A weak greenback in the global markets restricted the local unit's losses, forex dealers said
The world's best-known crude benchmark, Brent was trading at $94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of $91.51 on the previous day
The tax on the export of diesel was cut to Rs 5 per litre from Rs 11, according to an official notification issued on Tuesday evening
Rising crude oil prices and relentless foreign capital outflows further weighed on sentiment, traders said
At the interbank forex market, the local unit opened strong at 79.32 against the greenback and witnessed an intra-day high of 79.26 and a low of 79.48
Over the last seven years, the Union government increased taxes on petrol by Rs 23.42 per litre and Rs 28.23 per litre on diesel
International benchmark Brent crude fell below $90 per barrel last week for the first time since early February as recession fears weigh on demand. It has since recovered and is trading at $92.84 per barrel, the lowest in...
But with falling international crude prices as well as the fall in the US yields last week, yields on central government bonds have also dropped this week
LPG rates this week were hiked by Rs 50 per 14.2-kg cylinder, taking the total increase in last one year to Rs 244 or 30 per cent
At the interbank foreign exchange, the rupee opened at 78.97 against the US dollar, then fell to quote 79.03, registering a decline of 9 paise over the last...
The start of the cropping season helped diesel demand register double-digit growth over the pre-pandemic period -- a record in recent years.
Last week, the Sensex went up by 179.95 points or 0.34 per cent, while the Nifty gained 52.80 points or 0.33 per cent
Shares of Reliance Industries fell 8.65 per cent to Rs 2,369.45 apiece on the BSE. It was the biggest drag among the Sensex firms in morning trade.
The government on June 29 allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuels such as...
At the interbank foreign exchange, the rupee opened at 78.92 against the American dollar. In initial trade, the local currency witnessed a high of 78.90 and a...
On Wednesday, the 30-share BSE Sensex fell 150 points or 0.28 per cent lower at 53,026, whereas the Nifty 50 index declined by 51.10 points or 0.32 per cent to...
Pakistan’s fuel imports are expected to hit a four-year high in June, touching 7,00,000 tonnes, up from 6,30,000 last month, according to data from Refinitiv
The move will safeguard the stable supply of fuels, alleviate the burden on downstream enterprises and consumers, and lower the operating costs of the real...
While contracts for oilfields awarded since 1999 gave producers the freedom to sell oil, the government fixed buyers for crude produced from older fields, such...
Rahul Gandhi advises the Prime Minister to focus on the rupees' falling value and governance instead of giving speeches.
At the interbank foreign exchange, the rupee opened strong at 77.98 against the US dollar, then inched higher to quote 77.93, registering a rise of 12 paise...
From the Sensex pack, Titan, Wipro, Dr Reddy's, Asian Paints, Sun Pharma, PowerGrid, Larsen & Toubro, UltraTech Cement, Maruti, TCS and Hindustan Unilever were...
At the interbank foreign exchange, the rupee opened strong at 78.03 against the US dollar, then inched lower to quote 78.04, registering a rise of 6 paise over...
On Thursday, the 30-share BSE Sensex slumped to a 52-week low of 51,425, whereas the Nifty 50 index declined to its 52-week low of 15,335
On Wednesday, the 30-share BSE Sensex plunged 152 points lower at52,541, whereas the broader NSE Nifty 50 index tanked 40 points at 15,692.
