crude meaning in tamil
crude meaning in tamil with example
crude tamil meaning and more example for crude will be given in tamil.
The rupee declined sharply on Monday on renewed hectic dollar demand from oil corporates amid rising crude oil prices and a broader firm dollar even as an extended New Year holiday overseas kept business quiet at the interbank foreign exchange market. Rising crude oil prices however fuelled hectic dollar demand from oil companies reducing sharp gains they added. Although rising crude oil prices and a burgeoning current account trade deficit weighed on rupee value the currency could take comfort from sustained FII inflows and a broader weak dollar bankers said. Mondays seizure of explosive material in Kozhikode was a continuation of a series of incidents such as a blast on a fishing boat at Beypore in Kozhikode and unearthing of a unit making crude bombs at Narath in Kannur. The Cabinet Committee on Economic Affairs CCEA has cleared the funding of a fivemillion tonne strategic crude oil reserve at an estimated cost of Rs. Mukherjee said the strategic crude reserves would be built at Mangalore and Vizag by the Indian Strategic Petroleum Reserves Limited ISPRL a subsidiary of the OIDB. The concept of a strategic crude reserve has been under consideration for quite some time in view of the volatility in international oil markets. Currently India imports 73 per cent of its crude oil requirement and oil imports alone are estimated to have cost about Rs. In the case of India it has roughly about one months stock of crude oil and petroleum products but this is not considered sufficient in case oil imports are disrupted for a longer period.