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The rupee rose sharply against the US dollar while bonds climbed for a second day on hope that the higher than estimated surplus transfer by the central bank to the government would ease fiscal and current account deficit concerns.

Rupee ends flat at 71.14 versus US dollar

The gains in the rupee were capped by crude oil hitting the USD 60 per barrel mark, forex brokers said.

18 Oct 2019 6:36 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

India's oil import from Iran will not be impacted by US sanctions

But paying Iran for the oil India buys would become difficult in case European countries join the US.

9 May 2018 5:53 PM IST

The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

Indian refiners may reduce oil imports as crude prices soar, rupee...

It is becoming a headache for Modi govt ahead of general elections next year.

24 Sept 2018 10:50 AM IST

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Oil prices rise as markets eye on production cuts

Non-OPEC member Russia's oil production in December remained unchanged at 11.21 million bpd.

3 Jan 2017 8:17 AM IST