Israel-Iran Conflict: Escalating Tensions Could Impact Indian Economy | Vantage with Palki Sharma
As tensions escalate in West Asia, the potential for a wider conflict looms, posing significant risks to the Indian economy. The International Monetary Fund has highlighted concerns that rising oil prices could reverse recent gains in controlling inflation and dampen the positive sentiment in financial markets. With India relying heavily on oil imports, accounting for 85% of its needs—nearly half sourced from West Asia—the stakes are particularly high. The IMF is monitoring the situation closely, noting that the ongoing conflict could also push global interest rates higher. Palki Sharma assesses the risks.
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Economy | India | Impact | Iran | Israel | Drone Attack | Missile | Benjamin Netanyahu | Operation True Promise | Tel Aviv | Israel Defense Forces | Israel Hamas War | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#india #economy #irandrones #israel #missilestrike #israel #iran #israelhamas #conflict #war #middleeastcrisis #westasia
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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