The spike in crude oil prices and higher gold import could widen the current account deficit to 3 per cent of GDP in the July-September quarter of the current fiscal from 2.4 per cent in the preceding...

Ever since the former president of the United States of America, Richard Nixon, delinked the US dollar from gold, the currency, paradoxically enough, turned into the dominant means of payment in world...

Investors should brace for volatile times in year 2019 that could see the markets moving to both global and local developments amid positive macro developments such as softer oil prices, lower interes...

Market benchmark Sensex plummeted over 1,941 points on Monday, wiping off investor wealth worth around 7 lakh crore, following global market meltdown triggered by rapidly-spreading coronavirus and fre...

The number of coronavirus cases in India rose to 43 on Monday with four people, including a three-year-old child in Kerala who had returned from Italy, testing positive for the disease, health ministr...

 India pitched for a stable oil market that provides reasonable price for producers and affordable rates for consumers.Speaking at the extraordinary meeting of energy ministers of G20 nations, oi...

State-owned refiners are working out an alternative strategy to fill up the void as Washington goes ahead with its plan to tighten sanctions on Iran by ending the waiver for Tehran crude from May 2. T...

Oil rose towards $27 a barrel on Friday as Opec and its allies began a record output cut to tackle a supply glut weighing on the market due to the coronavirus crisis.The global oil benchmark, Brent cr...

Mukesh Ambani, Asia’s richest tycoon, on Thursday decided to forgo his salary as a slump in crude prices and demand for fuels at home led to a fall in quarterly profits at Reliance Industries for th...

The oil import bill for the current financial year is expected to jump a massive 42 per cent to $125 billion because of a spike in global crude prices and the depreciation of the rupee. However, a wai...