24: Why crash in crude oil prices is stoking recession fears

<p>Crude oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slashing its selling prices and pledging to unleash its pent-up supply onto a market reeling from falling demand because of the coronavirus outbreak. Will lower crude prices help India improve its economy? Madan Sabnavis, Chief Economist, Care Ratings talks to Mint's Nasrin Sultana on implications of lower crude on macros and corporate.</p>