SCO & BRICS latest news and insights
By Rhod Mackenzie
According to a report by India Ratings and Research, India has the potential to become an upper-middle-income country by FY 2033-36 and a $15 trillion economy between FY 2043 and 2047.
Until 2006, the World Bank classified India as a low-income country. India moved into the lowe...
The State oil refiners in India are negotiating long-term agreements for supplies of crude with Russian energy giant Rosneft, Bloomberg reported, citing people with knowledge of the matter.
According to the report, Indian Oil, Bharat Petroleum, and Hindustan Petroleum are taking part in the discus...
By Rhod Mackenzie
In 2023, India imported 22.141 million tons of liquefied natural gas, an increase of 8% from 2022 (20.468 million tons), according to the state Ministry of Trade and Industry.
However, this is still below the 2021 level (24.373 million tons) and the 2020 record (26.6 million to...
