Latest Market News
Commodity and Currency Market Update – August 1, 2025
Crude Oil:Crude prices posted modest gains this week, closing at $69.67 on August 1, 2025, up 1.80% from last week’s close of $68.44. On a monthly basis, crude...
Reliance, Chiripal, IOC & Opal Revise Polymer Prices from August 1 , 2025
Key Indian polymer producers — Reliance Industries Ltd (RIL), Chiripal Poly Films, ONGC Petro additions Ltd (Opal), and Indian Oil Corporation (IOC) — have announced major price revisions...
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India’s Oil Strategy Shifts as PSUs Suspend Russian Spot Crude Amid U.S. Sanctions
In response to the recently imposed 25% tariff on Indian exports by U.S. President Donald Trump, along with additional penalties targeting India’s strategic energy ties with Russia, state-run...
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Indian Rupee Falls to Record Low Amid U.S. Tariff Shock
In a major move that could strain bilateral ties, U.S. President Donald Trump has imposed a 25% tariff on Indian exports to the United States. The announcement comes...
Oil Prices Surge Over 4% on U.S.-Russia Tensions and EU Trade Pact
Crude oil prices rallied sharply on Tuesday, gaining over 3% amid escalating geopolitical tensions and a major energy trade agreement between the U.S. and the European Union. President...
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Russian Oil Imports to India Grow at 96% CAGR, Now Account for 35% of Crude Basket
India’s crude oil sourcing is undergoing a major realignment, with Russian oil imports growing at a 96% compound annual growth rate (CAGR) over the past five years. As...
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GAIL’s Petrochemical Segment Under Pressure in Q1 FY26
GAIL (India) Limited reported a subdued performance in its petrochemical segment for the quarter ended June 30, 2025 (Q1 FY26), reflecting the ongoing challenges in the global chemical...
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HMEL Announces Domestic Price Protection on PP Effective July 24
HPCL-Mittal Energy Limited (HMEL) has announced price protection on its PP (Polypropylene) grades, effective from July 24, 2025. This protection will remain in force until July 31, 2025,...
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Nayara Energy to Invest ₹70,000 Cr in India Despite EU Sanctions
Nayara Energy, supported by Russia’s Rosneft, has confirmed that it will continue with its planned ₹70,000 crore investment in India, even after being added to the European Union’s...
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Commodity and Currency Price Overview – July 24, 2025
The markets exhibited a varied trend this week, with natural gas witnessing sharp losses, crude oil edging slightly lower, and the Indian Rupee posting mild gains against the...
