Hello Friends,
Check out the Macroeconomics MBA project on relationship between crude oil prices & inflation in India.Know more about this PGDM/MBA project.
Introduction
The economic growth of any country is directly related to energy supply and in case of large country like India it is not an exception. The energy in form of Coal, Oil &Power is one of the most important drivers of the economy. The major energy requirements of India are still dependent on Crude Oil. India is the fourth largest consumer of crude oil in the world.The indigenous production of Crude Oil is very low in India and therefore India is mostly dependent on imports to take care of its domestic fuel demand. This fuel is majorly used in transportation, Industrial power, heating and lightning, lubricants and petro-chemical industry. This leads to severe pressure on Indian Economy when the Crude Oil prices increase as prices impacts are evident on commodities and service industries severely in cost and value. It directly affects the prices of goods and commodities and leads to social unrest.
To download the macroeconomics MBA project click on the icon below.
Check out the Macroeconomics MBA project on relationship between crude oil prices & inflation in India.Know more about this PGDM/MBA project.
Introduction
The economic growth of any country is directly related to energy supply and in case of large country like India it is not an exception. The energy in form of Coal, Oil &Power is one of the most important drivers of the economy. The major energy requirements of India are still dependent on Crude Oil. India is the fourth largest consumer of crude oil in the world.The indigenous production of Crude Oil is very low in India and therefore India is mostly dependent on imports to take care of its domestic fuel demand. This fuel is majorly used in transportation, Industrial power, heating and lightning, lubricants and petro-chemical industry. This leads to severe pressure on Indian Economy when the Crude Oil prices increase as prices impacts are evident on commodities and service industries severely in cost and value. It directly affects the prices of goods and commodities and leads to social unrest.
To download the macroeconomics MBA project click on the icon below.