INSUBCONTINENT EXCLUSIVE:
India has been under pressure as crude oil prices have surged and rupee has lost value.NEW DELHI: Prime Minister Narendra Modi urged global
oil suppliers on Monday to review payment terms in order to give relief to the country which is struggling with a weakening currency.Modi
was speaking to oil ministers and chief executives of oil majors at a round table in New Delhi, a government statement said."He requested
for review of payment terms so as to provide temporary relief to the local currency," the statement quoted him as saying.India, which
imports more than 80 per cent of its oil imports, has been under pressure as crude oil prices have surged and the rupee has lost
value."Prime Minister Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other
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