Great news for Indian economy: Anand Mahindra as oil price falls
Reacting to Brent crude oil price falling to a seven-month low, Mahindra Group Chairman Anand Mahindra tweeted, "I'm cheering because it's great news for the Indian economy". Brent crude fell to below $70 a barrel on Friday, a 20% drop since reaching four-year highs in October. India imports about 82% of its crude oil requirements.