New Delhi, Nov. 9 -- India could benefit from lower crude oil prices, softer global bond yields and improved foreign investment flows following the US midterm election results, according to a report by Axis Mutual Fund.

The report said Democrats are expected to focus on affordability, the Iran conflict and tariffs when the new Congress takes charge in January. However, the political shift does not guarantee a return to pre-disruption global economic and geopolitical conditions, ANI reported.

Lower Oil Prices, Yields May Support India

A possible easing of Middle East tensions could lower crude prices, moderate inflation and reduce pressure on global bond yields.

As a major importer of energy and capital, India could benefit from this c...