Latest Market News
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...
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...
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...
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,...
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...
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...
PVC Pipe Sector to Grow 10–11% in FY26 on Strong Demand: CRISIL
India’s organised PVC pipes and fittings sector is set to witness a robust recovery in FY26, with revenue growth projected at 10–11%, according to CRISIL Ratings. This follows...
Reliance Industries Unveils Attractive PP Incentive Scheme for July 2025
Reliance Industries Limited (RIL) has announced its latest Incentive Scheme for Polypropylene (PP) for the month of July 2025, offering attractive benefits to buyers who meet specific APP...
Reliance Industries Announces ₹1.5/kg Increase in PET Polymer Prices Effective July 20, 2025
Reliance Industries Limited (RIL), India’s leading petrochemical giant, has announced an increase in the price of PET (Polyethylene Terephthalate) polymer by ₹1,500 per ton. This price revision will...