July 12, 2022 9:52 am
Palm oil down 43 per cent from March peak, sets the stage for easing of global food inflation.
May 31, 2022 10:45 pm
Oil prices rose as Brent crude for July, which expires on Tuesday, rose $2.11, or 1.7%, to $123.78 a barrel after EU agreed to a partial and phased ban on Russia oil
May 02, 2022 8:09 am
Farmers have sown sesame in 1.07 lakh hectares (lh) so far, around 85 per cent increase over the last year’s average sowing area of 58,291 ha, the latest data from the state agriculture department shows.
April 08, 2022 1:02 am
'Heightened commodity prices, along with supply chain disruptions caused by geopolitical tensions between Russia and Ukraine pose a challenge to global economic activity'
April 07, 2022 9:06 am
Pranjul Bhandari writes: If oil prices remain elevated, it could drag growth down, raise inflation, and widen the twin fiscal and current account deficits.
March 18, 2022 2:18 pm
Futures in New York rose to trade near $106 a barrel after jumping 8.4% on Thursday. Crude rallied after the Kremlin said a report of major progress in negotiations over Ukraine was “wrong,” but that discussions will continue.
March 14, 2022 7:00 am
Finance Ministry expects oil prices to cool off in the next 2-3 months as the impact of the geopolitical tensions may get eased by higher production from the United States and the OPEC member countries.
March 14, 2022 7:56 am
According to data sourced from online travel agencies, fares on some of the trunk routes in the domestic sector have increased by 15-30 per cent just over the last two to four weeks.
March 09, 2022 11:09 am
Oil has surged on worries global supplies will be disrupted because Russia is one of the world's largest energy producers.
February 26, 2022 12:58 am
For every 10 percentage points increase in oil prices, retail inflation of India is expected to rise by 0.4 percentage points and GDP growth is expected to be reduced by 0.2 percentage points, Nomura said.