Chinese stock markets suffered their biggest single-day drop since the global financial crisis.
Indian basket at 6-month low of $49.11 a bbl
'Interim Budget has ignited the entrepreneurial spirit.'
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
The Indian economy can grow if it is delinked from the slow growth in the West and the deceleration in China, says Ashok K Lahiri.
Companies world over have to confront unprecedented factors that can cause losses.
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