Discover the implications of Russia's shift in crude oil trade towards India and China after its invasion of Ukraine. While recent events in Russia have raised questions about the reliability of its oil exports, the global oil market remains stable. India's reliance on Russian oil has been economically advantageous, but the potential for regime change in Moscow could disrupt bilateral trade ties. This video explores the strategic considerations and potential consequences of maintaining or re-evaluating India's oil strategy with Russia.
10 Jul 2023IMF says India's terms-of-trade loss as a percent of GDP over 2018-2019 is likely to be at 0.18%, much lower than the 1.5% loss seen in 2017
2 min read26 Apr 2018Refining margins of Reliance Industries fell below expectations as OPEC's curbs led to the lower availability of cheaper grades of crude
1 min read16 Oct 2017Opec members can take months to disclose their output and also their data can be at odds with independent surveys as some have been known to fudge figures
4 min read6 Jan 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared