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The one thing that can shatter India's dream of double-digit growth: rising oil prices - Quartz

Wall Street Journal

The one thing that can shatter India's dream of double-digit growth: rising oil prices
Quartz
In 2015 alone, when oil prices hit an 11-month low of $37.34 a barrel, India saved an estimated Rs2 lakh crore ($29.6 billion) on imports. Savings from falling crude have helped Asia's third largest economy channel the surplus towards other key areas.
$50 Oil Is a Pain at the Pump in AsiaWall Street Journal

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Admin 26.05.2016 0 66
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