Business
Government Cuts Windfall Tax on Petrol, Diesel and ATF Exports
India cuts export levies on petrol, diesel and ATF from September 16 as global oil prices remain volatile amid Middle East tensions.
2 min read
Topic
brent crude
12 stories
International
Saudi Oil Pipeline Shutdown, Houthi Gains Push Red Sea Crisis Deeper
Saudi Arabia's East-West Pipeline could remain largely shut for weeks after an attack as Houthi gains along the Red Sea add pressure on oil…
International
Asian Markets Fall as Oil Stays Above USD 100 Amid US-Iran Tensions
Asian markets declined as oil remained above USD 100 a barrel amid US-Iran tensions, while Wall Street losses, inflation fears and rising…
International
Iran-US Peace Talks Stall as Strait of Hormuz Remains Closed, Oil Market Faces Fresh Uncertainty
Iran says efforts to revive the June peace agreement with the US have stalled, while the Strait of Hormuz remains closed, keeping global…
Business
Rupee Rises 46 Paise Against US Dollar Ahead of RBI Policy as Crude Oil Prices Fall
The Indian rupee strengthened by 46 paise against the US dollar ahead of the RBI's monetary policy announcement, supported by falling crude…
Business
Asian Markets Rally as Microsoft Earnings Revive AI Stocks; Samsung, SK Hynix Surge
Asian stock markets climbed after Microsoft's stronger-than-expected earnings boosted confidence in AI investments. Samsung, SK Hynix and…
Business
Asian Markets Fall as AI Investment Concerns Hit Tech Stocks; South Korean Chipmakers Lead Sell-Off
Asian stock markets declined after renewed concerns over heavy AI investments triggered a sell-off in technology shares. South Korean…
Business
Why Are IT Stocks Falling Today? Infosys, Tech Mahindra and TCS Drop as Global Tech Selloff Hits Markets
Infosys, Tech Mahindra and TCS declined in early trade as a Wall Street technology selloff spread to Indian markets. Rising AI spending…
International
US Launches Fresh Airstrikes on Iran as Tehran Targets Bahrain and Kuwait
The United States launched another round of airstrikes on Iran after the death of a US service member, while Tehran retaliated by targeting…
International
US Reimposes Iran Port Blockade as Strait of Hormuz Truce Nears Collapse
The United States has restored its blockade on Iranian ports after accusing Tehran of attacking ships near the Strait of Hormuz. Fresh…
International
OPEC+ Approves August Oil Output Increase as Brent Crude Holds Below $72
OPEC+ has approved a 188,000 barrels-per-day oil output increase for August as Brent crude remains below $72 per barrel following easing…
Business
Sensex, Nifty Extend Winning Streak as IT and PSU Bank Stocks Rally on Falling Crude Oil Prices
Sensex and Nifty rose for a fourth straight session, led by IT and PSU bank stocks as falling crude oil boosted sentiment.
