World Bank Highlights India’s Economic Momentum for 2024
World Bank, in its recent report, has highlighted India’s resilience as the fastest-growing economy in the world. The forecast for FY25 has been revised from 6.4% to 6.6%, and the estimated growth rate for FY26 has been increased by 20 basis points to 6.7%. This revision, influenced by the recently declared election results, underscores the…
Shipra Prajapati
OPEC Share In India’s Oil Import Slip In AprilÂ
India’s oil imports from the Organization of the Petroleum Exporting Countries (OPEC) dropped by 26% a year ago as refiners increased the number of discounted Russian shipments. The supply fell to 46% in April 2023 from 72% of crude oil India imported in April 2022. India’s oil import from Russia was more than from Iraq…
Sumit