Friday, May 25th
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The growth of the Indian economy has slowed down and is likely to decelerate further. The government has curbed exports, eased imports, tightened money supply and hiked interest rates. Yet inflationary fires continue to rage.
Government subsidies keep fuel prices low, but in the process oil and gas firms suffer losses
International prices of crude oil and petroleum products have touched record highs. Never before in the history of humankind have oil prices gone up to the extent they have in recent months.
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