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Petrol and diesel demand surged in March amid panic buying linked to West Asia tensions, while LPG consumption slumped sharply due to supply disruptions. |
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Petrol and diesel demand surged in March amid panic buying linked to West Asia tensions, while LPG consumption slumped sharply due to supply disruptions. |
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Morgan Stanley cuts India's FY27 growth forecast to 6.2% and raises inflation outlook amid West Asia war risks, warning of higher oil prices and widening current account deficit. |
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Russian crude oil prices have reached their highest point in over 13 years, driven by the ongoing Iran conflict and a global oil crisis., Economy, Times Now |
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The ongoing conflict in the Middle East has created a chaotic Gulf oil market, with some countries benefiting from soaring prices while others face significant losses. , Economy, Times Now |
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Petrol and diesel prices remain unchanged in government outlets today, with petrol at Rs 94 - 106 per litre and diesel at Rs 78 - 97 per litre. Private companies have raised rates due to rising global crude prices. |
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Saudi Arabia has fixed the official selling price of May Arab Light crude oil, one of the most globally traded benchmark crude oils, to Asia at a record $19.50 a barrel, making it higher than the Oman/Dubai average, with an increase of $17 from the previous month. |
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The hike in crude oil prices implemented by Saudi Arabia poses a challenge for India. |
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JPMorgan Chase CEO Jamie Dimon has warned that the ongoing war in Iran could trigger oil and commodity price shocks, keeping inflation elevated and pu. |
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Sales of 5-kg LPG cylinders have increased significantly. The government is boosting supplies and taking action against hoarding. Domestic LPG and piped natural gas supplies are prioritized for households and essential services. Refineries are operating at high capacity. Petrol pumps are fully stocked. Citizens are advised to avoid panic buying and rely on official information. |
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In a thought-provoking discussion, Mumbai nutrition expert Sanya Wadhera sheds light on the misconceptions surrounding popular Indian dietary substitutions. While many believe that swapping sugar for jaggery is healthier, she points out that relying too heavily on olive oil, munching on digestive biscuits, sticking to plain oats, or indulging in protein cookies can be counterproductive. |