World Bank Executive Says India Better Able to Handle Oil Above $100
Neelkanth Mishra said stronger services exports and remittances help cushion the impact of expensive oil.
India is better equipped to deal with crude oil prices above $100 a barrel than it was in the past, as stronger services exports and money sent home by Indians help cushion the impact of expensive oil, Neelkanth Mishra, Executive Director-India at the World Bank, has said.High oil prices, rising US…