Petrol, Diesel Rates Hike: How Long Will India’s Oil Price Shock Last?

Amid the ongoing global oil crisis, Dipanwita Mazumdar, Bank of Baroda Economist, revealed that oil prices have risen by 39.7% with high crude oil rates generally lasting for 6-7 months.”Over the past 54 years, we found that on 18 out of 54 occasions, crude prices rose more than Read More

India and UAE Ink Strategic Petroleum Reserves MoU; Secures Additional LPG Supplies

Prime Minister Narendra Modi landed in the United Arab Emirates on Friday and secured deals on Liquefied Petroleum Gas (LPG) and Strategic Petroleum Reserves (SPR).This comes at a critical juncture for the Indian economy, which has faced severe pressure following the blockade of Read More

Can India Lift Nominal Growth To 12% Amid West Asia Crisis? – Morgan Stanley Weighs In

Amid the ongoing global crude oil crisis, earnings growth has turned after a six-quarter mid-cycle slowdown and is expected to grow further, according to a Morgan Stanley report.This growth would be aided by reflationary policies of the RBI and the government via “rate cuts, bank Read More

Asian Stocks Plunge on Inflation Fears; Yields Spike as Oil Hits $107

Asian shares dived on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year.European stocks are bracing for a much weaker open, with pan-region stock futures down 1%. Read More

India Bonds Slip Ahead Of Auction On Fuel Hike, US Debt Rout

The central government bonds fell in early trade on Friday, as a domestic fuel price hike rekindled inflation worries and US Treasury yields at one-year highs dented the appeal of emerging-market debt, dampening demand ahead of fresh debt supply.The yield on the benchmark 6.48% 2 Read More

CBI Raids Chandigarh & Panchkula Over IDFC First Bank and AU Small Finance Bank Fraud Case

The Central Bureau of Investigation (CBI) on Thursday cracked down on financial irregularities, searching seven strategic locations across Chandigarh and Panchkula. The searches target an organized corruption network operating under the IDFC First Bank and AU Small Finance Bank f Read More

Gautam Adani Relief: US Dept of Justice Likely to Drop Fraud Charges; Adani Stocks Surge Up to 3%

Shares of the Adani Group conglomerate surged in early trade on Friday, May 15, 2026, as the legal overhang that had haunted the group for over a year finally began to dissolve.Investors went on a buying spree following reports from Reuters, The New York Times, and Bloomberg that Read More

From IOCL TO HPCL: How OMC Stocks Are Trading After Fuel Price Hike On May 15

OMC Stocks: After the diesel and petrol rates were increased, the shares of public sector undertaking (PSU) oil marketing companies (OMCs) such as HPCL, IOCL, and BPCL declined on Friday, May15.The fuel price hike that elevated petrol, and diesel rates by Rs 3, respectively was s Read More

Beyond The 110-Mark: This Indian City Now Has Country’s Most Expensive Petrol, Overtakes Mumbai and Kolkata

New Delhi: Millions of Indian consumers woke up to a significant jump in transportation costs today as state-owned oil marketing companies (OMCs) implemented a nationwide hike of Rs 3 per litre for both petrol and diesel. The revision, the first major price correction in nearly f Read More

After Petrol-Diesel Price Hike, CNG Prices Go Up By Rs 2 As West Asia Crises Deepens

New Delhi: India’s fuel price burden has intensified further as CNG prices have now been hiked by ₹2 per kg in several regions following the recent increase in petrol and diesel rates, amid continuing disruption in the Strait of Hormuz – one of the world’s most critical oil trans Read More