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Red Sea crisis threatens India's exports, projected $30 bn decline
The preliminary evaluation, conducted by the New Delhi-based think tank Research and Information System for Developing Countries, implies a 6.7% decline in Indian exports, considering last fiscal year's total of $451 billion.Read more
Red Sea attacks spark shipping disruptions, pose inflation risk
Following the assault by Iran-backed Houthi militants on commercial vessels in the Red Sea, shipping companies are redirecting their cargoes, opting to sail around Africa instead of using the Suez Canal's shorter route.Read more
