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India’s crude oil imports in August fall 3%, import bill rises 18%

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Summary

India’s net spend on oil and gas stayed nearly flat in August at $9.3 billion.

Key Facts

TypeNews

SourceThe Hindu - National

PublishedFriday, 18 September 2026

Affected Population63 million MSMEs, export-import community

Key Numbers

Merchandise exports: $437 billion (2024-25)

FDI inflow: $71 billion (2024-25)

PLI scheme: Rs 1.97 lakh crore across 14 sectors

Key Authorities

Key Stakeholders

Government Context

NDA IIIBJP-led NDA

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Trade & Commerce145 tracked→

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