23-September-2026
Economy News
 
April-Aug import bill spikes $24.4 bn on costlier crude
22-Sep-2026

India spent an additional $24.4 billion on crude oil imports during April-August despite importing virtually the same quantity as a year earlier, due to elevated global prices. The import bill surged 48.4% to $74.8 billion from $50.4 billion a year earlier, even as volumes fell 0.4% to 100.7 million metric tonne (MMT), according to data from the Petroleum Planning and Analysis Cell (PPAC).

News Source:- https://www.financialexpress.com/policy/economy-apr-aug-import-bill-spikes-24-4-bn-on-costlier-crude-4344114/?ref=hometop_hp
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org