Tag: oil prices

Oil prices dent rupee; falls below 73/$

Oil prices dent rupee; falls below 73/$

Mumbai: High crude oil prices and fears over a hike in key domestic lending rates pulled the Indian rupee to a new record low of over 73 per US dollar on Wednesday. The Indian rupee opened at a record low of 73.25 per US dollar surpassing the previous low of[Read More…]

Fuel prices hit record high for 10th consecutive day

Fuel prices hit record high for 10th consecutive day

The prices of petrol and diesel, already at unprecedented levels in the country, rose for the 10th consecutive day on Tuesday, even as analysts said the dual impact of rising oil prices and depreciating rupee increases regulatory risks for state-run oil and gas firms. In the national capital, petrol was[Read More…]

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