New Delhi, April 19 -- Slowdown in the US economy amid rising geopolitical tensions and energy shocks has raised concerns with limited but notable implications for India, noted a report by SBI research.
The report has flagged concerns over a potential slowdown in the US economy amid rising geopolitical tensions and energy shocks, but noted that "this time may be different" compared to past recessionary cycles, with limited but notable implications for India.
According to the report, historical trends suggest that every major global oil shock has typically been followed by a recession in the United States. Episodes such as the 1973 oil embargo, the 1979 Iran crisis, the Gulf War, and the 2008 global financial crisis all saw sharp spikes ...
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