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When dark clouds bring hope for prosperity in India

Crude oil prices have fallen, saving the government billions and enriching oil refiners. And out in the rural areas, farmers are expecting a big harvest.

A silver lining during the pandemic is that India is currently benefiting from the best monsoon rainfall in the last six years, which has led to a better crop this season.

THE metaphors for optimism seem to be falling out of India's darkening sky: The government has received a windfall from low crude oil prices. The heaven-sent crash in oil prices is also a boon for the profits of Indian oil refiners, and good monsoon rainfall is signalling a rural-sector recovery...

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