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India Inc sees gains from falling commodity prices

Posted on 23 April 2013

A sharp fall in commodity prices across segments in the past couple of months is expected to rescue India Inc from shrinking profitability in 2013-14.The fall is 15-20 per cent. Metal prices in India have fallen by seven to 10 per cent during the period.
Since mid-February, the commodities market has seen a reversal following the European debt crisis and fear of an early phasing out of the US Fed’s quantitative easing programme………………………………………..Full Article: Source


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