NEW DELHI (Reuters) - A fall in global oil prices in recent weeks was welcome, but the cost of crude remained a worry, the chief of Prime Minister Manmohan Singh's economic advisory panel said on Tuesday.
Suresh Tendulkar told reporters the panel was sticking to its economic growth estimate of 7.7 percent for 2008/09, and an 8-9 percent inflation forecast for the end of the fiscal year in March 2009. "Things seem to be improving. But OPEC has said they would not allow prices to fall below $100 a barrel, which is still a worry," Ravichandran K. www.kences1.blogspot.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
