India's oil import bill to top $100 bn in current fiscal

India spent $94.3 billion in the first 10 months (April-January) of the ongoing financial year that started April 1, 2021, according to data from the oil ministry's Petroleum Planning & Analysis Cell (PPAC). It spent $11.6 billion in January alone when oil prices had started to surge. This compared with $7.7 billion spending in the same month last year.

from Economy-News-Economic Times https://ift.tt/DAzm9CS
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