Crude oil at $100 may impact India's GDP growth
after close1 source ↓written by the desknot a recommendation
- nearing
- $100 per barrel
Rising crude oil prices, nearing $100 per barrel, pose significant risks to India's economy. Garima Kapoor from Elara Capital warns that sustained prices above this threshold could reduce GDP growth by up to 1%. This situation raises concerns about inflation and fiscal stability, urging investors to reassess their portfolios amid increasing market volatility.
Not investment advice. For informational purposes only.