India is source of Global economy growth : IMF

India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said, as it suggested the Country to take steps towards more structural reforms. “India now contributes, in purchasing power parity measures, 15 per cent of the growth
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Kuwait has cut the May official selling price (OSP) for its crude oil sold to Asia by 25 cents per barrel from the previous month, an industry source familiar with the matter said. Kuwait will sell crude to its Asian customers at a discount of $1.40 a barrel to the average of the Oman/Dubai benchmark
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