India may buy more crude oil from Iraq if Red Sea crisis escalates: Official | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
For a seamless flow of crude oil, India is betting on the Strait of Hormuz, a crucial passage through which most of the commodity is exported from Saudi Arabia, Iran, the UAE, Kuwait, and Iraq, for Asian buyers.
The growth path remains tricky as consumption demand for entry-level cars, mobile phones and loans slows, and reluctance to spend on non-essentials continues even as incomes rise to pre-pandemic levels
Pent-up demand along with low base is expected to accelerate India s economic growth rate in Q1FY22 on a year-on-year basis.Accordingly, the period from April-June 2021 had less stringenet lockdown norms than the same period of 2020.These .
Pandemicproof: India s Q1FY22 GDP growth seen ranging above menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.