India's crude import costs rise as Russian share dips, amid pressure to reduce imports: Report

Oct 23, 2025

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...

Paint prices may rise 2-5% in April if crude cost remains high: Report

Mar 11, 2026

Paint prices in India could increase by 2 to 5 per cent in April if crude oil prices continue to remain at current high...

Terming BJP as 'Bhayankar Janloot Party', Congress accuses Centre of 'looting' country by hiking fuel rates

Feb 19, 2021

New Delhi [India], February 19 : Terming the Bharatiya Janata Party (BJP) as 'Bhayankar Janloot Party', Congress leader Randeep Singh Surjewala on Friday accused...

Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

If crude remains near USD 100/bbl, each month of crisis to add Rs 30,000 cr additional cost for centre: Report

Mar 12, 2026

If crude oil prices sustain above USD 100 per barrel in FY27, the Central government's annual additional expenditure could rise by Rs 3.6 lakh...

India could cut fuel import bill by USD 3 billion by switching to Venezuelan crude: SBI Report

Feb 04, 2026

India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing...