Record India diesel prices a pain for Modi as rupee tumbles

Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India, on Sunday, Jan. 29, 2017. Reviving India's growth and boosting demand are essential as gross domestic product is likely to grow 7.1 percent in the year through March, the slowest pace in three years -- and this is before considering the impact of currency shortages in an economy where 98 percent of consumer payments are made in cash. Photographer: Dhiraj Singh/Bloomberg
Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India, on Sunday, Jan. 29, 2017. Reviving India's growth and boosting demand are essential as gross domestic product is likely to grow 7.1 percent in the year through March, the slowest pace in three years -- and this is before considering the impact of currency shortages in an economy where 98 percent of consumer payments are made in cash. Photographer: Dhiraj Singh/Bloomberg

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