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Falling oil prices shrink trade deficit to 11-month low - Reuters
Reuters | Falling oil prices shrink trade deficit to 11-month low Reuters Falling global crude prices brought down the cost of oil imports to $8.25 billion, down 17 percent from December. Year-on-year oil imports fell by nearly 38 percent. Oil accounts for nearly a third of India's imports. Global crude prices have plunged ... Trade Deficit Shrinks to 11-month low on Oil Prices Trade deficit at 11-mth low on oil plunge India cuts oil imports in January to achieve fiscal target |
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