Oil prices, freight rates may pinch economy

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New West Asia conflict may impact India. Limited direct trade impact is expected. Higher oil prices are a major concern for the Indian economy. Disruption of sea routes and increased freight costs are feared by exporters. Saffron prices may rise. Gold imports could increase the trade deficit. The world has managed conflicts in the past.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GILmaFt

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