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Industrial nations are emerging more quickly than expected from their worst recession in the post-war period but the upswing is bypassing the labour market, the Organisation for Economic Cooperation and Development (OECD) said Wednesday.

The latest set of measures taken by the nations to deal with climate change will fail to quench the global thirst of crude, while the global demand of oil will peak within 15 years, the global petroleum bloc has said.

By the proposals in the Union Budget of 2017, India has sought to adopt and introduce in its Income tax law provisions,