Tag: india oil imports
Posted in Economy
Revenue over relief? Govt has room to cut customers some slack over oil prices, or choose to swell its own pocket
The recent sharp decline in oil prices may enable the Indian government to bolster its finances by increasing excise duty while offering partial relief to…
Posted in Business
India’s August Russian oil imports slip 18% from July, tanker data show
By Nidhi Verma India’s August Russian oil imports slip 18% from July, tanker data show NEW DELHI, Sept 23 – India’s monthly oil imports from…
Posted in Rest of World News
Crude from heavily sanctioned nations now make up a third of India & China’s total oil imports
The global oil map is being redrawn as the long-run impact of western sanctions channels more barrels from Russia to Asia’s largest economies, with China…
Posted in Economy
India, Russia settling some non-oil trade in rupees: Top UCO Bank official
India and Russia have been settling some of their non-oil trade in rupees since the beginning of this year, said a top official at state-run…