Tag: india oil imports

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Posted in Economy

Russia imports record fuel from India as Ukraine strikes hit refineries

Russia imported a record 172,000 tonnes of oil products in August, including gasoline refined from Russian crude at a refinery in India that is partly…

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A fresh round of hostilities has once again put the Strait of Hormuz at the centre of global attention. (REUTERS)
Posted in Business

How would India cope if Strait of Hormuz disruption lasted longer? AI simulation reveals risks

The Strait of Hormuz has been at the centre of tensions between the United States and Iran since the war began on February 28. Following…

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Posted in Economy

Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan Sharma

New Delhi: Rising petrol and diesel prices are likely to put pressure on household budgets as the ongoing West Asia conflict continues to drive global…

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India’s rising oil imports push trade deficit into risky territory: Crisil

New Delhi: India’s oil trade deficit is set to widen sharply in FY27 as rising crude prices, weakening petroleum exports and the country’s heavy dependence…

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Posted in Economy

Energy shock strains India’s growth, fiscal outlook: S&P report

Energy price spikes and supply constraints due to the Middle East conflict are an economic stress for India, with fiscal pressures also likely to come…

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Posted in Economy

Despite uncertainty, India to withstand global shocks due to strong macro fundamentals: BoB Report

New Delhi: India is expected to withstand global economic shocks despite rising uncertainty due to its strong macroeconomic fundamentals, according to a report by Bank…

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Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll

BENGALURU: India’s economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according ​to a Reuters poll of economists who ​warned that data…

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Aatmanirbhar 2.0 in works to cushion India against supply chain, energy Pain

New Delhi: India is redrawing its self-reliance framework to insulate critical supply chains and ensure energy security amid the global economic upheaval that’s been caused…

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India’s limited oil buffers, reliance on subsidies heighten risks from Middle East conflict, Moody’s warns

India’s heavy reliance on oil imports from the Gulf, coupled with relatively limited strategic reserves, leaves it vulnerable to rising energy prices and potential supply…

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Posted in Economy

India’s $98 billion imports in hot water as West Asia tensions heat up

A storm brewing in the Gulf could soon hit Indian homes, farms, and factories. Rising tensions in West Asia are threatening the flow of energy,…

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