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India's oil import growth may quicken: trade secretary

India's oil import growth could accelerate in December and January, after rising a provisional 2.3% in November, trade secretary Rahul Khullar said today.

india Updated: Dec 08, 2010 13:22 IST
Reuters

India's oil import growth could accelerate in December and January, after rising a provisional 2.3% in November, trade secretary Rahul Khullar said on Wednesday.

Rapid expansion in Asia's third-largest economy will see rising demand for fuel.

India's economy could grow over 9% in the current fiscal year to March 2011, after expanding 8.9% in the September quarter, the finance ministry said on Tuesday.

First Published: Dec 08, 2010 13:18 IST