Economy How California wildfires can spark a financial crisis in America and thus impact India Updated : September 18, 2020 08:49 PM IST 3 million homes from the states 12 million homes are at risk from wildfires. India saw a drop in its growth rate year-on-year as the impact of the US financial crisis in 2009. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.