Tag: Rise In Oil Import

India may witness longer slowdown as oil imports, consumption decline

New Delhi: In a sign that slowdown in the Indian economy may be long drawn, a government report has projected a modest 3.5 per cent growth in oil imports this year. Considering that India imports more than 80 per cent of its oil requirements, slow growth in imports signals tepid demand and consumption. According to […]

  • Saturday, 01 May 2021
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