India Oil Import Bill
- All
- News
- Videos
-
India's Oil Import Bill Could Reach USD 101-104 Billion In 2024-25: Report
India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said today.
-
Tata Motors Plans to Sell About 50,000 EVs in FY23, Double It in Next Fiscal Year
Tata Motors has set a target to sell about 50,000 electric vehicles (EVs) in the FY23, and double it in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting. The company's performance is expected to improve in this fiscal year as the overall supply situation is gradually become stable.
-
India's Oil Import Bill Jumped Nearly 100% To $119 Billion In FY22
India's crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine.
-
India Keen To Boost Oil Imports From Brazil - Report
India, which meets about 84% of its oil needs through imports, is looking at ways to cut its import bill including stepping up use of bio-fuels.
-
Rupee Falls To Near One-Month Low On Inflation Surge And Higher Oil
The rupee weakened to its lowest in nearly a month, tracking a decline in domestic stocks as inflation surged and as oil prices climbed to their highest in nearly three weeks on supply fears from the prospect of more sanctions on Russia as the crisis in Ukraine deepens.
-
Rupee Gains, But Still Ends Current Fiscal Year With Over 3.5% Loss
The energy-sensitive rupee gained against the dollar, tracking a sharp fall in oil prices, but ended the 2021-22 fiscal year with over a 3.5 per cent loss.
-
India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
-
Indian Refiners Hike Crude Processing In February To Meet Demand Rise
India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.
-
India's Crude Import Bill Set To Rise Significantly On Oil Above $130
The surge in crude oil prices to above $130 is set to significantly increase India's import bill on crude oil in the coming weeks.
-
Russia-Ukraine Conflict To Impact Indian Growth: Economists
As the Ukraine-Russia conflict intensifies, it may have an impact on Indian economy's growth in the long run, economists have said
-
India's Oil Import Bill To Top $100 Billion In Current Fiscal
India spent $94.3 billion in the first 10 months of current fiscal on oil imports. It spent $11.6 billion in January 2022 when oil prices surged
-
India Plans Refiners' Joint Oil Deals To Cut Import Bill
With local petrol and diesel prices rising to a record high amid India's worst power crisis in years, the nation wants to redouble its efforts to buy wisely.
-
Rising Fuel Prices Hurting Economies, Stoking Inflation: Petroleum Minister
Petroleum Minister Hardeep Puri says high prices of oil has impact on the economies, leading to surge in inflation and affecting the logistics cost
-
India Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India, the world's third-biggest oil importer and consumer, imports over 80 per cent of its oil needs and has built strategic storage at three locations in southern India to store up to 5 million tonnes of oil to protect against supply disruption.
-
India Stores Low-Cost Oil, Fills 32 Million Tons Of Commercial Storage
Indian refiners have stored about 32 million tons of oil in tanks, pipelines and on ships, taking advantage of low oil prices to help the nation cut its import bill, oil minister Dharmendra Pradhan said on Monday.
-
India's Oil Import Bill Could Reach USD 101-104 Billion In 2024-25: Report
India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said today.
-
Tata Motors Plans to Sell About 50,000 EVs in FY23, Double It in Next Fiscal Year
Tata Motors has set a target to sell about 50,000 electric vehicles (EVs) in the FY23, and double it in the 2023/24 period, Chairman N Chandrasekaran told a shareholders' meeting. The company's performance is expected to improve in this fiscal year as the overall supply situation is gradually become stable.
-
India's Oil Import Bill Jumped Nearly 100% To $119 Billion In FY22
India's crude oil import bill nearly doubled to $119 billion in the fiscal year that ended on March 31, as energy prices soared globally following the return of demand and war in Ukraine.
-
India Keen To Boost Oil Imports From Brazil - Report
India, which meets about 84% of its oil needs through imports, is looking at ways to cut its import bill including stepping up use of bio-fuels.
-
Rupee Falls To Near One-Month Low On Inflation Surge And Higher Oil
The rupee weakened to its lowest in nearly a month, tracking a decline in domestic stocks as inflation surged and as oil prices climbed to their highest in nearly three weeks on supply fears from the prospect of more sanctions on Russia as the crisis in Ukraine deepens.
-
Rupee Gains, But Still Ends Current Fiscal Year With Over 3.5% Loss
The energy-sensitive rupee gained against the dollar, tracking a sharp fall in oil prices, but ended the 2021-22 fiscal year with over a 3.5 per cent loss.
-
India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
February crude oil imports decreased by about 8.6 per cent from the previous month and were 5.7 per cent lower than pre-pandemic levels in the same month two years ago.
-
Indian Refiners Hike Crude Processing In February To Meet Demand Rise
India's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.
-
India's Crude Import Bill Set To Rise Significantly On Oil Above $130
The surge in crude oil prices to above $130 is set to significantly increase India's import bill on crude oil in the coming weeks.
-
Russia-Ukraine Conflict To Impact Indian Growth: Economists
As the Ukraine-Russia conflict intensifies, it may have an impact on Indian economy's growth in the long run, economists have said
-
India's Oil Import Bill To Top $100 Billion In Current Fiscal
India spent $94.3 billion in the first 10 months of current fiscal on oil imports. It spent $11.6 billion in January 2022 when oil prices surged
-
India Plans Refiners' Joint Oil Deals To Cut Import Bill
With local petrol and diesel prices rising to a record high amid India's worst power crisis in years, the nation wants to redouble its efforts to buy wisely.
-
Rising Fuel Prices Hurting Economies, Stoking Inflation: Petroleum Minister
Petroleum Minister Hardeep Puri says high prices of oil has impact on the economies, leading to surge in inflation and affecting the logistics cost
-
India Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India, the world's third-biggest oil importer and consumer, imports over 80 per cent of its oil needs and has built strategic storage at three locations in southern India to store up to 5 million tonnes of oil to protect against supply disruption.
-
India Stores Low-Cost Oil, Fills 32 Million Tons Of Commercial Storage
Indian refiners have stored about 32 million tons of oil in tanks, pipelines and on ships, taking advantage of low oil prices to help the nation cut its import bill, oil minister Dharmendra Pradhan said on Monday.
