Tag: crude oil imports india
Posted in Economy
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
Abu Dhabi: As India seeks to secure energy supplies amid continuing geopolitical uncertainty in West Asia, New Delhi and Abu Dhabi have begun operationalising plans…
Posted in Economy
Iran war shock: Middle East conflict could cut 1 ppt from India’s FY27 GDP outlook
New Delhi: India’s real GDP growth for the next fiscal could erode by around 1 percentage point, while retail inflation could rise by about 1.5…
Posted in Economy
India’s import bill is likely to rise. Courtesy love for gold & gadgets amid rupee pain
India’s import bill is rising sharply once more, driven by a combination of a weakening rupee, elevated global prices for gold and crude oil, and…