Light Diesel Oil (LDO). LDO is a dark colored diesel fuel oil used in large stationary or low speed (less than 600 RPM), marine diesel engines, Boilers, Furnaces, Air pre-heaters, Lift irrigation pump sets, Fertilizer plants, Bunker and DG sets. LDO meet IS 1460-2000 Specification.
What is 'Deflation' Deflation is a contraction in the supply of circulated money within an economy, and therefore the opposite of inflation. In times of deflation, the purchasing power of currency and wages are higher than they otherwise would have been.
Decline in the prices of goods and services. Antithesis of inflation. A situation in which a currency gains value, often resulting from a decrease in prices. Many economists believe that deflation is the result a fall in demand for goods and services, which causes producers to reduce prices. This reduces their profits and causes a reduction in investment, which contributes to a further drop in demand.