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PTI
July 16, 2018
The Wholesale Price Index (WPI) based inflation stood at 4.43 per cent in May and 0.90 per cent in June last year.


PTI
New Delhi, July 15, 2018
Continuing their selling spree, foreign investors have pulled out nearly Rs 1,200 crore from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.


BusinessToday.In
July 14, 2018
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.


BusinessToday.In
July 13, 2018
While the Sensex closed 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. The Sensex gained 282.48 points on Thursday and closed at a record high of 36,283.25 after crude oil prices posted their biggest one-day drop in two years and robust start of the earnings season.


BusinessToday.In
New Delhi, July 12, 2018
With rupee hitting its lowest against dollar, prices of imported commodities, ranging from petroleum products to electronics went up, driving consumer inflation up. High crude oil prices also made an impact.


Aseem Thapliyal
July 12, 2018
The Nifty ended above 11, 000 level for the first time since February 1 and is now 2% away from record highs. Sensex hit all-time high of 36,699 intra day after opening at 36,424 level.


Niti Kiran
New Delhi, July 12, 2018
The steadily weakening Indian currency brings with it a host of worries


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


BusinessToday.In
July 12, 2018
US crude oil prices too fell 5% to $70.38 a barrel - their worst one-day fall in a year. The fall follows a months-long rally that saw oil prices rising to record highs in recent years.


BusinessToday.In
July 12, 2018
At 9:58 am, the Sensex was trading 258 points higher at 36,523 level with Nifty rising 75 points to 11,023 level. On January 29, Sensex and Nifty reached all time high levels of 36,443 and 11,171 levels, respectively on expectations from Union Budget and optimism over Q3 earnings.


PTI
New Delhi, July 8, 2018
Continued strengthening of the US dollar, lack of foreign investment inflows and concerns over rising oil prices are likely to keep the rupee under pressure and push it down to the 70 mark this week, said bankers.


BusinessToday.In
July 8, 2018
Last month, petroleum prices were cut 14 times after hitting an all-time high of Rs 78.43 a litre for petrol and Rs 69.31 for diesel on May 29. Petrol price dropped by Rs 2 a litre and diesel by Rs 1.46.


BusinessToday.In
July 6, 2018
\"We are pretty bearish (on the rupee) at this moment, given all the circumstances combined. Not only high oil prices but also the trade war that has been taking off,\" Hugo Erken, senior economist at Rabobank told Reuters.


BusinessToday.In
New Delhi, July 5, 2018
The OPEC nations that comprised 15-member countries and Non-OPECnations, led by Russia, have been withholding oil production to boost the prices. The US plan to reintroduce oil exporting sanctions against Iran from November has also given rise to crude oil prices.


BusinessToday.In
New Delhi, July 5, 2018
The three state-owned fuel retailers, IOC, Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had not revised petrol and diesel prices since June 26 before which it was on a steady decline.


BusinessToday.In
July 3, 2018
In early April, India's foreign exchange reserves had hit a life-time high of $424.864 billion, and was cited by Asian Development Bank's Chief Economist Yasuyuki Sawada as the reason why India did not need to worry much about currency fluctuations.


PTI
New Delhi, June 30, 2018
Subsidised cooking gas price was hiked by Rs 2.71 per cylinder today as a result of tax impact of base price rising due to spurt in international rates and fall in rupee.


PTI
New Delhi, June 29, 2018
If petrol, diesel are to be brought into GST, then states will be allowed the levy taxes on top of 28 per cent to prop up revenue. It will take some time to include petrol, diesel in GST as the states have divergent views, Modi said.


www.businesstoday.in
New Delhi, June 28, 2018
The rupee collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade today. Rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics. Watch BusinessToday.In video to find out about what led to the fall of the Indian currency.


BusinessToday.In
June 28, 2018
Rupee collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.


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