Business news
121 stories · latest 07 Oct 2026 · clear filter
India imports most of its crude, so each dollar on Brent raises the import bill and the cost base of fuel retailers, airlines, paint and tyre makers, while refiners' margins move with the gap between crude and product…
Standalone refiners such as CPCL and MRPL earn the gross refining margin - the gap between crude and product prices - and have no retail pump network on which prices are held down, so a product-led rise in oil shows up…
India imports most of its crude, and much of it comes from the Gulf, so the volume moving through Hormuz matters as much as the headline price. More cargoes getting through eases the supply squeeze that has kept Brent…
Bauxite is the starting raw material for alumina and aluminium, so the ruling settles a cost dispute rather than changing output. CLSA estimates a near-term rise in production cost of roughly $10 a tonne and a one-time…
No extra barrels are scheduled for November, and the report notes most members already pump below their targets because the conflict that began on February 28 has effectively closed the Strait of Hormuz. For India…
For India the link is indirect: a smaller European harvest tightens world cereal and sugar supply at a time when the FAO food index is already at its highest since 2022 and India's own monsoon ended about 13% below…
These are world prices, so the exposure in India runs through imported inputs and export parity. Edible oil refiners and packaged-food makers buy palm and other vegetable oils largely from abroad, and biscuit, noodle…
India imports most of its crude, so the price sets the input bill for the state fuel retailers and the under-recoveries they carry on petrol, diesel and LPG. The detail that matters here is diesel: Indian refiners that…
Power and fuel, including petcoke, coal and diesel for freight, are among the largest cost items for listed cement makers. Their margins depend on whether price increases keep pace with those costs. September-quarter…
Jet fuel can make up as much as 40% of an airline's operating costs, according to the report, so listed carriers absorb a sharp, direct rise in their largest cost. Restaurants, hotels and caterers that use commercial…
Cheaper crude directly narrows losses at IOC, BPCL and HPCL, whose earnings swing with the gap between pump prices and international product costs; diesel and LPG remain loss-making, so their recovery is partial. Lower…
India imports most of its crude, so a spike of this size widens the import bill and current-account deficit, weakens the rupee and lifts fuel and petrochemical costs. State-run fuel retailers such as IOC, BPCL and HPCL…