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...

Every $10 per barrel rise in crude oil prices can shave about 0.5% off India's GDP growth: SMC's Bharti

Mar 05, 2026

Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure...

Sensex tanks 1023 points; HDFC Bank, L&T, Bajaj Finance slump

Feb 07, 2022

Mumbai (Maharashtra) [India], February 7 : The Indian equities markets benchmark Sensex slumped 1023 points on Monday due to heavy selling by foreign institutional...

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...

Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

UAE supplies 40.8 pc of Japan's oil imports in May

Jun 30, 2025

The United Arab Emirates was Japan's top crude oil supplier in May 2025, providing Tokyo with 30.42 million barrels of crude oil, according to...