India's imports from Russia rise 3 folds since Ukraine conflict

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India's imports from Russia rise 3 folds since Ukraine conflict

STORY: India's imports from Russia rise 3 folds since Ukraine conflict DATELINE: May 12, 2022 LENGTH: 00:01:36 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. shot of India gate 2. shot of government buildings 3. various of oil tank 4. various of fuel station 5. various of people filling fuel into vehicle 6. various of traffic STORYLINE: India's imports from Russia witnessed a jump of more than threefold since the beginning of the Ukraine conflict, a local newspaper reported Wednesday. The increase in imports to 4.67 billion U.S. dollars from a year before has been attributed to the discounted prices offered by Russian suppliers, Financial Express reported. "The surge in shipments from Russia is thanks to New Delhi's efforts to strike good deals with Russian suppliers to tide over a growing shortfall of crude oil and other inputs like coal and fertilizers," it said. The newspaper citing preliminary data obtained from sources said between February 24 and May 8, India's purchases of crude oil from R

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