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  • oil subsidy rupee may push fiscal deficit above 5 percent

    Oil subsidy, rupee may push fiscal deficit above 5 percent

    September 28, 2013 7:30 IST

    New Delhi: Widening oil subsidy and weakness in rupee are likely to push India's fiscal deficit above 5 percent in the current financial year as against the budgetary target of 4.8 percent, a ratings and

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