World News Insights
1-3 Minute Gist

All Topics Article

Oil prices cloud India’s macroeconomic outlook

https://www.hindustantimes.com/ Original article ›
LyrArc Article Gist
The shift away from Iranian oil with U.S. pressure and sanctions, and higher oil prices, could pose challenges for the Indian macroeconomic outlook in 2020.


Why the Iran deal is seen as a "win-win spirit" by China, and its impact on other emerging markets such as India

07/15/2015

Large oil importing countries such as China and India see the Iran deal very favorably as sanction limited oil imports. The deal also increases the probability of a sustained period of low oil prices which favors importers as Iranian crude flows into world markets. India with problems in its coal industry is faced with high oil import costs constraining growth, and China with large debt and other problems cosntraining growth, see the prospect of low cost oil imports for an extended period as an opportunity.

Grouped Articles

Oil-Thirsty China a Winner in Iran Deal

Wall Street Journal 07/15/2015

China Has Big Eyes, Little Stomach for Oil

Wall Street Journal 08/27/2015

The Global Battle for Oil Market Share

Wall Street Journal 12/16/2015

China Deepens Its Footprint in Iran After Lifting of Sanctions

New York Times 01/24/2016

US oil sanctions on Iran anger Asian powers

The Times 04/22/2019

Oil prices cloud India’s macroeconomic outlook

https://www.hindustantimes.com/ 05/13/2019

India's oil imports from Iran

05/03/2012

Grouped Articles

India Cuts Back on Iran Oil Imports

Wall Street Journal 05/03/2012

U.S. Presses India On Iran Oil Buys

Wall Street Journal 05/09/2012

Iran’s Discount Deal for Global Oil

Wall Street Journal 07/14/2015

Oil-Thirsty China a Winner in Iran Deal

Wall Street Journal 07/15/2015

China Deepens Its Footprint in Iran After Lifting of Sanctions

New York Times 01/24/2016

US oil sanctions on Iran anger Asian powers

The Times 04/22/2019

India's oil and gas industry

06/17/2011

Grouped Articles

Indian energy: A price worth paying

Economist 07/08/2013

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Indian Firm to Pay $2.64 Billion To Build Its Stake in African Gas Project

New York Times 08/26/2013

Grinding Energy Shortage Takes Toll on India's Growth

Wall Street Journal 07/02/2012

Oil-Thirsty China a Winner in Iran Deal

Wall Street Journal 07/15/2015

India's Inverted Oil Market

Wall Street Journal 06/17/2011

India's energy shortages and efforts to increase investment for oil and gas production- 2012-2015

04/11/2012

Investment in oil and gas exploration by India of $16 billion is about half the amount invested by Brazil in the same 15 year period. The move in 2013 bringing state mandated natural gas prices closer to world prices is an effort to increase India's investment in the energy field.

Grouped Articles

Indian energy: A price worth paying

Economist 07/08/2013

Rupee Throws Oil on India's Subsidy Problem

Wall Street Journal 08/21/2013

Indian Firm to Pay $2.64 Billion To Build Its Stake in African Gas Project

New York Times 08/26/2013

The Poor Need Cheap Fossil Fuels

New York Times 12/03/2013

India Grapples With Soaring Energy Costs

Wall Street Journal 04/11/2012

Global Oil Glut Sends Prices Plunging

Wall Street Journal 10/15/2014

The Modi administration's budget for India in 2015 aims for 7.4% growth- allowing a fiscal deficit at 3.9% and increased spending on infrastructure

02/28/2015

The $288 billion budget aims to increase infrastructure spending to achieve a growth rate of 7.4%. A 2% tax on the superrich and rigorous penalties of 10 years imprisonment for tax evasion by sending money overseas are efforts to improve tax revenues in a country where it is estimated only 35 million Indians pay taxes. The lower oil prices help reduce pressures from fiscal deficits, and the decision was taken to let the fiscal deficit increase to 3.9% in the interests of growth.

Grouped Articles

India’s New Budget Aims to Boost Growth

New York Times 02/28/2015

Iran’s Nuclear Deal Could Open Oil Flood

Wall Street Journal 03/17/2015

Hostility From U.S. as China Lures Allies to New Bank

New York Times 03/19/2015

India’s Debt Pileup Complicates Growth Plans

Wall Street Journal 05/05/2015

Oil-Thirsty China a Winner in Iran Deal

Wall Street Journal 07/15/2015

In a Victory for Modi, India Overhauls Its Tangled Tax System

The New York Times 08/03/2016


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us