Crude Oil की कीमत में उछाल, क्या आपके शहर में बढ़े पेट्रोल-डीजल के दाम? यहां चेक करें 23 नवंबर का रेट

Crude Oil की कीमत में उछाल, क्या आपके शहर में बढ़े पेट्रोल-डीजल के दाम? यहां चेक करें 23 नवंबर का रेट

अंतरराष्ट्रीय बाजार में कच्चे तेल की कीमतों में बढ़ोतरी देखने को मिल रही है. आज यानी 23 जुलाई 2024 की बात करें तो  ब्रेंट क्रूड 75.17 डॉलर प्रति बैरल जबकि  WTI क्रूड 71.24 डॉलर प्रति बैरल पर कारोबार कर रहा है. राष्ट्रीय तेल कंपनियों द्वारा हर रोज पेट्रोल-डीजल की कीमतें अपडेट की जाती हैं. भारतीय तेल कंपनियों के लेटेस्ट अपडेट के … Read more

US rates, Dollar & Crude: How a rare trinity could pose a significant macro challenge to India

US rates, Dollar & Crude: How a rare trinity could pose a significant macro challenge to India

New Delhi: A rare trinity of rising crude oil prices, a strengthening dollar, and hardening US interest rates could pose a significant macroeconomic challenge to emerging markets, including India, say economists. The US 10-year treasury yield hit a 16-year high on Monday and was perched at 4.67%, at the time of going to press on … Read more

No scope for reducing prices in tyre market in current scenario: Anuj Kathuria, JK Tyre & Industries

No scope for reducing prices in tyre market in current scenario: Anuj Kathuria, JK Tyre & Industries

“There are certain trade-offs, but we will have to design tyres which are specifically meant for electric vehicles whether it is the commercial range or even in the passenger range. And we have been doing this,” says Anuj Kathuria, President, JK Tyre & Industries Tell us how the rubber prices have been moving, because as … Read more

Crude is going to be the theme which will drive a lot of factors in Indian market: Devina Mehra

Crude is going to be the theme which will drive a lot of factors in Indian market: Devina Mehra

“Q4, you will have a mixed bag. As I said, if the crude remains at lower prices, it is in Q1 that you will start to see that impact overall,” says Devina Mehra, Chairperson, First Global.What to your mind is going to be the central market talking point for next couple of months in the … Read more

Kotak Securities’ base case view on Nifty50 implies moderate upside in 2023

Kotak Securities’ base case view on Nifty50 implies moderate upside in 2023

At a time when global equities tumbled, and some even entered into a bear market, India stood strong and has given net positive returns primarily because of the promising domestic growth story. Kotak Securities expects the Indian economy to do well in the medium term, supported by a favourable policy environment. However, macroeconomic headwinds persist, … Read more

Uncertain macroeconomic conditions continue to create volatility in global oil prices

Uncertain macroeconomic conditions continue to create volatility in global oil prices

Although prices cooled down from their 14-year high hit in March, crude oil prices remain extremely volatile on uncertain macroeconomic conditions. A cut in global oil demand forecast by agencies like Energy Information Administration (EIA) and OPEC, easing tensions between Russia and Ukraine, concerns over China’s demand, and a G7-proposed price cap on Russian oil … Read more

Crude reality | Book Review — Unfilled Barrels: India’s Oil Story by Richa Mishra

Crude reality | Book Review — Unfilled Barrels: India’s Oil Story by Richa Mishra

Oil crises are here to stay, particularly in India. The playbook is now familiar. Crude oil price goes up and so do fuel prices and there is a standardised template for passing on the blame. But logically one would say that to reduce the impact of these crises, we need to be less import dependent. … Read more

Oil eases as China lockdowns weigh on demand outlook

Oil eases as China lockdowns weigh on demand outlook

SINGAPORE: Oil edged lower on Friday as China‘s COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products exports from Russia underpinned prices. Brent crude futures dipped 4 cents to $107.55 a barrel by 0040 GMT after rising 2.1% in the previous session. The front-month … Read more

‘Half of Nifty 50 companies to gain from commodity surge and rupee fall’

‘Half of Nifty 50 companies to gain from commodity surge and rupee fall’

Mumbai: Half of the components on the Nifty 50 index are likely to benefit from rising commodity prices and the rupee depreciation in FY22, according to a study by Motilal Oswal Financial Services. Metals along with oil and gas companies are direct beneficiaries of rising prices, while indirect beneficiaries include export-oriented sectors, especially IT, which … Read more

$10 barrel rise in crude to add 40-60 bps to CPI, CAD by 0.4 per cent of GDP: Report

 barrel rise in crude to add 40-60 bps to CPI, CAD by 0.4 per cent of GDP: Report

Rising crude prices could derail most economic fundamentals besides putting a pressure on the currency and other markets. Though the direct impact on fiscal deficit is not expected to be significant. Estimates by economists at public sector lender- Bank of Baroda- shows that a 10 per cent increase in crude prices could add to retail … Read more