In the wake of rising tension in West Asia, the government of India has advised citizen to avoid non-essential travel to Iraq until further notification. Aside from the geopolitical relevance, developments in West Asia will have implications for both the global and Indian economy. A sharp rise in oil prices will only reduce the possibility of a revival in the Indian economy.
Here’s a collection of Business Standard Opinion pieces for the day.
In 2020, it is likely that economic growth will remain in the order of 5 per cent. It could be significantly lower if the conflict in West