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Old 14th August 2008, 18:44   #5 (permalink)
mail4ajo
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Quote:
Originally Posted by mjothi View Post
In my opinion, this is just a short term effect. Crude price has come down and that will have the impact on all other industry.
Dont think so, Crude is cheaper, but Indian fuel cost will continue to remain or rise since the Oil companies wants to negate the losses already suffered due to the previous higher crude prices.

Quote:
Originally Posted by jagan0677 View Post
If you ask me, this looks just like the beginning.
I dont think interest rates or inflation is coming down soon enough, to make this short-lived.
I think this time we may have to wait for some time to see the reversal of the slowdown trends.
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