The Daily Brief What’s driving Oil Giants back to India?
7 snips
Jun 11, 2025 Oil giants are making a comeback in India, focusing on meeting local fuel demands as they pivot strategies in response to market changes. Meanwhile, the Reserve Bank of India introduces new regulations for gold loans, revealing challenges for smaller lenders and the importance of consumer protection. These transformations in the energy and gold loan sectors highlight significant shifts in India's economy, showcasing the adaptable nature of local markets.
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Private Oil Giants Shift Home
- India's biggest private oil refiners are shifting focus from exports to domestic market.
- This reflects changing global energy demand and India's growing fuel consumption opportunity.
Global Oil Demand Slows
- Global oil demand growth is slowing due to EVs and renewables.
- Growth prospects are shifting to emerging markets like India with rising middle class and vehicle adoption.
RBI Revamps Gold Loan Rules
- RBI released new comprehensive rules for gold loans starting April 2026.
- They aim to standardize valuation, improve transparency, enhance consumer protection, and cap collateral types.