{"id":29744,"date":"2018-10-26T12:12:17","date_gmt":"2018-10-26T06:42:17","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=29744"},"modified":"2018-10-26T12:12:17","modified_gmt":"2018-10-26T06:42:17","slug":"india-to-lose-if-oil-prices-climb-more","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-to-lose-if-oil-prices-climb-more\/","title":{"rendered":"\u2018India to lose if oil prices climb more\u2019\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/todays-paper\/tp-business\/india-to-lose-if-oil-prices-climb-more\/article23688973.ece\"><strong>\u2018India to lose if oil prices climb more\u2019<\/strong><\/a><\/p>\n<p><strong>What has happened?<\/strong><\/p>\n<p>India, along with other emerging economies like Turkey and the Philippines, will be a loser if the recent oil price rise continues, according to a Nomura report<\/p>\n<p><strong>Affecting net oil importers with weak economic fundamentals<\/strong><\/p>\n<p>The supply side-driven increase in crude oil prices is likely to spur a major differentiation in emerging markets\u2019 performance, hurting large net oil importers with weak economic fundamentals, possibly by more than it benefits large net oil exporters<\/p>\n<p><strong>Worsening CAD<\/strong><\/p>\n<p>Every $10\/barrel (bbl) rise in oil price would worsen the current account balance by 0.4% of GDP, increase inflation by 30-40 basis points (bps), hurt growth by 15 bps and worsen the fiscal balance by 0.1% of GDP<\/p>\n<p><strong>The winners<\/strong><\/p>\n<p>The clear cut winners from the rise in oil prices include exporters Saudi Arabia, Nigeria and Colombia<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018India to lose if oil prices climb more\u2019 What has happened? India, along with other emerging economies like Turkey and the Philippines, will be a loser if the recent oil price rise continues, according to a Nomura report Affecting net oil importers with weak economic fundamentals The supply side-driven increase in crude oil prices is&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-to-lose-if-oil-prices-climb-more\/\">Continue reading <span class=\"screen-reader-text\">\u2018India to lose if oil prices climb more\u2019\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-29744","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704723887},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/29744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=29744"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/29744\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=29744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=29744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=29744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}