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The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum ...Read More >
New Delhi: There appears to be no immediate end in sight to the ongoing conflict between the US, Israel, and Iran. The exchange of missile and drone attacks from both sides has plunged the Middle East into turmoil, resulting in a severely deteriorated situation across the region. Meanwhile, markets worldwide also appear to be feeling the impact. Since the outbreak of hostilities in the Middle East, a decline has been observed in gold prices. In this context, the question arises: what could be t ...Read More >
MUMBAI: The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy will be keenl ...Read More >
Mumbai: The Reserve Bank of India is expected to keep its key repo rate unchanged at 5.25 percent in the upcoming April monetary policy review. Economists believe rising inflation risks due to the West Asia crisis will make the central bank cautious. Global Factors Creating Uncertainty The ongoing tensions in West Asia have created uncertainty in global markets. Crude oil prices have surged above USD 100 per barrel, while the Indian rupee has weakened sharply, crossing 93 against the US dollar ...Read More >
New Delhi, Apr 5 (PTI) The domestic stock market is expected to remain volatile this week as investors track the Reserve Bank's monetary policy decision, key global macroeconomic data and the impact of the West Asia conflict, analysts said. Movements in crude oil prices and foreign fund flows will also influence domestic equities, they added. Vinod Nair, Head of Research, Geojit Investments Ltd, said the RBI's Monetary Policy Committee (MPC) meeting will command centre stage domestically, with ...Read More >
Mumbai, Apr 5 (PTI) The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy w ...Read More >
Facing renewed pressure on the rupee and heightened global uncertainties amid the ongoing conflict in the West Asia, the Reserve Bank of India (RBI) is widely expected to keep policy rates unchanged in its upcoming monetary policy review and keep the stance unchanged, according to a poll of ten economists. External Shocks The Monetary Policy Committee (MPC) is scheduled to announce its decision on April 8. At its last meeting, the six-member body had unanimously retained the repo rate at 5.25% ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum p ...Read More >
Thane, Apr 5 (PTI) A family from Maharashtra's Thane district was allegedly swindled of more than Rs 1.66 crore by a man who exploited their fear of "black magic" and promised them divine remedies through elaborate rituals and pilgrimages, police said on Sunday. The Kasarvadavali police district on April 2 registered a first information report (FIR) against Manjunath Shetty, a resident of Andheri in neighbouring Mumbai, based on the family's allegations that they were manipulated into paying th ...Read More >
Indian stock market: The Indian stock market ended on a lower note for a sixth straight week, slipping by nearly half a per cent amid heightened volatility driven by a blend of global and domestic uncertainties. The holiday-shortened week started on a weak footing, as rising US-Iran tensions and a surge in crude oil prices dampened sentiment, leading to widespread selling. On Thursday, the market closed FY26 on a subdued note, with the Sensex declining 1,635 points (2.22%) and the Nifty slippi ...Read More >
New Delhi [India], April 5 (ANI): Congress General Secretary Jairam Ramesh on Sunday said that both Chief Election Commissioner Gyanesh Kumar and External Affairs Minister S Jaishankar are unlikely to respond to the party's recent questions concerning BJP's Puducherry President and Raj Bhavan constituency candidate VP Ramalingam and Latchiya Jananayaga Katchi (LJK) chief Jose Charles Martin hosting a Sri Lankan diplomat in Puducherry. Replying to Congress spokesperson Pawan Khera's post on X, R ...Read More >
Mumbai, April 5 (SocialNews.XYZ) Indian stock markets ended their sixth consecutive week lower, with benchmark indices slipping nearly 0.5 per cent amid heightened volatility triggered by a mix of global uncertainties and domestic concerns. Investors are now bracing for another eventful week, where the Reserve Bank of India's policy decision, escalating geopolitical tensions, and surging crude oil prices are expected to dictate market direction. The holiday-shortened week began on a weak footi ...Read More >
New Delhi, Apr 5 (PTI) Foreign investors continued to exit Indian equities, withdrawing Rs 19,837 crore (USD 2.1 billion) in the first two trading sessions of April, weighed down by the West Asia conflict, rising crude oil prices, and persistent rupee depreciation. This came following a record withdrawal of Rs 1.17 lakh crore (about USD 12.7 billion) from domestic equities in March, making it the worst monthly outflow. Before this, FPIs pumped in Rs 22,615 crore in February, the highest monthly ...Read More >
Mumbai: The Indian stock markets appear to be transitioning into a consolidation phase with high volatility and low visibility, according to analysts. Global developments continued to dictate market direction, particularly the evolving US-Iran conflict, which kept crude oil prices volatile and elevated. This, in turn, raised concerns over inflation and fiscal stability for import-dependent economies like India. "While domestic flows and technical supports are providing stability, global factors ...Read More >
New Delhi [India], April 5 (ANI): Foreign portfolio investors (FPIs) continued heavy selling in Indian equities this week, with net outflows of Rs 23,801 crore, as global uncertainties and rising crude oil prices weighed on investor sentiment. According to data from National Securities Depository Limited, FPIs had already offloaded equities worth Rs 1,17,775 crore in March, marking the highest level of selling recorded this year. The sustained selling trend has been largely driven by the ongoi ...Read More >
