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OIL IMPORT STATISTICS
IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentalsThe International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamental...15 Oct, 2026, 01.19 PM IST- US CPI inflation rises as Iran war drives up fuel prices: How higher petrol and diesel costs could hit American householdsAmerican households are facing increased inflation and rising fuel prices just weeks before the midterm elections. Consumer prices rose une...14 Oct, 2026, 08.01 PM IST
- Economics Nobel 2026 winners: Who are Robert E Hall and Michael Woodford, and why their research is significant | An explainerEconomists Robert E. Hall and Michael Woodford won the Economics Nobel, known formally as the Sveriges Riksbank Prize in Economic Sciences ...12 Oct, 2026, 03.45 PM IST
- Echoes of 2017: Why domestic flows alone won't rescue Indian equitiesStrong domestic inflows through SIPs and mutual funds are failing to sustain Indian equity returns amid continuous FII selling and moderati...12 Oct, 2026, 10.42 AM IST
- EU and China strike interim trade deal that could cut Chinese hybrid exportsChina and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on cer...10 Oct, 2026, 07.43 AM IST
- Economists see food, oil stoking India’s September inflationIndia's consumer inflation is anticipated to rise as energy costs increased significantly during September. Brent crude surpassed $100 a ba...08 Oct, 2026, 09.03 AM IST
- Pakistan's inflation remains in double digits as fuel, power costs bitePakistan's inflation eased to 10.3 per cent in September 2026, down from 11.1 per cent in August, but remained above the government's proje...03 Oct, 2026, 03.38 PM IST
- Iran's medicines soar in price as US blockade, sanctions squeeze pharmaceutical suppliesMedication prices in Iran have surged drastically due to US sanctions and ongoing conflict, creating significant hardships. Families are st...30 Sep, 2026, 10.04 AM IST
- In 2016, New Jersey sank 5,000 tons of concrete from a demolished Brooklyn pier off Sandy Hook; the rubble was designed to become habitat for fish and musselsIn a 2016 initiative, rubble from a demolished pier in Brooklyn was repurposed to form a new reef, enhancing habitats for marine life. Whil...29 Sep, 2026, 07.00 PM IST
- Explained: What really drives the rupee? Decoding the forces behind currency movesThe rupee’s decline over the past four years reflects a complex interplay of fundamentals, RBI intervention and market sentiment. A Bank of...25 Sep, 2026, 04.48 PM IST
- Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...20 Sep, 2026, 10.10 AM IST
- India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...18 Sep, 2026, 04.40 PM IST
- India’s August exports rise 26.1%, trade deficit narrows to $26.9 billionIndia’s merchandise exports jumped 26.1% year-on-year to $43.8 billion in August, accelerating from 19.6% growth in July, while slower impo...17 Sep, 2026, 02.03 PM IST
- Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...15 Sep, 2026, 11.50 PM IST
- Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...15 Sep, 2026, 01.25 PM IST
- A dozen ingredients show India's mounting food inflation riskIndia’s everyday thali is getting costlier as weak monsoon rains, the Iran and Ukraine wars and rising demand for crops used in biofuels pu...15 Sep, 2026, 11.40 AM IST
- India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...11 Sep, 2026, 02.30 PM IST
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