Net foreign direct investment at $9.7 billion in the first quarter of 2018-19 higher than $7.1 billion a year ago
2 min read7 Sep 2018US President Donald Trump has warned that anyone trading with Iran would not do business with the US
1 min read6 Sep 2018Economic affairs secretary says India's oil import bill may go up in the range of $25-50 billion in fiscal year 2019 if oil prices remain high, but this will not impact the country's macroeconomic stability
1 min read18 May 2018Union road transport minister Nitin Gadkari says electric vehicles could be the solution to cut down on India's huge crude import bill
1 min read26 May 2017India can use the amount gained due to lower oil import bills to spend on other purposes such as education and health
3 min read26 Apr 2016India, Russia sign 16 deals; Rail freight volume tumbles in November
2 min read25 Dec 2015Lower global crude oil prices help rein in India's import bill
1 min read11 Sep 2015Price will be cut to $5.02 per mmBtu from $5.61 per mmBtu now; reduction has been aided by a steep fall in the prices of crude oil and gas.
3 min read28 Mar 2015India imports nearly two-thirds of its oil requirements and a lower oil import bill is likely to help slash the country's current account deficit
1 min read23 Feb 2015Prices of key inputs for manufacturing sectors are declining since January, which at the macroeconomic level, could help tame inflation, a rising import bill and fiscal deficit
2 min read29 Sep 2014The 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
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