‘Crude prices have risen 30% in a month’: CEA warns India exposed to multiple shocks
MUMBAI: Oil prices have shot up to $114 a barrel from below $85 in June and July, exposing India to multiple shocks as trade, technology and energy risks increasingly reinforce one another, chief economic adviser V Anantha Nageswaran said on Thursday.Speaking at the SBI Banking and Economics Conclave, Nageswaran said India’s imported crude basket had…
