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India is likely to rank among the emerging economies worst affected by the Russia-Ukraine crisis. If the conflict continues, India, which imports close to 85 percent of its oil needs, is likely to see its fiscal, trade and account deficits swell.

India is likely to rank among the emerging economies worst affected by the Russia-Ukraine crisis.  If the conflict continues, India, which imports close to 85 percent of its oil needs, is likely to see its fiscal, trade and account deficits swell.

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