India's food inflation accelerated to a nine-month high in late October, driven mainly by costlier protein items, belying hopes of a respite in overall price pressures in the near term. The food

India's food inflation accelerated to a nine-month high in late October, driven mainly by costlier protein items, belying hopes of a respite in overall price pressures in the near term. The food

Petrol prices are likely to be increased by Rs 1.82 a litre this fortnight as a fall in rupee has increased the cost of imports of the raw material (crude oil). This will be the second hike in

Oil prices slipped on Tuesday on a stronger U.S. dollar, continuing uncertainty about the resolution of the euro zone's debt crisis and the collapse of MF Global Holdings.

Oil prices slipped in low-volume trading on Monday, but posted big monthly gains, as the dollar rose against the yen after Japan intervened in the market to stem the rise of its currency.

Oil prices fell in low-volume trading on Monday as the dollar rose against the yen after Japan intervened in the market to stem the rise of its

The IEA does not want OPEC to cut output at a meeting in December as demand for the producer group's oil will be half a million barrels per day (bpd) more in 2012 than it pumped last month, a top IEA

Current OPEC president Iran does not envisage holding an emergency meeting of the oil producers' group ahead of a scheduled one in December, Iran's OPEC Governor Mohammad Ali Khatibi was quoted as

Oil prices retreated on Friday in choppy trading as uncertainties about Europe's plan to tackle its debt problems prompted some profit taking after the previous session's rally.