Supported by strong economy and a universe of fast-growing companies, India is now the most expensive market among its peers. While the Nifty trades at a price to earnings (P/E) multiple of around 21 times on estimated current earnings, South Korea trades at 14.75 times, China (11.3 times), Malaysia (14.55 times) and Taiwan at 18.1 […]
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Crude oil imports fall for third consecutive monthCrude oil imports fall for third consecutive month
India’s crude oil imports fell for the third consecutive month in August to 18.73 million tonne (MT) due to maintenance activities at Indian refineries and decline in shipments from Russia. Crude oil imports were 20.58 MT in May, 19.56 MT in June and 19.51 MT in July, as per data released by the Petroleum Planning […]