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Tag: crude oil prices

Rupee trades in narrow range against U.S. dollar in early trade

Posted on May 10, 2024 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Image for representational purposes only. | Photo Credit: REUTERS The rupee was trading in a narrow range against the U.S. dollar in early trade on May 10, as the support from positive domestic equities was negated by elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market and…

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Business

Rupee rises two paise to 82.89 against U.S. dollar in early trade

Posted on February 26, 2024 By admin
Rupee rises two paise to 82.89 against U.S. dollar in early trade

Forex traders said subdued equity market sentiment and strengthening American currency weighed on the domestic unit. Image for representation purposes only. File | Photo Credit: Reuters The rupee appreciated 2 paise to 82.89 against the U.S. dollar in early trade on February 26 on the back of foreign funds inflow and retreating crude oil prices…

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Business

Sensex, Nifty decline for third day on weak global trends, soaring crude oil prices

Posted on October 20, 2023 By admin
Sensex, Nifty decline for third day on weak global trends, soaring crude oil prices

BSE Sensex fell 231.62 points or 0.35% to settle at 65,397.62. During the day, it plunged 320.63 points or 0.48% to 65,308.61. File Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on…

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Business

Markets continue to fall on weak global trends, soaring crude oil prices

Posted on October 20, 2023 By admin
Markets continue to fall on weak global trends, soaring crude oil prices

A general view of the Bombay Stock Exchange. | Photo Credit: Reuters Equity benchmark indices fell in early trade on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments. Falling for the third day running, the 30-share BSE Sensex fell 320.63 points to…

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Business

Rupee declines by 8 paise on rebound in crude oil, greenback

Posted on August 29, 2023 By admin
Rupee declines by 8 paise on rebound in crude oil, greenback

The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29 due to a rebound in crude oil prices and greenback in the global markets. | Photo Credit: Getty Images The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29…

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Business

Vegetable prices likely to cool down next month, says Finance Ministry

Posted on August 20, 2023 By admin
Vegetable prices likely to cool down next month, says Finance Ministry

The retail inflation touched a 15-month high of 7.44% in July, a spike from 4.87% in June. File | Photo Credit: PTI The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices is a concern even though it is still…

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