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New Delhi [India], April 2 (ANI): Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head - Commodity, SMC Global Securities. "After USD 130, USD 150, I think many political alliance, they will come forward and they will stop it... USD 150 is itself a very alarming situation and many things are happening... otherwise, it will be a mayhem," Bharti t ...Read More >
Mumbai, Apr 2 (PTI) The rupee logged one of its steepest single-day gains in many years and settled 152 paise higher at 93.18 against the US dollar on Thursday after the Reserve Bank stepped in with a slew of measures to restrict banks from onshore forward markets. The domestic unit, however, remained under pressure due to the unabated withdrawal of foreign capital, a strengthening dollar, and rising crude oil prices amid a volatile geopolitical situation, forex analysts said. At the interbank ...Read More >
New Delhi [India], April 2 (ANI): Crude oil prices could rise to USD 150 per barrel in an extreme scenario if the ongoing geopolitical tensions persist, potentially prompting global intervention, according to Vandana Bharti, Research Head - Commodity, SMC Global Securities. "After USD 130, USD 150, I think many political alliance, they will come forward and they will stop it... USD 150 is itself a very alarming situation and many things are happening... otherwise, it will be a mayhem," Bharti t ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): The stock markets recovered from early losses on Thursday and ended the session in the green, reflecting resilience in investor sentiment despite global uncertainties. The Nifty 50 index closed at 22,713.10, gaining 33.70 points or 0.15 per cent, while the BSE Sensex settled at 73,319.55, up by 185.23 points or 0.25 per cent. Also Read | What Is 'Floccinaucinihilipilification'? Meaning Explained After Delhi Court Uses Rare Word in Nirmala Sitharaman ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): The stock markets recovered from early losses on Thursday and ended the session in the green, reflecting resilience in investor sentiment despite global uncertainties. The Nifty 50 index closed at 22,713.10, gaining 33.70 points or 0.15 per cent, while the BSE Sensex settled at 73,319.55, up by 185.23 points or 0.25 per cent. Markets had opened on a weak note amid rising geopolitical tensions. However, a recovery during the day helped indices close ...Read More >
New Delhi: The Indian Rupee saw its biggest single-day gain in nearly 13 years on Thursday, closing at 93.10 against the US dollar, as authorities stepped up efforts to curb currency speculation. The sharp rally came after the Reserve Bank of India tightened rules in both domestic and offshore markets. "The move was largely driven by improved risk sentiment following US President Donald Trump's speech, which hinted at negotiations rather than escalation, triggering a relief rally. However, unc ...Read More >
New Delhi [India], April 2 (ANI): Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West Asia conflict, even as retail fuel prices remain unchanged, according to the Ministry of Petroleum and Natural Gas. Addressing reporters at an inter-ministerial briefing on Thursday, Sujata Sharma, Joint Secretary in the Ministry, said that OMCs are facing under-recoveries of about Rs 24 per litre on petrol and ...Read More >
Mumbai: Foreign portfolio investors have pulled out Rs 17,689 crore of their bets from Fully Accessible Route (FAR) government securities since the beginning of the conflict in the Middle East, reflecting heightened risk aversion among the global investors and growing concerns over inflationary pressures linked to surging crude oil prices. According to data from the Clearing Corporation of India (CCIL), FPI investment in FAR government securities declined to Rs 3,13,318.661 crore as on April 1, ...Read More >
Mumbai, Apr 2 (PTI) The rupee logged one of its steepest single-day gains in many years and settled 156 paise higher at 93.14 (provisional) against the US dollar on Thursday after the Reserve Bank stepped in with a slew of measures to restrict banks from onshore forward markets. The domestic unit, however, remained under pressure due to the unabated withdrawal of foreign capital, a strengthening dollar, and rising crude oil prices amid a volatile geopolitical situation, forex analysts said. At ...Read More >
(RTTNews) - Indian shares reversed steep early losses to end modestly higher on Thursday. Domestic markets staged a gap-down opening, with benchmark indexes Sensex and Nifty declining around 2 percent in early trade, as U.S. President Donald Trump's address to the nation on the war in the Middle East damped hopes for a swift resolution to the conflict. The dollar and bond yields surged, and oil prices jumped more than 7 percent after Trump said the U.S. military goals were "nearing completion, ...Read More >
Mumbai: India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. Also Read: India's economy shows early strain; ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. Also Read ...Read More >
Gold and silver prices in Hyderabad remained on investors' radar on 2 April 2026, as bullion rates continued to fluctuate amid mixed domestic and global market cues. After the recent volatility seen in precious metals, local retail prices in Hyderabad are still being closely tracked by buyers planning jewellery purchases and bullion investments. Here is a fresh look at the Hyderabad Gold Rate Today and Hyderabad Silver Rate Today for Thursday, 2 April 2026. Hyderabad Gold Rate Today (2 April 2 ...Read More >
Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP began April sitting above the key support level at about $1.30, yet the token remains well below where it opened the year. Historically, however, April has been one of altcoin's strongest months, and a mix of on-chain data and a potentially decisive legislative event this month could result in a new turnaround. Market analyst Sam Daodu laid out the historical performance in a ...Read More >
Bengaluru: Private fuel retailers Nayara Energy and Shell have increased petrol and diesel prices across major Indian cities, including Bengaluru in Karnataka, triggering fresh concern among consumers already grappling with rising living costs. The hike comes at a time when global crude oil prices are surging due to escalating geopolitical tensions in West Asia, even as public sector oil companies, owned by the Karnataka government, continue to hold retail prices steady. In Bengaluru, petrol p ...Read More >
