Month: May 2025

[ad_1] India, the world's third-largest oil importer, is poised to save up to Rs 1.8 lakh crore on its crude oil and liquefied natural gas (LNG) import bill if the current trend of declining global energy prices persists, according to rating agency Icra.In the fiscal year ending March 31, 2025, India spent $242.4 billion on crude oil imports, covering over 85% of its domestic needs. Additionally, the country spent $15.2 billion on LNG imports. However, recent softening in international oil prices has led to significant savings.Earlier this week, oil prices fell to a four-year low of $60.23 per barrel due to concerns over rising global supply amid uncertain demand. While prices have since rebounded to $62.4 per barrel, they remain approximately $20 lower than in March 2024, when petrol and diesel prices were reduced by Rs 2 per litre ahead […]

[ad_1] Global stock markets showed mixed performance on Wednesday as investors awaited the US Federal Reserve’s policy announcement, widely expected to leave interest rates unchanged, despite renewed pressure from former President Donald Trump to cut borrowing costs.In Europe, Germany’s DAX was nearly flat at 23,250.56, while France’s CAC 40 slipped 0.5% to 7,661.64. London’s FTSE 100 fell 0.3% to 8,573.67. Meanwhile, futures for the S&P 500 and Dow Jones Industrial Average each gained around 0.6%.Asian markets saw modest gains following news that the US and China plan to resume trade talks in Switzerland later this week. Hong Kong’s Hang Seng Index initially surged more than 2% after Beijing introduced interest rate cuts and other stimulus measures aimed at mitigating the impact of higher tariffs imposed by Trump on Chinese exports. However, gains were largely subdued by market close.Tokyo’s Nikkei 225 […]

[ad_1] Operation Sindoor has had minimal impact on Indian stock markets. (AI image) Operation Sindoorimpact: Market reactions to Indo-Pak military tensions have historically been measured. During past confrontations between the two nations since 1999, the Nifty 50 has typically experienced modest declines of approximately 5%, followed by robust recoveries yielding double-digit gains within six months.Despite border tensions, financial markets have maintained their focus on core economic indicators.According to an ET analysis, this pattern is being observed again following India's coordinated precision strikes against nine terrorist locations in Pakistan and Pakistan-occupied Kashmir (PoK), responding to the Pahalgam terror incident that resulted in 26 civilian casualties. Operation Sindoor has had minimal impact on Indian stock markets. The Nifty and Sensex recovered quickly after a brief initial decline, remaining focused on capital flows and economic fundamentals.This stability reflects established patterns.Also Read | Operation […]