Sensex and Nifty end higher despite surge in crude oil prices
Indian benchmark indices ended higher on Wednesday, although gains narrowed due to a sharp rise in global crude oil prices.…
Category: Business
Asian stocks gain, oil prices decline after UAE says it will exit OPEC
Asian stocks mostly rose on Wednesday despite Wall Street losses, while oil slipped after UAE announced exit from OPEC. Investors…
Rupee falls 13 paise to 94.81 against US dollar amid oil price pressure
The rupee weakened 13 paise to 94.81 against the US dollar in early trade, pressured by elevated crude oil prices…
Sensex, Nifty rebound in early trade on blue-chip buying, Asian market rally
Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday, supported by blue-chip buying and positive Asian cues. Domestic…
Govt mulls cutting cotton import duty to ease textile sector stress
The Ministry of Textiles is considering reducing or eliminating customs duty on cotton imports, in consultation with agriculture and finance…
Gold falls Rs 1,800, silver slumps amid strong dollar, oil surge
Gold prices in New Delhi fell ₹1,800 to ₹1.54 lakh per 10 grams while silver dropped ₹6,500, pressured by rising…
UAE to exit OPEC from May 1 amid rising tensions with Saudi Arabia
Saudi Arabia remains an OPEC heavyweight despite waning influence, as rivalry with the UAE deepens over economic interests and regional…
Gold, silver prices decline up to 2 pc as West Asia conflict push crude above $110
Gold and silver prices fell up to 2% on the Multi Commodity Exchange amid US-Iran tensions and rising crude oil…
Libya oil discovery reflects growing global footprints of Indian energy firms: Govt
India’s Oil India Limited and Indian Oil Corporation Limited, with partners, discovered oil and gas in Libya’s Ghadames Basin, boosting…
First LNG tanker crosses Hormuz chokepoint after weeks of disruption: Report
First LNG shipment since the West Asia conflict appears to have crossed the Strait of Hormuz, signalling easing tensions. The…