Mumbai: The Reserve Bank of India is expected to keep interest rates unchanged in its upcoming Monetary Policy Committee (MPC) meeting from April 6 to 8, according to a report by SBI Research. This will be the first policy review after the ongoing conflict involving the US, Israel, and Iran. Due to global uncertainty, the central bank is likely to act carefully and avoid major changes for now. Focus on Stability Measures The report suggests that RBI may explore "Operation Twist." This is a to ...Read More >
Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >
NEW DELHI, 4 Apr: The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, saying that fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. The ministry of petroleum and natural gas said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised d ...Read More >
Guwahati, April 4: The Central government, on Saturday, sought to allay public concerns over fuel availability, urging citizens to avoid panic buying of petrol, diesel, and LPG, while asserting that supplies remain adequate despite disruptions triggered by escalating tensions in West Asia and the temporary closure of the Strait of Hormuz. In a detailed statement, the Ministry of Petroleum and Natural Gas said the government is taking proactive measures to ensure uninterrupted availability of es ...Read More >
NEW DELHI: The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, assuring that fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. In a statement, the Ministry of Petroleum and Natural Gas said it is taking proactive steps to ensure uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised domest ...Read More >
New Delhi, Apr 4 (PTI) The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. The Ministry of Petroleum and Natural Gas said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised d ...Read More >
A tanker with Iranian crude oil has been flashing India's west coast as its destination, according to maritime tracking sites, in what could be the first such import in nearly seven years. The Eswatini-flagged Ping Shun's transponders and AIS (automatic identity system) have signalled it is headed for the Vadinar offshore terminal and is expected to reach the facility by April 4, according to the Kpler-owned MarineTraffic and Winward, both providers of global commodity and ship data. At an int ...Read More >
New Delhi, Apr 4 (PTI) India said on Saturday that there are no payment issues with Iran for crude imports and that refiners continue to source oil from the country, as well as from a wide range of global suppliers. In a post on X, the Ministry of Petroleum and Natural Gas dismissed reports that an oil tanker carrying Iranian crude had rerouted mid-voyage from its previously indicated destination of India, which would have marked the first such shipment in nearly seven years, to China, saying t ...Read More >
Ambikapur (Chhattisgarh) [India], April 4 (ANI): The saying 'talent needs no introduction' found a fitting example at the Khelo India Tribal Games 2026, where wrestlers from Karnataka's Siddi community have made a powerful statement on the mat. Their success is no longer just about medals--it reflects the emergence of an entire community as a force in wrestling. Of African descent, there are about 50,000 Siddis in India, of which one-third live in Karnataka. Out of the nine wrestlers represent ...Read More >
Gold Price in India: Prices of 24 karat, 22 karat, and 18 karat gold staged a sharp rebound this week, driven by heightened geopolitical tensions from the Iran-US conflict and pressure on the Indian Rupee against a strengthening US dollar. However, gold rate in India remained largely steady on Saturday, April 4, while silver price today edged slightly lower. The precious metal saw a massive decline in mid-March as the Strait of Hormuz blockade fuelled a crude oil price rally. The surge in the c ...Read More >
Gold Prices: Amid rising tensions linked to the ongoing US-Iran war, which has already entered its fifth week, the gold prices are likely to record a 2.20% weekly surge. The MCX gold rate closed at ₹1,49,650 per 10 gm, and COMEX gold price finished at $4,679.70/oz. Meanwhile, gold is under Trump's spell, especially after his recent address to nation which reduced ceasefire hope and resulted in rising oil prices, while strengthening the USD. However, the US payroll jobs data is expected to offs ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak. Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion. The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams. This places gold prices in India around Rs 31,000 lower than their a ...Read More >
New Delhi, April 4: Even as geopolitical tensions intensify with the Middle East conflict entering its fifth week, gold prices in India remain nearly 17 per cent below their record peak. Gold prices ended the week on a positive note, but the broader trend reflects pressure on bullion. The COMEX gold price settled at $4,679.70 per ounce, while on the domestic front, MCX gold closed at Rs 1,49,650 per 10 grams. This places gold prices in India around Rs 31,000 lower than their all-time high of Rs ...Read More >
LAHORE - Punjab Chief Minister Maryam Nawaz Sharif on Friday unveiled a comprehensive relief package featuring free public transport, fuel subsidies and targeted financial support for transporters, aimed at easing the burden on citizens amid rising global economic pressures. The measures come in the wake of a national austerity and savings drive initiated by Prime Minister Shehbaz Sharif to cushion the impact of international economic challenges and rising fuel costs. Under the package, public ...Read More >
New Delhi, April 3: World food commodity prices rose in March for the second month in a row, largely due to higher energy prices linked to the conflict escalation in West Asia, the Food and Agriculture Organization of the United Nations (FAO) said on Friday. The FAO Food Price Index, which tracks monthly changes in the international prices of a basket of globally-traded food commodities, averaged 128.5 points in March, up 2.4 percent from February and 1.0 percent above its level a year ago. "Pr ...Read More >
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