Petrol Pump_delhi Courtesy: http://photodivision.gov.in/
4 December 2014

Why oil won’t worry India in 2015

Last week, petroleum prices reached a five-year low, and the fall is likely to last as new production and alternative sources enter the market. India, which has a huge petroleum products bill, now has a chance to shock-proof its economy, diversify dependence away from West Asia, and become energy-efficient