A surge in global crude oil prices triggered heavy selling in oil-sensitive sectors on Dalal Street, with aviation, paints and oil marketing companies witnessing significant declines.

Triggered by the sharp spike in crude prices, the benchmark BSE Sensex plunged more than 2,200 points to around 76,892, while the Nifty 50 dropped nearly 2.8% to the 23,960 level in early trade. The ...

With nearly 9 mn Indians residing in the Middle East - contributing 38% of India's total remittances - the region holds ...

Amid outbreak of hostilities in the Middle East and the evolving global energy situation, union petroleum minister Hardeep ...

Some voices have chosen to characterise the current global energy situation as a crisis of India’s making or India’s ...

Historically, said Axis Securities, periods of sharp crude oil price increases have triggered inflation spikes, rupee depreciation, and pressure on oil-dependent sectors, while benefiting upstream ...

The IMF mentioned that it has "observed disruptions to trade and economic activity, surges in energy prices, and volatility ...

Markets plunge as crude oil surges past $115/bbl; Nifty closes above 24,000 as Sensex hits 10-month low. Track updates now.

With tensions in West Asia threatening global oil supplies, Russia has offered to step in with energy support for India, as ...

Government said that the country is well stocked with crude oil and inventories of key petroleum products including petrol, ...

Sources said the move comes as a precautionary step following the intensifying conflict involving the United States, Israel ...

IMF says it is too early to assess economic impact of West Asia tensions; India says it has eight weeks of oil inventory and robust supplies.