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Currency experts have a bullish outlook for the rupee this week.

Rupee rises for 2nd day; up 21 paise to 70.28 vs USD on easing crude...

Forex traders said heavy buying in domestic equities and robust foreign fund inflows also propped up the rupee.

6 March 2019 1:16 PM

A fuel glut in China, a hangover from demonetisation in India, and an ageing, declining population in Japan are holding back crude oil demand growth in three of the worlds top four oil buyers.

Oil rises on OPEC-led supply cuts, but economic weakness weighs

Traders said oil markets were currently tightening.

1 March 2019 7:06 AM

Though the budget has recently increased the customs duty, palm oil prices were 20 per cent down in Q1FY20.

FMCG firms to report uptick in Q1 margins

Benign raw material prices, low media intensity to help.

10 July 2019 8:28 PM

Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories. (AFP Photo)

Oil prices edge higher on surprise US stock drawdown, but demand...

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns

14 May 2020 3:39 AM

Oil prices fell in early Asian trading on Wednesday . (AFP Photo)

Oil falls amid concerns about second wave of virus, rise in...

Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a...

13 May 2020 2:59 AM

India hikes taxes on petrol, diese. (PTI Photo)

Consumers won't benefit from lower crude oil prices as govt hikes...

Taxes and duties on petrol and diesel were increased by 10 rupees/litre and 13 rupees/litre, respectively

6 May 2020 4:57 AM

Oil prices slipped back Wednesday after two days of gains, although Brent crude remained above $30 a barrel. (AFP Photo)

Oil prices slide as US-China tensions offset virus hope

Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions

6 May 2020 3:12 AM

A picture shows export oil pipelines at an oil facility in the Khark Island, on the shore of the Gulf. (AFP Photo)

Oil prices jump as US stockpiles grow less than expected

The official start of output cuts agreed between Organization of Petroleum Exporting Countries (OPEC) and other major...

1 May 2020 3:08 AM

Indian Oil Corp Ltd, the countrys top refiner, on Wednesday reported its first quarterly loss in more than four years in the March quarter. (AFP Photo)

Indian Oil reports first quarterly loss in 4 years after surge in...

The fall in global prices impacted the group's financial performance for January-March quarter as the company holds...

25 Jun 2020 3:26 AM

Oil drops after US inventory build oversupply concerns. (AFP Photo)

Oil drops after jump in US crude stockpiles, renews oversupply...

Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase

10 Jun 2020 3:42 AM

Oil prices inch higher, one-month supply cut extension falls short of market hopes. (AFP Photo)

Oil prices inch higher after OPEC+ extends output cuts to end-July

On Saturday OPEC+ agreed to extend the deal by a third month through end-July

8 Jun 2020 3:33 AM

Union minister Hardeep Singh Puri on Tuesday said around 3.65 crore jobs would be generated in the construction of houses sanctioned under the Pradhan Mantri Awas Yojana. (PTI Photo)

Government: Exploring ways to check rise in fuel price

Hardeep Singh Puri said a proposal to bring petroleum products under the GST was taken up by the GST Council, but it...

15 March 2022 1:27 AM