Crude oil

US Secretary of State Marco Rubio advocated for American energy exports to help diversify India’s energy basket during his meeting with PM Modi, reiterating his earlier assertion that Washington wants to sell India “as much energy as they’ll buy” amid mounting uncertainty over disruptions in the Hormuz.

India is burning billions to stop its currency from sliding. The question is not whether it can afford to defend the rupee but whether it can choose not to

Petrol and diesel prices were raised for the third time this month as the Centre said a 76-day freeze had cushioned consumers despite soaring crude.

India relies on imports for nearly 85 per cent of its crude oil requirements, making domestic fuel prices vulnerable to fluctuations in global markets. The fresh hike is likely to put additional pressure on commuters, transporters and businesses across multiple sectors.

The company, which sells Manforce condoms and holds around 30% market share in the country, said it may eventually pass on higher costs to customers if the situation in the Middle East worsens.

At 1:45 PM, the BSE Sensex was up 514.96 points, or 0.68%, at 75,698.32. The index touched an intraday high of 75,810.97 and a low of 75,230.75.

The RBI is expected to focus more on inflation and broader economic stability even as the rupee continues to hit record lows against the US dollar amid the ongoing global oil shock.

As crude oil prices stay elevated and the rupee weakens further, a growing number of experts now argue India’s real risk is not crossing 100 against the dollar, but rising inflation and slowing growth.

The BSE Sensex was up 336.46 points at 75,519.82 around 9:26 am, while the NSE Nifty50 gained 86.30 points to trade at 23,741.00.

Dalal Street is set for a near-flat start as crude hovers near $105 and traders watch US-Iran talks. Foreign selling, mixed technical signals and domestic buying are keeping the market range-bound.

Venezuela became India's third-largest crude supplier in May, overtaking Saudi Arabia and the United States. The shift shows how lower prices and regional supply disruptions are reshaping India's crude sourcing.

Economist Surjit Bhalla, in an interview with India Today TV, criticised India’s economic trajectory and said the BJP’s electoral dominance may have lulled the party into a “comfort zone”, even as the economy faces mounting pressure from rising crude oil prices.

Even as India's economy faces mounting pressure from rising crude oil prices and disruptions in fertiliser and energy supplies, economist and author Surjit Bhalla has identified a worsening investment climate as the country's biggest challenge.

The rupee's sharp slide is raising concerns that the RBI may need to raise rates. That could lift home loan EMIs and make buying a house harder for borrowers.

The rupee has extended its losing streak as a stronger dollar, costly crude and foreign outflows weigh on it. The sharper slide against several Asian peers has turned the move into a wider inflation and trade concern.

As the West Asia conflict drags on, Gita Gopinath warns India may face sharper fuel hikes, rising inflation and a weaker rupee, while arguing the country still has enough economic strength to avoid panic.

If you have been tracking silver prices, Thursday may have come as a surprise. Silver dropped by over Rs 4,000 on the MCX, even as global uncertainty remained high. Here are the three key factors behind the sharp fall.

Most economists will still rule out the viral prediction about the rupee hitting 150 against the US dollar. But in a world shaped by wars, oil shocks and volatile capital flows, is the debate really that absurd anymore?

The BSE Sensex jumped 345.02 points, or 0.46%, to 75,663.41 in early trade, while the NSE Nifty50 rose 131.30 points, or 0.55%, to 23,790.30 as of 9:44 am.

More Indian companies are turning to Sebi's confidential IPO filing route as West Asia tensions unsettle markets. The option gives them more time and less public exposure before deciding when to launch.