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Why India cannot cheer oil price fall wholeheartedly this time
March 9, 2020 | By Livemint.com
business
For state-owned oil producers, decline in prices mean depressed earnings and lower dividends.Remittances could take a hit as Middle East countries are primarily oil-based economies
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NEW DELHI: The windfall gains associated with a massive decline in global crude oil prices may not materialise this time for India in entirety.Brent futures dropped to $36 per barrel in early deals on Monday, falling nearly 30% in a single session. Brent had
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