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From The Tribune

Center Owned by The Tribune Trust

Crude oil landed cost at USD 130-140 per barrel; RBI may hike rates by 50 bps this fiscal: Kotak Neo’s Banerjee

RSS excerpt

India's energy import bill has come under pressure as the landed cost of crude oil has risen to USD 130-140 per barrel, significantly above December Brent futures trading at around USD 106, while persistent fuel and food inflation could prompt the Reserve Bank of India (RBI) to raise interest rates…

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