By BUUMBA CHIMBULU THE National Oil Marketing Association (NOMA) has dismissed allegations that Oil Marketing Companies (OMCs) are deliberately...

The Indian rupee’s slide toward the 94-per-dollar mark has emerged as one of the most closely watched market signals for investors, policymakers and...

For the moment, it has managed to ensure that consumers are fully protected as the oil retailers and govt will split the burden of higher crude...

Punjab-based LPG distributors on Tuesday said that there was ‘inadequate supply’ of gas in the state, despite the Union government and oil...

Punjab-based LPG distributors on Tuesday said that there was ‘inadequate supply’ of gas in the state, despite the Union government and oil...

The South African rand tumbled sharply today, shedding 1.7% of its value in a single session as a powerful US dollar rally continues to batter...

Until Friday, banks could run net open positions of up to 25% of their net worth. In practice, large lenders often accumulated sizeable long dollar...

The Brazilian real extended its recent slide, weakening toward 5.3 per US dollar as investors reassessed both domestic and global risks. The...

Middle East tensions are significantly impacting global financial markets, pushing the Indian Rupee to record lows near 94 against the US dollar. ...