Iraq Crisis
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Iraq Crisis Led to Rupee Depreciation: Minister of State for Finance
The recent Iraq crisis has led to marginal depreciation of the rupee and government is calibrating "appropriate policy responses" to cope with the situation, Parliament was informed on Tuesday.
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BPCL Slumps as Iraq Crisis Sends Oil Prices to 9-Month High
India imports nearly 75 per cent of its crude and rising oil prices adversely impact the profitability of state-run retailers who sell diesel, kerosene and LPG at subsidised rates. Only petrol is sold at market rates in India.
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Asian Shares Mostly Lower on Growing Iraq Crisis
The uncertainty fuelled by the insurgency that has seized a swathe of Iraq sent traders into safer assets, with the yen ticking higher against the dollar and the euro while gold also rose.
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Rupee May Fall to 65/Dollar in 3-6 Months: Rajwade
The rupee fell to 60.23 to a dollar, a level last seen on May 6, as demand for dollars from oil companies weighed. Traders were also seen buying the greenback as they looked to square off their short dollar positions.
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Asian Shares Soft on Anxiety Over Iraq, Ukraine
Oil prices remained near nine-month highs as militants from the Islamic State of Iraq and the Levant have seized a large part of northern Iraq, forcing US President Barack Obama to consider options for military action to support Iraq's besieged government.
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RBI Governor Rajan Says India Watching Iraq, Prepared For Shocks
Reserve Bank of India Governor Dr Raghuram Rajan said the country is watching the Iraq situation, but despite the uncertainty the domestic economy is better prepared to deal with any shocks on the external front.
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Rupee Weakens Close to 60.50 as Iraq Crisis Intensifies
The rupee falls to 60.42 versus its previous close of 60.03/04 as the intensifying Iraq crisis leads to fears of supply disruption in oil supplies and domestic shares fall sharply.
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Budget 2014: Iraq-Driven Oil Spike Threatens to Blow Hole
Ahead of his maiden budget next month, Finance Minister Arun Jaitley is grappling with a food inflation scare, and now faces the risk that higher oil prices could swell the government's subsidy bill.
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Sensex, Nifty Fall as Iraq Crisis Escalates
The selloff in Indian markets was broad-based though healthcare stocks, which are considered defensive bets in a falling market, held on to modest gains.
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Sensex Falls 275 Points on Iraq Conflict; Fed on Watch
India imports 80 per cent of its oil requirements and higher oil prices could make things more complicated for Prime Minister Narendra Modi who won last month's elections on promises of lower price rise, faster economic growth and new jobs.
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Sensex Rises Over 100 Points, Nifty Edges Closer To 7,600
BSE Sensex and Nifty moved higher on Thursday on positive global markets after the Federal Reserve gave a positive assessment of the US economy and committed to retaining accommodative monetary policy.
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Sensex, Nifty Rise as Rupee Rebounds Against Dollar
BSE Sensex and Nifty moved higher on Thursday on positive global markets after the Federal Reserve gave a positive assessment of the US economy and committed to retaining accommodative monetary policy.
-
Nifty, Sensex Fall Amid Iraq Concerns, ONGC Slumps
BSE Sensex and Nifty were lower in noon trade today weighed down by losses in oil & gas shares. The rupee also pared some its early gains.
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Sensex, Nifty Trade in Narrow Range
BSE Sensex and Nifty were mostly flat while trading was in a very narrow range. Though global markets were mostly higher, concerns over rising oil prices capped gains in Indian markets and put pressure on the rupee.
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Sensex Extends Losses for 2nd Week in a Row, Drops 123 Points
Shares of Power, Refinery, Auto, Capital Goods and PSU declined due to heavy selling pressure from investors.
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Iraq Crisis Led to Rupee Depreciation: Minister of State for Finance
The recent Iraq crisis has led to marginal depreciation of the rupee and government is calibrating "appropriate policy responses" to cope with the situation, Parliament was informed on Tuesday.
-
BPCL Slumps as Iraq Crisis Sends Oil Prices to 9-Month High
India imports nearly 75 per cent of its crude and rising oil prices adversely impact the profitability of state-run retailers who sell diesel, kerosene and LPG at subsidised rates. Only petrol is sold at market rates in India.
-
Asian Shares Mostly Lower on Growing Iraq Crisis
The uncertainty fuelled by the insurgency that has seized a swathe of Iraq sent traders into safer assets, with the yen ticking higher against the dollar and the euro while gold also rose.
-
Rupee May Fall to 65/Dollar in 3-6 Months: Rajwade
The rupee fell to 60.23 to a dollar, a level last seen on May 6, as demand for dollars from oil companies weighed. Traders were also seen buying the greenback as they looked to square off their short dollar positions.
-
Asian Shares Soft on Anxiety Over Iraq, Ukraine
Oil prices remained near nine-month highs as militants from the Islamic State of Iraq and the Levant have seized a large part of northern Iraq, forcing US President Barack Obama to consider options for military action to support Iraq's besieged government.
-
RBI Governor Rajan Says India Watching Iraq, Prepared For Shocks
Reserve Bank of India Governor Dr Raghuram Rajan said the country is watching the Iraq situation, but despite the uncertainty the domestic economy is better prepared to deal with any shocks on the external front.
-
Rupee Weakens Close to 60.50 as Iraq Crisis Intensifies
The rupee falls to 60.42 versus its previous close of 60.03/04 as the intensifying Iraq crisis leads to fears of supply disruption in oil supplies and domestic shares fall sharply.
-
Budget 2014: Iraq-Driven Oil Spike Threatens to Blow Hole
Ahead of his maiden budget next month, Finance Minister Arun Jaitley is grappling with a food inflation scare, and now faces the risk that higher oil prices could swell the government's subsidy bill.
-
Sensex, Nifty Fall as Iraq Crisis Escalates
The selloff in Indian markets was broad-based though healthcare stocks, which are considered defensive bets in a falling market, held on to modest gains.
-
Sensex Falls 275 Points on Iraq Conflict; Fed on Watch
India imports 80 per cent of its oil requirements and higher oil prices could make things more complicated for Prime Minister Narendra Modi who won last month's elections on promises of lower price rise, faster economic growth and new jobs.
-
Sensex Rises Over 100 Points, Nifty Edges Closer To 7,600
BSE Sensex and Nifty moved higher on Thursday on positive global markets after the Federal Reserve gave a positive assessment of the US economy and committed to retaining accommodative monetary policy.
-
Sensex, Nifty Rise as Rupee Rebounds Against Dollar
BSE Sensex and Nifty moved higher on Thursday on positive global markets after the Federal Reserve gave a positive assessment of the US economy and committed to retaining accommodative monetary policy.
-
Nifty, Sensex Fall Amid Iraq Concerns, ONGC Slumps
BSE Sensex and Nifty were lower in noon trade today weighed down by losses in oil & gas shares. The rupee also pared some its early gains.
-
Sensex, Nifty Trade in Narrow Range
BSE Sensex and Nifty were mostly flat while trading was in a very narrow range. Though global markets were mostly higher, concerns over rising oil prices capped gains in Indian markets and put pressure on the rupee.
-
Sensex Extends Losses for 2nd Week in a Row, Drops 123 Points
Shares of Power, Refinery, Auto, Capital Goods and PSU declined due to heavy selling pressure from investors.
