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New Delhi, Apr 9: Silver prices declined by Rs 7,800 to Rs 2.43 lakh per kilogram in the national capital on Thursday, while gold fell to Rs 1.54 lakh per 10 grams as investors booked profits amid concerns over the durability of the fragile ceasefire in West Asia. Sharp decline in domestic bullion prices According to the All India Sarafa Association, the white metal depreciated by Rs 7,800, or 3.10 per cent, to Rs 2,43,200 per kg (inclusive of all taxes) from Wednesday's closing level of Rs 2, ...Read More >
India imports 50 per cent of its LNG stocks from the international market. New Delhi: Union Petroleum and Natural Gas Minister Hardeep Singh Puri is on a two-day visit to Qatar today and tomorrow amid concerns over energy supplies triggered by the Iran war. Why his visit matters India imports 50 per cent of its LNG stocks from the international market, oil economist Kirit Parikh said. Out of this, 40 per cent stocks are sourced from Qatar. However, much of India's imports have been severely ...Read More >
India's petroleum sector remains well supplied with LPG and crude inventories even amid the current geopolitical uncertainties, said Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas. Addressing a press conference on Thursday, Sharma said, "As you are aware, LPG supply has been affected due to the present geopolitical situation, and nearly 60% of the country's LPG requirement is met through imports. In view of this, domestic consumers have been prioritised, and 100% su ...Read More >
MUMBAI: Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to close with deep cuts on Thursday after investors pared exposure to financial, banking, and IT stocks as renewed tensions in West Asia faded the ceasefire-led optimism. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic market. Snapping its five-session winning run, the 30-share BSE Sensex dropped 931.25 ...Read More >
New Delhi, Apr 9 (PTI) Silver prices declined by Rs 7,800 to Rs 2.43 lakh per kilogram in the national capital on Thursday while gold fell to Rs 1.54 lakh per 10 grams as investors booked profits amid concerns over the durability of the fragile ceasefire in West Asia. According to the All India Sarafa Association, the white metal depreciated by Rs 7,800, or 3.10 per cent, to Rs 2,43,200 per kg (inclusive of all taxes) from Wednesday's closing level of Rs 2,51,000 per kg. Gold of 99.9 per cent ...Read More >
NEW DELHI, April 9 (Reuters) - India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among econo ...Read More >
Mumbai, Apr 9 (PTI) Equity benchmark indices Sensex and Nifty buckled under heavy selling pressure to close with deep cuts on Thursday after investors pared exposure to financial, banking, and IT stocks as renewed tensions in West Asia faded the ceasefire-led optimism. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic market. Snapping its five-session winning run, the 30-share BSE Sensex dro ...Read More >
NEW DELHI: India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation worries, but ample foreign exchange buffers and a well-capitalised banking system could help mitigate some of it, the World Bank said. Doubts lingered over a fragile two-week Middle East ceasefire, raising concerns that energy flows through the crucial Strait of Hormuz will remain restricted. India, which imports about 90% of its oil, is among economies most exposed to ...Read More >
Mumbai, April 9: The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensions impacting investor sentimen ...Read More >
Arti Bali New Delhi, April 9 (UNI) A fragile two-week ceasefire between the United States, Israel and Iran was jeopardised on Wednesday, less than a day after it took effect, as continued Israeli strikes in Lebanon raised immediate questions about whether the truce could hold. The breakdown in confidence stemmed from sharply conflicting accounts of what was actually agreed. Tehran accused Israel of violating the terms, but Israel denied that Lebanon was ever part of the agreement. The accusati ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Also Read | Max Verstappen's F1 Retirement Speculation Intensifies Amidst Ongoing Red Bull Engineer Exit Rumo ...Read More >
MUMBAI: Equity benchmark indices ended lower on Thursday, with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed the Strait of Hormuz again in response to Israeli attacks on Lebanon. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the domestic ma ...Read More >
