India's crude oil import bill is likely to jump by about $26 billion in 2018-19 as rupee dropping to a record low has made buying of oil from overseas costlier, government officials said on Thursday. Besides, the rupee hitting a record low of 70.
from Times of India https://timesofindia.indiatimes.com/business/india-business/indias-oil-import-bill-to-jump-by-26-bn-on-rupee-woes/articleshow/65422836.cms
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