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Global coal prices at record high, to increase India s import bill

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal, while direct or indirect sanctions from the western countries are also expected to put an upward pressure on its prices.

Global coal prices at record high, to increase India s import bill

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal, while direct or indirect sanctions from the western countries are also expected to put an upward pressure on its prices.Currently, .

Elevated crude oil prices may lead to demand destruction

The latest spike in crude oil prices may not only add to inflationary pressures in the economy but also lead to reduced demand for fuels like petrol and diesel, with consumers opting for alternatives like CNG.

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