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Economist Swaminathan Aiyar argues that India's strong economic growth is a result of long-term structural reforms, not short-term budget adjustments. He advises the government to prioritize fiscal consolidation and deregulation over new stimulus measures or expanding subsidies and PLI schemes, emphasizing the need to cut red tape to sustain momentum.
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Cuba was previously importing about 35,000 barrels of oil a day from long-time ally Venezuela.
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The change could pave the way for more foreign investment in the country's oil industry.
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News and Media
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