Higher Oil Prices: Diminished Risk To India’s Twin Deficits?
An attendant sits between two fuel pumps at a BPCL fuel station in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Higher Oil Prices: Diminished Risk To India’s Twin Deficits?

Higher global oil prices often send the Indian currency tumbling and bond yields soaring.A surge in prices, particularly for an oil importer like India, can mean wider current account and fiscal de...
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