What will India gain if it buys oil from Venezuela, not Russia? Savings of $3 bn, says SBI research – Firstpost

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  • Post last modified:February 4, 2026

A sustained USD 10–12 per barrel discount on Venezuelan heavy crude could offset higher logistics costs and keep inflation unchanged, even as India reduces reliance on discounted Russian oil.India’s crude…

Continue ReadingWhat will India gain if it buys oil from Venezuela, not Russia? Savings of $3 bn, says SBI research – Firstpost

India’s CPI revamp may lift headline inflation by up to 30 bps, reflects shifting consumption patterns: SBI – Firstpost

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  • Post last modified:January 30, 2026

The new 2023–24 base lowers food weight and raises transport and housing share, aligning India’s inflation gauge closer to global consumption trendsIndia’s overhaul of its Consumer Price Index (CPI) could…

Continue ReadingIndia’s CPI revamp may lift headline inflation by up to 30 bps, reflects shifting consumption patterns: SBI – Firstpost

India’s WPI inflation turns positive at 0.83% in December, signalling easing deflationary pressures – Firstpost

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  • Post last modified:January 14, 2026

Rising food and commodity prices, along with base effects, push wholesale inflation above expectationsIndia’s wholesale price inflation (WPI) turned positive in December, rising to 0.83 per cent year-on-year, reversing the…

Continue ReadingIndia’s WPI inflation turns positive at 0.83% in December, signalling easing deflationary pressures – Firstpost