India’s crude oil imports rose by 52.58 per cent to $146.57 billion throughout April-November interval this fiscal, in accordance with the info shared by the Commerce Ministry. Crude oil imports within the year-ago-period stood at $96.06 billion.
For November, crude oil imports have been up by almost 11 per cent YoY to $15.7 billion from $14.24 billion in the identical interval final 12 months.
Apparently, petroleum exports grew by 58.88 per cent to $62.65 billion throughout this eight-month interval, however dipped by round 2 per cent for November, to $5.4 billion.
Then again, coal and coke imports noticed a close to 98 per cent rise YoY for the April–November interval to $37.25 billion. Imports in the identical interval final 12 months have been valued at $19 billion. Import of coal and coke in November noticed a 4.79 per cent rise, YoY to $3.75 billion.
Different classes
Vegetable oil imports rose by 16.71 per cent to $14.28 billion for the April – November whereas the section witnessed a 7.21 per cent decline in imports for November to $ 1.6 billion.
Uncooked cotton and waste noticed a 260 per cent rise within the April – November at $ 1.3 billion.
Gold imports dipped by 18.13 per cent to $27.21 billion throughout the eight-month interval of this fiscal.