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India Raises Fuel Prices Again Amid Crude Surge

By Uniquetimesorg May 23, 2026 0

Indian state-owned fuel retailers increased petrol and diesel prices for the third time this month as companies attempt to offset losses caused by rising global crude oil prices linked to the Iran war. In New Delhi, petrol prices rose by 0.87 rupees to 99.51 rupees per litre, while diesel prices increased by 0.91 rupees to […]Continue Reading

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RBI Projects 6.9% GDP Growth Amid Global Uncertainty

By Uniquetimesorg April 8, 2026 0

Reserve Bank of India Governor Sanjay Malhotra on Tuesday projected India’s GDP growth at 6.9% for the current financial year during the Monetary Policy Committee (MPC) announcements. Quarterly growth is expected at 6.8% in Q1, 6.7% in Q2, 7% in Q3, and 7.2% in Q4, supported largely by sustained momentum in the services sector despite […]Continue Reading

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Oil Price Surge Sends Rupee to Record Low, Hits Indian Markets

By Uniquetimesorg March 12, 2026 0

Indian financial markets weakened as a sharp rise in global crude oil prices pushed the rupee to a record low and pressured equities and bonds. Brent crude climbed to around $100 per barrel amid escalating Middle East tensions, raising concerns about India’s energy import costs and broader economic impact. The rupee slipped 0.3% to a […]Continue Reading

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India Can Manage $80 Oil, But Prolonged Hormuz Disruption May Strain Economy: UBS

By Uniquetimesorg March 10, 2026 0

India can withstand crude oil prices around $80 per barrel, but a prolonged disruption in the Strait of Hormuz could create broader economic challenges, according to a report by UBS. The brokerage raised its near-term forecast for Brent crude to about $80 per barrel for March and expects the 2026 average price to reach $72, […]Continue Reading