Why we need to pray for $5 crude price dip

Times of IndiaWhy we need to pray for $5 crude price dipTimes of IndiaThe build-up due to the weakening of the rupee roughly accounts for 56% and 50% of the increase in petrol and diesel prices, respectively, since August 1. In dollar terms, while the Indian basket has become costlier by 3%, the price of imports has ...

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