crude oil prices

Diesel price hiked by Rs 5, opposition slams ‘anti-people’ move (Roundup)


September 14th, 2012 - 12:01 am ICT by IANS
New Delhi, Sep 13 (IANS) In a politically-sensitive move, the government Thursday announced a hike in heavily-subsidised diesel price by Rs.5 a litre to check fiscal deficit and limited ... Read more...

Posted in Politics |

Government hikes diesel price by Rs.five a litre (Second lead)


September 13th, 2012 - 11:05 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government Thursday announced a hike in diesel price by Rs.five a litre and restricted availability of cooking gas cylinders per family to six ... Read more...

Posted in Business |

Oil jumps on Iran tension


July 4th, 2012 - 9:50 am ICT by IANS
New York, July 4 (IANS) Crude oil prices rose Tuesday as rising Iran tension caused supply fears, Xinhua reported.Iran has again threatened to block a critical shipping route in response ... Read more...

Posted in Business |

Country facing economic emergency: BJP


June 27th, 2012 - 12:15 am ICT by IANS
New Delhi, June 26 (IANS) Asserting that the country was facing an "economic emergency", the BJP Tuesday said that the government is trying to protect the business interests of ... Read more...

Posted in Politics |

Sensex 194 points up on rates cut hope (Lead)


June 12th, 2012 - 6:34 pm ICT by IANS
Mumbai, June 12 (IANS) A benchmark index of Indian equities markets Tuesday gained as much as 194.79 points amid hopes of a rates cut by the Reserve Bank of ... Read more...

Posted in Business |

Sensex rises 64 points on rate cut hopes


June 12th, 2012 - 2:50 pm ICT by IANS
Mumbai, June 12 (IANS) A benchmark index of Indian equities markets was trading 0.38 percent higher in the afternoon session Tuesday, led by hopes of a rate cut after ... Read more...

Posted in Business |

China cuts fuel prices


June 9th, 2012 - 2:31 pm ICT by IANS
Beijing, June 9 (IANS) Petrol and diesel prices have been cut for the second time in a month in China amid growing government efforts to reverse a sharp slowdown in ... Read more...

Posted in Business |

China to cut fuel prices


June 8th, 2012 - 5:19 pm ICT by IANS
Beijing, June 8 (IANS) China will cut patrol and diesel prices by 530 yuan ($84) and 510 yuan per tonne respectively from Saturday, authorities said.The move, which marks the second ... Read more...

Posted in Business |

Sensex hits one-month high on strong global cues (Lead)


June 7th, 2012 - 6:45 pm ICT by IANS
New Delhi, June 7 (IANS) Aided by positive global cues, a benchmark index of Indian equities markets made gains for the second straight day Thursday, closing at a one-month ... Read more...

Posted in Business |

Sensex rallies 175 points on rate cut hopes


June 7th, 2012 - 3:31 pm ICT by IANS
Mumbai, June 7 (IANS) A benchmark index of Indian equities markets was trading over one percent higher in the afternoon session Thursday, after registering the sharpest rally in six ... Read more...

Posted in Business |

Sensex surges 434 points on rate cut and policy push hopes (Lead)


June 6th, 2012 - 7:04 pm ICT by IANS
Mumbai, June 6 (IANS) A benchmark index of Indian equities markets surged almost three percent Wednesday, the biggest gain in almost six months, on hopes of rate cuts by ... Read more...

Posted in Uncategorized |

Oil edges up


June 6th, 2012 - 7:26 am ICT by IANS
New York, June 6 (IANS) Crude oil prices edged up after seesawing Tuesday as US service sector data came in supportive, but weak European data deepened demand concerns.The Institute for ... Read more...

Posted in Business |

Sensex bounces back on rate cut hopes (Lead)


June 4th, 2012 - 6:50 pm ICT by IANS
Mumbai, June 4 (IANS) A benchmark index of Indian equities markets closed in the positive Monday, recovering from the five-month lows, after the Reserve Bank of India indicated rate ... Read more...

Posted in Business |

Mamata not happy with partial rollback of petrol prices (Lead)


June 2nd, 2012 - 10:59 pm ICT by IANS
Kolkata, June 2 (IANS) Expressing her dissatisfaction over the partial cut in the petrol price hike, West Bengal Chief Minister Mamata Banerjee Saturday requested Prime Minister Manmohan Singh to ... Read more...

Posted in Politics |

Decision on petrol price rollback in a few days: Reddy (Lead)


May 25th, 2012 - 9:14 pm ICT by IANS
New Delhi, May 25 (IANS) Petroleum Minister S. Jaipal Reddy Friday said the government is monitoring the situation and would take a "definitive" view in a few days."I will ... Read more...

Posted in Business |

Would cut petrol prices if crude prices fall: IOC


May 24th, 2012 - 9:12 pm ICT by IANS
New Delhi, May 24 (IANS) Amidst country-wide outrage over the steepest rise of petrol prices by Rs.7.5 a litre, Indian Oil Corp Thursday said it will not roll back the ... Read more...

Posted in Business |

FICCI calls for radical policy reforms in energy sector


May 7th, 2012 - 7:18 pm ICT by IANS
Hyderabad, May 7 (IANS) Voicing its concern over the emerging energy crisis in India, the Federation of Indian Chambers of Commerce and Industry (FICCI) Monday called for radical policy reforms ... Read more...

Posted in Uncategorized |

Ratings downgrade was inevitable: Wipro


April 25th, 2012 - 8:04 pm ICT by IANS
Bangalore, April 25 (IANS) Downgrading of India's sovereign rating to negative from stable by global rating agency Standard & Poor's (S&P;) was a cause for concern though inevitable due to ... Read more...

