Trump can waive some environmental rules for gasoline and diesel. These measures would buy time at home. But, internationally, the damage from rising prices would continue.
India is not alone in encountering this dynamic, but its high oil import dependence and increasing energy demand render its exposure particularly significant.
They are two of the largest commodity trading houses: a secretive group of companies responsible for buying, selling and transporting resources to where they are needed.
Rupee had a major fall this week, led by strong US macro data, rising crude prices. China's currency moves, Japan’s possible rate hike & domestic growth concerns may maintain pressure.
The domestic economy continues to show resilience as reflected in the robust growth projections for the coming year. However, global challenges could pose headwinds...
If the war is over within two weeks, the impact on India will likely be restricted to the stock market. Any longer, and the spillover could be broader.
Oil marketing companies earned profits by not reducing fuel prices despite falling crude oil prices earlier. Analysts say they should have kept profits as buffer, with oil prices on rise again.
In FY 2025-26, AoN for 55 proposals amounting to Rs 6.73 lakh cr has been accorded by DAC. Both the quantum of AoN given and capital contracts signed, so far, have been the highest in any FY.
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