Mumbai (Maharashtra) [India], April 2 (ANI): India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a report by CareEdge Ratings. The report highlighted that if crude oil prices average around USD 100 per barrel, India's GDP growth for FY27 could decline to 6.5 per cent. At the same time, inflation is expected to rise above 5 per cent, reflecting the impact of higher energy costs on the economy. The report ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The Middle East conflict and elevated oil prices will likely lead to the Reserve Bank of India maintaining the policy repo rate unchanged at 5.25 per cent in its April 2026 MPC meeting, a report said on Thursday. The report from Bank of Baroda predicted that the economic landscape has reached the end of the rate cut cycle, and RBI will now remain on a prolonged pause. The central bank will likely maintain a neutral stance and remain vigilant about the evolvin ...Read More >
Mumbai: Markets saw a strong intraday recovery after opening weak. The Nifty 50 touched a low of 22,182 and later recovered to trade around 22,526. Similarly, the Sensex rebounded from its low of 71,545 to trade near 72,638, showing a steady pullback from early losses. Value Buying At Lower Levels After the sharp decline, investors stepped in to buy quality stocks at lower prices. This value buying helped the indices move up from their lows. Many fundamentally strong stocks attracted fresh int ...Read More >
Bengaluru: India's manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed. Here are the key details: * The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 53.9 in March from 56.9 in February, broadly in line with a preliminary estimate of 53.8. * New orders - a key ga ...Read More >
BENGALURU, April 2 (Reuters) - India's manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed. Here are the key details: * The HSBC India Manufacturing Purchasing Managers' Index(PMI), compiled by S&P Global, fell to 53.9 in March from 56.9in February, broadly in line with a preliminary estimate of53.8. * New orde ...Read More >
Mumbai, April 2: Gold and silver prices on Thursday fell up to 5.6 per cent after US President Donald Trump's prime-time address on the Middle East conflict failed to deliver fresh signals of an imminent resolution, disappointing bullion bulls who hoped for a ceasefire announcement. On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 2.31 per cent, or Rs 3,563, to hit an intraday low of Rs 1,50,145 till 10:30 am. On the intraday high, the yellow metal traded 0.79 per cen ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The government's calibrated 8.5 per cent hike in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts. Analysts at global brokerage firm Nomura have estimated that state-owned fuel retailers continue to lose heavily on ATF sales amid a war-driven surge in global oil prices. At current prices, the brokerage has estimated that OMCs are losing around Rs 64 per litre on dome ...Read More >
Mumbai: Gold and silver prices on Thursday fell up to 5.6 per cent after US President Donald Trump's prime-time address on the Middle East conflict failed to deliver fresh signals of an imminent resolution, disappointing bullion bulls who hoped for a ceasefire announcement. On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 2.31 per cent, or Rs 3,563, to hit an intraday low of Rs 1,50,145 till 10:30 am. On the intraday high, the yellow metal traded 0.79 per cent, or Rs ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Gold and silver prices on Thursday fell up to 5.6 per cent after US President Donald Trump's prime-time address on the Middle East conflict failed to deliver fresh signals of an imminent resolution, disappointing bullion bulls who hoped for a ceasefire announcement. On the Multi Commodity Exchange (MCX), gold futures (June 5) fell as much as 2.31 per cent, or Rs 3,563, to hit an intraday low of Rs 1,50,145 till 10:30 am. On the intraday high, the yellow metal tr ...Read More >
Indian equity benchmarks fell sharply as U.S. President Donald Trump's speech on Middle East tensions unsettled investors. Sensex and Nifty 50 dropped over two percent. Experts highlight the lack of a ceasefire as a key factor. Rising oil prices add pressure, as markets await further developments. Indian equity benchmarks experienced a significant drop in the early hours of Thursday trade, following U.S. President Donald Trump's address about the ongoing conflict in the Middle East. The BSE Sen ...Read More >
Will the RBI hike rate as crude crosses $100 and the rupee weakens -- or hold steady to protect growth? The Reserve Bank of India will hold its first monetary policy meeting of FY27 from April 6 to April 8. The meeting comes at a time when India is grappling with global uncertainties, including escalation in tension in the Middle East, crude prices surging and the rupee at all-time low. Crude prices above $100 per barrel have led to a sharp spike in LPG prices. Supply disruptions in the Strait ...Read More >
Rupee Crash Alert: The Indian Rupee breached the 95/USD mark on Monday, marking its steepest fiscal-year decline in a decade. The sharp weakness in the domestic currency could weigh on gold jewellery buyers, as a weaker rupee makes dollar-priced gold more expensive in India. The crude oil price rally due to supply constraints amid the Iran-US war is troubling the Indian Rupee. Additional factors like relentless selling by foreign investors in the Indian stock market and global uncertainty also ...Read More >
Summary India's central bank is scrutinizing corporate treasury positions amid rupee pressure from capital outflows and rising crude prices. The Reserve Bank of India aims to assess arbitrage exposure rather than immediate regulation, following new rules on banks' open positions in the forex market. With the rupee under pressure from capital outflows and higher crude prices, India's central bank is expanding its scrutiny beyond banks to corporate treasury positions in the foreign exchange mark ...Read More >
New Delhi: Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.20. A rally ...Read More >
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