Oil prices surge while Asian share prices rise moderately

Oil prices surge while Asian share prices rise moderately

Oil prices continued to surge on worries of a prolonged Iran war, but the Asian markets that were open Friday rose moderately in cautious trading, while others were closed for the Good Friday holidays. Benchmark US crude rose 11.4 per cent to $111.54 a barrel. The price of Brent crude, the international standard, jumped 7.8 […]

Coal India misses FY26 annual production target by wide margin

Coal India misses FY26 annual production target by wide margin

Prayagraj, Mar 18 (ANI): A laborer tends to a pile of coal in Prayagraj on Wednesday. (ANI Photo) | Photo Credit: ANI Coal behemoth Coal India’s total coal production for the last financial year witnessed a 1.7 per cent year-on-year fall at 768.1 million tonnes (mt), missing the annual production target by a wide margin. […]

India set to receive first Iranian crude oil after seven years

India set to receive first Iranian crude oil after seven years

India is set to receive its first consignment of crude oil from Iran—after almost seven years—an indication that the world’s third largest importer is making use of the 30-day window offered by the United States for buying Iranian oil “on water”. Global data and analytics provider Kpler’s Marine Traffic told businessline that an Aframax, Ping […]

Rupee Faces Volatile Trading, swings 170 Paise intra-day

Rupee Faces Volatile Trading, swings 170 Paise intra-day

Opening about 131 paise stronger against the previous close of 94.8125, the Indian currency closed at 94.83 per US dollar. The rupee saw wild swings on Monday, moving a whopping 170 paise intraday. It breached the 95 level per dollar for the first time before closing at a new low of 94.83 on the last […]

Rupee breaches 95 per dollar, settles at 94.78 amid oil surge and global tensions

Rupee breaches 95 per dollar, settles at 94.78 amid oil surge and global tensions

Analysts expect continued pressure due to geopolitical uncertainties, though the government maintained that India’s macroeconomic fundamentals remain strong. | Photo Credit: PashaIgnatov The rupee on Monday breached the 95/USD-mark in intra-day trade on Monday and settled at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off […]

NSE to introduce Dated Brent Crude Oil futures contract from Apr 13

NSE to introduce Dated Brent Crude Oil futures contract from Apr 13

The futures contracts will be listed on a monthly basis, with trading scheduled from Monday to Friday between 9:00 am and 11:30 pm/11:55 pm, depending on US daylight saving time. | Photo Credit: FRANCIS MASCARENHAS The National Stock Exchange (NSE) will introduce Dated Brent Crude Oil (Platts) futures from April 13, expanding its commodity derivatives […]