India Has the Look, and Buzz, of a Red-Hot Market on Oil
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You could excuse investors in India for sounding a little giddy these days. They’re just real excited about the tumble in oil prices.
“Crude oil has given such a beautiful boost,” S. Naren, chief investment officer at ICICI Prudential Asset Management, which oversees $22 billion, said in an interview on Tuesday in Mumbai. “Everyone knows India is the economy to bet on.”