Indian Refineries which export crude oil from the OPEC countries in the gulf will look towards RBI to get the dollars necessary for importing crude oil from the oil rich Arab countries. Due to the sudden increase in crude oil prices, banks have faced a shortage of dollars which is leading to the sudden fall […]

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Indian stock markets have opened the day flat. Both Nifty and Sensex opened close to where they ended when the market closed for trading last evening. With crude hitting all time high, the Indian stock market is getting ready for the third oil shock. With rumours of a fuel price hikes hitting the markets almost […]

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