India may face higher inflation, wider CAD, currency pressure amid US-Iran tensions: India Ratings' analyst
New Delhi [India], April 13 (ANI): Escalating tensions in West Asia between the United States and Iran could widen India's current account deficit (CAD), and chances are high that the country may face higher inflation, widening fiscal pressures and currency weakness, according to Devendra Pant, Chief Economist at India Ratings and Research.