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Indian Refiners Secure Oil Supplies Amid Iran Conflict

By Uniquetimesorg June 11, 2026 0

Indian refiners have secured sufficient crude oil supplies through at least August despite disruptions linked to the Iran conflict. To strengthen energy security, refiners have increased purchases from Abu Dhabi National Oil Company (ADNOC) and other global suppliers in recent weeks. Industry sources said Indian companies have also built up liquefied petroleum gas (LPG) Continue Reading

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Gold Gains as Dollar Weakens, Oil Slips Amid Hopes of US-Iran Peace Deal

By Uniquetimesorg June 4, 2026 0

Gold prices moved higher on Thursday, supported by a softer U.S. dollar and declining oil prices as investors evaluated growing optimism around a potential resolution to the conflict involving the United States, Israel, and Iran. Spot gold rose 0.7% to $4,464.69 per ounce, while U.S. gold futures gained 0.6%. Market sentiment improved after Israel and […]Continue Reading

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BPCL Boosts Spot Oil Purchases Amid Middle East Supply Disruptions

By Uniquetimesorg May 20, 2026 0

India’s state-run refiner Bharat Petroleum Corporation Limited is reviewing its crude oil import strategy almost daily as disruptions linked to the Iran conflict continue to impact global energy supplies. BPCL Chairman Sanjay Khanna said the company has significantly increased spot crude purchases after force majeure declarations from some Gulf suppliers affected planned Continue Reading

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Tata Motors posts strong Q4 profit jump despite warning of near-term cost pressures

By Uniquetimesorg May 13, 2026 0

Tata Motors Ltd reported a sharp rise in fourth-quarter profit, even as it cautioned about near-term cost pressures driven by global disruptions, including the ongoing Iran conflict. The company’s net profit for the quarter ended March 31 rose nearly 70% year-on-year to 24.06 billion rupees ($251.4 million), compared with 14.19 billion rupees a year earlier. […]Continue Reading

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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