#mehangai news - Higher crude oil prices will worsen fiscal balance: Nomura

Higher crude oil prices will worsen fiscal balance: NomuraTimes of IndiaMumbai, Nov 5 () Indicating adverse macroeconomic impact of rise in crude oil prices, global financial services major Nomura said every USD 10 per barrel rise in the price will worsen India's fiscal balance by 0.1 per cent and current account balance ...

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