LivemintHigher crude oil prices will worsen fiscal balance: Nomura reportLivemintMumbai: Indicating adverse macroeconomic impact of rise in crude oil prices, global financial services major Nomura said every $10 per barrel rise in the price will worsen Ind …

LivemintWhy oil can spoil India's budget mathLivemintOne of the biggest drivers of India's superlative macro-economic performance in the recent past has been a relatively under-appreciated element: oil. Since 2014, the dramatic fall in crude oil pr …

Daily News & AnalysisOil prices likely to remain low for 3-5 years: Mukesh AmbaniEconomic TimesAmbani, the richest Indian, said there have been spikes in oil prices in past. "But never has it (fallen) because there has been more supply than demand. It …

Budget: Oil fall to help meet fiscal deficit targetEconomic TimesThe halving of global oil prices since mid-2014 has allowed the Modi government to raise diesel and petrol fuel taxes and cut diesel prices by 25-30 percent - a windfall gain for households a …