India's average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the country's oil basket has declined, said Kotak Institutional Equities in its latest report.
In a significant shift in the country's energy landscape, the Ministry of Coal is spearheading a transformative initiative to reduce coal imports and promote coal exports aimed at enhancing domestic coal production, bolstering energy security, and supporting the growth of the coal sector.
New Delhi [India], August 18 (ANI): India has the potential to reduce imports from China by around 40 per cent in the coming years, according to an analysis conducted by industry body PHD Chamber of Commerce and Industry.
New Delhi [India], June 18 (ANI): BJP leader Ram Madhav on Thursday asserted that India should reduce imports from other countries but specifically from China.
New Delhi [India], Sept 24 (ANI): India is striving to ramp up coal production from the current annual level of 730 million tonnes (MT) to 1,149 MT by 2023 to reduce imports, Union Minister for Coal and Mines Pralhad Joshi said on Tuesday.
New Delhi [India], July 2 (ANI): The government is reviving five closed fertiliser plants at a cost of Rs 37,971 crore to increase urea production in the country and reduce imports, Minister for Chemicals and Fertilisers D V Sadananda Gowda said on Tuesday.