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.
DEFINITION of 'Deflation'. A general decline in prices, often caused by a reduction in the supply of money or credit. Deflation can be caused also by a decrease in government, personal or investment spending. The opposite of inflation, deflation has the side effect of increased unemployment since there is a lower level of demand in the economy, which can lead to an economic depression.