#energy-imports
Sanctions, tariffs turn into policy instruments, sometimes weaponised: P K Mishra
P K Mishra highlighted the impact of geopolitical tensions on global markets and economic vulnerabilities. He mentioned that India is diversifying its energy imports to reduce vulnerabilities and ensure economic stability. The need for macroeconomic resilienc…
Indian Refiners Lift LPG Output Nearly 20% as Hormuz Blockage Chokes Imports
Indian state refiners are ramping up their production of liquefied petroleum gas amid a seasonal jump in demand as the country enters festive season and imports from the Middle East remain strangled. So far in September, local production of LPG has averaged 4…
India’s Energy Import Bill Jumps 82% Due to High Oil Prices
India’s imports of crude and LNG jumped in May from April, as arrivals of non-Middle Eastern cargoes accelerated, and the country's energy import bill soared by nearly 82% from a year earlier amid higher energy prices. India’s crude oil imports rose by 7.5%, …
Indian banks more exposed to West Asia crisis among APAC region: Moody's
Indian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing credit stress. Non-bank lenders with unsecured retail loans are particularly vulnerable. Despite these pressures, Indian b…
India looks to boost LNG tank capacity as Qatar supplies stall
India imports about half of its natural gas requirement, which is used to generate electricity, make fertiliser, convert into CNG to run automobiles, piped to household kitchens for cooking and used as feedstock in a variety of industries. This gas is importe…