The recent developments around China, Iran and the Middle East have the potential to generate two types of shocks – oil price and capital flow – and India is vulnerable to both, former governor of Reserve Bank Y V Reddy said on Tuesday. <\/p>\n
Speaking at a programme organised by the Institute for Advanced Studies in Complex Choices (IASCC), Reddy said there is new ‘bi-polar’ world with USA and China leading each block and despite the fact that both the countries have close ‘economic integration.’ <\/p>\n
In a short time at least, there are two financial risks which may arise out of Middle East- Iran or China-USA. The impact is likely to be in two aspects – oil price shock and capital flow. And the country which is most vulnerable to the shocks is India, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
The recent developments around China, Iran and the Middle East have the potential to generate two types of shocks – oil price and capital flow – and India is vulnerable to both, former governor of Reserve Bank Y V Reddy said on Tuesday. Speaking at a programme organised by the Institute for Advanced Studies in Complex Choices (IASCC), Reddy said there is new ‘bi-polar’ world with USA and China leading each block and despite the fact that both the countries have close ‘economic integration.’ In a short time at least, there are two financial risks which may arise out of […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-301764","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=301764"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301764\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}