Opec should cheer India’s thirst for crude - FT.com:
"India, Asia’s second-largest economy, has long trailed in the shadow of its faster-growing brethren. First Japan, then Korea and then China led the Asian growth miracle.
One important reason perhaps: India is not much of an exporter. Its exports account for just 1.7 per cent of world trade; China’s share is seven times as large.
India, though, is on a roll. Despite a tough period of drought, inflation is under control and the rupee has held relatively stable over the past year."
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