#mehangai news - For Fuel-Importing India, $50 Oil Seen as Economic Sweet Spot

BloombergFor Fuel-Importing India, $50 Oil Seen as Economic Sweet SpotBloombergOil prices have long been a key determinant of India's economic outlook, feeding into exchange rates as well as living costs. The 55 percent plunge in Brent crude since the end of 2013 allowed the government to scrap subsidies on gasoline and diesel ...and more »

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