Modi’s $100 Billion Oil Drilling Plan Aims to Cut Indian Imports

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India's Prime Minister Narendra Modi announced a $100 billion oil drilling plan to reduce oil imports, aiming to attract investments by the end of the decade.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

India’s efforts to expand oil drilling to previously restricted areas could help attract investments worth $100 billion by the end of the decade, Prime Minister Narendra Modi said Tuesday.

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Original article published by Bloomberg on January 27, 2026.
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