NEW DELHI: Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07 percent, at $96.71 a barrel at 06:25 a.m. Saudi time, while US West Texas Intermediate crude rose $2.60, or 2.75 percent, to $97.01 a barrel. However, analysts said market participants are hesitant to fully unwind pricing for geopolitical risk, and there is no clar ...Read More >
New Delhi, Apr 9 (PTI) Silver prices retreated by Rs 2,895 to Rs 2.37 lakh per kilogram in futures trade on Thursday, tracking weak global trends and profit booking after recent gains. On the Multi Commodity Exchange, the white metal for May delivery declined by Rs 2,895, or 1.21 per cent, to Rs 2,37,023 per kilogram in a business turnover of 5,793 lots. Analysts said silver witnessed selling pressure following a sharp rally triggered by easing geopolitical tensions in West Asia. Silver saw a ...Read More >
New Delhi, Apr 6 (PTI) Silver prices jumped Rs 2,273 to Rs 2.34 lakh per kilogram in futures trade on Monday, tracking firm global trends amid geopolitical tensions in West Asia. On the Multi Commodity Exchange, the white metal for May delivery appreciated by Rs 2,273, or 1 per cent, to Rs 2,34,768 per kg. Analysts said the gains in silver prices came as investors tracked developments in West Asia following fresh warnings from US President Donald Trump over the Strait of Hormuz. Gaurav Garg, ...Read More >
India shifts stranded LPG cargoes amid West Asia disruptions Green Asha, an India-flagged vessel carrying 15,400 tonnes of liquefied petroleum gas (LPG) that had successfully crossed the Strait of Hormuz earlier this week, arrived at Mumbai's Jawaharlal Nehru Port Authority (JNPA) on April 9, the port said in a statement. The arrival of the tanker is expected to boost India's efforts to secure adequate energy supplies. The port described the development as significant, coming amid the ongoing ...Read More >
Mumbai, Apr 9 (PTI) Equity benchmark indices ended lower on Thursday, with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed the Strait of Hormuz again in response to Israeli attacks on Lebanon. Weak trends in Asian and European markets, a jump in crude oil prices and uninterrupted foreign fund outflows also made investors jittery in the ...Read More >
Srinagar, Apr 9 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Thursday said the US should exert some control over Israel to ensure the success of the ceasefire with Iran. He also said that Pakistan, who facilitated peace talks between the warring nations, has done what others could not. "The US should exert some control over Israel. The way they are conducting indiscriminate bombing campaigns in Lebanon and the manner in which innocent lives are being taken there, how can a ceasefire ...Read More >
Indian equity benchmarks - Nifty 50 and the BSE Sensex ended lower today, reversing a sharp rally seen in the previous session. The decline was triggered by renewed geopolitical tensions in the Middle East, rising crude oil prices, and persistent foreign investor outflows. Markets had surged on April 8 following news of a temporary two-week ceasefire agreement between the U.S. and Iran, raising hopes of de-escalation. However, sentiment quickly turned negative after reports claimed a breach in ...Read More >
New Delhi, Apr 9 (PTI) Gold prices pared early losses to trade higher at Rs 1.51 lakh per 10 grams in futures trade on Thursday, supported by cautious buying amid a fragile ceasefire between the US and Iran. On the Multi-Commodity Exchange, the yellow metal contract for June delivery opened lower, but later reversed losses to trade in the green territory. The most traded June contract for gold rose Rs 211, or 0.14 per cent, to Rs 1,51,987 per 10 grams in a business turnover of 7,421 lots. Ana ...Read More >
Mumbai (Maharashtra) [India], April 9 (ANI): The equity markets witnessed renewed selling pressure on Thursday, with both benchmark indices closing in the red amid rising uncertainty in the ongoing Middle East conflict. The Nifty 50 index closed at 23,775.10, declining by 222.25 points or 0.93 per cent, while the BSE Sensex ended at 76,631.65, falling by 931.25 points or 1.20 per cent. Market experts attributed the decline to fading optimism around the ceasefire and renewed geopolitical tensio ...Read More >
