-The New Indian Express As crude Oil prices soar to record highs, panic buying of diesel has started in Punjab  with a 70 per cent rise in sales as compared to the same period last year. CHANDIGARH: As crude Oil prices soar to record highs, panic buying of diesel has started in Punjab  with a 70 per cent rise in sales as compared to the same period last year. People fear that...

-The Hindu Business Line Goyal meets industry associations to assess demand-supply situation, alternative plans Representatives of India’s edible Oil industry met Commerce and Food Minister Piyush Goyal on Friday to discuss ways to check the galloping prices of the cooking medium as disruption of supplies of sunflower Oil due to the on-going Russia-Ukraine conflict threatens to make the situation worse. The meeting, called a day after the Union Food Secretary’s discussion with industry...

-TelanganaToday.com Hyderabad: Prices of cooking Oil are on an upwards spiral and have gained up to Rs 25 more per litre. The trade segments attribute the increase in prices to the tightening supplies of sunflower and safflower Oils, both called as sun Oils, to the Russia-Ukraine war. Also, palm Oil imports are getting costlier due to the internal trade restrictions of Indonesia, the biggest producer of palm Oil. On the other hand,...

-NDTV.com (with inputs from Agencies) Crude Oil prices rose over 0.5% on Tuesday, as the Ukraine conflict drags on, albeit well below a seven-year high hit last week. Crude Oil prices rose over 0.5% on Tuesday, as the Russia-Ukraine conflict drags on, albeit well below a seven-year high after Russia's invasion of Ukraine began last week, which is the most significant attack on a European country since World War Two. While global financial...

-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising Oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising Oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...