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Rupee Slumps as Oil Surge Hits Markets

By Uniquetimesorg April 13, 2026 0

The Indian rupee dropped sharply on Monday, weakening 0.7% to 93.3950 as global oil prices surged following escalating tensions involving the U.S. and Iran. The spike in crude prices—Brent rising over 7% to above $102 per barrel—triggered broad selling pressure in Indian markets, with the Nifty 50 index falling nearly 2% and bond yields climbing. […]Continue Reading

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India Boosts Fertiliser Subsidy Amid Rising Global Prices

By Uniquetimesorg April 8, 2026 0

India has increased its nutrient-based fertiliser subsidy for the summer crop season by 11.6% to ₹415.34 billion to protect farmers from rising global prices triggered by the U.S.-Israel conflict with Iran. The government aims to keep fertiliser prices stable, ensuring farmers can continue to purchase essential inputs like DAP at the current rate of ₹1,350 […]Continue Reading

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India Cuts Fuel Duties Amid Oil Price Surge

By Uniquetimesorg March 27, 2026 0

India has sharply reduced excise duties on petrol and diesel to shield consumers from rising global oil prices, while introducing windfall taxes on diesel and aviation fuel exports. The special excise duty on petrol fell from 13 rupees per litre to 3 rupees, and diesel duty was cut to zero from 10 rupees per litre. […]Continue Reading

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Gold Steady Amid Iran Tensions and Fed Policy Watch

By Uniquetimesorg March 17, 2026 0

Gold prices held steady on Tuesday as geopolitical concerns over the Iran war bolstered demand for safe-haven assets, while investor caution ahead of the U.S. Federal Reserve’s upcoming policy meeting tempered price movements. Spot gold remained near $5,001 per ounce, with U.S. gold futures for April delivery edging slightly higher to $5,005. The market response […]Continue Reading

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Gold Prices Slip Toward Second Weekly Loss Amid Strong Dollar

By Uniquetimesorg March 14, 2026 0

Gold prices declined on Friday and were headed for a second straight weekly fall as a stronger U.S. dollar and persistent inflation concerns dampened investor sentiment. Spot gold slipped 0.5% to $5,052.15 per ounce and was down more than 2% for the week, while U.S. gold futures for April delivery settled 1.3% lower at $5,061.70. […]Continue Reading

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IndiGo, Air India Seek Govt Support Amid Middle East Crisis

By Uniquetimesorg March 13, 2026 0

India’s largest airlines, IndiGo and Air India, are requesting government assistance as ongoing tensions in the Middle East disrupt flight routes. The Iran conflict, combined with an ongoing ban on Indian carriers in Pakistan’s airspace, is forcing longer international routes—IndiGo now flies to the UK via Africa, while Air India has added stops on some […]Continue Reading

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India Faces Restaurant Gas Crunch Amid Iran Conflict

By Uniquetimesorg March 10, 2026 0

India’s restaurants and hotels are warning of potential shutdowns as liquefied petroleum gas (LPG) supplies dwindle due to the ongoing U.S.-Israel conflict with Iran. Disruptions in Gulf shipping and rising energy costs have hit exports from major producers like Qatar and Saudi Arabia, constraining the country’s LPG imports, which cover two-thirds of domestic demand. Continue Reading

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Indian Refinery Stocks Slide as Crude Surges on Iran War Fears

By Uniquetimesorg March 9, 2026 0

Shares of major Indian refiners fell sharply on Monday after global oil prices surged amid the escalating conflict involving Iran, the United States, and Israel. Benchmark Brent Crude prices jumped close to $120 per barrel, reaching nearly a four-year high and raising concerns about the near-term profitability of Indian oil marketing companies that rely heavily […]Continue Reading

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IndiGo Resumes Flights to Key International Destinations Amid West Asia Tensions

By Uniquetimesorg March 4, 2026 0

IndiGo has begun operating flights to Athens, Muscat, Jeddah, and Madinah, along with select repatriation services to the UAE, as it gradually restores connectivity on routes disrupted by the ongoing Iran-related regional conflict. The airline said previously announced services have now commenced after operational conditions improved and necessary approvals were received, Continue Reading

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Iran Conflict Stalls Indian Basmati Exports

By Uniquetimesorg March 3, 2026 0

India’s basmati rice exports have been severely disrupted after U.S. and Israeli strikes on Iran triggered wider conflict across the Middle East. Around 400,000 metric tons of basmati rice — roughly split between cargo in transit and stocks at Indian ports — are currently stranded as shipping routes face turmoil and freight rates have more […]Continue Reading