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India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesPhoto: Economic Times Industry
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BUSINESSEconomic Times Industry ยท 2 hours agoLive

India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumes

Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

India's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the volume of shipments declined by 16%, earnings surged by nearly 50% in rupee terms. Diesel exports were the largest contributors to the earnings growth, accounting for 42% of the total volume. Both diesel and petrol consumption rose during this period, whereas production saw slight declines.

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