On April 05, 2017 18:58 (IST)
It also said that food price pressures could build up anew if El Nino disrupts the south-west monsoon this year, while core inflation, which has been sticky, could also edge up if domestic demand improves.
On March 25, 2017 19:54 (IST)
FMCG major Hindustan Unilever Limited (HUL) has moved Bombay High Court against Amul over the commercial, which suggests to consumers to buy Amul ice cream and not the 'frozen dessert' as the latter was made from vegetable oil and was not healthy.
On March 15, 2017 20:57 (IST)
India imported 18,000 tonnes of petrol and 39,000 tonnes of diesel in the first nine months of the current fiscal year, Oil Minister Dharmendra Pradhan said in a written reply to a question in the Rajya Sabha.
On March 15, 2017 15:29 (IST)
The merger is likely to help the world's third-largest oil consumer better compete with global majors in acquiring foreign assets.
On March 13, 2017 14:06 (IST)
The slump in prices has occurred as more rigs are deployed to look for oil in the United States and as crude inventories in the US, the world's biggest oil consumer, have surged to a record.
On December 23, 2016 15:42 (IST)
Sensex snapped seven-day losing streak on the back of buying in capital goods, consumer durables and oil & gas shares.
On December 13, 2016 14:14 (IST)
In India, Asia's No.2 oil consumer behind China, fuel demand rose 12.1 per cent in November compared with the same month last year, hitting 16.64 million tonnes (4.07 million bpd).
On September 12, 2016 21:00 (IST)
India's oil demand growth is set to exceed 11 per cent this year as the world's third largest oil and gas consumer accelerates its economic development, Minister of Petroleum and Natural Gas Dharmendra Pradhan said on Monday.
On August 24, 2016 22:09 (IST)
Oil prices tumbled on Wednesday, with US crude falling more than 3 per cent, after an unexpectedly large inventory build in the world's biggest oil consumer renewed worries about oversupply.
On July 08, 2016 14:26 (IST)
Stocks struggled for direction on Friday and U.S. Treasury yields remained anchored close to this week's record low, marking their longest run of consecutive weekly declines in four years ahead of the latest U.S. unemployment report.
On June 08, 2016 22:29 (IST)
India has surpassed Japan to become the world's third largest oil consumer, with its oil demand galloping 8.1 per cent in 2015, according to BP's Statistical Review of World Energy released on Wednesday.
On May 14, 2016 12:57 (IST)
US stocks fell on Friday as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and JCPenney overshadowed upbeat April retail sales data.
On April 05, 2016 15:47 (IST)
Oil prices slipped to a one-month low on Tuesday after a surprise fall in gasoline demand in the United States, the world's largest oil consumer, and doubts whether oil producers can agree an output freeze to dampen a global supply glut.
On April 04, 2016 23:17 (IST)
US stocks were largely unchanged on Monday in muted trading, with gains in healthcare shares offsetting a fall in consumer stocks, as investors took a breather from a recent rally that helped indexes recover from a selloff at the start of the year.
On March 28, 2016 21:22 (IST)
US stocks were little changed on Monday as gains in consumer stocks following encouraging data offset the impact of a dip in crude oil prices on the energy sector.
On March 01, 2016 19:18 (IST)
Oil prices rose on Tuesday after China's surprise monetary policy easing stoked expectations for higher oil demand from the world's largest commodities consumer and signs emerged that a global supply glut was starting to deflate.
On February 01, 2016 22:12 (IST)
Oil fell 4 per cent on Monday as weak economic data from China, the world's largest energy consumer, weighed on prices and an OPEC (Organization of Petroleum Exporting Countries) source played down talk of an emergency meeting to stem the decline.
On January 24, 2016 19:53 (IST)
Targeting to add 10 crore new LPG connections in next three years, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Friday said oil marketing companies are mulling to sell new cooking gas on an EMI basis, just like for other consumer durables.