for Research on Energy and Clean Air. The report said India emerged as the second-largest buyer of […]
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