Tag: India oil import bill
Posted in Economy
Crude unlikely to return to pre-war levels soon; India’s import bill may rise $70bn annually: Report
New Delhi: Crude oil prices have risen sharply due to the ongoing West Asia conflict and are not expected to return to the earlier level…
Posted in Economy
West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenues
The government will assess the impact of recent tax concessions on its indirect tax revenues at the start of the new financial year as it…
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…