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India oil import bill falls 10% to $101 bn in FY20

Updated : May 29, 2020 02:58 PM IST

At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country's advantage.
The lower import bill last year came even as quantum of imports increased marginally to 227 million tonnes (MT) from 226.5 MT reported in the previous fiscal.
India oil import bill falls 10% to $101 bn in FY20

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