Crude oil near $120, to intensify headwinds for economy, but tailwinds likely to reduce pressure
· thehindubusinessline.com
Union Budget has estimated fertiliser subsidy at ₹1.70 lakh crore. However, according to Controller General of Accounts (CGA), outgo has already crossed ₹1.03 lakh crore in first five months.
With brent crude nears $120 as escalating Saudi-Houthi tensions, Indian economy sets to face severe headwinds. However, economists feel there are tailwinds too ...