 "economy, inflation, market, business, trade, vegetables")
A sense of deja vu has enveloped India.
A sharp slide in the rupee, rising oil prices and a widening current-account deficit due to slowing capital inflows are throwbacks to the dark days of 2013, when the country bore much of the brunt of the "taper tantrum." Yet the situation today isn’t nearly as grim, and India finds itself lower down on the list of risky economies, well behind countries like Argentina and Turkey.
Things can, of course, change quickly if oil prices hit $100 a barrel, which would make it tough for Asia’s third-largest economy to finance its yawning trade gap.
