Tag: India Crude Oil Prices
Posted in Economy
India’s April-June balance of payments records $8.1 billion deficit, June turns surplus
BENGALURU: India’s balance of payments recorded a deficit of $8.1 billion in the April-June quarter, compared with a surplus of $4.5 billion a year earlier,…
Posted in Economy
Volatile crude prices, forex swings and poor rains pose challenge for India: FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Monday said India faces a range of external and domestic challenges, including uncertainty over foreign exchange and crude oil…
Posted in Economy
India may face $7–8 billion higher monthly import bill as crude surges
New Delhi: India could face an additional foreign currency outflow of USD 7-8 billion per month due to the surge in international energy prices, following…