Andy Mukherjee: From oil and gold to capital flows and fertilizer, how the Iran conflict could rattle India’s economy

Andy Mukherjee: From oil and gold to capital flows and fertilizer, how the Iran conflict could rattle India’s economy

Past West Asian wars hit India at the petrol pump. This one could scorch far more—from remittances and smartphone exports to the rupee, fertilizer feedstock and the Centre’s gold-linked debt. How resilient is India’s economy to a prolonged Gulf inferno?

Flames have reached the United Arab Emirates, Indias second-largest electronics export destination after the US. Beyond being an entrepôt for regional trade, Dubai and Abu Dhabi are wealth hubs for t… [+4850 chars]
Andy Mukherjee: From oil and gold to capital flows and fertilizer, how the Iran conflict could rattle India’s economy - FHMnews