Tag: crude prices

West Asia crisis not over, potential to escalate further: Oil Minister Hardeep Puri

September 24, 2026 admin

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri | Photo Credit: ANI The West Asia crisis is not over and has the potential to exacerbate, said Hardeep Singh Puri, Union Oil Minister at the Public Affairs Forum of India’s annual conclave here Thursday. He added that notwithstanding the prevailing situation, a potential silver…

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A predictable rise: On inflation

August 13, 2026 admin

A rise in India’s July retail inflation was a foregone conclusion, but its modest increase, at 4.45%, up from 4.38% in June, is still the highest in 19 months, since December 2024. This is the second consecutive month that retail inflation has stayed above the Reserve Bank of India (RBI)’s 4% target, even while remaining…

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Rupee rises 58 paise to 94.60 against U.S. dollar in early trade

June 15, 2026 admin

Representative image. | Photo Credit: Getty Images/iStockphotos The rupee rose 58 paise against the greenback to 94.60 in early trade on Monday (June 15, 2026) as global crude oil prices dropped sharply after U.S. President Donald Trump announced that the U.S. and Iran finalised a deal to end the war. A strong start to the…

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Lower Kharif sowing calls for deft management of foodgrain stock, prices: Finance Ministry report

September 17, 2022 admin

Representational image. | Photo Credit: Kommuri Srinivas A Finance Ministry report on September 17 underlined the need for deft management of stocks of agriculture commodities in view of lower crop-sowing for the Kharif Season, stressing there should be no room for complacency on the inflation front. Overall, inflationary pressures in India appear to be on…

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