November 22, 2024 15:59 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit
India's crude oil imports jump by 53 pc during Apr-Nov period, shows latest govt data
Crude Oil
Image Credit: Unsplash

India's crude oil imports jump by 53 pc during Apr-Nov period, shows latest govt data

| @indiablooms | 17 Dec 2022, 12:44 am

New Delhi/IBNS: India’s crude oil import grew by 52.58 percent to $146.57 billion during April-November during FY23, according to data shared by the Ministry of Commerce.

Imports of coal and coke rose by 97.66 percent to $37.25 billion during the period under review, the data showed.

During the eight months, electronics, chemicals, transport equipment and vegetable oil also showed double-digit growth in imports.

Gold imports dropped by 18.13 percent to $27.21 billion while vegetable oil imports by 16.71 percent to $14.28 billion.

The exports of petroleum jumped by 58.88 percent to $62.65 billion whereas the gems and jewellery exports grew by 2 percent to $26.45 billion.

In the month of November, Indian exports had a flat growth of 0.59 percent at $31.99 billion.

The trade deficit during the month increased to $23.89 billion.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.