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India should avoid knee-jerk reaction to oil price hike, says Dharmendra Pradhan

India should avoid knee-jerk reaction to oil price hike, says Dharmendra Pradhan
Oil Minister Dharmendra Pradhan on Saturday said India as a stable economy should avoid any knee-jerk reaction to volatile crude oil prices. He further indicated ​no cut in taxes on fuel despite petrol breaching the Rs 80 per litre level in the Capital. 

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