Petroleum products being transported from a refinery in Gujarat. Oil is India’s largest import, and the country has already benefited from a decline in prices. Reuters
Petroleum products being transported from a refinery in Gujarat. Oil is India’s largest import, and the country has already benefited from a decline in prices. Reuters

Business

Economy

Lower commodity prices to shrink India's trade deficit and help rupee, analysts say

On a month-on-month basis, exports expanded by 7.4% in November, while imports retreated 1.4%, helping the rupee gain

Reuters

December 17, 2022