crude oil Current Affairs - 2019

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India to stop Importing Crude Oil from Iran

In the backdrop of the US refusal to extend the sanctions waiver for India to import crude from Iran, the Ministry of Petroleum and Natural Gas has taken steps necessary steps to end the imports from Iran. Even though India has urged the US to restore the sanction waivers it has decided to not to Read More…

Month:  Categories: Business, Economy & BankingUPSC

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Core Industrial Output increased in February

The output from the eight core sectors which include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity witnessed a growth of 2.1 per cent in February, compared to the corresponding month last year as per the data from the Ministry of Commerce and Industries. How Core Industries Performed? The production of Read More…

Month:  Categories: Business, Economy & Banking

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Growth Rate in the Core Sector witnesses Decline

The growth rate eight core sectors which include coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity witnessed a decline as per the data from the Ministry of Commerce and Industries. Reduced growth rate of Core Sector The core sector which had witnessed a 6.2% growth in January 2018 witnessed a growth Read More…

Month:  Categories: Business, Economy & BankingUPSC

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India’s core sector growth drops to a 16-month low in November

The data from the Ministry of Commerce and Industries has shown that the growth in the eight core sectors of the economy fell to a 16-month low of 3.5 per cent in November. The eight core sectors are coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity. Growth of Core Sectors The Read More…

Month:  Categories: Business, Economy & Banking

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