Srinagar, April 9: Jammu and Kashmir Chief Minister Omar Abdullah said on Thursday that the US President Donald Trump cannot be trusted and perhaps he himself doesn't know what he intends to do. Talking to the media here, Omar Abdullah said, "Perhaps he (Donald Trump) doesn't himself know what he is doing. He says one thing in the morning, another in the afternoon and something else in the evening." CM Abdullah said he had also said in the past that Donald Trump cannot be trusted. He said Trump ...Read More >
New Delhi [India], April 9 (ANI): Union Minister of Communications, Jyotiraditya M Scindia, stated that India will have more than a billion users of 5G by the year 2030. Speaking at AIMA's 11th National Leadership Conclave, the Minister highlighted that India became the second-largest mobile phone producer globally. "India had the fastest 5G rollout in the world. 500,000 towers, ₹450,000 crore worth of capex. In a short period of four years, 400 million consumers. And our 5G consumers will go ...Read More >
New Delhi [India], April 9: Amid a global energy shock that has disrupted fuel availability and triggered shortages across several regions, India has ensured continued access to LPG for its households, maintaining stability at scale under challenging external conditions. Also Read | Oppo Pad Mini Tipped To Launch on April 21; Know What To Expect. Given India's ~60% import dependence on LPG and the concentration of global supplies through the Strait of Hormuz, the Government moved swiftly to se ...Read More >
New Delhi [India], April 9 (ANI): An India-flagged LPG vessel 'Green Asha' carrying 15,400 tonnes of LPG has successfully crossed the Strait of Hormuz and reached Jawaharlal Nehru Port Authority (JNPA), marking a key milestone amid ongoing geopolitical tensions in West Asia. According to a government statement shared on social media, the vessel has moored at JNPA's liquid berth operated by BPCL-IOCL on Thursday. Also Read | David Miller in Tears: DC Batter Spotted Crying in Dressing Room After ...Read More >
Srinagar, Apr 9 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Thursday said the US should exert some control over Israel to ensure the success of the ceasefire with Iran. Amid Pakistan-facilitated peace talks to resolve the US-Iran conflict, he also said that Pakistan has done what others could not. "The US should exert some control over Israel. The way they are conducting indiscriminate bombing campaigns in Lebanon and the manner in which innocent lives are being taken there how can ...Read More >
New Delhi [India], April 9 (ANI): Anil Kumar Jain, Chairperson of the Petroleum and Natural Gas Regulatory Board (PNGRB), on Thursday said there has been a significant shift in consumer preference towards piped natural gas (PNG), with adoption rising rapidly across the country. In an exclusive conversation with ANI, Jain said that while compressed natural gas (CNG) continues to expand steadily across cities, PNG has witnessed a sharp increase in demand in recent months. Also Read | Ai+ Nova 2 ...Read More >
New Delhi: In a significant development, Iran's Ambassador to Pakistan, Reza Amiri Moghadam, has deleted a post in which he had earlier claimed that Tehran's negotiating team would arrive in Islamabad on Thursday night. The post, shared on X, did not specify the members of the delegation and was removed shortly after being published, without any official explanation. The now-deleted post had earlier indicated that an Iranian delegation would travel to Islamabad for discussions linked to a prop ...Read More >
New Delhi, Apr 9 (PTI) India has been able to navigate the current global situation due to a matured democracy, diplomacy, diversification and decisive action, Union Minister Jyotiraditya Scindia said on Thursday. Speaking at an AIMA event, Scindia said Indian vessels have been moving through Strait of Hormuz to reach Indian shores. "...the current instability has sent shockwaves through the global system. Shockwaves that have disrupted supply chains, erupted geopolitical tensions. At the sam ...Read More >
New Delhi [India], April 9 (ANI): Anil Kumar Jain, Chairperson of the Petroleum and Natural Gas Regulatory Board (PNGRB), on Thursday said there has been a significant shift in consumer preference towards piped natural gas (PNG), with adoption rising rapidly across the country. In an exclusive conversation with ANI, Jain said that while compressed natural gas (CNG) continues to expand steadily across cities, PNG has witnessed a sharp increase in demand in recent months. "In March, we connected ...Read More >
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