BusinessAsianet Newsable
India needs crude oil at $75-80 to manage import bills: Analyst

in5points
Analyst Kunal Saraogi states India needs crude oil at $75-80 per barrel to manage import bills and currency pressure.
Saraogi warns that $100 oil would be a major shock for India's economy.
High oil prices and West Asia tensions are causing market volatility, but FIIs are returning to the market.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Asianet Newsable
Center-right
Mixed factuality
Who owns this?
Asianet News Network
Rajeev Chandrasekhar / Jupiter Capital interests historically