On Tuesday, after early gains, the Sensex slipped 236 points or 0.43 per cent to settle at 54,052 points, whereas the Nifty 50 Index dropped 89.55 points or 0.55 per cent to end at 16,125.
International oil prices spiked this year, hitting a near 14-year high of USD 140 a barrel in March, after Russia's invasion of Ukraine exacerbated supply...
India produced 2.47 million tonnes of crude oil in April, down from 2.5 million tonnes in the same month last year
At 9:18 am, Sensex advanced 123 points or 0.23 per cent at 54,411, whereas Nifty 50 Index advanced 0.2 per cent at 16,247.
On Monday, the Sensex closed at 37.78 points or 0.07 per cent lower at 54,288, whereas the Nifty 50 index dipped 51.45 points to end at 16,214.
April saw consumption drop due to a Rs 10 per litre hike in petrol and diesel prices after an over four-month hiatus.
The bumper first-quarter earnings by the firm formally known as the Saudi Arabian Oil Co show a record net income of $39.5 billion, up from $21.7 billion...
Barring Reliance, Tata Steel, Infosys, ICICI Bank, Wipro, and Titan, all other stocks opened in green with Asian paint gaining up to 3.3 per cent.
Governments are trying to replace energy supplies from Russia, mindful that their regular payments are funding a war that has seen thousands of civilian deaths...
The RBI, which is mandated to ensure inflation is under 6 per cent, acted with a 0.40 per cent increase in repo rate to check prices before they went...
India, it said, has been constrained to pay ever-increasing prices charged by certain oil suppliers, which is leading India to diversify its sources of...
Gas and oil have kept flowing even as governments denounce the war. The EU sends $450 million a day to Russia for oil and $400 million per day for natural gas
Petrol sales growth moderated to 2.1 per cent in April when compared with the same period in the preceding month, while diesel demand was almost flat.
In a virtual interaction with chief ministers on Wednesday, the Prime Minister pointed out that many states had not heeded the advice of the Centre to bring...
The EU sends $450 million a day to Russia for oil and $400 million per day for natural gas, according to calculations by analysts at the Bruegel think tank in...
The development comes after US President Joe Biden, last week, assured his Indian counterpart Prime Minister Narendra Modi that the USA will help India to...
India's crude oil production has been on a decline during the past few years. From 35.7 million tonnes in 2017-18, it fell to 34.2 million tonnes in the...
Inflation last month was 13.11 per cent, while wholesale inflation in March last year stood at 7.39 per cent.
Stating that there is a huge outgo in terms of imports of oil and defence products in India, Agarwal remained bullish about oil and gas output from India as it...
Petrol in Delhi will now cost Rs 103.41 per litre as against Rs 102.61 previously, while diesel rates have gone up from Rs 93.87 per litre to Rs 94.67
Warding off pressure from the US government, finance minister Nirmala Sitharaman has categorically said that in national interest, India will continue to buy...
India has already started buying oil from Russia, Sitharaman said, adding that the transition to gas was challenging as supplies had reduced
The eight core sectors include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.
Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27.
Petrol and diesel prices have been hiked by Rs 4.80 per litre since March 22 -- a record increase in any eight days since the daily price revision was...