High crude prices could force fuel price hikes, push RBI towards

Sustained high crude oil prices could significantly raise pressure on India’s economy by increasing the country’s...

India's oil import bill may rise USD 5-10 billion if Russian crud

India's annual oil import bill could rise by USD 5-10 billion if the country reduces its purchases of Russian...

50% cut in Russian oil purchases could raise India’s oil bill by

A 50 per cent reduction in Russian oil purchases could increase India's annual oil import bill by USD 5-10 billion...

US sanctions bill makes India-US trade deal more critical

The proposed US sanctions legislation targeting buyers of Russian crude makes it more critical for India to...

Cabinet approves "Samudra Manthan" national offshore exploration

According to an official statement by the Ministry of Petroleum & Natural Gas, India is the world's...

India's crude oil basket fell to USD 77.6/bbl in July

India's average crude oil basket price has declined sharply to USD 77.6 per barrel in July (up to July 22) from USD...

Brent near USD 100 raises concerns over India's inflation, forex

With Brent crude hovering near USD 100 per barrel, experts have raised concerns over its impact on India's...

Prolonged US-Iran tensions may push India's crude basket above US

Market experts and economists have cautioned that a prolonged US-Iran standoff could push India's crude oil import...

Rs 1 lakh crore on crude import will be saved by 2030

Around 35 lakh more electric vehicles (EVs) are expected to replace petrol vehicles during 2027-2030, helping India...

Coal gasification key to reducing Rs 3 lakh crore import bill, ac

Union Coal and Mines Minister G Kishan Reddy said coal gasification will play a central role in India's energy...

India’s trade deficit at USD 28.21 billion in May

While India's trade deficit widened to USD 28.21 in May 2026, lower crude oil prices and higher duties on gold...

Despite significant growth in exports, India’s trade deficit wide

Despite significant growth in exports, India's trade deficit widened in May 2026 on the account of a sharper rise in...