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Petrol prices to be cut 13 August 2014
Oil Minister Dharamendra Pradhan said on Wednesday that petrol prices will be cut by Rs 1.89 to Rs 2.39 per litre as the international rates are coming down. Oil companies have last time reduced prices on August 1st by Rs...
Keywords: Oil companies, Crude oil rate, Oil Minister Dharamendra Pradhan, International Crude oil price
Read MoreInflation at 5 year low 14 October 2014
The wholesale price inflation [WPI] hit 5 year low in September month at 2.38 per cent and as per government data, the food inflation fell to a nearly two-and-half year low of 3.52 per cent. Vegetables, milk, eggs, meat and...
Keywords: petrol price, petrol price, Reserve bank of india, diesel price
Read MoreBusiness roundup 17 April 2013
Rate of inflation fell sharply today during the early trade today in the morning, raising hopes of chances of rate cut in the RBI policy. Hopes of the crude oil prices coming down were also reignited. The gold prices too...
Keywords: RBI policy, RBI policy, Crude oil, gold price
Read MoreShare Market Collapses Due To Coronavirus And Crude Oil Prices 09 March 2020
Share Market Collapses Due To Coronavirus And Crude Oil Prices:- On Monday, the share market witnessed a huge slip because of the impact of coronavirus and the crashing crude oil prices. BSE and NSE edged below 5 percent in the...
Keywords: crude oil prices, Share market latest, coronavirus, coronavirus
Read MoreCrude oil's prices to be a burden on Indian Economy 22 November 2012
India is now again at that dangerous point where there may be no financial consolidations processes possible with the weakening value of Rupee against the green currency and the steadily rising price of crude oil. Though the tax income from...
Keywords: rupee, US dollar, rupee, US dollar
Read MoreStock Markets collapse 06 January 2015
The Indian stock markets have collapsed heavily on Tuesday as the crude oil prices have dropped to lowest ever in the last five and half years. The Bombay Stock Exchange has so far lost over 700 points and trading below...
Keywords: Nifty, Bombay Stock Exchange, Indian Rupee value, Bombay Stock Exchange
Read MorePetrol prices cut by Rs 1 15 October 2014
The fall in international oil rates last month led oil companies in the country to cut the price of petrol by Rs 2 per litre. This reduction came effective from last night and with VAT, the reduction could be more....
Keywords: diesel price, petrol price, petrol price in India, Petrol
Read MoreRupee dives into deeper trouble 08 July 2013
In what can be dubbed as another "downfall" for the rupee, it's value plummeted by a massive 97 paise, breaching the 61-mark to hit 61.19, as heavy demand for the American dollar continued to surge up overseas. The rising demand...
Keywords: overseas market, overseas market, Indian rupee, dollar
Read MoreDeflationary Trend Energising Market Conditions 16 March 2015
Inflation levels based on the WPI (Wholesale Price Index) continued to be India’s happy news as it falls from -0.39% to -2.06%. Global crude oil prices still are on its weaker level, which is catalyzing the Indian Economy as we...
Keywords: WPI inflation stands at, Taming Inflation, Indian economy importance, Indian economy importance
Read MoreSaudi promises more crude to India 14 February 2012
Saudi seems to have a positive friendship with India, the Union defense Minister is in Saudi to discuss regarding the various impending issues between the two nations. The Indian Defense Minister A K Anthony received a pompous welcome at Riyadh...
Keywords: A K Anthony, Defense ties, Crude Oil,
Read MoreCrude oil bathing woman, petro-dollars , sky scrappers and corruption ; The Azerbaijan story 26 November 2012
If the stories of Cleopatra bathing in virgin woman's blood or donkey milk to retain eternal beauty amaze you then be prepared for a shock of a lifetime. It seems the women of oil rich Azerbaijan have gone little further ...
Keywords: dubai, buj khalifa tower, buj khalifa tower, gucci offers crude oil baths
Read MoreRupee slips past 60 16 June 2014
The Indian Rupee is trading weak and after a month, it breached 60 against Dollar. Disruption in supply due to crisis in Iraq has led to rise of crude oil prices and which is resulting in weaker Rupee. Iraq is...
Keywords: BSE, Nifty, rise of crude oil prices, Dollar
Read MoreStock market end high 31 October 2014
The stock markets NSE and BSE posted biggest gains in the recent times, touching new highs. The Bombay Stock Exchange surged 519 points on Friday, closing at 27,865 points while National Stock Exchange closed at 8,322 points gaining 153 points....
Keywords: Indian stock markets, US Future prices, Indian stock markets, brent crude
Read MorePetrol, Diesel prices slashed 03 February 2015
The petrol and diesel prices have been slashed yet again by Rs 2.42 and Rs 2.25 respectively. Much to the relief the government this time did not hike the excise duty and the cut prices will come effective from Tuesday...
Keywords: Petrol prices in India, Rupee value, Petrol price slashed, Indian oil
Read MoreMajor blast at HPCL Vizag 17 May 2013
A major fire broke in Hindustan Petroleum Corporation (HPCL) refinery at Visakhapatnam last night at about 10.30 pm. A blast occurred which triggered crude oil in the pipe line that made a big disaster causing fire rise as high as...
Keywords: major fire broke in HPCL Vizag, second major blast in HPCL, 300 employees working in unit CD-1, second major blast in HPCL
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