Oil imports down 39% to $5.02 billion in Jan
India's oil imports in January shrank 39% year-on-year to $5.02 billion amid a fall in global oil prices, while coal imports for the month fell by 38.4%. Meanwhile, the export of drugs and pharmaceuticals increased by 12%, however, those of engineering goods and petroleum products shrank by 27.6% and 35.2% respectively.