As tensions in West Asia disrupt the Strait of Hormuz, India's heavy reliance on imported crude brings global oil chokepoints back into focus, with narrow maritime corridors shaping fuel prices, inflation and trade flows.
India has 3-4 weeks of crude and fuel inventory despite the Hormuz Strait closure, with only 40% of supplies routed through the corridor, senior government sources told NDTV Profit.
Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal chaired a review meeting on Tuesday to assess the security environment and its impact on Indian maritime assets.
A combination of multiple investment instruments like FDs, SWP and annuity plans could be helpful in generating steady monthly returns after retirement up to the age of 100.
