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Ashok Lahiri backs Modi's appeal to conserve foreign exchange
NewsBytes | May 14, 2026 3:39 AM CST

Lahiri warns of oil import vulnerability

Dr. Lahiri called these measures a "timely precautionary measure," pointing out that India depends a lot on imported oil, so any disruption can hit hard.
He reminded us that taking smart steps early, just like during past crises (think 1962), can help soften the blow and keep things stable if global oil supplies get shaky.


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