Tanvee Gupta Jain, Chief India Economist, UBS Securities India, said lower oil prices may offer partial relief for India. UBS has revised its crude oil assumption downward to $65 per barrel from $75 per barrel.

Tanvee Gupta Jain, Chief India Economist, UBS Securities India, said lower oil prices may offer partial relief for India. UBS has revised its crude oil assumption downward to $65 per barrel from $75 per barrel.