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FY19 oil import bill could be highest under Narendra Modi

India could end up spending close to $115 billion on its crude import bill for 2018-19, a growth of 30% over 2017-18's $88 billion. This will push the FY19 crude import bill to the highest level in five years of the Narendra Modi government, and very close to the UPA II level when the crude prices had breached all records to touch $140 a barrel. Currently crude is hovering around $70 a barrel.

Read More at The Economic Times News date : 15 Apr 2019, Monday

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