Posted in Business |

India’s growth pegged at 7.3 percent, inflation at 6.5 percent


April 17th, 2012 - 1:47 pm ICT by IANS
Mumbai, April 17 (IANS) India's central bank has projected the country's economic growth at 7.3 percent this fiscal, even as it has assessed the inflation rate to rule at around ... Read more...

Posted in Business |

Oil prices slide


March 30th, 2012 - 5:06 am ICT by IANS
New York, March 30 (IANS) Crude oil prices plunged Thursday amid rising expectations that the US and Europe will release strategic reserves.Following the US and Britain, France said Wednesday that ... Read more...

Posted in Business |

20 Indian geeks to flag innovations at EmTech


March 26th, 2012 - 12:21 pm ICT by IANS
Bangalore, March 26 (IANS) About 20 Indian whiz kids will showcase their innovations in diverse fields, including a special shoe for the visually impaired, at the fourth Emerging Technologies (EmTech) ... Read more...

Posted in Uncategorized |

PM warns of economic troubles, seeks broad consensus


March 20th, 2012 - 2:37 pm ICT by IANS
New Delhi, March 20 (IANS) In the backdrop of the global economic crisis in recent years, Prime Minister Manmohan Singh Tuesday warned of "pitfalls" if India did not rise ... Read more...

Posted in Business |

RBI mid-quarter policy review highlights


March 15th, 2012 - 1:28 pm ICT by IANS
Mumbai, March 15 (IANS) Highlights of the Reserve Bank of India (RBI) mid-quarter review of monetary policy announced Thursday:- Key policy rates kept unchanged: repo rate remains steady at 8.5 ... Read more...

Posted in Uncategorized |

Industry welcomes rail fare hike


March 14th, 2012 - 9:15 pm ICT by IANS
New Delhi, March 14 (IANS) Terming it a practical budget, industry bodies Wednesday welcomed Railway Minister Dinesh Trivedi's decision to hike passenger fares even as the issue triggered a controversy, ... Read more...

Posted in Business |

US gold and copper prices ease


March 13th, 2012 - 12:29 am ICT by Aishwarya Bhatt
New York, Mar 12 (THAINDIAN NEWS) In some good news for gold lovers, the price of the priced commodity has dropped. And along with gold, price of copper has eased as well. ... Read more...

Posted in Business |

Government subsidy burden at 10-year high


March 6th, 2012 - 6:15 pm ICT by IANS
New Delhi, March 6 (IANS) The Indian government's subsidy burden is expected to reach 2.5 percent of the country's gross domestic product (GDP) for the fiscal ending March 31, the ... Read more...

Posted in Business |

US stocks flat as Europe debt fears linger (Lead)


February 28th, 2012 - 7:58 am ICT by IANS
New York, Feb 28 (IANS) US stocks ended flat Monday as positive US housing sales data offset the lingering European debt concerns, Xinhua reported.The Dow Jones industrial average was trading ... Read more...

Posted in Business |

Sensex posts first weekly fall in 2012; slumps 366 points (Weekly market review)


February 25th, 2012 - 4:52 pm ICT by IANS
Mumbai, Feb 25 (IANS) Indian equities markets benchmark indices registered their first weekly fall in this calender year due to profit booking on concern that rise in crude oil ... Read more...

Posted in Business |

Oil prices rise


February 25th, 2012 - 2:58 pm ICT by IANS
New York, Feb 25 (IANS) Crude oil prices rose Friday after a confidential report of the UN nuclear watchdog showed expansion of Iran's uranium enrichment program.The International Atomic Energy Agency ... Read more...

Posted in Business |

Pay compensation for ending oil contracts: Iran


February 20th, 2012 - 11:26 pm ICT by IANS
Tehran, Feb 20 (IANS) European companies must compensate Iran for breaking oil contracts after the fresh round of EU sanctions, a top official said Monday.Iran did not initiate the sanctions. ... Read more...

Posted in Business |

Oil rises on positive US jobs data


February 4th, 2012 - 5:28 pm ICT by IANS
New York, Feb 4 (IANS) Crude oil prices rose as the US jobs data for January came in better than expected, Xinhua reported.The Labor Department reported that US non-farm jobs ... Read more...

Posted in Business |

Highlights of the third quarter review of monetary policy


January 24th, 2012 - 2:41 pm ICT by IANS
Mumbai, Jan 24 (IANS) The following are the highlights of the third quarter review of the monetary policy unveiled by the Reserve Bank of India Tuesday:-- Cash reserve ratio lowered ... Read more...

Posted in Business |

RBI may revise inflation projection


December 8th, 2011 - 9:57 pm ICT by IANS
Kolkata, Dec 8 (IANS) Stating that it had already factored in rupee depreciation and soaring crude oil prices into its projection of 7 percent overall inflation by March next year, ... Read more...

Posted in Business |

Rationalise tax structure for aviation sector: Assocham


November 12th, 2011 - 8:35 pm ICT by IANS
Bangalore, Nov 12 (IANS) With private carrier Kingfisher Airlines cancelling dozens of flights across the country and its competitors Jet Airways and SpiceJet sliding into red, an industry body Saturday ... Read more...

Posted in Business |

Fresh petrol price hike of Rs.1.80 per litre


November 3rd, 2011 - 11:35 pm ICT by IANS
New Delhi, Nov 3 (IANS) Oil marketing companies Thursday raised petrol prices by Rs.1.80 per litre effective from midnight, just over a month and a half since the last ... Read more...

Posted in Business |

« Previous Entries

Subscribe