The IMF also projected India’s economy will grow at 6.3% in both the current fiscal year and the next, below the RBI’s forecast of 7% in the current year.
India is an outlier for engaging with Russian economy, which has brought back talk of reviving an old Cold War relic: the rupee-rouble trade. But the rupee is in trouble in Russia.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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