Downside risks to economy have begun materializing as continued West Asia conflict casts shadow over India’s trade outlook: Crisil May 20, 2026 Trending News, Business, COMMERCE, Economy, Export - Import, MSME, Shipping, Trade NEW DELHI: The ongoing West Asia conflict has begun materializing as a major downside risk for the Indian economy, severely impacting international trade and inflating import costs. According to a report by Crisil Intelligence,