High Oil Prices To Stoke Inflation? | State Of Economy | India Development Debate

Описание: All is not well with the Indian economy! With crude oil prices hitting $80/barrel in international markets and the rupee continuing its downward spiral, fault lines are fast emerging. The spike in crude oil prices has already dealt a body blow to the economy, with petrol and diesel prices touching all-time highs. The immediate result is a rise in consumer inflation, which is now ruling well above the RBI's mid-term target of 4%. The fault lines on the Indian economy is our topic on this India Development Debate with Sandeep Gurumurthy and Supriya Shrinate. Watch!

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