As expected, along with other global markets, tension in West Asia hit the Indian equity market on Monday. As a result, the benchmark Sensex lost about 2 per cent in the trade. An escalation in West Asia could push up crude oil prices significantly and affect the Indian economy at multiple fronts.
Here’s a collection of Business Standard Opinion pieces for the day.
In the context of tension in West Asia, there are three axes along which the Indian government will need to prepare, says our lead editorial. Click here to read
There is just no fiscal headroom

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