The hydrocarbon sector is vital in keeping India’s economic growth engine running. Domestic crude oil consumption has increased from 174.5 million tonnes (mt) in FY 2013 to 247.8 mt in FY 2023, growing at a […]
Significant rise in oil imports Crude oil imports have grown at a CAGR of 5.34 per cent from 2000-01 to 2022-23. Imports have surpassed pre-pandemic levels, constituting 87 per cent of the country’s total imports […]
The construction sector is one of the major contributors to economic growth, accounting for about 8 per cent of the country’s GDP. The sector has critical forward and backward linkages, with most of the construction […]
The global liquefied natural gas (LNG) market has witnessed several key developments over the past few years, such as falling gas prices, rising LNG production and enhanced export capacities. Such developments have also impacted the […]
The oil and gas industry across the globe has observed significant volatility in prices in recent times. Both crude oil and natural gas prices have exhibited a decline owing to a huge glut in supply. […]
The mining sector has witnessed significant activity in the past few years. The production of key minerals and ores has increased since 2011-12 leading to greater self-sufficiency. While policy changes have been introduced to encourage […]
India ranked 130 (out of 189 countries) in 2016 on the ease of doing business parameter, according to the World Bank’s Doing Business Report 2017, moving up four places from the adjusted ranking of 134 […]
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