Categories: Business

Oil above $100: How soaring crude prices are hitting India — explained in 10 charts

Geopolitical tensions in the Middle East are significantly impacting India’s economy. Rising crude oil prices have led to a Rs 3 per litre fuel hike, eroded investor wealth by over Rs 5.85 lakh crore, and pushed the rupee to an all-time low. Foreign investors are also withdrawing funds, while the import bill has surged.

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The News Vista
5 months ago

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